Singapore Economic Development Board
As the tech talent war intensifies and more companies chuck large sums of money to poach talents, it is no doubt why 65 per cent of those looking out indicated salary as the primary reason. After all, senior software engineers at the 90 percentile earn US$11,500, according to the Tech Talent Compensation 2021/2022 Report by NodeFlair and Quest Ventures.
However, not all companies are fortunate enough to be armed with a massive war chest to compete with the tech giants like Bytedance, Foodpanda and FAANG. After all, these companies pay at least 25 per cent above the market median on average.
So, how can you survive the talent war against these tech behemoths?
Besides salary, non-compensation benefits play a deciding factor when choosing which company to join.