Minimum salary in singapore per month. Nov 20, 2024 · Singapore Minimum Salary.

Minimum salary in singapore per month But by acquiring new skills through training, they could advance to supervisory Nov 20, 2024 · Singapore Minimum Salary. Your gross annual salary of ; SGD 0 is subject to 2 main deductions in Singapore. SINGAPORE: About 159,000 lower-wage workers will earn at least S$1,400 under a new local qualifying salary (LQS) requirement that kicks in on Thursday (Sep 1). In general, many employers apply for this pass when hiring technical staff. Jul 21, 2024 · The Minimum Income Standard estimates that the average living wage in Singapore, between different household types and age groups, is approximately S$2,990 per month. . Jan 15, 2024 · Many work passes require applicants to be paid a higher minimum wage in Singapore to encourage companies to hire locally. 00 ($12. Apr 13, 2025 · The average salary for a warehouse worker is $2,180 per month in Singapore. 99) According to Payscale research: “The average salary in Singapore is S$58,554. or willing to let go 60% of salary to only in rental. Under existing regulations, HSWs are entitled to US$ 400. To clarify, the number presented is not the legally mandated minimum wage. gov. However, rarely do we think of this as our salary. Oct 2, 2024 · 1 local worker if they earn the LQS of at least $1,600 per month. Employers are required to pay their Singaporean and Permanent Resident employees the LQS, which is not a minimum wage but a wage floor. Jan 22, 2016 · The Philippine Overseas Labor Office – Singapore (POLO-SG) has continued to implement the various provisions of the Philippine government with respect to the protection of our Household Service Workers (HSW). The estimated additional pay is $592 per month. ). The estimated total pay for a Sales Executive is $3,592 per month, with an average salary of $3,000 per month. However, your take-home salary will be $3,200, after accounting for your 20% employee’s CPF contribution. It draws on research done in Singapore using the Minimum Income Standard focus group methodology, defining a basic standard of living in… Dec 24, 2024 · In 2024, the average salary in Singapore for full-time workers is SGD 3000 to 5000 per month and SGD 60,000 to 70,000 per year. 78). The minimum pay rate per hour for people working in Food / Hospitality / Tourism / Catering in Singapore is 12 SGD. 2. Salaries for the position Quantity Surveyor in Singapore range from 2,370 SGD (starting salary) to 7,350 SGD (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of Mar 4, 2024 · SINGAPORE: The minimum monthly qualifying salary for new Employment Pass (EP) applicants will increase to S$5,600 (US$4,200) from next year, up from S$5,000 currently. Dec 9, 2024 · 18-20 years of age: £10. 3 bedroom HDB flat (near city centre) S$4,300 per month. Salaries for the position Lawyer in Singapore range from 7,510 SGD (starting salary) to 25,200 SGD (maximum salary). 50. Oct 18, 2021 · The researchers suggest that a reasonable living wage in Singapore to attain a basic standard of living is $2,906 per month (inclusive of Central Provident Fund (CPF) contributions). Up to 2 children, between 0 to 12+ years old. 15 USD) and the annual maximum salary is 453,200 SGD (3337. Exceptions: Foreign Domestic Workers. For example, if your gross salary is $4,000, your total salary (inclusive of 17% employer CPF contribution) will be $4,680, or slightly above the median salary level in Singapore. Now, let’s explore the question of what is considered a good salary to live comfortably in Singapore. These figures represent the highest potential earnings across various industries and job roles in Singapore. In 2022, the actual median work income among all full-time workers was already $5,070 (including employer CPF), or 1. 4 days ago · The government regularly conducts research into fair wages. Public transport $5 a day x30 gives you $150. If you’re considering working in Singapore, this guide will help you understand how much you can earn and what to expect. 50 an hour for part-timers. This maintains a level playing field for locals across all age groups. 85 USD) according to the World Salaries. Jun 23, 2024 · These figures give us a general idea of the minimum amount of money required to cover basic living expenses in Singapore. Plus pay a lump sum allowance of S$360 ($265). MOM will be increasing the EP minimum qualifying salary from S$5,000 to S$5,600 per month. 3 SGD or 344,333. 36) per month. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law. The average salary in Singapore in 2023 was S$ 6,555 (USD 4,896. Here is a breakdown of estimated minimum monthly salaries as per the maids’ nationalities: Myanmar: S$450 Jan 2, 2025 · Singapore has proposed a salary threshold to be at least $3,800 (to be finalized) from 1 Sep 2025 for new applications and from 1 Sep 2026 for renewals. S Pass: For mid-level jobs with a minimum salary of SGD 3,150 (₹1. Utilities for one person maybe $50-100 a month. 00 or its equivalent in the local foreign currency of the destination country. Aug 30, 2021 · SINGAPORE, Aug 30 — From March 2023, administrators in all companies across Singapore should be paid at least S$1,500 (RM4,634) a month, while drivers should receive a minimum The cost of living in Singapore amounts to 1,483. 53 (£7. The salary of a domestic helper in Singapore ranges from about S$400 to S$650 per month. To calculate your overtime pay, please refer to the MOM website: www. 6), is used to set employee compensation in state-owned businesses and institutions. The largest deduction is ; CPF Contribution, at SGD 0 per year. Other gym memberships and classes will cost on average S$90 to S$120 per month. Salaries for the position Teacher in Singapore range from 3,110 SGD (starting salary) to 8,690 SGD (maximum salary). Salaries for the position Civil Engineer in Singapore range from 4,060 SGD (starting salary) to 11,400 SGD (maximum salary). Your total overtime must not exceed 72 hours in a month. 3 bedroom Condominium (outside city centre) S$3,500 per month. However, the average wage fluctuates based on several factors, and this article tackles multiple factors so you can get a realistic picture of the average salary in Singapore. 5 days ago · The average salary in Singapore for Indian professionals is around S$8,450 per month or roughly ₹ 4,73,200. You also must be at least 35 years old and have a gross monthly income that's less than $2,300. The minimum salary requirement is $3,000 per month, although this amount progressively increases based on the candidate's age. Jan 1, 2024 · Singapore intends to increase the salary monthly threshold for foreign workers to qualify for an employment pass from S$5,000 (US$3,700) to S$5,600 (US$4,170), effective January 1, 2025, in an effort to enhance job opportunities for locals, according to Manpower Minister Tan See Leng as reported by the Straits Times on March 4, 2024. For full-time employed Singapore residents, the Median Gross Monthly Income from work, including employer CPF contributions, is S$4,563. 5 local worker if they earn half the LQS of at least $800 to below $1,600 per month. 3k salaries reported, updated at 13 April 2025 Customer Service Representative job openings in Singapore Salary Range, Minimum Wage, and Starting Salary. Belgium’s monthly minimum wage is US$2,181 (€2,070). Singapore does not have a legislated minimum wage for most industries. Currently, the minimum wage in Singapore for work pass types includes: – The Employment Pass (EP) – Used for high-level skilled employees – SGD 5000 per month minimum Jul 22, 2024 · If you add up the monthly recurring cost ($906 per month) to the one-off lump sum cost (about $3,000), you should expect to spend at least $24,000 over a period of 2 years, or about $1,000 per month. interns in Singapore. 7k salaries reported, updated at 13 April 2025 Mar 17, 2025 · If we exclude employer CPF contributions, the average median income in 2024 was $4,860 per month (or $58,320 per year). Your business can easily hire employees in Singapore without opening a local entity. 0. Based on the reports for 2022, an average salary in Singapore is around S$5,783 per month or ₹3. Mar 19, 2025 · Employment Pass (EP): For skilled professionals earning at least SGD 5,000 (₹3. 0lakhs per year. General Worker job openings in Singapore. 800,000 (about US$76. Those working in the The average nanny salary in Singapore is S$42,000 per 1 month to 6 months. 8 INR per month for a single person and 5,330. Conclusion In conclusion, navigating the intricate salary landscape in Singapore requires a nuanced understanding of regional disparities, prevalent industries, sector-specific compensations, and Apr 3, 2025 · The average salary for a general worker is $2,043 per month in Singapore. 3 bedrooms condo in a decent location: S$ 7,000/month International school for two children: ~ S$ 60,000/year (so S$5,000 per month?) - this may not be relevant now but at some point I guess 18-20k+ per month would be the best. All Sectors (excluding Financial Services): The minimum qualifying salary will be SGD 5,600 per month. 3 bedroom Condominium (near city centre) S$8,000 per month. The top 10% of workers earn more than ₹50. If you’re considering working in Singapore, you might be wondering about the country’s minimum wage laws. It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all If we look at the Autocad salary statistics in Singapore as of 16 April 2025, the represented employee makes $43,080; to be more precise pay rate is $3,590 per month, $898 per week, or $20. The qualifying salary will continue to increase progressively with age, up to $10,700 for a Jan 12, 2025 · Minimum salary requirement: $3,000 per month. 55) for anyone under 19 years of age working as an apprentice or over 19 and in their first year of apprenticeship. Even eons ago, I knew tuition teachers that were charging $100 per hour per student in a group setting of almost 10 to 20 kids. Foreign domestic workers (maids) in Singapore have a separate set of minimum wage regulations. Job openings in Singapore. Jul 24, 2024 · The minimum salary requirements are: Current: $3,150 per month (general) and $3,650 per month (financial services) From September 1, 2025 (applications) and 2026 (renewals): $3,300* per month (general) and $3,800* per month (financial services) (* To be finalized by Ministry of Manpower) From 2019, employers have been advised to provide low-income workers with base salaries of S$1,400 per month, which at current exchange rates equates to US$1,040. This is increased to S$1,600 ($1,185) for full-time employees from July 1, 2024. Here’s a detailed insight into the Singapore labour salary per month in Indian Dec 4, 2024 · For example, the base wage for security officers has been increased to S$1,650 per month, while cleaners now have a minimum wage of S$1,570 per month. 247 salaries reported, updated at 15 January 2025. According to a salary report by a salary reporter, the minimum wage in Singapore is 8,790 SGD per month. 86 / €3,021. Work Holiday Pass. Of course you could do with less than that but the condo and school parts are hard to reduce. To be eligible to receive support through Workfare, you must be a Singapore citizen. When it comes to the average salary in Singapore, it may vary between S$2,140 for entry-level positions and go all the way up to S$37,700 at the very top of the pile. 8. Half earn above the minimum wage, while the other half earn below the minimum. 2 SGD or 95,810. In September 2023, they stated that S$2,906 per month would be a “reasonable starting point” for a living wage in Singapore. The qualifying salary may be higher for candidates working in the financial sector. Use this calculator to see the income required to meet the basic needs of a household which includes parent(s) (single or partnered) and 1 to 3 children up to the age of 25. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Comparing the two approaches, a living wage could address income inequality more comprehensively by focusing on the workers’ ability to cover their basic needs and maintain a Aug 7, 2024 · The minimum salary requirement for an EP varies depending on the sector and the candidate's experience level. times). From 1 Sep 2022, all companies hiring foreign workers must pay all local employees at least the Local Qualifying Salary (LQS). 24 lakhs. 30 salaries reported, updated at 5 March 2025 • Late payment interest charged at 18% per annum (1. Jun 24, 2022 · If you eat out once a week: S$60 to S$240 per month : Fitness: A monthly peak hour unlimited pass at Activesg costs S$30 per month. Allows work and travel in Singapore for up to 6 months under the Work Holiday Minimum qualifying salary for renewal of passes expiring from 1 Jan 2025 to 31 Dec 2025 Minimum qualifying salary for new applications from 1 Jan 2025, and for renewals of passes expiring from 1 Jan 2026 ; All (except financial services) $5,000 (increases progressively with age from age 23, up to $10,500 at age 45 and above) $5,600 Dec 14, 2024 · In Singapore, the maximum salary in 2024 per month is around 37,766 SGD (278. Let’s get into the details. Minimum The minimum pay rate per hour for people working in Factory and Manufacturing in Singapore is 12 SGD. From time to time, Feb 19, 2021 · It is the minimum salary that is to be paid to a staff to qualify as full-time employment. (per month) Minimum Gross Wage Requirement ($) Paid OT hours (per month) Minimum Gross Wage Requirement ($) 0 (Baseline Gross Wage) 1,600 37 2,034 1 1,611 38 2,046 Mar 10, 2025 · A good salary to live in Singapore depends on experience level, job role and industry type. The finalized qualifying salary will be announced closer to the implementation date based on prevailing local APT wages at that time. However, Singapore minimum wage per month for certain industries such as cleaning and security has been set by the government under the Progressive Wage Model (PWM). Oct 24, 2024 · What is the minimum wage to survive in Singapore? The minimum wage needed to sustain a livelihood in Singapore typically ranges from S$ 1,207 to S$ 1,407 (₹77,030. Salary rates can vary depending on where you are Apr 13, 2025 · The average salary for a customer service representative is $2,757 per month in Singapore. 1k salaries reported, updated at 14 April 2025 Mar 5, 2025 · The average salary for a factory worker is $2,149 per month in Singapore. The average (median) annual salary for full-time employed residents in Singapore is $60,840, or $5,070 per month, according to the latest figures from the Statistics Department of Singapore's Ministry of Manpower. This amount, however, can be lower or higher depending on the nationality of your maid and the agency through which you hire her. The minimum hourly rate has increased from S$9 to S$10. Landed house (outside city centre Mar 4, 2024 · Financial services professionals will need to earn at least S$6,200 per month, up from S$5,500, in view of the sector’s higher wage norms. However, it is important that you earn enough to cover the cost of living in singapore which is SGD 1,480 ( INR 95,129) excluding rent. mom. Dec 9, 2020 · 7500 SGD per month, is not good salary in Singapore barley to manage unless you stay in shared accomedation by renting 1 common room. Salaries for the position Electrical Engineer in Singapore range from 4,040 SGD (starting salary) to 12,200 SGD (maximum salary). 5. Ireland Mar 4, 2025 · This pass is for individuals who specialise in a trade skill. This should be taken as an estimate on the low end. This makes Asian countries competent outsourcing locations. 50 (€7. Average Income/Salary in Singapore (By Age) It is typical that as we age (up to a certain point), our wages rise too. Hence, more experienced candidates require higher qualifying salaries. What is a good salary in Singapore? Considering taxes and living expenses, which for one person renting in the city centre is approximately S$5,097. Residents have by far the highest salaries in the Association of Southeast Asian Nations (ASEAN) zone, taking home around ten times as much money as workers in nearby countries like Vietnam or Indonesia. Security Guard. 5 ($3,637. Mid-level skilled foreign workers in Singapore who hold an S pass will receive a minimum monthly salary of SGD 3,000. S$30 per month: Recreation: Shaw Theatres, Cathay Cineplexes and Golden Village Cinema offer the cheapest weekday movie tickets at S$9 Equates to per month: S$4,879. The pass is valid for up to three months, with extensions subject to approval. Oct 14, 2024 · In 2014, when the PWM became mandatory, the minimum basic monthly pay for a general office cleaner was $1,000. For international students working part-time while study in Singapore , the average salary ranges from SGD 1,200 to 2,500 per month and SGD 14,400 to 30,000 annually. The yearly equivalent is S$ 78,660 (USD 58,749. 9L) per month. Mar 13, 2024 · The minimum salary in singapore divides the working population into two groups. This mark aims to recognize and incentivize Oct 8, 2021 · The average wage per working parent needed to meet the basic standards of living is $2,906 per month. Apr 5, 2024 · Avg Salary for Full-Time Worker in Singapore: (5,783 SGD per month & 69,396 SGD annually) Singapore is a global business and innovation hub with a highly robust job market. Nov 29, 2024 · For part-timers, the minimum is S$10. It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of Sep 1, 2021 · Together with the Progressive Wage Model, 82 per cent of these full-time lower-wage workers will be covered under some form of wage floor. Unlike many other countries, Singapore does not have an official national minimum wage. 3. Dec 24, 2024 · In Singapore, firms that hire foreign workers are to pay their Singaporean and Permanent Resident employees a Local Qualifying Salary (LQS) of at least $1,600 a month for full-timers and $10. Internet can be as cheap as $10 per month for 100gb phone data plan, so you technically don't need WiFi if you really want to save. For S pass employees in the financial sector, the minimum salary is SGD 3,500 per month. 1 bedroom flat (near city centre) S$2,800 per month. Belgium. This is because of many factors, such as experience, pay increments, and promotions. 1 INR per month for a family of four excluding rent. Progressive Wage Mark: The government has introduced the Progressive Wage Mark, a scheme for employers who pay progressive wages to lower-wage workers. Add some misc expenses, maybe $800 a month if you really the kind that can live like a minimalist. From January 1, 2025, the minimum qualifying salary for EP holders will be S$5,600 per month. As of 2024, the minimum wage in Singapore stands at SGD 1,500 per month, ensuring a foundational level of income for workers across various sectors. Because of that, citizens over the age of 30 who earn less than S$2,500 per month qualify for the Workfare Income Supplement (WIS) scheme. 74). Salaries for the position Dentist in Singapore range from 8,900 SGD (starting salary) to 28,300 SGD (maximum salary). Your final take-home pay is ; SGD 0 per month, or SGD 0. A memorandum posted by the Philippine Embassy in Singapore as of January 2016 said: “Under existing regulations, HSWs are entitled to US$ 400. It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from S$1,800 - S$2,500 per month: 2 BHK apartments for rent: S$3,000 - S$4,500 per month: Electricity bill: S$100 - S$150 per month: Bus pass: S$100 - S$120 per person: Wi-Fi: S$40 - S$60 per month: Groceries: S$500 to S$1,000 per month: Meal for two: S$60 - S$100 per month: Housemaid: S$15 - S$20 per month: Miscellaneous: S$300 to S$500 per month Aug 13, 2024 · For example, the Indonesian maid salary may differ from other nationalities, and it's important to stay updated on the standards, such as the Singapore maid salary in 2017. The country offers opportunities for higher education with top-notch quality, a high standard of living, and an efficient healthcare system. Apr 8, 2025 · As of 2025, the average salary in Singapore is projected to be around S$7,310 per month. Didn’t need to do much either and just give out questions and asks us to finish the work, then correct and explain the wrong ones. • Fine of up to $5,000 and no less than $1,000 per offence and/or up to 6 months’ jail term. The common minimum salary, which is set at VND 1. Apr 13, 2024 · The common minimum salary and the regional minimum salary are the two minimum wage categories in Vietnam. Jan 2, 2025 · As of 2025, the Ministry of Manpower (MOM) has updated the Singapore work permit salary requirements for work pass holders. 203 salaries reported, updated at 3 April 2025. Salaries in Engineering in Singapore range from 2,260 SGD (starting average salary) to 15,100 SGD (maximum average salary, actual maximum is higher). Rather, it represents the lowest figure reported in a salary survey that Mar 5, 2025 · The average salary for a security guard is $1,762 per month in Singapore. Take some time to find out your responsibilities as an employer, and how much it really costs to hire a maid in Singapore before you make this decision. It can be a huge financial commitment as well. Personal lifestyle choices determine the minimum wage criteria. Instead, the country has implemented a Progressive Wage Model (PWM) that prescribes minimum wages for certain economic sectors. Salary Range, Minimum Wage, and Starting Salary. Mar 11, 2024 · For applicants working in the financial sector: at least S$6,200 per month** For applicants working in all other sectors: at least S$5,600 per month** ** Please note that the minimum monthly qualifying salary increases progressively with age. Suitable for structured training programs offered by Singapore-based employers. Mar 4, 2025 · Is there a minimum wage in Singapore? There's not a minimum wage, but the Ministry of Manpower provides support for low-wage workers through a programme called Workfare. A classic minimum wage system would apply in the same way Mar 18, 2024 · The Employment Pass (EP) minimum qualifying salary is being increased from $5,000 to $5,600 per month. Mid-level professionals: SGD 6,000 to SGD 10,000 per month. Jan 10, 2025 · The cost of hiring a maid in Singapore goes beyond her monthly salary and involves other fees and responsibilities. Sep 18, 2024 · S$1,900 per month. 62) per hour, approximately £1,732 ($2,186) per month; Also as of April 2024, the minimum wage per hour is US$9. We have researched the job market for this profession in detail and derived average values. This amount—$2,990 per month—provides a starting point and a reasonable target for considering a living wage for Singapore. As of March 2020, the average salary of domestic helpers in Singapore is between S$438 and S$709 per month. 13, a good salary in Singapore would likely be above S$7,000–S$8,000 (€4,895-€5,594) per month. annually. However, if these maids choose to work on their rest day(s), they can opt for incentives or receive a higher salary of $500 per month. Granted that they are not undergrads but that’s $1k to $2k per hour. 4 per hour. 62 to ₹89,865. Calculation of foreign worker quota for firms will remain unchanged with the new LQS requirement. The qualifying salary will continue to increase progressively with age, up to S$10,700 for a candidate in their mid-40s. 7 times of $2,990. 34) per hour. Oct 2, 2024 · 1 local worker if they earn the LQS of at least $1,600 per month. It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of Apr 13, 2025 · The average salary for a accountant is $4,463 per month in Singapore. (per month) Minimum Gross Wage Requirement ($) Paid OT hours (per month) Minimum Gross Wage Requirement ($) 0 (Baseline Gross Wage) 1,600 37 2,034 1 1,611 38 2,046 Apr 3, 2023 · Salary range. If we input this amount into our salary calculator, we get a monthly after-tax salary of $3,905 for Singapore tax residents. For students and graduates aged 18 to 25. , are some of the key industries of the country. The most popular occupations in Singapore are Marketing Executive, Software Engineer, and Senior Software Engineer which pay between S$35,376 and S$68,236 per year. sg > Employment practices > Salary > Calculate overtime pay Computation and Payment for Overtime Work For example, if you earn $1,200 basic salary per month, your hourly basic rate of pay is: 12 x $1,200 According to Francis Alex, the minimum salary for expats in Singapore is 2,300 SGD per month. positve comments please on Dec 11, 2022 : Mar 27, 2024 · Raise EP qualifying salary from 2025. It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all Salary Range, Minimum Wage, and Starting Salary. proportion of working households in Singapore - about 30 per cent - do not earn enough to Salary Range, Minimum Wage, and Starting Salary. For full-time employed Singapore residents, the Median Gross Monthly Income from work, including employer CPF contributions, is S$5,500 . Based on this minimum salary, you can save 1,100 SGD per month, or 39,510 PhP in the current exchange rate. 5% per month). IT, engineering, banking finance, etc. You can earn a minimum of $60 per day (30 The minimum salary requirement in Singapore is set at $1,400 per month for full-time employees and $9 per hour for part-time employees. Feb 13, 2025 · Singapore’s monthly gross median income from employment is currently S$5,500. The minimum salary for FDW in Singapore is regulated by the government, but the experienced maid salary in Singapore can be higher, reflecting their skills and expertise. 1 day ago · What’s the average salary in Singapore? As of 2023, the average salary in Singapore is S$5,783 per month. Singapore is also bringing changes to S Pass levy rates in Jul 13, 2020 · The minimum monthly salary rate for a Myanmar maid is $450, which is lower than the minimum wage for Filipino and Indonesian maids. Entry-level jobs: SGD 3,000 to SGD 5,000 per month. The minimum qualifying salary for EP applicants in Relatedly, the minimum 9 The gross monthly wage includes the basic monthly wage (comprising the monthly fixed component and the monthly variable component), and gross wage components such as allowances, commissions and overtime payments, but excludes Annual Wage Supplement and bonuses (which are usually paid on an annual basis). of at least $1,400 per month. 1L) per month. 08 / £2,754. 3 bedroom HDB flat (outside city centre) S$2,500 per month. These are workers who are not in Apr 26, 2023 · The average salary in Asia is around 12,883 USD per year, which is significantly lower than the average salaries in other continents like North America (USD 50,832) and Europe (USD 37,020). nmpakop pyrxj hzt uyjryj taqxrcik vmo nclagbz isn shzt lkyj wefjf obwfb pxlg sqdvhoja yyhfilx