An increase in global demand for Taiwan exports has boosted economy and GDP in 2017, with the national growth forecast raised to a three-year high as export figures improved. In this positive business environment, an increase in hiring activity is expected across a number of functions.
At the same time the Government’s ‘Asian Silicon Valley’ plan is expected to drive demand for talent with experience in AI and its applications, such as the Internet of Things (IoT), robotics, virtual reality and self-driving vehicles in 2018 and beyond. It is expected that businesses in Taiwan will continue to invest in R&D and production facilities in 2018 to meet rising worldwide demand for the latest high-tech semiconductors and electronic products.
We expect the hiring activities for technology talent will remain buoyant in 2018, companies are advised to continue training staff in relevant skills to establish a pipeline of candidates for their business’s strategic development.
In response to the candidate shortage, companies have been up-skilling staff, using training and job rotation opportunities to help them acquire generic capabilities to work with new technology.
“In 2018 we expect hiring managers will compete for talent with experience in artificial intelligence and its applications, such as the Internet of Things (IoT), robotics, virtual reality, self-driving vehicles and smart automation,” said John Winter, General Manager, Taiwan.
According to our Salary Survey 2018, salary increments will vary across different industries and roles within the technology sector, with jobseekers possessing in-demand skills commanding increases of 15-20% or more, premiums are expected to be paid for niche skill sets or industry-specific knowledge, and for candidates able to communicate effectively at both a business and technology level.
About the Salary Survey
Now in its nineteenth edition, the Robert Walters annual Salary Survey is the most comprehensive review of professional salaries and recruitment trends around the world.
The Greater China & South East Asia book consists of 9 countries, is free, and covers China, Hong Kong, Indonesia, Malaysia, Philippines, Singapore, Taiwan, Thailand and Vietnam. Our Salary Survey is based on the analysis of permanent, interim and contract placements made across each of our geographies and recruitment disciplines during 2017.
Download your copy of the 2018 Salary Survey
The 2018 Robert Walters Salary Survey - Greater China and South East Asia is here and you can request your free copy now. Don't miss out on the most up to date salary information and employment trends in Taiwan. The annual book contains recruitment market updates, hiring advice and salary information from across our regional markets.
For a more in-depth look at our expectations for the recruitment market in Taiwan, request your free copy of the 2018 Salary Survey today.