The average salary survey by MOM shows that the average monthly salary in Singapore in quarter 1 of 2011 experienced salary increase by almost 9% to S$4,677, compared to the salary in 2010.
Average Salary in Singapore
The statistics are sourced from the CPF database, based on salary contributions made to CPF. It should be noted that the monthly earnings reflected in the table refers to all the remuneration received by a person before any deduction of the employee’s share of CPF contributions and income taxes.
The pay comprises of basic wages, overtime earnings, commissions, allowances and other monetary payments, annual wage supplement (i.e. 13th month bonus) and variable bonuses.
But this exclude the employer’s share of CPF contributions.
Singapore Average Monthly Nominal Earnings for 2009, 2010 and 2011
| Average (Mean) Monthly Nominal Earnings | 2009 | 2010 | 2011 |
| Singapore $ Per Employee | |||
| Annual | 3,872 | 4,089 | - |
| 1st Qtr | 4,155 | 4,310 | 4,677 |
| 2nd Qtr | 3,609 | 3,819 | - |
| 3rd Qtr | 3,562 | 3,754 | - |
| 4th Qtr | 4,160 | 4,474 | - |
2011 Singapore Average Monthly Nominal Earnings by Industry
This table provides a breakdown of the average salaries in the different industries. The financial and insurance industry in Singapore has the highest average salary of almost S$10,000 while the administrative and support services industry commands an average pay check of around S$2,800.
| Industry | 2011 |
| Quarter 1 | |
| MANUFACTURING | 4,881 |
| CONSTRUCTION | 3,571 |
| SERVICES | 4,713 |
| Wholesale & Retail Trade | 3,904 |
| Transportation & Storage | 4,305 |
| Accomodation & Food Services | 1,634 |
| Information & Communications | 5,601 |
| Financial & Insurance Services | 9,978 |
| Real Estate Services | 3,739 |
| Professional Services | 5,303 |
| Administrative & Support Services | 2,775 |
| Community, Social & Personal Services | 4,881 |
Read this article for insights on the average pay of fresh grads in Singapore for 2011.
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Would be interesting to see the weighted average of the different industries’ salaries?
Yap definitely BT. Would see if I can work something out and calculate the weighted average. Could you elaborate a little bit more on what you mean though?
[...] The link below shows the average salary of a Singaporean at S$4677/month, which is S$56,124/year. http://www.salarysingapore.com/average-salary-in-singapore-2011.html [...]
[...] sorry but the rest of Singapore is getting about S$4.1k a month, which is only about $49.2k a year. That’s about half of what she’s earning in her current [...]