From 3% to 25%: Jobs with the lowest and highest expected pay raises in Singapore in 2026

Disclaimer: Unless otherwise stated, any opinions expressed below belong solely to the author. Data sourced from Michael Page’s Salary Guide Singapore 2026. While recently published job market surveys generally project salaries in Singapore to go up by between 3...

Feb 2, 2026 - 07:09

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From 3% to 25%: Jobs with the lowest and highest expected pay raises in Singapore in 2026

Michael Petraeus 29 Jan 2026

Disclaimer: Unless otherwise stated, any opinions expressed below belong solely to the author. Data sourced from Michael Page’s Salary Guide Singapore 2026.

While recently published job market surveys generally project salaries in Singapore to go up by between 3 and 6%, as ever, it depends on the business you’re in and your role. Labour, after all, is subject to the same laws of supply and demand that determine the prices of the rest of goods and services. Workers in demand are not only paid more but can also expect higher annual increments to keep them from switching to competition.

Once again, we need to take a look into Michael Page’s Salary Guide for 2026, which specialises in recruitment of professionals and has shared its projections for pay raises you can expect this year.

Expected pay raises in Singapore by sector for 2026

SectorAverage expected rangeHigher rangeRoles in the higher range

Accounting & Finance	4 to 6%	up to 10%	Tax, Risk Management, Sustainability Finance
Banking & Financial Services	5 to 8%	12 to 15%	Compliance, Digital Transformation, Sustainability Finance
Digital	6 to 9%	up to 15%	E-Commerce, CRM, Digital Strategy
Engineering & Manufacturing	10 to 15%	up to 20%	Process Engineering, R&D, Quality Assurance
Healthcare & Life Sciences	10 to 15%	up to 25%	Regulatory, Clinical, and Commercial Leadership
Human Resources (HR)	4 to 7%	up to 12%	HR Business Partners, Total Rewards and L&D Leaders
Legal	5 to 8%	12 to 15%	Regulatory, Privacy, Technology Counsel
Marketing	10 to 12%	15 to 20%	Growth Marketing, Brand Strategy, CRM
Procurement & Supply Chain	3 to 8%	8 to 12%	Strategic Sourcing, Supply Planning, Sustainability
Sales	12 to 15%	up to 20%	Enterprise, SaaS, Key Account Sales
Secretarial & Business Support	4 to 6%	up to 10%	Senior Executive Assistants and Operations Coordinators
Sustainability & ESG	7 to 10%	up to 15%	Reporting, Decarbonisation and Sustainable Finance
Technology	6 to 10%	up to 18%	AI, Cloud Engineering, and Cybersecurity

Source: Michael Page Salary Guide 2026

As you can see in most areas, the increments start at around what other sources estimated at 3 to 4%. But they vary between industries and specific roles.

Professionals employed in higher demand roles can expect a double-digit raise this year in nearly all cases, from around 10% to as high as 25% in Healthcare & Life Sciences, where high demand and shortage of expertise in critical areas force employers to offer competitive packages to both potential new hires as well as invaluable existing ones.

Skills in demand

The report also lists the Top 5 skills currently in demand in each sector, and even though it doesn’t attach a monetary value or a percentage to any of them, it’s an indication that if it’s something you’re good at, you’re likely to be able to ask for more money than the rest:

SectorSkills in demand

Accounting & Finance	1. Financial planning & data analytics
	2. ERP & BI tool proficiency
	3. ESG & sustainability reporting
	4. Risk assessment & regulatory compliance
	5. Commercial acumen & stakeholder management

Banking & Financial Services	1. Regulatory & risk management
	2. ESG & sustainable finance knowledge
	3. Data governance & analytics
	4. Client relationship management
	5. Digital transformationleadership

Digital	1. Paid media optimisation & attribution
	2. Martech & CRM platform expertise
	3. Data analytics & customer insight generation
	4. Conversion rate optimisation
	5. Content strategy & storytelling

Engineering & Manufacturing	1. Automation & robotics integration
	2. Lean Six Sigma & process optimisation
	3. Data-driven problem-solving & analytics
	4. Regulatory & quality compliance (ISO, GMP)
	5. Project management & cross-functional leadership

Healthcare & Life Sciences	1. Regulatory strategy & compliance
	2. Clinical trial management
	3. Market access & reimbursement expertise
	4. Data interpretation & medical communication
	5. Stakeholder / KOL engagement

Human Resources (HR)	1. Workforce analytics & planning
	2. Compensation & benefits strategy
	3. Organisational development & change management
	4. Employee engagement & wellbeing
	5. HR digital transformation

Legal	1. Regulatory & risk advisory
	2. Contract negotiation & stakeholder management
	3. Data privacy & cybersecurity knowledge
	4. ESG regulatoryinterpretation
	5. Cross-jurisdictional legal experience

Marketing	1. Brand storytelling & positioning
	2. Data analytics & customer insight generation
	3. Category management
	4. Account-based marketing
	5. Cross-functional stakeholder management

Procurement & Supply Chain	1. Supplier risk management & optimisation
	2. Strategic negotiation
	3. Stakeholder management & influence
	4. Digital procurement / planning & automation tools (SAP Ariba, Coupa, o9, Blue Yonder)
	5. ESG & sustainable sourcing

Sales	1. Consultative & solution-based selling
	2. Go-to-market strategy & pipeline management
	3. Strategic account planning
	4. Negotiation & stakeholder influence
	5. Market mapping & lead generation

Secretarial & Business Support	1. Calendar & stakeholder management
	2. Digital collaboration & scheduling tools
	3. Communication & professional discretion
	4. Event & project coordination
	5. Multitasking & adaptability

Sustainability & ESG	1. ESG disclosure & reporting
	2. Carbon accounting & reduction strategy
	3. Stakeholder & regulatory engagement
	4. Impact measurement & data analytics
	5. Programme management & change leadership

Technology	1. AI & machine learning implementation
	2. Cloud infrastructure (AWS, Azure, GCP)
	3. Cybersecurity & threat management
	4. Data governance & analytics
	5. DevOps & automation frameworks

Source: Michael Page Salary Guide 2026

What you can see is how technology has begun creeping into every field—even those seemingly less technical. If you’re not required to know a specific tool or programming language, then you at least have to be competent in data analytics (which usually forces you to become even more technical with time).

AI may seem to be threatening human jobs, but as it stands, those humans who know how to use machines are still in the highest demand.

Read more stories we’ve written on the latest job trends here.

Featured Image Credit: dolphfynlow/ depositphotos