Singapore Average Salary 2025: Industry, Job, and Employment Type

The Singapore job market has been incredibly resilient in the past few years, with the employment rates steadily increasing. The average salary increment in Singapore has also been healthy, in addition to the economic recovery and the increasing demand for talent. This article will equip you with in-depth research of the salary environment of Singapore in the year 2025, including a detailed analysis of the data in each of the industries, job positions, types of employment, and experience.

What is the Average Salary in Singapore 2025?

The median monthly wage of full-time resident workers in Singapore has been estimated, according to the statistics provided by the Ministry of Manpower (MOM) and compensation surveys of some well-known consultancies, at about S,800 per month in 2025. This value is the median of the average Singaporean wage. It is worth mentioning that the amount of salary difference dramatically differs between the positions of simple service work and a well-paid job in finance.

Highest Monthly/Hourly Salary:

Salaries of top members of the industry, such as investment banking or association with professional services, can rise to above S$20,000 monthly. The top rates per hour are usually charged by senior professionals or consultants who charge on a project basis, which may even cost hundreds of Singapore dollars.

Minimum Salary in Singapore Per Month/Hour

Essentially, under the Progressive Wage Model (PWM) initiated by the Singapore government, the minimum gross monthly wages of local workers in certain occupations, such as cleaning, security, and landscape maintenance, will continue to rise in the year 2025. These positions have their initial salaries between S$1,800 and S$2,400 at present. Full-service jobs with the lowest remuneration are part-time jobs or entry-level services that are approximately SSM10-12 per hour.

Highest Paying Jobs in Singapore

According to the annual salary reports conducted by MOM and recruitment firms, the following are generally considered the most highly paid jobs in Singapore.

Job Position	Estimated Median Monthly Salary (S$)
Surgeon / Specialist Doctor	$20,000+
Managing Director (Investment Bank)	$25,000+
Chief Technology Officer (CTO)	$18,000+
Legal Partner	$22,000+

Lowest Paying Jobs in Singapore

The wages of those in the industries that lie under the Progressive Wage Model (PWM) are usually low at the entry point. The information is cited in the PWM requirements of MOM.

Job Position	Estimated Median Monthly Salary (S$)
Cleaner	$1,800 – $2,200
Security Officer	$1,900 – $2,400
Restaurant Server	$2,000 – $2,500

📖 References:

Ministry of Manpower (MOM). (2025, February 26). Gross Monthly Income From Employment: –the Median Gross Monthly Income from Employment of Full‑Time Employed Residents (Including Employer CPF Contributions). Manpower Research & Statistics Department. Retrieved from https://stats.mom.gov.sg/pages/income-summary-table.aspx

Syfe. (2025, April). “A Guide to the Average and Median Salary in Singapore—And How to Grow It.” Retrieved from https://www.syfe.com/magazine/guide-average-median-salary-singapore-how-to-grow-it/

StashAway. (2025). “Average Salary and Median Income in Singapore 2025.” Retrieved from https://www.stashaway.sg/r/average-salary-median-income-singapore

Average Salary in Singapore by Industry

One of the most critical aspects of setting the level of salaries is the industry. The compensation packages in the different sectors differ greatly because of the differences in profitability, skill demands, and exposure of the sector all over the world.

Information & Communication: S$6,500

One of the sectors contributing most to the Singapore economy is the tech industry, and there is high demand for computer engineers, as well as data scientists. Top talents are attracted and retained through attractive salaries to enable the country to continue with digital transformation.

Financial & Insurance Services: S$8,800

Singapore, being a major financial center in Asia, has a financial and insurance industry that offers high salaries in the country. Investment banking positions, asset management, and fintech usually have high base salaries and bonuses.

Professional Services (e.g., Legal, Accounting): S$6,800

Professionals necessitate that the employees possess high-level certifications and specialization, high-level. lawyers and accountants. Compensation is an indication of the professional worth delivered and the roles and risks.

Manufacturing: S$4,800

The manufacturing wage is usually less than in the field of finance or technology, though high-value sectors such as semiconductors and precision engineering pay well. This is a sector that is significant to the GDP of Singapore.

Wholesale & Retail Trade: S$4,200

Wholesale and retail have a great influence on the economy, yet salaries can be lower. The industry also contains numerous low-paying and part-time jobs, and the wage increment is usually connected with experience and sales.

Average Salary in Singapore by Job Position

The amount of duties and competencies required in the position determines its value in the market. The following is an example of the average wages of some of the usual jobs:

Software Engineer: S$5,500 – S$9,000

The core of the digital economy is software engineers who participate in creating and maintaining major software systems. The upper limit of this range can be reached by professionals who have experience in cloud computing, AI, or cybersecurity.

Financial Analyst: S$5,000 – S$7,500

Financial analysts deal with planning, analyzing, and reporting, and furnish information on which decisions by the company are to be made. Those analysts employed in multinational corporations or banks usually receive better salaries and bonuses.

Marketing Manager: S$7,000 – S$11,000

Marketing managers develop and implement brand strategies in order to initiate business growth. Their remuneration is highly performance-based, particularly where they handle big budgets and departments.

Registered Nurse: S$3,800 – S$5,500

RNs are crucial to the healthcare field since they offer professional patient care. They are highly paid with experience and specialization.

Sales Executive: S3500- S5500 (with commission)

The income earned by sales executives is highly based on commission, and the total amount of earnings may be high. The high-income groups, such as those in the tech industry or those in the financial sector, usually earn at the highest wage bracket.

Average Salary in Singapore by Employment Type

Employment type also affects total income and job stability.

Full-Time Employee: S$5,800 (Monthly Gross Salary)

Full-time employees are bestowed with all-inclusive benefits, which include annual leave, health cover, and CPF contributions. One of the main points of reference for the overall pay levels in Singapore is their monthly gross salary.

Part-Time Employee: S$12 – S$18 (Per Hour)

Part-time workers are compensated on an hourly basis and usually do not enjoy the same benefits as full-time employees. The rates per hour are determined by industry and responsibility, which is prevalent in retail and F&B aspects.

Permanent Employee: S$5,800 (Monthly Gross Salary)

A permanent worker has good employment security and benefits that are provided by law. Employers make contributions to CPF, which is the main basis of the Singaporean retirement system.

Contract Employee: S$5,200- S$7,000 (Monthly, usually incorporates bonus)

The contract workers would get better wages to compensate for fewer benefits and job security. The contracts are usually one or two years in duration, and, in most cases, project-based work.

Foreign Employee (Employment Pass): S$5,800+ (must meet minimum salary requirement)

The foreign workers with an Employment Pass have to earn a specified minimum qualifying salary, which will guarantee that the foreign workers are of a high skill level.

Average Salary in Singapore by Experience/Age

One of the most immediate variables affecting the growth of salary is experience. The more skills and responsibilities, the more compensation.

Fresh Graduates (0-2 years): S$3,800 – S$4,800

Salaries at the beginning of the job are university and major-dependent. The graduates usually start with entry-level positions where they are concerned with learning and gaining experience in the industry.

Junior Executive (2-5 years): S$4,500 – S$6,500

Junior executives are well-equipped with fundamental skills and are given greater responsibility. This is a crucial phase where salary increase is high, and it is important in career building.

Team Leader / Senior Executive (5-8 years): SG 6,000 -19,000

Minimal teams or multifaceted projects are handled by senior executives or heads of teams. Communication skills and problem-solving skills are required, which can be manifested in the form of their salaries.

Manager (8-12 years): S$8,000 – S$12,000

Managers control departments, budgets, and teams. Performance bonuses are normally compensated.

Senior Manager / Director (12+ years): S$12 000 -S 20 000+

The company is affected greatly by the strategic decisions that are made by senior managers and directors. They are in the highest positions and they are paid the highest wage, and in most cases, they receive an equity bonus.

Factors Influencing Average Salary in Singapore

Understanding why median salaries in Singapore vary is crucial for planning your career and negotiating pay. Several factors come together to determine how much an employee earns an average salary per month in Singapore.

• Industry: Sectors with higher profitability or international exposure, like finance and technology, tend to offer higher salaries.
• Job Role and Responsibilities: Positions with greater responsibility, decision-making authority, or technical complexity typically command higher pay.
• Experience and Skills: More years in the field and specialized expertise increase an employee’s market value.
• Education and Certifications: Degrees from reputable institutions and professional certifications can boost salary potential.
• Employment Type: Full-time, contract, or part-time roles offer different pay scales and benefits.
• Company Size and Reputation: Large multinational firms often provide higher salaries and additional perks compared to smaller local companies.

Conclusion

All in all, the Singaporean market of salaries in 2025 is quite diverse and constantly growing. Financial and technological industries are still at the top of the pay, and experience and professional skills are still among the factors that drive individual salaries.

This information on these salary amounts and determining factors is great advice for your career planning in Singapore. This information can be used by any graduate or professional experienced to secure your next dream job on Bossjob.

FAQs

How to find a job in Singapore?

We recommend using Bossjob, a leading job recruitment platform in Singapore that hosts a wide range of quality positions across various industries. Its clean interface and efficient chat-matching feature allow you to communicate directly with employers, significantly improving your job search efficiency.

How many Singaporeans earn S$10,000 a month?

As indicated by the statistics released by the ministry of manpower Singapore, approximately one-third of the population residing and employed earns over S $10, 000 per month. These categories of individuals normally involve top professionals, managers, and executives.

Is S$20,000 per month a good salary in Singapore?

Yes, you are making S$20,000 per month, which is way above the average and median incomes in Singapore. It has good living standards, but the cost of living and the cost of living itself remain significant.

What is the top 10% salary in Singapore?

Although this is not a strict cut rule, and cut-offs differ industry by industry and time, being in the 10 percent generally equates to a monthly salary of several steps more than S$10,000-12,000 in most jobs in Singapore, based on level and industry.