Overview
Singapore is Asia's premier business hub and the natural headquarters for companies expanding into the region. While costs are significantly higher than other Southeast Asian markets, Singapore offers unmatched access to senior talent, a world-class regulatory environment, and strategic positioning for APAC operations.
For most companies, the optimal strategy is to base leadership and strategic roles in Singapore while building execution teams in lower-cost markets like Vietnam, the Philippines, or Malaysia. This hub-and-spoke model maximizes both talent quality and cost efficiency.
Salary Benchmarks (USD/Year)
Junior vs. Senior salary ranges for key roles in Singapore.
- Junior
- Senior
Employer Cost Breakdown
Mandatory employer contributions as a percentage of gross salary.
Employer Contribution
~17.25% (CPF + SDL)
Notice Period
1-3 months depending on seniority
Annual Leave
7-14 days based on tenure + 11 public holidays
EOR Availability
Available but entity setup is common
IT Graduate Talent Pipeline
Annual IT/tech graduate output showing the growing talent supply in Singapore.
Talent Quality & Insights
Singapore's talent pool is small but exceptionally high-quality. Professionals here are typically multilingual, internationally experienced, and comfortable in senior leadership roles. The market is highly competitive, so speed and compelling offers are essential.
Pros & Cons
✓Advantages
- • World-class talent for senior and leadership roles
- • English is the primary business language
- • Excellent regulatory and legal framework
- • Strategic APAC hub for regional operations
- • Strong IP protection and data privacy laws
- • Stable political and economic environment
!Considerations
- • Highest costs in Southeast Asia
- • Small domestic talent pool — competition is fierce
- • Work visa requirements for foreign hires
- • High cost of living affects salary expectations
- • Not cost-effective for execution-level roles