Gamingdeputy
March 7, 2023
Beijing time on the morning of March 7th, according to reports, the global technology industry has set off a wave of layoffs in the past few months, and practitioners are having a hard time. However, a recent report showed that wages for software engineers in the Southeast Asian city-state of Singapore rose by an average of 7.6% last year. However, this increase has not kept up with the increase in rents in the country.
On Tuesday local time, Singapore-based manpower recruitment company NodeFlair and incubator startup Iterative released a report on wages in the technology industry. The report shows that in 2021, the salary of software engineers in Singapore will increase by 22% month-on-month, while the increase in 2022 will narrow significantly. However, among South and Southeast Asian countries, the salaries of software engineers in Singapore are still among the best. Developers in Singapore can earn thousands of dollars more per month than their neighbors.
In recent years, Singapore has become the Asia-Pacific headquarters of some world-renowned technology companies, such as Meta and Google in the United States. At the same time, the country has also attracted more and more start-up technology companies capable of high growth.
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The above report shows that in the technology industry in Singapore, the most desirable companies for practitioners include ByteDance, the Singapore Government Technology Agency, and Shopee, the e-commerce subsidiary of the aforementioned Internet giant Sea. Overseas companies such as Saka and Meta.
Last year, the median monthly salary for a “chief software engineer” position in Singapore was as high as $6,666, compared with $1,309 in Indonesia and $1,357 in India, the report showed.
It is reported that in terms of statistical data, the writers of the above-mentioned report mainly confirmed the wage slip data and the salary level promised in the official letter of appointment.
