2501IS_Salary and Benefits Update 2025

Date / Day: 15 May 2025, Thursday

Time: 2:15pm - 5:00pm

Venue: Online via Zoom

Do note that this session is based on first come first serve basis and subjected to changes. Please register your interest in the form below. We will contact you to confirm your seats with you as soon.

Participants of the ongoing surveys below will be able to redeem one complimentary seat for this session out of selected sharing sessions

1) SNEF Benefits Survey 2025
To participate, click here, download the survey form and submit the completed form to survey@snef.org.sg
Participate by 18 April 2025 to enjoy additional 10% Early Participant discount when you order the SNEF Benefits Report 2025.
Deadline: 30 May 2025

We thank you for your support in our ongoing surveys.

In 2024, Singapore’s GDP grew 4%, reflecting a recovery from previous years. In 2025, the economic outlook remains cautious but positive with the forecasted GDP growth downgraded to 0-2%. Uncertainty from the announcement of US Tariffs and escalating global trade conflicts could disrupt global supply chains, dampen demand, increase costs and pose challenges for Singapore’s highly interconnected and trade-dependent economy. Nonetheless, Singapore’s strong fundamentals and proactive policy responses provide cushion to navigate these challenges. Companies should build on this momentum, while navigating the complexities of an evolving labour market, macroeconomic conditions, and technological advancements.

Singapore’s low fertility rate remains a key challenge in the year ahead, driving continued discussions around family-friendly policies, parental leave, and flexible work arrangements. At the same time, a rapidly ageing workforce prompts more flexibility in wage structures over seniority-based wage practices. Trends in Artificial Intelligence (AI), automation, and digital transformation are also reshaping employment patterns, with a greater emphasis on upskilling and adapting to new job roles.

This session will begin by examining the global and regional economic landscape, followed by a detailed analysis of Singapore's economic outlook for 2025 and 2026. We will also dive into the evolving landscape of wages, the labour market, as well as explore latest compensation and benefits practices to help HR leaders navigate these developments with data-driven insights.

As employers continue to transform their businesses and workforce to meet future demands, HR professionals play a crucial role in ensuring resilience. With evidence-based insights from SNEF surveys and other reputable sources, this session will provide actionable takeaways to guide businesses in building a future-ready workforce.

This session will be facilitated by the SNEF Centre for Labour Information & Analytics (CLIA). Limited seats are available due to the exclusivity of the event.

Administrative Details

1. No cancellation is allowed after the issuance of invoice but replacement of participants is allowed. Please inform our staff at least 3 working days before the workshop if the participant is unable to make it and let us know the name and email of the participant replacing the staff who is unable to attend.

2. Payment methods includes cheque payment and various electronic methods (e.g. Credit Card, PayNow, etc.). The full list of payment methods will be provided in the issued invoice.

3. Videography, photography services and/or audio recordings may be engaged at this event. Images will be taken for publication, publicity or related use. By attending this event, you hereby give your consent for your image or voice ("data") to be recorded at this event and for such data to be used or quoted in internal printed materials by SNEF and/or external media channels (including social media sites).

SNEF Salary and Benefits Update 2025 - Sharing Session