Two-Thirds Singapore Employers Willing to Pay Premium for AI Skills, Survey Shows

MT Newswires06-09

The majority of employers in Singapore are willing to pay a higher salary for AI knowledge and expertise, as net employment outlook (NEO) weakens for the third quarter, according to a survey conducted by ManpowerGroup.

The country's NEO saw an 11-point year-over-year drop to 13%, its lowest level since the fourth quarter of 2021. Singapore's NEO falls below the global average of 26% and Asia Pacific and Middle East regional average of 28%.

Of the 599 Singapore firms surveyed, 66% showed a willingness to pay more for AI literacy.

64% companies said they would pay a salary premium for AI model application development skills, while 56% were willing to reward a traditional IT and data skillset.

Employers continue to value soft skills, with 66% willing to pay a higher salary for critical thinking, problem‑solving, communication, collaboration, and teamwork.

Leadership and social influence would also prompt a salary premium from 64% companies.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment