2020 Salary Guide: IT

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Want to advance your IT career? Here’s what you need to know:

Hot Jobs for 2020 in Singapore

This year, hiring managers are looking out for:

IT product engineering

  • Frontend developers
  • Backend developers
  • Software engineers
  • UI/UX developers
  • Full-stack engineers (Go, Ruby, JavaScript)
  • Java engineers
  • Data engineers (with SQL and Python qualifications)

IT infrastructure

  • Cloud Engineer
  • DevOps managers
  • Network engineers to manage core infrastructure

 

Emerging Skills & Hiring Trends

IT product engineering

  • Are you proficient in machine learning and Artificial Intelligence? There’ll be more job openings available for you
  • There’s also high demand for product engineers in different sectors, including Fintech

IT infrastructure

  • Pursuing roles in core tech infrastructure? You should be well-versed with scripting and automation
  • There’s growing demand for IT professionals with Cloud management and DevOps skills
  • Practical experience will give you an advantage – have you directly applied your knowledge in a production setting?

 

Singapore Average Salary: IT

This is the average annual salary in Singapore for IT jobs:

Cyber Security, Governance and Audit in Innovation & Technology

Job Title Manager/AVP (5-10 years) Senior/Manager/VP (10-15 years) Director (15-20 years) / CxO (18-25 years)
Cyber Security Operation $90,000-$120,000 $120,000-$200,000 $200,000-$300,000+
Cyber Security Specialist $90,000-$120,000 $120,000-$240,000 $240,000-$300,000+
Cyber Security Engineering $80,000-$120,000 $120,000-$240,000 $240,000-$300,000+
Information Security $80,000-$120,000 $120,000-$240,000 $240,000-$300,000+
Technology Risk & Governance $80,000-$120,000 $120,000-$240,000 $240,000-$350,000+
IT Audit $80,000-$120,000 $120,000-$230,000 $200,000-$350,000+
IT Security $80,000-$120,000 $120,000-$180,000 $180,000-$350,000+
Security Project / Program Manager $70,000-$120,000 $120,000-$200,000 $200,000-$350,000+

 

Sales & Pre-sales Salaries – Vendor, System Integrator, Fintech & Telecommunications

Job Title Representative/Consultant (3-8 years) Manager/Director (10-15 years) Sr. Director (15-20 years) / GM/VP/MD/CxO (20+ years)
Inside Sales $120,000-$180,000 $180,000-$300,000 $300,000-$450,000+
Business Development $120,000-$250,000 $250,000-$350,000 $350,000-$450,000+
Direct Sales $100,000-$250,000 $250,000-$350,000 $350,000-$550,000+
Channel Sales $120,000-$180,000 $180,000-$300,000 $300,000-$500,000+
Account Management $90,000-$200,000 $200,000-$300,000 $300,000-$400,000+
Pre Sales (Fintech) $150,000-$180,000 $175,000-$220,000 $250,000-$500,000+
Solution Architect / Pre Sales $150,000-$250,000 $250,000-$350,000 $350,000-$450,000+

 

IT Product & Engineering Salaries in Technology, Telecommunications & Fintech

Job Title Specialist Senior Specialist Manager/Senior Manager/VP/Director & Above
Software Engineering, Front End $60,000-$78,000 $78,000-$126,000 $126,000-$170,000+
Software Engineering, Back End $80,000-$95,000 $95,000-$114,000 $114,000-$160,000+
Software Engineering, Full Stack $80,000-$95,000 $95,000-$114,000 $114,000-$160,000+
Mobile Engineering (Android / iOS) $60,000-$75,000 $80,000-$100,000 $100,000-$150,000+
Quality Assurance / Testing $60,000-$80,000 $80,000-$120,000 $120,000-$170,000+
UI / UX $50,000-$80,000 $90,000-$140,000 $120,000-$180,000+
Product Management $60,000-$90,000 $90,000-$140,000 $120,000-$200,000+
Business Intelligence / Data Engineering $40,000-$90,000 $90,000-$170,000 $140,000-$240,000+
Data Science / Artificial Intelligence $40,000-$90,000 $90,000-$170,000 $140,000-$240,000+

 

IT Product & Engineering Salaries in Banking & Financial Services

Job Title Analyst/Senior Analyst AVP VP, Director/Managing Director
Software Engineering, Front End $40,000-$85,000 $85,000-$150,000 $140,000-$240,000+
Software Engineering, Back End $40,000-$90,000 $90,000-$170,000 $140,000-$240,000+
Software Engineering, Full Stack $40,000-$90,000 $90,000-$170,000 $140,000-$240,000+
Quality Assurance / Testing $40,000-$90,000 $90,000-$170,000 $140,000-$240,000+
UI / UX $40,000-$85,000 $85,000-$150,000 $140,000-$240,000+
Business Intelligence / Data Engineering $40,000-$90,000 $90,000-$170,000 $140,000-$240,000+
Data Science / Artificial Intelligence $40,000-$90,000 $90,000-$170,000 $140,000-$240,000+

 

Infrastructure Salaries in Technology, Telecommunications & Fintech

Job Title Junior (3 – 5 years) Mid (5 – 10 years) Senior (10+ years) / VP Director
Data Centre $50,000-$70,000 $70,000-$120,000 $150,000-$250,000+
Database $50,000-$70,000 $70,000-$120,000 $150,000-$250,000+
End-User Computing (Desktop / Messaging / Collaboration) $50,000-$70,000 $70,000-$120,000 $150,000-$250,000+
Cloud $50,000-$70,000 $70,000-$120,000 $150,000-$250,000+
Network (Data / Voice / Firewall) $50,000-$70,000 $70,000-$120,000 $150,000-$250,000+
Project Management $50,000-$70,000 $70,000-$120,000 $150,000-$250,000+
Servers (Unix / Linux / Wintel) $50,000-$70,000 $70,000-$120,000 $150,000-$250,000+
Storage $50,000-$70,000 $70,000-$120,000 $150,000-$250,000+
DevOps $70,000 $150,000 $250,000+

 

Infrastructure Salaries in Financial Services

Job Title Analyst Associate / AVP / Manager VP / SVP / Director
End-User Computing (Desktop / Messaging / Collaboration) $80,000-$100,000 $100,000-$150,000 $150,000-$250,000+
Network (Data / Voice / Firewall) $80,000-$100,000 $100,000-$150,000 $150,000-$250,000+
Storage $80,000-$100,000 $100,000-$150,000 $150,000-$250,000+
Database $80,000-$100,000 $100,000-$150,000 $150,000-$250,000+
Middleware $80,000-$100,000 $100,000-$150,000 $150,000-$250,000+
Servers (Unix / Linus / WIntel) $80,000-$100,000 $100,000-$150,000 $150,000-$250,000+
Data Centre $80,000-$100,000 $100,000-$150,000 $150,000-$250,000+
Cloud Engineer / Architect $80,000-$100,000 $100,000-$150,000 $150,000-$250,000+
Infrastructure Project Management $100,000-$150,000 $150,000-$250,000+
Technical Infrastructure Architecture $120,000-$180,000 $180,000-$250,000+
DevOps $100,000-$120,000 $120,000-$180,000+ $180,000-$250,000+
ITIL Process Owner (Incident / Problem / Change/ etc.) $80,000-$100,000 $100,000-$150,000+ $150,000-$250,000+

 

Development and Testing Salaries in Financial Services

Job Title Analyst Associate / AVP / Manager VP / SVP / Director
C++ Developer $65,000-$90,000 $90,000-$150,000 $150,000-$200,000+
Java Developer (Server side & Front End) $65,000-$90,000 $90,000-$150,000 $150,000-$200,000+
C#/ .net Developer (Server side & Front End) $65,000-$90,000 $90,000-$150,000 $150,000-$200,000+
Full Stack Engineer/Developer $65,000-$90,000 $90,000-$150,000 $150,000-$200,000+
Technical Lead $65,000-$90,000 $90,000-$150,000 $150,000-$200,000+
Automation Engineer $65,000-$90,000 $80,000-$120,000 $120,000-$180,000+
QA Tester $65,000-$90,000 $80,000-$120,000 $120,000-$180,000+
Development Lead/Manager $65,000-$90,000 $90,000-$150,000 $150,000-$200,000+
Head of Development $65,000-$90,000 $90,000-$150,000 $150,000-$200,000+

 

Application Support Salaries in Financial Services

Job Title Analyst AVP VP / Director
Level 1 / 2 Technical Support $60,000-$90,000 $90,000-$130,000 $130,000-$160,000+
Level 3 Technical Support $70,000-$100,000 $100,000-$130,000 $130,000-$180,000+
Application Support (BO / MO) $60,000-$90,000 $90,000-$110,000 $110,000-$160,000+
Trader Support (FO) (Application) $75,000-$100,000 $100,000-$150,000 $150,000-$280,000+
Application Support Vendor Management $200,000-$300,000+
Head of Application Support (FO) $150,000-$350,000+

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Source: Morgan McKinley

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