1、Singapore Employment Outlook 2025KPMG Personal Tax&Global Mobility Services KPMG in SingaporeBusiness outlook|Talent management|RemunerationEmployment Trends Survey First Edition Contents Business outlook05 Work arrangements13 Talent attraction&retention17 Compensation&benefits21 References253Singap

2、ore Employment Outlook 2025Executive summaryTalent attraction&retentionCompensation&benefitsWork arrangementsBusiness outlookExecutive SummarySingapore Employment OutlookBusiness growthCautiously optimistic about head count growthFocus on revenue growth and operational efficiencySome initial adoptio

3、n of Generative AIFocus on Talent Attraction and Retention Talent managementMost companies struggling to find talentIn-office mandates clashing with employees hybrid work preferenceEmployee prioritiesWork flexibility is highly valued by employeesSalary increase can impact motivation and retentionJob

4、 outlook1/3 of respondents considering a change of job47%of respondents are expecting at least a 20%salary increase to move jobsOverall,our findings show that the competition for talent in Singapore is expected to increase as businesses seek talent with specialised skillsets.This is particularly cru

5、cial as the workforce supply is projected to decrease in the coming years due to demographic factors.Given this trend,talent attraction and retention will become increasingly critical.This report explores how employers can maintain employee satisfaction in the four areas outlined below and how they

6、can strategically refine their talent strategies in a tight labour market.4Singapore Employment Outlook 2025Executive summaryTalent attraction&retentionCompensation&benefitsWork arrangementsBusiness outlookIndustry GroupingCountry of HeadquartersThis first edition of the KPMG Employment Outlook surv