Ministry of Manpower has released the latest Report on Wages in Singapore 2005. It’s a compilation of surveyed data collected in 2005, and released this year (2006).
Notably, the jobs with the top median starting salaries are: advocate and solicitor ($3,800), semi-conductor engineer ($3,595), financial analyst ($3,167), electronic engineer ($2,850), and aeronautical engineer ($2,600).
Based on the same report, the following are the top 100 jobs in terms of gross monthly pay. The number next to each job is the 75th-percentile gross monthly income for that job.
- Specialised surgeon $22,821
- Managing director $20,289
- General manager $15,300
- General physician $14,653
- Company director $13,970
- Legal officer $10,408
- Risk management manager $10,350
- Treasury manager $10,155
- Financial analyst $10,033
- Commodities futures broker $10,000
- Financial planner $9,167
- Business management consultant $9,039
- Foreign exchange dealer and broker $9,000
- Hydrographic surveyor $8,900
- Industrial relations manager $8,870
- Operations manager (Finance) $8,763
- Business development manager $8,350
- Trade broker $8,334
- Computer operations and network manager $8,223
- Operations manager (Commerce) $8,129
- Legal service manager $8,080
- Computer and information systems manager $8,075
- Research and development manager $7,808
- Budgeting and financial accounting manager $7,800
- Marine superintendent engineer $7,650
- Engineering manager $7,521
- Training manager $7,500
- Manufacturing plant and production manager $7,450
- Marketing manager $7,327
- Personnel / human resource manager $7,300
- Logistics manager $7,150
- Technical manager $7,064
- Sales manager $6,918
- Quality assurance manager $6,880
- Instrumentation engineer $6,817
- Statistician $6,707
- Chemical engineer (petroleum) $6,670
- Business analyst $6,667
- Procurement manager $6,637
- Advocate and solicitor $6,500
- Advertising and public relations manager $6,495
- Corporate planning manager $6,488
- Shipping manager $6,440
- Industrial health, safety and environment engineer $6,355
- Personal banker $6,350
- Premises maintenance manager $6,300
- Transport operations manager $6,250
- Chemical engineering technician (petroleum) $6,245
- Editor (newspapers and periodicals) $6,210
- Pharmacologist $6,085
- Credit analyst $6,084
- Chemical engineer (petrochemicals) $6,038
- Advertising copywriter $6,000
- Securities dealer and broker $6,000
- Database administrator $5,996
- Sports coach $5,965
- Administration manager $5,890
- Editor (radio, television and video) $5,843
- Geophysicist $5,831
- Customer service manager $5,750
- Power generation and distribution engineer $5,695
- Market research analyst $5,521
- Marine superintendent (deck) $5,450
- Chemical engineer $5,432
- Building architect $5,425
- Operations manager (Community) $5,406
- Petroleum and natural gas engineer $5,379
- Instrumentation technician $5,351
- Aeronautical engineer $5,334
- Building and construction project manager $5,300
- Semi-conductor engineer $5,293
- Structural engineer $5,270
- Cad cam engineer $5,202
- Financial futures dealer and broker $5,145
- Naval architect $5,143
- Creative director (Advertising) $5,000
- Director (stage, film, television and radio) $5,000
- Lawyer (except advocate and solicitor) $5,000
- Systems designer and analyst $4,997
- Ship-master $4,945
- Property / estate manager $4,936
- Production engineer $4,931
- Biomedical engineer $4,928
- Telecommunications service supervisor $4,911
- Electrical engineer $4,873
- Mechanical engineer $4,820
- Industrial nurse $4,802
- Sewerage and sanitary engineer $4,790
- Warehousing manager $4,789
- Medical x-ray technician $4,732
- Air transport service supervisor $4,713
- Network systems and data communication analyst $4,685
- Information technology security specialist $4,679
- Chemist $4,658
- Environment health inspector $4,605
- Civil engineer $4,578
- Manufacturing engineer $4,568
- Electronics engineer $4,534
- Materials engineer $4,524
- Accountant $4,500
Note that “monthly gross salary/wage” refers to:
the sum of the basic wage, overtime payments, commissions, allowances, service points and other regular cash payments. However, it excludes employer’s CPF contributions, bonuses, stock options, other lump sum payments and payments-in-kind.
56 Comments
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Where is salary for investment banker? I thought they are probably the best paid people around
Financial analyst perhaps?
what about pilots ? their pay seems to be quite high when it was published in the papers.
George,
I scanned through the survey report again. It says “the survey was conducted to obtain wage statistics of common
occupations.”
So, apparently, airline pilots and captains are not “common” occupations.
But I agree with you – pilots are highly paid. See http://www.salary.sg/2007/sq-pilots-pay/
Good and interesting article.
But if I not wrong, this statistic figures only refer to specifically common jobs title, in details not mention other influence factor like years of working experience or what kind of company and industry specific. Example: salary earnings for job title “engineer” definitely different between fresh grads and person with 10 yrs exp. Or same job title in “big” company can be slightly / much different compare to “small / medium company”. Which I can assume, it’s more on “highest possibly pay you can get based on job title” ???
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How about pay for the software engineers ?
hi vselvam, check out the other posts: http://www.salary.sg/2007/it-jobs/ and
http://www.salary.sg/2007/it-salary-benchmarks/
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Where’s Auditor
Hi Hz, according to the survey data, the Auditor profession has a 75th-percentile income of only $3,350, which is not even close to the top 100.
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bonus in different sectors varies from 1 month to as much as 12 months, so looking at monthly salary alone is not conclusive , i believe annual income will be better measurement.
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architect Please???
ben, based on the most recent MOM data, building architects take home an average monthly basic pay of $4,761. First quartile is at $3,500, median $4,400, and third quartile $6,400.
Monthly gross wages should be slightly higher.
optometrist are paid v well as well. a diploma holder startin pay is abt 3k + comm which add up to abt 3.5k startin pay at age of 19+ ( poly grad). degree holder can draw as high as 7k to 8k per mth at the age of 25-27
Jen, I hope you are speaking from personal experience, because according to the MOM survey, the mean basic monthly pay for an optometrist is $2,754. Even at the 75th-percentile, it’s only $2,784.
But, since only 62 optometrists were surveyed, we can still argue that the survey data may not be representative. Or perhaps, optometrists’ commissions are really very good.
Hv taken up a technical training consultant role in ASEAN countries.
What should be the international rate (range of rates, either monthly or yearly) that I should charge my customers?
Thanks
Kong Huat, I think it’s a business decision you have to make. You have to take into account what the market is charging and how your service compares with your competition.
optometrist are highly paid be it in overseas like USA ,aussie… in spore too.. it the highest paid diploma course in spore. the 62 ppl tat were on survey ..were base on fresh grad and its onli basic salary..and mayb those workin for govt bodies. if added on to commission… a fresh poly grad can easily draw basic of 3k and variable comm which can b as high as 1k. an very classic example is http://www.spectaclehut.com.sg/Career.htm
and over yrs of experience…salary will increase. so i have doubts on the MOM survey,which states tat the mean basic monthly pay for an optometrist is $2,754. wit a bachelor degree and shortage of optometrist and an increasin demand for optometrist…pay is definetely much higher
What about vice president of a Top Investment Bank in Singapore?
Hi,
How much a fresh graduate gets working as House Officer in Sinapore and as a medical doctor
How much the doctor will earn after sucessful graduate as a specialist in surgery in government and private hosiptals
I am a proud parent of a graduating medical student.
Thank -You.
CK, I would say, “a lot”.
Danny, as I understand it, a fresh med grad will first have to work as an MO in government clinics, and work on specialising along the way. The pay as MO or GP is not really fascinating, and after a few years may be comparable to that of a GP in private practice.
See:
http://www.salary.sg/2007/income-of-gp-doctors/
For a specialist, the pay is of course significantly higher.
See:
http://www.salary.sg/2007/doctors-pay/
Dun be silly. optometrist in Singapore are not at all well paid. From what I hear they do not have increments every year like other jobs and its pretty stagnant.And from the wroking hours they contribute, you should calculate thier per hour pay is pretty low actually. From what I know some optometrist leave their job in a few years to go to business or banking where their monthly is much higher and they have much higher increments every year.
hi,
i have done MBBS,MD(community medicine)from india what will be my pay?
Haha this is rubbish. No idea where the private bankers earning 6.5k are from. I work in a private bank. their assistants are already getting 6.5k.
This survey certainly has it’s flaw. From my personal experience, REAL ESTATE BROKER earns the most.
I made $560,000 in a year.
Average monthly – $40K to $120K
Enough said
So, Desmond, what about the average real estate broker? Does everyone else make as much as you?
I think this is misleading as the medicos salary is computed as base pay and medics hardly ever (if ever!) get bonuses. It would be much more meaningful to publish annual income with bonuses included, and to give the 50th rather than 75th percentile.
Also, why only specify specialist surgeons and what exactly do the mean by “general physicians”? It is a rather vague term which can be variously interpreted as either any internal medicine specialist (e.g. cardiologist, neurologist, endocrinologist etc.), internal medicine specialists specializing in general internal medicine (unlikely since there are only about 30+ in Singapore and they’re not very well paid, and I find it hard to believe they are paid more than anethesiologists, radiologists and other procedurists), GPs, or something else altogether.
Danny,
Interns get about $48,000 a year. As for surgeons, it takes a rather long time to actually become one. , since there’s one year internship, typically 2 years residency as an RMO, then 6 years of full time training assuming your offspring passes all his/her exams the first time round, which statistically speaking is unlikely. Note that more popular surgical specialties like cardiothoracic surgery and ophthalmology would usually take 4 years of residency/unaccredited registrar work just to become a registrar.
Regarding the ship master on the rank 80 of S$ 4945, I am sure this salary is of 1993 (15 years back). Now the salary of ship master for Filipino, my company is paying USD 7,500 per month, equivalent to S$10,875 per month.
While for Singaporean and Malaysian, we are paying USD 9,500 per month, equivalent to S$13,775. One year work 8 months onboard and rest 4 months. Salary 12 months + 1 month AWS + 3 months bonus. If include bonus and AWS, it will come to S$18,366 per month for Singaporean and Malaysian. This salary is apply to container ship, tankers and AHT. For chemical tanker and LNG, salary will be 30% higher. Further, working onboard Singapore flag ship, all salary is tax exempted. I am welcome more Singaporean to go to sailing.
I would like to know more details about no:96 sivil Engineer job.
thanking you
Is Getting An Accountant Job Without An ACCA Cert Really Impossible? LoL
And Whats The Difference Between Accountant And Auditor? I’m Having A Misconception..
1st question: Yes
2nd question: You can be an auditor without ACCA/accounting cert, but not the other way
i cannot believe General Physicians get this much…my husband and I encountered one that does not even know how to spell amoebiasis!!!
well, why the hell would you want your doctor to SPELL amoebiasis? are they paid to teach you English or what?
to madmax…for your information,the doctor asked us to spell amoebiasis for him…the stupid GP doesnt know the spelling!!!
Yup i agree, it is quite awkward he can’t spell a medical term.
But i would gauge my doctor’s skills more on his bedside manner and accuracy of diagnosis and treatment rather than merely spelling ability.
also i don’t think that they earn that much money anyway.. another posting on this site says they earn 4-5k/ mth.
was kind of hoping the admin would enlighten me on both the starting and gross monthly income of a veterinarian in singapore as well as the salary of vets at the 75th percentile. Thx a million!
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Dear aspiring vet, I’m sorry but I couldn’t find a vet-related job title among the 400+ listed in MOM’s report. I’ve forwarded your query to our newly launched discussion forums so it gets more attention:
http://forums.salary.sg/income-jobs/472-top-100-jobs-singapore-4.html#post3940
Meanwhile, if you manage to get any additional info, appreciate if you could share with us. Thanks!
Hi all, what about designers?
Architect, industrial designers, fashion designers, design manager and others along this line?
i miss ronaldo.. bring back some fun and laughter please..
How about Race-Horse Jockey..? I thought they are well paid and i didn’t see their position here…??
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