Despite the economic slowdown and hiring freezes in big tech companies, the starting salaries for those within the data security industry in Singapore remain high.
According to recruitment technology firm GRIT, a junior SAP security consultant can expect to receive a monthly starting pay of $6,000. Meanwhile, a senior penetration and vulnerability tester role starts at $6,500, and a chief information security officer’s starting salary is $8,500.
GRIT’s Singapore Salary Report 2022/2023 also reveals the top five tech skills that employers in Singapore are looking for. They include cybersecurity (57%), data analysis (57%), AI/Machine Learning (52%), digital marketing (43%), and agile/scrum (43%).
This is in line with the technologies most local employers are adopting, namely big data analytics (49%), IoT and connected devices (36%), e-commerce and digital trade (35%), AI (33%), and cloud computing (31%).
“With more companies adopting the latest technology such as AI and machine learning to strengthen their digital infrastructure, the need for a strong digital talent pool and development is now especially crucial,” says Paul Endacott, CEO and Founder of GRIT.
He continues: “Evidently, our report has shown that the top 3 job roles employers are looking to fill are all tech-related. With GRIT solutions, we leverage technology to effectively facilitate tech-talent search by automating talent suggestions to the relevant requirements set by companies. This, in turn, reduces the hiring timeframe by two-thirds in this tech-talent crunch era.”