Working for a salary in tech has been somewhat of a wild ride in APAC in recent years.
First, there were the boom times leading into the year 2022, when the widespread pursuit of digitisation initiatives following the peak of the global pandemic combined with pervasive talent shortages put tech talent in the driver’s seat. Salaries rose, often at very high rates.
Then, economic headwinds hit the global tech market. This caused an about-face in fortunes in the region, as hiring freezes and layoffs were seen throughout 2022 and…