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How much do salaries typically increase over a 10-year career in Singapore?

Cricket All BD News

15 Aug, 2025

Over the past decade, median salaries in Singapore have experienced significant growth......

In 2013, the median gross monthly income was S$3,705, which increased to S$5,197 by 2023. This represents an approximate 40.3% increase over ten years, averaging an annual growth rate of 3.4%. When adjusted for inflation, the real annual wage growth stands at about 2.0%.

Looking ahead, salary increments in Singapore are projected to continue. For instance, in 2025, employees can anticipate an average salary increase of approximately 4.1%.

It's important to note that actual salary growth can vary based on factors such as industry, job role, and individual performance. Certain sectors, like technology and healthcare, may experience higher-than-average salary increments due to increased demand for specialized skills.

For a more personalized understanding of salary trends in specific industries or roles, the Ministry of Manpower offers a benchmarking tool that allows individuals to compare their salary increases and bonus payouts against industry averages.

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