The Business Times (ASEAN Business)
July 3, 2022
In China, tech giants' financial clout, generous remuneration, and vast hiring scale have made them leaders in the competition for talent, earning them the nickname "Big Factories".
According to data from tech talent platform NodeFlair, remuneration packages offered by Chinese tech companies in Singapore are above the industry average.
For example, the industry-wide average salary for a newly graduated junior software engineer is S$3,000, but Tencent is offering S$6,800. At TikTok, where even interns receive S$4,800, the starting salary is S$6,596.
For senior software engineers, salaries start at S$7,000 in Lazada and S$10,000 in TikTok, while the industry average is only S$5,250.