IT salaries, job turnover up in 2000

By Staff, Singapore.CNET.com, CNET.com
Thursday, March 29, 2001 07:59 PM
SINGAPORE--Workers in IT-related jobs here saw average pay increases of up to 36 percent last year, as the Internet industry took off on the island. More employment opportunities also meant that staff turnover hit 18 percent in the first half of the year.

The findings are part of the 2000 IT Salary Survey conducted by the Nanyang Technological University's Information Management Research Center (Imarc) and the Information Technology Management Association.

Last year's increases were partly due to the rebound factor, as salaries in the industry had fallen in 1999.

The 2000 pay hike was across the board, but the percentages varied. System-development project leaders saw the smallest rises, with an average increment of 5 percent.

IT support officers got an average of 33 percent more than before, while Web masters topped the list with their gross salaries upped by an average of 36 percent. This pushed their average annual pay packet to S$60,000.

Apart from paying their staff more, companies also put more money into training, and recruited more workers from abroad. This nearly doubled the percentage of foreign workers in the industry, to 15 percent of the IT workforce, with the bulk of them--35 percent--coming from Malaysia. The second largest group of foreigners--22 percent--were from India.

Nor do the good times seem over, despite the gloom and doom in the dot-com scene.

Assistant professor Christine Koh of Imarc feels that "Web-related positions are still in high demand in the market.

"Even though the dot-com bubble may have burst," she told The Straits Times that "established brick-and-mortar companies are still increasing their Web presence."


WORTHWHILE?

0

0 votes
Blog

Talkback 0 comments

There are currently no comments for this post.


Tech Jobs Now!

Search for your ideal tech job:

Keep IMAP e-mail messages locally using OfflineIMAP

Open Source

Vincent Danen discusses the uses of OfflineIMAP for synchronizing local and remote IMAP mailboxes and providing a good method for backing up e-mail.


Read more »



Buying a projector? Try an LED TV instead

Blog thumbnail

If you're thinking of buying a new projector for your office meeting room, why not consider getting an LED TV instead. LED TVs are similar to LCD TVs except..... by Lee Lup Yuen

Read more »

Tags

  1. 3g
  2. 3g third generation
  3. apple inc.
  4. apple iphone
  5. broadband
  6. cellular phones
  7. google inc.
  8. handset
  9. internet
  10. mobile
  11. mobile platforms / communications
  12. mobile / wireless
  13. network
  14. phone
  15. revenue
  16. smart phone
  17. smart phones
  18. software
  19. u.s.
  20. web