Singapore’s top 10 IT jobs set for the biggest salary gains in
2017
2017
2017 Robert Half Salary Guide
· Starting salaries for Singapore’s IT professionals are
set to grow by an average of 3.2% in 2017.
set to grow by an average of 3.2% in 2017.
· Security Analysts, IT Risk professionals and
Infrastructure Architects are set to receive the highest salary gains in 2017.
Infrastructure Architects are set to receive the highest salary gains in 2017.
· 51% of technology professionals in Singapore think
they are not being paid a fair salary in relation to their role and job duties
with 47% saying their pay is not in proportion with their
workload/responsibilities.
they are not being paid a fair salary in relation to their role and job duties
with 47% saying their pay is not in proportion with their
workload/responsibilities.
· 92% say they are willing to accept a job offer with a
higher salary if they felt they were not being paid a fair salary with their
current employer, yet 70% are less inclined to look for a new job after they
receive a pay rise.
higher salary if they felt they were not being paid a fair salary with their
current employer, yet 70% are less inclined to look for a new job after they
receive a pay rise.
Singapore, 19 April 2017 – Demand for highly-skilled IT
professionals is heating up in Singapore, with salaries for specialised IT
security professionals set to grow well above the national average. The 2017 Robert Half Salary Guide has identified the technology roles
that can expect the highest pay gains in terms of starting salaries in 2017.
professionals is heating up in Singapore, with salaries for specialised IT
security professionals set to grow well above the national average. The 2017 Robert Half Salary Guide has identified the technology roles
that can expect the highest pay gains in terms of starting salaries in 2017.
According to the Robert Half Salary
Guide, IT professionals can expect an average starting salary gain of 3.2% in
2017, which is above the national salary growth of 2.7%1 as identified by the Ministry of
Manpower, suggesting companies are willing to pay competitively for top IT
talent.
Guide, IT professionals can expect an average starting salary gain of 3.2% in
2017, which is above the national salary growth of 2.7%1 as identified by the Ministry of
Manpower, suggesting companies are willing to pay competitively for top IT
talent.
With pay being a significant motivator
in Singapore, about half (51%) of Singapore’s IT workforce believe they are not
being paid a fair salary considering their job responsibilities, with just
under half (47%) saying their pay is not in proportion with their daily
workload. As technology is now a major business focus, workloads have
increased, highlighting the need for companies to continuously review their
staff’s remuneration packages to ensure high workloads are offset by a
competitive salary.
in Singapore, about half (51%) of Singapore’s IT workforce believe they are not
being paid a fair salary considering their job responsibilities, with just
under half (47%) saying their pay is not in proportion with their daily
workload. As technology is now a major business focus, workloads have
increased, highlighting the need for companies to continuously review their
staff’s remuneration packages to ensure high workloads are offset by a
competitive salary.
Compounding the need to pay
competitively, independent Robert Half research indicates 92% of IT
professionals say they are willing to accept a job offer with a higher salary
if they felt they were not being paid a fair salary with their current
employer, yet 70% are less inclined to look for a new job after they receive a
pay rise. Pay and salary increases remain a primary motivator for Singapore’s
workforce, also indicating IT professionals are more loyal to their company
after a pay review.
competitively, independent Robert Half research indicates 92% of IT
professionals say they are willing to accept a job offer with a higher salary
if they felt they were not being paid a fair salary with their current
employer, yet 70% are less inclined to look for a new job after they receive a
pay rise. Pay and salary increases remain a primary motivator for Singapore’s
workforce, also indicating IT professionals are more loyal to their company
after a pay review.
Matthieu
Imbert-Bouchard, Managing Director at Robert Half Singapore said: “Companies
are increasingly implementing new and innovative technologies and demand for
skilled IT professionals continues to rise, resulting in upward momentum on
starting salaries for professionals in this sector. In a candidate-short
market, Singaporean businesses are prepared to pay competitively to secure the
best IT talent.”
Imbert-Bouchard, Managing Director at Robert Half Singapore said: “Companies
are increasingly implementing new and innovative technologies and demand for
skilled IT professionals continues to rise, resulting in upward momentum on
starting salaries for professionals in this sector. In a candidate-short
market, Singaporean businesses are prepared to pay competitively to secure the
best IT talent.”
“With the growing
risk of cyber-attacks, many businesses take a pre-emptive approach to
cyber-security by either creating their own in-house team of IT security
specialists or relying on security consultants. Companies realise they are
competing for a limited pool of top candidates, leaving highly skilled and
experienced Security Analysts, Security Consultants and IT Risk professionals
across industries in a good position to negotiate above-average salary gains in
2017.”
risk of cyber-attacks, many businesses take a pre-emptive approach to
cyber-security by either creating their own in-house team of IT security
specialists or relying on security consultants. Companies realise they are
competing for a limited pool of top candidates, leaving highly skilled and
experienced Security Analysts, Security Consultants and IT Risk professionals
across industries in a good position to negotiate above-average salary gains in
2017.”
“Singaporean
companies are currently in the race for digitisation and those that are
quickest to adapt and at the cutting edge of innovation will be able to gain
the strongest market share. Because of this digital acceleration, the shortage
of skilled IT professionals who are able to manage complex IT systems, data and
analytics projects is becoming more apparent.”
companies are currently in the race for digitisation and those that are
quickest to adapt and at the cutting edge of innovation will be able to gain
the strongest market share. Because of this digital acceleration, the shortage
of skilled IT professionals who are able to manage complex IT systems, data and
analytics projects is becoming more apparent.”
What are the top
technology jobs with the highest salary gains?
technology jobs with the highest salary gains?
Protecting the integrity of both IT
systems, networks and data has become a top priority of many Singaporean companies,
and Security Analysts and IT risk professionals play a key role here, which is
why they can expect above-average salary gains for the year ahead.
Additionally, Big Data Specialists who are able to go above and beyond to
support their organisation’s enterprise infrastructure are currently in high
demand yet challenging to find. Highly skilled Infrastructure Architects who
possess strong leadership and communication skills to effectively lead a team
and communicate complex IT terms, can also expect substantial salary growth in
2017.
systems, networks and data has become a top priority of many Singaporean companies,
and Security Analysts and IT risk professionals play a key role here, which is
why they can expect above-average salary gains for the year ahead.
Additionally, Big Data Specialists who are able to go above and beyond to
support their organisation’s enterprise infrastructure are currently in high
demand yet challenging to find. Highly skilled Infrastructure Architects who
possess strong leadership and communication skills to effectively lead a team
and communicate complex IT terms, can also expect substantial salary growth in
2017.
“The best way for IT
professionals to increase their pay is to specialise their skillsets and become
highly valuable to their organisation in an ‘add-value’ role. The most
sought-after IT professionals, who are able to negotiate well above the
industry average, are those who are familiar with new security software and hardware, experienced in Big Data analytics, and
have been involved in a digitisation project,” Matthieu Imbert-Bouchard concluded.
professionals to increase their pay is to specialise their skillsets and become
highly valuable to their organisation in an ‘add-value’ role. The most
sought-after IT professionals, who are able to negotiate well above the
industry average, are those who are familiar with new security software and hardware, experienced in Big Data analytics, and
have been involved in a digitisation project,” Matthieu Imbert-Bouchard concluded.
|
Job
title |
Industry
|
Years
of experience2 |
2017
min3 |
2017
max |
YoY
growth4 |
1.
|
Security
Analyst/Consultant |
Commerce
and Industry |
4-7
years’ experience |
$80,000
|
$110,000
|
+ 18.8%
|
2.
|
Security
Analyst/Consultant |
Commerce
and Industry |
>10
years’ experience |
$115,000
|
$155,000
|
+ 14.9%
|
3.
|
Security
Analyst/Consultant |
Financial
Services |
>10
years’ experience |
$130,000
|
$180,000
|
+ 14.8%
|
4.
|
Security
Analyst/Consultant |
Financial
Services |
4-7
years’ experience |
$100,000
|
$130,000
|
+ 12.2%
|
5.
|
IT
Audit/IT Risk |
Commerce
and industry |
4-7
years’ experience |
$70,000
|
$90,000
|
+ 10.3%
|
6.
|
Infrastructure
Architect |
Commerce
and industry |
>10
years’ experience |
$120,000
|
$150,000
|
+ 10.2%
|
7.
|
IT
Audit/IT Risk |
Financial
Services |
4-7
years’ experience |
$100,000
|
$130,000
|
+ 9.5%
|
8.
|
IT
Audit/IT Risk |
Commerce
and industry |
7-10
years’ experience |
$100,000
|
$130,000
|
+ 9.5%
|
9.
|
Security
Analyst/Consultant |
Commerce
and industry |
7-10
years’ experience |
$100,000
|
$130,000
|
+ 9.5%
|
10.
|
Security
Analyst/Consultant |
Financial
Services |
7-10
years’ experience |
$110,000
|
$135,000
|
+ 8.9%
|
Source: 2017 Robert
Half Salary Guide
Half Salary Guide
##
[2] Years of
experience in IT/technology.
experience in IT/technology.
[3] Salaries refers
to starting salaries. Salary figures provided vary according to level of
experience, size of the company, sector, employee skills and the organisation
itself.
to starting salaries. Salary figures provided vary according to level of
experience, size of the company, sector, employee skills and the organisation
itself.
[4] Salary difference
between 2016 and 2017.
between 2016 and 2017.
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