High demand for tech, banking roles in 2023; tech talent may earn 20% more when switching jobs

Salaries are expected to increase by 20 per cent for tech talent moving between jobs in 2023. PHOTO: ST FILE
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SINGAPORE - Despite a torrid 2022 for technology firms, demand for tech-related roles in the wider economy remained robust, with employers willing to offer attractive salaries to draw talent.

The trend is set to continue into 2023 as several industries such as banking and engineering are expected to tap growth opportunities despite recession worries, according to recent surveys.

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