The Only Salary Guide Singapore-Based Software Engineers Need

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Ikigai is a Japanese word that describes the feeling of having a perfect job. It’s that sweet spot where your passions and talents intersect with things the world needs and is willing to pay for.  


Finding work you love is tough. But if you’re a software engineer, you probably don’t have to worry about the latter half of the ikigai equation. That’s because software engineers have become one of the most sought-after talents in Singapore. 


More American, Chinese and homegrown tech firms are setting up shop here. With more headcounts than talent to fill them, demand has shot up for technical roles. If you remember your Economics 101, higher demand = higher salaries to attract these talents. And higher salaries = zero hesitation before splashing $8 for a cold brew at a swanky cafe. 

Source: Giphy 


In this article, we uncover the best places to work at if you’re a software engineer. We compiled a list of 10 of the most-searched companies on NodeFlair. From there, we looked at the compensation they offered across four levels of seniority: junior, mid-level, senior and lead. 

Salary Guide for Software Engineers


Three industries made the list. They include: 

  • Information & technology (Grab, Shopee)
  • Finance (DBS, JPMorgan)
  • Consulting (Accenture)

Across the 10 companies we shortlisted, a junior software engineer may receive a monthly salary ranging from $3,650 to $6,500. For senior software engineers, the figure ranges from $5,800 to $15,750. 

Whether you’re a fresh graduate, looking to switch up your career, or move up in seniority, you’ll find companies offering some of the most competitive packages. That said, salary should not be your sole consideration. 

Also take into account intangibles such as the company’s culture, the team you’ll be working with and non-monetary benefits. But for the purpose of this article, we will just focus on what we can quantify. With that said, let’s look at the industry standard to set a baseline. 


 Note: Salary data comes from NodeFlair Salaries, which is based on anonymised user submissions. To verify accuracy, we use payslips or offer letters as proof. If you want to help the tech community, contribute your salary data here


* Denotes salary referenced from MyCareersFuture.gov.sg. The figure is derived from taking the average of the salary range for the role. 

Disclaimer: Data Source and Accuracy

Source

  • All data presented in this article are acquired from NodeFlair Salaries
  • NodeFlair Salaries primary collects data from 2 main sources - User Submissions and MyCareersFuture job listings

Accuracy of User Submitted data

Screenshot from NodeFlair Salaries
  • All user-submitted salaries are authenticated by ensuring users provide supporting documents to proof their employment and salary data
  • It also allows a more granular breakdown of the submission: Fixed Bonus, Variable Bonus, Stocks, Vesting period, Years of experience of the employee, and the date of submission
  • Some entires may have a "✔" beside, which indicates that the data is further supported by an Offer Letter or Payslip
  • This is a stark contrast from Glassdoor, where non-legitimate "employees" can submit their data which still gets listed on the site with no tight verification process

Accuracy of MyCareersFuture's data

Screenshot from NodeFlair Salaries
  • Job listings are from MyCareersFuture, a Singapore Government website
  • NodeFlair picks up the salary range of every listing, which is a compulsory field on the site
  • While the data does offer some gauge of the market, it does NOT guarantee that your offered package will fall within the range
  • Some of the data ranges may be too wide to provide any useful insight
  • For this article, where there is insufficient user submitted data, we will take an average of the salary range from MyCareersFuture

Salaries of Software Engineers in the Information & Technology Sector


Base Salary for Software Engineers Working in Grab

About Grab: Grab is Southeast Asia's leading super app - providing transportation, logistics and financial services. We aim to solve key problems in the region and improve the lives of millions through technology. 


See jobs and careers at Grab  | See more salaries and insights at Grab 

 

Base Salary for Software Engineers Working in Shopee

About Shopee: Shopee is the leading e-commerce platform in Southeast Asia and Taiwan. It is a platform tailored for the region, providing customers with an easy, secure and fast online shopping experience through strong payment and logistical support.

See jobs and careers at Shopee | See more salaries and insights at Shopee


Base Salary for Software Engineers Working in ByteDance

About ByteDance: ByteDance is a technology company operating a range of content platforms that inform, educate, entertain and inspire people across languages, cultures, and geographies. Dedicated to building global platforms of creation and interaction, ByteDance now has a portfolio of applications available in over 150 markets and 75 languages. For example, TikTok, Helo, Vigo Video, Douyin, and Huoshan.


See jobs and careers at ByteDance | See more salaries and insights at ByteDance 


Base Salary for Software Engineers Working in Google

About Google: Google’s mission is to organize the world‘s information and make it universally accessible and useful. 


See jobs and careers at Google | See more salaries and insights at Google 

Base Salary for Software Engineers Working in NCS Group

About NCS Group: NCS is a leading information, communications and technology (ICT) service provider headquartered in Singapore. We help governments and enterprises in Asia Pacific change to better serve the communities. We do this through robust and purposeful integration of the best of technology and people, where ordinary people come together to deliver extraordinary outcomes.

See jobs and careers at NCS Group | See more salaries and insights at NCS Group 


Base Salary for Software Engineers Working in Singtel

About Singtel: Singtel is Asia’s leading communications technology group, operating in one of the world’s fastest growing and most dynamic regions. Together with Optus and our regional associates Airtel, AIS, Globe and Telkomsel, we have a presence in 21 countries. 

See jobs and careers at Singtel | See more salaries and insights at Singtel

Salaries of Software Engineers in the Finance Sector


Base Salary for Software Engineers Working in JPMorgan Chase & Co.

About JPMorgan Chase & Co.: For over 200 years, JPMorgan Chase & Co has provided innovative financial solutions for consumers, small businesses, corporations, governments and institutions around the world.


See jobs and careers at JPMorgan Chase & Co.  | See more salaries and insights at JPMorgan Chase & Co.


Base Salary for Software Engineers Working in DBS

About DBS: DBS, a leading financial services group headquartered in Singapore, operates across 18 markets. We are an Asia-centric commercial bank focused on harnessing the region’s long-term potential as the centre of economic gravity shifts eastwards to Asia.

See jobs and careers at DBS | See more salaries and insights at DBS


Base Salary for Software Engineers Working in Goldman Sachs

About Goldman Sachs: At Goldman Sachs, we believe progress is everyone’s business. That’s why we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow.

See jobs and careers at Goldman Sachs | See more salaries and insights at Goldman Sachs


Salaries of software engineers in the consulting sector


Base Salary for Software Engineers Working in Accenture

About Accenture: Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Interactive, Technology and Operations services—all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. 


See jobs at Accenture | See more salaries and insights at Accenture


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