High Paying Singapore Jobs That You Should Consider In 2020
Singapore has one of the best economies in the world and is generally a great country to live in. However, you need money if you want to live a good lifestyle, and this is typically every person’s goal. Unless you are an entrepreneur with a successful business, or you are born into a wealthy family, your best bet towards attaining the good life is probably to get a high-paying job.
The good thing is that Singapore is an economic hub that has attracted all sorts of local and international companies that are highly successful, and they also pay well. Here are some of the highest paying jobs in Singapore that you should consider in 2020, especially if you have the right skills and a solid CV.
- Certified medical specialist
People take their health very seriously in Singapore and are willing to pay top dollar to make sure that they are in tip-top shape. The demand for highly qualified medical practitioners or specialists is, therefore high. Consequently, medical specialists are well paid with their monthly salaries averaging around $23,000. Examples of medical specialists that earn such high salaries include neurosurgeons and cardiologists, among others.
- Forex brokers
Forex brokers are among the highest-paid individuals in the finance segment in Singapore. Singapore’s forex brokers can earn as much as $18,000 per month, but this type of job is also a high stake one. This is because they handle trades worth millions of dollars, and a single trade means millions in profits or losses. Skilled forex brokers try and
- Market analysts
As noted earlier, Singapore is one of the most lucrative business hubs globally. However, not every firm that launches a product in this market achieves success. Firms that want to achieve business success in Singapore have to carry out proper market research, and that is where market analysts come in. They study the market and determine the risks and also pinpoint the risks involved in a particular market. They then draft up an in-depth report that allows the companies to decide whether and even how to execute their market strategy. Market analyst jobs in Singapore pay an average of S$12,000 per month.
- Company legal counsel
Lawyers earn decent salaries, but there is a different class of lawyers that really earn top buck regularly. These are the lawyers that are employed by companies to act as the in-house legal counsel that represent the firm in all legal matters, whether its lawsuits or handling contracts and other legal situations.
One has to have practiced legal law at a private practice to secure such a job. They also require candidates to be familiar with business concepts or how businesses operate. The salary for this type of job, on average, is around $13,000.
- General Manager and COO positions
These types of jobs are particularly ideal for individuals that have management experience and success, especially at companies that perform well. A COO or GM position will require you to oversee the daily operations of a firm, and such a post means that you will oversee the workforce, which may comprise hundreds if not thousands of employees while they answer to the CEO. The average COO in Singapore earns roughly $12,500, but those in the financial services industry earn even higher than that.
- Portfolio managers and fund managers
These types of jobs are usually found in investment funds, which means that portfolio and fund managers are in charge of a large pool of money. Their job usually involves executing the investment strategy on behalf of the investors and also handling the fund’s trading activities. Singapore s one of the fast-paced markets with a lot of investors who prefer to invest their money through investment funds such as REITs, mutual funds, and other investment vehicles.
These jobs are quite challenging and competitive, but they also attract handsome salaries. The average salary for a fund manager is around $12,150 per month.
- Investment bankers
Investment banking jobs are quite competitive, but they are also in the class of job categories that offer the highest salaries in the finance sector. The job description usually involves market analysis to determine where the business will invest its money. They are also tasked with coming up with ideas that will help beat unfavorable market conditions. In short, their decisions help generate millions in revenue for the companies or banks that they work for. The salary for this type of job, on average, is around $19,000.
It is well known that engineers make decent bank, but some engineering jobs rake in more than others. Network engineering jobs are among the best paying engineering jobs in Singapore. Almost every firm these days is connected to the internet, and they also have communication networks. These networks are critical to company operations, and so these firms need engineers whose job is to develop and maintain those networks and systems. For example, a company requires network engineers in its IT department to make sure that they ward off and shield against potential malicious hacks.
The critical nature of these networks means that network engineers are highly coveted in the corporate world, and as such, they are nicely remunerated. The average monthly salary of a highly-qualified network engineer is around $16,000.
- University lecturers
If you love academia and are particularly interested in a particular scholarly discipline, then perhaps you should consider making a career out of it by becoming a lecturer. The good news is that there is an abundance of higher education institutions in Singapore, and students are flocking into these institutions, thus the need for more lecturers.
Some more good news is that lecturers are also among the highest individuals in the Singapore job market. For example, the average salary of a lecturer is around $13,000 per month, and it is one of the most flexible jobs in the country, especially given the nature of campus schedules. However, this type of job is highly demanding as far as academic qualifications are concerned.