forecast the IT talent and Tech recruiter job market in Singapore in 2024:
The IT talent and Tech recruiter job market in Singapore is expected to remain robust and competitive in 2024, as the demand for high skilled workers in the tech sector continues to outstrip the supply. According to a report by Korn Ferry, the tech sector in Singapore will face a talent shortage of 1.2 million workers by 2030, resulting in an annual opportunity cost of US$29.2 billion https://www.kornferry.com/insights/featured-topics/talent-recruitment/talent-acquisition-trends-2024. This means that employers and recruiters will have to adopt new strategies and tactics to attract and retain the best tech talent in the market.
Some of the key trends that will shape the IT talent and Tech recruiter job market in 2024 are:
• The rise of digital transformation and innovation. The COVID-19 pandemic has accelerated the adoption of digital technologies and solutions across various industries and sectors, such as e-commerce, fintech, healthtech, edtech, and more. This has created a surge in demand for tech professionals who can help businesses leverage these technologies and drive innovation and growth. Some of the key roles in demand in 2024 are IT project manager, data scientist, cloud engineer, cybersecurity analyst, and AI engineer https://content.mycareersfuture.gov.sg/tech-sector-hiring-salary-outlook-2023-sustained-demand-tech-talents/. These roles require advanced skills and knowledge in programming languages, data analysis, machine learning, cloud computing, and cybersecurity, among others.
• The increase in skill requirements and expectations. As the tech sector evolves and innovates, employers and recruiters will have to raise their standards and expectations for tech talent. Besides technical skills, employers and recruiters will also look for soft skills and consulting experience, such as communication, collaboration, problem-solving, creativity, and business acumen. These skills will help tech professionals to work effectively