Top 10 Best Paying Jobs
Singapore, 21 November 2013 - Every candidate or employee needs to know what they are worth in the job market. To help candidates gauge whether thesalariesdrawn are marketcompetitive, Jobstreet.com has published a list ofTop 10 Highest Paying Jobs in Singapore.
The list ofjobs with the best salarieshas been determined throughtheaverage salaryof all specializations per position level, based on salaries posted by employers onJobstreet.comfrom January 1 - September 31, 2013
Fresh Graduates
Based on the average salary of all specializations posted by employers on Jobstreet.com from January 1 - September 31, fresh graduates can expect to earn $2,300 per month. For those aspiring towards a career in medicine, doctors can fetch a high average starting salary of $3,095. Research scientists (biotechnology) earn nearly the same with an average starting salary of of $3,082. Take note that these are just basic salaries posted, and do not include any forms of compensation such as leave credits, medical benefits, insurance and incentives
Junior Executives (1-4years of experience)
For candidates and employees with 1-4 years of experience and a love for numbers, making the appropriate career choice can compensate you well monetarily. Most specializations in the list ofTop 10 Highest Paying Jobsfor employees with 1-4 years of experience are in the finance fields. This includes Actuarial Science, Corporate Finance, Audit and Banking Services.
Theaverage salaries of employeeswith 1-4 years of experience range from $2,329 (Personal Care Services) to $3,722 (Doctor), with the overall median being $2800.
Senior Executive (five years and above of experience)
Generally, the finance sector pays well for candidates or employees who have more than 5 years of relevant experience. Candidates or employees specializing in banking services get paid up to $10,000. Those in the field of Actuarial Science get paid up to $9,500 while those in Corporate Finance get paid up to $9,200.
Candidates or employees in the Banking and Finance, Actuarial Science, Audit and Legal Services with 5 years of experience or more can expect to receive an average monthly wage of above $4,500 per month.
Managers
Managers in the Science and Technical sector lead in drawing the highest pay with Chemists earning the highest average salary of $9,096 per month. Laboratory Scientists, Software Engineers, Electrical Engineers and Chemical Engineers are all compensated very well, with an average salary of more than $6,000 per month.Managers specializing in engineering are paid up to $21,000 per month.
Senior Managers
Senior Managers have a lot of responsibility, but are compensated accordingly. The average monthly wage of a Senior Manager is $8,650 a month.
Senior Managers in Legal Services and Top Management, however, are paid well above average, drawing a monthly pay of $14,466 and $11,887 respectively.At his prime, a senior lawyer can earn up to $55,000 a month.
Salary Trend for 2013
Most jobs that made it to the list lean towards the science, finance and engineering sectors. Candidates in the field of Banking and Finance, Audit, Actuarial Science, Financial Sales Services, Biotechnology and Laboratory are generally compensated well. Similarly, engineers who are specialized in the fields of Electrical, Software, Chemical and Environment are also compensated well.
Based on the average salary of all specializations posted by employers on Jobstreet.com from January 1 - September 31, the majority of Junior Executive jobs give an average monthly salary of $2,001 to $3,000. Majority of Senior Executive jobs give an average monthly salary of $3,001 to $4,000 and this jumps to $5,001 - $7,500 for Manager and Senior Manager jobs.
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About Jobstreet.com
Jobstreet.com (www.jobstreet.com) is a leading online recruitment company presently covering the employment markets in Singapore, Malaysia, Philippines, Indonesia, India, Vietnam, Japan and Thailand. The Group currently services over 80,000 corporate customers and over 11 million jobseekers in its database.
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Frieda Chan
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