About Singapore Salaries
The average annual salary in Singapore is S$67,152. This averages out to be S$5,596 per month, inclusive of the employer’s CPF contribution.
The latest surveys conducted by Robert Half and Michael Page (international recruitment agencies) indicates that in Singapore, the Median Gross Monthly Income from work, inclusive of CPF contributions of full-time employed residents is at S$4,437. This is a nominal change of 4.6% from 2012 to 2017.
The surveys also indicate that Singaporeans work an average of 45.1 paid hours per week, with an annual average paid overtime hours of 3.0 hours.
The top few paying industries are accounting, banking & finance, healthcare & life sciences, and information technology.
Key Takeaways When Reading A Salary Guide
Before we move on to a list of occupations and their respective monthly salaries, here’s how this information can be helpful to you:
- Looking to further your studies? The below information can help you better decide if the cost of a higher study is worth it.
- Seeking a job? The salary range will help you manage your expectation and also serves as a guide for how much you’re worth.
- Thinking of finding that dream job? Understanding some of the specific jobs in the industry and how they pay can help you in that quest.
Median wage according to industries
- Accounting
- Banking & Finance
- Engineering
- Healthcare & Life Sciences
- Information Technology
- Supply Chain & Logistics
- Sales & Marketing
- Human Resources
- Legal
Accounting
- Accountancy professionals to increase by 15% to 21,000 by the year 2020
- 60% of graduates join a Big Four accounting firm
- Deloitte
- Ernst & Young (EY)
- KPMG
- PricewaterhouseCoopers (PwC)
- The most popular accounting qualifications for finance professionals in Singapore is the Association of Chartered Certified Accountants (ACCA). This is followed by CPA and CA Singapore
- Jobs in demand for 2019 include Internal Audit Managers, Finance Director and Financial Controller
- There is an increasing number of employers hiring candidates with less experience, which increases the chance of junior manager roles for Singaporeans already in the role.
- The yearly wage range for the accounting industry:
| Role | Minimum (per year) | Median (per year) | Maximum (per year) |
|---|---|---|---|
Account/ Finance Management |
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| Accountant | $48,000 | $57,000 | $75,000 |
| Senior Accountant | $60,000 | $80,000 | $95,000 |
| Manager | $90,000 | $110,000 | $150,000 |
| Finance Controller | $ 155,000 | $200,000 | $ 280,000 |
| Finance Director/CFO | $190,000 | $ 280,000 | $450,000 |
Accounts Payable/ Receivable |
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| Specialist/Executive/Accountant | $45,000 | $55,000 | $ 80,000 |
| Manager | $80,000 | $95,000 | $130,000 |
Corporate Finance/ Mergers and Acquisitions |
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| Analyst/Senior Analyst | $70,000 | $80,000 | $100,000 |
| Manager | $90,000 | $100,000 | $135,000 |
| Director | $150,000 | $185,000 | $250,000 |
Cost Accounting |
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| Accountant/Analyst | $50,000 | $60,000 | $80,000 |
| Manager | $90,000 | $110,000 | $135,000 |
Credit |
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| Analyst/Senior Analyst | $60,000 | $70,000 | $95,000 |
| Manager/Controller | $90,000 | $105,000 | $135,000 |
| Director | $150,000 | $170,000 | $220,000 |
Financial Planning and analysis/ Business analysis |
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| Analyst | $55,000 | $70,000 | $100,000 |
| Senior Analyst/Manager | $90,000 | $115,000 | $160,000 |
| Director | $170,000 | $200,000 | $280,000 |
Internal Audit |
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| Auditor/Senior Auditor | $70,000 | $85,000 | $110,000 |
| Manager/Senior Manager | $120,000 | $150,000 | $200,000 |
| Director | $150,000 | $235,000 | $300,000 |
Payroll |
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| Specialist/Executive | $60,000 | $70,000 | $90,000 |
| Manager/Senior Manager | $100,000 | $110,000 | $130,000 |
Risk/Compliance |
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| Manager/Senior Manager | $100,000 | $130,000 | $180,000 |
| Director | $160,000 | $180,000 | $220,000 |
Tax |
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| Analyst/Senior Analyst | $65,000 | $80,000 | $110,000 |
| Manager/Senior Manager | $100,000 | $130,000 | $175,000 |
| Assistant Tax Director | $130,000 | $145,000 | $160,000 |
| Tax Director | $190,000 | $250,000 | $350,000 |
Treasury |
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| Accountant/Senior Accountant | $70,000 | $80,000 | $100,000 |
| Manager | $120,000 | $145,000 | $185,000 |
| Director | $190,000 | $230,000 | $300,000 |
| M&A Analyst | $80,000 | $90,000 | $100,000 |
| M&A Vice President | $180,000 | $200,000 | $220,000 |
| Risk Analyst | $60,000 | $63,000 | $65,000 |
| Risk Manager | $75,000 | $83,000 | $90,000 |
| Treasury Advisor | $85,000 | $93,000 | $100,000 |
| Treasury Manager | $100,000 | $115,000 | $130,000 |
Banking and Finance
- Banking & financial services industry has seen major disruption from the Financial Technology (FinTech) sector which gives it a negative outlook
- Singapore is an international fund management centre, with S$2.7 trillion worth of assets
- Changing customer behaviour, changes in regulations and macro-economic conditions are some of the main difficulties faced by this industry
- The industry is set to increase 3,000 new jobs and 1,000 in financial technology
- Jobs in demand for the year 2019 includes private bankers, VC investment professionals, and compliance
- The yearly wage range for the banking and finance industry:
| Role | Minimum (per year) | Median (per year) | Maximum (per year) |
|---|---|---|---|
Compliance/ Anti-money Laundering |
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| Analyst | $ 47,000 | $ 60,000 | $ 80,000 |
| Associate/Manager/AVP | $ 80,000 | $ 95,000 | $ 135,000 |
| VP/SVP | $ 135,000 | $ 170,000 | $ 260,000 |
| Director/ED/MD | $ 260,000 | $ 300,000 | $ 450,000 |
Credit Risk |
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| Analyst | $ 47,000 | $ 60,000 | $ 80,000 |
| Associate/Manager/AVP | $ 80,000 | $ 95,000 | $ 135,000 |
| VP/SVP | $ 135,000 | $ 170,000 | $ 260,000 |
| Director/ED/MD | $ 260,000 | $ 300,000 | $ 450,000 |
Market Risk |
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| Analyst | $ 47,000 | $ 60,000 | $ 80,000 |
| Associate/Manager/AVP | $ 80,000 | $ 95,000 | $ 135,000 |
| VP/SVP | $ 135,000 | $ 170,000 | $ 260,000 |
| Director/ED/MD | $ 255,000 | $ 300,000 | $ 450,000 |
Operational Risk |
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| Analyst | $ 54,000 | $ 60,000 | $ 80,000 |
| Associate/Manager/AVP | $ 80,000 | $ 95,000 | $ 135,000 |
| VP/SVP | $ 135,000 | $ 170,000 | $ 260,000 |
| Director/ED/MD | $ 260,000 | $ 300,000 | $ 450,000 |
Risk Management |
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| Analyst | $ 47,000 | $ 60,000 | $ 80,000 |
| Associate/Manager/AVP | $ 80,000 | $ 95,000 | $ 135,000 |
| VP/SVP | $ 135,000 | $ 170,000 | $ 260,000 |
| Director/ED/MD | $ 255,000 | $ 300,000 | $ 450,000 |
Project Management |
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| Analyst | $ 50,000 | $ 63,000 | $ 85,000 |
| Associate/Manager/AVP | $ 85,000 | $ 104,000 | $ 135,000 |
| VP/SVP | $ 135,000 | $ 167,000 | $ 220,000 |
| Director/ED/MD | $ 210,000 | $ 280,000 | $ 450,000 |
Financial Control |
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| Analyst | $ 48,000 | $ 60,000 | $ 80,000 |
| Associate/Manager/AVP | $ 72,000 | $ 98,000 | $ 140,000 |
| VP/SVP | $ 130,000 | $ 145,000 | $ 170,000 |
| Director/ED/MD | $ 175,000 | $ 250,000 | $ 400,000 |
Internal Audit |
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| Analyst | $ 54,000 | $ 60,000 | $ 80,000 |
| Associate/Manager/AVP | $ 80,000 | $ 95,000 | $ 135,000 |
| VP/SVP | $ 145,000 | $ 170,000 | $ 240,000 |
| Director/ED/MD | $ 260,000 | $ 300,000 | $ 450,000 |
Management Reporting |
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| Analyst | $ 50,000 | $ 59,000 | $ 75,000 |
| Associate/Manager/AVP | $ 75,000 | $ 92,000 | $ 120,000 |
| VP/SVP | $ 120,000 | $ 131,000 | $ 150,000 |
| Director/ED/MD | $ 150,000 | $ 230,000 | $ 400,000 |
Product Control |
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| Analyst | $ 42,000 | $ 54,000 | $ 75,000 |
| Associate/Manager/AVP | $ 73,000 | $ 91,000 | $ 120,000 |
| VP/SVP | $ 120,000 | $ 135,000 | $ 160,000 |
| Director/ED/MD | $ 160,000 | $ 220,000 | $ 400,000 |
Project Management |
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| Analyst | $ 55,000 | $ 66,000 | $ 85,000 |
| Associate/Manager/AVP | $ 80,000 | $ 95,000 | $ 120,000 |
| VP/SVP | $ 120,000 | $ 143,000 | $ 180,000 |
| Director/ED/MD | $ 180,000 | $ 250,000 | $ 400,000 |
Tax |
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| Analyst | $ 54,000 | $ 60,000 | $ 70,000 |
| Associate/Manager/AVP | $ 70,000 | $ 89,000 | $ 120,000 |
| VP/SVP | $ 120,000 | $ 143,000 | $ 180,000 |
| Director/ED/MD | $ 180,000 | $ 280,000 | $ 400,000 |
Treasury Accounting |
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| Analyst | $ 48,000 | $ 54,000 | $ 65,000 |
| Associate/Manager/AVP | $ 60,000 | $ 83,000 | $ 120,000 |
| VP/SVP | $ 120,000 | $ 144,000 | $ 185,000 |
| Director/ED/MD | $ 185,000 | $ 260,000 | $ 400,000 |
Client Services/ Marketing Support |
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| Analyst | $ 42,000 | $ 51,000 | $ 65,000 |
| Associate/Manager/AVP | $ 65,000 | $ 80,000 | $ 105,000 |
| VP/SVP | $ 105,000 | $ 126,000 | $ 160,000 |
| Director/ED/MD | $ 176,000 | $ 260,000 | $ 350,000 |
Corporate Actions |
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| Analyst | $ 40,000 | $ 48,000 | $ 62,000 |
| Associate/Manager/AVP | $ 60,000 | $ 78,000 | $ 108,000 |
| VP/SVP | $ 100,000 | $ 123,000 | $ 160,000 |
| Director/ED/MD | $ 175,000 | $ 250,000 | $ 350,000 |
Documentation Specialist |
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| Analyst | $ 38,000 | $ 46,000 | $ 60,000 |
| Associate/Manager/AVP | $ 60,000 | $ 79,000 | $ 110,000 |
| VP/SVP | $ 110,000 | $ 129,000 | $ 160,000 |
| Director/ED/MD | $ 175,000 | $ 250,000 | $ 350,000 |
Equity Settlements/ Fixed Income Settlements |
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| Analyst | $ 40,000 | $ 48,000 | $ 60,000 |
| Associate/Manager/AVP | $ 60,000 | $ 75,000 | $ 100,000 |
| VP/SVP | $ 100,000 | $ 123,000 | $ 160,000 |
| Director/ED/MD | $ 175,000 | $ 250,000 | $ 350,000 |
Fund Accounting |
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| Analyst | $ 36,000 | $ 47,000 | $ 65,000 |
| Associate/Manager /AVP | $ 62,000 | $ 80,000 | $ 110,000 |
| VP/SVP | $ 108,000 | $ 128,000 | $ 160,000 |
| Director/ED/MD | $ 175,000 | $ 250,000 | $ 350,000 |
Loans Adminstrations | #colspan# | ||
| Analyst | $ 38,000 | $ 48,000 | $ 65,000 |
| Associate/Manager/AVP | $ 60,000 | $ 79,000 | $ 110,000 |
| VP/SVP | $ 110,000 | $ 129,000 | $ 160,000 |
| Director/ED/MD | $ 160,000 | $ 220,000 | $ 350,000 |
Middle Office/Trade Support |
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| Analyst | $ 42,000 | $ 50,000 | $ 62,000 |
| Associate/Manager/AVP | $ 62,000 | $ 80,000 | $ 110,000 |
| VP/SVP | $ 105,000 | $ 128,000 | $ 165,000 |
| Director/ED/MD | $ 176,000 | $ 220,000 | $ 350,000 |
Pricing Analyst |
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| Analyst | $ 40,000 | $ 48,000 | $ 60,000 |
| Associate/Manager/AVP | $ 60,000 | $ 75,000 | $ 100,000 |
| VP/SVP | $ 100,000 | $ 124,000 | $ 165,000 |
| Director/ED/MD | $ 175,000 | $ 250,000 | $ 350,000 |
Project Management |
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| Analyst | $ 40,000 | $ 48,000 | $ 62,000 |
| Associate/Manager/AVP | $ 62,000 | $ 76,000 | $ 100,000 |
| VP/SVP | $ 105,000 | $ 122,000 | $ 150,000 |
| Director/ED/MD | $ 166,000 | $ 220,000 | $ 350,000 |
Treasury Operations |
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| Analyst | $ 40,000 | $ 48,000 | $ 63,000 |
| Associate/Manager/AVP | $ 60,000 | $ 76,000 | $ 102,000 |
| VP/SVP | $ 102,000 | $ 122,000 | $ 155,000 |
| Director/ED/MD | $ 166,000 | $ 220,000 | $ 350,000 |
Engineering
- Manufacturing is a key pillar of Singapore’s economy
- Manufacturing sector’s contribution to Singapore’s GDP has been growing steadily
- Singapore’s manufacturing grew at an encouraging 10% last year, mainly driven by the precision engineering area of the industry
- It is believed that the sector will create 2,100 jobs by the year 2020
- Automation professionals with specific skill sets are highly sought after
- Jobs in demand for 2019 include maintenance engineers, quality assurance engineers, and process engineers
- The yearly wage range for engineering industry:
| Role | Minimum (per year) | Median (per year) | Maximum (per year) |
|---|---|---|---|
Automation, Robotics |
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| Automation Engineer | $60,000 | $70,000 | $80,000 |
| Automation Manager | $100,000 | $115,000 | $130,000 |
| Controls Engineer | $70,000 | $80,000 | $90,000 |
Electronics and Electrical |
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| System Architect | $130,000 | $143,000 | $156,000 |
| Electronics / Electrical Engineer | $59,000 | $62,000 | $65,000 |
| Senior Electronics / Electrical Engineer | $78,000 | $85,000 | $91,000 |
| Electronics / Electrical Manager | $130,000 | $143,000 | $156,000 |
Engineering Design |
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| Mechanical Design Engineer | $59,000 | $62,000 | $65,000 |
| Senior Mechanical Design Engineer | $78,000 | $85,000 | $91,000 |
| Mechanical Design Manager | $130,000 | $143,000 | $156,000 |
| Product Development Engineer | $59,000 | $62,000 | $65,000 |
| Head of Product Development | $130,000 | $143,000 | $156,000 |
Facilities, Field Services and Maintenance |
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| Maintenance Engineer | $50,000 | $65,000 | $80,000 |
| Maintenance Manager | $90,000 | $105,000 | $120,000 |
| Facilities Manager | $104,000 | $117,000 | $130,000 |
| Field Service Engineer | $50,000 | $65,000 | $80,000 |
| Field Service Manager | $104,000 | $117,000 | $130,000 |
Process |
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| Process Engineer | $60,000 | $65,000 | $70,000 |
| Senior Process Engineer | $78,000 | $88,000 | $98,000 |
| Process Manager | $104,000 | $112,000 | $120,000 |
Production / Manufacturing |
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| Senior Manufacturing Engineer | $55,000 | $65,000 | $75,000 |
| Manufacturing Director | $180,000 | $203,000 | $225,000 |
| Section Manager | $91,000 | $98,000 | $104,000 |
Project Management |
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| Project Engineer | $65,000 | $72,000 | $78,000 |
| Senior Project Engineer | $80,000 | $86,000 | $91,000 |
| Assistant Project Manager | $80,000 | $90,000 | $100,000 |
| Project Manager | $104,000 | $117,000 | $130,000 |
| Senior Project Manager | $130,000 | $143,000 | $156,000 |
| Project Director | $135,000 | $158,000 | $180,000 |
Quality Assurance |
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| QA Engineer | $55,000 | $63,000 | $70,000 |
| Senior QA Engineer | $65,000 | $75,000 | $85,000 |
| QA Manager | $104,000 | $112,000 | $120,000 |
| QA Director | $130,000 | $165,000 | $200,000 |
Test/ Application |
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| Test Engineer | $65,000 | $68,000 | $70,000 |
| Senior Test Engineer | $78,000 | $81,000 | $85,000 |
| Test Architect | $104,000 | $112,000 | $120,000 |
| Application Engineer | $72,000 | $81,000 | $91,000 |
| Application Manager | $130,000 | $143,000 | $156,000 |
Healthcare and Life Sciences
- Ministry of Health is seeking to expand and improve existing polyclinics and family medicine clinics
- There are also plans to increase the number of hospitals, nursing homes, and senior care centres in order to meet the demands of an ageing population
- 30,000 healthcare workers will be needed in 2020
- There is also increased investment in headcount for sales and marketing of this industry
- Jobs in demand for 2019 include staff nurse, social worker, regulatory affairs managers and product managers
- The yearly wage range for the Healthcare and Life Sciences industry:
| Role | Minimum (per year) | Median (per year) | Maximum (per year) |
|---|---|---|---|
Sales |
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| Sales Executive | $30,000 | $33,000 | $35,000 |
| Sales / Product Specialist | $40,000 | $45,000 | $50,000 |
| Account Manager | $55,000 | $60,000 | $65,000 |
| Sales Manager | $75,000 | $83,000 | $90,000 |
| Business Development Manager | $70,000 | $80,000 | $90,000 |
| Market Development Manager | $85,000 | $93,000 | $100,000 |
| Regional Sales Manager (SEA) | $110,000 | $125,000 | $140,000 |
| Regional Sales Manager (APAC) | $160,000 | $180,000 | $200,000 |
| Sales Director (APAC) | $175,000 | $195,000 | $215,000 |
| General Manager (SEA) | $240,000 | $270,000 | $300,000 |
| General Manager (APAC) | $300,000 | $390,000 | $480,000 |
Marketing |
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| Product Executive | $55,000 | $65,000 | $75,000 |
| Product Manager | $80,000 | $95,000 | $110,000 |
| Marketing Manager | $110,000 | $125,000 | $140,000 |
| Regional Marketing Manager (SEA) | $120,000 | $140,000 | $160,000 |
| Regional Marketing Manager (APAC) | $175,000 | $200,000 | $225,000 |
| Regional Marketing Director | $240,000 | $270,000 | $300,000 |
Regulatory Affairs |
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| Regulatory Affairs Specialist | $50,000 | $55,000 | $60,000 |
| Regulatory Affairs Manager (Local) | $75,000 | $88,000 | $100,000 |
| Regional Regulatory Affairs Manager (SEA) | $110,000 | $125,000 | $140,000 |
| Regulatory Affairs Manager (APAC) | $160,000 | $180,000 | $200,000 |
| Regulatory Affairs Director (APAC) | $240,000 | $320,000 | $400,000 |
Quality Control |
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| QA / QC Executive | $33,000 | $41,000 | $50,000 |
| QA / QC Manager | $75,000 | $95,000 | $115,000 |
| QMS Manager | $80,000 | $93,000 | $105,000 |
| Quality Auditor | $95,000 | $108,000 | $120,000 |
| Senior Quality Manager | $100,000 | $113,000 | $125,000 |
| Head of Quality | $130,000 | $145,000 | $160,000 |
| Director of Quality | $175,000 | $213,000 | $250,000 |
Clinical Research |
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| Clinical Trial Assistant / Coordinator | $30,000 | $35,000 | $40,000 |
| Clinical Research Associate / Senior Associate | $40,000 | $45,000 | $50,000 |
| Clinical Trial Manager | $65,000 | $75,000 | $85,000 |
| Clinical Project Manager | $70,000 | $80,000 | $90,000 |
| Clinical Operations Manager | $100,000 | $115,000 | $130,000 |
| Head of Clinical Research | $145,000 | $160,000 | $175,000 |
| Director of Clinical Research | $180,000 | $220,000 | $260,000 |
| Chief Medical Officer | $240,000 | $275,000 | $300,000 |
| Chief Scientific Officer | $240,000 | $280,000 | $320,000 |
| Scientist | $35,000 | $45,000 | $55,000 |
| Senior Scientist | $60,000 | $68,000 | $75,000 |
| Principal Scientist | $80,000 | $85,000 | $90,000 |
| Pharmacovigilance Associate | $45,000 | $55,000 | $65,000 |
| Pharmacovigilance Manager | $70,000 | $85,000 | $100,000 |
| Pharmacovigilance Senior Manager / Associate Director | $110,000 | $135,000 | $160,000 |
| Pharmacovigilance Director | $165,000 | $195,000 | $225,000 |
Information Technology
- There is a steady hiring outlook for the Information Technology industry
- Singapore expects about 15,000 jobs to be created, mainly focusing on development, network and infrastructure, cybersecurity, and data analytics
- Jobs in demand for 2019 include data analyst, application development lead, mobile application developer, IT security
- The yearly wage range for the Information Technology industry:
| Role | Minimum (per year) | Median (per year) | Maximum (per year) |
|---|---|---|---|
Technology (Financial Services) |
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| Program Manager | $200,000 | $240,000 | $350,000 |
| Change Manager | $144,000 | $180,000 | $300,000 |
| PMO | $90,000 | $120,000 | $180,000 |
| Project Manager | $100,000 | $120,000 | $180,000 |
| Business Analyst | $72,000 | $102,000 | $150,000 |
| Solution Architect | $82,000 | $110,000 | $205,000 |
| Infrastructure Architect | $80,000 | $102,000 | $185,000 |
| Developer | $80,000 | $102,000 | $165,000 |
| Helpdesk Support | $48,000 | $72,000 | $130,000 |
| IT Auditor/IT Risk | $82,000 | $102,000 | $190,000 |
| IT Manager | $105,000 | $115,000 | $165,000 |
| IT Director | $185,000 | $205,000 | $250,000 |
| Chief Information Officer (CIO) | $240,000 | $255,000 | $350,000 |
| Network/Infrastructure Manager | $90,000 | $110,000 | $150,000 |
| Network Engineer | $72,000 | $90,000 | $145,000 |
| IT Security Analyst/Consultant | $75,000 | $100,000 | $180,000 |
| Test Analyst/Manager | $72,000 | $96,000 | $150,000 |
| Sales Manager | $125,000 | $144,000 | $200,000 |
| Account Manager | $80,000 | $110,000 | $160,000 |
Technology (Commerce and industry) |
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| Project Manager | $108,000 | $120,000 | $180,000 |
| Business Analyst | $84,000 | $96,000 | $132,000 |
| Solution Architect | $66,000 | $100,000 | $185,000 |
| Infrastructure Architect | $72,000 | $90,000 | $165,000 |
| Developer | $72,000 | $96,000 | $150,000 |
| ERP Project/Delivery Manager | $144,000 | $192,000 | $288,000 |
| Helpdesk Support | $42,000 | $65,000 | $120,000 |
| Systems Analyst | $58,000 | $66,000 | $85,000 |
| IT Audit/IT Risk | $78,000 | $90,000 | $180,000 |
| IT Manager | $96,000 | $110,000 | $150,000 |
| IT Director | $175,000 | $190,000 | $220,000 |
| Chief Information Officer (CIO) | $220,000 | $240,000 | $320,000 |
| Network/Infrastructure Manager | $85,000 | $105,000 | $140,000 |
| Network Engineer | $66,000 | $78,000 | $130,000 |
| Pre-sales/Post-sales (ERP/Software/ Cloud Infrastructure) | $77,000 | $95,000 | $132,000 |
| IT Security Analyst/Consultant | $68,000 | $90,000 | $165,000 |
| Test Analyst/Manager | $66,000 | $85,000 | $145,000 |
| Sales Manager | $110,000 | $124,000 | $154,000 |
| Account Manager | $78,000 | $92,000 | $120,000 |
Analytics | #colspan | #colspan | #colspan |
| Application Analyst | $75,000 | $80,000 | $85,000 |
| Business Analyst | $75,000 | $113,000 | $150,000 |
| Business Analyst Manager | $120,000 | $135,000 | $150,000 |
| Data Analyst | $75,000 | $83,000 | $90,000 |
| Data Analyst Manager | $90,000 | $105,000 | $120,000 |
| Data Scientist | $90,000 | $120,000 | $150,000 |
| Data Scientist Manager | $150,000 | $200,000 | $250,000 |
| Data Engineer | $90,000 | $98,000 | $105,000 |
| Senior Data Engineer | $100,000 | $110,000 | $120,000 |
| Data Specialist | $110,000 | $115,000 | $120,000 |
Development and Architect |
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| Web Developer | 75,000 | 83,000 | 90,000 |
| Senior Web Developer | $85,000 | $93,000 | $100,000 |
| Software Developer | $75,000 | $88,000 | $100,000 |
| Senior Software Developer | $90,000 | $105,000 | $120,000 |
| Software Developer Manager | $80,000 | $115,000 | $150,000 |
| Software Engineer | $75,000 | $88,000 | $100,000 |
| Senior Software Engineer | $85,000 | $93,000 | $100,000 |
| Software Engineer Manager | $90,000 | $95,000 | $100,000 |
| Software Architect | $90,000 | $120,000 | $150,000 |
| UX / UI Manager | $84,000 | $102,000 | $120,000 |
| Senior UX / UI Manager | $95,000 | $123,000 | $150,000 |
| Senior UX / UI Architect | $110,000 | $115,000 | $120,000 |
| Head of UX / UI | $125,000 | $163,000 | $200,000 |
| Application Developer | $70,000 | $80,000 | $90,000 |
| Senior Application Developer | $85,000 | $93,000 | $100,000 |
| Application Development Manager | $95,000 | $103,000 | $110,000 |
| Architect | $105,000 | $128,000 | $150,000 |
| Head of Architecture | $150,000 | $175,000 | $200,000 |
| Engineer | $85,000 | $93,000 | $100,000 |
| Senior Engineer | $180,000 | $205,000 | $230,000 |
| Developer | $90,000 | $100,000 | $110,000 |
| Enterprise Architect | $115,000 | $125,000 | $135,000 |
| Head of Enterprise Architecture | $220,000 | $235,000 | $250,000 |
General and Project Management |
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| Project Coordinator | $80,000 | $85,000 | $90,000 |
| Project Manager | $90,000 | $120,000 | $150,000 |
| Project Director | $110,000 | $115,000 | $120,000 |
| Assistant IT Manager | $60,000 | $63,000 | $65,000 |
| IT Manager | $100,000 | $110,000 | $120,000 |
| IT Director | $155,000 | $228,000 | $300,000 |
| Chief Technology Officer | $130,000 | $215,000 | $300,000 |
| Head of IT Security | $120,000 | $140,000 | $160,000 |
Network and Infrastructure |
|||
| System Analyst | $70,000 | $75,000 | $80,000 |
| Senior System Analyst | $80,000 | $85,000 | $90,000 |
| System Engineer | $80,000 | $85,000 | $90,000 |
| Senior Infrastructure Analyst | $80,000 | $90,000 | $100,000 |
| Infrastructure Specialist | $90,000 | $98,000 | $105,000 |
| Infrastructure Manager | $95,000 | $100,000 | $105,000 |
| Senior Infrastructure Manager | $100,000 | $125,000 | $150,000 |
| Infrastructure Director | $130,000 | $155,000 | $180,000 |
| Network Engineer | $75,000 | $85,000 | $95,000 |
| Senior Network Engineer | $90,000 | $98,000 | $105,000 |
Risk, Compliance and Security |
|||
| IT Security Consultant | $70,000 | $75,000 | $80,000 |
| Senior IT Security Analyst | $85,000 | $90,000 | $95,000 |
| IT Security Engineer | $80,000 | $88,000 | $95,000 |
| IT Security Architect | $100,000 | $110,000 | $120,000 |
| IT Security Executive | $90,000 | $95,000 | $100,000 |
| IT Security Manager | $145,000 | $150,000 | $155,000 |
| Head of IT Security | $180,000 | $215,000 | $250,000 |
| IT Audit Manager | $90,000 | $100,000 | $110,000 |
| Risk Manager | $120,000 | $135,000 | $150,000 |
Support and Adminstration |
|||
| Database Administrator | $75,000 | $83,000 | $90,000 |
| Senior Database Administrator | $85,000 | $88,000 | $90,000 |
| Support Analyst | $55,000 | $58,000 | $60,000 |
| Level 2 Support Manager | $85,000 | $93,000 | $100,000 |
| Service Desk Manager | $60,000 | $65,000 | $70,000 |
Systems and testing |
|||
| System Analyst | $80,000 | $88,000 | $95,000 |
| Senior System Analyst | $85,000 | $93,000 | $100,000 |
| Test Engineer | $85,000 | $90,000 | $95,000 |
| Test Developer | $80,000 | $90,000 | $100,000 |
| Test Manager | $90,000 | $100,000 | $110,000 |
Supply Chain and Logistics
- 20 of the top 25 global logistics companies operate out of Singapore
- Singapore’s major supply chain and logistics sectors include aerospace, chemicals, electronics, healthcare, and cold chain logistics.
- The industry is expected to add 2,000 new jobs by 2020.
- Jobs in demand for 2019 include warehouse supervisor, operations manager, supply chain manager, quality assurance inspector
- The monthly wage range for supply chain and logistics:
| Role | Minimum (per year) | Median (per year) | Maximum (per year) |
|---|---|---|---|
Fast Moving Consumer Goods (FMCGs) |
|||
| Procurement Manager | $80,000 | $83,000 | $85,000 |
| Head of Procurement | $110,000 | $115,000 | $120,000 |
| Logistics Executive | $45,000 | $48,000 | $50,000 |
| Logistics Assistant Manager | $60,000 | $63,000 | $65,000 |
| Senior Logistics Analyst | $65,000 | $68,000 | $70,000 |
| Logistics Director | $200,000 | $210,000 | $220,000 |
| Operations Executive | $40,000 | $45,000 | $50,000 |
| Operations Manager | $115,000 | $120,000 | $125,000 |
| Operations Director | $135,000 | $143,000 | $150,000 |
| Supply Chain Executive | $40,000 | $40,000 | $40,000 |
| Supply Chain Analyst | $55,000 | $58,000 | $60,000 |
| Supply Chain Assistant Manager | $70,000 | $75,000 | $80,000 |
| Supply Planner | $90,000 | $93,000 | $95,000 |
| Supply Chain Manager | $95,000 | $103,000 | $110,000 |
| Supply Chain Vice President | $200,000 | $210,000 | $220,000 |
| Demand Planner | $70,000 | $75,000 | $80,000 |
| Demand Planning Manager | $85,000 | $90,000 | $95,000 |
| Materials Management Specialist | $65,000 | $68,000 | $70,000 |
| Distribution Manager | $140,000 | $148,000 | $155,000 |
| Commodities Manager | $100,000 | $105,000 | $110,000 |
Fast Moving Consumer Goods (FMCG) |
|||
| Procurement Engineer | $60,000 | $63,000 | $65,000 |
| Procurement Assistant Manager | $100,000 | $108,000 | $115,000 |
| Head of Procurement | $145,000 | $158,000 | $170,000 |
| Logistics Executive | $45,000 | $48,000 | $50,000 |
| Operations Manager | $80,000 | $85,000 | $90,000 |
| Supply Chain Analyst | $60,000 | $63,000 | $65,000 |
| Supply Chain Manager | $90,000 | $95,000 | $100,000 |
| Supply Chain Director | $185,000 | $190,000 | $195,000 |
| Demand Planner | $60,000 | $63,000 | $65,000 |
| Materials Management Specialist | $60,000 | $63,000 | $65,000 |
| Senior Materials Management Manager | $120,000 | $125,000 | $130,000 |
| Order Management Manager | $95,000 | $98,000 | $100,000 |
| Commodity Manager | $135,000 | $138,000 | $140,000 |
| Project Buyer | $70,000 | $73,000 | $75,000 |
| Category Manager | $80,000 | $80,000 | $80,000 |
| Sourcing Manager | $115,000 | $123,000 | $130,000 |
Sales and Marketing
- Digital marketing is now an important component when it comes to getting your brand out – this is on top of the fact that traditional media still remains effective to a certain group of audiences and consumers
- Growth in this industry remains healthy and with tourism growth, the demand for this sector should be on the rise too
- Jobs in demand for 2019 include digital marketer, CRM managers, content managers and performance marketers in the digital space
- For the more traditional side of marketing: sales managers and brand directors are highly sought after
- The yearly wage range for sales and marketing:
| Role | Minimum (per year) | Median (per year) | Maximum (per year) |
|---|---|---|---|
Digital Marketing Agency |
|||
| Account Manager | $50,000 | $60,000 | $70,000 |
| Account Director | $70,000 | $85,000 | $100,000 |
| Business Director | $150,000 | $200,000 | $250,000 |
In-house Digital Marketer |
|||
| Digital Marketing Manager | $84,000 | $97,000 | $110,000 |
| Senior Digital Marketing Manager | $110,000 | $130,000 | $150,000 |
| Digital Marketing Director | $180,000 | $215,000 | $250,000 |
| Ecommerce Manager | $80,000 | $100,000 | $120,000 |
| Ecommerce Director | $200,000 | $275,000 | $350,000 |
| Social Media | $50,000 | $100,000 | $150,000 |
| SEO / SEM | $80,000 | $115,000 | $150,000 |
| Web Analytics | $80,000 | $115,000 | $150,000 |
| User Experience | $80,000 | $115,000 | $150,000 |
Cosumer Products and FMCG |
|||
| Key Account Manager | $85,000 | $93,000 | $100,000 |
| Sales Manager | $100,000 | $105,000 | $110,000 |
| Senior Sales Manager | $110,000 | $118,000 | $125,000 |
| Sales General Manager | $125,000 | $135,000 | $145,000 |
| Head of Sales | $130,000 | $138,000 | $145,000 |
| Sales Director | $130,000 | $138,000 | $145,000 |
| Digital Marketing Manager | $105,000 | $113,000 | $120,000 |
| Marketing Manager | $105,000 | $113,000 | $120,000 |
| Senior Marketing Manager | $170,000 | $195,000 | $220,000 |
| Communications Manager | $90,000 | $95,000 | $100,000 |
| Country Manager | $135,000 | $143,000 | $150,000 |
| Brand Manager | $70,000 | $78,000 | $85,000 |
| Brand Director | $175,000 | $188,000 | $200,000 |
| Consumer Insights Manager | $96,000 | $101,000 | $105,000 |
| Consumer Insights Lead | $150,000 | $180,000 | $210,000 |
| Business Manager | $100,000 | $108,000 | $115,000 |
Healthcare and Life Sciences |
|||
| Product Specialist | $70,000 | $73,000 | $75,000 |
| Product Manager | $135,000 | $140,000 | $145,000 |
| Sales Manager | $115,000 | $120,000 | $125,000 |
| Senior Sales Manager | $135,000 | $143,000 | $150,000 |
| Marketing Manager | $150,000 | $155,000 | $160,000 |
| Marketing Director | $270,000 | $295,000 | $320,000 |
| Brand Manager | $95,000 | $103,000 | $110,000 |
| Brand Director | $175,000 | $188,000 | $200,000 |
| Business Development Manager | $125,000 | $130,000 | $135,000 |
Manufacturing and Industrial |
|||
| Account Manager | $60,000 | $75,000 | $90,000 |
| Key Account Manager | $115,000 | $123,000 | $130,000 |
| Key Account Director | $145,000 | $160,000 | $175,000 |
| Product Manager | $70,000 | $85,000 | $100,000 |
| Business Development Manager | $170,000 | $183,000 | $195,000 |
| Business Development Director | $180,000 | $188,000 | $195,000 |
| Head of Business Development | $260,000 | $280,000 | $300,000 |
| Sales Engineer | $50,000 | $70,000 | $90,000 |
| Sales Manager | $105,000 | $113,000 | $120,000 |
| Senior Sales Manager | $175,000 | $188,000 | $200,000 |
| Sales Director | $215,000 | $233,000 | $250,000 |
| Vice President | $312,000 | $336,000 | $360,000 |
| Communications Manager | $90,000 | $93,000 | $95,000 |
| Head of Communications | $155,000 | $165,000 | $175,000 |
| Country Manager | $150,000 | $175,000 | $200,000 |
Media and Agency |
|||
| Key Account Director | $120,000 | $150,000 | $180,000 |
| Communications Manager | $96,000 | $108,000 | $120,000 |
| Head of Communications | $180,000 | $200,000 | $220,000 |
| Senior Marketing Executive | $65,000 | $81,000 | $96,000 |
| Marketing Director | $175,000 | $198,000 | $220,000 |
| Head of Marketing | $190,000 | $215,000 | $240,000 |
Professional Services |
|||
| Account Manager | $54,000 | $63,000 | $72,000 |
| Key Account Manager | $72,000 | $84,000 | $96,000 |
| Business Development Manager | $84,000 | $102,000 | $120,000 |
| Head of Business Development | $220,000 | $285,000 | $350,000 |
| Sales Manager | $84,000 | $102,000 | $120,000 |
| Senior Sales Manager | $120,000 | $132,000 | $144,000 |
| Sales Director | $150,000 | $175,000 | $200,000 |
| Head of Sales | $200,000 | $250,000 | $300,000 |
| Sales General Manager | $215,000 | $223,000 | $230,000 |
| Chief Operating Officer | $225,000 | $268,000 | $300,000 |
| Partnerships Manager | $84,000 | $90,000 | $96,000 |
| Digital Marketing Executive | $48,000 | $54,000 | $60,000 |
| Digital Marketing Manager | $91,000 | $98,000 | $105,000 |
| Digital Marketing Director | $180,000 | $203,000 | $225,000 |
| Marketing Manager | $100,000 | $125,000 | $150,000 |
| Head of Ecommerce | $250,000 | $300,000 | $350,000 |
| Communications Manager | $120,000 | $140,000 | $160,000 |
| Price & Promotions Lead | $160,000 | $190,000 | $220,000 |
| Data Analyst | $59,000 | $71,000 | $84,000 |
| Head of Analytics | $175,000 | $213,000 | $250,000 |
Telcos and Technology |
|||
| Account Manager | $60,000 | $70,000 | $80,000 |
| Senior Sales Manager | $144,000 | $160,000 | $175,000 |
| Sales Director | $200,000 | $225,000 | $250,000 |
| Senior Product Manager | $125,000 | $133,000 | $140,000 |
| General Manager | $240,000 | $270,000 | $300,000 |
| Digital Marketing Manager | $84,000 | $102,000 | $120,000 |
| Brand Director | $160,000 | $180,000 | $200,000 |
| Business Planning Manager | $85,000 | $95,000 | $104,000 |
Human Resources
- With talent shortage a big issue for some of the sectors, human resource plays an important role in talent retention as well as the seeking and acquisition of the best talent in the market
- Jobs in demand for this sector are talent acquisition-related positions, and talent development managers
- The yearly wage range for human resources:
| Role | Minimum (per year) | Median (per year) | Maximum (per year) |
|---|---|---|---|
Banking and Financial Services Industry |
|||
| HR Generalist | $100,000 | $113,000 | $125,000 |
| Senior HR Manager | $135,000 | $150,000 | $165,000 |
| HR Business Partner | $145,000 | $160,000 | $175,000 |
| HR Vice President | $175,000 | $198,000 | $220,000 |
| Head of HR | $220,000 | $260,000 | $300,000 |
| Learning & Development Assistant Vice President | $130,000 | $145,000 | $160,000 |
| Learning & Development Vice President | $170,000 | $195,000 | $220,000 |
| Talent Acquisition Director | $180,000 | $205,000 | $230,000 |
| Compensation & Benefits Manager | $120,000 | $135,000 | $150,000 |
| Head of Compensation & Benefits | $160,000 | $205,000 | $250,000 |
| Talent Management Manager | $135,000 | $158,000 | $180,000 |
| Shared Services Lead | $160,000 | $190,000 | $220,000 |
Commerce and Industry |
|||
| HR Generalist | $100,000 | $113,000 | $125,000 |
| Senior HR Manager | $125,000 | $138,000 | $150,000 |
| Assistant HR Director | $150,000 | $168,000 | $185,000 |
| Head of HR / HR Director | $195,000 | $213,000 | $230,000 |
| Chief Human Resources Officer (CHRO) | $250,000 | $275,000 | $300,000 |
| HR Business Partner | $130,000 | $145,000 | $160,000 |
| Senior HR Business Partner | $150,000 | $168,000 | $185,000 |
| Talent Acquisition Manager | $110,000 | $130,000 | $150,000 |
| Talent Acquisition Director | $200,000 | $225,000 | $250,000 |
| Talent Management Manager | $130,000 | $145,000 | $160,000 |
| Compensation & Benefits Manager | $150,000 | $175,000 | $200,000 |
| Head of Compensation & Benefits | $220,000 | $240,000 | $260,000 |
| Learning & Development Manager | $120,000 | $135,000 | $150,000 |
| Head of Learning & Devlelopment | $150,000 | $175,000 | $200,000 |
| Shared Services Lead | $160,000 | $180,000 | $200,000 |
Legal
- There is an increase in the need for Mandarin proficiency in this industry, this includes the ability to speak, read, and write in Mandarin
- Jobs in demand are legal counsels and compliance related positions
- The yearly wage range for legal:
| Role | Minimum (per year) | Average (per year) | Maximum (per year) |
|---|---|---|---|
Company Secretary |
|||
| ICSA qualified | $50,000 | $100,000 | $150,000 |
| Non-ICSA qualified | $35,000 | $78,000 | $120,000 |
Compliance Manager |
|||
| Law background | $130,000 | $190,000 | $250,000 |
| Non-law background | $100,000 | $150,000 | $200,000 |
Contracts |
|||
| Law background | $65,000 | $113,000 | $160,000 |
| Non-law background | $55,000 | $83,000 | $110,000 |
Legal Counsel (Asset Management) |
|||
| 3 - 5 years PQE | $110,000 | $140,000 | $170,000 |
| 5 - 10 years PQE | $140,000 | $195,000 | $250,000 |
| 10 - 15 years PQE | $230,000 | $285,000 | $340,000 |
| 15+ years PQE | $300,000 | $375,000 | $450,000 |
Legal Counsel (Commerce) |
|||
| 3 - 5 years PQE | $85,000 | $108,000 | $130,000 |
| 5 - 10 years PQE | $100,000 | $160,000 | $220,000 |
| 10 - 15 years PQE | $170,000 | $225,000 | $280,000 |
| 15+ years PQE | $200,000 | $300,000 | $400,000 |
Legal Counsel (Deriatives / ISDA) |
|||
| 3 - 5 years PQE | $80,000 | $110,000 | $140,000 |
| 5 - 10 years PQE | $120,000 | $160,000 | $200,000 |
| 10 - 15 years PQE | $180,000 | $230,000 | $280,000 |
| 15+ years PQE | $240,000 | $295,000 | $350,000 |
Legal Counsel (Insurance) |
|||
| 3 - 5 years PQE | $85,000 | $115,000 | $145,000 |
| 5 - 10 years PQE | $120,000 | $170,000 | $220,000 |
| 10 - 15 years PQE | $190,000 | $255,000 | $320,000 |
| 15+ years PQE | $280,000 | $350,000 | $420,000 |
Legal Counsel (Investment Banking) |
|||
| 3 - 5 years PQE | $120,000 | $150,000 | $180,000 |
| 5 - 10 years PQE | $150,000 | $225,000 | $300,000 |
| 10 - 15 years PQE | $250,000 | $305,000 | $360,000 |
| 15+ years PQE | $340,000 | $420,000 | $500,000 |
Private Practice(International Firm) |
|||
| 3 - 5 years PQE | $145,000 | $193,000 | $240,000 |
| 5 - 10 years PQE | $220,000 | $295,000 | $370,000 |
| 10 - 15 years PQE | $300,000 | $375,000 | $450,000 |
| 15+ years PQE | $400,000 | $500,000 | $600,000 |
Private Practice(Local Firm) |
|||
| 3 - 5 years PQE | $70,000 | $110,000 | $150,000 |
| 5 - 10 years PQE | $90,000 | $145,000 | $200,000 |
| 10 - 15 years PQE | $190,000 | $205,000 | $220,000 |
| 15+ years PQE | $200,000 | $235,000 | $270,000 |
The Cons of Salary Guides
While salary guides are a good gauge for one’s income as he or she progresses through the various stages of their career, here are some limitations of salary guides.
Depending on the recruitment firm that compiles the guide, most of these salary guides can be skewered towards experienced hires. Therefore, fresh graduates should take the guides with a pinch of salt.
On top of that, candidates have a tendency of overstating their take-home salary in the hopes of getting a higher salary for their next job. So again, fresh graduates should take the average amount as a loose guide.
Ultimately, choosing a job you love and having the best personal finance habits is the key to a happier life.
Salary itself is a very subjective topic that differs for various individuals.
Take Action now!
Thankfully when you live in Singapore, you can start looking for your next opportunity to improve yourself today. For both salary or even the scope of your work.
Here are some of the platforms which Seedly recommends:
- Seedly Community on career: Let more experienced community members guide you on your career path
- SkillsFuture: Use the $500 credit that the government has credited to your account (beyond age 25)
- TechInAsia Jobs: A new and effective platform to find jobs in tech (IT, design, marketing, finance, related)
- Glints Jobs: A career discovery and development platform to help you up-skill
- Startup Jobs Asia: A slightly more mature platform to find jobs in tech (new companies)
- JobStreet: The No 1 job site in Singapore
- Glassdoor: To read reviews from previous employees on the current job role and company
Sources: RobertHalf and MichaelPage
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About Ming Feng
A stint in Bloomberg gifted me with a beer belly, which only grew larger when I moved on to become a Professional Trader. Now I turn caffeine into digestible finance-related content.
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