Disclaimer: Except in any other case said, any opinions expressed beneath belong solely to the creator. Knowledge sourced from Michael Web page’s Wage Information Singapore 2026.
Whereas just lately printed job market surveys typically undertaking salaries in Singapore to go up by between 3 and 6%, as ever, it will depend on the enterprise you’re in and your position. Labour, in spite of everything, is topic to the identical legal guidelines of provide and demand that decide the costs of the remainder of items and companies. Employees in demand aren’t solely paid extra however may count on greater annual increments to maintain them from switching to competitors.
As soon as once more, we’d like to have a look into Michael Web page’s Wage Information for 2026, which specialises in recruitment of execs and has shared its projections for pay raises you may count on this 12 months.
Anticipated pay raises in Singapore by sector for 2026
SectorAverage anticipated rangeHigher rangeRoles within the greater rangeAccounting & Finance4 to sixpercentas much as 10percentTax, Threat Administration, Sustainability FinanceBanking & Monetary Services5 to eightpercent12 to fifteenpercentCompliance, Digital Transformation, Sustainability FinanceDigital6 to 9percentas much as 15percentE-Commerce, CRM, Digital StrategyEngineering & Manufacturing10 to fifteenpercentas much as 20percentProcess Engineering, R&D, High quality AssuranceHealthcare & Life Sciences10 to fifteenpercentas much as 25percentRegulatory, Scientific, and Business LeadershipHuman Sources (HR)4 to 7percentas much as 12percentHR Enterprise Companions, Whole Rewards and L&D LeadersLegal5 to eightpercent12 to fifteenpercentRegulatory, Privateness, Expertise CounselMarketing10 to 12percent15 to twentypercentGrowth Advertising and marketing, Model Technique, CRMProcurement & Provide Chain3 to eightpercent8 to 12percentStrategic Sourcing, Provide Planning, SustainabilitySales12 to fifteenpercentas much as 20percentEnterprise, SaaS, Key Account SalesSecretarial & Enterprise Support4 to sixpercentas much as 10percentSenior Govt Assistants and Operations CoordinatorsSustainability & ESG7 to 10percentas much as 15percentReporting, Decarbonisation and Sustainable FinanceTechnology6 to 10percentas much as 18percentAI, Cloud Engineering, and CybersecuritySupply: Michael Web page Wage Information 2026
As you may see in most areas, the increments begin at round what different sources estimated at 3 to 4%. However they differ between industries and particular roles.
Professionals employed in greater demand roles can count on a double-digit elevate this 12 months in almost all circumstances, from round 10% to as excessive as 25% in Healthcare & Life Sciences, the place excessive demand and lack of experience in vital areas power employers to supply aggressive packages to each potential new hires in addition to invaluable current ones.
Expertise in demand
The report additionally lists the Prime 5 abilities at the moment in demand in every sector, and despite the fact that it doesn’t connect a financial worth or a proportion to any of them, it’s a sign that if it’s one thing you’re good at, you’re doubtless to have the ability to ask for extra money than the remainder:
What you may see is how know-how has begun creeping into each discipline—even these seemingly much less technical. In case you’re not required to know a selected instrument or programming language, then you definately at the least need to be competent in knowledge analytics (which often forces you to turn out to be much more technical with time).
AI could appear to be threatening human jobs, however because it stands, these people who know how you can use machines are nonetheless within the highest demand.
Learn extra tales we’ve written on the newest job tendencies right here.
Additionally Learn: Job safety in Singapore: Industries providing essentially the most secure employment, rated by S’poreans
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