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The Ultimate Salary Guide For Singaporeans

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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?


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Read more: Median wage according to industries

  • Accounting
  • Banking & Finance
  • Engineering
  • Healthcare & Life Sciences
  • Information Technology
  • Supply Chain & Logistics
  • Sales & Marketing

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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 Position Qualification Salary Range
    (Per Month)
    Min. Max.

    Accounting

    Senior Accounts/ Accounts Executive Degree/ Diploma S$3,000 S$5,500
    Senior Accountant Degree S$5,000 S$7,000
    Accountant Degree/ Diploma S$2,800 S$4,000
    Accounts Payable Executive Degree/ Diploma S$2,800 S$4,500
    Accounts Receivable Executive Degree/Diploma S$3,500 S$4,000
    Accounts Payable Officer ‘N’/’O’ Levels and above S$2,300 S$3,400
    Accounts Receivable Officer ‘N’/’O’ Levels and above S$2,300 S$3,500
    Accounts Assistant ‘N’/’O’ Levels and above S$2,100 S$3,000

    Finance

    Finance Controller Degree S$8,500 S$15,000
    Finance Manager/ Assistant Finance manager Degree S$6,000 S$10,000
    Financial Analyst/ Senior Financial Analyst Degree S$3,100 S$9,900

    Internal Audit

    Audit Manager Degree S$6,000 S$9,000
    Auditor Degree S$3,300 S$4,500

    Taxation

    Tax Manager Degree S$7,000 S$9,000
    Tax Associate Degree S$3,500 S$5,500

    Treasury

    Treasury Analyst Degree S$4,500 S$7,500
    Treasury Assistant Degree/Diploma S$2,000 S$4,000

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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 Position Qualification Salary Range
    (Per Month)
    Min. Max.

    Compliance

    Head of Compliance Degree/ Master S$12,000 S$18,000
    Senior Officer/ Officer, Compliance Degree/ Diploma S$3,500 S$8,000
    Senior Associate/ Associate, Financial Controls Degree S$3,000 S$10,000

    Finance

    Associate Financial Analyst Degree S$3,000 S$7,000
    Business Analyst Degree S$3,000 S$8,500

    Insurance

    Underwriter Degree S$5,000 S$7,000

    Operations

    Bank Officer Diploma S$2,500 S$3,500
    Banking Senior Officer Degree/ Diploma S$4,000 S$6,000
    Senior Officer/ Officer, Loan Operations Degree/ Diploma S$3,500 S$6,000

    Risk

    Senior Manager/ Manager Degree/ Master S$5,000 S$13,200
    Risk Management Degree/ Diploma S$3,000 S$6,000
    Credit Analyst Degree/ Diploma S$2,400 S$4,500
    Credit Control Officer Degree/ Diploma S$2,000 S$5,300

    Sales

    Bancassurance Degree/ Diploma S$2,800 S$5,000
    Client Relationship Officer Degree/ Diploma S$1,800 S$3,800
    Financial Advisor Degree/ Diploma S$2,800 S$4,500

    Trade Finance

    Executive Diploma/ Degree S$2,000 S$4,200
    Senior Officer/ Officer Diploma/ Degree S$2,000 S$3,500

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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 Position Qualification Salary Range
    (Per Month)
    Min. Max.

    Adminstration & Support

    Technical Officer Diploma S$2,400 2,700
    Technical Executive Degree/ Diploma S$3,500 S$5,500
    Technical Support Engineer Diploma S$3,600 S$5,000

    Healthcare &
    Medical

    Application Engineer Degree/ Diploma S$3,500 S$5,000
    Field Service Engineer Degree/ Diploma S$3,700 S$4,600
    Product Specialist Degree/ Master S$4,000 S$6,000
    Customer Support Engineer Degree/ Diploma S$3,000 S$4,000

    Maintenance

    Maintenance Technician ‘N’/ ‘O’ Levels/ Diploma S$2,000 S$3,000
    Maintenance Engineer ‘N’/ ‘O’ Levels/ Diploma S$4,000 S$5,000

    Process

    Senior Process Engineer/ Engineer Degree/ Diploma S$4,500 S$6,500
    Chemical Process Technician Degree/ Diploma S$2,100 S$3,500

    Production

    Production Operator ‘N’/ ‘O’ Levels S$1,800 S$2,100
    Production Engineer Degree/ Diploma S$2,100 S$4,000

    Construction

    Senior Project Engineer/ Engineer Degree/ Diploma S$3,300 S$6,000
    Project Coordinator Diploma S$2,200 S$3,500
    Quantity Surveyor Degree/ Diploma S$3,500 S$6,000
    Senior Civil Engineer/ Engineer Degree S$3,500 S$8,000
    Senior Tunnel Engineer/ Engineer Degree S$4,500 S$8,500

    Real Estate/ Property Development

    Property Executive Diploma S$1,500 S$3,000
    Estate Manager Diploma S$3,500 S$8,000
    Property Manager Diploma/ Degree S$5,000 S$8,500

    Workplace Safety

    Quality, Health and Environmental Safety Manager Degree/ Diploma S$5,000 S$7,200

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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 Position Qualification Salary Range
    (Per Month)
    Min. Max.

    Healthcare &
    Life Sciences

    Senior Staff Nurse/ Staff Nurse Diploma S$2,500 S$3,500
    Nurse Manager Degree S$5,000 S$7,000
    Pharmacist Degree S$3,000 S$4,500
    Laboratory Technician ‘N’/ ‘O’ Levels S$2,000 S$3,000
    Medical Technologist Diploma S$2,200 S$3,500
    Social Worker Degree S$3,000 S$4,500
    Dental Surgery Assistant ‘N’/ ‘O’ Levels S$1,800 S$2,200
    Research Fellow Degree S$3,000 S$4,500
    Radiographer Degree S$3,000 S$4,500
    Clinic Assistant ‘N’/ ‘O’ Levels S$1,600 S$2,000
    Medical Sales Representative Degree/ Diploma S$3,000 S$4,500
    Medical And Pharmaceutical Sales Degree/ Diploma S$5,500 S$8,000
    Physiotherapist Degree/ Diploma S$3,000 S$4,000

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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 Description Qualification Salary Range
    (Per Month)
    Min. Max.

    App Development

    Application Architect Degree S$8,000 S$11,000
    Application Development Lead Degree S$5,800 S$8,000
    Senior Application Developer/ Developer Degree S$6,500 S$12,000
    Application Engineer Degree S$3,500 S$5,700
    Web Developer Degree S$3,000 S$5,000
    Mobile Application Developer Degree S$3,300 S$4,700

    Analysis & Project

    Data Analyst Degree S$4,800 S$6,300
    Business and Technology Delivery Analyst Degree S$3,300 S$5,500
    Senior Project Executive/ Project Executive Degree/ Diploma S$3,000 S$4,000

    Business Development

    Digital Manager Degree S$4,500 S$6,500
    Product Manager Degree/ Diploma S$4,500 S$6,000
    Senior Product Marketing Executive/ Executive Degree/ Diploma S$3,800 S$5,000
    Finance IT
    Payment System Business Analyst Degree S$5,300 S$8,000
    FinTech Strategist Degree S$7,100 S$12,000
    Application Developer Degree S$5,500 S$8,000
    Project manager Degree S$8,100 S$12,000
    Infrastructure
    Senior Network Engineer/ Engineer Degree S$4,300 S$5,700
    Infrastructure Manager Degree S$6,500 S$8,800
    Infrastructure Consultant Degree S$4,500 S$6,500
    IT Security Manager Degree S$9,000 S$12,000

    Support

    Helpdesk Support Diploma S$2,500 S$3,900
    Customer Service Executive Diploma S$2,600 S$4,000

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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 Description Qualification Salary Range
    (Per Month)
    Min. Max.

    Warehouse and Logistics

    Warehouse Supervisor Degree/ Diploma S$3,500 S$4,800
    Logistics Manager Degree S$5,000 S$10,000
    Warehouse Manager Degree/ Diploma S$4,500 S$5,500
    Forklift Driver N’/O’ Levels S$1,400 S$2,000

    Shipping/ Operations

    Operations Manager Degree S$4,500 S$6,000
    Shipping Coordinator ‘N’/ ‘O’ Levels/ Diploma S$3,600 S$4,700
    Documentation Coordinator ‘N’/ ‘O’ Levels S$2,000 S$3,500

    Procurement/ Purchasing

    Senior Buyer/ Buyer Degree/ Diploma S$3,000 S$5,500
    Procurement Manager Degree S$5,200 S$5,300
    Senior Purchasing Executive/ Executive Degree/ Diploma S$2,500 S$4,000
    Export Executive Diploma S$2,000 S$3,500
    Senior Buyer/ Buyer Degree/Diploma S$3,000 S$5,500

    Supply Chain

    Supply Chain Executive Diploma S$2,500 S$4,500
    Supply Chain Manager/ Assistant Manager Degree/ Diploma S$4,200 S$8,000
    Planner Degree/ Diploma S$2,800 S$4,400
    Quality Assurance Inspector Degree/ Diploma S$1,700 S$3,500

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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 Description Qualification Salary Range
    (Per Month)
    Min. Max.

    Graphic and Designing

    Creative Manager Degree S$6,000 S$8,000
    Graphics Designer Degree/ Diploma S$3,600 S$6,000
    UX Designer Degree/ Diploma S$3,500 S$5,000
    Web Designer Degree/ Diploma S$3,500 S$5,000

    Events

    Events Manager Degree S$2,500 S$4,500
    Events Executive Degree/ Diploma S$2,100 S$2,600
    Conference Manager Degree S$6,500 S$8,500

    Marketing

    Regional Marketing Manager Degree S$8,000 S$12,000
    Regional Marketing Executive Degree S$2,500 S$5,000
    Marketing Assistant Diploma S$2,300 S$2,800
    Digital Marketing Specialist Degree S$4,500 S$6,000
    Digital Marketing Executive Degree S$2,500 S$5,500
    Brand Manager Degree S$4,500 S$6,500
    Campaign Manager Degree S$4,500 S$6,500
    Market Data Analyst Degree/ Diploma S$3,300 S$5,500
    Market Research Associate Degree S$2,500 S$4,500
    Quality Assurance Inspector Degree/ Diploma S$1,700 S$3,500

    Communications/ PR

    Corporate Communications Manager Degree S$4,500 S$5,500
    Corporate Communications Senior Executive/ Executive Degree/ Diploma S$2,500 S$4,500
    Public Relations Senior Executive/ Executive Degree/ Diploma S$3,000 S$4,000
    Copywriter Degree/ Diploma S$3,300 S$5,000

    Sales

    Regional Sales Manager Degree S$6,000 S$12,000
    Sales/ Business Development Executive Degree/ Diploma S$4,000 S$7,000
    Account Manager Degree/ Diploma S$4,000 S$7,000
    Sales Coordinator N’/ ‘O’ levels/ Diploma S$1,500 S$3,500
    Merchandiser N’/ ‘O’ Levels/ Diploma S$2,000 S$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

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