The hiring landscape in Singapore is shifting as companies adopt a more cautious approach amid ongoing global uncertainties. With a focus on essential roles aimed at maintaining productivity and controlling costs, organizations are prioritizing immediate contributions over traditional qualifications.
In this context, PERSOL has introduced its 2025/2026 Singapore Salary Guide, reflecting the changing dynamics of the job market. As businesses prepare their budgets for 2026, there is a heightened scrutiny of talent, particularly in sectors like technology, healthcare, and engineering. Skills such as adaptability and proven expertise are now valued more than formal educational credentials.
The IT industry is witnessing significant changes, with an expected 89% increase in the adoption of large language models over the next three years. Additionally, interest in artificial intelligence courses surged by 240% in 2024, indicating a strong demand for professionals skilled in this area. Currently, those with robust AI competencies can command salaries up to 56% higher than their peers.