The Asia-Pacific region lags behind regional markets in high DevOps salaries even as post-pandemic environment heats up competition for top talent, according to Puppet’s 2021 DevOps Salary Report.
For this latest report, Puppet surveyed more than 2,600 technology professionals globally.
“As APAC markets such as Singapore and Australia continue to become synonymous with innovation and transformation, organisations must digitally transform and modernise faster than ever,” said Rachel Lew, Puppet senior director in APAC.
“The survey findings show that companies must keep pace with the competitive compensation globally in order to attract and nurture DevOps talent and critical skills in great demand,” said Lew.
Also, findings suggest that pandemic-driven digital transformation efforts have directly impacted the DevOps landscape. These transformational enterprise shifts have forced companies to offer more competitive compensation and invest in top talent to ensure sustainable success.
As a result, more workers are moving into higher income levels than at any time in the past three years. Companies with high-evolution DevOps are compensating their employees at the highest level, with more managers and practitioners entering the salary group that earns more than $150,000 a year.
In APAC, only 4% of managers and practitioners combined earned more than $150,000 in 2021, compared to 6% in Europe/United Kingdom; 12% in Canada; and 35% in the United States.
However, when it comes to salaries of more than $100,000, APAC is slightly ahead (33%) of Europe/UK (24%) which is consistent with findings from 2019 and 2020.
Further, companies at a high level of DevOps evolution continue to compensate their employees at the highest level, with practitioner salaries doubling and manager salaries nearly tripling from 2020 to 2021.
The share of those earning more than $150,000 at high-evolution firms more than doubled to 20% in 2021 from 8% in 2020.
In addition, respondents working in financial services earned the highest salaries, followed by those working in healthcare and technology.
There have been substantial increases across all sectors, with financial services nearly doubling from 16% in 2020 to 29% in 2021.