Software engineers are one of the most sought-after professionals in the current job market, with various companies offering attractive salaries and benefits to secure top talent. This blog post explores the most searched tech companies to work for in Singapore on NodeFlair Jobs, including their salary ranges, interview processes, and employee satisfaction ratings.
This blog post provides an overview of the salaries, interview processes, and Glassdoor ratings of the top tech companies in Singapore. The companies listed include ByteDance, GovTech, Shopee, Binance, Visa, Grab, and JP Morgan.
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In our latest salary report, we looked at 15 companies and found out that 6 of them pay their Software Engineers more than 20% of what the rest of the market pays. This means that if you work for one of these six companies, you'll be earning more than most other Software Engineers out there.
We compared the compensation packages of these companies to the market and found out that most of thescompanies pay their Software Engineers at least 10% more than the market's median. In fact, 40% of these companies pay 20% more than the median, which is great news for job seekers!
We also discovered that although a company's popularity doesn't necessarily mean they pay their Software Engineers well, salary is still an essential factor in attracting top talent. So, it's no surprise that companies like Facebook, Apple, Amazon, Netflix, and Google (FAANG-ish) pay their Software Engineers very well - with compensation packages ranging from 35% to 50% more than the median.
All in all, this analysis shows how crucial competitive salaries are in attracting and retaining top talent in the Software Engineering industry.
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We looked into the Glassdoor ratings of 2546 different companies. From our analysis, we found out that the ratings at the 50th and 75th percentile are 3.8 and 4.2, respectively.
Furthermore, out of the 15 companies we evaluated, 4 of them had ratings that were at least at the 75th percentile. However, we also noticed that smaller companies had fewer ratings. As a result, there was a noticeable increase in the number of companies with a rating of 5.0.
Despite these anomalies, we can safely assume that the companies we studied rank much higher than the market's 50th percentile if we disregard these outliers.
ByteDance, a Chinese tech firm renowned for creating the TikTok app, which has taken the world by storm, now boasts over one billion monthly active users, making it one of the largest social media platforms globally.
With an average pay rate of 35.2% above the market median, ByteDance has emerged as the most popular employer among tech talents in 2022. It's no surprise, as the company is capable of offering software engineers salaries as high as $285,000.
Nonetheless, it's a challenging task to land a job at the company, based on our research on ByteDance's interview questions. To summarize, the interview process primarily includes LeetCode medium to hard questions.
Don't worry, though; here are six tips from ChatGPT to help you prepare for the interview.
GovTech is a popular choice among interns and fresh graduates due to its Technology Associate Programme (TAP) and reputation for stability as a government organization.
Software engineers at GovTech can expect an annual salary range of $61,200 to $309,288, which is 11.2% above the market median.
In light of the many layoffs happening in 2023, joining a stable government organization like GovTech may be a wise choice. Additionally, with a Glassdoor rating of 3.9, GovTech is regarded as a decent place to work by its employees.
Shopee, a prominent e-commerce platform in Asia, provides consumers with a broad range of products and services. It was established in 2015 as a subsidiary of Sea and has since grown to become a favored online shopping hub in the region.
Being a significant technology corporation, Shopee offers its employees competitive compensation that varies depending on job roles, locations, and experience levels. Senior Site Reliability Engineers (SREs) can earn up to $169,200 annually.
We have gathered information on Shopee's software engineer interview process and questions from 404 interviews. This provides an in-depth insight into the company's hiring procedure and offers helpful tips to individuals who are interested in applying for a position at Shopee.
Nevertheless, it is important to note that Sea had three layoffs in 2022, and we recognize that these occurrences could impact Shopee's outlook and attractiveness as an employer in 2023.
Binance is a renowned cryptocurrency exchange company that enables users to buy, sell, and trade digital currencies in a secure and efficient manner.
The annual salary range for software engineers at Binance is between $72,000 to $192,000, which is 22.5% above the market median. However, it is worth noting that Binance's competitor, Coinbase, pays significantly higher.
Although Binance's Glassdoor rating of 3.6 is below the 50th percentile of 3.8, it is still considered a respectable rating.
It is worth noting that the popularity of Binance shot up in 2022 to forth place, as it did not even make the list in 2021.
Visa is a trusted global payments technology company connecting businesses, financial institutions, and consumers worldwide for secure and convenient digital transactions.
The annual salary of software engineers at Visa ranges from $60,000 to $162,000. While Visa pays above the market rate, they pales in comparison to the other companies on this list, paying only 10.7% higher than the market.
However, it has a pretty high Glassdoor rating of 4.2 (75th percentile), which might explain its popularity.
Grab is one of the most popular tech companies in Singapore, known for its ride-hailing and food delivery services.
Software engineers at Grab enjoy an annual salary ranging from $54,000 to $226,332, which is 19.5% higher than the market median. This high salary range reflects Grab's commitment to hiring and retaining the best talent in the industry.
According to Glassdoor, Grab has a rating of 4.3, which indicates high employee satisfaction and a positive work culture. In our research, we found that Grab conducts 5 rounds of interviews during the hiring process, which demonstrates its commitment to finding the right candidates for each role.
Moreover, unlike many other companies in the tech industry, Grab has not undergone any layoffs in 2022 and 2023, providing job security and stability for its employees.
Overall, Grab's combination of above-market salaries, positive work culture, and job stability make it a top choice for software engineers seeking employment in Singapore's tech industry.
JP Morgan is one of the largest and most well-known investment banks in the world, with a strong presence in Singapore.
The annual salary for software engineers at JP Morgan ranges from $60,000 to $264,000, with an average salary that is 22% above the market median. Not only that, but the high salaries extend to other tech roles too, with their senior site reliability engineers earning up to $191,292.
In addition to offering competitive salaries, JP Morgan has a strong reputation as a respected and successful financial institution. Its Glassdoor rating is 4 out of 5, which is a good indication of employee satisfaction and company culture.
It will be interesting to see how JP Morgan fares in the coming year, given recent events in the banking industry such as the acquisition of Credit Suisse. Nonetheless, JP Morgan's reputation and generous compensation make it an attractive employer for software engineers in Singapore.
Apple is one of the most successful tech companies in the world, with a reputation for innovation and cutting-edge technology. The annual salary range for software engineers at Apple is between $84,000 to $270,000, which is significantly higher than the market median, at 34.9% above.
Apple has a remarkable Glassdoor rating of 4.2, placing it in the 75th percentile, and it is currently the only FAANG company that has not carried out a layoff. These factors combined make Apple a highly desirable employer in the tech industry.
PayPal is a well-known American financial technology company that provides online payment systems worldwide.
The company pays its software engineers an annual salary ranging from $64,800 to $235,200, which is significantly higher than the market median by 16.2%.
In terms of employee satisfaction, PayPal has a Glassdoor rating of 4, which is a great indicator of its positive work culture and supportive management.
However, the company has recently undergone a layoff in 2023 due to the economic uncertainty and recession, resulting in a reduction in transactions and a need to lower operating costs.
Despite this, PayPal remains a major player in the fintech industry and continues to innovate and grow.
Foodpanda is a leading food delivery platform that connects customers with their favourite restaurants and cuisine choices.
The annual salary for software engineers at Foodpanda ranges from $60,000 to $360,000, which is significantly higher than the market median, with a 24.9% above market median salary compared to other companies.
Despite the recent layoff in 2023, citing the challenging global macroeconomic environment as the reason for their decision to conduct downsizing, Foodpanda remains a popular tech company in Singapore. It has a Glassdoor rating of 3.8 (50th percentile), indicating that its employees generally have a positive opinion of the company culture and management.
Foodpanda's commitment to paying above-market salaries to its software engineers is one of the reasons why it is a desirable place to work in Singapore's tech industry.
Meta is a technology company that offers a competitive salary package for its senior software engineers, with an average annual salary of $219,252, which is 50.6% above the market median, making it the highest on the list of top 15 companies.
Despite the high salary package, Meta has announced a round of layoffs, including 10,000 employees, as part of their "Year of Efficiency." The restructuring plan involves closing 5,000 unfilled job ads without hiring and canceling lower-priority projects. This move may affect the morale of employees and the company's overall reputation.
On the positive side, Meta has a Glassdoor rating of 4.1, indicating that current and former employees generally have positive experiences working at the company. This high rating is a good indication that Meta is committed to providing a positive work environment for its employees, even during these uncertain times.
For more than a century IBM has been dedicated to every client's success and to creating innovations that matter for the world.
While there are insufficient data points available for the salary range of software engineers at IBM, it is known that their salaries are 6% above the market median, which is the highest among the 15 top companies on the same list.
In addition to its competitive compensation, IBM has a Glassdoor rating of 4.1 (70th percentile), indicating that employees generally have a positive experience working for the company. This is an improvement from 2021, when IBM did not make the list.
ShopBack is a rising star in the tech scene in Singapore, known for its attractive salary package for software engineers. With an annual salary ranging from $84,000 to $208,000, ShopBack offers one of the highest salary ranges in the industry. According to our recent report, ShopBack's salary is 13% above the market median.
In addition to their impressive compensation, ShopBack has been aggressively expanding into the fintech space, following their acquisition of BNPL hoolah, which has been rebranded to ShopBack PayLater. This move has helped them strengthen their position in the industry and cemented their reputation as a key player in the tech and finance sectors.
Moreover, ShopBack has a Glassdoor rating of 4, which is a testament to their commitment to providing a positive work environment for their employees.
Unlike many late-stage tech startups in Singapore that have had to resort to layoffs, ShopBack has maintained its staffing levels and continued to grow its team. With its strong financial position and innovative business model, ShopBack is a great company to work for in Singapore's tech industry.
Dell Technologies is a well-known multinational technology company with a strong presence in Singapore. According to our recent report, the annual salary for software engineers at Dell Technologies in Singapore ranges from $60,000 to $256,000, which is 11.6% above the market median.
Dell Technologies has earned a Glassdoor rating of 4.3, which places them in the top 25% percentile of companies on the platform.
However, the company recently announced job cuts globally, including in Singapore, where they did not disclose how much of the workforce would be affected.
Despite this, Dell Technologies remains a popular tech company in Singapore, with many employees reporting positive experiences and competitive salaries.
Similarly, DBS Bank is a well-known banking and financial services company in Singapore that offers a range of services to its clients.
DBS Bank offers a competitive salary package to its software engineers, ranging from $60,000 to $168,000 annually, which is higher than the industry average. In fact, DBS Bank pays its software engineers 7.3% above the market median, making it an attractive place to work for software engineers.
DBS Bank has a Glassdoor rating of 4, indicating that it is a reputable company to work for, with employees generally satisfied with their work environment and benefits.
Additionally, DBS Bank's fresh grad program DBS SEED is a popular program among fresh graduates, providing them with opportunities to learn and grow in their careers.
While DBS Bank is a well-established and respected company in Singapore, it faces competition from new players in the field, such as GXS bank. GXS bank is a new digital bank that launched in 2022 and is already one of the top 100 most searched companies. It will be exciting to see how DBS Bank's ranking might change in the future, as it continues to innovate and stay competitive in the market.
In conclusion, the tech industry in Singapore offers many job opportunities for software engineers, with various companies offering competitive salaries, job stability, and positive work cultures. Whether you are a fresh graduate or an experienced professional, it is essential to research and compare companies to find the best fit for your skills, preferences, and career goals.
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