Getting ready to stuff those ang baos? Know what you'll be making this year before you start

Chinese New Year is around the corner and many of us are gearing up for the season with food preparations, party plans and, of course, our ang baos (red packets). As Singaporeans form long lines to get their hands on new notes and interesting red packets, the questions that is likely on everyone’s mind is how much exactly should we give our friends and loved ones given 2023 is poised to be shaky environment for lots of employees. 

In a survey by job site Indeed, it was found that over six in ten respondents expect their financial situations to deteriorate in 2023. The survey also reported that inflation and rising living costs were the greatest concerns of 72% of those surveyed. With GST hikes and massive layoffs, it’s really no wonder that almost 80% of respondents surveyed also said that they would cut down on their expenses if they don't receive a salary increase to compensate for their declining purchasing power.

So as we sort out our notes in our ang baos for the festivities and consider the gloomy economic outlook, we thought we would give you a helping hand by giving you a look at what the salary outlooks looks like for some of the most in-demand marketing, advertising and communications jobs so you can set your expectations for the year and plan for your red packets. Below are the salaries you can expect as reported by specialist talent consultancy 33 Talents in their annual salary guide 2023. 33 Talents is a bespoke talent consultancy and HR services in the digital, data and communications industries across Singapore, APAC and the rest of the world.

Don't miss: 2023 salary guide for SG marketing and communications industry

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