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1JobStreetSalary Report2020Singapore Benchmarks and Talent MotivatorsSingapore Salary Report 2020
1About theJobStreetSalary GuideThis guide has been compiled to provide companies and employers witha guide on how to value talent across various industries and levels ofexperience, as well as understand the job market better. Actual figuresfor various specialisations and positions will vary based on internal andexternal factors, such as company practises, market demand and supply,and candidates’ skills and expertise.Salary GuideMethodologyThe Salary Guide Methodology is based on the average salaries from allfull-time jobs posted on JobStreet Singapore in 2019. All salaries have beenextracted from job ads posted directly by companies. Salaries posted onjob ads from recruitment firms, as well as part-time and internship positionshave been excluded.The Laws ofAttractionThe Laws of Attraction are a series of insights drawn from JobStreet’scomprehensive study of more than 7,000 candidates across 20 industriesin Singapore. It aims to provide employers with in-depth insights into whatfactors drive talent to choose to work in certain professions, specialisationsand industries. The survey of candidates conducted spans age, gender,profession, industry, generation, and citizenship.Disclaimer of LiabilityThis is a JobStreet Publication. No part of this publication may be reproduced in any formwithout prior permission from JobStreet. Although steps have been taken to ensure our content’saccuracy, JobStreet assumes no responsibility for any consequences arising from errors andomissions. The views and opinions expressed in this book do not necessarily reflect the views ofJobStreet.Singapore Salary Report 2020
2Table ofContents03Salaries in Singapore Income across Singapore04Top 5 Incomes by Industry04Top 6 Growth Specialisations05Income by Gender06Salaries in Singapore by Grouped Specialisation Entry-Level Junior Executive Senior Executive Manager Senior Manager12Salaries by Level and Specialisation Entry-Level Junior Executive Senior Executive Manager Senior ManagerSingapore Salary Report 2020
3Salaries inSingaporeCandidates employed across various industries, specialisations and job levelsin Singapore experienced some fluctuations in base salary levels across 2019.Despite an initial optimistic outlook, economic uncertainties across 2019 saw aslowed global economy, which was maintained heading into 2020. This level ofcaution regarding hiring and compensation packages is likely to continue, giventhe global economic impact of the ongoing COVID-19 pandemic.JobStreet’s Salary Report 2020 has compiled annual average incomes inSingapore from two sources: one directly from job ads and notices put out bycompanies, 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 acrossindustries, experience levels, and gender.IncomeacrossSingaporeOverall, the majority of candidates are earning between 2,000 - 3,999 permonth, according to JobStreet’s Laws of Attraction Singapore data. Thesefigures are self-supplied and are indicative of how much candidates — whoresponded to salary-specific questions in the Laws of Attraction questionnaire— are earning.The largest proportion of respondents earn between 2,000 and 3,999 permonth, while a third of respondents earn between 4,000 and 6,999.Average monthly income earned by Singaporeans in 2019(self-supplied, SGD)Below 2,000405 (7.21%) 2,000 - 3,9992,084 (37.11%) 4,000 - 6,9991,848 (32.91%) 7,000 - 9,999749 (13.34%)Above 10,000530 (9.44%)Singapore Salary Report 2020
4Top 5Incomesby IndustryTop 6 GrowthSpecialisationsCandidates in the Computer and Information Technology (Hardware) industryreported the highest average monthly salary during 2019, with candidatesearning 7,155.56.IndustryAverage Monthly Salary(SGD)Computer / Information Technology(Hardware) 7,155.56Consulting(IT, Science, Engineering and Technical) 6,980.20Computer / Information Technology(Software) 6,883.06Banking / Financial Services / Insurance 6,758.66Semiconductor / Wafer Fabrication 6,752.94These are the specialisations that displayed the most growth in terms of salaryincrement. These average monthly salaries in this section are earned between2018 and 2019, and measured over the first six months of the year.The following table accounts for the top specialisations, which corresponds toa position level.It can be observed that Senior Managers in the Building and Construction andHealthcare specialisations saw the highest increase in average monthly salary— an 18% hike between 2018 and 2019.Position LevelAverageMonthly Salary(2018, SGD)AverageMonthly Salary(2019, SGD)% Changein SalaryComputer and ITEntry-Level 2,860 3,22113%Education andTrainingJunior Executive 3,138 3,3788%Building andConstructionSenior Executive 3,894 4,30010%EngineeringManager 6,097 6,4235%Building andConstructionSenior Manager 7,944 9,33818%HealthcareSenior Manager 8,706 10,26318%GroupedSpecialisationsSingapore Salary Report 2020
5Income byGenderAcross all levels of seniority, women are consistently paid less than men inSingapore. While the difference in salary reduces as women rise to seniorpositions, the difference in pay between men and women at the beginningof their careers is the widest, with women being paid 13.7% lower than theirmale counterparts.SeniorityAverage MonthlySalary (Male, SGD)Average MonthlySalary (Female, SGD)Difference (%)Intern/ First job/ Fresh grad 2,830.51 2,442.59-13.70Junior Executive 3,951.15 3,635.10-8.00Junior Management 5,520.43 5,035.17-8.79Mid Management 7,204.15 6,916.67-3.99Senior Management 10,061.20 9,868.10-1.92Singapore Salary Report 2020
6Salaries in SingaporeWith The Highest AnnualGrowth or Decline, byGrouped SpecialisationThis section compares the average monthly salaries earned between 2018 and2019, measured over the first six months of the year. It tracks which specialisationssaw the most growth or suffered the greatest decline across all levels of experience.Singapore Salary Report 2020
7Entry-LevelIn terms of salary increments, Entry-Level Computer and IT Executivesenjoyed the highest increase in average monthly pay (13%) compared to otherspecialisations. Those entering the Education specialisation also saw a salaryraise of 10% between 2018 and 2019. However, new entrants to Building andConstruction saw their monthly salaries shrink by 6% between 2018 and 2019.Average monthly salaries and percentage changes for all grouped specialisations in SingaporeGroupedSpecialisationsAverage Monthly Salary(2018, SGD)Average Monthly Salary(2019, SGD)% Change inSalaryAccounting and Finance 2,657 2,97712%Admin and HR 2,415 2,5355%Arts, Media and Comms 2,500 2,5261%Building and Construction 2,947 2,784-6%Computer and IT 2,860 3,22113%Education and Training 2,550 2,80110%Engineering 2,648 2,7514%Healthcare 2,907 3,0053%Hospitality and F&B 2,165 2,151-1%Manufacturing 2,319 2,4004%Sales and Marketing 2,774 2,742-1%Science 2,593 2,6020%Services 2,517 2,449-3%Job Drivers for Singapore’sEntry-Level ExecutivesSalary is everything for Entry-Levelcandidates. However, they are alsoconcerned about work-life balanceand their career progression. In fact,employees entering an industry orspecialisation for the first time arefar more concerned about careerand development opportunities ascompared to other levels of seniority.Top Driversof Attraction:Entry-Level r/DevelopmentOpportunities123When 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 2020
8Between 2018 and 2019, we see that Junior Executives in the Education andTraining specialisation enjoyed the greatest hike in average monthly salary, at8%. However, those working in the Healthcare specialisation saw a massivedip of 22% between their 2018 and 2019 average monthly wages.JuniorExecutiveAverage monthly salaries and percentage changes for all grouped specialisations in SingaporeGroupedSpecialisationsAverage Monthly Salary(2018, SGD)Average Monthly Salary(2019, SGD)% Change inSalaryAccounting and Finance 3,376 3,4502%Admin and HR 2,917 3,0404%Arts, Media and Comms 3,015 3,1003%Building and Construction 3,103 3,1893%Computer and IT 3,690 3,595-3%Education and Training 3,138 3,3788%Engineering 3,412 3,4491%Healthcare 4,698 3,668-22%Hospitality and F&B 2,581 2,6202%Manufacturing 3,123 3,1601%Sales and Marketing 3,123 3,1872%Science 3,403 3,4672%Services 2,991 3,0632%Job Drivers for Singapore’sJunior ExecutivesWhile salary is the top decidingfactor for Junior candidatesseeking employers, money is noteverything. Obtaining work-lifebalance between personal andprofessional lives is also imperativeto them, as well as the assurancethat their careers will remain intact.Top Driversof Attraction:Junior ExecutivesSalary/CompensationWork-lifeBalanceJob Security123When hunting for a job, the minimum salary increment quoted by JuniorExecutives for a salary hike is 58.4%. This is higher than the industry averageof 22.4%.Singapore Salary Report 2020
9Building and Construction talent, especially those working in Senior Executivepositions, saw the greatest jump in average monthly salaries between 2018 and 2019,enjoying a 10% increment. Following closely are the salaries of Senior Executives inthe Education and Training specialisation who saw an 8% jump in 2019. The salariesof Healthcare professions saw the largest year-on-year decline at 7%.SeniorExecutiveAverage monthly salaries and percentage changes for all grouped specialisations in SingaporeGroupedSpecialisationsAverage Monthly Salary(2018, SGD)Average Monthly Salary(2019, SGD)% Change inSalaryAccounting and Finance 4,376 4,6135%Admin and HR 3,937 3,9581%Arts, Media and Comms 3,824 4,0075%Building and Construction 3,894 4,30010%Computer and IT 4,834 4,9793%Education and Training 3,952 4,2728%Engineering 4,620 4,7272%Healthcare 5,338 4,975-7%Hospitality and F&B 3,242 3,3594%Manufacturing 3,988 4,1745%Sales and Marketing 4,038 4,0641%Science 4,718 4,8032%Services 4,335 4,179-4%Job Drivers for Singapore’sSenior ExecutivesApart from an attractivecompensation package, SeniorExecutives care about qualitativeaspects, such as careerdevelopment opportunities to boosttheir professional lives. They alsoseek employers who can enforceproper work-life balance.Top Driversof Attraction:Senior r/DevelopmentOpportunities123On average, Senior Executives across Singapore say they would prefer a salaryhike of 43.9% in order to move to another job.Singapore Salary Report 2020
10Managers in the Engineering specialisation enjoyed a 5% rise in averagemonthly salaries, observed between 2018 and 2019. Education and TrainingManagers 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 inaverage monthly salaries for the same time period.ManagerAverage monthly salaries and percentage changes for all grouped specialisations in SingaporeGroupedSpecialisationsAverage Monthly Salary(2018, SGD)Average Monthly Salary(2019, SGD)% Change inSalaryAccounting and Finance 6,284 6,2940%Admin and HR 5,384 5,4441%Arts, Media and Comms 5,128 5,2112%Building and Construction 5,518 5,464-1%Computer and IT 6,421 6,5392%Education and Training 5,275 5,4874%Engineering 6,097 6,4235%Healthcare 6,508 6,4980%Hospitality and F&B 3,999 3,860-3%Manufacturing 5,750 5,8752%Sales and Marketing 5,275 5,3171%Science 6,444 6,154-5%Services 5,795 5,9873%Job Drivers for Singapore’sManagersManagers in Singapore are attractedto employers who can providethem with more than just a sizeablepaycheck. Work-life balance iscrucial to Managers, as they seekharmony between work and leisure.They also want to feel reassuredabout the certainty of their jobs inthe future.Top Driversof anceJob Security123On average, talent occupying Managerial positions would ask for a 16.8%salary hike when switching to another job.Singapore Salary Report 2020
11Senior Managers in the Building and Construction and Healthcare specialisationssaw a whopping 18% year-on-year increase in their average monthly salaries,observed between 2018 and 2019. Senior Manufacturing Managers, however, sawtheir average monthly salaries dip by 12% during the same time period. SeniorManagers in the Arts, Media and Comms specialisations also experienced an 8%year-on-year reduction in their average monthly salaries between 2018 and 2019.SeniorManagerAverage monthly salaries and percentage changes for all grouped specialisations in SingaporeGroupedSpecialisationsAverage Monthly Salary(2018, SGD)Average Monthly Salary(2019, SGD)% Change inSalaryAccounting and Finance 9,222 9,5944%Admin and HR 9,410 9,235-2%Arts, Media and Comms 7,758 7,152-8%Building and Construction 7,944 9,33818%Computer and IT 9,087 9,6987%Education and Training 7,081 7,2783%Engineering 9,949 9,486-5%Healthcare 8,706 10,26318%Hospitality and F&B 6,364 6,309-1%Manufacturing 9,113 8,007-12%Sales and Marketing 8,354 8,7004%Science 10,011 9,264-7%Services 8,529 9,1597%Job Drivers for Singapore’sSenior ManagersSenior Managers are attractedto companies offering a meatycompensation package because theypossess the skills and experienceto command such numbers. Theyare also keen to watch their careerssoar to the next level and are willingto take up exciting professionalopportunities – as long as theycan balance their personal andprofessional lives.Top Driversof Attraction:Senior DevelopmentOpportunities123When 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 overallaverage of 22.4%.Singapore Salary Report 2020
12Salaries by Leveland Specialisation:Entry-LevelThis is a breakdown of the 2019 average monthly salaries offeredto 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 heldby Entry-Level Executives.Singapore Salary Report 2020
13Accountingand FinanceAccounting and FinanceAverage MonthlySalary (SGD)Banking/Financial Services 3,552Finance - Audit/Taxation 3,124Finance - Corporate Finance/Investment/Merchant Banking 3,729Finance - General/Cost Accounting 2,446Top Drivers of AttractionAccounting1Job mpensation3Work-life ary/CompensationCandidates working in the Accounting specialisation who are either internsor starting their careers value job security above all, as well as ample careerdevelopment opportunities.Did You Know?Those working in thesespecialisations value workingwith respectful and funcolleagues who are willing tocooperate and collaborate withthem for work assignments.Working in a permanent role in a financially secured and established companyis important to 55.6% of Entry-Level candidates in Accounting. In terms ofwork-life balance, Accounting interns (52.2%) greatly value being paid overtimefor their extra efforts. Promotions matter the most to 53.8% of new entrants inthe specialisation.Finance employees are most interested in furthering their careers. However, anattractive salary package which accompanies a harmonious balance betweenwork and life is also important to them.42.1% of Entry-Level Finance talent value promotions, with 42.9% expecting tobe paid a guaranteed bonus irrespective of performance. 65.4% of Entry-LevelFinance Executives want employers to provide them with compensation forovertime pay.Singapore Salary Report 2020
14Adminand HRAdmin and HRAverage MonthlySalary (SGD)Clerical/Administrative Support 2,487Corporate Strategy/Top Management 3,200HR 2,613Secretarial/Executive and Personal Assistant 2,413Top Drivers of AttractionAdmin1Salary/Compensation2Work-life Balance3Job Security3Work-life Balanceand ies2Job SecuritySalary matters greatly to fresh entrants in the Admin specialisations – butit is not the only thing they expect from their jobs. Job security and a goodbalance between work and play, are also important.Did You Know?Retirement benefits mattergreatly to 55.2% of Entry-LevelAdmin Executives, while 50% ofEntry-Level HR Executives wantmedical coverage for themselvesand their families.For 40.5% of Entry-Level Admin talent, receiving a contract completionbonus, especially for those in contract positions, is a must. 64.3% of thosein the HR specialisation want a guaranteed bonus regardless of company orpersonal performance.Over half (56.7% and 63.2%) for Admin and HR candidates say receivingcompensation for extra work after-hours or on holidays is a must, while48.6% of Admin Executives and 33.3% in the HR specialisation want towork for a company that is established and financially secure.Singapore Salary Report 2020
15Arts, Mediaand CommsTop Drivers of Attraction1Arts, Media and CommsAverage MonthlySalary (SGD)Advertising/Media Planning 3,128Arts/Creative/Graphics Design 2,320Entertainment/Performing Arts 2,228Public Relations/Communications 2,647Publishing/Printing 2,157Career/DevelopmentOpportunities2Work-life Balance3Salary/CompensationDid You Know?44.4% of Entry-Level Arts,Media, and Comms talentexpect to receive additionalleave and retirement benefitsfrom employers.Apart from salary, Arts and Media talent starting their careers areconcerned about work-life balance and career development opportunities.One third (33.3%) of fresh hires in the Arts and Media specialisation expect aperformance-based bonus, and 50% want their employers to observe ano-work rule during weekends and holidays, while 46.7% look forward toon-the-job coaching and skill development.Building andConstructionBuilding and ConstructionAverage MonthlySalary (SGD)Architecture/Interior Design 2,676Property/Real Estate 2,877Top Drivers of Attraction1Salary/Compensation2Work-life Balance3Location ofthe JobDid You Know?Construction and Building talentseek structure and regularity intheir daily timetable. 60% ofEntry-Level talent say that beingable to work a five-day work is a“must.”Entry-Level talent in the Building and Construction specialisation care themost about salary. However, they want to work for employers with soundpolicies promoting work-life balance. The location of their workplace alsomatters to them.Half of new Building and Construction entrants expect contract completionbonuses, while 80% want flexible working hours. Additionally, 50% of newtalent also want to work in places accessible to public transport.Singapore Salary Report 2020
16Computer andIT (Hardwareand Software)Computer and ITAverage MonthlySalary (SGD)IT/Computer – Hardware 2,526IT/Computer - Network/System/DatabaseAdmin 3,036IT/Computer – Software 3,773Computer and IT(Hardware)Top Drivers of Attraction1Salary/Compensation2Job velopmentOpportunitiesComputer and IT(Software)1Work-life Balance2Salary/CompensationEntry-Level talent in the Computer and IT specialisations (Hardware andSoftware) consider salary to be their top consideration. However, candidatesin both disciplines value career development opportunities which boost theirprofessional profiles and want to keep their work and personal lives separate.Job security matters greatly to Entry-Level Hardware specialists.Did You Know?A quarter of Entry-LevelComputer and IT Executiveswant to work for a company withan excellent reputation for healthand safety.83.3% of Entry-Level talent in Hardware value insurance protecting life, healthand income, while 42.1% of those specialising in Software expect a guaranteedbonus regardless of personal or company performance.Employees in both IT Hardware and Software value promotion opportunities(55.6% and 41.7% respectively), while 43.5% of Software specialists wantemployers to reward their extra hours with money. For 38.5% of Entry-LevelHardware specialists, working in an established company is a must.Singapore Salary Report 2020
17Educationand TrainingTop Drivers of AttractionDid You Know?For 38.1% of Entry-LevelEducation and Training talent,working in an organisation with a“positive” culture is important.1Did You Know?Nearly a third of Entry-LevelEngineering Executives want towork for a company with a highstaff retention rate.Average MonthlySalary (SGD)Education 2,884Training and Development 2,726Salary/Compensation2Work-life Balance3Career/DevelopmentOpportunitiesThose starting out in the Education and Training specialisation care most aboutfinding employers with policies promoting work-life balance. Apart from anattractive salary package, they are also interested in opportunities which taketheir careers to the next level.Nearly half of Education and Training entrants want to be offered a five-daywork-week schedule. More than half (55.6%) are interested in receiving aguaranteed bonus irrespective of company performance, while 50% want toboost their careers with promotion opportunities.EngineeringTop Drivers of AttractionEducation and TrainingEngineeringAverage MonthlySalary (SGD)Engineering – Chemical 2,644Engineering - Civil/Construction/Structural 2,687Engineering – Electrical 2,681Engineering - Electronics/Communication 2,777Engineering - Environmental/Health/Safety 2,746Engineering – Industrial 2,717Engineering – Mechanical/Automotive 2,608Engineering – Oil/Gas 2,587Engineering – Others unities3Work-life BalanceEntry-Level candidates in the Engineering specialisation have their sights seton an attractive compensation package above other things. They are interestedin working for employers who can give them the best of both worlds: ampleopportunities to boost their career while keeping the balance between theirpersonal and professional lives intact.45.5% of Engineering talent want employers to provide protection for theirhealth, life, and income, while 50% are interested in promotion opportunities toboost their professional careers. 59.3% want to be rewarded for the extra workthey put in on holidays and off days.Singapore Salary Report 2020
18HealthcareTop Drivers of AttractionDid You Know?35.7% of Entry-Level HealthcareExecutives expect to be recognisedfor their work in the form of a longservice award and incentive.HealthcareAverage MonthlySalary (SGD)Healthcare - Doctor/Diagnosis 4,587Healthcare - Nurse/Medical Support andAssistant 2,750Healthcare – Pharmacy 2,2871Career/DevelopmentOpportunities2Work-life Balance3Salary/CompensationFor Entry-Level Healthcare Executives, career development opportunitiestrump all other professional considerations. However, they do take into accountthe salary package and work-life balance measures their employer has to offer.In fact, 78.6% of new entrants to the Healthcare specialisation want employersto value their time in the form of compensation for extra work done after officehours. Insurance covering health, work, and life is crucial to 58.6% of newtalent, while 59.3% seek promotion opportunities.Hospitalityand F&BHospitality and F&BAverage MonthlySalary (SGD)Food/Beverage/Restaurant Service 2,197Hotel Management/Tourism Services 2,069Top Drivers of e Balance3Job Security3Job SecurityF&B1Did You Know?For 45% of Entry-Level HospitalityExecutives, on-the-job trainingand skill development is a “must”.Work-life Balance2Salary/CompensationFor those starting their careers in the Hospitality and F&B specialisations, work-lifebalance and salary trumps all other professional considerations. Candidates arealso concerned about job security.Being financially rewarded for extra work done during public holidays and offdays is important to talent in both specialisations (45.8% for F&B, and 81% forHospitality). A large number of F&B and Hospitality talent (44% and 47.1%) expectto be provided with a guaranteed bonus, while 34.6% and 63.2% of Entry-LevelExecutives in F&B and Hospitality respectively want a permanent role.Singapore Salary Report 2020
19ManufacturingTop Drivers of AttractionDid You Know?Over two-thirds of Entry-LevelManufacturing Executives wantcompensation for overtime andwork done on public holidays.ManufacturingAverage MonthlySalary (SGD)Maintenance/Repair (Facilities and Machinery) 2,380Manufacturing/Production Operations 2,320Process Design and Control/Instrumentation 2,883Quality Control/Assurance 2,384Quantity Surveying 2,8301Job mpensationEntry-Level candidates in the Manufacturing specialisation are drawn toemployers who can provide them with the most opportunities to nourish theircareers. They are also concerned about job security and drawing a goodmonthly salary.On-the-job coaching and skill development is important to 71.4% of new talentin the Manufacturing specialisation, who see it as a stepping stone to bettercareers, 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 2020
20Sales andMarketingSales and MarketingAverage MonthlySalary (SGD)Digital Marketing 2,455E-commerce 2,511Marketing/Business Development 2,753Merchandising 2,146Sales - Corporate 2,752Sales - Engineering/Technical/IT 3,699Sales - Financial Services(Insurance, Unit Trust, etc) 3,069Sales - Retail/General 2,538Sales - Telesales/Telemarketing 2,525Top Drivers of AttractionSales1Salary/Compensation2Work-life Balance3Job Work-life Balance2Salary/CompensationAn attractive remuneration package is a highly attractive professional perk toEntry-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 opportunitiesto boost their professional growth, is a must, while Entry-Level talent in theSales specialisation want to feel secure about their jobs.Did You Know?Nearly 60% of Entry-Level Salesand Marketing Executives say theywant their colleagues to be “fun”.Talent from both specialisations (50% for Sales and 71.4% for Marketingcandidates) want to be provided with insurance covering health,income, and life, while 38.5% of new Marketing talent are interested inpromotion opportunities.Receiving a reasonable number of annual leave entitlement is important tocandidates in both specialisations (53.3% for Sales and 70.6% for MarketingExecutives). For 61.1% of Sales executives, working for an establishedcompany is a must.Singapore Salary Report 2020
21ScienceScienceAverage MonthlySalary (SGD)Actuarial Science/Statistics 3,906Agriculture/Forestry/Fisheries 2,575Aviation/Aircraft Maintenance 2,230Biomedical 2,432Biotechnology 2,404Chemistry 2,364Food Technology/Nutritionist 2,184Science and Technology/Laboratory 2,588Within the Science specialisation, Entry-Level Statistics and Actuarial Sciencetalent commanded the highest average salary of 3,906 for 2019. Freshgraduates specialising in Food Technology and Nutrition received the lowestsalary of 2,184 for 2019.ServicesServicesAverage MonthlySalary (SGD)Customer Service 2,452Law/Legal Services 2,550Logistics/Supply Chain 2,365Personal Care/Beauty/Fitness Service 2,505Security/Armed Forces/Protective Services 2,323Social and Counselling Service 3,043Technical and Helpdesk Support 2,414In 2019, Entry-Level Social and Counselling talent earned the highest averagesalary of 3,043 in the wider Services specialisation. Conversely, those takingup Security, Armed Forces and Protective Service roles saw the lowest meanstarting salary, at 2,323.Singapore Salary Report 2020
22Salaries by Leveland Specialisation:Junior ExecutiveThis is a breakdown of the 2019 average monthly salaries offered totalent working across various specialisations in Singapore, measuredover the first six months of the year.The figures are further divided into job functions commonly held byJunior Executives.Singapore Salary Report 2020
23Accountingand FinanceAccounting and FinanceAverage MonthlySalary (SGD)Banking/Financial Services 3,609Finance - Audit/Taxation 3,777Finance - Corporate Finance/Investment/Merchant Banking 3,745Finance - General/Cost Accounting 3,024Top Drivers of AttractionAccounting1Salary/Compensation2Work-life Balance3Job Security3Work-life entOpportunitiesAccounting and Finance talent working as Junior Executives value salary aboveall. However, they also hope to strike a reasonable balance between their workand personal lives and want to feel safe and secure regarding their job andcareer progression in general.Did You Know?32.4% of Junior Executive Financetalent and 35.6% of those in theAccounting specialisation expectemployers to give them rewards inrecognition of their hard work anddedication.Over half (53.2%) of talent in the Accounting specialisation want a guaranteedbonus, irrespective of company or individual performance. Working foremployers who offer a five-day work-week structure is of great importanceto 70.1% of Accounting employees, while 63.4% of Accounting talent cravepermanence in their jobs.Apart from salary, Finance candidates in Junior positions expect employersto provide them with ample opportunities to take their careers to the
Singapore Salary Report 2020 Candidates in the Computer and Information Technology (Hardware) industry reported the highest average monthly salary during 2019, with candidates earning . These are the specialisations that displayed the most growth in terms of salary increment. These average monthly salaries in this section are earned between
