Money isn’t everything regarding a good career, but having a high-paying job certainly doesn’t hurt. In the world’s most expensive city, a fat paycheque can give you the financial stability to pursue your passions, support your family, and build the lifestyle you want.
If you’re considering a lucrative career path or thinking about a career switch, it’s worth exploring where the biggest opportunities lie. In this article, we’ll delve into the top 10 highest paying jobs in Singapore today, based on the latest salary data from Jobstreet Singapore.
Singapore companies are doing more to retain top talent. According to Jobstreet’s Hiring, Compensation & Benefits Report 2024, 52% of companies in Singapore have performed salary benchmarking exercises to keep their wages competitive.
What’s more, 84% of employers reported awarding salary increases to retain their workforce. The average salary increment offered was 5.8%.
That said, not all industries are created equal. Some sectors consistently command higher salaries than others. If you're aiming to maximise your earnings per working hour, it pays – literally – to know which careers offer the best financial rewards.
Understanding key trends for salaries in different industries can also help you negotiate better when you’re presented with a job offer. Let’s take a closer look at where the top-paying opportunities are right now.
Many high-paying jobs in Singapore are in management, especially roles like C-suite executives. However, technical experts and specialists can also command competitive salaries.
Here’s a breakdown of the top 10 highest paying jobs in Singapore, and what each role involves:
Aesthetic doctors specialise in non-surgical cosmetic procedures that enhance a person’s physical appearance. They perform treatments such as Botox injections, dermal fillers, laser skin therapy, chemical peels, and body contouring. Some might offer hair restoration and anti-ageing treatments.
Beyond the treatments, aesthetic doctors also provide personalised consultations, assess clients’ needs, recommend tailored treatment plans, and provide follow-up care for the best results.
Aesthetic doctors typically work in private aesthetic clinics, dermatology centres, and high-end wellness spas. Many eventually open their own clinics after gaining years of experience.
Average monthly salary: $21,000
View Aesthetic Doctor jobs here.
Pathologists are medical specialists who diagnose diseases. Put simply, they examine body fluids, tissues, and organs under a microscope to determine the presence of disease.
They work closely with oncologists, surgeons, and general physicians to confirm illnesses like cancer, infections, and genetic disorders. Some pathologists specialise further, such as forensic pathologists (who work in criminal investigations) or clinical pathologists (who focus on lab tests like blood analysis).
Pathologists work primarily in hospital laboratories, diagnostic labs, and research institutions. They can also venture into academic settings, where they perform research and contribute to medical education.
Average monthly salary: $20,000
View Pathologist jobs here.
Despite the name, this role has nothing to do with the architecture industry. An enterprise architect develops the overall IT framework that supports a company’s operations and strategic goals. They plan how different technologies – like cloud computing, cybersecurity systems, databases, and applications – work together efficiently.
This role requires them to assess business needs, design solutions, and ensure that the IT infrastructure can scale as the company grows. They often lead IT transformation initiatives and are key advisors in digitalisation projects.
Large organisations in the technology sector, finance, government, and healthcare typically employ enterprise architects to streamline operations and drive digital transformation.
Average monthly salary: $15,000
View Enterprise Architect jobs here.
Who knew that your friendly family doctor might be taking home one of Singapore’s highest salaries? GP’s provide primary healthcare services, diagnosing and treating a broad range of common medical conditions. Think about your common cough, flu, fever, and much more.
Depending on their expertise, GP’s can also offer preventive care such as vaccinations, perform minor procedures like stitching wounds, and manage chronic diseases like diabetes and hypertension. They’re also a gateway to the broader healthcare system, referring patients to specialists when necessary.
In Singapore, GP’s often work in public polyclinics or private medical clinics. They may also work for corporate health service providers or deliver telehealth services.
Average monthly salary: $14,000
View General Practitioner jobs here.
Finance directors oversee the financial operations of an organisation. They’re in charge of everything from budgeting to financial planning, audits, risk management, and compliance with financial regulations.
As a finance director, you’ll need to work closely with senior leaders like the Chief Financial Officer (CFO) to shape business strategies. The management team will turn to you for insights into profitability, cost management, and investment opportunities. This role is also crucial in mergers, acquisitions, and fundraising activities.
Almost every medium and large organisation requires a finance director. You’ll find them working across a wide range of industries: banks, investment firms, multinational corporations, healthcare providers, and tech companies.
Average monthly salary: $14,000
View Finance Director jobs here.
Every business must meet industry regulations and rules to reduce risk and safeguard security. The Head of Compliance ensures that the company’s policies and practices align with the relevant laws, quality standards, and ethical expectations.
Their duties include conducting internal audits, developing compliance training programmes, investigating any breaches, overseeing legal matters, and liaising with regulatory bodies to adhere to compliance rules. In heavily regulated industries like finance and healthcare, their expertise is vital to avoid hefty penalties.
A Head of Compliance is necessary in banks, insurance companies, multinational corporations, and any company dealing with complex regulatory environments. This includes pharmaceuticals and technology.
Average monthly salary: $13,000
View Head of Compliance jobs here.
Portfolio managers are finance professionals who make investment decisions to grow a client’s or company’s assets. They stay on top of market trends, analyse financial data, and select stocks, bonds, or alternative investments.
They’re responsible for enhancing the value of the assets they manage, continuously monitoring the portfolio’s performance against benchmarks. They must balance risk and reward, adjusting strategies as market conditions evolve.
Portfolio managers typically work in financial institutions. Think banks, private equity firms, asset management companies, hedge funds, and investment advisory firms.
Average monthly salary: $13,000
View Portfolio Manager jobs here.
As IT professionals in the tech industry, systems developers design, build, and maintain software systems that meet specific business needs. They code new programmes, debug and improve existing software, and keep systems secure, scalable, and efficient.
This role can also be collaborative: you may need to work with business analysts to gather requirements and update software in response to feedback.
Skilled systems developers are in demand across a range of organisations, such as tech companies, banks, logistics providers, healthcare organisations, and public sector agencies.
Average monthly salary: $13,000
View Systems Developer jobs here.
Commercial directors oversee an organisation’s revenue-generating or ‘commercial’ activities. They’re the people in charge of developing pricing and marketing strategies, managing revenue growth, and forming major commercial partnerships.
They typically lead sales or business development teams to hit financial targets. They also work closely with Chief Executive Officers (CEOs) to set strategic goals.
Commercial directors are in high demand in any industry where commercial strategy is key to success. You’ll find them in sectors like technology, FMCG (fast-moving consumer goods), construction, real estate, and manufacturing.
Average monthly salary: $12,000
View Commercial Director jobs here.
A head of sales helms the sales department and sets the vision for a company’s sales efforts. They recruit and train sales people, define sales goals, develop customer acquisition strategies, and analyse performance metrics to refine approaches.
Needless to say, strong leadership and customer relationship-building skills are crucial for this role. Sales leaders need communication skills to build trust quickly with clients and drive employee engagement.
Since generating revenue is essential for business, almost any industry requires a head of sales. This includes software, banking, real estate, pharmaceuticals, and consumer goods.
Average monthly salary: $12,000
View Head of Sales jobs here.
While passion and job satisfaction are key elements of a fulfilling career, salary remains a game-changer for many of us. Understanding where the highest-paying jobs in Singapore lie can help you make informed decisions about your career path.
Whether you're a fresh graduate planning your job search or an experienced professional considering how to make a career change, these roles demonstrate that with specialised skills, education, and experience, impressive earning potential is within reach.