GARAGE: TALENT GRAB
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Tech firms offer mouth-watering pay as they ramp up on Singapore hiring
Scarce talent and competition with incumbents mean that tech players have to sweeten the deal
Published Tue, Oct 5, 2021 · 09:50 PM
Singapore
THE stubborn shortage of specialised talent is pushing tech companies to raise salary offers for roles such as software engineers, with some even doling out startling pay increases for top hires.
In just the last six months, the median monthly salary for lead software engineers has risen 11.8 per cent to S$9,500 in the third quarter, according to data from tech career platform NodeFlair, which aggregated Q3 salary figures based on over 5,600 data points from job listings and user submissions supported by payslips or offer letters.
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