Yahoo
March 22, 2022
As a global hub for innovation and tech ideally located in the Asia-Pacific, Singapore has one of the most competitive workforces in the world. Due to its solid infrastructure, strong economy, and conducive environment for both business and leisure, the city is a hotspot for talent across a variety of industries – a position that it is set to hold long into the future due to government initiatives and incentive schemes designed to promote the nation’s sustainable growth and well-being.
According to NodeFlair’s recent Tech Compensation report, the tech industry will see competition for talent heat up even more in 2022, with firms offering higher salaries and sign-on bonuses to entice workers from different sectors1. The impact of global talent shortages across manufacturing and logistics, as well as the venture capital funding boom and the ambitious plans of international tech giants such as Apple, Google, and ByteDance, are driving this trend, as demand for specialised skills in emerging technologies rise. As a result of this positive outlook, vast opportunities are being created for people to improve their earning potential.
