Vulcan Post

Wages Are Expected To Rise 2.9%, And Here’s How Much You Should Be Paid In 2017

Maria Safi

Last year, we published an article revealing the salaries that Singaporean employees can expect when Kelly Services, global workforce solutions provider (aka HR firm), released their 2016 salary guide.

However, last November, The Straits Times revealed that “workers in Singapore can expect pay rises of about 2.9 per cent next year (2017), once inflation is taken into account”, according to a survey.

The figure is considerably less than the 4.3 per cent experienced in 2016, but Singapore’s expected 2.9 per cent is still higher than the Asia-Pacific average of 2.6 per cent.

While the 2017 salary guide has yet to be released, we decided to recalculate the figures from last year, and find out how much an employee should be paid with the expected increase of 2.9% this year.

Accounting

Accounting jobs / Image Credit: Robert Half Recruitment
 Role  Qualification  Experience  Salary Range
Accounting Assistant N’/ ‘O’ Levels / Diploma 2-4 2,058 – 3,293
Accounts Officer Diploma / Degree 2-4 2,265 – 3,602
Accounts Payable Specialist Diploma / Degree 2-5 2,675 – 3,910
Senior Accounts Executive Diploma / Degree 3-6 3,087 – 4,116
Accounts Executive Diploma / Degree 2-4 2,881 – 3,602
Accountant / Assistant Accountant Degree 3-6 3,601 -5,660
Senior Accountant Degree 3-6 5,145 – 6,997
Finance Executive Diploma / Degree 3-6 3,190 – 4, 631
Finance Analyst Degree / Master 3-6 4,116 – 5,660
FP & A Analyst Degree 4-8 5,660 – 8,232
Assistant Finance Manager / Finance Manager Degree 5-8 5,660 – 9,261
FP & A Manager Degree 7-12 7, 203 – 10,805
Finance Controller Degree 10-15 8,232 – 15,435
Chief Financial Officer Degree 15-20 10,290 – 20,580
Finance Director Degree 15-20 10, 290 – 20, 580
Audit Internal Auditor / Manager Degree 5-8 5,145 – 8,541
Internal Auditor / Director Degree 12-15 8,232 – 15,435
Treasury Analyst / Senior Treasury Analyst Degree  3-6 4,631 – 7,718

Banking And Finance

Finance Dept / Image Caption: Samsung
Role Qualification Experience Salary Range
Compliance Analyst  Diploma / Degree 1-3 3,087 – 4,631
Compliance Manager Degree / Master 4-7 5,145 – 10,290
Compliance Vice President Degree / Master 8-10 10,290 – 17,493
Risk Analyst Degree 1-3 3,087 – 5,145
Risk Manager Degree / Master 4-7 5,145 – 10,290
Risk Vice President Degree / Master 8-10 10,290 – 17,493
Settlements Analyst Diploma / Degree 1-3 3,087 – 5,145
Settlements Manager Degree / Master 4-7 5,145 – 8,541
Settlements Vice President Degree / Master 8-10 6, 894 – 12,039
Trade Finance Operations Analyst Diploma / Degree 1-3 3,087 – 5,145
Trade Finance Operations Manager Degree / Master 4-7 5,145 – 6,894
Trade Finance Operations Vice President Degree / Master 8-10 6,894 – 12,039
Sales Bancassurance Diploma / Degree 0-5 2,778 – 5,145
Sales Relationship Manager Degree 8-16 3,602 – 5,660

Call Center

Call center employees / Image Credit: Star CRM
Role Qualification Experience Salary
Assistant / Executive N’ / ‘O’ Levels / Diploma 1-5 2,367 – 2,573
Receptionist N’ / ‘O’ Levels / Diploma 1-6 2,161 – 3,190
Telesales / Campaign Executive N’ / ‘O’ Levels / Diploma 1-5 2,264 – 3,602
Reservations Sales Associate Diploma / Degree ‘1-5 2,264 – 3,396
Processing Agent / Consultant N’ / ‘O’ Levels / Diploma ‘1-5 2,264 – 3,602
Customer Contact Consultant Diploma ‘1-5 2,470 – 3,602
Customer Service Officer Diploma / Degree 1-6 2,367 – 3,602
Customer Service Officer / Advisor (Foreign Speaking) Degree  2-6 3,602 – 5,145

Engineering and Technical Services

Engineering Pte. Manufacturing Facility / Image Credit: Getty Images
Role Qualification Experience Salary
Administration & Support Technical Trainer Degree 3-5 4,116 – 6,174
Project Management Site Supervisor N’ / ‘O’ Levels / Diploma 3-5 2,881 – 3,138
Project Management Senior Structure Foreman N’ / ‘O’ Levels / Diploma 3-5 3,087 – 4,630
Project Management Planning Engineer Degree / Master 3-5 4,836 – 5,145
Project Management Assistant Manager – Facilities Degree 3-5 5,145 – 6,174
Project Management HSE Officer Diploma / Degree 3-5 4,116 – 6,997
Project Management Project Engineer Degree / Master 3-10 3,704 – 8,232
Chemical Process Technician Degree / Master 2-3 2,058 – 3,602
Production Process Technician Diploma / Degree 2-3 1,914 – 3, 807
Process Analytical Technology Technician Degree 2-3 3,241 – 4,219
Process Service Technician Diploma / Degree 3-5 2,573 – 5,145
Process Engineering Assistant / Engineer Degree 2-5 2,058 – 5,145
Process Equipment Engineer Degree 2-5 2,367 – 6,174
SPA Technical Lead Engineer Degree 3-5 5,145 – 8,232
Civil Hydraulic Design Engineer Degree 2-5 4,836 – 5,145
Civil Services Engineer Degree 2-5 5,145 – 8,541

 

Role Qualification Experience Salary Range
Mechanical Technician N’ / ‘O’ Levels / Diploma 2-8 2,264 – 2,315
Precision Machinist N’ / ‘O’ Levels / Diploma 2-8 2,470 – 2,470
Technical Service Specialist (Mechnical) Diploma / Degree 2-8 6,174 – 6,431
Mechanical Engineer / Designer Degree 2-8 4,528 – 8,232
Technical Consultant Diploma / Degree 2-8 8,232 – 8,232
Maintenance Technician N’ / ‘O’ Levels / Diploma 2-5 2,574 – 4,116
Maintenance Services Technician / Manager Degree 2-15 2,573 – 15,435
Quality Assurance / Control Draftsman  Diploma / Degree 2-5 4,116 – 5,145
Supplier Quality Engineer Degree  2-5 3,087 – 5,557
Sales & Account Management Field Specialist Degree 2-5 3,293 – 5,145
General Manager – Sales Diploma / Degree 5-10 6,071 – 16,052

Healthcare & Life Sciences

Biomedical Industry / Image Credit: IDEM Singapore
Role Qualification Experience Salary
Assistant Chemist / Chemist Degree 2-5 2,573 – 5,145
Lab Technician / Assistant Diploma / Degree 2-5 2,470 – 4,116
Staff Nurse Diploma / Degree 3-5 2,367 – 4,528
Sample Coordinator Diploma / Degree 3-5 3,293 – 4,116
Development Scientist Degree / Master 3-10 4,013 – 7,203
Scientific and Regulatory Affairs Specialist / Manager Degree 3-10 4,116 -12,348
Manager, Distribution Services Degree 3-10 6,277 – 9,261
Project Manager Degree 3-10 4,116 – 10,084
Quality Lead / Manager Degree 5-10 6,174 – 10,290
R&D Director Degree / Master 5-10 8,232 – 15,435

Human Resources

HR Dept / Image Credit: Zalora
Role Qualification Experience Salary
Payroll Officer Diploma / Degree 1-3 2,573 – 3,087
Human Resource Assistant Diploma / Degree 1-5 2,367 – 3,293
Human Resource Executive Diploma / Degree 3-7 3,087 – 4,116
Payroll Executive Diploma / Degree 3-5 2,881 – 4,116
Human Resource Business Support Specialist Diploma / Degree 3-5 3,602 – 4,323
Senior / Human Resource Generalist Diploma / Degree 3-8 3,602 – 5,145
Human Resource Recruiter Diploma / Degree 2-5 3,087 – 5,145
Human Resource Operations Analyst Diploma / Degree 3-5 4,116 – 5,145
Assistant Human Resource Manager / Manager Diploma / Degree 5-10 4,116 – 6,380
Learning & Development Supervisor / Manager Degree 8-15 5,660 – 7,203
Section Leader, Talent Acquisition Diploma / Degree 3-8 3,910 – 7,718
HR Manager Diploma / Degree 3-8 5,145 – 7,718
Senior / Compensation Executive Diploma / Degree 3-8 4,116 – 8,232
 Human Resource Consultant Degree 7-12 7,460 – 8,232
Human Resource Business Partner Bachelor / Master 8-15 6,894 – 11,113
Regional Organisation Development Manager (APAC) Degree 10-20 12,451 – 15,435

Information Technology

Singapore IT Professionals / Image Credit: HR News
Role Qualification Experience Salary
Application Develoment UAT Testers Degree 2-4 2,058 – 3,293
Oracle Consultant Degree 2-4 2,264 – 3,602
Application Consultant Degree 2-5 2,675 – 3,910
Mobile Application Developers Degree 3-6 3,087 – 4,116
OBIEE Developer Degree 2-4 2,881 – 4,116
Web Developer / Web Master Degree 3-6 3,602 – 5,660
.Net Developer Degree 3-6 5,145 – 6,997
Release Engineer Degree 2-4 5,145 – 7,718
Java Developer Degree 2-4 2,058 – 3,293
Application Deployment and Support Degree 2-4 2,264 – 3,602
Oracle Developer / Lead Degree 2-5 2,675 – 3,910
Application Developer Degree 3-6 3,087 – 4,116
Datawarehouse Developer Degree 2-4 2,881 – 4,116
Test Analyst / Manager Degree 3-6 3,602 – 5,660
 Big Data / Hadoop Developer Degree 3-6 5,145 – 6,997
Support Business Intelligence Developer Degree 4-10 5,351 – 9,467
Associate Consultant / Senior Consultant Degree 2-10 2,675 – 10,290

 

Role Qualification Experience Salary
Data Analyst Degree 3-6 4,116 – 5,762
Project Analyst Degree 2-6 3,602 – 5,917
Mainframe Analyst Degree 4-8 4,939 – 5,968
Business Process Expert Degree 6-8 6,174 – 7,718
Business Analyst Degree 4-8 4,528 – 11,149
Infrastructure Helpdesk Support / Engineer Degree 1-5 2,727 – 4,116
Data Center Support Engineer / Engineer Degree 4-8 3,559 – 6,277
Windows Administrator Degree 4-9 3,602 – 6,689
Infrastructure Lead Degree 6-11 5,865 – 7,203
Voice Network Support Analyst Degree 4-8 2,778 – 7,820
Unix Administrator Degree 4-9 4,116 – 8,232
Database Administrator Degree 4-9 3,910 – 8,438
Cloud Support Engineer Degree 6-10 7,409 – 9,776
IT Security Consultants Degree 6-10 7,203 – 10,290
DevOps Specialist Degree 4-9 6,689 – 9,776
Infrastructure Manager Degree 9-15 7,203 – 12,513

 

Role Qualification Experience Salary
Operations & Service Management Manager Degree 7-14 5,557 – 8,026
Project Manager Degree 8-16 6,689 – 10,290
Business Development Product Sales Engineer Degree 4-9 4,939 – 8,026
Solutions Sales Manager Degree 6-12 6,689 – 11,525
Senior Account Director Masters Masters 11-20 12,348 – 22,638
Finance IT Banking Business Analyst Degree 4-8 5,660 – 8,026
Finance IT Application Developer Degree 5-10 5,660 – 8,644
RAD Developer Degree 5-12 7,512 – 10,805
Project Manager (Finance IT) Degree 10-15 8,232 – 12,348
Murex / Sophis / Calypso Developers Degree 2-7 7,203 – 12,348
Senior Business Analyst Degree 8-12 8,232 – 13,892
Front Office IT Support Degree 6-11 10,084 – 14,818
Program Manager  (Finance IT) Degree 12-16 11,319 – 15,229
Technology Head (Finance IT) Degree 14-20 13,377 – 24,696
FinTech Developers Degree 5-10 7,718 – 12,348

Office Support

Customer service professionals / Image Credit: DBS
Role Qualification Experience Salary
Admin Support N’ / ‘O’ Levels / Diploma 1-5 2,058 – 2,881
Administrative Assistant Diploma / Degree 1-3 1,852 – 3,293
Business Coordinator Diploma / Degree 1-5 2,161 – 3,602
Office Administrator N’ / ‘O’ Levels / Diploma 3-6 2,573 – 3,602
 Customer Service Co-ordinator / Executive Diploma / Degree 1-8 2,573 – 3,910
Admin Executive Diploma / Degree 1-6 2,058 – 4,116
Administrator / Admin Officer Diploma / Degree 1-5 2,161 – 4,631
Facilities Coordinator / Executive Diploma / Degree 1-5 2,264 – 4,631
Event Services Executive Diploma / Degree 1-5 2,264 – 4,631
Programme Administration Officer Diploma / Degree 3-5 2,881 – 4,631
Executive Assistant N’ / ‘O’ Levels / Diploma / Degree 3-8 2,881 – 5,145
Personal Assistant Diploma / Degree 3-8 2,881 – 5,660
Secretary PSC / Diploma 3-8 3,087 – 5,660
Translator Degree 2-5 4,322 – 6,174
Office Manager Diploma / Degree 3-10 3.602 – 6,689
Operations Manager Diploma / Degree 5-8 5,145 – 7,718
Legal Secretary Diploma / Degree 2-5 4,116 – 8,232

Procurement, Supply Chain & Logistics

Logistics warehouse employee / Image Credit: Fool Singapore
Role Qualification Experience Salary
Logistics Officer Diploma 1-4 1,852 – 2,470
Warehouse Assistant / Operator N’ / ‘O’ levels Certificate 1-4 1,646 – 2,470
Driver N’ / ‘O’ levels Certificate 2-6 1,852 – 2,881
Warehouse Supervisor Diploma / Degree 3-6 2,573 – 3,601
Transportation Manager Diploma / Degree 5-10 3,499 – 6,431
Logistics Executive A’ level Certificate / Diploma / Degree 2-6 2,675  – 4,116
Warehouse Manager Diploma / Degree 3-6 6,174 – 8,747
Logistics Manager Diploma / Degree 5-8 5,145 – 9,261
Operations / Shipping Operations Coordinator / Associate N’ / ‘O’ levels Certificate / Diploma 2-4 1,852 – 2,573
Documentation Coordinator N’ / ‘O’ levels Certificate 2-4 1,852 – 3,602
Management & Operations Executive N’ / ‘O’ levels Certificate / Diploma / Degree 3-6 3,087 – 4,631
Management & Operations Assistant Manager / Manager Degree 3-6 3,910 – 5,660
Operations Manager Degree 8-15 6,431 – 11,216
Operations Head Degree 6-12 8,232 – 12,348
Procurement / Purchasing Procurement Officer Diploma / Degree 2-5 2,573 – 3,396
Purchasing Administrator Diploma / Degree 2-5 2,264 – 3,602
Procurement Executive Diploma / Degree 2-5 3,293 – 4,631
Senior Buyer / Buyer Diploma / Degree 3-6 3,087 – 5,660
Senior Procurement Manager Degree 10-20 6,689 – 13,377
Purchasing Manager Degree / Masters 6-9 6,689 – 14,406
Indirect Strategic Sourcing Manager Degree 8-12 7,718 – 14,406
Supply Chain Order Management Executive Diploma / Degree 2-6 2,573 – 4,116
Customer Service Executive / Specialist Diploma / Degree 3-6 2,881 – 4,836
Supply Chain Senior Executive / Executive / Specialist Diploma / Degree 3-8 3,396 – 5,660
Supply Chain Planner Diploma / Degree 3-8 2,881 – 6,174
Supply Chain Manager Degree 6-12 5145-14406

Sales, Marketing & Advertising

Sales employee / Image Credit: Grab
Role Qualification Experience Salary
Sales Associates N’ / ‘O’ Levels 2-5 2,058 – 3,293
Sales Coordinator Diploma / Degree 2-6 2,367 – 3,602
Customer Care Advisor / Specialist Degree 2-5 2,367 – 4,116
Sales Executive Diploma 2-5 2,881 – 4,116
Account Manager Degree 3-5 3,499 – 6,174
Business Development Executive / Manager Degree 3-5 2,470 – 6,586
Sales Manager Degree 4-8 4,631 – 8,232
Sales Supervisor / Manager Degree 3-10 3,910 – 11,113
Sales Director Degree 8-15 8,232 – 12,348
Product Development Manager Master 10-15 9,261 – 12,348
 Head of Technical Development Master Dec-15 10,290 – 15,435
Head of Sales / GM Degree 8-12 7,203 – 16,464
General Manager – SME Degree 12-15 10,290 – 18,522
Creative Junior Creative Designer Diploma / Degree 2-5 2,161 – 3,396
Graphic Designer Diploma / Degree 2-5 2,367 – 3,602
3D Animator Diploma / Degree 2-5 3,602 – 5,145
Marketing & Communications Content Officer Diploma / Degree 3-5 3,293 – 4,322
Marketing Executive, Regional Degree 3-5 3,396 – 4,631
Corporate Communications Senior Manager Degree 3-10 5,145 – 8,232
Digital Marketing Manager Degree 4-10 6,174 – 10,290
Marketing Manager Degree 6-10 6,689 – 10,290

Will These Numbers Come True?

HrmAsia mentioned that one of the reasons for the lower percentage is due to the “rising inflation between 2016 and 2017, from 0.3% deflation in 2016 to 1.1% inflation in 2017”.

Moreover, China’s slowing growth has lessened the demand and trade in Asian countries, affecting inflation rates in trade-reliant economies like Singapore.

2017 has just begun, and while the actual figures and percentages have yet to be revealed, this is probably what we can expect from our wages in 2017.

Featured Image Credit: localnewsingapore.com

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