Median salary for S’pore tech workers rises to S$9,360. But where can those jobs be found?
Disclaimer: Unless otherwise stated, any opinions expressed below belong solely to the author. Data sourced from the Singapore Digital Economy Report published by IMDA last week. Singapore’s Infocomm Media Development Authority released its annual Digital Economy Report last week, providing data on the developments in the local tech industry—both directly in the Information & Communications […]
Singapore's Digital Economy Report reveals that the median salary for tech workers has risen to S$9,360, despite many workers believing their IT qualifications are primarily used in major technology companies. In reality, two-thirds of Singapore's digital economy jobs are outside of the tech business, presenting triple the employment opportunities for those with tech skills.
The digital sector's value added has grown by over 45% since 2021, reaching S$144 billion and contributing nearly one-fifth of Singapore's economy. Employment in the digital sector has grown by nearly 30,000 people, including 8,200 last year alone. Despite a 15% increase in headcounts from 2021 to 2025, tech employees' salaries have increased by 14% to over S$9,300, inclusive of employer CPF contributions.
This means more than half of Singapore's 222,000 tech workers earn S$100,000 per year or more. The majority of tech jobs are actually found in industries outside of the tech sector itself, with 6,500 new jobs created in various sectors. Industries like Finance, Wholesale Trade, and Manufacturing have seen significant contributions to the digital sector's value, offering diverse job options for tech workers.
The Information & Communications sector may not be booming, but the labor market for tech workers remains promising as digitalization spreads across the economy, leading to increased demand for qualified IT staff in other industries.
Written by urgent.news from Vulcan Post's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.