Tech talent still highly sought after in S’pore, job vacancy report shows

Nearly seven in 10 of all vacancies in information and communications were new positions.- ST FILE

SINGAPORE (The/Straits Times/Asia News Network): If you are a software, web and multimedia developer, or a software and applications manager, chances are Singapore companies are going to be fighting to hire you.

Technology talent remained highly sought after in 2022, even as the global tech industry grappled with flagging growth and even big job cuts, the latest report by the Ministry of Manpower (MOM) on annual job vacancies showed.

Nearly seven in 10 of all vacancies in information and communications were new positions – the highest level across all sectors for the third year running.

This demonstrates the restructuring that has taken place in the sector and its dynamism, said MOM in its report released on Thursday (March 30).

Overall, the number of job vacancies declined for the third consecutive quarter ended December to 104,500, said MOM.

However, this level remained elevated compared with the 51,100 in December 2019 before the Covid-19 pandemic, the ministry noted.

While the total number of job vacancies rose in 2022, the proportion of vacancies unfilled for at least six months declined from 35 per cent in 2021 to 27 per cent in 2022 as border restrictions and safe management rules were lifted.

Non-PMET vacancies registered a sharper decline compared with vacancies for professional, managerial, executive and technical jobs as employers were able to hire foreign workers to backfill those vacancies.

This also resulted in the proportion of replacement vacancies climbing from 56 per cent in 2021 to 61 per cent in 2022.

But MOM noted that the number of vacancies for new positions in 2022 rose compared with 2019 as businesses continued to expand or restructure.

Going forward though, job vacancies are expected to moderate as while hiring sentiments remain positive, global economic headwinds will weigh on labour demand.

For last year, tech jobs that saw particularly robust demand included software, web and multimedia developers, which ranked second after management executives for PMET roles with the most vacancies recorded in 2022.

Other tech roles companies were keen to hire included software and applications managers, which came in sixth, and systems analysts in eighth place.

These positions typically require applicants to possess strong technical skills such as knowledge of programming

languages like Java, C++ or Python, and some experience or knowledge of the work processes involved, the report said.

Last year also saw a rise in demand for network infrastructure and support roles such as IT support technicians and IT infrastructure specialists.

There was also a stable and large pool of job openings for business development and sales positions, such as management executives, commercial and marketing sales executives, and business development managers.

“These jobs have remained in the top ten PMET vacancies since 2020. They remain crucial in supporting businesses in their venture to new growth areas,” said MOM.

The ministry also said that the number of vacancies for PMETs in 2022 was almost double that in 2019.

“For PMET roles that were difficult to fill, the main reasons cited by employers were unattractive pay, lack of specialised skills and lack of necessary work experience, particularly for positions requiring specialised, technical knowledge.”

For non-PMET positions that were difficult to fill, employers commonly indicated reasons such as a physically strenuous job nature, and a non-conducive work environment, said MOM.

It added that some sectors, such as transportation and storage and accommodation and food services continued to see a higher share of vacancies unfilled for at least six months.

“However, over the longer term, the share of non-PMET vacancies unfilled for at least six months has been on the decline.

“This reflects in part efforts to raise wages through the Progressive Wage Model and to redesign jobs. The tight labour market has also spurred employers to raise wages for some non-PMET jobs.”

MOM also found that academic qualifications were not the main determinant in hiring for 74 per cent of vacancies in 2022.

“This proportion has been on the rise, increasing from 67 per cent in 2017 to 73 per cent in 2021, largely reflecting the trend among PMET jobs,” said the ministry.

It added: “For PMET vacancies where qualifications were not the main determinant, skills and work attitude of the job applicant were the key considerations. Should candidates possess the minimum required qualifications, their skills and work attitude would take precedent.

“Hence, having relatively higher qualifications does not mean a candidate is automatically considered ahead of their counterpart with lower qualifications.”

The proportion of vacancies which involved work that can be done remotely fell from 31 per cent in 2021 to 21 per cent in 2022.

“This reflects a normalisation of remote work trends as more workplace activities resumed on-site when pandemic-related restrictions eased in 2022,” said MOM.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Singapore , jobs , survey , technology


Next In Aseanplus News

Cambodian farmers warned to prep for imminent droughts
Taiwanese star Will Liu's asking price for a 20-second video on social media is RM388,000
Cops raid online scam call centre in Kajang, 16 nabbed
Thailand cuts power to Chinese-backed casino complex in Myanmar
Vietnam businesses need to embrace green practices to export to EU
Temperatures not predicted to exceed 38�C even at height of upcoming El Nino, says Nik Nazmi
1MDB, subsidiaries get leave to continue lawsuit against Jho Low's associate
Ringgit ends higher against US dollar on rising oil prices
PDI-P considering Jokowi’s youngest son for Depok mayoral bid
Not compulsory for govt to release Double Six tragedy report, says Transport Minister

Others Also Read