How Singapore's businesses are waging talent wars

In a typical year, lawyers at one of Singapore's top four local law firms can expect to receive an annual raise of between 10% and 15%.

According to one former employee, the company stated that staff will receive a higher raise this year. According to the guy, his compensation increased by 40% without being linked to promotion.

In a tight labour market, the law firm isn't the only one in Singapore revising compensat....