1、www.rgf-Salary Watch 2022:SingaporeAbout this 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 20,000 candidates,with data collection conducted from
2、April 2021 to April 2022.The definition of annual basic salary used throughout this report does not include allowances,stocks,bonuses,or any other additional benefits.The salary exchange rate used is 1 USD=1.36 SGD.Due to the real-time nature of some of this data,RGF encourages readers to use these
3、insights at their discretion.Table of ContentsAbout this Report2Managing Directors Message4Market Overview of Singapore6Job Market Trends and Salary DataHealthcare&Life Sciences8Industrial14Banking,Financial Services,&Insurance(BFSI)20Consumer32Corporate Services38Technology44About RGF52Although the
4、 pandemic had an uneven effect on the job market,candidates in most key sectors have the upper hand because of a talent shortage,high demand for specialised skills,and the emergence of new roles and functions.Companies,particularly those in Technology,High-Tech Manufacturing,and Healthcare and Life
5、Sciences,have had to compete for talent from a limited pool,raising salaries and improving benefits packages to attract and retain the best people.As the talent shortage continues,employers will need to do more to remain competitive in todays job market.Manufacturing is still a pillar of growth and
6、we expect it will continue to provide jobs with good compensation.Banking,Financial Services,and Insurance are seeing a rise in demand for Front-Office roles as banks increasingly seek to serve high net-worth individuals and institutional clients.The growth of digital consumption is ramping up the c