Tech employees are expected to have higher salaries since the talent competition in Singapore is becoming more intense.
Right now, many workers, blue-collar or white-collar ones, are still fighting for the salary they want, especially since many countries experience rising inflation rates.
Now, Singaporean tech staff might have better salaries, especially software engineers. NodeFlair, a tech talent platform, released data claiming that software engineers will benefit the most from Singapore's rising salaries.
Tech Employees To Have Higher Salaries in Singapore
According to The Strait Times' latest report, NodeFlair's Tech Compensation report stated that senior software engineers in Singapore now have better salary raises.
Also Read : Intel Technology Roadmaps and Milestones
They also receive increments of up to 32%. This just shows that tech experts in Asian country are being valued compared to the past years.
"The kinds of offers tech talent are seeing now is definitely at an all-time high due to the global talent shortage across sectors such as technology, manufacturing, and logistics," said Daljit Sall, a Randstad Singapore Senior Director.
He added that software engineers and other professionals in the tech industry would likely experience salary increases over the following years.
This is because tech companies entering Singapore are continuously looking for talents that can help them expand in the country.
If you want to see more details about NodeFlair's report, you can visit this link.
Highest Paying Tech Jobs
ZDNet previously provided some of the highest-paying tech positions back in 2021. IT chiefs are one of the top tech jobs since they average $151,983 yearly salary.
Dice, a jobs marketplace, confirmed that this is 6% higher than IT chiefs' salaries back in 2020.
Aside from this position, Cloud architects, engineers, and system architects were also included in the highest-paying tech jobs in 2021.
In other news, Salesforce NFT's employees recently threatened the company that they would quit their jobs if the tech firm's cloud platform was launched.
Meanwhile, FuturePlus' launch is expected to help more SMEs achieve their 2030 sustainable goals.
For more news updates about tech employees and other related topics, always keep your tabs open here at TechTimes.
This article is owned by TechTimes
Written by: Griffin Davis
