Highest Paying Jobs in Singapore 2022: Job Roles, Industries & Highest Paying Degrees
Xue Miao●
We know that there are various factors that contribute to a good job.
Beyond passion and having a good boss, a job must be able to help us put food on the table.
Especially for those who are big on charting their financial future, the earning power from our day jobs would be one of the main building blocks of our wealth.
While I’m not the biggest fan of comparison of salaries and job positions, understanding which industries or roles could fetch higher salaries could be useful as well.
This can be in terms of knowing what skills are in demand, and which specialisations within specific industries could potentially result in a higher salary range.
In this article, we explore the highest-paying jobs in Singapore.
Note: These salary figures should not be the only factor when it comes to making career decisions. Do consider other factors such as your area of interest as well!
TL;DR: Highest Paying Jobs in Singapore: Job Positions, Industries, and Fresh Graduate Salaries
Jump to:
- Highest Paying Jobs in Singapore
- Highest Paying Jobs According to Industries
- Highest Starting Salaries According in Singapore for Fresh Graduates
- Which Degree Pays the Most in Singapore?
- How To Negotiate for a Higher Salary
Highest Paying Jobs in Singapore
The Ministry of Manpower (MOM) has wage data published for various occupations every year.
According to the latest report, these are the jobs that are fetching the highest median salaries.
| Occupation | Median Salary (Basic) | Median Salary (Gross) |
|---|---|---|
| Urologist | $19,692 | $20,000 |
| Cardiologist | $16,385 | $17,359 |
| Securities and finance broker | $16,628 | $16,986 |
| Gastroenterologist | $15,400 | $15,906 |
| Chief information officer/ Chief technology officer/ Chief security officer | $13,408 | $14,191 |
| In-house legal counsel (except judiciary, ministries and statutory boards) | $12,529 | $13,347 |
| University lecturer | $12,303 | $12,811 |
| Financial risk manager | $12,531 | $12,750 |
| Strategic planning manager | $11,882 | $12,430 |
| Chief operating officer/ General manager | $11,565 | $11,998 |
Source: Ministry of Manpower, Occupational Wages 2021
Highest Paying Jobs According to Industries
Curious about the highest-paying jobs across industries in Singapore? You can read about it here:
Highest Starting Salaries in Singapore for Fresh Graduates
Universities and polytechnics would often publish salary guides of recent graduates to gauge the median starting salaries:
Which Degree Pays the Most in Singapore?
According to the most recent salary guide, these are the degrees with the highest starting salaries.
| Degree From | |
|---|---|
| Median Starting Salary (Gross) | |
| NUS | |
| Bachelor of Computing (Computer Science) | $6,000 |
| Bachelor of Laws | $5,600 |
| Bachelor of Engineering (Computer Engineering) | $5,400 |
| Bachelor of Computing (Information Security) | $5,400 |
| NTU | |
| Double Degree in Business and Computer Engineering/Computing | $6,300 |
| Medicine | $5,500 |
| Computer Science | $4,800 |
| SMU | |
| Law (Cum Laude and above) | $5,800 |
| Information Systems (Cum Laude and above) | $5,350 |
| Economics Cum Laude and above) | $4,900 |
| SIT | |
| Bachelor of Engineering with Honours in Information & Communications Technology (Software Engineering) | $5,000 |
| Bachelor of Engineering with Honours in Information & Communications Technology (Information Security) | $4,950 |
| Bachelor of Science in Computer Science in Real-Time Interactive Simulation | $4,600 |
| SUTD | |
| Bachelor of Engineering (Computer Science and Design) | $4,800 |
| Bachelor of Engineering (Engineering Systems and Design) | $4,700 |
| Bachelor of Engineering (Engineering Product Development) | $4,000 |
| SUSS | |
| Bachelor of Science in Business Analytics | $3,800 |
| Bachelor of Social Work | $3,530 |
| Bachelor of Science in Finance | $3,500 |
How To Negotiate for a Higher Salary
Salary guides provide us with the convenience of having a rough gauge as we progress through the various stages of our careers.
That being said, one should also not be over-reliant on salary guides given its limitations as well.
This year, tech roles have overtaken traditionally higher-paying roles such as law and medicine.
However, if you’re confident of your own skills and feel that you’re being underpaid in your current job role, one way to get a higher pay is to simply ask for it.
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