The Worst, Best and Highest Paying Jobs in Singapore this 2018
(Updated 24 January 2018) Are you looking for new work? Check out the list we made. Find out the worst, best and highest paying jobs in Singapore this 2018.
Once again, Singapore topped the Economist Intelligence Unit’s pricing index.
The British news site, The Economist, named Singapore the costliest city to live in.
According to its Worldwide Cost of Living Survey, the city-state surpassed more than 130 cities based on a person’s needs, from essential grocery commodities to the cost of transportation fares.
A basic lunch menu with drinks can cause USD 9, and an 8km taxi trip can also cause USD 9. Renting a 45m2 apartment can cause USD 2,108 a month, while utilities can average USD 106 monthly.
RELATED: 10 Popular Part Time Jobs in Singapore
Living in Singapore means that you can enjoy life in a first world country with the benefits of world-class transportation and living areas; However, you have to get a good job with stable pay to survive.
Top 10 Highest Paying Jobs in Singapore
Listed below are the highest paying jobs in Singapore. Find out which one might fit your knowledge and skills.
10. Legal Secretary
Salary Ranger per Month: SGD 4,000 – SGD 8,000 (USD 2,895 – USD 5,790)
Expected Tasks if Hired: Legal secretaries perform secretarial tasks in law offices. Also, you write legal documents such as summons, and subpoenas, motions. You also have to do standard secretarial duties such as answering calls or emails, greeting clients, and transcribing data.
RELATED: Payday Loan in Singapore from Top Licensed Money lenders
9. Settlements Manager
Salary Range per Month: SGD 5,000 – SGD 8,300 (USD 3,619 – USD 6,008)
Expected Tasks if Hired: As a Settlement Manager in the banking and finance industry, you will facilitate treasury settlements, ensure accurate and reliable cash flow, as well as pool price forecast. To do this, you have to be responsible for managing staff in a fast-paced, detail-oriented environment with strict deadlines.
8. Finance Manager
Salary Ranger per Month: SGD 5,500 – SGD 9,000 (USD 3,980 – USD 6,514)
Expected Tasks if Hired: Your tasks may range from interpreting cash flows to providing future expenditure plans. Yes, it would help if you predicted future trends through data analysis. As a financial adviser for a company, you need to be updated, farsighted, driven to expand the business.
7. Digital Marketing Manager
Salary Ranger per Month: SGD 6,000 – SGD 10,000 (USD 4,343 – USD 7,238)
Expected Tasks if Hired: You must manage multiple campaigns using various digital marketing techniques such as paid SEO (Search Engine Optimization), social media, and well-designed websites. You have to bring relevant marketing developments to ensure that your target clients know the brand (and its products or services). Simply put, you need to squeeze your creative juices to entice new customers towards the brand you are promoting.
6. Finance Compliance Manager
Salary Range per Month: SGD 8,000 – SGD 10,000 (USD 5,790 – USD 7,238)
Expected Tasks if Hired: You must be up to date with all legal regulations that can affect your company. Then, you need to ensure that every staff complies with the new law through proper training and seminars. Plus, it would be best to meet seminars annually because no company wants to cross the laws and get in trouble unknowingly.
5. Quality Lead or Manager
Salary Ranger per Month: SGD 6,000 – SGD 10,000 (USD 4,343 – USD 7,238)
Expected Tasks if Hired: Are you a meticulous person? Quality managers ensure that the company meets customer expectations. The products or services provided must be consistent and meet every laid out requirement. You have to set up and maintain control and documentary procedures to do this.
RELATED: WorkRight on the Move – What Every Employed Singaporean Should Know
4. IT Security Consultant
Salary Ranger per Month: SGD 7,000 – SGD 10,000 (USD 5,067 – USD 7,238)
Expected Tasks if Hired: Does the cyberwar against hackers entice you? Data security is becoming more valuable than ever. Most companies rely on online systems, emails, and transactions. Even businesses that process their clients’ requests and inquiries through their websites.
As this trend grows, the demand for IT Security Consultants or Specialists increases. As an IT Security Consultant, you have to focus on understanding your company’s data risks. In addition, you need to analyze possible security breaches and strengthen the system to avoid them from happening.
3. Scientific and Regulatory Affairs Specialist or Manager
Salary Ranger per Month: SGD 4,000 – SGD 12,000 (USD 2,895 – USD 8,685)
Expected Tasks if Hired: Being a Scientific and Regulatory Affairs Specialist, you need to have a vast knowledge of scientific, legal, and business issues. It ensures that any product developed, manufactured, or distributed by your company do not go beyond the bounds of the law.
People with this job usually have a solid knowledge base and skill set in science, writing, and reading comprehension. They also have an in-depth understanding of the legal matters concerning the company. They are usually in the healthcare and pharmaceutical industry.
2. FinTech Developer
Salary Range per Month: SGD 7,500 – SGD 12,000 (USD 5,428 – USD 8,685)
Expected Tasks if Hired: You will need to design and develop financial application tools to help individuals manage their finances in a breeze. As a financial tech developer, you have to foresee ways to make digital financial transactions easy and (of course) secure.
1. Finance Controller
Salary Ranger per Month: SGD 8,000 – SGD 15,000 (USD 5,790 – USD 10,857)
Expected Tasks if Hired: As the Finance Controller, you will be responsible for banking and finance activities, insurance recommendations and related purchases, proper reporting and payment to all taxing authorities, and corporate documentation. Simply, you need to ensure that proper accounting is done and your company is profitable.
RELATED: Need a Job? Here are 5 Steps to Make Catchy Resumes
Although the tight competition will make these jobs difficult to get, these highest paying jobs in Singapore have favourable salary rates. So if you want to go to Singapore and have a higher chance to get hired, you better check the list of in-demand jobs. These jobs always have a lot of vacancies.
Most In-Demand Jobs in Singapore for 2018
As we welcomed this year, here are the high demands on:
Service and Sales Workers
It holds 23.5% of job vacancies in Singapore. Shop sales assistants, receptionists, customer service, information clerks, and security guards are the most in-demand. People looking for this job must have a lower secondary education level. Most service and sales workers get SGD 3,000 (USD 2,171.40) a month.
Associate Professionals and Technicians
Teaching and training professionals, software, web, and multimedia developers are examples under this category. Also, they are the most sought-after employees in this category. Therefore, employers usually require specific work experience and a diploma.
Cleaners, Laborers and Related Workers
These are jobs usually passed up due to the work environment, physical strain, and unattractive pay. However, more than 900 vacancies remain for cleaners in some Singaporean establishments. One of the reasons is the low salary in this category which ranges from SGD 1,000 to SGD 2,800 (USD 723 to USD 2,024).
Managers and Administrators
It is a must to have specific job-related experience and a diploma. Singapore employers need more than 4,000 management executives, commercial and marketing sales managers, and other jobs in this category. One of the hindrances for filling the job vacancies is the lack of qualified candidates.
Clerical Support Workers
These jobs are generally related to assisting with how a company functions. They are under an administrative assistant and can be assigned basic tasks such as answering calls and emails. This job category has around 3,000 job vacancies.
Plant and Machine Operators and Assemblers
They operate and monitor industrial or agricultural motor vehicles and machinery. It involves physical strain, making it unattractive, especially for young workers. There are almost 3,000 job vacancies in this category.
Craftsmen and Related Trades Workers
It takes up 3.8% of job vacancies in Singapore. However, some employers may seem to offer unconducive working conditions.
According to the Ministry of Manpower, the Services Industry has the most vacant jobs. A total of 83.5% of job vacancies is needed to be filled up. It includes accommodation, personnel, and Food & Beverage Services.
Most Singaporeans would instead not take up these vacant jobs. Why?
Ministry of Manpower (MOM) shared these top reasons:
- The pay is unattractive.
- They prefer a shorter workweek.
- They think the job is physically strenuous.
- The preference is not to do shift work.
- They find that the working environment is not conducive to them.
- Finally, they find the image of the sector poor.
Since the listed in-demand jobs in Singapore are less appealing to certain Singaporeans, this raises opportunities for foreigners to live in Singapore and find a job in these categories. People from third-world countries would also get even the least paid jobs.
Salaries ranging from SGD 450 to SGD 1,835 may seem low for Singaporeans, but foreign employees consider this enough for them to send money back home to support their families.
Top 5 Least Paid Jobs
Room Attendant and Receptionist
Salary Range per Month: SGD 1,304 – SGD 1,797 (USD 942 – USD 1,300) a month
With billions of tourists visiting Singapore each year, most of them are demanding, and there are fewer servers to attend to them. There are usually no requirements, but some hotels look for training certificates. Some attendants and receptionists also do jobs from other departments due to understaffing.
Nail Technician
Salary Range per Month: SGD 1,200 to SGD 1,800 (USD 867 – USD 1,800) a month
They take care of the clients’ hands and even massage their feet while building a good customer relationship. However, some clients still become irate with hard work and valuable skills to treat nails, hands, and feet. Of course, nail technicians still have to keep a smile despite the demands and mood of the customers.
Service Crew and Waiter
Salary Range per Month: SGD 1,000 – SGD 1,835 (USD 723 – USD 1,326) a month
Keeping a restaurant tidy and smoothly is no joke, especially if the shop is understaffed. A service crew takes and serves orders, cleans and sets tables, and even handles the cash register. There are no requirements for this kind of job, but under-staffing entails that you won’t have holidays.
Cleaner
Salary Range per Month: SGD 1,025 – SGD 1,347 (USD 741 – USD 974) a month
Most Singaporeans will not take this job, it pays less, and the work itself is dirty. On average, the income is USD 700 for half-days. They vacuum, sweep, mop, dust, and clean washrooms. Most Singaporeans would rather let foreigners take this job.
Construction Worker
Salary Range per Month: SGD 450 to SGD 1500 (USD 325 – USD 1,084) a month
Working under the sun’s scorching heat is no fun, especially if the pay is low. It is manual labour that requires physical strength. A construction worker earns USD 450 to USD 1500 depending on the skills and experience.
It does not need detective work to see why Singaporeans are not into these jobs. Job vacancies may be high, but working for low wages is not enticing at all.
RELATED: Where to get a flexible loan for low income earners
Getting a job is vital wherever you are. The salaries may vary, but your survival will greatly depend on how you handle your finances at the end of the day. And whichever job you get, remember that everything will pay off with motivation, dedication, and hard work.
Do you need quick cash while looking for the best highest paying jobs in Singapore? Cash Mart is a legal loan Singapore that lends money to eligible borrowers.