2024 Salary Guide: IT

December 31, 2023

When it comes to IT salaries, Singapore is a great place to be. The average salary of an Information Technology Specialist varies dependent on the level of experience you’ve acquired.

Though, there’s a big difference between the lowest salary of a person at the beginning of their career to the highest salary of a director. Want to advance your IT career? Here’s what you need to know:

 

Hot Jobs for 2024 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

Sr. Director (15-20 years) / GM/VP/MD/CxO (20+ years)
Job Title Representative/Consultant (3-8 years) Manager/Director (10-15 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 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+
 

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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Back to Ultimate Singapore Salary Guide.

Source: Morgan McKinley

 
Harry Suresh
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