The popular roles receiving the most attention from APAC recruiters are software engineer, statistician, and creative solutions specialist.
The rates of global hiring have increased by 145% or more across all regions including Asia Pacific (APAC), according to Deel's State of Global Hiring Report H1 2022.
Companies in Latin America (LATAM) lead the way in global hiring rates at 161%; with those in APAC closely behind at 159%. The rates in Europe, the Middle East and Africa (EMEA) and North America (NAM), on the other hand, are respectively at 155% and 149%.
The percentage increases have been noted over the January-June 2022 period, and HRO has reached out to Deel for more details.
"As remote and hybrid working models continue to operate as the norm in the age of the global endemic, companies are now enabled to hire outside of higher-cost countries to secure quality talent and alleviate the stresses arising from the dearth of qualified candidates," analysts explained in the report.
With that in mind, Australia (292%), Singapore (170%), and India (158%) emerged as the top three fastest growing APAC markets in terms of companies’ rate of hiring since H2 2021. Roles such as software engineer, statistician, and creative solutions specialist are receiving the most attention from hirers.
Meanwhile, the Philippines and India top the charts for countries where many remote workers are located. Such is also evident in the salaries drawn by employees, with countries such as India (158%), Philippines (104%), and Thailand (104%) witnessing the biggest average percentage in salary gains across all job titles.
Speaking of salary gains vis-à-vis job titles, report analysts discovered that those with titles such as assistant received the highest salary gains at 214%. This is followed by customer support (190%) and operations (149%).
Away from the APAC region, it is interesting to note that Brazil and Italy topped the charts for fastest-growing salary increases, particularly for support, finance, and content roles.
Employers in Singapore "remain eager" to hire international talent, with countries such as the Philippines (12%), India (12%), United States (11%), Indonesia (6%) and Canada (4%) coming in as the most popular markets to seek international talent from. And companies are mainly bringing these talents to fill roles such as virtual assistance (26%), software engineers (22%), software developers (10%), content writers (9%), as well as community managers (8%).
On the other side of the spectrum, Singapore talent is also being sought after globally. It was discovered that the USA, the United Kingdom, Canada, Israel, and Virgin Islands represent the top countries currently hiring talent from Singapore, with sales and software engineer roles being the highest paying roles offered.
Concluding the report findings, Karen Ng, Regional Head of Expansion & Market Lead for Hong Kong, Singapore, ASEAN, India, Deel said that businesses "must continue reinventing the way they communicate, operate, hire, and retain employees" by pivoting to remote and flexible working arrangements.
"This has lent organisations the much-needed agility and efficiency to tackle a myriad of pain points – from addressing the challenges of talent crunch exacerbated by border restrictions, to accommodating growing employee demands for workplace flexibility."
Deel's State of Global Hiring Report H1 2022 pulls together aggregated data from the organisation's 100,000-plus teammate contracts and 11,000-plus customers across more than 150 countries, as well as over 500,000 data points from third-party sources.
Image / Deel