1、www.singapore.rgf-RGFSalary Watch 2024SingaporeRomikka GangulyManaging DirectorRGF Professional Recruitment SingaporeWe project a conservative employment land-scape for the 1st quarter of 2024,characterised by caution among both clients and candidates.Ongoing economic uncertainties continue to influ

2、ence hiring decisions,prompting a mea-sured and strategic approach in workforce plan-ning.Candidates are also displaying increased cau-tion before making job changes during this period.This may be due to the prevailing market conditions which favour job stability,necessitating a careful evaluation o

3、f the long-term implications of any career transitions.Notably,the predominant demographic of active job seekers in the market comprises of individuals who have unfortunately faced layoffs.Recognising and addressing the specif-ic needs of this talent pool is crucial,and recruitment strategies should

4、 be tailored accord-ingly to address their specific needs.Despite an overall conservative environment,some specific sectors are expected to witness expansion.Some of these industries include the Manufacturing and Electronics sectors following the increased demand in semiconductors glob-ally.Despite

5、the layoffs that have hit the global tech industry,specific roles in Research and Development(R&D)and Artificial Intelligence(AI)are poised for growth,mirroring the ever-evolv-ing demands of the market.Additionally,oppor-tunities in Supply Chain management and Tech-nology transformation are also exp

6、ected to increase,offering avenues for strategic talent acquisition.The 1st quarter of 2024 is expected to witness a stable salary environment,with no significant increases anticipated.This aligns with the cau-tious approach prevalent in the broader job market,emphasizing stability over aggressive c

7、ompensation adjustments.Looking ahead,a gradual recovery in the job market is anticipated during the 2nd half of 2024.As economic con-ditions stabilize and uncertainties recede,busi-nesses are expected to regain confidence,lead-ing to an upswing in hiring activities.In this report,we deep dive into

8、these trends and more in Singapore s salary landscape across Healthcare and Life Sciences,the Indus-trial sector,Banking,Financial Services and Insurance,Consumer,Corporate Services,Supply Chain and Technology.We hope the insights provided for you in this report will serve as a valuable resource in

9、navi-gating the job market this year.Adaptability:Guiding us through the ever-changing landscape of opportunitytable of contentsAbout the Report0301About RGF4603Job Market Trends&Salary Data04-3002Consumer GoodsIndustrialHealthcare&Life SciencesFinancial ServicesCorporate ServicesTechnology&Digital0

10、40914203139About the ReportRGFs Salary Watch:Singapore report aims to shed light on salary trends and data across all industries and job levels in Singapore.This report is based on RGF-owned talent pool covering close to 10,000 candidates,with data collection conducted from November 2022 to December

11、 2023.The definition of annual basic salary used throughout this report does not include allowances,stocks,bo-nuses,or any other additional benefits.Due to the real-time nature of some of this data,RGF encourages readers to use these insights at their discretion.Salary Watch03CONSUMERGOODSThe Retail

12、 sector plays a pivotal role in Sin-gapore,contributing approximately 1.4 per cent of Singapores Gross Domestic Prod-uct.It encompasses 15,860 enterprises and sustains a workforce of 116,000 individuals.With Asia experiencing remarkable econom-ic growth,it is anticipated to foster a bur-geoning cons

13、umer market which will include 3.2 billion people in the middle-class seg-ment by 2030.1 This projected surge in con-sumer demands propels growth within the industry,consequently generating employ-ment opportunities for the sector.In 2022,the Retail Industry Transformation Map(ITM)2025 was launched,

14、aiming to establish a core of international Singapore brands and elevate employment standards in the industry,positioning Singapore as a global lifestyle and retail hub.2 The largest salary increases have been observed in functions such as E-Commerce,Digitaliza-tion,and Supply Chain.During the Covid

15、-19 pandemic,one of the most impacted indus-tries was Consumer and Retail.Organisa-tions lacking robust E-Commerce,Digitaliza-tion,and Supply Chain functions were sig-nificantly affected.Therefore,there is a heightened focus on strengthening these functions in todays world,leading to a high demand f

16、or professionals in these areas and subsequently higher salaries being paid.041.2.https:/www.moe.gov.sg/sgis/sponsoring-organisations/in-dustries/lifestyle-and-foodhttps:/content.mycareersfuture.gov.sg/singapores-retail-sector-resilient-rebounding-risingBY SECTORKEY SALARY FIGURESBY SECTORHOT JOBSAv

17、erage salary increase receivedby employeesAverage salary increase employersare expected to offer202220237%22%202220238%12%Percentage increase from2023 to 2024+4%Percentage increase from2023 to 2024+3%E-commerceEcommerce Operations and Management,Data Analytics and Performance Monitoring,Custom-er En

18、gagement and Acquisition.Most in-demand skills:DigitalizationDigital Strategy and Transformation,Change Management and Leadership,Digital Project Management.Most in-demand skills:05CONSUMER GOODS06SGD(Unit:1,000)RGF 2024 SALARY WATCH DATA:SINGAPOREPositionWorkingExperience(yrs.)Company Type2,5001,30

19、02457505002001,4009006002,4301,3002801,5006801404103001201,0005003001,350680140Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME20+15-2020+20+MINMAXSenior managementCEOPresidentGM/BUHeadVPCOOPositi

20、onWorkingExperience(yrs.)Company Type75050023026023014020018012041028015018016010014012080Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME15-208-105-8MINMAXBusiness Strategy&CommercialDirectorManagerSupervisorPositionWorkingExperience

21、(yrs.)Company Type80052025026024015022018015045027012018016010014012080Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME15-208-105-8MINMAXE-commerceDirectorManagerSupervisorPositionWorkingExperience(yrs.)Company Type7505002002602502001

22、8014010041028012020018012012010070Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME15-2010-155-8MINMAXSales&Business DevelopmentHeadManagerSenior ManagerSupervisor*Salary Definition:Annual Basic Salary(not including allowance,stock,bon

23、us etc.)07PositionWorkingExperience(yrs.)Company Type75050022026023014020018012041027012018016010015012080Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME15-208-105-8MINMAXCRM&Account ManagementDirectorManagerSupervisorPositionWorking

24、Experience(yrs.)Company Type1,0006503002802101201801609054035017020015010012010060Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME15-2010-155-8MINMAXMarketing&BrandingDirectorManagerSupervisorPositionWorkingExperience(yrs.)Company Typ

25、e75050022026024016020018012041027012018016011015012080Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME15-208-105-8MINMAXPR&CommunicationDirectorManagerSupervisorPositionWorkingExperience(yrs.)Company Type800500230260230150200180130405

26、270120180160100150120100Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME15-208-105-8MINMAXDigitalizationDirectorManagerSupervisor*Salary Definition:Annual Basic Salary(not including allowance,stock,bonus etc.)RGF 2024 SALARY WATCH DAT

27、A:SINGAPORESGD(Unit:1,000)CONSUMER GOODS08PositionWorkingExperience(yrs.)Company Type75050023026023014020017012041027012018018010014012080Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME15-208-105-8MINMAXVisual MerchandisingDirectorMa

28、nagerSupervisorPositionWorkingExperience(yrs.)Company Type75050025026023014020018012040025012018016010014012080Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME15-208-105-8MINMAXProduct/Category ManagementDirectorManagerSupervisor*Sala

29、ry Definition:Annual Basic Salary(not including allowance,stock,bonus etc.)RGF 2024 SALARY WATCH DATA:SINGAPORESGD(Unit:1,000)CONSUMER GOODSINDUSTRIALSingapores manufacturing sector constitut-ing approximately 20%of the countrys GDP has experienced a year-long contraction due to weakened global dema

30、nd1.However,there is a more optimistic outlook for 2024 as signs of recovery emerge and the con-traction slows down.Driven by Industry 4.0,the integration of industrial automation and the Internet of Things(IoT)has led to a trans-formation of the industry,enhancing opera-tional efficiency.This has i

31、n turn,led to an increase in demand for specialised skills such as data analytics,programming and automation as job roles evolve.With increased productivity,employers are inclined to offer higher salaries to attract and retain a skilled workforce.Aligned with Singapores commitment to achieving net-z

32、ero emissions by 2050,2 there is an increase in demand for skilled talent in the emerging green energy sector.Roles associated with renewable energy,engineering and project management are particularly sought after,reflecting the expan-sion in solar,hydrogen,biofuels,nuclear and geothermal power.Conc

33、urrently,com-panies are also intensifying their focus on Sustainability,Environmental,Social,and Governance(ESG),actively recruiting talent who are experienced in advancing sustain-able practices.Internal learning and devel-opment initiatives are also underway as com-panies strive to meet their Sust

34、ainability goals,prompting mid-career professionals to increasingly enroll in sustainability and ESG-focused courses.091.2.https:/ SECTORKEY SALARY FIGURESBY SECTORHOT JOBSAverage salary increase receivedby employeesAverage salary increase employersare expected to offer202220233%21%2022202312%11%Per

35、centage increase from2023 to 2024+5%Percentage increase from2023 to 2024+20%Percentage increase from2023 to 2024+4%Senior ManagementLeadership,Risk Management,Hands-on Practi-cal Skills,Strategic Thinking.Most in-demand skills:R&D DirectorData Analysis,Sustainability Awareness,Budget-ing&Resource Ma

36、nagement.Most in-demand skills:Percentage increase from2023 to 2024+5%Application Engineering DirectorStrategic Thinking,Project and Program Man-agement,Communication Skills.Most in-demand skills:R&D ManagerLeadership,Hands-on Practical Skills,Data Anal-ysis.Most in-demand skills:10BY SECTORHOT JOBS

37、11Percentage increase from2023 to 2024+1%Manufacturing,Production&OperationDirectorLean Manufacturing Principles,Environmental Sustainability,Lean Manufacturing Principles.Most in-demand skills:Percentage increase from2023 to 2024+2%Manufacturing,Production&OperationExcellence LeaderLean Manufacturi

38、ng Principles,Operational Excellence,Data Analysis.Most in-demand skills:Percentage increase from2023 to 2024+10%Quality Management DirectorContinuous Improvement,Data Analysis,Process Mapping and Optimization.Most in-demand skills:Percentage increase from2023 to 2024+7%Sales&Marketing Sales Directo

39、rStrategic Thinking,Agility,and People Management.Most in-demand skills:12INDUSTRIALPositionWorkingExperience(yrs.)Company Type800670600550390350400420330515470400400270210320260230Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME20+15

40、-2010-15MINMAXSenior ManagementVPGMCEOPresident*Salary Definition:Annual Basic Salary(not including allowance,stock,bonus etc.)PositionWorkingExperience(yrs.)Company Type320320200230200170120120100959592200200170160150150909080707068Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global

41、MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME15-2010-155-83-5MINMAXR&DManagerSupervisorEngineerDirectorPositionWorkingExperience(yrs.)Company Type34532026518017013516016013512012010590888519018515011010095888878828080656560Global MNCLarge Local/Global MNC HQSM

42、EGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME10-158-108-105-83-5MINMAXManufacturing,Production&OperationManager ExcellenceLeaderSupervisorEngineerDirectorPositionWorkingExperience(yrs.)Company

43、 Type265265235125118110757570160158120858078505045Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME10-158-103-5MINMAXApplication EngineeringDirectorManagerEngineerRGF 2024 SALARY WATCH DATA:SINGAPORESGD(Unit:1,000)13PositionWorkingExpe

44、rience(yrs.)Company Type185175155110105951059292656260959280727065787570484845Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME10-158-105-83-5MINMAXQuality ManagementDirectorManagerSupervisorEngine

45、erPositionWorkingExperience(yrs.)Company Type300300245160160152128128118117117115165165140959588808075757370Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME10-158-105-83-5MINMAXProject ManagementD

46、irectorManagerSupervisorEngineerMarketingManagerMarketingDirectorPositionWorkingExperience(yrs.)Company Type2952902651651551301701551501501501102882882601601601451801751301001008513012010010010090165165140100100100Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNC

47、Large Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME10-158-108-105-810-158-10MINMAXSales&MarketingSales DirectorSales ManagerAccountManagerrBusinessDevelopmentManager*Salary Definition:Annual Basic Salary(not i

48、ncluding allowance,stock,bonus etc.)RGF 2024 SALARY WATCH DATA:SINGAPORESGD(Unit:1,000)INDUSTRIALhttps:/content.mycareersfuture.gov.sg/singapore-health-care-sector-medical-jobs-available/https:/ serves as the healthcare and medical hub of the region thanks to the nations advanced healthcare system a

49、nd robust intellectual property(IP)regime.These factors make it attractive for compa-nies to test-bed their most advance technolo-gies and develop their latest products for Asia and beyond.1 The Singapore medical device market is expected to record a CAGR growth of 7.4%from 2022 to 2027,driven by th

50、e increasing demand for healthcare as the population ages in Singapore.2 The Min-istry of Health in Singapore projects that the Singapore National Health Expenditure could rise from$22 billion in 2018 to$59 billion in 2030.3The mention of talent as a key constraint is a common challenge faced by man

51、y countries with smaller populations.In the context of Singapore,addressing this constraint might involve initiatives to attract and retain skilled professionals in fields like R&D,SMART manufacturing,Lean Six Sigma operations.Collaboration with international talent,invest-ment in education and trai

52、ning programs,and creating a conducive environment for research and development are potential strat-egies.Setting up regional offices in Singapore by companies also indicates the countrys busi-ness-friendly environment and its appeal as a strategic location for companies looking to expand their oper

53、ations in the region.14HEALTHCARE&LIFE SCIENCES1.2.3.BY SECTORKEY SALARY FIGURESBY SECTORHOT JOBSAverage salary increase receivedby employeesAverage salary increase employersare expected to offer2022202310%17%2022202311%8%Percentage increase from2023 to 2024+14%Percentage increase from2023 to 2024+1

54、5%Percentage increase from2023 to 2024+20%Senior Management CEO/PresidentStakeholders Engagement,Financial Manage-ment,Leadership,P&L,Leadership,OperationsMost in-demand skills:R&D DirectorInnovation,Problem Solving,Effective Commu-nication.Most in-demand skills:Percentage increase from2023 to 2024+

55、13%Production&Operations DirectorInnovation,Continuous Improvement,Collab-oration.Most in-demand skills:Medical DoctorScientific Expertise,Medico Marketing,Com-munication.Most in-demand skills:15BY SECTORHOT JOBS16Percentage increase from2023 to 2024+3%Quality DirectorQMS,Auditing,CAPAMost in-demand

56、 skills:Percentage increase from2023 to 2024+1%Sales&Marketing DirectorLaunch Excellence,Team Management,Market StrategyMost in-demand skills:17HEALTHCARE&LIFE SCIENCESPositionWorkingExperience(yrs.)Company Type475375240200170160125120100300225200150120100908560Global MNCLarge Local/Global MNC HQSME

57、Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME10-155-83-5MINMAXR&DDirectorManagerResearcherPositionWorkingExperience(yrs.)Company Type360275220165160130969080240200150120110100756050Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLa

58、rge Local/Global MNC HQSME15-205-83-5MINMAXProduction&OperationsDirectorManagerNon-management*Salary Definition:Annual Basic Salary(not including allowance,stock,bonus etc.)PositionWorkingExperience(yrs.)Company Type800500280500380280450380350950750550350325300600450200400280220320280220650450360260

59、250220Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME20+15-2015-2020+10-15MINMAXSenior Management/General ManagementGM VPCXOBU HeadCEOPresidentPositionWorkin

60、gExperience(yrs.)Company Type320230180280275230180150100120969625017512024022018015011075907060Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME15-2010-155-83-5MINMAXMedicalDoctorDirectorManagerRes

61、earcherRGF 2024 SALARY WATCH DATA:SINGAPORESGD(Unit:1,000)18PositionWorkingExperience(yrs.)Company Type420380200290180150968572320220175150140100726055Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME15-208-103-5MINMAXQualityDirectorMa

62、nagerSupervisorPositionWorkingExperience(yrs.)Company Type4253752702201901821751151003202502001901601451159672Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME15-205-85-8MINMAXSales&MarketingDirectorManagerNon-managementPositionWorking

63、Experience(yrs.)Company Type28027020019017817516015011822020018017015611012510896Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME20+10-155-8MINMAXHealthcare Service&ManagementDirectorManagerNon-managementPositionWorkingExperience(yrs.

64、)Company Type500400190220195140118102953202201701801551101088565Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME15-208-103-5MINMAXRegulatory AffairsDirectorManagerNon-management*Salary Definition:Annual Basic Salary(not including allo

65、wance,stock,bonus etc.)RGF 2024 SALARY WATCH DATA:SINGAPORESGD(Unit:1,000)HEALTHCARE&LIFE SCIENCES19PositionWorkingExperience(yrs.)Company Type3002301952401881451651541452291961701851561321259486Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global

66、MNC HQSME20+15-208-10MINMAXHospital ManagementHospital DeanDirectorManagerPositionWorkingExperience(yrs.)Company Type29629022022520019012210896220196155160145135867862Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME15-2010-155-8MINMAX

67、ITDirectorManagerNon-management*Salary Definition:Annual Basic Salary(not including allowance,stock,bonus etc.)RGF 2024 SALARY WATCH DATA:SINGAPORESGD(Unit:1,000)HEALTHCARE&LIFE SCIENCESFINANCIALSERVICESIn 2024,the Financial Services industry anticipates a year of recovery,in stark con-trast to the

68、challenges posed by rising inter-est rates and economic headwinds in 2023.Some noteworthy trends within the industry include the digitialisation of the Financial infrastructure,aligned with the Financial Ser-vices Industry Transformation map(ITM)2025,as the Monetary Authority of Singa-pore(MAS)aims

69、to bolster the countrys standing as a premier international financial center in Asia.1Facilitated by a$100 million grant from the Singapore Government lasting until 2025,the transition towards a net-zero future emerges as another pivotal trend in the Financial Services industry.The sector is poised

70、for an uptick in hiring demand,par-ticularly in roles associated with capability building,green FinTech,climate risk and reinsurance,and novel financing solutions.Salaries in Risk Management roles have observed an 11%increase,attributable to the talent gap in these roles.Similarly,talent gaps are al

71、so observed in sales and statis-tics.Professionals in the Banking,Financial Ser-vices,and Insurance(BFSI)industry can anticipate opportunities for upskilling and career development.The MAS and the Insti-tute of Banking&Finance(IBF)have institut-ed various schemes to foster talent develop-ment within

72、 the Financial sector.This upskill-ing is crucial as roles that can be automated are also increasingly being made redundant,especially for admin related roles.20https:/www.mas.gov.sg/development/financial-services-in-dustry-transformation-map-20251.BY SECTORKEY SALARY FIGURESBY SECTORHOT JOBSAverage

73、 salary increase receivedby employeesAverage salary increase employersare expected to offer202220237%11%2022202314%14%Percentage increase from2023 to 2024-2%Percentage increase from2023 to 2024+11%Risk ManagementRisk Assessment,Data Analysis,Business Acumen.Most in-demand skills:Percentage increase

74、from2023 to 2024-3%Relationship Management DirectorCommunication,Customer Relationship,Account Management.Most in-demand skills:Percentage increase from2023 to 2024+10%Trade and Sales SupportData Analysis,Management,Research.Most in-demand skills:Product ManagementMarketing,Strategy and Planning,Res

75、earch.Most in-demand skills:21BY SECTORHOT JOBS22Percentage increase from2023 to 2024+2%Audit&ComplianceAttention to Details,Critical Thinking,Decision Making.Most in-demand skills:Percentage increase from2023 to 2024+42%ActuarialStatistics Skills,Client Management,Analysis.Most in-demand skills:Per

76、centage increase from2023 to 2024+57%Product DevelopmentResearch,Business Acumen,Strategy.Most in-demand skills:Percentage increase from2023 to 2024+57%UnderwritingDetail Oriented,Analysis,Business Acumen.Most in-demand skills:Percentage increase from2023 to 2024+42%DistributionCommunication,Managem

77、ent,Negotiation.Most in-demand skills:23FINANCIAL SERVICESPositionWorkingExperience(yrs.)Company Type6623972504003502802501651081201038342030020032625018016010091906262Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Lo

78、cal/Global MNC HQSME20+15-208-105-8MINMAXRelationship ManagementManagingDirectorDirectorAssociateAnalystPositionWorkingExperience(yrs.)Company Type66244032045035030022017013318018013050030120836031020015714811812012090Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal

79、 MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME20+15-208-105-8MINMAXInvestment Portfolio ManagementManagingDirectorDirectorAssociateAnalystPositionWorkingExperience(yrs.)Company Type6103602504003032502281201111709884450250182300197160160100891006058Global MNCLarge Local/Global

80、 MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME20+15-205-83-5MINMAXTransaction Banking SalesManagingDirectorDirectorAssociateAnalystPositionWorkingExperience(yrs.)Company Type684385300396360290295228180223189180438280220280

81、250220220180110180150136Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME20+15-208-105-8MINMAXFixed Income SalesManagingDirectorDirectorAssociateAnalyst*Salary Definition:Annual Basic Salary(not in

82、cluding allowance,stock,bonus etc.)RGF 2024 SALARY WATCH DATA:SINGAPORESGD(Unit:1,000)24PositionWorkingExperience(yrs.)Company Type5403262503562872002201531201201007030824520028020014415012964856842Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Glob

83、al MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME20+15-208-105-8MINMAXFixed Income TradingManagingDirectorDirectorAssociateAnalystPositionWorkingExperience(yrs.)Company Type5213502343453092002371561051251077935622018028021015813610076858050Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local

84、/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME15-2010-155-83-5MINMAXEquity SalesManagingDirectorDirectorAssociateAnalystPositionWorkingExperience(yrs.)Company Type620467280450329280234249155210200187415254211346250187189166103168180120Global MNCLarge Lo

85、cal/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME15-2010-155-83-5MINMAXInvestment BankingManagingDirectorDirectorAssociateAnalystPositionWorkingExperience(yrs.)Company Type5073903093863463002401701631561401093893202

86、35289228210183120100897676Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME15-2010-155-83-5MINMAXEquity TradingManagingDirectorDirectorAssociateAnalyst*Salary Definition:Annual Basic Salary(not inc

87、luding allowance,stock,bonus etc.)RGF 2024 SALARY WATCH DATA:SINGAPORESGD(Unit:1,000)FINANCIAL SERVICES25PositionWorkingExperience(yrs.)Company Type48037830131226420020020016017514010034530026028518015017915012011910076Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGloba

88、l MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME15-2010-158-103-5MINMAXEquity ResearchManagingDirectorDirectorAssociateAnalystPositionWorkingExperience(yrs.)Company Type50540229836932130023022012515012011540032222028026718015013810410010290Global MNCLarge Local/Global MNC HQSM

89、EGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME10-158-105-83-5MINMAXIntermediary SalesManagingDirectorDirectorAssociateAnalystPositionWorkingExperience(yrs.)Company Type600390230400300200180150101100100753802801803202211501501117882

90、7668Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME15-2010-158-103-5MINMAXPrivate EquityManagingDirectorDirectorAssociateAnalystPositionWorkingExperience(yrs.)Company Type503360321320280191220190

91、17516513210033526727826518317018017014412310176Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME15-2010-158-103-5MINMAXDerivative StructuringManagingDirectorDirectorAssociateAnalyst*Salary Definiti

92、on:Annual Basic Salary(not including allowance,stock,bonus etc.)RGF 2024 SALARY WATCH DATA:SINGAPORESGD(Unit:1,000)FINANCIAL SERVICES26PositionWorkingExperience(yrs.)Company Type5034013004203562892232001201801501014033002503762802401801269014012098Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarg

93、e Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME15-2010-158-103-5MINMAXFX/CommoditiesManagingDirectorDirectorAssociateAnalystPositionWorkingExperience(yrs.)Company Type43235029031124519822019016017813010034830022027919816020116912911011087Global MN

94、CLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME15-2010-158-103-5MINMAXFund ManagementManagingDirectorDirectorAssociateAnalystPositionWorkingExperience(yrs.)Company Type601365220395307205225180101100928740

95、224018028920615014712087927856Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME10-158-105-83-5MINMAXInstitutional SalesManagingDirectorDirectorAssociateAnalyst*Salary Definition:Annual Basic Salary

96、(not including allowance,stock,bonus etc.)RGF 2024 SALARY WATCH DATA:SINGAPORESGD(Unit:1,000)FINANCIAL SERVICES27PositionWorkingExperience(yrs.)Company Type43339335036327023824918017515012012034530025023022816018916014912010883Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQ

97、SMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME15-2010-158-103-5MINMAXRisk ManagementManagingDirectorDirectorAssociateAnalystPositionWorkingExperience(yrs.)Company Type560324221398300200246163100110988140022017528922015015010087907072Global MNCLarge Local/Global MNC H

98、QSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME10-158-105-83-5MINMAXProduct DevelopmentManagingDirectorDirectorAssociateAnalystPositionWorkingExperience(yrs.)Company Type52039022040130320024016010012010181400230180280223146156120

99、90907572Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME15-2010-155-83-5MINMAXProduct ManagementManagingDirectorDirectorAssociateAnalystPositionWorkingExperience(yrs.)Company Type39831730035624521

100、020117815016013010130126522022520018018016013012010986Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME15-2010-158-103-5MINMAXTreasuryManagingDirectorDirectorAssociateAnalyst*Salary Definition:Annu

101、al Basic Salary(not including allowance,stock,bonus etc.)RGF 2024 SALARY WATCH DATA:SINGAPORESGD(Unit:1,000)FINANCIAL SERVICES MIDDLE OFFICE28PositionWorkingExperience(yrs.)Company Type3483002383012802501801721301009890220201195250201180160150101968662Global MNCLarge Local/Global MNC HQSMEGlobal MNC

102、Large Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME15-2010-155-83-5MINMAXOperationManagingDirectorDirectorAssociateAnalystPositionWorkingExperience(yrs.)Company Type405252231280234188137100903112091882501801561048775Global MNCLarge Local/Global MN

103、C HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME10-158-105-8MINMAXAudit&ComplianceNon-managementDirectorManagerPositionWorkingExperience(yrs.)Company Type4003293023202562502321801541501301003002892102002001501601461201039096Global MNCLarge Local/Global MNC HQSMEGlo

104、bal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME10-158-105-83-5MINMAXTrade and Sales SupportManagingDirectorDirectorAssociateAnalystPositionWorkingExperience(yrs.)Company Type420262262209190188125100942601811651791601571017657Global MNCL

105、arge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME10-158-105-8MINMAXInternal ITNon-managementDirectorManager*Salary Definition:Annual Basic Salary(not including allowance,stock,bonus etc.)RGF 2024 SALARY WATCH DATA:SINGAPORESGD(Unit:1,000)FINANCIA

106、L SERVICES MIDDLE OFFICE29PositionWorkingExperience(yrs.)Company Type4152282002451801601301181042591801691801651291138677Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME10-158-105-8MINMAXIT RiskDirectorManagerNon-managementPositionWor

107、kingExperience(yrs.)Company Type3502462102282001801501429820020019019017816812011576Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME10-158-105-8MINMAXLegalDirectorManagerNon-management*Salary Definition:Annual Basic Salary(not includi

108、ng allowance,stock,bonus etc.)RGF 2024 SALARY WATCH DATA:SINGAPORESGD(Unit:1,000)FINANCIAL SERVICES MIDDLE OFFICE30PositionWorkingExperience(yrs.)Company Type420350288260180120847822018020017898744840Global MNCLarge Local/Global MNC HQGlobal MNCLarge Local/Global MNC HQGlobal MNCLarge Local/Global M

109、NC HQGlobal MNCLarge Local/Global MNC HQ10-208-105-83-5MINMAXActuarialChief ActuaryDirectorAssociateAnalystPositionWorkingExperience(yrs.)Company Type3983042542001321048776201200198120102806760Global MNCLarge Local/Global MNC HQGlobal MNCLarge Local/Global MNC HQGlobal MNCLarge Local/Global MNC HQGl

110、obal MNCLarge Local/Global MNC HQ10-158-105-83-5MINMAXProduct DevelopmentHead ofDepartmentDirectorAssociateAnalystPositionWorkingExperience(yrs.)Company Type32526423518013096696118014015012087604542Global MNCLarge Local/Global MNC HQGlobal MNCLarge Local/Global MNC HQGlobal MNCLarge Local/Global MNC

111、 HQGlobal MNCLarge Local/Global MNC HQ10-158-105-83-5MINMAXUnderwritingHead ofDepartmentDirectorAssociateAnalystPositionWorkingExperience(yrs.)Company Type420300250200120102967225020012012072724848Global MNCLarge Local/Global MNC HQGlobal MNCLarge Local/Global MNC HQGlobal MNCLarge Local/Global MNC

112、HQGlobal MNCLarge Local/Global MNC HQ10-158-105-83-5MINMAXDistributionHead ofDepartmentDirectorAssociateAnalyst*Salary Definition:Annual Basic Salary(not including allowance,stock,bonus etc.)RGF 2024 SALARY WATCH DATA:SINGAPORESGD(Unit:1,000)FINANCIAL SERVICES LIFE INSURANCECORPORATESERVICEShttps:/w

113、ww.mti.gov.sg/Newsroom/Speeches/2023/07/Speech-by-MOS-Low-Yen-Ling-at-Singapore-Leading-Supply-Chain-Management-Huband verifiable data.We can expect the demand for Finance&Accounting profes-sionals with skillsets particularly in analytics and sustainability reporting to spike.Singapore stands out as

114、 a premier logistics hub and one of the worlds most intercon-nected nations and a growing base of Supply Chain Management hubs and top-notch distribution and logistics opera-tions.With the expansion of manufacturing networks in Southeast Asia and Singapore,companies are enhancing their capabilities

115、in Supply Chain Management.1 Consequent-ly,there is a growing demand for profes-sionals in the Supply Chain roles with skills in Supply Chain Strategy and Optimisation.This demand is particularly pronounced for seasoned candidates occupying mid-man-agement positions,with approximately 8 to 13 years

116、of experience,leading to a notice-able upward trend in salary increments.Sev-eral factors contribute to this phenomenon.Firstly,unique role types has surfaced at the mid-management level,notably focusing on areas such as Supply Chain Network Optimi-zation,Integrated Business Planning,and S&OP Manage

117、ment.Moreover,the organisa-tional landscape has witnessed an expansion of supply chain teams,leading to an increase in experienced and dynamic indi-viduals to spearhead these teams.Lastly,candidates within this experience bracket,who exhibit a data-driven,analytical,and strategic orientation,are abl

118、e to command higher salary increments.Overall,the outlook for Corporate Servicesis challenging as businesses face changing workface dynamics and emerging trends such as the use of AI in the workplace.The pace of salary increase has also slowed down in 2023 as companies are conserva-tive in their bus

119、iness costs.As companies shift towards becoming skills-based organisa-tions driven by the relentless disruption in the world,there will be an increase in demand for strategic HR Business Partner professionals who are able to identify skills and talent needed to meet their organisa-tions transformati

120、onal objectives.This is especially so when then talent landscape is marked with shortages and skills gap.Com-panies are looking for very specific relevant skills and experience in candidates who can plug and play and value-add to the organiza-tion.These experiences may be in the indus-try,country or

121、 prior project experience.For instance,experienced and industry special-ised Legal Counsels are in high demand and experience significant salary increments in 2023.Similarly,the Accounting and Finance func-tion has been going through business trans-formation and shifting away from non-value added wo

122、rk for several years now,it is more prominent than ever for finance specialists to possess strong business partnering capabili-ties,as well as the ability to improve pro-cesses and adapt to wider portfolios as a result of restructuring.In recent years,there has also been a growing prominence of ESG

123、trends and the Finance and Accounting sector holds a pivotal role in ensuring that sustainability reporting is rooted in reliable 311.BY SECTORKEY SALARY FIGURESBY SECTORHOT JOBSAverage salary increase receivedby employeesAverage salary increase employersare expected to offer2022202317%18-20%2022202

124、317%7%Percentage increase from2023 to 2024+12%Percentage increase from2023 to 2024+8%Percentage increase from2023 to 2024+10-15%Percentage increase from2023 to 2024+9%Human Resources DirectorMost in-demand skills:Culture&Organisation Development,HRIS&Digitalisation,Analytical and Critical Thinking.H

125、uman Resources ManagerMost in-demand skills:Talent Development,Interpersonal Relations,Stakeholder Management.Human ResourcesNon-managementMost in-demand skills:Effective Time Management,Employee engage-ment,Interpersonal Relations.Finance&Accounting ManagerMost in-demand skills:Business Partnering,

126、Controlling,Treasury&Corporate Finance.32BY SECTORHOT JOBS33Percentage increase from2023 to 2024+7%Finance&Accounting SupervisorAR/AP/GL,Costing.Most in-demand skills:Percentage increase from2023 to 2024+21%Non-managementFP&A,Internal Audit,Consolidation.Most in-demand skills:Percentage increase fro

127、m2023 to 2024+20%Legal&Compliance General CounselCommercial Awareness,Compliance&Governance,Time management.Most in-demand skills:Percentage increase from2023 to 2024+20%Legal&Compliance DirectorCommercial Awareness,Compliance&Governance.Most in-demand skills:Percentage increase from2023 to 2024-4%T

128、alent Acquisition DirectorTeam Management,Talent Growth Strategic Plan,Leadership.Most in-demand skills:BY SECTORHOT JOBS34Percentage increase from2023 to 2024+12-15%Talent Acquisition ManagerEmployer Branding,Talent Pipeline,Analytical&Critical Thinking.Most in-demand skills:Percentage increase fro

129、m2023 to 2024+15-18%Talent Acquisition Executive/SpecialistNegotiation,Talent Pipeline,Analytical&Critical Thinking.Most in-demand skills:Percentage increase from2023 to 2024+19%Compensation&Benefits ManagerAnalytical&Critical Thinking,Data analysis,Business Acumen.Most in-demand skills:Percentage i

130、ncrease from2023 to 2024+21%Compensation&Benefits Executive/SpecialistAdvanced Excel,Critical Thinking,Data Analysis.Most in-demand skills:BY SECTORHOT JOBS35Percentage increase from2023 to 2024+15%Sales&Operations Planning,Integrated Business Planning,Network OptimisationDirectorStrategic Planning

131、and Decision-Making,Cross-Functional Collaboration and Communication,Change Management and Continuous Improvement.Most in-demand skills:Percentage increase from2023 to 2024+11%Sales&Operations Planning,Integrated Business Planning,Network OptimisationManagerSupply Chain Strategy and Network Optimiza

132、tion.Demand and Supply Forecasting,Data Ana-lytics.Most in-demand skills:Percentage increase from2023 to 2024+7%Sales&Operations Planning,Integrated Business Planning,Network OptimisationExecutive/SpecialistAdaptability and Learning Agility,Cross-Functional Understanding,Time Management and Prioriti

133、zation.Most in-demand skills:36CORPORATE SERVICESPositionWorkingExperience(yrs.)Company Type17017012010010090908070130130100808060707050Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME20+8-105-8MINMAXGeneral Affairs,Admin&SecretaryDir

134、ectorManagerSupervisorPositionWorkingExperience(yrs.)Company Type23015012015014010095908012012010012010090808055Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME20+8-105-8MINMAXTalent AcquisitionDirectorManagerExecutive/Specialist*Sala

135、ry Definition:Annual Basic Salary(not including allowance,stock,bonus etc.)PositionWorkingExperience(yrs.)Company Type5004003002502501701501501001201009070505028026020020020015012012080807070604540Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Globa

136、l MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME15-2010-158-103-53-5MINMAXHuman ResourcesDirector ManagerSupervisorNon-managementCHROPositionWorkingExperience(yrs.)Company Type455340282415312160155108901059675785442255192135215170110967866856960544230Global MNC

137、Large Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME20+15-208-105-83-5MINMAXFinance&AccountingDirector ManagerSupervisorNon-managementCFORGF 2024 SALARY WATCH DATA:SINGAPOR

138、ESGD(Unit:1,000)37PositionWorkingExperience(yrs.)Company Type2202201601401301008580751601501301009590656060Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME20+8-105-8MINMAXCompensation&BenefitsDirectorManagerExecutive/Specialist*Salary

139、 Definition:Annual Basic Salary(not including allowance,stock,bonus etc.)PositionWorkingExperience(yrs.)Company Type42042035030030025022022014016016014013012011026025022022018016015015012012012010010010090Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Loc

140、al/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME20+15-2010-158-105-8MINMAXLegal&ComplianceDirectorManagerSupervisorNon-managementGeneralCounselPositionWorkingExperience(yrs.)Company Type9006003803802802202702101702101501209580706003802802802201802201701

141、1016012090757055Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME20+15-2010-158-105-8MINMAXSupply ChainDirectorSenior Manager/Associate DirectorManagerCSCO/VPE

142、xecutive/SpecialistRGF 2024 SALARY WATCH DATA:SINGAPORESGD(Unit:1,000)CORPORATE SERVICESPositionWorkingExperience(yrs.)Company Type4002801802001701301058570280180140170130110856555Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME20+8-1

143、05-8MINMAXSales&Operations Planning,Integrated Business Planning,Network OptimisationDirectorManagerExecutive/Specialist38*Salary Definition:Annual Basic Salary(not including allowance,stock,bonus etc.)PositionWorkingExperience(yrs.)Company Type9006003803802802202702101702101501209580706003802802802

144、2018022017011016012090757055Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME20+15-2010-158-105-8MINMAXProcurementDirectorSenior Manager/Associate DirectorLead

145、er/ManagerExecutive/SpecialistCPO/VPRGF 2024 SALARY WATCH DATA:SINGAPORESGD(Unit:1,000)CORPORATE SERVICESDespite the layoffs that hit the global tech industry since 2022,Singapore continues to invest heavily in the Technology sector.1 In 2023,the country implemented a$4 billion top-up to the Nationa

146、l Productivity Fund and introduced tax deductions for businesses engaged in R&D through the new Enterprise Innovation Scheme.The aim is to encourage businesses to participate in research and development,innovation,and capability development activities.2 Generally,salaries in Singapore are modestly i

147、ncreasing.Infla-tion plays a crucial role and the market demand for specialised skills remains high,with changes in employment regulations also playing a part.The rise of AI technology,exemplified by the chatbot,ChatGPT,3 has also led to an increased demand for AI skills and AI pro-fessionals.Cybers

148、ecurity budgets are antici-pated to rise in 2024 reflecting the growing number of global businesses experiencing data breaches.There is also a rising con-cern over the rise of Generative AI on cybersecurity.Consequently,businesses are prioritising investments to prevent cyberse-curity attacks,4 lead

149、ing to an increased demand for talent in the cybersecurity func-tion.39https:/ SECTORKEY SALARY FIGURESBY SECTORHOT JOBSAverage salary increase receivedby employeesAverage salary increase employersare expected to offer202220239%13%2022202313%20%Percentage increase from2023 to 2024+10%Percentage incr

150、ease from2023 to 2024+2%Cyber SecurityNetwork Security,Operating System Security,Application security.Most in-demand skills:Percentage increase from2023 to 2024+2%AI and Data ScienceProgramming and Data Manipulation,Statistical and Mathematical Knowledge,Domain Expertise and Problem Solving.Most in-

151、demand skills:40Programming and Software Development,Robotics Frameworks and Libraries,Mathe-matics and AlgorithmsMost in-demand skills:Software&Hardware Development41TECHNOLOGYPositionWorkingExperience(yrs.)Company Type660588564552504456456432420360300288264240228204204180Global MNCLarge Local/Glob

152、al MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME20+15-2015-20MINMAXSenior ManagementCEOPresidentGMVPPositionWorkingExperience(yrs.)Company Type3002161681681449612096841801441201208472847260Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC

153、HQSMEGlobal MNCLarge Local/Global MNC HQSME10-158-103-5MINMAXTechnical DevelopmentR&DDirectorManagerArchitectEngineerPositionWorkingExperience(yrs.)Company Type45636030030025218016814412630028816818015013211410284Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCL

154、arge Local/Global MNC HQSME10-158-103-5MINMAXTechnical DevelopmentAI and Data ScienceDirectorManagerArchitectEngineerPositionWorkingExperience(yrs.)Company Type3002161681681449612096841801441201208472847260Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Lo

155、cal/Global MNC HQSME10-158-103-5MINMAXTechnical DevelopmentMobile DevelopmentDirectorManagerArchitectEngineer*Salary Definition:Annual Basic Salary(not including allowance,stock,bonus etc.)RGF 2024 SALARY WATCH DATA:SINGAPORESGD(Unit:1,000)42PositionWorkingExperience(yrs.)Company Type456360300300252

156、18016814412630028816818015013211410284Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME15-208-153-5MINMAXTechnical DevelopmentCyber SecurityDirectorManagerArchitectEngineerPositionWorkingExperience(yrs.)Company Type26422820422820418015

157、01321141681441201149084907260Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME10-158-103-5MINMAXTechnical DevelopmentSoftware&Hardware Development DirectorManagerArchitectEngineerPositionWorkingExperience(yrs.)Company Type4563603003002

158、5218016814412630028816818015013211410284Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME15-205-103-5MINMAXTechnical DevelopmentBig Data&Business IntelligenceDirectorManagerAssociatePositionWorkingExperience(yrs.)Company Type3002401922

159、402161801501301101921681681109013211410284Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME15-208-153-5MINMAXTechnical DevelopmentFront End&Back End EngineeringDirectorManagerArchitectEngineer*Salary Definition:Annual Basic Salary(not

160、including allowance,stock,bonus etc.)RGF 2024 SALARY WATCH DATA:SINGAPORESGD(Unit:1,000)TECHNOLOGY43PositionWorkingExperience(yrs.)Company Type2642161681681681209684721921441201209672726054Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQ

161、SME10-158-103-5MINMAXDigitalizationApplication ManagementDirectorManagerAssociatePositionWorkingExperience(yrs.)Company Type3002642642642641681501209618014414416812096847260Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME15-208-103-5M

162、INMAXDigitalizationConsulting implementation&ManagementDirectorManagerAssociatePositionWorkingExperience(yrs.)Company Type26424021619216814496847218016812014412096726054Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME15-208-103-5MINMA

163、XDigitalizationCorporate IT ServicesDirectorManagerAssociatePositionWorkingExperience(yrs.)Company Type3002642642642641681501209612012011018014414416812096847260606050Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Loc

164、al/Global MNC HQSME10-158-1010-158-10MINMAXDigitalizationDigitalization TransformationDirectorManagerAssociateEngineer*Salary Definition:Annual Basic Salary(not including allowance,stock,bonus etc.)RGF 2024 SALARY WATCH DATA:SINGAPORESGD(Unit:1,000)TECHNOLOGY44PositionWorkingExperience(yrs.)Company

165、Type3002642041801441021201087815015012012010272847854Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME10-158-105-8MINMAXOperation&ProjectProject ManagementDirectorManagerExpertAssociatePositionWorkingExperience(yrs.)Company Type2642161

166、80240222162180150126180150200150150102606060Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME10-158-103-5MINMAXMarketing&E-commerceDigital MarketingDirectorManagerExpertAssociatePositionWorkingExperience(yrs.)Company Type26421618024022

167、2162848472180150120150150102606060Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME10-158-103-5MINMAXMarketing&E-commerceDomestic&Cross-border E-commerce ManagementDirectorManagerExpertAssociatePositionWorkingExperience(yrs.)Company Ty

168、pe3002642041681441021201087818018014412010272847854Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME15-208-103-5MINMAXOperation&ProjectProduct&Operation ManagementDirectorManagerExpertAssociate*Salary Definition:Annual Basic Salary(not

169、 including allowance,stock,bonus etc.)RGF 2024 SALARY WATCH DATA:SINGAPORESGD(Unit:1,000)TECHNOLOGYPositionWorkingExperience(yrs.)Company Type360300288180150150847872168144120847872606060Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSM

170、E15-2010-155-8MINMAXSales&CommercializationSalesDirectorManagerExpertAssociatePositionWorkingExperience(yrs.)Company Type372330280300266252847872240204204240180168606060Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME15-2010-155-8MINM

171、AXSales&CommercializationPre-salesDirectorManagerExpertAssociatePositionWorkingExperience(yrs.)Company Type4203603302401951808478722522041801208484606060Global MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSMEGlobal MNCLarge Local/Global MNC HQSME15-2010-155-8MINMAXSales&Commerci

172、alizationAccount Management&Customer SuccessDirectorManagerExpertAssociate*Salary Definition:Annual Basic Salary(not including allowance,stock,bonus etc.)45RGF 2024 SALARY WATCH DATA:SINGAPORESGD(Unit:1,000)TECHNOLOGYAbout RGF3 Service Brands Under RGF International RecruitmentAs the global brand of

173、 the Recruit Group,Recruit Global Family(RGF)is committed to delivering total human resource solutions of superior quality so individuals and companies of all sizes realise their full potential.We provide a one-stop solution for every talent need,from C-suite and senior business leaders to staff-lev

174、el roles.With three service brands,RGF International Recruitment is the leading recruit-ment service provider in Asia and provides a wide range of recruitment solutions across 17 cities.We deliver strong cross-border recruitment solutions at all levels and across all industries and functions.Years o

175、f History25+Placements per Year10K+Offices across Asia17Focuses on senior executives to middle management search in order to fulfil organisational goals,strategic planning development,and overall decision-mak-ing that affects the entire business organisation.RGFExecutive SearchHires of managerial an

176、d specialist positions who are essential to the real work of the busi-ness dealing with the people,customers,and teams driving the business cross-functional-ly.They can also be considered developmen-tal candidates for executive senior leadership positions.RGFProfessional RecruitmentFills a range of managerial,specialist,and staff positions at Japanese compa-nies that require Japanese language skills.Draws on a deep understanding of Japanese companies with a vast data-base of Japanese-speaking personnel to find the best candidates.RGFHR Agent46