Singapore is the most popular student destination in Asia. One of the four 'Asian Tiger' economies, Singapore is renowned for its rapid economic growth in the second half of the twentieth century. Home to some of the top recruiters, jobs in Singapore can pay around 50,000 to 150,000 SGD a year.
Public universities in Singapore ranking amongst top universities across the globe (NUS, NTU), it is truly a center for research and innovation. Not only education, but Singapore also offers amazing opportunities of employment to international students.
With an unemployment rate of just 2.7%; Singapore is a student-friendly country to keep an eye on while looking or studying abroad. 56% of Singaporean employers say they struggle to fill open jobs due to the lack of skills. These factors together make studying in Singapore becoming increasingly popular.
Further, the different kinds of work permits offered in the country make it easier for international students to get selected for the same and find employment as soon as possible. This article will help you:
- Understand different kinds of work permits offered in Singapore
- Find top-recruiters in the country
- Study salary ranges across different job profiles in Singapore
- Study salary ranges across different universities in Singapore
- Understand the concept of part-time jobs in Singapore
Jobs in Singapore with Top Recruiters
Singapore is a massively growing economy which now is home to some of the world renowned recruiters. Among some of these include names like Cognizant, Intel, Dell, Amazon, Unilever, etc.
Some of the top recruiters and the salaries offered by them are discussed below:
| Top Recruiters in Singapore | Average Salary Offered |
|---|---|
| Banca della Svizzera Italiana AM | SGD 400,000 |
| DVB Bank | SGD 350,000 |
| CA Indosuez Private Banking | SGD 319,000 |
| Greenwich Associates | SGD 299,000 |
| Gunvor | SGD 294,000 |
| ICBC Standard Bank Plc | SGD 275,000 |
Aside of the names mentioned above, international students graduated from universities in Singapore can also get a job with Accenture, AXA, BNP Paribas, Citibank, Deloitte, Deutsche Bank, EY, ExxonMobil, GlaxoSmithKline, HSBC, IBM,InterContinental Hotels Group, Johnson & Johnson, KPMG, Novartis, PwC, Procter & Gamble, Shell, and Siemens.
Jobs in Singapore with Top Start-ups
Startups are popular recruiters all over the world. They are the perfect place to look for new ideas and innovation. Even though joining a start-up may seem like a risk, it is a great place to earn experience and learn professional skills. Start-ups are much more inclusive, especially of freshers and therefore, they are easier to get into.
The following startups have been listed in LinkedIn’s top startups in Singapore list of 2021:
| Start-up | Year Founded | Latest Funding Figures Available |
|---|---|---|
| Advance Intelligence Group | 2016 | US$ 400.0M |
| Endowus | 2017 | US$ 1.7M |
| Homage | 2016 | US$ 29.8M |
| Secretlab | 2015 | US$7.2M |
| Aspire | 2018 | US$100M |
| StashAway | 2016 | US$25M |
| Doctor Anywhere | 2017 | US$65.7M |
| ShopBack | 2014 | US$30M |
| Carro | 2015 | US$360M |
| Nium | 2015 | US$200M+ |
| Validus | 2015 | US$37.4M+ |
| MiRXES | 2014 | US$77M |
| Zenyum | 2018 | US$40M |
| 99. co | 2014 | US$8M |
| Ninja Van | 2014 | US$578M |
Jobs in Singapore after Studies
Singapore is known for technology and innovation, most universities in Singapore focus on research-based education, primarily concerned with Asian perspectives and experience. With two public universities in the top-15 universities of the world, Singapore is definitely at par with global education standards.
The following table will help you understand the average salaries that a graduate from Singapore can expect in different fields:
| University | Salary Range (SGD/year) |
|---|---|
| Curtin University of Technology | 66,000 to 91,000 |
| Management Development Institute of Singapore | 64,000 |
| Nanyang Business School | 81,000 to 115,000 |
| Nanyang Polytechnic | 40,000- 49,000 |
| Nanyang Technological University | 80,000 to 112,000 |
| National University of Singapore | 96,000-158,000 |
| Ngee Ann Polytechnic | 36,000-110,000 |
| Singapore Institute of Management | 56,000 to 24,000 |
| Singapore Institute of Technology | 36,000-52,000 |
| Singapore Management University | 71,000-120,000 |
| University of Nevada Las Vegas Singapore | - |
Top Jobs in Singapore
Singapore is known for technology and innovation around the globe. It is no shock to realize that the most popular job profiles in Singapore are based on technology specialization. The following table will help you understand popular job profiles in Singapore so that you can hone your skills accordingly:
| Job Profile | Average Annual Salary | Recruiters |
|---|---|---|
| AI Specialist | S$58,0000 | Pencil, Accenture, Samsung |
| Digital Marketer | S$36,000-84,000 | Randstad, Singtel, PropertyGuru.com |
| Robotics Engineer | S$17,000-84,000 | GE, Polybee, PATEC Group |
| Full Stack Engineer | S$36,000-96,000 | Nexlabs, Singtel, Transferwise |
| Backend Developer | S$24,000-96,,000 | Reebelo, Qavar, Shell Infotech |
| Data Analyst | S$20,000-102,000 | HP, KPMG |
| DevOps Engineer | S$48,000-96,000 | Quantlab, Volt, Binance |
| Data Engineer | S$46,000-133,000 | HP,Indeed,Rakuten |
| Cyber Security Specialist | S$46,000-60,000 | Volt, Singtel, Govtech |
| Partnership Specialist | S$36,000-60,000 | Singtel, Bytedance, TikTok |
| Clinical Specialist | S$80,000-90,000 | Thermo Fisher, Changi General Hospital |
| E-Commerce Specialist | S$34,000-133,000 | Hasbro, Tate Asia, SalesForce |
| Product Owner | S$61,000-200,000 | Bank of Singapore, Singtel, TikTok |
| Creative Copywriter | S$34,000-63,000 | Elixir Technology, Ogilvy |
| Human Resources Professional | S$17,000-142,000 | Hubble, Embraer, TikTok |
| UX/UI Professional | S$3,000-66,000 | HP,Razer, Credit Suisse |
Jobs in Singapore: Highest Paying Sectors
Job Profiles can make or break one’s career. It is extremely important to look at different sectors along with the pay they offer in each profile while choosing a career to pursue. The following careers have been listed as the highest paying careers in Singapore:
| Careers | Average Salary/month |
|---|---|
| Surgeons/Doctors | 31,400 SGD |
| Judges | 26,400 SGD |
| Lawyers | 21,400 SGD |
| Bank Managers | 20,100 SGD |
| Chief Executive Officers | 18,900 SGD |
| Chief Financial Officers | 17,600 SGD |
| Orthodontists | 17,000 SGD |
| College Professors | 15,100 SGD |
| Pilots | 12,600 SGD |
| Marketing Directors | 11,300 SGD |
However, these careers might face drastic differences across various job profiles. The section below explains average salaries across different job profiles:
Highest Paying Jobs in Management in Singapore
Management is one of the most popular preferences among graduates. The average monthly salaries for different Management Profiles in Singapore have been mentioned below:
| Job Profile | Average Salary in Singapore/month |
|---|---|
| Chief Executive Officer | SGD 18,900 |
| Chairman of The Board | SGD 18,300 |
| Chief Financial Officer | SGD 17,300 |
| Regional Director | SGD 16,800 |
| Executive Manager | SGD 15,300 |
| Chief Corporate Officer | SGD 15,200 |
| Managing Director | SGD 15,100 |
| General Manager | SGD 14,700 |
| Risk and Capital Manager | SGD 14,200 |
| Chief Operating Manager | SGD14,100 |
Highest Paying Jobs in Engineering in Singapore
B.tech and Engineering are the popular science fields throughout the globe, mentioned below are the average salaries offered to graduates in engineering in Singapore:
| Job Profile | Average Salary in Singapore |
|---|---|
| Director of Engineering | SGD 15,100 |
| Eng. Production Manager | SGD 13,200 |
| Field Engineering Manager | SGD 12.600 |
| Electrical Engineering Manager | SGD 11,300 |
| Key Account Manager | SGD 11,100 |
| Projects Manager | SGD 10,400 |
| Mechanical Engineering Manager | SGD 10,100 |
| Engineering Sales Manager | SGD 9,810 |
| Engineering Consultant | SGD 9,430 |
| Chief Engineering | SGD 9,220 |
Highest Paying Jobs in Hospitality in Singapore
Singapore is popular for hospitality and tourism. It is one of the highest-paid careers in the country. The average salaries across different profiles in hospitality for people working in Singapore have been mentioned below:
| Job Profile | Average Salary in Singapore/month |
|---|---|
| Hospitality Director | SGD 15,700 |
| Hotel Manager | SGD 15,100 |
| Fleet Manager | SGD 12,900 |
| Cluster Director | SGD 12,600 |
| Regional Restaurant Manager | SGD 11,900 |
| Assistant Manager | SGD 11,400 |
| Hotel Sales Manager | SGD 11,300 |
| Food Service Manager | SGD 10,800 |
| Restaurant Manager | SGD 10,200 |
| Reservations Manager | SGD 10,100 |
Highest Paying Jobs in Healthcare in Singapore
Healthcare, the ever-developing sector, is one of the highest-paid sectors in the world. Healthcare workers are always in demand and have gained huge respect throughout centuries, especially in the pandemic. The salaries across different profiles in the healthcare sector have been mentioned in the table below:
| Job Profile | Average Salary in Singapore/month |
|---|---|
| Heart Transplantation Surgeon | SGD 37,700 |
| Chief of Surgery | SGD 36,500 |
| Orthopedic Surgeon | SGD 35,200 |
| Reconstructive Surgeon | SGD 33,900 |
| Invasive Cardiologist | SGD 33,500 |
| Neurology Surgeon | SGD 33,200 |
| Pediatric Surgeon | SGD 29,300 |
| Urologist | SGD 27,900 |
| Internist | SGD 26,200 |
| Chief of Psychology | SGD 24,900 |
Highest Paying Jobs in IT in Singapore
Known for its innovation and technology, Singapore provides a larger scope for graduates in IT and Technology. The table below discusses the average monthly salaries of people working in the IT sector across Singapore:
| Job Profile | Average Salary in Singapore/month |
|---|---|
| Chief Information Officer | SGD 13,800 |
| Online Banking Manager | SGD 13,200 |
| IT Project Manager | SGD 12,600 |
| Infrastructure Manager | SGD 12,200 |
| Head of Development | SGD 11,900 |
| Chief IT Security Manager | SGD 11,700 |
| Web Security Manager | SGD 11,600 |
| Intelligence Manager | SGD 11,400 |
| Technical Project Manager | SGD 11,200 |
| IT Sales Manager | SGD 11,100 |
H2: Effect of Covid-19 on Jobs for International Students in Singapore
Singapore has had a moderate decrease in graduate recruitment. Some recovery is expected to happen in 2021-2022, followed by a dip in the numbers again. The government of Singapore has developed a support package to reskill and support unemployed workers.
Many recruiters have chosen online methods for both pre and post recruitment procedures. Employers have been investing in reworking their recruitment processes in the light of Covid-19.
People expect a similar online-mode structure to continue in the near future.
According to a report by Statista, there was a 7% loss in jobs as of March 2020, the beginning of the Pandemic. Data post this period has not been made available yet. About 16% of the population took up odd jobs during the pandemic. Among the graduates of SIT in 2020, 95% of the students could find employment despite the ongoing pandemic (report in The Straits Time).
H3: Highest Paying Jobs in Finance:
The following table shows salary differentiation across various fields in Finance:
| Job Profile | Average Salary in Singapore |
|---|---|
| Chief Financial Officer | SGD 17,500 |
| Financial Manager | SGD 16,600 |
| Investment Advisor | SGD 15,800 |
| Risk Management Director | SGD 14,200 |
| Economist | SGD 13,800 |
| Tax Director | SGD 13,700 |
| Audit Director | SGD 13,600 |
| Investment Fund Manager | SGD 13,200 |
| Accounting Manager | SGD 12,600 |
| Auditing Manager | SGD 12,300 |
Part-time Jobs in Singapore
Part-time jobs are easy to find and require little or no experience. They are usually for freshers or current students who would like to add a little experience and finance into their lives. Training for such jobs is usually provided on the spot and your employer might look into your transport expenses or compensate in the form of discounts.
Students in Singapore usually work in malls, stores, restaurants, cafes, libraries, or any other sort of services that do not necessarily require specialized education. These jobs require 5 days of work accounting for up to 12 hours per week. Weekends are usually compulsory to compensate for less hours worked during weekdays. These jobs can help you support your education and other bills.
Where to find part-time jobs in Singapore?
Online sites like LinkedIn, Monsters.com, JobsCentral, etc. Some universities collaborate with firms that can help students find part-time jobs easily. They also offer Teacher’s Assistant programs to students to avail themselves of some extra credits.
How to Find Jobs in Singapore: Work Permits
A work visa for Singapore is required and students are granted 90 days post their student pass has expired. This permit allows them to stay and look for a job while they get a proper work visa. However, the students may not take any kind of employment while on a temporary visa. International students in Singapore can apply for four kinds of work permits:
Long-term Social Visit Pass (LTVP): This permit is restricted to students who are graduating from a university listed in the Institutes of Higher Learning and seeking employment in Singapore. They have an option to apply for a year of non-renewable LTVP. International students can use this period to work and stay in Singapore.
Employment Pass in Singapore: One of the most common work visas for students to remain and work in Singapore, this visa caters to foreign professionals who work in managerial, administrative, executive, or specialized jobs. The applicants for this visa must meet a minimum salary of S$4.500 per month. Other Requirements include a good university degree, professional qualifications, and specialist skills. Their employer must sponsor the work visa.
S Pass: Another common work visa for international students to remain and work in Singapore after their studies is the S Pass. This work visa applies to mid-skilled foreign employees who work as technicians or specialists. Applicants must meet the minimum salary requirements of S$2,500 per month. Other requirements include educational qualifications, such as a degree or a diploma. The employer must sponsor their work visa.
Discussed below is an overview of the visas mentioned above in the following table:
| Type of Visa | Restriction | Visa Duration | Renewable | Sponsorship Needed | Dependents allowed |
|---|---|---|---|---|---|
| Long Term Visit Pass | Graduates from the Institutes of Higher Learning. | 1 year | No | No | No |
| Employment Pass | Minimum Salary of S$4,500 per month. | 2-3 years | Yes | Yes | Yes, meet min salary criteria of S$6,000. |
| S Pass | Minimum salary of S$2,400 per month. | 2 years | Yes | Yes | Minimum salary criteria of S$6,000. |
| EntrePass | Registered with ACRA | 1-2 years | Yes | No | Yes, annual business spending must be at least S$100,000. |
Singapore has a successful free-market economy and regularly scores well on lists of the least corrupt nations in the world. The country's port is one of the busiest in the world, with exports vital to the economy. Employers in Singapore are eager to acquire foreign talent and as such salaries can be extremely lucrative as recruiters try to entice international workers.
While the country may be crowded it is known for its safety and efficiency. Combine these things with a high standard of living and a welcoming multicultural society and it's obvious why Singapore is so popular with job-seeking graduates.
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