Salary Guide for Singaporeans
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The Ultimate Salary Guide For Singaporeans

3 min read

About Singapore Salaries

The average salary in Singapore is S$67,152. This average out to be S$5,596 per month, inclusive of employer’s CPF contribution.

The latest result indicates that the Median Gross Monthly Income from work, inclusive of CPF contributions of full-time employed residents is at S$4,232. This is a nominal change of 4.3% from the year 2012 to the year 2017.

The latest result indicates 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 Takeaway:

Before we move on to a list of occupations and their monthly salary, here are how this information can be helpful to you:

  • For those looking to further their studies, the below information can help one better decide if the cost of a higher study is worth it.
  • The salary range can help one manage his expectation when he goes for his job interview.
  • Knowing some of the specific jobs in the industry and how they pay can help one work towards his dream job better.

Read also: Does it make sense to get a degree?


Salary Guide for Singaporeans

Read more: Median wage according to industries

Accounting

  • Accountancy professionals to increase by 15% to 21,000 by the year 2020
  • 60% of graduates join a Big Four accounting firm
  • 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 the year 2018 includes Senior Accountant, Finance Controller, Auditor, Treasury Analyst.
  • 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 monthly wage range for the accounting industry:
    Job PositionQualificationSalary Range
    (Per Month)
    Min.Max.

    Accounting

    Senior Accounts/ Accounts ExecutiveDegree/ DiplomaS$3,000S$5,500
    Senior AccountantDegreeS$5,000S$7,000
    AccountantDegree/ DiplomaS$2,800S$4,000
    Accounts Payable ExecutiveDegree/ DiplomaS$2,800S$4,500
    Accounts Receivable ExecutiveDegree/DiplomaS$3,500S$4,000
    Accounts Payable Officer'N'/'O' Levels and aboveS$2,300S$3,400
    Accounts Receivable Officer'N'/'O' Levels and aboveS$2,300S$3,500
    Accounts Assistant'N'/'O' Levels and aboveS$2,100S$3,000

    Finance

    Finance ControllerDegreeS$8,500S$15,000
    Finance Manager/ Assistant Finance managerDegreeS$6,000S$10,000
    Financial Analyst/ Senior Financial AnalystDegreeS$3,100S$9,900

    Internal Audit

    Audit ManagerDegreeS$6,000S$9,000
    AuditorDegreeS$3,300S$4,500

    Taxation

    Tax ManagerDegreeS$7,000S$9,000
    Tax AssociateDegreeS$3,500S$5,500

    Treasury

    Treasury AnalystDegreeS$4,500S$7,500
    Treasury AssistantDegree/DiplomaS$2,000S$4,000

Banking & 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.
  • The industry is set to increase 3,000 new jobs and 1,000 in financial technology.
  • Jobs in demand for the year 2018 includes underwriter for insurance, Finance Controller, Auditor, Treasury Analyst.
  • The monthly wage range for banking & finance industry:
    Job PositionQualificationSalary Range
    (Per Month)
    Min.Max.

    Compliance

    Head of ComplianceDegree/ MasterS$12,000S$18,000
    Senior Officer/ Officer, ComplianceDegree/ DiplomaS$3,500S$8,000
    Senior Associate/ Associate, Financial ControlsDegreeS$3,000S$10,000

    Finance

    Associate Financial AnalystDegreeS$3,000S$7,000
    Business AnalystDegreeS$3,000S$8,500

    Insurance

    UnderwriterDegreeS$5,000S$7,000

    Operations

    Bank OfficerDiplomaS$2,500S$3,500
    Banking Senior OfficerDegree/ DiplomaS$4,000S$6,000
    Senior Officer/ Officer, Loan OperationsDegree/ DiplomaS$3,500S$6,000

    Risk

    Senior Manager/ ManagerDegree/ MasterS$5,000S$13,200
    Risk ManagementDegree/ DiplomaS$3,000S$6,000
    Credit AnalystDegree/ DiplomaS$2,400S$4,500
    Credit Control OfficerDegree/ DiplomaS$2,000S$5,300

    Sales

    BancassuranceDegree/ DiplomaS$2,800S$5,000
    Client Relationship OfficerDegree/ DiplomaS$1,800S$3,800
    Financial AdvisorDegree/ DiplomaS$2,800S$4,500

    Trade Finance

    ExecutiveDiploma/ DegreeS$2,000S$4,200
    Senior Officer/ OfficerDiploma/ DegreeS$2,000S$3,500

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 alarming 10% last year, mainly driven by precision engineering area of the industry.
  • It is believed that the sector will create 2,100 jobs by the year 2020.
  • Jobs in demand for the year 2018 includes technical support engineer, product specialist for medical equipment, electrical engineers and process engineers.
  • The monthly wage range for engineering industry:
    Job PositionQualificationSalary Range
    (Per Month)
    Min.Max.

    Adminstration & Support

    Technical OfficerDiplomaS$2,4002,700
    Technical ExecutiveDegree/ DiplomaS$3,500S$5,500
    Technical Support EngineerDiplomaS$3,600S$5,000

    Healthcare &
    Medical

    Application EngineerDegree/ DiplomaS$3,500S$5,000
    Field Service EngineerDegree/ DiplomaS$3,700S$4,600
    Product SpecialistDegree/ MasterS$4,000S$6,000
    Customer Support EngineerDegree/ DiplomaS$3,000S$4,000

    Maintenance

    Maintenance Technician'N'/ 'O' Levels/ DiplomaS$2,000S$3,000
    Maintenance Engineer'N'/ 'O' Levels/ DiplomaS$4,000S$5,000

    Process

    Senior Process Engineer/ EngineerDegree/ DiplomaS$4,500S$6,500
    Chemical Process TechnicianDegree/ DiplomaS$2,100S$3,500

    Production

    Production Operator 'N'/ 'O' LevelsS$1,800S$2,100
    Production EngineerDegree/ DiplomaS$2,100S$4,000

    Construction

    Senior Project Engineer/ EngineerDegree/ DiplomaS$3,300S$6,000
    Project CoordinatorDiplomaS$2,200S$3,500
    Quantity SurveyorDegree/ DiplomaS$3,500S$6,000
    Senior Civil Engineer/ EngineerDegreeS$3,500S$8,000
    Senior Tunnel Engineer/ EngineerDegreeS$4,500S$8,500

    Real Estate/ Property Development

    Property ExecutiveDiplomaS$1,500S$3,000
    Estate ManagerDiplomaS$3,500S$8,000
    Property ManagerDiploma/ DegreeS$5,000S$8,500

    Workplace Safety

    Quality, Health and Environmental Safety ManagerDegree/ DiplomaS$5,000S$7,200

Healthcare & Life Sciences

  • Ministry of Health 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.
  • 30,000 healthcare workers will be needed in the year 2020.
  • Jobs in demand for the year 2018 include staff nurse, social worker, patient service associate and medical technologist.
  • The monthly wage range for Healthcare & Life Sciences industry:
    Job PositionQualificationSalary Range
    (Per Month)
    Min.Max.

    Healthcare &
    Life Sciences

    Senior Staff Nurse/ Staff NurseDiplomaS$2,500S$3,500
    Nurse ManagerDegreeS$5,000S$7,000
    PharmacistDegreeS$3,000S$4,500
    Laboratory Technician'N'/ 'O' LevelsS$2,000S$3,000
    Medical TechnologistDiplomaS$2,200S$3,500
    Social WorkerDegreeS$3,000S$4,500
    Dental Surgery Assistant'N'/ 'O' LevelsS$1,800S$2,200
    Research FellowDegreeS$3,000S$4,500
    RadiographerDegreeS$3,000S$4,500
    Clinic Assistant'N'/ 'O' LevelsS$1,600S$2,000
    Medical Sales RepresentativeDegree/ DiplomaS$3,000S$4,500
    Medical And Pharmaceutical Sales Degree/ DiplomaS$5,500S$8,000
    PhysiotherapistDegree/ DiplomaS$3,000S$4,000

Information Technology

  • Steady hiring outlook for the Information Technology Industry
  • Singapore to expect about 15,000 jobs to be created, mainly focusing on development, network and infrastructure, cybersecurity and data analytics.
  • Jobs in demand for the year 2018 include data analyst, application development lead, mobile application developer, payment system business analyst and infrastructure manager.
  • The monthly wage range for Information Technology industry:
    Job DescriptionQualificationSalary Range
    (Per Month)
    Min.Max.

    App Development

    Application ArchitectDegreeS$8,000S$11,000
    Application Development LeadDegreeS$5,800S$8,000
    Senior Application Developer/ DeveloperDegreeS$6,500S$12,000
    Application EngineerDegreeS$3,500S$5,700
    Web DeveloperDegreeS$3,000S$5,000
    Mobile Application DeveloperDegreeS$3,300S$4,700

    Analysis & Project

    Data AnalystDegreeS$4,800S$6,300
    Business and Technology Delivery AnalystDegreeS$3,300S$5,500
    Senior Project Executive/ Project ExecutiveDegree/ DiplomaS$3,000S$4,000

    Business Development

    Digital ManagerDegreeS$4,500S$6,500
    Product ManagerDegree/ DiplomaS$4,500S$6,000
    Senior Product Marketing Executive/ ExecutiveDegree/ DiplomaS$3,800S$5,000
    Finance IT
    Payment System Business AnalystDegreeS$5,300S$8,000
    FinTech StrategistDegreeS$7,100S$12,000
    Application DeveloperDegreeS$5,500S$8,000
    Project managerDegreeS$8,100S$12,000
    Infrastructure
    Senior Network Engineer/ EngineerDegreeS$4,300S$5,700
    Infrastructure ManagerDegreeS$6,500S$8,800
    Infrastructure ConsultantDegreeS$4,500S$6,500
    IT Security ManagerDegreeS$9,000S$12,000

    Support

    Helpdesk SupportDiplomaS$2,500S$3,900
    Customer Service ExecutiveDiplomaS$2,600S$4,000

Supply Chain & Logistics

  • 20 of the top 25 global logistics companies operate in Singapore
  • Singapore’s major Supply Chain and Logistics sectors include Aerospace, Chemicals, Electronics, Healthcare and Cold Chain Logistics.
  • Industry is expected to add 2,000 new jobs by the year 2020.
  • Jobs in demand for the year 2018 include warehouse supervisor, operations manager, supply chain manager, quality assurance inspector
  • The monthly wage range for Supply Chain & Logistics:
    Job DescriptionQualificationSalary Range
    (Per Month)
    Min.Max.

    Warehouse and Logistics

    Warehouse SupervisorDegree/ DiplomaS$3,500S$4,800
    Logistics ManagerDegreeS$5,000S$10,000
    Warehouse ManagerDegree/ DiplomaS$4,500S$5,500
    Forklift DriverN'/O' LevelsS$1,400S$2,000

    Shipping/ Operations

    Operations ManagerDegreeS$4,500S$6,000
    Shipping Coordinator'N'/ 'O' Levels/ DiplomaS$3,600S$4,700
    Documentation Coordinator'N'/ 'O' LevelsS$2,000S$3,500

    Procurement/ Purchasing

    Senior Buyer/ BuyerDegree/ DiplomaS$3,000S$5,500
    Procurement ManagerDegreeS$5,200S$5,300
    Senior Purchasing Executive/ ExecutiveDegree/ DiplomaS$2,500S$4,000
    Export ExecutiveDiplomaS$2,000S$3,500
    Senior Buyer/ BuyerDegree/DiplomaS$3,000S$5,500

    Supply Chain

    Supply Chain ExecutiveDiplomaS$2,500S$4,500
    Supply Chain Manager/ Assistant ManagerDegree/ DiplomaS$4,200S$8,000
    PlannerDegree/ DiplomaS$2,800S$4,400
    Quality Assurance InspectorDegree/ DiplomaS$1,700S$3,500

Sales & 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 the year 2018 include graphics designer, UX designer, marketing executive, market data analyst, public relations executive and copywriter
  • The monthly wage range for Sales & Marketing:
    Job DescriptionQualificationSalary Range
    (Per Month)
    Min.Max.

    Graphic and Designing

    Creative ManagerDegreeS$6,000S$8,000
    Graphics DesignerDegree/ DiplomaS$3,600S$6,000
    UX DesignerDegree/ DiplomaS$3,500S$5,000
    Web DesignerDegree/ DiplomaS$3,500S$5,000

    Events

    Events ManagerDegreeS$2,500S$4,500
    Events ExecutiveDegree/ DiplomaS$2,100S$2,600
    Conference ManagerDegreeS$6,500S$8,500

    Marketing

    Regional Marketing ManagerDegreeS$8,000S$12,000
    Regional Marketing ExecutiveDegreeS$2,500S$5,000
    Marketing AssistantDiplomaS$2,300S$2,800
    Digital Marketing SpecialistDegreeS$4,500S$6,000
    Digital Marketing ExecutiveDegreeS$2,500S$5,500
    Brand ManagerDegreeS$4,500S$6,500
    Campaign ManagerDegreeS$4,500S$6,500
    Market Data AnalystDegree/ DiplomaS$3,300S$5,500
    Market Research AssociateDegreeS$2,500S$4,500
    Quality Assurance InspectorDegree/ DiplomaS$1,700S$3,500

    Communications/ PR

    Corporate Communications ManagerDegreeS$4,500S$5,500
    Corporate Communications Senior Executive/ ExecutiveDegree/ DiplomaS$2,500S$4,500
    Public Relations Senior Executive/ ExecutiveDegree/ DiplomaS$3,000S$4,000
    CopywriterDegree/ DiplomaS$3,300S$5,000

    Sales

    Regional Sales ManagerDegreeS$6,000S$12,000
    Sales/ Business Development ExecutiveDegree/ DiplomaS$4,000S$7,000
    Account ManagerDegree/ DiplomaS$4,000S$7,000
    Sales CoordinatorN'/ 'O' levels/ DiplomaS$1,500S$3,500
    MerchandiserN'/ 'O' Levels/ DiplomaS$2,000S$2,800

Take Action now!

Thankfully when you live in Singapore, you can start looking for your next opportunity to improve yourself today. For both the salary or and the scope of work.

Here are some of the platforms which we recommend:

  • 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 jobsite in Singapore
  • Glassdoor: To read reviews from previous employees on the current job role and company

Sources: Kelly Services and Adecco

Check out our blog for more unbiased opinions on your personal finance journey.

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