KUALA LUMPUR (Dec 5): Salary increase across key industries in Malaysia is forecast to remain stable at 5% in 2020, while the inflation rate is projected to rise to 2.4% from 0.9% in 2019, says consulting firm Mercer.

In particular, the shared services and outsourcing (SSO) industry is expected to have the highest salary increase at 5.5% (5.3% in 2018), according to findings of Mercer’s annual remuneration survey.