You’ve probably heard of dishwashers earning $3,500 a month or a delivery rider earning up to $5,000 or $6,000 a month in the news.
With salaries seemingly increasing and things like our favourite chicken rice increasing in costs,
You may start to wonder,
Am I paid enough?
While our dream jobs are probably ones that match our passions, challenge us to grow, and give us opportunities for individual growth and constant learning,
A good job must be able to put food on the table too, especially with inflation and rising costs of living.
TL;DR: What is the Average Salary in Singapore?
As of the first quarter of 2023, the average salary in Singapore is $7,021 per month, inclusive of the employer’s CPF contribution.
On average, candidates who are job-hopping can expect a salary increment of 10% to 15%.
In Singapore, the Median Gross Monthly Income from work, inclusive of CPF contributions of full-time employed residents is $5,070 (based on the year 2022). This is a nominal annualised change of 3.8% per annum, from the year 2012 to 2022.
Your gross monthly salary, or gross monthly income, refers to your monthly wage or salary before the deduction of employee CPF contributions and personal income tax.
Your gross income includes allowances that you’re entitled to under a contract of service such as
- Basic wages
- Overtime pay
- Commissions
- Tips
- Other allowances
- 13th-month bonus
In exchange, Singaporeans are also working an average of 44 paid hours per week to earn this keep.
Singapore’s Average Salaries According to Industries
Jump to:
- Finance and Accounting
- Financial Services
- Information and Technology
- Healthcare and Life Sciences
- Sales and Marketing
- Human Resources, Business, and Office Support
- Sourcing, Supply Chain and Manufacturing
Sources: RobertHalf and Links International
Salaries of Positions in the Finance and Accounting Sector
- Some of the in-demand qualifications for the finance and accounting sector in Singapore are CA/CPA/ACCA, CFA, or MBA.
- With companies and organisations going through digital transformation, some in-demand tech skills include the knowledge of AI and BI tools such as Tableau, SQL, Power BI, Oracle BI, ACL, and Qlik Sense.
- Fintech will also continue to grow in Singapore with tech giants such as Alibaba and Tencent setting up their regional hubs locally.
| Role | Annual Base Salary | ||
|---|---|---|---|
| 25th percentile | 50th percentile | 75th percentile | |
| Accounting/Finance Management | |||
| Finance Management Accountant | $53,000 | $63,000 | $69,000 |
| Senior Accountant | $73,000 | $84,000 | $94,000 |
| Accounting/Finance Manager | $95,000 | $116,000 | $126,000 |
| Finance Controller | $158,000 | $168,000 | $178,000 |
| Finance Director | $210,000 | $231,000 | $252,000 |
| Accounts Payable/ Receivable | |||
| Specialist/ Executive | $39,000 | $44,000 | $51,000 |
| Accountant | $58,000 | $63,000 | $69,000 |
| Manager | $84,000 | $100,000 | $120,000 |
| Corporate Finance/ Mergers and Acquisitions | |||
| Analyst/ Senior Analyst | $74,000 | $89,000 | $94,000 |
| Manager | $126,000 | $137,000 | $147,000 |
| Director | $168,000 | $194,000 | $237,000 |
| Cost Accounting | |||
| Accountant/ Analyst | $53,000 | $63,000 | $79,000 |
| Manager | $94,000 | $115,000 | $132,000 |
| Credit | |||
| Analyst/ Senior Analyst | $63,000 | $73,000 | $84,000 |
| Controller | $94,000 | $110,000 | $120,000 |
| Manager | $125,000 | $142,000 | $157,000 |
| Financial Planning and Analysis/ Business Analyst | |||
| Analyst | $68,000 | $73,000 | $78,000 |
| Senior Analyst | $94,000 | $99,000 | $104,000 |
| Manager | $125,000 | $147,000 | $168,000 |
| Director | $231,000 | $252,000 | $272,000 |
| Internal Audit | |||
| Auditor/ Senior Auditor | $75,000 | $94,000 | $104,000 |
| Manager/ Senior Manager | $125,000 | $157,000 | $188,000 |
| Director | $209,000 | $252,000 | $272,000 |
| Risk/ Compliance | |||
| Manager/ Senior Manager | $115,000 | $137,000 | $168,000 |
| Director | $188,000 | $209,000 | $231,000 |
| Tax | |||
| Analyst/ Senior Analyst | $78,000 | $94,000 | $104,000 |
| Manager/ Senior Manager | $125,000 | $137,000 | $168,000 |
| Tax Director | $209,000 | $262,000 | $336,000 |
| Treasury | |||
| Accountant/ Analyst | $73,000 | $84,000 | $94,000 |
| Manager | $125,000 | $157,000 | $178,000 |
| Director | $209,000 | $241,000 | $283,000 |
Salaries of Positions in the Financial Services Sector
- The rise of digital banking has ensured a constant demand for various skill sets in the financial services sector.
- Qualifications such as CA, CMFAS, CAMS, and CAIA are valuable in this sector.
| Role | Annual Base Salary | ||
|---|---|---|---|
| 25th percentile | 50th percentile | 75th percentile | |
| Risk & Compliance | |||
| Regulatory Compliance/Financial Crime Compliance - Analyst/Associate | $62,000 | $74,000 | $87,000 |
| Regulatory Compliance/Financial Crime Compliance - Manager /AVP | $87,000 | $105,000 | $132,000 |
| Regulatory Compliance/Financial Crime Compliance - VP/SVP | $149,000 | $186,000 | $249,000 |
| Regulatory Compliance/Financial Crime Compliance - Director/ED/MD | $311,000 | $373,000 | $415,000 |
| Credit Risk Analyst/Associate | $62,000 | $67,000 | $83,000 |
| Credit Risk Manager/ AVP | $83,000 | $114,000 | $129,000 |
| Credit Risk VP/SVP | $150,000 | $186,000 | $228,000 |
| Credit Risk Director/ED/MD | $259,000 | $311,000 | $363,000 |
| Market Risk Analyst/Associate | $51,000 | $62,000 | $77,000 |
| Market Risk Manager/ AVP | $83,000 | $103,000 | $119,000 |
| Market Risk VP/SVP | $140,000 | $176,000 | $207,000 |
| Market Risk Director/ED/MD | $238,000 | $311,000 | $363,000 |
| Operational Risk Analyst/Associate | $62,000 | $72,000 | $83,000 |
| Operational Risk Manager/AVP | $88,000 | $108,000 | $124,000 |
| Operational Risk VP/SVP | $149,000 | $186,000 | $249,000 |
| Operational Risk Director/ED/MD | $311,000 | $373,000 | $415,000 |
| Finance & Accounting/Control | |||
| Financial Control Analyst/Associate | $57,000 | $67,000 | $80,000 |
| Financial Control Manager/AVP | $83,000 | $99,000 | $124,000 |
| Financial Control VP/SVP | $150,000 | $186,000 | $228,000 |
| Financial Control Director/ED/MD | $259,000 | $311,000 | $363,000 |
| Fund Accounting Analyst/Associate | $62,000 | $74,000 | $83,000 |
| Fund Accounting Manager/AVP | $99,000 | $124,000 | $137,000 |
| Fund Accounting VP/SVP | $150,000 | $186,000 | $228,000 |
| Fund Accounting Director/ED/MD | $259,000 | $311,000 | $363,000 |
| Internal Audit Analyst/ Associate | $62,000 | $67,000 | $83,000 |
| Internal Audit Manager/ AVP | $83,000 | $114,000 | $129,000 |
| Internal Audit VP/SVP | $150,000 | $186,000 | $229,000 |
| Internal Audit Director/ED/MD | $259,000 | $311,000 | $363,000 |
| Fund Finance Analyst/Associate | $75,000 | $89,000 | $104,000 |
| Fund Finance Manager/AVP | $125,000 | $143,000 | $162,000 |
| Fund Finance VP/SVP | $187,000 | $250,000 | $312,000 |
| Product Control Analyst/Associate | $62,000 | $68,000 | $74,000 |
| Product Control Manager/AVP | $83,000 | $105,000 | $124,000 |
| Product Control VP/SVP | $150,000 | $166,000 | $207,000 |
| Regulatory Reporting Analyst/Associate | $62,000 | $68,000 | $74,000 |
| Regulatory Reporting Manager/AVP | $83,000 | $105,000 | $124,000 |
| Regulatory Reporting VP/SVP | $150,000 | $166,000 | $207,000 |
| Tax Analyst/Associate | $62,000 | $74,000 | $83,000 |
| Tax Manager/AVP | $99,000 | $124,000 | $137,000 |
| Tax VP/SVP | $150,000 | $186,000 | $228,000 |
| Tax Director/ED/MD | $259,000 | $311,000 | $363,000 |
| Treasury Analyst/Associate | $62,000 | $74,000 | $83,000 |
| Treasury Manager/AVP | $99,000 | $124,000 | $137,000 |
| Treasury VP/SVP | $150,000 | $186,000 | $228,000 |
| Treasury Director/ED/MD | $259,000 | $311,000 | $363,000 |
| Operations | |||
| Corporate Actions Analyst/Associate | $51,000 | $57,000 | $62,000 |
| Corporate Actions Manager/AVP | $72,000 | $88,000 | $103,000 |
| Corporate Actions VP/SVP | $114,000 | $134,000 | $155,000 |
| Loans Administration/ Documentation Analyst/Associate | $51,000 | $57,000 | $62,000 |
| Loans Administration/ Documentation Manager/AVP | $72,000 | $88,000 | $103,000 |
| Loans Administration/ Documentation VP/SVP | $114,000 | $134,000 | $155,000 |
| Middle Office/Trade Support Analyst/Associate | $57,000 | $62,000 | $67,000 |
| Middle Office/Trade Support Manager/AVP | $72,000 | $88,000 | $103,000 |
| Middle Office/Trade Support VP/SVP | $114,000 | $134,000 | $155,000 |
| Middle Office/Trade Support Director/ED/MD | $186,000 | $238,000 | $311,000 |
| KYC/Client Onboarding Analyst/Associate | $57,000 | $67,000 | $74,000 |
| KYC/Client Onboarding Manager/AVP | $77,000 | $99,000 | $124,000 |
| KYC/Client Onboarding VP/SVP | $114,000 | $134,000 | $155,000 |
| KYC/Client Onboarding Director/ED/MD | $186,000 | $238,000 | $311,000 |
| Treasury Operations Analyst/Associate | $51,000 | $57,000 | $62,000 |
| Treasury Operations Manager/AVP | $72,000 | $88,000 | $103,000 |
| Treasury Operations VP/SVP | $114,000 | $134,000 | $155,000 |
| Front Office | |||
| Investor Relations Analyst/Associate | $62,000 | $83,000 | $103,000 |
| Investor Relations Manager/AVP | $103,000 | $124,000 | $155,000 |
| Investor Relations VP/SVP | $166,000 | $207,000 | $249,000 |
| Investor Relations Director/ED/MD | $311,000 | $373,000 | $415,000 |
| Investment Management Analyst / Associate | $125,000 | $144,000 | $162,000 |
| Investment Management Manager / AVP | $187,000 | $205,000 | $224,000 |
| Investment Management VP / SVP | $249,000 | $280,000 | $311,000 |
| Investment Management Director / ED / MD | $374,000 | $420,000 | $467,000 |
Salaries of Positions in the Information and Technology Sector
- The COVID-19 pandemic has further highlighted the importance of the Information Technology (IT) sector to help the various economic challenges.
- Businesses will look to continue and strengthen their tech solutions in their operations moving forward.
- Positions such as DevOps engineers, Cyber-Security consultants, and Infrastructure engineers are in hot demand.
| Role | Annual Base Salary | ||
|---|---|---|---|
| 25th percentile | 50th percentile | 75th percentile | |
| Financial Services | |||
| Applications Architect, Financial Services | $125,000 | $142,000 | $168,000 |
| Business Analyst, Financial Services | $84,000 | $115,000 | $157,000 |
| Change Manager, Financial Services | $125,000 | $157,000 | $209,000 |
| CIO, Financial Services | $262,000 | $315,000 | $420,000 |
| CISO, Financial Services | $262,000 | $315,000 | $420,000 |
| CTO, Financial Services | $209,000 | $315,000 | $420,000 |
| Cloud Architect, Financial Services | $125,000 | $157,000 | $194,000 |
| Cloud Engineer, Financial Services | $84,000 | $115,000 | $147,000 |
| Cyber-Security Manager, Financial Services | $125,000 | $157,000 | $188,000 |
| Data Analyst, Financial Services | $75,000 | $99,000 | $137,000 |
| Data Architect, Financial Services | $125,000 | $142,000 | $168,000 |
| Data Engineer, Financial Services | $84,000 | $115,000 | $147,000 |
| Data Scientist, Financial Services | $94,000 | $125,000 | $168,000 |
| Database Administrator, Financial Services | $115,000 | $137,000 | $168,000 |
| Database Engineer, Financial Services | $84,000 | $115,000 | $147,000 |
| DevOps Engineer, Financial Services | $104,000 | $125,000 | $157,000 |
| DevSecOps Engineer, Financial Services | $119,000 | $144,000 | $198,000 |
| Enterprise Architect, Financial Services | $188,000 | $231,000 | $272,000 |
| Helpdesk Support Analyst, Financial Services | $57,000 | $78,000 | $94,000 |
| Infrastructure Architect, Financial Services | $125,000 | $142,000 | $168,000 |
| IT Auditor, Financial Services | $84,000 | $104,000 | $157,000 |
| IT Auditor/IT Risk, Financial Services | $88,000 | $125,000 | $188,000 |
| IT Business Partner, Financial Services | $125,000 | $147,000 | $178,000 |
| IT Director, Financial Services | $194,000 | $221,000 | $252,000 |
| IT Manager, Financial Services | $131,000 | $157,000 | $188,000 |
| IT Risk & Governance, Financial Services | $94,000 | $125,000 | $157,000 |
| IT Security Analyst/Consultant, Financial Services | $94,000 | $125,000 | $157,000 |
| IT/Systems Engineer, Financial Services | $84,000 | $102,000 | $115,000 |
| Mobile Developer, Financial Services | $88,000 | $126,000 | $151,000 |
| Network Architect, Financial Services | $125,000 | $142,000 | $168,000 |
| Network Engineer, Financial Services | $84,000 | $104,000 | $131,000 |
| Network/Infrastructure Manager, Financial Services | $94,000 | $115,000 | $137,000 |
| PMO, Financial Services | $94,000 | $125,000 | $188,000 |
| Product Owner/Manager, Financial Services | $125,000 | $157,000 | $188,000 |
| Program Manager, Financial Services | $209,000 | $262,000 | $315,000 |
| Project Manager, Financial Services | $125,000 | $157,000 | $188,000 |
| SAP Consultant, Financial Services | $88,000 | $115,000 | $137,000 |
| Security Architect, Financial Services | $160,000 | $200,000 | $260,000 |
| Security Operations Analyst, Financial Services | $90,000 | $126,000 | $168,000 |
| Security Operations Engineer, Financial Services | $96,000 | $130,000 | $150,000 |
| Service Delivery Manager, Financial Services | $115,000 | $137,000 | $168,000 |
| Software Engineer, Financial Services | $104,000 | $151,000 | $188,000 |
| Solutions Architect, Financial Services | $125,000 | $142,000 | $168,000 |
| Scrum Master, Financial Services | $94,000 | $120,000 | $137,000 |
| Systems Administrator, Financial Services | $75,000 | $94,000 | $115,000 |
| Systems Analyst, Financial Services | $75,000 | $88,000 | $125,000 |
| Commerce & Industry | |||
| Applications Architect, Commerce & Industry | $125,000 | $142,000 | $168,000 |
| Business Analyst, Commerce & Industry | $88,000 | $113,000 | $125,000 |
| CIO, Commerce & Industry | $209,000 | $231,000 | $277,000 |
| CISO, Commerce & Industry | $262,000 | $315,000 | $420,000 |
| CTO, Commerce & Industry | $209,000 | $315,000 | $420,000 |
| Cloud Architect, Commerce & Industry | $125,000 | $142,000 | $168,000 |
| Cloud Engineer, Commerce & Industry | $84,000 | $115,000 | $147,000 |
| Cyber-Security Manager, Commerce & Industry | $125,000 | $157,000 | $188,000 |
| Data Analyst, Commerce & Industry | $75,000 | $99,000 | $137,000 |
| Data Architect, Commerce & Industry | $125,000 | $142,000 | $168,000 |
| Data Engineer, Commerce & Industry | $84,000 | $115,000 | $147,000 |
| Data Scientist, Commerce & Industry | $94,000 | $125,000 | $168,000 |
| Database Administrator, Commerce & Industry | $115,000 | $137,000 | $168,000 |
| Database Engineer, Commerce & Industry | $84,000 | $115,000 | $147,000 |
| DevOps Engineer, Commerce & Industry | $104,000 | $125,000 | $157,000 |
| DevSecOps Engineer, Commerce & Industry | $108,000 | $132,000 | $180,000 |
| Enterprise Architect, Commerce & Industry | $188,000 | $231,000 | $272,000 |
| ERP Project/Delivery Manager, Commerce & Industry | $104,000 | $125,000 | $157,000 |
| Helpdesk Support Analyst, Commerce & Industry | $57,000 | $78,000 | $94,000 |
| Infrastructure Architect, Commerce & Industry | $125,000 | $142,000 | $168,000 |
| IT Audit/IT Risk, Commerce & Industry | $88,000 | $125,000 | $188,000 |
| IT Auditor, Commerce & Industry | $84,000 | $104,000 | $157,000 |
| IT Business Partner, Commerce & Industry | $125,000 | $147,000 | $178,000 |
| IT Director, Commerce & Industry | $194,000 | $221,000 | $252,000 |
| IT Manager, Commerce & Industry | $131,000 | $157,000 | $188,000 |
| IT Risk & Governance, Commerce & Industry | $94,000 | $125,000 | $157,000 |
| IT Security Analyst/Consultant, Commerce & Industry | $94,000 | $125,000 | $157,000 |
| IT/Systems Engineer, Commerce & Industry | $84,000 | $102,000 | $115,000 |
| Mobile Developer, Commerce & Industry | $88,000 | $126,000 | $151,000 |
| Network Architect, Commerce & Industry | $125,000 | $142,000 | $168,000 |
| Network Engineer, Commerce & Industry | $75,000 | $94,000 | $120,000 |
| Network/Infrastructure Manager, Commerce & Industry | $94,000 | $115,000 | $137,000 |
| Presales Consultant, Commerce & Industry | $88,000 | $104,000 | $125,000 |
| Product Owner/Manager, Commerce & Industry | $125,000 | $157,000 | $188,000 |
| Program Manager, Commerce & Industry | $144,000 | $170,000 | $200,000 |
| Project Manager, Commerce & Industry | $125,000 | $157,000 | $188,000 |
| SAP Consultant, Commerce & Industry | $88,000 | $115,000 | $137,000 |
| Security Architect, Commerce & Industry | $150,000 | $180,000 | $250,000 |
| Security Operations Analyst, Commerce & Industry | $80,000 | $120,000 | $160,000 |
| Security Operations Engineer, Commerce & Industry | $85,000 | $100,000 | $125,000 |
| Service Delivery Manager, Commerce & Industry | $115,000 | $137,000 | $168,000 |
| Software Engineer, Commerce & Industry | $84,000 | $100,000 | $151,000 |
| Solutions Architect, Commerce & Industry | $125,000 | $142,000 | $168,000 |
| Systems Administrator, Commerce & Industry | $75,000 | $94,000 | $115,000 |
| Systems Analyst, Commerce & Industry | $75,000 | $88,000 | $125,000 |
| Technical Sales Engineer, Commerce & Industry | $78,000 | $99,000 | $120,000 |
Salaries of Positions in the Healthcare and Life Sciences Sector
- The demand for healthcare professionals is ever-present.
- Singapore is also an ideal place for adopting health tech with our centralised healthcare data system and infrastructure in place. This will potentially attract more tech-savvy health companies and professionals to set up their research and development here.
- Jobs in demand include staff nurses, social workers, regulatory affairs managers, and product managers.
| Role | Annual Base Salary | ||
|---|---|---|---|
| 25th percentile | 50th percentile | 75th percentile | |
| Commercial | |||
| Marketing | $80,400 | $105,600 | $132,000 |
| Sales | $52,800 | $106,800 | $140,400 |
| Business Development | $105,600 | $157,200 | $210,000 |
| Strategic Planning | $80,400 | $117,600 | $157,200 |
| Production and Quality | |||
| Quality Assurance | $80,400 | $105,600 | $132,000 |
| Quality Control | $80,400 | $105,600 | $132,000 |
| Production | $52,800 | $80,400 | $105,600 |
| Clinical Development | |||
| Clinical Operation | $64,800 | $97,200 | $132,000 |
| Clinical Research Physician/ Medical Affairs | $105,600 | $132,000 | $157,200 |
| Clinical Statistics | $80,400 | $105,600 | $132,000 |
| Regulatory affairs | $80,400 | $105,600 | $132,000 |
| Market Access and Corporate Affairs | |||
| Market Access | $80,400 | $105,600 | $132,000 |
| HEOR | $105,600 | $132,000 | $157,200 |
Salaries of Positions in the Sales and Marketing Sector
- Due to the boom of e-commerce and online marketing, this sector is growing at an extraordinary rate in Singapore.
- As more companies look to adopt e-commerce and online marketing solutions for their businesses, online marketing specialists will continue to be in demand.
- In contrast, traditional marketing roles are starting to be phased out.
- Digital marketing and social media skills are also a must as retail businesses look drive results through online marketing efforts.
- Jobs in demand include CRM Managers, Business Development Managers, Digital Marketing Specialists and Marketing Managers.
| Role | Annual Base Salary | ||
|---|---|---|---|
| 25th percentile | 50th percentile | 75th percentile | |
| Marketing Director | $111,600 | $157,200 | $223,200 |
| Marketing Manager | $80,400 | $99,600 | $184,800 |
| Digital Marketing Director | $127,200 | $170,400 | $252,000 |
| Content Marketing | $45,600 | $73,200 | $122,400 |
| SEO/SEM/Social Media/CRM | |||
| SEO/SEM/Social Media/ CRM specialist | $50,400 | $99,600 | $175,200 |
| Public Relations | $45,600 | $88,800 | $170,400 |
| Art Director/ Graphic Design | $45,600 | $73,200 | $122,400 |
| Ecommerce | $52,800 | $93,600 | $170,400 |
| Business Development | |||
| Business Development Manager | $55,200 | $93,600 | $170,400 |
| Account Manager | $55,200 | $99,600 | $164,400 |
| Sales team lead | $93,600 | $145,200 | $170,400 |
| Channel Manager | $55,200 | $99,600 | $198,000 |
| Commercial Director (Sales & Marketing) | $198,000 | $274,800 | $392,400 |
Salaries of Positions in the Human Resources, Business and Office Support Sector
- Companies will be looking for solutions to provide their employees easier access to HR-related solutions. The need to integrate cloud-based HR systems into business operations will also be a crucial strategy.
| Role | Annual Base Salary | ||
|---|---|---|---|
| 25th percentile | 50th percentile | 75th percentile | |
| Payroll | |||
| Payroll Specialist/Executive | $54,000 | $66,000 | $78,000 |
| Payroll Manager/Senior Manager | $84,000 | $96,000 | $120,000 |
| Human Resources | |||
| HR Executive/Generalist | $42,000 | $54,000 | $60,000 |
| HRIS Analyst | $66,000 | $72,000 | $84,000 |
| HR Assistant Manager | $66,000 | $72,000 | $84,000 |
| HR Manager | $84,000 | $96,000 | $108,000 |
| HR Business Partner | $84,000 | $96,000 | $108,000 |
| HR Director/Head of HR | $144,000 | $180,000 | $216,000 |
| Talent Acquisition Specialist | $66,000 | $72,000 | $84,000 |
| Talent Acquisition Lead/Manager | $96,000 | $108,000 | $120,000 |
| Compensation & Benefits Specialist | $72,000 | $84,000 | $96,000 |
| Compensation & Benefits Manager | $84,000 | $120,000 | $144,000 |
| Learning & Development Specialist | $72,000 | $84,000 | $96,000 |
| Learning & Development Manager | $84,000 | $120,000 | $144,000 |
Salaries of Positions in the Sourcing, Supply Chain and Manufacturing Sector
- As companies upgrade their operations infrastructure in the digital age, we expect changes such as the implementation of automation and the redesigning of the supply chain process.
| Role | Annual Base Salary | ||
|---|---|---|---|
| 25th percentile | 50th percentile | 75th percentile | |
| Supply Chain planning/Analyst | $48,000 | $67,200 | $76,800 |
| Supply Chain Manager | $87,600 | $105,600 | $152,400 |
| Procurement Manager | $87,600 | $121,200 | $152,400 |
| Sourcing/Merchandising Manager | $70,800 | $94,800 | $145,200 |
| Quality Manager | $84,000 | $106,800 | $157,200 |
| Technical Specialist | $58,800 | $75,600 | $120,000 |
| Technical Manager | $82,800 | $88,800 | $145,200 |
| Engineering Manager | $82,800 | $88,800 | $160,800 |
| Engineering Director | $145,200 | $184,800 | $234,000 |
| Testing Manager | $64,800 | $82,800 | $109,200 |
| Quality improvement Manager | $91,200 | $121,200 | $141,600 |
| Designer | $43,200 | $72,000 | $110,400 |
| Design Manager | $91,200 | $106,800 | $157,200 |
| Operation Improvement Manager | $82,800 | $109,200 | $157,200 |
| General Manager | - | $216,000 | $274,800 |
The Cons of Salary Guides
While salary guides are a good gauge of your income as you progress through the various stages of your career, there are, of course, some limitations.
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 these guides with a healthy pinch of salt.
Instead, you may want to look at this guide instead:
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.
Ultimately, choosing a job you love and having good personal finance habits is the key to a happier life.
All it takes are small and simple steps like learning how to allocate your salary or building up an emergency fund.
Key Takeaways When Reading A Salary Guide
Here’s how this salary guide can be helpful to you:
- For job-seekers, this salary guide will help you to manage your expectations.
- For those planning to ask for a pay raise, this guide can also help you as a benchmark.
- For those who are mulling over whether you should further your studies, this salary guide can help you better decide if the cost of higher education is worth it.
Whether you’re looking to take your first step into the working world or looking to improve your skills for a job/career switch, always know that you’re not alone!
Here are some of the platforms that we recommend:
- SeedlyCommunity 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
- Nodeflair: To research on salaries of tech positions locally
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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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