Remote hiring has enabled companies to secure quality talent and alleviate the stresses arising from the dearth of qualified candidates as remote and hybrid working models continue to operate as the norm in the age of the global endemic, said Deel, a payroll and compliance provider recently when releasing its State of Global Hiring Report H1 2022.
This shift has also helped prospective employees to find better opportunities, with salaries on the rise in many developing economies, the firm noted.
Countries like India, Brazil, and Italy topped the remote hiring list with fastest-growing salary increases, particularly for support, finance, and content roles, Deel observed.
In Asia Pacific, Australia (292%), Singapore (170%), and India (158%) emerged as the top three fastest-growing countries by the organisations’ rate of hiring since H2 2021 — with Philippines, India, and Pakistan topping the list of countries where remote workers are located, Deel pointed out.
The high demand for APAC talent is also echoed in the salaries drawn by employees, with countries such as India (158%), Philippines (104%), and Thailand (104%) seeing the biggest average percentage in salary gains across all job titles, the firm added.
The firm's report also reveals the following major findings for Singapore.
- In Singapore, companies remain eager in terms of remote hiring, with countries such as the Philippines (12%), India (12%), United States (11%), Indonesia (6%) and Canada (4%) coming in as the most popular countries from which to seek international talent.
- Top roles that Singapore companies are hiring includes virtual assistance (26%), software engineers (22%), software developers (10%), content writers (9%) and community managers (8%).
- Singapore talent is also highly sought after globally. The USA, the UK, Canada, Israel and Virgin Islands represent the top countries currently hiring Singapore talent, with sales and software engineer roles being the highest paying roles offered.
Businesses must continue reinventing the way they communicate, operate, hire, and retain employees by pivoting to remote and flexible working arrangements, said Karen Ng, Regional Head of Expansion & Market Lead Hong Kong, Singapore, ASEAN, India.
“This has lent organisations the much-needed agility and efficiency to tackle a myriad of pain points — from addressing the challenges of talent crunch exacerbated by border restrictions, to accommodating growing employee demands for workplace flexibility,” she noted.