I have two lists this year – one for the top jobs across all industries and a separate one specifically for the financial services industry, just to show how skewed the numbers are.
This is the 2009 edition of my annual list(s) of the best 100 jobs in terms of pay (see last year’s edition).
The lists are compiled based on data from the MOM Report on Wages in Singapore 2008.
As with previous years, the numbers reported in the MOM survey excludes performance bonuses, profit sharing and stock options. Even though it’s called a “survey”, actual CPF data is used.
To generate the first list, I look at the third-quartile monthly gross wages of the selected jobs in all industries. Explanation: if you’re at the third-quartile, or 75th-percentile, your pay is higher than 75% of the people.
Here’s the top 100 best-paying jobs across all industries (see also second list below, which is specific to the finance industry):
- Specialised surgeon – $27,977
- Managing director – $26,444
- Personal banker – $20,238
- Commodities futures broker – $19,098
- General manager – $18,068
- Foreign exchange dealer and broker – $17,383
- Company director – $16,025
- Finance sales associate professional – $15,833
- Fund manager – $12,634
- Risk management manager – $12,200
- Treasury manager – $12,000
- Financial futures dealer and broker – $11,667
- Legal service manager – $11,531
- Advocate and solicitor – $11,147
- Business management consultant – $11,000
- Operations manager (Finance) – $10,471
- Legal officer – $10,417
- Computer operations and network manager – $10,238
- Training manager – $10,100
- Corporate planning manager – $9,850
- Computer and information systems manager – $9,800
- Business development manager – $9,770
- Research and development manager – $9,627
- Engineering manager – $9,268
- Sea traffic controller – $9,088
- Marketing manager – $8,917
- Lawyer (except advocate and solicitor) – $8,800
- Budgeting and financial accounting manager – $8,727
- Customer service manager – $8,635
- Personnel / Human resource manager – $8,500
- Technical manager – $8,500
- Quality assurance manager – $8,480
- Procurement manager – $8,400
- Naval architect – $8,300
- University lecturer – $8,282
- Creative director (Advertising) – $8,050
- Sales manager – $8,050
- Chemical engineer (Petroleum) – $7,991
- Chemical engineer (Petrochemicals) – $7,939
- Manufacturing plant and production manager – $7,934
- Instrumentation engineer – $7,831
- Logistics manager – $7,745
- Structural engineer – $7,295
- Network systems and data communication analyst – $7,293
- Advertising and public relations manager – $7,282
- Premises maintenance manager – $7,260
- Information technology security specialist – $7,110
- Chinese physician – $7,043
- Aeronautical engineer – $7,022
- Shipping manager – $7,000
- Business analyst – $6,997
- Medical scientist – $6,875
- Librarian – $6,842
- Property / Estate manager – $6,780
- Financial analyst – $6,667
- Operations manager (Commerce) – $6,660
- Editor (Radio, television and video) – $6,515
- Credit analyst – $6,475
- Database administrator – $6,417
- Computer engineer – $6,407
- Marine superintendent engineer – $6,387
- Transport operations manager – $6,377
- Administration manager – $6,350
- Building and construction project manager – $6,200
- Flight operations officer – $6,157
- Sales representative (Technical) – $6,100
- General physician – $6,085
- Information technology auditor – $6,048
- Securities dealer and broker – $6,000
- Market research analyst – $5,834
- Clearing and forwarding agent – $5,800
- Power generation and distribution engineer – $5,790
- Chemical engineer – $5,708
- Industrial health, safety and environment engineer – $5,700
- Automotive engineer – $5,670
- Chemical engineering technician (Petroleum) – $5,647
- Operations research analyst – $5,611
- Chemical engineering technician (Petrochemicals) – $5,609
- Chief / executive cook – $5,600
- Warehousing manager – $5,550
- Building architect – $5,500
- Systems designer and analyst – $5,500
- Application programmer – $5,495
- Pharmacologist – $5,475
- Speech therapist – $5,407
- Semi-conductor engineer – $5,360
- Stationary plant supervisor and general foreman – $5,353
- Treasury officer – $5,350
- Ship-master – $5,301
- Software engineer – $5,281
- Industrial machinery and tools engineer – $5,250
- Sales representative – $5,237
- Hotel service manager – $5,170
- Production engineer – $5,165
- Network and computer systems administrator – $5,159
- Telecommunications engineer – $5,100
- Advertising copywriter – $5,000
- Civil engineer – $5,000
- Environment health inspector – $5,000
- Soil mechanic and piling engineer – $4,980
This second list contains the best-paying jobs in the financial industry. Compare the top numbers here with those above:
- Managing director – $48,000
- Company director – $23,500
- Legal officer – $23,033
- Personal banker – $20,238
- General manager – $19,700
- Foreign exchange dealer and broker – $17,595
- Lawyer (except advocate and solicitor) – $17,500
- Finance sales associate professional – $15,833
- Fund manager – $13,107
- Risk management manager – $13,000
- Computer operations and network manager – $12,762
- Engineering manager – $12,718
- Treasury manager – $12,000
- Financial futures dealer and broker – $11,667
- Quality assurance manager – $11,500
- Sales manager – $11,367
- Corporate planning manager – $10,969
- Training manager – $10,834
- Legal service manager – $10,797
- Operations manager (Finance) – $10,486
- Personnel / Human resource manager – $9,940
- Business development manager – $9,918
- Auditor (Accounting) – $9,750
- Market research analyst – $9,750
- Computer and information systems manager – $9,392
- Budgeting and financial accounting manager – $9,300
- Business management consultant – $9,167
- Marketing manager – $9,000
- Customer service manager – $8,342
- Software engineer – $8,309
- Database administrator – $8,300
- Premises maintenance manager – $8,175
- Operations manager (Commerce) – $8,000
- Network systems and data communication analyst – $7,762
- Administration manager – $7,711
- Credit analyst – $7,584
- Business analyst – $7,500
- Financial analyst – $7,500
- Property / Estate manager – $7,300
- Information technology security specialist – $7,084
- Network and computer systems administrator – $6,713
- Application programmer – $6,463
- Systems designer and analyst – $6,272
- Securities dealer and broker – $6,000
- Advertising and public relations manager – $5,811
- Corporate planning / affairs executive – $5,500
- Executive secretary – $5,417
- Treasury officer – $5,350
- Accountant – $4,900
- Civil engineer – $4,841
- Computer systems operator – $4,724
- Actuary – $4,590
- Training officer – $4,583
- Credit officer – $4,520
- Personnel / Human resource officer – $4,520
- Systems programmer – $4,450
- Sales and marketing executive – $4,428
- Management executive – $4,275
- Public relations officer – $4,217
- Bank officer – $4,167
- Insurance sales agent and broker – $4,063
- Graphic designer – $4,004
- Property management executive – $4,000
- Accounts executive – $3,896
- Operations executive – $3,860
- Secretary – $3,835
- Appraiser and valuer – $3,800
- Insurance underwriter – $3,666
- Clerical supervisor – $3,660
- Mechanical engineer – $3,638
- Personnel / Human resource clerk – $3,531
- Customer service executive – $3,461
- Chauffeur – $3,341
- Fire and safety officer – $3,225
- Legal clerk – $3,200
- Billing clerk – $3,042
- Data processing control clerk – $2,909
- Customer service clerk – $2,742
- Cashier – $2,643
- Ledger and accounts clerk – $2,583
- Marketing clerk – $2,550
- Office clerk – $2,481
- Bank clerk – $2,441
- Insurance / Underwriting clerk – $2,399
- Bank teller – $2,307
- Receptionist – $2,300
- Securities clerk – $2,119
- Office / Library attendant – $1,941
- Building maintenance worker – $1,901
- Storekeeper – $1,643
As noted by some people previously, pilots, military jobs, top civil service posts and political appointments are not included in the MOM survey. Does anyone know why?
126 Comments
I am a Business Librarian in an academic institution; I have been working as a Librarian for 16 years. My gross monthly salary, if I include the 13th month bonus and exclude any other extras, is $4,900.
Those Salaries Are Annually or Monthly??
Tbh,
Im 25 in investment banking and your pay for market research analyst is just about right. Whatever others say, ur pay for the financial industry isnt far off. The lowest 25% (entry level) earns about there. Depending on the bank. So yeah. Keep up the good work. Im not shitting you.
Most in finance are not Singaporeans as there is a preference for Malaysians Sg PR(60%), 20% foreigners and Singaporeans 20%. This is to retain the scam within the industry as the whole nation is forced to invest through them by the artificially created low interest rates.
Fleecing the nation.
They have held back the jobs from locals and are waiting for their kids to gain the 10 year experience for some credibility to set up funds.
Be aware.