Globally, hiring sustained its momentum throughout the year, as 89% of all contracts were for remote roles.
The Philippines, India and Pakistan are the top three countries in terms of the number of workers being hired in the Asia-Pacific region, said a new report.
According to Deel’s State of Global Hiring Report released on Tuesday, Australia, Singapore, and India are the top three countries in the Asia-Pacific region where organisations were hiring last year. At the same time, Australia, Hong Kong and India were the fastest-growing countries for hiring new employees in the region.
In the UAE, Indian and Pakistani nationals account for the largest number of people among all expatriate communities. There are around 3.5 million Indian nationals, 1.7 million Pakistanis and 650,000 Filipinos employed in different public and private sectors nationwide.
The Deel study revealed that software engineering, sales and products were in the highest demand roles in Asia-Pacific.
In terms of salaries, Taiwan, Thailand, and South Korea saw the biggest average salary gains across all jobs.
Deel’s State of Global Hiring Report data is based on over 260,000 contracts and 15,000-plus customers across more than 160 countries, as well as over 500,000 data points from third-party sources, including Microverse. All countries, states, and cities in the report have at least 50 worker contracts on file as of December 2022.
Globally, hiring sustained its momentum throughout the year, as 89 per cent of all contracts were for remote roles. Many companies looked abroad to optimise talent costs.
Professor Samuel Dahan, chairman of Deel Lab for Global Employment, said average starting salaries for the role in content creation, operations and fiancé increased the most in the Philippines, India and Brazil.
While compensation rates also fell worldwide for new workers for the roles of accountants, customer support agents, consultants, designers and software engineers
Due to instability in the cryptocurrencies, Deel said, workers, lost some interest in receiving payments in cryptocurrencies.
News Source: Khaleej Times