Average salary
in Singapore

SALARY PAYMENT IN Singapore Dollar (SGD)

CONTRACT LANGUAGES English

PAYROLL TAX 22%

PAYROLL CYCLE Monthly

TIME TO HIRE 12 hours
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Horizons-owned entity with local country experts in Singapore.

We offer fair, scalable, and transparent pricing on Singapore PEO service. Contact us for a cost breakdown

End service in Singapore with no additional penalties or fees.

Horizons is enrolled in the Singapore Tech Visa Program.

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Singapore

What is the average salary in Singapore?

The average salary in Singapore is approximately SGD 5,847 per month which is approximately SGD 70,000 per year.

Are there regional variations in Singapore’s average wage?

There are no regional variations in Singapore’s average wage.

How does the average salary in Singapore compare to surrounding countries?

Singapore has the highest average salary compared to other countries in Southeast Asia and pays some of the highest salaries in the world. The average monthly salary is significantly higher than those of neighboring countries such as Malaysia, Indonesia and Thailand, however, this also reflects the higher living standards and associated costs of living in Singapore as compared to its neighboring countries.

Average salary in Singapore based on Industry

What is the median income for tech workers in Singapore?

The average salary for a tech worker is SGD 3,600 per month in Singapore.

What is the median income for engineers in Singapore?

The average salary for an engineer is SGD 4,000 per month in Singapore.

What is the median income for salespeople in Singapore?

The average salary for a salesperson is SGD 3,425 per month in Singapore.

What is the median income for my industry in Singapore?

Hiring in Singapore, Made Easy

Your business can easily hire employees in Singapore without opening a local entity. We handle local employment law, complex tax regulations, and international payroll in 180+ countries worldwide. All you need to do is focus on your business.

FAQs

My budget is less than the average salary in Singapore. How can I still hire the talent I need?

You can take advantage of government funding initiatives such as the Career Support Programme (CSP) which offers wage support to employers hiring local professionals, managers, engineers and technicians.

Horizons supports 180+ countries worldwide and provides expert recruitment services as an add-on to our hiring solutions.

Where in Singapore is the average salary lowest?

As a city-state, there are no regional variations in Singapore’s average wage.

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"As a seed-stage, London-based startup, we were initially hesitant to expand internationally due to the administrative workload involved. Horizons took the headache out of the process, allowing us to hire a team of software engineers in Germany."

Gabor SzedlakCo-founder & COO at MindLabs (UK)

"I truly appreciated the thoroughness and the professionalism of Horizons personnel while we hired internationally with them. They were knowledgable on all subject matters pertaining to international employment."

Gary PaskyVP Software Development, PICS ITech (USA)

"On deciding to begin commercial activities in Asia Pacific, we needed a provider to handle the employment and remuneration of our workforce. With Horizons the result was fast, efficient, and fit-for-purpose. We recommend Horizons as an EOR provider.”

Chris MorrellManaging Director, Schaeffler Group (Germany)

"The collaboration with the Horizons team is excellent. Both our local employee as well as our HQ in Germany are more than pleased with the support provided and the simplicity of the service. We can highly recommend the Horizons solution to anyone."

Christoph EngelbertCo-Founder & CTO, Clevabit (Germany)

"We needed an EOR that could provide expert support for payroll in APAC. We are pleased with Horizons’ expertise and the fact that they are flexible, responsive, and easily accessible from Belgium. They were able to provide services within the short timeline we required."

Katia FlamandHuman Resources, Devian Chemicals (Belgium)

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