Even Pre-COVID, finding tech talent in Singapore has long been a challenge. With an increasing number of tech giants establishing a base in Singapore, and with the pandemic prompting a digital shift, demand for tech talent has intensified.
This trend looks set to continue well into 2022 and beyond. In a Robert Walters Salary Survey 2022, 85 percent of firms are giving pay rises in the tech and transformation industry this year.
Tech Talent Market
While the rising costs of hiring IT talent may be inevitable, there are ways companies can cushion the blow.
Tech partner solution
A tech partner can be a great alternative to adding an additional internal tech resource. If a tech partner is your solution a little preparation can really pay off.
This is paramount - Define your business objectives and get alignment from internal stakeholders right from the initial phases of the project or campaign planning. This could prevent internal miscommunication, hence avoiding unnecessary requirement changes and scope creep. This is especially effective when clients could gather cross team feedback, finalise requirements before sharing with their tech partner. Having a single point of contact on both ends also reduces the back and forth.
When requirements are confirmed, only to be revised in the midst of development, it takes everyone back a few steps in the development process and impacts the timeline and budget.
That said, when requirement changes are necessary, let your tech partner know as soon as possible. A reliable partner will understand the rationale and work with you on the best way to work around the changes with minimal impact on time and costs.
Results are the end goal
Ultimately, when looking for tech talent, cost is only part of the equation. Consider too, security and reliability, and look for a solid fit with your company and team’s culture. In the end substantial, needle-moving results are the end goal. Selecting a proven tech partner can be a win-win. You gain the highly specialized talent you need to ensure the success of your project without a hit to your payroll budget.
More than 1,000 retail real estate clients around the world trust Placewise to deliver technology solutions that meet their goals.
Keen to explore how we can help you meet yours? Let’s talk.