HOME CAREER TIPS MARKET INFO Overall Summary Compared to the first quarter of this year, the overall appetite for tech recruitment has been slowly increasing in both Singapore and Hong Kong. However, the number of hires has been significantly lower than the levels of last year which were at a historic high for many of the recruitment firms. Spikes in

HOME CAREER TIPS MARKET INFO Overall Summary We observed factors that created headwinds for tech recruitment in both Hong Kong and Singapore but on the other hand, there were also reasons that bolstered the need for hiring in both regions as you will see outlined below: Headwinds in both Hong Kong and Singapore The recruitment bonanza we experienced in 2022

I’m a programmer, and I want to become a quant. I’m doing testing now, but I will only consider an SRE or BA/PM job next. Quite a few candidates told me they are looking to leave their current company because they want to switch lanes. How many succeeded eventually? 10% is probably an over-optimistic estimation. How come he/ she can

HOME CAREER TIPS MARKET INFO Overview of the Year 2022 An acute talent shortage in Hong Kong and Singapore during the first half of the year Hong Kong was already suffering from atalent exodus because of perceived instability in the region. This was further exacerbated by strict COVID policies which required a three-week quarantine which dissuaded foreign talent from considering

HOME CAREER TIPS MARKET INFO Overview of some of the sectors during Q3 2022 Crypto and Investment Banking Technology Hiring within technology at the crypto firms definitely slowed down during Q3 2022. This was even before talks of Singapore rolling out crypto trade curbs. The war for tech talent (especially at the senior level) has gone up a notch with

HOME CAREER TIPS MARKET INFO 1st Quarter of 2022 – An Overall Macro View The worsening COVID situation in Hong Kong continued to further stretch an already-stretched candidate talent market. This was further exacerbated by candidates continuing to leave Hong Kong (many without jobs) to relocate overseas. Although the living-with-COVID strategy that Singapore implements has meant more freedom

HOME CAREER TIPS MARKET INFO Highlights of Tech Recruitment in the year 2021 It was definitely a candidate’s market! The quarantine restrictions in Hong Kong and the strong preference for hiring PRs/Citizens in Singapore meant that only local talent was available to recruit. This has resulted in salary increases beyond expectations for skilled candidates. Architects, Full Stack Developers,

HOME CAREER TIPS MARKET INFO Executive Summary – Q3 2021: The technology market has been red hot. We have been observing candidates receiving multiple offers and eventually counter offers, as their current firms try to retain them. Branding has become more important than ever for firms to win candidates over. The crypto trading space has been very active.