JobStreet Salary Report 2020 - Singapore Benchmarks and Talent Motivators
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
1
JobStreet
Salary Report
2020
Singapore Benchmarks and Talent Motivators
Singapore | Salary Report 20201
About the This guide has been compiled to provide companies and employers with
a guide on how to value talent across various industries and levels of
JobStreet experience, as well as understand the job market better. Actual figures
for various specialisations and positions will vary based on internal and
Salary Guide external factors, such as company practises, market demand and supply,
and candidates’ skills and expertise.
Salary Guide The Salary Guide Methodology is based on the average salaries from all
full-time jobs posted on JobStreet Singapore in 2019. All salaries have been
Methodology extracted from job ads posted directly by companies. Salaries posted on
job ads from recruitment firms, as well as part-time and internship positions
have been excluded.
The Laws of The Laws of Attraction are a series of insights drawn from JobStreet’s
comprehensive study of more than 7,000 candidates across 20 industries
Attraction in Singapore. It aims to provide employers with in-depth insights into what
factors drive talent to choose to work in certain professions, specialisations
and industries. The survey of candidates conducted spans age, gender,
profession, industry, generation, and citizenship.
Disclaimer of Liability This is a JobStreet Publication. No part of this publication may be reproduced in any form
without prior permission from JobStreet. Although steps have been taken to ensure our content’s
accuracy, JobStreet assumes no responsibility for any consequences arising from errors and
omissions. The views and opinions expressed in this book do not necessarily reflect the views of
JobStreet.
Singapore | Salary Report 20202
Table of 03 Salaries in Singapore
• Income across Singapore
Contents 04 Top 5 Incomes by Industry
04 Top 6 Growth Specialisations
05 Income by Gender
06 Salaries in Singapore by Grouped Specialisation
• Entry-Level
• Junior Executive
• Senior Executive
• Manager
• Senior Manager
12 Salaries by Level and Specialisation
• Entry-Level
• Junior Executive
• Senior Executive
• Manager
• Senior Manager
Singapore | Salary Report 20203
Salaries in Candidates employed across various industries, specialisations and job levels
in Singapore experienced some fluctuations in base salary levels across 2019.
Singapore Despite an initial optimistic outlook, economic uncertainties across 2019 saw a
slowed global economy, which was maintained heading into 2020. This level of
caution regarding hiring and compensation packages is likely to continue, given
the global economic impact of the ongoing COVID-19 pandemic.
JobStreet’s Salary Report 2020 has compiled annual average incomes in
Singapore from two sources: one directly from job ads and notices put out by
companies, and from respondents across a variety of industries in Singapore,
who declared their salaries when prompted about it.
We have captured figures that detail average monthly incomes across
industries, experience levels, and gender.
Income Overall, the majority of candidates are earning between $ 2,000 - 3,999 per
month, according to JobStreet’s Laws of Attraction Singapore data. These
across figures are self-supplied and are indicative of how much candidates — who
responded to salary-specific questions in the Laws of Attraction questionnaire
Singapore — are earning.
The largest proportion of respondents earn between $ 2,000 and $ 3,999 per
month, while a third of respondents earn between $ 4,000 and $ 6,999.
Average monthly income earned by Singaporeans in 2019
(self-supplied, SGD)
Below $ 2,000 405 (7.21%)
$ 2,000 - $ 3,999 2,084 (37.11%)
$ 4,000 - $ 6,999 1,848 (32.91%)
$ 7,000 - $ 9,999 749 (13.34%)
Above $ 10,000 530 (9.44%)
Singapore | Salary Report 20204
Top 5 Candidates in the Computer and Information Technology (Hardware) industry
reported the highest average monthly salary during 2019, with candidates
Incomes earning $ 7,155.56.
by Industry Average Monthly Salary
Industry
(SGD)
Computer / Information Technology
$ 7,155.56
(Hardware)
Consulting
$ 6,980.20
(IT, Science, Engineering and Technical)
Computer / Information Technology
$ 6,883.06
(Software)
Banking / Financial Services / Insurance $ 6,758.66
Semiconductor / Wafer Fabrication $ 6,752.94
Top 6 Growth These are the specialisations that displayed the most growth in terms of salary
increment. These average monthly salaries in this section are earned between
Specialisations 2018 and 2019, and measured over the first six months of the year.
The following table accounts for the top specialisations, which corresponds to
a position level.
It can be observed that Senior Managers in the Building and Construction and
Healthcare specialisations saw the highest increase in average monthly salary
— an 18% hike between 2018 and 2019.
Average Average
Grouped Monthly Salary Monthly Salary % Change
Position Level
Specialisations (2018, SGD) (2019, SGD) in Salary
Computer and IT Entry-Level $ 2,860 $ 3,221 13%
Education and
Junior Executive $ 3,138 $ 3,378 8%
Training
Building and
Senior Executive $ 3,894 $ 4,300 10%
Construction
Engineering Manager $ 6,097 $ 6,423 5%
Building and
Senior Manager $ 7,944 $ 9,338 18%
Construction
Healthcare Senior Manager $ 8,706 $ 10,263 18%
Singapore | Salary Report 20205
Income by Across all levels of seniority, women are consistently paid less than men in
Singapore. While the difference in salary reduces as women rise to senior
Gender positions, the difference in pay between men and women at the beginning
of their careers is the widest, with women being paid 13.7% lower than their
male counterparts.
Average Monthly Average Monthly
Seniority Difference (%)
Salary (Male, SGD) Salary (Female, SGD)
Intern/ First job/ Fresh grad $ 2,830.51 $ 2,442.59 -13.70
Junior Executive $ 3,951.15 $ 3,635.10 -8.00
Junior Management $ 5,520.43 $ 5,035.17 -8.79
Mid Management $ 7,204.15 $ 6,916.67 -3.99
Senior Management $ 10,061.20 $ 9,868.10 -1.92
Singapore | Salary Report 20206
Salaries in Singapore
With The Highest Annual
Growth or Decline, by
Grouped Specialisation
This section compares the average monthly salaries earned between 2018 and
2019, measured over the first six months of the year. It tracks which specialisations
saw the most growth or suffered the greatest decline across all levels of experience.
Singapore | Salary Report 20207
In terms of salary increments, Entry-Level Computer and IT Executives
Entry-Level enjoyed the highest increase in average monthly pay (13%) compared to other
specialisations. Those entering the Education specialisation also saw a salary
raise of 10% between 2018 and 2019. However, new entrants to Building and
Construction saw their monthly salaries shrink by 6% between 2018 and 2019.
Average monthly salaries and percentage changes for all grouped specialisations in Singapore
Grouped Average Monthly Salary Average Monthly Salary % Change in
Specialisations (2018, SGD) (2019, SGD) Salary
Accounting and Finance $ 2,657 $ 2,977 12%
Admin and HR $ 2,415 $ 2,535 5%
Arts, Media and Comms $ 2,500 $ 2,526 1%
Building and Construction $ 2,947 $ 2,784 -6%
Computer and IT $ 2,860 $ 3,221 13%
Education and Training $ 2,550 $ 2,801 10%
Engineering $ 2,648 $ 2,751 4%
Healthcare $ 2,907 $ 3,005 3%
Hospitality and F&B $ 2,165 $ 2,151 -1%
Manufacturing $ 2,319 $ 2,400 4%
Sales and Marketing $ 2,774 $ 2,742 -1%
Science $ 2,593 $ 2,602 0%
Services $ 2,517 $ 2,449 -3%
Job Drivers for Singapore’s Top Drivers
1
Entry-Level Executives of Attraction: Salary/
Salary is everything for Entry-Level Entry-Level Executives Compensation
candidates. However, they are also
concerned about work-life balance
2
and their career progression. In fact,
employees entering an industry or Work-life
specialisation for the first time are
far more concerned about career Balance
and development opportunities as
compared to other levels of seniority.
3
Career/
Development
Opportunities
When hunting for a job, Entry-Level candidates say they would require a 30.5%
hike in salary. This is higher than the industry average of 22.4%.
Singapore | Salary Report 20208
Between 2018 and 2019, we see that Junior Executives in the Education and
Junior Training specialisation enjoyed the greatest hike in average monthly salary, at
Executive 8%. However, those working in the Healthcare specialisation saw a massive
dip of 22% between their 2018 and 2019 average monthly wages.
Average monthly salaries and percentage changes for all grouped specialisations in Singapore
Grouped Average Monthly Salary Average Monthly Salary % Change in
Specialisations (2018, SGD) (2019, SGD) Salary
Accounting and Finance $ 3,376 $ 3,450 2%
Admin and HR $ 2,917 $ 3,040 4%
Arts, Media and Comms $ 3,015 $ 3,100 3%
Building and Construction $ 3,103 $ 3,189 3%
Computer and IT $ 3,690 $ 3,595 -3%
Education and Training $ 3,138 $ 3,378 8%
Engineering $ 3,412 $ 3,449 1%
Healthcare $ 4,698 $ 3,668 -22%
Hospitality and F&B $ 2,581 $ 2,620 2%
Manufacturing $ 3,123 $ 3,160 1%
Sales and Marketing $ 3,123 $ 3,187 2%
Science $ 3,403 $ 3,467 2%
Services $ 2,991 $ 3,063 2%
Job Drivers for Singapore’s Top Drivers
1
Junior Executives of Attraction: Salary/
While salary is the top deciding Junior Executives Compensation
factor for Junior candidates
seeking employers, money is not
2
everything. Obtaining work-life
balance between personal and Work-life
professional lives is also imperative
to them, as well as the assurance Balance
that their careers will remain intact.
Job Security
3
When hunting for a job, the minimum salary increment quoted by Junior
Executives for a salary hike is 58.4%. This is higher than the industry average
of 22.4%.
Singapore | Salary Report 20209
Building and Construction talent, especially those working in Senior Executive
Senior positions, saw the greatest jump in average monthly salaries between 2018 and 2019,
Executive enjoying a 10% increment. Following closely are the salaries of Senior Executives in
the Education and Training specialisation who saw an 8% jump in 2019. The salaries
of Healthcare professions saw the largest year-on-year decline at 7%.
Average monthly salaries and percentage changes for all grouped specialisations in Singapore
Grouped Average Monthly Salary Average Monthly Salary % Change in
Specialisations (2018, SGD) (2019, SGD) Salary
Accounting and Finance $ 4,376 $ 4,613 5%
Admin and HR $ 3,937 $ 3,958 1%
Arts, Media and Comms $ 3,824 $ 4,007 5%
Building and Construction $ 3,894 $ 4,300 10%
Computer and IT $ 4,834 $ 4,979 3%
Education and Training $ 3,952 $ 4,272 8%
Engineering $ 4,620 $ 4,727 2%
Healthcare $ 5,338 $ 4,975 -7%
Hospitality and F&B $ 3,242 $ 3,359 4%
Manufacturing $ 3,988 $ 4,174 5%
Sales and Marketing $ 4,038 $ 4,064 1%
Science $ 4,718 $ 4,803 2%
Services $ 4,335 $ 4,179 -4%
Job Drivers for Singapore’s Top Drivers
1
Senior Executives of Attraction: Salary/
Apart from an attractive Senior Executives Compensation
compensation package, Senior
Executives care about qualitative
2
aspects, such as career
development opportunities to boost Work-life
their professional lives. They also
seek employers who can enforce Balance
proper work-life balance.
3
Career/
Development
Opportunities
On average, Senior Executives across Singapore say they would prefer a salary
hike of 43.9% in order to move to another job.
Singapore | Salary Report 202010
Managers in the Engineering specialisation enjoyed a 5% rise in average
monthly salaries, observed between 2018 and 2019. Education and Training
Manager Managers observed the next greatest annual increase in average monthly pay,
at 4%. Science Managers on the other hand, saw a 5% year-on-year dip in
average monthly salaries for the same time period.
Average monthly salaries and percentage changes for all grouped specialisations in Singapore
Grouped Average Monthly Salary Average Monthly Salary % Change in
Specialisations (2018, SGD) (2019, SGD) Salary
Accounting and Finance $ 6,284 $ 6,294 0%
Admin and HR $ 5,384 $ 5,444 1%
Arts, Media and Comms $ 5,128 $ 5,211 2%
Building and Construction $ 5,518 $ 5,464 -1%
Computer and IT $ 6,421 $ 6,539 2%
Education and Training $ 5,275 $ 5,487 4%
Engineering $ 6,097 $ 6,423 5%
Healthcare $ 6,508 $ 6,498 0%
Hospitality and F&B $ 3,999 $ 3,860 -3%
Manufacturing $ 5,750 $ 5,875 2%
Sales and Marketing $ 5,275 $ 5,317 1%
Science $ 6,444 $ 6,154 -5%
Services $ 5,795 $ 5,987 3%
Job Drivers for Singapore’s Top Drivers
1
Managers of Attraction: Salary/
Managers in Singapore are attracted Managers Compensation
to employers who can provide
them with more than just a sizeable
2
paycheck. Work-life balance is
crucial to Managers, as they seek Work-life
harmony between work and leisure.
They also want to feel reassured Balance
about the certainty of their jobs in
the future.
Job Security
3
On average, talent occupying Managerial positions would ask for a 16.8%
salary hike when switching to another job.
Singapore | Salary Report 202011
Senior Managers in the Building and Construction and Healthcare specialisations
Senior saw a whopping 18% year-on-year increase in their average monthly salaries,
Manager observed between 2018 and 2019. Senior Manufacturing Managers, however, saw
their average monthly salaries dip by 12% during the same time period. Senior
Managers in the Arts, Media and Comms specialisations also experienced an 8%
year-on-year reduction in their average monthly salaries between 2018 and 2019.
Average monthly salaries and percentage changes for all grouped specialisations in Singapore
Grouped Average Monthly Salary Average Monthly Salary % Change in
Specialisations (2018, SGD) (2019, SGD) Salary
Accounting and Finance $ 9,222 $ 9,594 4%
Admin and HR $ 9,410 $ 9,235 -2%
Arts, Media and Comms $ 7,758 $ 7,152 -8%
Building and Construction $ 7,944 $ 9,338 18%
Computer and IT $ 9,087 $ 9,698 7%
Education and Training $ 7,081 $ 7,278 3%
Engineering $ 9,949 $ 9,486 -5%
Healthcare $ 8,706 $ 10,263 18%
Hospitality and F&B $ 6,364 $ 6,309 -1%
Manufacturing $ 9,113 $ 8,007 -12%
Sales and Marketing $ 8,354 $ 8,700 4%
Science $ 10,011 $ 9,264 -7%
Services $ 8,529 $ 9,159 7%
Job Drivers for Singapore’s Top Drivers
1
Senior Managers of Attraction: Salary/
Senior Managers are attracted Senior Managers Compensation
to companies offering a meaty
compensation package because they
2
possess the skills and experience
to command such numbers. They Work-life
are also keen to watch their careers
soar to the next level and are willing Balance
to take up exciting professional
opportunities – as long as they
3
can balance their personal and Career/
professional lives.
Development
Opportunities
When changing jobs, Senior Managers asked for a 16.2% increase in salary –
this is the average hike they are willing to accept and is lower than the overall
average of 22.4%.
Singapore | Salary Report 202012
Salaries by Level
and Specialisation:
Entry-Level
This is a breakdown of the 2019 average monthly salaries offered
to talent working across various specialisations in Singapore,
measured over the first six months of the year.
The figures are further divided into job functions commonly held
by Entry-Level Executives.
Singapore | Salary Report 202013
Accounting Accounting and Finance
Average Monthly
Salary (SGD)
and Finance Banking/Financial Services $ 3,552
Finance - Audit/Taxation $ 3,124
Finance - Corporate Finance/Investment/
$ 3,729
Merchant Banking
Finance - General/Cost Accounting $ 2,446
Top Drivers of Attraction Accounting
Career/
1 Job Security
2 Development
Opportunities 3 Salary/
Compensation
Finance
Career/
1 Development
Opportunities 2 Salary/
Compensation 3 Work-life Balance
Candidates working in the Accounting specialisation who are either interns
or starting their careers value job security above all, as well as ample career
development opportunities.
Working in a permanent role in a financially secured and established company
is important to 55.6% of Entry-Level candidates in Accounting. In terms of
work-life balance, Accounting interns (52.2%) greatly value being paid overtime
for their extra efforts. Promotions matter the most to 53.8% of new entrants in
the specialisation.
Did You Know?
Finance employees are most interested in furthering their careers. However, an
Those working in these attractive salary package which accompanies a harmonious balance between
specialisations value working work and life is also important to them.
with respectful and fun
colleagues who are willing to 42.1% of Entry-Level Finance talent value promotions, with 42.9% expecting to
cooperate and collaborate with be paid a guaranteed bonus irrespective of performance. 65.4% of Entry-Level
them for work assignments. Finance Executives want employers to provide them with compensation for
overtime pay.
Singapore | Salary Report 202014
Admin Admin and HR
Average Monthly
Salary (SGD)
and HR Clerical/Administrative Support $ 2,487
Corporate Strategy/Top Management $ 3,200
HR $ 2,613
Secretarial/Executive and Personal Assistant $ 2,413
Top Drivers of Attraction Admin
1 Salary/
Compensation 2 Work-life Balance
3 Job Security
HR
Career/ Work-life Balance
1 Development
Opportunities 2 Job Security
3 and Salary/
Compensation
Salary matters greatly to fresh entrants in the Admin specialisations – but
it is not the only thing they expect from their jobs. Job security and a good
balance between work and play, are also important.
Did You Know? For 40.5% of Entry-Level Admin talent, receiving a contract completion
bonus, especially for those in contract positions, is a must. 64.3% of those
Retirement benefits matter in the HR specialisation want a guaranteed bonus regardless of company or
greatly to 55.2% of Entry-Level personal performance.
Admin Executives, while 50% of
Entry-Level HR Executives want Over half (56.7% and 63.2%) for Admin and HR candidates say receiving
medical coverage for themselves compensation for extra work after-hours or on holidays is a must, while
and their families. 48.6% of Admin Executives and 33.3% in the HR specialisation want to
work for a company that is established and financially secure.
Singapore | Salary Report 202015
Arts, Media Arts, Media and Comms
Average Monthly
Salary (SGD)
and Comms Advertising/Media Planning $ 3,128
Arts/Creative/Graphics Design $ 2,320
Entertainment/Performing Arts $ 2,228
Public Relations/Communications $ 2,647
Publishing/Printing $ 2,157
Top Drivers of Attraction Career/
1 Development
Opportunities 2 Work-life Balance
3 Salary/
Compensation
Did You Know?
44.4% of Entry-Level Arts, Apart from salary, Arts and Media talent starting their careers are
Media, and Comms talent concerned about work-life balance and career development opportunities.
expect to receive additional One third (33.3%) of fresh hires in the Arts and Media specialisation expect a
leave and retirement benefits performance-based bonus, and 50% want their employers to observe a
from employers. no-work rule during weekends and holidays, while 46.7% look forward to
on-the-job coaching and skill development.
Building and Building and Construction
Average Monthly
Salary (SGD)
Construction Architecture/Interior Design $ 2,676
Property/Real Estate $ 2,877
Top Drivers of Attraction
1 Salary/
Compensation 2 Work-life Balance
3 Location of
the Job
Did You Know?
Entry-Level talent in the Building and Construction specialisation care the
Construction and Building talent most about salary. However, they want to work for employers with sound
seek structure and regularity in policies promoting work-life balance. The location of their workplace also
their daily timetable. 60% of matters to them.
Entry-Level talent say that being
able to work a five-day work is a Half of new Building and Construction entrants expect contract completion
“must.” bonuses, while 80% want flexible working hours. Additionally, 50% of new
talent also want to work in places accessible to public transport.
Singapore | Salary Report 202016
Computer and Computer and IT
Average Monthly
Salary (SGD)
IT (Hardware IT/Computer – Hardware $ 2,526
and Software) IT/Computer - Network/System/Database
$ 3,036
Admin
IT/Computer – Software $ 3,773
Top Drivers of Attraction Computer and IT
(Hardware)
Career/
1 Salary/
Compensation 2 Job Security
3 Development
Opportunities
Computer and IT
(Software)
Career/
1 Work-life Balance
2 Salary/
Compensation 3 Development
Opportunities
Entry-Level talent in the Computer and IT specialisations (Hardware and
Software) consider salary to be their top consideration. However, candidates
in both disciplines value career development opportunities which boost their
professional profiles and want to keep their work and personal lives separate.
Job security matters greatly to Entry-Level Hardware specialists.
Did You Know? 83.3% of Entry-Level talent in Hardware value insurance protecting life, health
and income, while 42.1% of those specialising in Software expect a guaranteed
A quarter of Entry-Level bonus regardless of personal or company performance.
Computer and IT Executives
want to work for a company with Employees in both IT Hardware and Software value promotion opportunities
an excellent reputation for health (55.6% and 41.7% respectively), while 43.5% of Software specialists want
and safety. employers to reward their extra hours with money. For 38.5% of Entry-Level
Hardware specialists, working in an established company is a must.
Singapore | Salary Report 202017
Education Education and Training
Average Monthly
Salary (SGD)
and Training Education $ 2,884
Training and Development $ 2,726
Top Drivers of Attraction
1 2 3
Salary/ Career/
Compensation Work-life Balance Development
Opportunities
Those starting out in the Education and Training specialisation care most about
finding employers with policies promoting work-life balance. Apart from an
Did You Know? attractive salary package, they are also interested in opportunities which take
their careers to the next level.
For 38.1% of Entry-Level
Education and Training talent, Nearly half of Education and Training entrants want to be offered a five-day
working in an organisation with a work-week schedule. More than half (55.6%) are interested in receiving a
“positive” culture is important. guaranteed bonus irrespective of company performance, while 50% want to
boost their careers with promotion opportunities.
Engineering Engineering
Average Monthly
Salary (SGD)
Engineering – Chemical $ 2,644
Engineering - Civil/Construction/Structural $ 2,687
Engineering – Electrical $ 2,681
Engineering - Electronics/Communication $ 2,777
Engineering - Environmental/Health/Safety $ 2,746
Engineering – Industrial $ 2,717
Engineering – Mechanical/Automotive $ 2,608
Engineering – Oil/Gas $ 2,587
Engineering – Others $ 3,094
Top Drivers of Attraction
1 2 3
Salary/ Career/
Compensation Development Work-life Balance
Opportunities
Entry-Level candidates in the Engineering specialisation have their sights set
on an attractive compensation package above other things. They are interested
in working for employers who can give them the best of both worlds: ample
Did You Know? opportunities to boost their career while keeping the balance between their
personal and professional lives intact.
Nearly a third of Entry-Level
Engineering Executives want to 45.5% of Engineering talent want employers to provide protection for their
work for a company with a high health, life, and income, while 50% are interested in promotion opportunities to
staff retention rate. boost their professional careers. 59.3% want to be rewarded for the extra work
they put in on holidays and off days.
Singapore | Salary Report 202018
Healthcare Healthcare
Average Monthly
Salary (SGD)
Healthcare - Doctor/Diagnosis $ 4,587
Healthcare - Nurse/Medical Support and
$ 2,750
Assistant
Healthcare – Pharmacy $ 2,287
Top Drivers of Attraction
1 2 3
Career/ Salary/
Development Work-life Balance Compensation
Opportunities
For Entry-Level Healthcare Executives, career development opportunities
Did You Know? trump all other professional considerations. However, they do take into account
the salary package and work-life balance measures their employer has to offer.
35.7% of Entry-Level Healthcare
Executives expect to be recognised In fact, 78.6% of new entrants to the Healthcare specialisation want employers
for their work in the form of a long to value their time in the form of compensation for extra work done after office
service award and incentive. hours. Insurance covering health, work, and life is crucial to 58.6% of new
talent, while 59.3% seek promotion opportunities.
Hospitality Hospitality and F&B
Average Monthly
Salary (SGD)
and F&B Food/Beverage/Restaurant Service $ 2,197
Hotel Management/Tourism Services $ 2,069
Top Drivers of Attraction Hospitality
1 Salary/
Compensation 2 Work-life Balance
3 Job Security
F&B
1 Work-life Balance
2 Salary/
Compensation 3 Job Security
For those starting their careers in the Hospitality and F&B specialisations, work-life
balance and salary trumps all other professional considerations. Candidates are
also concerned about job security.
Did You Know?
Being financially rewarded for extra work done during public holidays and off
For 45% of Entry-Level Hospitality days is important to talent in both specialisations (45.8% for F&B, and 81% for
Executives, on-the-job training Hospitality). A large number of F&B and Hospitality talent (44% and 47.1%) expect
and skill development is a “must”. to be provided with a guaranteed bonus, while 34.6% and 63.2% of Entry-Level
Executives in F&B and Hospitality respectively want a permanent role.
Singapore | Salary Report 202019
Manufacturing Manufacturing
Average Monthly
Salary (SGD)
Maintenance/Repair (Facilities and Machinery) $ 2,380
Manufacturing/Production Operations $ 2,320
Process Design and Control/Instrumentation $ 2,883
Quality Control/Assurance $ 2,384
Quantity Surveying $ 2,830
Top Drivers of Attraction
1 2 3
Career/
Job Security Development Salary/
Opportunities Compensation
Entry-Level candidates in the Manufacturing specialisation are drawn to
employers who can provide them with the most opportunities to nourish their
Did You Know? careers. They are also concerned about job security and drawing a good
monthly salary.
Over two-thirds of Entry-Level
Manufacturing Executives want On-the-job coaching and skill development is important to 71.4% of new talent
compensation for overtime and in the Manufacturing specialisation, who see it as a stepping stone to better
work done on public holidays. careers, while 45.8% of candidates want to work for an established company.
64.3% are concerned about receiving insurance for health, income and life.
Singapore | Salary Report 202020
Sales and Sales and Marketing
Average Monthly
Salary (SGD)
Marketing Digital Marketing $ 2,455
E-commerce $ 2,511
Marketing/Business Development $ 2,753
Merchandising $ 2,146
Sales - Corporate $ 2,752
Sales - Engineering/Technical/IT $ 3,699
Sales - Financial Services
$ 3,069
(Insurance, Unit Trust, etc)
Sales - Retail/General $ 2,538
Sales - Telesales/Telemarketing $ 2,525
Top Drivers of Attraction Sales
1 Salary/
Compensation 2 Work-life Balance
3 Job Security
Marketing
Career/
1 Work-life Balance
2 Salary/
Compensation 3 Development
Opportunities
An attractive remuneration package is a highly attractive professional perk to
Entry-Level candidates in the Sales and Marketing specialisations. However,
they also care deeply about work-life balance.
For new Marketing talent, accessing ample career development opportunities
to boost their professional growth, is a must, while Entry-Level talent in the
Sales specialisation want to feel secure about their jobs.
Talent from both specialisations (50% for Sales and 71.4% for Marketing
candidates) want to be provided with insurance covering health,
income, and life, while 38.5% of new Marketing talent are interested in
Did You Know? promotion opportunities.
Nearly 60% of Entry-Level Sales Receiving a reasonable number of annual leave entitlement is important to
and Marketing Executives say they candidates in both specialisations (53.3% for Sales and 70.6% for Marketing
want their colleagues to be “fun”. Executives). For 61.1% of Sales executives, working for an established
company is a must.
Singapore | Salary Report 202021
Science Science
Average Monthly
Salary (SGD)
Actuarial Science/Statistics $ 3,906
Agriculture/Forestry/Fisheries $ 2,575
Aviation/Aircraft Maintenance $ 2,230
Biomedical $ 2,432
Biotechnology $ 2,404
Chemistry $ 2,364
Food Technology/Nutritionist $ 2,184
Science and Technology/Laboratory $ 2,588
Within the Science specialisation, Entry-Level Statistics and Actuarial Science
talent commanded the highest average salary of $ 3,906 for 2019. Fresh
graduates specialising in Food Technology and Nutrition received the lowest
salary of $ 2,184 for 2019.
Services Services
Average Monthly
Salary (SGD)
Customer Service $ 2,452
Law/Legal Services $ 2,550
Logistics/Supply Chain $ 2,365
Personal Care/Beauty/Fitness Service $ 2,505
Security/Armed Forces/Protective Services $ 2,323
Social and Counselling Service $ 3,043
Technical and Helpdesk Support $ 2,414
In 2019, Entry-Level Social and Counselling talent earned the highest average
salary of $ 3,043 in the wider Services specialisation. Conversely, those taking
up Security, Armed Forces and Protective Service roles saw the lowest mean
starting salary, at $ 2,323.
Singapore | Salary Report 202022
Salaries by Level
and Specialisation:
Junior Executive
This is a breakdown of the 2019 average monthly salaries offered to
talent working across various specialisations in Singapore, measured
over the first six months of the year.
The figures are further divided into job functions commonly held by
Junior Executives.
Singapore | Salary Report 202023
Accounting Accounting and Finance
Average Monthly
Salary (SGD)
and Finance Banking/Financial Services $ 3,609
Finance - Audit/Taxation $ 3,777
Finance - Corporate Finance/Investment/
$ 3,745
Merchant Banking
Finance - General/Cost Accounting $ 3,024
Top Drivers of Attraction Accounting
1 Salary/
Compensation 2 Work-life Balance
3 Job Security
Finance
Career/
1 Salary/
Compensation 2 Development
Opportunities 3 Work-life Balance
Accounting and Finance talent working as Junior Executives value salary above
all. However, they also hope to strike a reasonable balance between their work
and personal lives and want to feel safe and secure regarding their job and
career progression in general.
Over half (53.2%) of talent in the Accounting specialisation want a guaranteed
bonus, irrespective of company or individual performance. Working for
employers who offer a five-day work-week structure is of great importance
Did You Know? to 70.1% of Accounting employees, while 63.4% of Accounting talent crave
permanence in their jobs.
32.4% of Junior Executive Finance
talent and 35.6% of those in the Apart from salary, Finance candidates in Junior positions expect employers
Accounting specialisation expect to provide them with ample opportunities to take their careers to the next
employers to give them rewards in level. They also value work-life balance. 42% of talent are interested in a
recognition of their hard work and performance-based bonus, while 54.4% expect promotion opportunities. For
dedication. 67.3% of Junior Executives in the Finance specialisation, working a five-day
work week is important.
Singapore | Salary Report 202024
Admin Admin and HR
Average Monthly
Salary (SGD)
and HR Clerical/Administrative Support $ 2,634
Corporate Strategy/Top Management $ 3,773
HR $ 3,062
Secretarial/Executive and Personal Assistant $ 3,405
Top Drivers of Attraction Admin
1 Salary/
Compensation 2 Work-life Balance
3 Job Security
HR
Career/
1 Salary/
Compensation 2 Work-life Balance
3 Development
Opportunities
Junior Executives in the Admin and HR specialisations greatly value an
attractive salary package and a nice balance between work and life. However,
Did You Know? those working in Admin roles seek security from their jobs, while HR
candidates chase career development opportunities.
For 32.5% of Junior Executives
in the Admin specialisation and For 51.8% of Junior candidates in Admin roles, and 58.9% of HR specialists,
32.6% of HR candidates, working receiving insurance protecting health, income and life is key. Nearly two-thirds
in a company with a respectful of Junior Admin and HR candidates want to work a five-day work-week. 53.5%
culture is a must. of Admin talent seek permanent roles, while over half of HR employees seek
promotion opportunities.
Singapore | Salary Report 202025
Arts, Media Arts, Media and Comms
Average Monthly
Salary (SGD)
and Comms Advertising/Media Planning $ 2,992
Arts/Creative/Graphics Design $ 3,157
Entertainment/Performing Arts $ 3,147
Public Relations/Communications $ 3,271
Publishing/Printing $ 2,464
Top Drivers of Attraction Career/
1 Salary/
Compensation 2 Work-life Balance
3 Development
Opportunities
Salary is not the only factor for Junior Executives looking for jobs in the Arts,
Media and Communication specialisation – they also care about maintaining
Did You Know? harmony between their personal and professional lives and want to work for
employers who can boost their professional growth with career development
For 57.4% of Junior Executives opportunities.
in the Arts, Media and Comms
specialisation, a permanent role 56.8% of Junior Executives want to be provided with insurance protecting
in an established and financially life, health, and income, while 78.8% of talent want to be provided with
secure company is a “must”. a reasonable amount of annual leave. Two thirds (66.7%) look forward to
promotion opportunities to boost their careers.
Building and Building and Construction
Average Monthly
Salary (SGD)
Construction Architecture/Interior Design $ 3,159
Property/Real Estate $ 3,227
Top Drivers of Attraction
1 Salary/
Compensation 2 Work-life Balance
3 Job Security
Did You Know?
Junior talent in the Construction specialisation expect their jobs to provide
Junior Executive talent in the them with security and stability. Apart from a high salary they also seek to
Construction specialisation value achieve a balance between their personal and professional selves.
colleagues who are positive
and respectful, with 35.6% and Receiving performance-based bonuses matter to 43.8% of Junior Executives
31.1% of candidates echoing in the Construction and Building specialisation, with 64.7% of talent seeking a
these sentiments. permanent role. 73.7% of Junior talent want to pursue a career with employers
who offer a reasonable number of annual leaves.
Singapore | Salary Report 202026
Computer and Computer and IT
Average Monthly
Salary (SGD)
IT (Hardware IT/Computer – Hardware $ 3,038
and Software) IT/Computer - Network/System/
$ 3,505
Database Admin
IT/Computer – Software $ 4,091
Top Drivers of Attraction
1 Salary/
Compensation 2 Work-life Balance
3 Job Security
Apart from an attractive salary package, Junior Executives in both wings of the
Computer and IT specialisations seek to attain harmony between their personal
and professional lives. Talent in both specialisations value job security.
Junior employees in the Hardware specialisation favour guaranteed bonuses
Did You Know? regardless of personal or company performance (46.4%), while 41.2% of those
in the Software specialisation value contract-completion bonuses, especially if
10.5% and 16% of all candidates they are working in contract positions.
in the Hardware and Software
specialisations have post-graduate Over half of Junior Computer and IT Executives expect a reasonable amount
(master and doctorate) degrees. of annual leave (61.9% for Hardware and 56.9% for Software). 42.3% of
Hardware and 55.6% of Junior Software talent seek permanent roles.
Singapore | Salary Report 202027
Education Education and Training
Average Monthly
Salary (SGD)
and Training Education $ 3,660
Training and Development $ 3,166
Top Drivers of Attraction
1 Work-life Balance
2 Salary/
Compensation 3 Job Security
Junior employees in the Education and Training specialisation consider work-
life balance to be their top priority, and are on the lookout for employers who
can offer them a professional life which does not bleed into the personal. They
Did You Know? also expect a fair compensation package, and assurance from their employers
that their futures are secure.
Over 55% of Junior Executives
in the Education and Training Over 60% of Junior Executive candidates in this specialisation consider being
Specialisation say they want compensated for extra work done on weekends and public holidays a must.
medical coverage for themselves Nearly half (44.1%) of talent expect to receive a guaranteed bonus regardless
and their families. of company performance or talent, while 45.1% seek professional permanence
from their employers.
Engineering Average Monthly
Engineering
Salary (SGD)
Engineering – Chemical $ 3,578
Engineering - Civil/Construction/Structural $ 3,251
Engineering – Electrical $ 3,508
Engineering - Electronics/Communication $ 3,466
Engineering - Environmental/Health/Safety $ 3,504
Engineering – Industrial $ 3,553
Engineering – Mechanical/Automotive $ 3,339
Engineering – Oil/Gas $ 3,549
Engineering – Others $ 3,464
Top Drivers of Attraction
1 2 3
Salary/ Career/
Compensation Development Job Security
Opportunities
Did You Know? Apart from salary, Junior Executives in the Engineering specialisation consider
a slew of other factors when choosing to work for a particular company or
Candidates in this specialisation employer. Candidates consider career development opportunities offered by
are more than willing to put in their employers and need to feel secure about their jobs.
extra hours at work – as long as
they are compensated fairly for Over half of Junior employees (46.9%) expect to be provided with insurance
it. 40% say that compensation covering health, income and life. Promotion opportunities and on-the-job
for work done during holidays or training and skill development are crucial to 47.9% and 40.8% of talent
rest days is a “must”. respectively, while 52.7% want employment at an established and financially-
secure company.
Singapore | Salary Report 202028
Healthcare Healthcare
Average Monthly
Salary (SGD)
Healthcare - Doctor/Diagnosis $ 4,506
Healthcare - Nurse/Medical Support and
$ 3,576
Assistant
Healthcare – Pharmacy $ 3,399
Top Drivers of Attraction
1 2 3
Salary/ Career/
Work-life Balance Compensation Development
Opportunities
Similar to their Entry-Level counterparts, those working in Junior positions
in the Healthcare specialisation gravitate towards employers with policies
that promote a satisfactory balance between the personal and professional.
However, receiving an attractive salary package and working for employers
Did You Know? who can provide attractive career-boosting opportunities is important for them.
Over 30% of Junior Executives in For 67.6% of Junior Executives in the Healthcare specialisation, compensation
the Healthcare specialisation want for overtime work is a must. Receiving an annual guaranteed remuneration
to work with positive colleagues. is important to 44.7% of talent, while 54.8% are looking for promotion
opportunities.
Hospitality Hospitality and F&B
Average Monthly
Salary (SGD)
and F&B Food/Beverage/Restaurant Service $ 2,525
Hotel Management/Tourism Services $ 2,739
Top Drivers of Attraction
1 Salary/
Compensation 2 Work-life Balance
3 Job Security
Junior Executives in the Hospitality and F&B specialisations are mostly concerned
about being able to balance both their personal and professional lives. However,
salary and job-security is still important to them, and they gravitate towards
employers who can provide them with these things.
Did You Know?
For 44.8% of Junior candidates in the F&B specialisation and 57.5% of talent in
Over 20% of Junior Hospitality the Hospitality specialisation receiving insurance covering health, income and life
Executives consider mentorship is a must. Over half of employees (53.8% in the F&B and 63.9% in the Hospitality
programs and in-house training specialisations) expect employers to provide them with a reasonable amount of
sessions to be highly important. annual leave. 48% of Junior talent in F&B and 56.9% of Junior talent in Hospitality
are looking for jobs in an established and financially-sound company.
Singapore | Salary Report 202029
Manufacturing Manufacturing
Average Monthly
Salary (SGD)
Maintenance/Repair (Facilities and Machinery) $ 3,014
Manufacturing/Production Operations $ 3,099
Process Design and Control/Instrumentation $ 3,874
Quality Control/Assurance $ 3,145
Quantity Surveying $ 3,310
Top Drivers of Attraction
1 Salary/
Compensation 2 Work-life Balance
3 Job Security
An attractive salary package aside, Junior Executives in the Manufacturing
specialisation also take into account the intangible benefits of a job when
seeking out employers. Ensuring their professional lives do not eat into their
Did You Know? personal time is important, as is working for a company where their future is
guaranteed.
Over 40% of Junior
Manufacturing Executives say Junior Executives in the Manufacturing specialisation (58.3%) care greatly
they expect to receive retirement about receiving insurance covering health, life, and income. For 64.3%, getting
benefits from employers. a reasonable amount of annual leave is important, while 38.9% are on the
lookout for permanent jobs.
Singapore | Salary Report 202030
Sales and Sales and Marketing
Average Monthly
Salary (SGD)
Marketing Digital Marketing $ 3,093
E-commerce $ 3,636
Marketing/Business Development $ 3,193
Merchandising $ 2,735
Sales - Corporate $ 3,182
Sales - Engineering/Technical/IT $ 3,420
Sales - Financial Services
$ 3,318
(Insurance, Unit Trust, etc)
Sales - Retail/General $ 2,818
Sales - Telesales/Telemarketing $ 3,330
Top Drivers of Attraction Sales
Career/
1 Salary/
Compensation 2 Work-life Balance
3 Development
Opportunities
Marketing
Career/
1 Work-life Balance
2 Salary/
Compensation 3 Development
Opportunities
Junior Executives in the Sales and Marketing specialisations care about work-
life balance and salary. However, they are also searching for employers who
can provide them with career development opportunities beneficial to their
Did You Know? professional growth.
Near a third of Junior Sales 48.8% of Sales and 73.1% Marketing Junior talent require a reasonable
Executives want employers to amount of annual leave. Nearly half of Junior Executives in Sales expect to
provide medical coverage for receive a guaranteed bonus regardless of company or personal performance.
themselves and their families. Nearly a third of talent in Sales and half of talent in Marketing (31.6% and
47.8% respectively) expect to receive promotions.
Singapore | Salary Report 202031
Science Science
Average Monthly
Salary (SGD)
Actuarial Science/Statistics $ 3,841
Agriculture/Forestry/Fisheries $ 3,068
Aviation/Aircraft Maintenance $ 3,554
Biomedical $ 3,624
Biotechnology $ 4,079
Chemistry $ 3,276
Food Technology/Nutritionist $ 3,127
Science and Technology/Laboratory $ 3,358
Junior Executives in the Biotechnology specialisation enjoyed the highest
average monthly salary in the Science specialisation in 2019, at $ 4,079.
Agriculture, Forestry and Fisheries Executives on the other hand brought in a
mean annual salary of $ 3,068.
Services Services
Average Monthly
Salary (SGD)
Customer Service $ 2,820
Law/Legal Services $ 3,791
Logistics/Supply Chain $ 2,923
Personal Care/Beauty/Fitness Service $ 2,688
Security/Armed Forces/Protective Services $ 2,975
Social and Counselling Service $ 3,198
Technical and Helpdesk Support $ 3,112
Junior Legal Executives commanded the highest monthly average salary
compared to its peers in the Services specialty, at $ 3,791. At the other end of
the scale, Beauty, Fitness and Personal talent earned the lowest mean salary
for 2019, at $ 2,688.
Singapore | Salary Report 202032
Salaries by Level
and Specialisation:
Senior Executive
This is a breakdown of the 2019 average monthly salaries offered to
talent working across various specialisations in Singapore, measured
over the first six months of the year.
The figures are further divided into job functions commonly held by
Senior Executives.
Singapore | Salary Report 202033
Accounting Accounting and Finance
Average Monthly
Salary (SGD)
and Finance Banking/Financial Services $ 5,003
Finance - Audit/Taxation $ 4,704
Finance - Corporate Finance/Investment/
$ 4,956
Merchant Banking
Finance - General/Cost Accounting $ 4,141
Top Drivers of Attraction Accounting
Career/
1 Salary/
Compensation 2 Work-life Balance
3 Development
Opportunities
Finance
1 Salary/
Compensation 2 Work-life Balance
3 Job Security
Salary aside, Senior Executives in the Accounting and Finance specialisations
want employers to provide them with peace of mind regarding their jobs.
Though they aspire to climb the corporate ladder at work, they want to do in
Did You Know? a way which does not disrupt the harmony between their professional and
personal lives.
Talent in these specialisations
cares greatly about the type of Overall, 46.4% and 50% of Senior Executives in the Accounting and Finance
company they work for. According specialisations expect to be provided with insurance protecting income, life
to 43.8% of Accounting and and health. 64.3% of Senior Accounting employees and 66.7% of Senior
43.3% of Finance employees Finance talent want employers to provide them with a reasonable amount of
working in Senior Executive annual leave entitlements.
positions, being employed by an
established and financially secure Over a third (39.3%) of Accounting talent in Senior Executive roles consider
company is a “must”. promotions to be important, while 63.3% of Senior Executives in Finance seek
permanence from their roles.
Singapore | Salary Report 202034
Admin Admin and HR
Average Monthly
Salary (SGD)
and HR Clerical/Administrative Support $ 3,338
Corporate Strategy/Top Management $ 6,067
HR $ 4,105
Secretarial/Executive and Personal Assistant $ 3,872
Top Drivers of Attraction
1 Salary/
Compensation 2 Work-life Balance
3 Job Security
Salary is not the only thing that matters to Admin and HR talent working as
Senior Executives – they also want to work for employers who make them feel
secure about their professional futures. They also care deeply about work-life
Did You Know? balance.
Working with respectful colleagues 42.3% and 50% of Senior Executives in the Admin and HR specialisations
is important to 56.1% of Admin respectively, are interested in receiving a performance-based bonus. 66.1%
and 49.5% of Senior HR and 61.1% of Admin and HR talent in Senior Executive roles want to work a
Executives, respectively. five-day work week, while 49% and 52.4% of Senior Admin and HR Executives
respectively are searching for permanent work.
Singapore | Salary Report 202035
Arts, Media Arts, Media and Comms
Average Monthly
Salary (SGD)
and Comms Advertising/Media Planning $ 3,818
Arts/Creative/Graphics Design $ 3,959
Entertainment/Performing Arts $ 3,750
Public Relations/Communications $ 4,288
Publishing/Printing $ 3,704
Top Drivers of Attraction
Career/
1 Salary/
Compensation 2 Work-life Balance
3 Development
Opportunities
While salary is a notable professional consideration for Senior Executives in the
Arts and Media specialisation, they are also concerned about working for an
Did You Know? employer who takes work-life balance seriously and provides them with ample
career development opportunities to boost their professional profiles.
Over half of talent (58.1%) in the
Arts and Media specialisation have 50% of Senior Executives in the Arts and Media specialisation are interested
a bachelor’s degree. in receiving a performance-based bonus, while 57.1% want to work a five-day
work week, and 69% seek promotion opportunities to boost their careers.
Building and Building and Construction
Average Monthly
Salary (SGD)
Construction Architecture/Interior Design $ 4,267
Property/Real Estate $ 4,348
Top Drivers of Attraction Career/
1 Salary/
Compensation 2 Work-life Balance
3 Development
Opportunities
Did You Know?
35.5% of Construction talent Senior Executives in the Building and Construction specialisation value salary
working as Senior Executives above everything else. Along with work-life balance, candidates also take into
expect employers to provide account if they are offered ample career development opportunities to boost
them with medical coverage for their professional lives.
themselves and their families,
covering items such as annual Having a reasonable amount of annual leave is important to 48.3% of Senior
physical examination, maternity Executives in the Building and Construction specialisation. To 50% of talent,
and dental benefits. receiving a performance-based bonus is a must, while 52% want promotion
opportunities.
Singapore | Salary Report 202036
Computer and Computer and IT
Average Monthly
Salary (SGD)
IT (Hardware IT/Computer – Hardware $ 4,425
and Software) IT/Computer - Network/System/
$ 4,938
Database Admin
IT/Computer – Software $ 5,254
Top Drivers of Attraction
1 Salary/
Compensation 2 Work-life Balance
3 Job Security
While receiving an attractive compensation package is important to Senior
Executives in the Computer and IT specialisations, both Hardware and
Software experts are concerned with intangible benefits of their jobs, such as
work-life balance and job security.
Did You Know? 40% and 41.5% of Senior Executives in the Computer and IT specialisations
(Hardware and Software respectively) are interested in receiving insurance
20% of Senior Executives in the covering health, income and life. Having a reasonable amount of annual
Hardware specialisation want leave is important to candidates in both specialisations (50% and 57.1% for
both in-house and external Hardware and Software respectively. Senior Executives in both specialisations
training programs. seek permanence from their jobs (61.9% and 57.4% for Hardware and
Software respectively).
Education Education and Training
Average Monthly
Salary (SGD)
and Training Education $ 3,650
Training and Development $ 4,593
Top Drivers of Attraction
1 Work-life Balance
2 Salary/
Compensation 3 Job Security
Did You Know? Senior Executives in the Education and Training specialisation value work-life
balance above everything else. They are also attracted to companies which
24.2% of Senior Executives offer a sizeable compensation package and professional security.
employed in contract positions in
this specialisation say that being Having a reasonable amount of annual leave is important to 55.6% of Senior
paid a contract completion bonus Executives in the Education and Training specialisation, while 60.6% expect
at the end of their stint is a “must”. their employers to provide them with insurance covering health, life, and
income. For 45.8% of Senior Executives, having a permanent role is a must.
Singapore | Salary Report 202037
Engineering Engineering
Average Monthly
Salary (SGD)
Engineering – Chemical $ 6,067
Engineering - Civil/Construction/Structural $ 4,392
Engineering – Electrical $ 4,450
Engineering - Electronics/Communication $ 4,653
Engineering - Environmental/Health/Safety $ 4,739
Engineering – Industrial $ 4,509
Engineering – Mechanical/Automotive $ 4,570
Engineering – Oil/Gas $ 4,540
Engineering – Others $ 4,949
Top Drivers of Attraction
1 Salary/
Compensation 2 Job Security
3 Work-life Balance
Apart from an attractive salary package, Senior Executives in the Engineering
specialisation require assurance from their employers that their jobs are likely
to remain secure in the future. They also want to work for companies whose
Did You Know? policies help them maintain a satisfactory balance between work and leisure.
Respectful colleagues are a “must” For 51.6% of Senior Executives in the Engineering specialisation, being
for 45.7% of Senior Executives in provided with insurance covering health, income and life is a must. Additionally,
the Engineering specialisation. 56.4% a reasonable number of annual leave days, while 45.3% of Senior
Executives in Engineering seek permanence from their jobs.
Healthcare Healthcare
Average Monthly
Salary (SGD)
Healthcare - Nurse/Medical Support and
$ 3,990
Assistant
Healthcare – Pharmacy $ 5,010
Top Drivers of Attraction
1 2 3
Salary/ Career/
Work-life Balance Compensation Development
Opportunities
Did You Know? Senior executives in the Healthcare specialisation are most attracted to
employers who can ensure they enjoy a good work-life balance. Additionally,
Insurance is important to all a satisfactory salary package and the guarantee of exciting career-boosting
candidates in this specialisation, opportunities are important to them.
47.8% of whom say their
employers “must” provide them For 63.6% of Senior executives in the Healthcare specialisation, receiving a
with protection for their health, reasonable amount of annual leave is a must. 53.3% look forward to receiving a
income, and life. performance-based bonus, while 47.2% of talent are looking for opportunities
that can take their careers to the next level.
Singapore | Salary Report 202038
Hospitality Hospitality and F&B
Average Monthly
Salary (SGD)
and F&B Food/Beverage/Restaurant Service $ 3,314
Hotel Management/Tourism Services $ 3,406
Top Drivers of Attraction
1 2 3
Salary/ Career/
Compensation Development
Work-life Balance Opportunities
Those working as Senior Executives in the Hospitality and F&B
specialisations value salary above all, and seek to draw a fine line between the
Did You Know? personal and professional.
40% and 65.1% of Senior 65% and 71.8% of Senior Executives in the F&B and Hospitality specialisations
Executives employed in the F&B respectively want to receive compensation for work done on off-days and public
and Hospitality specialisations holidays.
expect to receive medical
coverage for themselves and their 54.8% and 47.4% of Senior Executives employed in the Hospitality and F&B
families, covering items such as specialisations expect a guaranteed bonus as part of their compensation
annual physical examinations, package, irrespective of individual or company performance. Nearly half (40.9%
dental benefits and maternity. and 42.9%) of F&B and Hospitality talent consider on-the-job training and skill
development crucial to their career plans.
Manufacturing Manufacturing
Average Monthly
Salary (SGD)
Maintenance/Repair (Facilities and Machinery) $ 4,040
Manufacturing/Production Operations $ 3,836
Process Design and Control/Instrumentation $ 4,817
Quality Control/Assurance $ 4,392
Quantity Surveying $ 4,210
Top Drivers of Attraction
1 Salary/
Compensation 2 Work-life Balance
3 Job Security
Like their Junior counterparts, Senior Executives in the Manufacturing
specialisation look to employers who can offer them an attractive monthly
Did You Know? remuneration package. However, they want to work for a company which
ensures that work does not interfere with their private time. Senior Executives
Nearly 20% of Senior also want to be assured of the security of their job.
Manufacturing Executives
want employers to lead with a Senior Executives in this specialisation are fond of their bonuses, with 36%
collaborative and supportive expecting to be paid a performance-based bonus for their efforts. 60.5%
management style. want to receive a reasonable amount of annual leave, while 57.1% want to
work in a permanent role.
Singapore | Salary Report 2020You can also read