PayPal crowned best employer in Singapore in recent study
PayPal has emerged as the most highly rated employer in Singapore, according to a recent study conducted by the language learning platform Preply. The data, sourced from employee reviews on the online worker's community Glassdoor, reveal that PayPal carries an impressive average rating of 4.8 out of 5, calculated from the input of over 8,000 reviewers.
Notably, the tech sector dominated the list of the best-rated companies in Singapore, making up 80% of the top 10 and 65% of the top 20 companies. Other top-rated technology companies included software company KnowBe4, process outsourcing service iEnergizer, and IT company Everise, which all ranked highly in terms of employee satisfaction for the year 2023.
The study also shed light on the factor's employees value most. For PayPal, accolades were particularly pronounced for the company's commitment to diversity and inclusion, provision of a flexible remote working environment, great employee benefits, and provision of an optimal work-life balance.
There were, however, a few non-technology companies that fared well in the rankings. Car manufacturer Porsche and consumer goods company Henkel both made the top 10, and professional services firm Bain & Company slid into the 20th spot, with a 4.4 rating.
The extensive analysis also turned its lens on the industries offering the most lucrative salaries for foreign speakers in Singapore. Interestingly, it was found that the Trade & Construction industry offers the highest average annual salary, amounting to S$55,236. Following closely are the Creative & Design Jobs and the IT Jobs sectors, with annual salaries averaging around S$50,676 and S$45,278, respectively.
The methodology involved in the study included collecting and analysing job data from search engine Adzuna, along with Glassdoor employee satisfaction ratings. The definition of foreign language employed in the research was any language that is neither of Singapore's four official languages: English, Mandarin, Malay, or Tamil. The data produced is accurate as of the end of October 2023.
