These are S’pore’s best-paying industries, where 1 in 3 local professionals earn S$10,000+ per month

Recent data from the Ministry of Manpower reveals the best-paying industries for Singapore's local professionals, with a staggering one in three earning S$10,000 or more per month. The top three sectors are unsurprisingly dominated by financial services, information and communications technology (ICT), and Public Administration.

However, the opportunities extend far beyond these industries, with Public Administration, Insurance, Professional Services, Air & Sea Transport, Utilities, Trade, Manufacturing, and even Education also offering lucrative salaries.

While 30-somethings may have difficulty breaking into the six-figure monthly salary bracket in most industries, a select few can come close to this amount in Finance, IT, and Administration. Interestingly, achieving a salary of S$100,000 annually is attainable in a few more industries, suggesting that with dedication and exceptional performance, these positions are not entirely out of reach.

The misconception that a high-paying job requires working in a CBD skyscraper is debunked by these findings. Professionals can also secure well-paying positions in more accessible locations, and pursuing a career in a field that aligns with their interests is likely to lead to success. The data indicates that good money can be found in various industries, and it is not confined to a select few elite professionals.

As long as individuals strive to be better than average, there is potential for career growth and financial success in almost any industry.