{"id":16589,"date":"2021-11-25T08:54:10","date_gmt":"2021-11-25T08:54:10","guid":{"rendered":"https:\/\/www.instantoffices.com\/blog\/?p=16589"},"modified":"2021-11-25T08:54:10","modified_gmt":"2021-11-25T08:54:10","slug":"average-singapore-salary","status":"publish","type":"post","link":"https:\/\/www.instantoffices.com\/blog\/featured\/average-singapore-salary\/","title":{"rendered":"Average Salary by Age in Singapore"},"content":{"rendered":"

Your age and salary are closely linked as you progress through your career. As you gain more experience in the workplace, you will gain skills and value as an employee, and your salary expectations should follow in line with this increase.<\/p>\n

There\u2019s a direct correlation between age and salary \u2013 for most of your life they will increase together as you build new skills and increase your potential. But it also depends on several variables such as your industry, development and even gender.<\/p>\n

Here\u2019s what you need to know:<\/strong><\/p>\n

Average Wage Growth in Singapore<\/span><\/strong><\/h2>\n

The average annual salary in Singapore is 90,599 SGD. The most typical earning is 48,904 SGD. According to salary surveys in Singapore<\/a>, most employees\u2019 yearly earnings will tend to increase from their 20s to their 30s, reaching a plateau in their early 40s.<\/p>\n

The number tends to rise again from the late 40s to the late 50s, dropping again slightly towards retirement age (early 60s).<\/p>\n

The table below shows how the average Singaporean salary changes over time:<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n
Age Group<\/strong><\/td>\nAverage Gross Salary\/ Year<\/strong><\/td>\n<\/tr>\n
21-25<\/td>\n44,975 SGD<\/td>\n<\/tr>\n
26-30<\/td>\n62,180 SGD<\/td>\n<\/tr>\n
31-35<\/td>\n89,824 SGD<\/td>\n<\/tr>\n
36-40<\/td>\n116,506 SGD<\/td>\n<\/tr>\n
41-45<\/td>\n131,420 SGD<\/td>\n<\/tr>\n
46-50<\/td>\n145,616 SGD<\/td>\n<\/tr>\n
51-55<\/td>\n168,576 SGD<\/td>\n<\/tr>\n
56-60<\/td>\n158,733 SGD<\/td>\n<\/tr>\n
61-65<\/td>\n132,387 SGD<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Other Factors that Influence Salary Growth<\/strong><\/span><\/h2>\n

These factors play a significant role in determining how much you should be earning throughout your career.<\/p>\n