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Singapore tech salaries may soar up to 30%

A view of a book-scanning robot used by Singapore’s National Library Board, to scan and report misplaced books, in Singapore, April 25, 2022. (Photo: Reuters)

Technology-sector salaries in Singapore are set to soar in the next couple of years amid a hiring boom particularly in finance, according to Singapore’s media.

Recruitment agencies see pay rises of 15% to 30% in the next one to two years, up from about 10% to 15%, the Straits Times (ST) reported on Tuesday. That is expected amid a hiring boom as companies work on their digital transformation, Randstad’s Clarence Quek told the ST. Startups and Chinese tech firms expanding in Singapore are also competing for tech talent, the paper said.

Quek sees salaries rising 25% to 30%…

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