Tech professionals will be in demand in Singapore next year as hiring activity increases and workers look to switch jobs, according to two surveys by recruitment firms Robert Walters and Randstad Singapore.
Robert Walters’ Salary Survey 2022, which covered 608 respondents from six Southeast Asian countries, showed that salaries for IT employees are expected to increase significantly due to the talent shortage.
About 85% of tech and transformation firms in the country are already giving pay rises – the highest among seven sectors covered by the survey.
The report also found that slightly over half of respondents in Singapore intend to change jobs in the next six months mostly due to career progression and salary increase.
At the same time, Randstad’s 2022 Market Outlook and Salary Snapshot Report revealed that demand for tech talent will continue in 2022 due to the digital shift during the pandemic.
Randstad Singapore Senior Director for Technology Recruitment Daljit Sall said that there will be a “global acceleration in the movement of talent” as restrictions relax and workers look for new jobs.
Post-pandemic salary benchmarks may also increase, generating between $5,000 to $14,000 for a junior software engineer.
Currently, the top tech roles in demand are data scientists, cybersecurity specialists, and developers.