And who doesn’t dream of having a higher salary in their career? That’s why today’s post will look at some of the highest-paying jobs in Singapore today.
What is a good salary in Singapore?
The current highest average salary in Singapore is S$37,700, while the lowest is S$2,140. A good salary in Singapore is somewhere in the middle between these two amounts.
These typically include service production industries and businesses dealing with communication, finance, and insurance.
1. Chief Executive Officer, Chief Financial Officer, or Chief Operating Officer
Executive positions earn some of the biggest salaries in Singapore (as well as the nicest office spaces and suites). These include chief executive officers, chief financing officers, and chief operating officers.
If you end up being a CFO, CEO, or COO, you can expect an annual salary range between S$300,000 and S$525,000.
So if you want to start working your way towards an executive-level job, better start your career in the right places.
Business consulting firms, engineering and chemical industries, healthcare and life sciences, and financial services are some prime examples.
2. International Firm Partner
Singapore is considered one of the best places in the world to buy businesses. That’s why there’s a thriving expatriate community here.
Asset management firms and other high-pressure companies will need a company lawyer who knows the ins and outs of their industries. And if you happen to be a partner at a prestigious international firm, you’ll likely have a high salary, as well.
So if you’re a law partner for a local firm, expect to be paid around S$300,000 annually for your job. But if you’re a partner at an international company, you can earn as much as S$480,000 per year!
3. Legal Counsel for Businesses
Corporate lawyers in Singapore are also some of the top-paid professionals in the country.
They not only bust corporate law myths on a daily basis, but they’re also considered legal officers who can advise a company’s board on the legal intricacies of different industries.
Of course, they’ll need to be updated on industry trends and technology, too. For their expertise and knowledge, business legal counsels can earn anywhere between S$280,000 and S$350,000 a year.
4. Director of Sales
If you know your trading apps inside-out and are considered a good sales professional, then you can take home around S$347,000 yearly for your expertise.
Sales and marketing are essential functions in any business, so getting the best professionals for the job requires the kind of compensation that will ensure they stay in their positions.
The best digital marketing agencies in Singapore always make sure to hire a head of sales who is particularly skilled at trading. It’s also preferable that they have some experience in financial services.