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Highest Paying Jobs in Singapore

Before choosing a degree or specialisation with the prospects of a future career in a similar field, you’re mostly likely to consider a few factors: is it fulfilling? Is there room for professional development? And most importantly, does it pay well!?

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To ease your decision-making process, we have amassed a list of the top-paying jobs in the most lucrative industries in Singapore.

ACCOUNTING

Finance Director 

Educational Requirements: Degree/Masters 

Salary Range: $15,000-20,000

Years of Experience: >15 years

Senior Manager/Manager Treasury 

Educational Requirements: Degree 

Salary Range: $7,500-14,000 

Years of Experience: 5-8 years 

Audit Manager

Educational Requirements: Degree

Salary Range: $8,000-12,000 

Years of Experience: 5-8 years

Finance Controller 

Educational Requirements: Degree

Salary Range: $10,000-18,000

Years of Experience: 10-15 years

BANKING & FINANCE

Chief Finance Officer (Banking & Finance)

Educational Requirements: Degree/Master

Salary Range: $20,000-25,000

Years of Experience: >15

Finance Controller 

Educational Requirements: Degree

Salary Range: $10,000-18,000

Years of Experience: 10-15

Head of Compliance 

Educational Requirements: Degree/Master

Salary Range: $14,000-18,000

Years of Experience: 10-12 years

Finance Director   

Educational Requirements: Degree

Salary Range: $15,000-20,000

Years of Experience: >15 years

HEALTHCARE & LIFE SCIENCES

Sales Manager (Pharmaceutical/Medical Devices)  

Educational Requirements: Diploma/Degree 

Salary Range: $5,500-8,000

Years of Experience: 6-10 years

Laboratory Manager

Educational Requirements: Diploma/Degree

Salary Range: $5,000-7,800

Years of Experience: 6-10 years

HUMAN RESOURCES

Regional HR Director  

Educational Requirements: Degree 

Salary Range: $10,000-18,000 

Years of Experience: >10 years

HR Director/ Assistant Director  

Educational Requirements: Degree/Master

Salary Range: $10,400-15,000 

Years of Experience: >10 years

HR Business Partner 

Educational Requirements: Degree

Salary Range: $4,000-11,500

Years of Experience: 3-7 years

Manager, Compensation & Benefits 

Educational Requirements: Degree 

Salary Range: $6,500-9,000

Years of Experience: 5-8 years

INFORMATION TECHNOLOGY

Chief Technology Officer 

Educational Requirements: Degree/Masters

Salary Range: $14,000-20,000

Years of Experience: >15 years

IT Senior Manager  

Educational Requirements: Degree

Salary Range: $10,000-13,000

Years of Experience: 6-11 years

IT Security Manager 

Educational Requirements: Degree 

Salary Range: $9,200-12,000 

Years of Experience: 8-10 years

Senior Test Engineer 

Educational Requirements: Degree

Salary Range: $6,500-10,200

Years of Experience: 6-8 years

Network Security Engineer 

Educational Requirements: Degree

Salary Range: $4,000-9,000

Years of Experience: 3-7 years

PROCUREMENT, SUPPLY CHAIN & LOGISTICS

Director/Assistant Director, Logistics   

Educational Requirements: Degree

Salary Range: $10,600-18,000

Years of Experience: 10-16 years

Supply Chain Manager/Assistant Manager   

Educational Requirements: Diploma/Degree

Salary Range: $4,500-9,800 

Years of Experience: 5-10 years

SALES & MARKETING

Regional Marketing Director 

Educational Requirements: Degree/Masters

Salary Range: $13,000-18,000 

Years of Experience: >10 years

General Manager/Head of Sales/Business Development Head 

Educational Requirements: Degree 

Salary Range: $15,000-20,000

Years of Experience: >12 years

Director of Corporate Communications  

Educational Requirements: Degree/Masters

Salary Range: $11,000-16,000

Years of Experience: >10 years

ENGINEERING & TECHNICAL

Deputy Manager, Commercial (Real Estate/Property Development)

Educational Requirements: Degree

Salary Range: $7,000-13,000

Years of Experience: >8 years 

Project Manager 

Educational Requirements: Diploma/Degree

Salary Range: $8,500-11,000

Years of Experience: 5-9 years

Product Support Engineer 

Educational Requirements: Degree

Salary Range: $5,000-9,000

Years of Experience: 5-8 years

Technical Services Manager  

Educational Requirements: Diploma 

Salary Range: $6,500-9,500

Years of Experience: 4-6 years

Senior Civil Engineer/Engineer   

Educational Requirements: Degree

Salary Range: $3,500-8,000

Years of Experience: 3-8 years 

From this article alone, you can probably identify the clear commonalities between all these high-paying jobs: many years of experience and a degree. However, the truth is, some jobs are much easier to acquire than others, with comparable salaries as well! Everyone wants to be a CEO, CTO and CFO, but reality stands that only a select few will be able to attain such a career. The good news is, there are many more low-hanging fruits than you’d expect. In fact, the barriers to entry of many high-salaried engineering and technical careers are significantly lower than others. Why?

Why a career in Engineering?

highest paying jobs in singapore

It shouldn’t come as a surprise that technology has and is continuing to displace many jobs. The scope of job displacement is true not only for low value-added manual labour. It is also true for many white-collar professional jobs. This is because Artificial Intelligence (AI) is designed to complete tasks that require planning, learning, reasoning, problem-solving and predicting, skills necessary for white-collar jobs.

Singapore’s conducive environment for investments in robotics and the Internet of Things (IoT) make our labour market even more susceptible to a much higher displacement of workers.  In fact, these new technologies are transforming one of our most strategic industries, high-tech manufacturing.

Singapore’s manufacturing base has been preparing to adopt digitalisation and automation of its processes. Consequently, companies will require skilled and innovative engineers to create, implement, support and maintain new solutions, technologies and systems that have been ushered in the modern era.

In fact, engineering skills across all disciplines will be needed to design, build, troubleshoot and maintain the integration between AI, autonomous machines and manufacturing processes. With the increasing use of technologies such as cloud computing, analytics, automation, the Internet of Things (IoT), additive manufacturing, artificial intelligence and autonomous robots, the job of engineers is increasingly valuable for any advancements in manufacturing.

Strong demand for Engineers.

However, despite industrial trends signifying a growing demand for labour in engineering science, four out of the top 10 the professions with the most significant number of vacancies today are engineering-related. According to the Manpower Group’s 2018 talent shortage survey, 56% of employers in Singapore struggle in recruiting talent from engineering and IT sectors. With a further study by SMU and JP Morgan revealed that the electronics and electrical engineering sector currently faces a skills gap.

As the host of leading internal players in manufacturing, logistics and finance, companies will require skilled and innovative engineers to create, implement, support and maintain new solutions, technologies and systems that have been ushered in the modern era. That being said, many engineering jobs will be created from the sheer demand for this technical expertise.

Auston offers one of the most rewarding and fast-track engineering programs in Singapore. As one of the only engineering-specialised institutes of higher education in Singapore, they offer high-quality and academically rigorous programs ranging from diploma to degree levels. They have established a remarkable community of students and alumni passionate about the industry and continue to nurture many aspiring engineers, with graduates working for globally recognised MNCs.

Find out how you can benefit from their world-class programmes in Electrical Engineering, Mechanical Engineering, Construction Project Management and many more, to fast-track your career in Engineering! 

So What Should I Do Now?

We recommend that you start looking for degree programmes and hopefully, you choose us.

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