The Edge Singapore
February 21, 2022
According to a Feb 14 release by tech talent platform Nodeflair, tech job salaries, such as that of software engineers, are at an “all-time high”, having climbed 32% over the last 12 months. The median salary for junior software engineers stand at $4,750, while managers pull in a median of $12,000 a month.
In contrast, global professional services firm Aon estimates that the median salary in Singapore will be $4,850 in 2022. To put this into perspective, junior software engineers with two years of experience could draw almost the same pay as the Singapore median.
A clutch of familiar tech names stands out. According to Nodeflair, the likes of Grab Holdings, Shopee, Bytedance, Facebook, Amazon and Google pay up to 25% above the market median.
But rather than just look at salaries in isolation, these companies also say that the wider challenge is staff attraction and retention.
