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MOM: Over 25% of companies plan to raise employee salaries in early 2026
['Nick Karean']
The Independent Singapore News
SINGAPORE: More employers in Singapore are planning to raise employee wages in early 2026, after three straight quarters of decline in pay intentions.
A Ministry of Manpower (MOM) report found that 26.4% of firms intend to increase wages in the first quarter of 2026.
The findings came from MOM’s advance estimates in its 2025 fourth-quarter Labour Market Report, released on Thursday.
She said local construction projects continue to progress, while hospitality and financial services remain key sectors to monitor.
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