The Only Salary Guide Singapore-Based Software Engineers Need

|

Ikigai is a Japanese word that describes the feeling of having a perfect job. It’s that sweet spot where your passions and talents intersect with things the world needs and is willing to pay for.  

Finding work you love is tough. But if you’re a software engineer, you probably don’t have to worry about the latter half of the ikigai equation. That’s because software engineers have become one of the most sought-after talents in Singapore. 

More American, Chinese and homegrown tech firms are setting up shop here. With more headcounts than talent to fill them, demand has shot up for technical roles. If you remember your Economics 101, higher demand = higher salaries to attract these talents. And higher salaries = zero hesitation before splashing $8 for a cold brew at a swanky cafe. 

In this article, we uncover the best places to work at if you’re a software engineer. We compiled a list of 15 companies and looked at the compensation they offered across four levels of seniority: junior, mid-level, senior and lead. 

Salary Guide for Software Engineers

Whether you’re a fresh graduate, looking to switch up your career, or move up in seniority, you’ll find companies offering some of the most competitive packages. That said, salary should not be your sole consideration. 

Also take into account intangibles such as the company’s culture, the team you’ll be working with and non-monetary benefits. But for the purpose of this article, we will just focus on what we can quantify. With that said, let’s look at the industry standard to set a baseline. 

We will be comparing their median base salary with that from our Tech Salary Report 2023 we released earlier this year.

Base Salary for Software Engineers Working in Grab

About Grab: Grab is Southeast Asia's leading super app - providing transportation, logistics and financial services.

Interested to join Grab? Check out this interview guide we compiled for Grab's software engineering interviews!

See jobs and careers at Grab  | See more salaries and insights at Grab 

Base Salary for Software Engineers Working in Shopee

About Shopee: Shopee is the leading e-commerce platform in Southeast Asia and Taiwan.

Interested to join Shopee? Check out this interview guide we compiled for Shopee's software engineering interviews!

See jobs and careers at Shopee | See more salaries and insights at Shopee

Base Salary for Software Engineers Working in ByteDance

About ByteDance: ByteDance is a technology company operating a range of content platforms that inform, educate, entertain and inspire people across languages, cultures, and geographies.

Interested to join ByteDance? Check out this interview guide we compiled for ByteDance's software engineering interviews!

See jobs and careers at ByteDance | See more salaries and insights at ByteDance 

Base Salary for Software Engineers Working in Google

About Google: Google’s mission is to organize the world‘s information and make it universally accessible and useful. 

See jobs and careers at Google | See more salaries and insights at Google 

Base Salary for Software Engineers Working in Meta

About Meta: Meta (formerly the Facebook company) builds technologies that help people connect, find communities and grow businesses. 

While Meta pays a lot higher than the market rate, earlier this year, they conducted a few rounds of layoffs.

See jobs and careers at Meta | See more salaries and insights at Meta 

Base Salary for Software Engineers Working in foodpanda

About foodpanda: A subsidiary of Delivery Hero, foodpanda launched in Singapore in 2014 as a food delivery platform.

While foodpanda pays a lot higher than the market rate, similar to Meta, they conducted a round of layoff earlier this year.

See jobs and careers at foodpanda | See more salaries and insights at foodpanda 

Base Salary for Software Engineers Working in ShopBack

About ShopBack: The ShopBack Group is Asia-Pacific’s leading shopping, rewards, and payments platform, serving over 38 million shoppers across ten markets.

Rising fast in popularity, ShopBack is one of the top fintech companies to work for in 2023.

See jobs and careers at ShopBack | See more salaries and insights at ShopBack 

Base Salary for Software Engineers Working in GovTech

About GovTech: GovTech is responsible for the delivery of the Singapore government's digital services to the public.

GovTech is a popular choice amongst interns and fresh graduates with their TAP programme.

See jobs and careers at GovTech | See more salaries and insights at GovTech 

Base Salary for Software Engineers Working in NCS Group

About NCS Group: NCS is a leading information, communications and technology (ICT) service provider headquartered in Singapore. We help governments and enterprises in Asia Pacific change to better serve the communities.

See jobs and careers at NCS Group | See more salaries and insights at NCS Group 

Base Salary for Software Engineers Working in JPMorgan Chase & Co.

About JPMorgan Chase & Co.: For over 200 years, JPMorgan Chase & Co has provided innovative financial solutions for consumers, small businesses, corporations, governments and institutions around the world.

See jobs and careers at JPMorgan Chase & Co.  | See more salaries and insights at JPMorgan Chase & Co.

Base Salary for Software Engineers Working in DBS Bank

About DBS: DBS, a leading financial services group headquartered in Singapore, operates across 18 markets.

Interested to join DBS Bank as a fresh graduate? Check out our guide on ace-ing the DBS SEEDer application process!

See jobs and careers at DBS | See more salaries and insights at DBS

Base Salary for Software Engineers Working in Goldman Sachs

About Goldman Sachs: At Goldman Sachs, we believe progress is everyone’s business. That’s why we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow.

See jobs and careers at Goldman Sachs | See more salaries and insights at Goldman Sachs

Base Salary for Software Engineers Working in Credit Suisse

About Credit Suisse: Credit Suisse Group is a leading financial services company, advising clients in all aspects of finance, across the globe and around the clock,

See jobs and careers at Credit Suisse | See more salaries and insights at Credit Suisse

Base Salary for Software Engineers Working in PayPal

About PayPal: PayPal is an online payment platform that facilitates payments between individuals and businesses.

See jobs and careers at PayPal | See more salaries and insights at PayPal

Base Salary for Software Engineers Working in Visa

About Visa: Visa Inc (Visa) is a global digital payment technology company that serves individual and commercial clients, financial institutions, government entities, and merchants.

See jobs and careers at PayPal | See more salaries and insights at Visa

Base Salary for Software Engineers Working in Indeed

About Indeed: Indeed is an American worldwide employment website for job listings launched in November 2004. It is a subsidiary of Japan's Recruit Co.

Earlier this year, Indeed.com underwent a major layoff as more than 90% of the Singapore's workforce was axed | See more salaries and insights at Indeed

Disclaimer: Data Source and Accuracy

Source

  • All data presented in this article are acquired from NodeFlair Salaries
  • NodeFlair Salaries primary collects data from 2 main sources - User Submissions and job listings (e.g. MyCareersFuture)

Accuracy of User Submitted data

Screenshot from NodeFlair Salaries
  • All user-submitted salaries are authenticated by ensuring users provide supporting documents to proof their employment and salary data
  • It also allows a more granular breakdown of the submission: Fixed Bonus, Variable Bonus, Stocks, Vesting period, Years of experience of the employee, and the date of submission
  • Some entires may have a "✔" beside, which indicates that the data is further supported by an Offer Letter or Payslip
  • This is a stark contrast from Glassdoor, where non-legitimate "employees" can submit their data which still gets listed on the site with no tight verification process

Accuracy of MyCareersFuture's data

Screenshot from NodeFlair Salaries
  • Job listings are from MyCareersFuture, a Singapore Government website
  • NodeFlair picks up the salary range of every listing, which is a compulsory field on the site
  • While the data does offer some gauge of the market, it does NOT guarantee that your offered package will fall within the range
  • Some of the data ranges may be too wide to provide any useful insight
  • For this article, where there is insufficient user submitted data, we will take an average of the salary range from MyCareersFuture

Low-balled on salary during offer?

Join the smarter way. Discover upfront real salary data backed by payslips and offer letters.

Join the growing community of 8,000+ tech talents who have already submitted their salary data. Put an end to salary opaqueness here in Singapore!

Follow us on Telegram (@nodeflairsg) for the latest Tech Insight, Reads, Salaries & Job Opportunities!

Related Articles