Singapore’s salary and job trends for 2017

The latest annual Global Salary Survey from Robert Walters has revealed  positive job market for technology specialists, digital marketers, regulatory and compliance project professionals, and skilled contractors in 2017. This demand will be driven by an increase in multinationals and startups establishing operations in Singapore.

The survey also reported that while salaries are broadly expected to remain the same across all industries for 2017, candidates with in-demand experience and skills can anticipate an average salary increment of 10% to 20% when switching jobs.

Toby Fowlston, managing director of Robert Walters Southeast Asia, commented: “Even with the global economic and political uncertainty, Singapore will experience moderate levels of recruitment in 2017.

“Due to talent shortages for specialist roles, companies need to have an efficient recruitment process and widen their options by considering high-potential candidates with transferrable skills to fill certain roles. We also anticipate a continual demand for both domestic and overseas returning Singaporean talent,” he added.

Key findings for 2017 include:

• Strong hiring activity in the technology and e-commerce field, especially for user experience and user interface designers, and cybersecurity professionals.
• As employers focus on staff retention, strong recruitment demand is anticipated for roles in talent management, leadership & development and compensation & benefits.
• Rising demand for quality sales people and digital marketing candidates across all sectors.
• In the accounting and finance market, tax, treasury and internal audit professionals will be highly sought after, leading to higher salaries for job movers.

Tables / Robert Walters Lead photo / iStock