According to the latest Salary Benchmark 2019 report by Michael Page, a recruiting company, in Singapore, the demand for tech-related jobs increased by 20 percent in the past twelve months.
It was noted by the report that in Singapore there is a high demand for digital marketing, specialized e-commerce, and data science talent, however, there are lack for individuals pursuing these fields, with firms in the outlook for leaders who have the capacity of driving the digital strategy while keeping in mind the technology disruptors.
The reports underscored that the in the technology sector, the most highly paid roles were inclusive of a Chief Technology officer, who is given on average a monthly salary of S22,000 dollars, followed by a head of IT security or an Information Technology director who is paid an average of S18,000 dollars.
In the mean team, an e-commerce director under the digital sector, is paid an average of S23, 000 dollars monthly, while the salary of a digital marketing director is S18,000 dollars, and an employee who deals with user experience web analytics inclusive of a search engine marketing or search engine optimization gets nearly S9,600 dollars per month.
The report stated that the evolving technology landscape and the demand for niche skills is seeing an enormous transformation. Employees switching jobs having an expectation of increase in the salary in similar industries are nearly 10 to 15 percent for digital talent and 12 to 20 percent for tech talent.
Even though the ongoing focus is the digital transformation, cybersecurity prefaces many organizations’ ability of improving operational technology. Also, there is substantial demand for digital transformation-led technical roles, as well as, for Information Technology security roles.
Report also revealed that there are 29 percent chances that any Singapore professionals would switch jobs for developing new skills.