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Starting salaries can vary greatly depending on a professional’s skills and experience, company size and demand for the role.
Financial Services Commerce & Industry
Position title 25th percentile 50th percentile 75th percentile Applications Architect, Financial Services 125000 142000 168000 Business Analyst, Financial Services 84000 115000 157000 Change Manager, Financial Services 125000 157000 209000 CIO, Financial Services 250000 300000 400000 CISO, Financial Services 262000 315000 420000 CTO, Financial Services 262000 315000 420000 Cloud Architect, Financial Services 125000 157000 194000 Cloud Engineer, Financial Services 84000 115000 147000 Cyber-Security Manager, Financial Services 125000 157000 188000 Data Analyst, Financial Services 75000 99000 137000 Data Architect, Financial Services 125000 142000 168000 Data Engineer, Financial Services 100000 125000 168000 Data Scientist, Financial Services 84000 115000 147000 Database Administrator, Financial Services 60000 84000 120000 Database Engineer, Financial Services 84000 115000 147000 DevOps Engineer, Financial Services 104000 125000 157000 DevSecOps Engineer, Financial Services 119000 144000 198000 Enterprise Architect, Financial Services 188000 231000 272000 Helpdesk Support Analyst, Financial Services 57000 78000 94000 Infrastructure Architect, Financial Services 125000 142000 168000 IT Auditor, Financial Services 84000 108000 157000 IT Auditor / IT Risk, Financial Services 88000 125000 188000 IT Business Partner, Financial Services 125000 147000 178000 IT Director, Financial Services 200000 220000 250000 IT Manager, Financial Services 120000 156000 175000 IT Risk & Governance, Financial Services 94000 125000 157000 IT Security Analyst / Consultant, Financial Services 94000 125000 157000 IT / Systems Engineer, Financial Services 84000 102000 115000 Mobile Developer, Financial Services 88000 126000 151000 Network Architect, Financial Services 125000 142000 168000 Network Engineer, Financial Services 84000 104000 131000 Network / Infrastructure Manager, Financial Services 94000 110000 120000 PMO, Financial Services 94000 125000 188000 Product Owner / Manager, Financial Services 125000 157000 188000 Program Manager, Financial Services 209000 262000 315000 Project Manager, Financial Services 125000 157000 188000 SAP Consultant, Financial Services 88000 115000 137000 Security Architect, Financial Services 160000 200000 260000 Security Operations Analyst, Financial Services 90000 126000 168000 Security Operations Engineer, Financial Services 96000 130000 150000 Service Delivery Manager, Financial Services 115000 137000 168000 Software Engineer, Financial Services 104000 151000 188000 Solutions Architect, Financial Services 125000 142000 168000 Scrum Master, Financial Services 94000 120000 137000 Systems Administrator, Financial Services 75000 94000 115000 Systems Analyst, Financial Services 75000 88000 125000
25th percentile
The candidate has little or no prior experience in the position and is still developing relevant skills.
50th percentile
The candidate has an average level of experience and has most of the necessary skills.
75th percentile
The candidate has above-average experience, has most or all the necessary skills and may have specialised qualifications.
Salary range based on three percentiles The starting salaries represent gross yearly salaries. They do not include bonuses, benefits or the Central Provident Fund.

AI adoption calls for security, governance and tech risk management talent

AI security, data governance and tech risk management are essential to company success. As AI adoption continues to accelerate, safeguarding data privacy and mitigating potential risks associated with AI implementation is crucial. Companies are actively pursuing IT risk specialists who can navigate the complex regulatory landscape, implement robust security measures and ensure ethical AI practices.

Practical experience holds more gravitas than certifications

While certifications demonstrate a commitment to professional development (and are often necessary), companies in Singapore seek practical experience and hands-on skills from potential new hires. Employers favour candidates who can apply their knowledge and expertise to real-world scenarios. In today’s tech world, while certifications hold value, they are increasingly seen as a complement to, rather than a substitute for, hands-on expertise.
Proficiency in AI remains a highly sought-after skill by IT teams, with applications ranging from customer chatbots to predictive maintenance systems. Recognising the professional benefits, many tech professionals say learning and enhancing AI skills related to their role is necessary for future career success. Moreover, AI adoption in day-to-day roles is being adopted by many workers and is also largely encouraged by employers to streamline efficiencies. of tech professionals say learning and enhancing AI skills related to their role is necessary for future career success of tech professionals say learning and enhancing AI skills related to their role is necessary for future career success

In the wake of recent market volatility, tech workers are concerned about the stability of their roles. In many cases, workers value their job security over pay, but others are concerned about their compensation keeping pace with their skills and experience. To settle these uncertainties, businesses should provide clear communication about the company's financial health in relation to salary benchmarking and business structure – and consider non-monetary benefits as an alternative to salary increases. of tech employees prioritise job security over salary in the current job market of tech employees prioritise job security over salary in the current job market

of tech workers will ask for more benefits if they are not given a pay rise in the coming 12 months of tech workers will ask for more benefits if they are not given a pay rise in the coming 12 months

In-demand permanent jobs in IT and technology

Cyber-Security Engineer IT Infrastructure Manager Solutions Architect Project Manager Business Analyst Data Analyst

In-demand skills in IT and technology

Data governance Cloud security VAPT Technology Risk Management (TRM) Agile methodology

How much should I earn or pay?

In-demand certifications and degrees in IT and technology

AWS/Azure CCMP/CISA/CISM/CISSP/CRISC PMP/ITIL/TOGAF

Top industries hiring for IT and technology specialists

Financial services FinTech Manufacturing Energy, engineering and chemical Consulting firms Healthcare Real estate Data centre

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The salaries listed in the Salary Guide from Robert Half are the result of a rigorous, multistep process to ensure our projections accurately reflect the marketplace. They are based on actual compensation for professionals Robert Half has matched with employers in Singapore. The salaries listed in the salary tables represent gross yearly salaries. They do not include bonuses, benefits or the Central Provident Fund. We report salaries in three percentiles, recognising that professionals join companies at varied experience levels. The non-salary data presented in this Salary Guide is derived from an online survey conducted by an independent research firm commissioned by Robert Half in November 2024. The survey gathered responses from 300 finance, accounting, financial services, human resources and IT and technology professionals employed by a diverse range of organisations in Singapore, including SMEs and large companies.