And total wage increase in expected to be only 1.3% if inflation hits at about 2.5 to 3.5 per cent.
This is according to a survey of 151 companies in October by consultancy firm Remuneration Data Specialists.
The study showed that employers are somewhat cautious about wage increases, bonuses and recruitment.
This comes as economic growth is expected to "slow or even stall" this year.
Variable bonus (excluding AWS) for 2012 is expected to drop slightly to between 1.8 and 2.1 months, compared to the average 2.2 months workers got last year.
Employment is also expected to ease.
54 per cent of respondents said they are likely to hire in the first half of 2012 - that's down from the 77 per cent of companies which said they hired staff in 2011.
In a separate survey on women in leadership by the Singapore Human Resources Institute, statistics show that women still face challenges in the workforce.
Common complaints include - not being given challenging assignments or leadership positions and not being as equally rewarded as their male colleagues in similar jobs.
- CNA/fa
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