SINGAPORE: In 2023, tech jobs in Singapore experienced a notable shift in salaries, with a majority witnessing a decline, according to a report by NodeFlair.
Following closely behind were blockchain engineers, experiencing a 5.4% salary cut, and DevOps professionals with a nearly 2% dip. Attributing the salary decline to funding trends, NodeFlair said: “While recent years saw substantial growth, tech salaries have declined overall due to Southeast Asia’s tech funding hitting a five-year low in 2023.”
Data scientists emerged as notable beneficiaries, experiencing an impressive 11.3% surge in average compensation during the year. Cybersecurity engineers, systems analysts, and quality assurance professionals also saw their salaries rise by over 8%.
Source: News Formal (newsformal.com)
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