Salary guide for Singaporeans
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The Ultimate Salary Guide For Singaporeans

4 min read

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 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 should help you in that quest.

Salary guide for Singaporeans


Median wage according to industries

Accounting Logo

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:
RoleMinimum
(per year)
Median
(per year)
Maximum
(per year)

Account/ Finance Management

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

Specialist/Executive/Accountant$45,000$55,000$ 80,000
Manager$80,000$95,000$130,000

Corporate Finance/ Mergers and Acquisitions

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

Accountant/Analyst$50,000$60,000$80,000
Manager$90,000$110,000$135,000

Credit

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

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

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

Specialist/Executive$60,000$70,000$90,000
Manager/Senior Manager$100,000$110,000$130,000

Risk/Compliance

Manager/Senior Manager$100,000$130,000$180,000
Director$160,000$180,000$220,000

Tax

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

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

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Banking logo

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, change 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:
RoleMinimum
(per year)
Median
(per year)
Maximum
(per year)

Compliance/ Anti-money Laundering

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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Engineering logo

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:
RoleMinimum
(per year)
Median
(per year)
Maximum
(per year)

Automation, Robotics

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

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

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

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

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

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

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

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

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

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Medical logo

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 panagers
  • The yearly wage range for the Healthcare and Life Sciences industry:
RoleMinimum
(per year)
Median
(per year)
Maximum
(per year)

Sales

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

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

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

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

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

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Technology logo

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:
RoleMinimum
(per year)
Median
(per year)
Maximum
(per year)

Technology (Financial Services)

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)

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

Web Developer75,00083,00090,000
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

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

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Logisitics logo

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:
RoleMinimum
(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

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Marketing logo

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 growing, 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:
RoleMinimum
(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

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Human resources logo

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:
RoleMinimum
(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

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legal logo

  • 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:
RoleMinimum
(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

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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.

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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:

  • 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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