IT and accounting among highest paying sectors in 2016

IT and accounting among highest paying sectors in 2016

SINGAPORE - The highest paying jobs in 2016 are in information technology (IT); accounting; sales and marketing; banking and finance; and healthcare and life sciences, recruitment company Kelly Services announced in a new salary report in April.

1. IT

Infocomm services companies for its robust intellectual property protection regime. The Republic also ranks as the second most network-ready country in the world and the first in Asia. Web Developers can expect to take home around $3,500 to $5,500 while technology heads can earn up to $24,000.

2. Accounting

Growth is on the cards for the accounting sector, with plans to develop Singapore into a leading global accountacy hub the Asia Pacific. Hiring outlook also remains positive. An accounts executive can earn around $3,500 while chief financial officers and finance directors can take home up to $20,000.

3. Sales and marketing

Content marketing is expected to grow by five to 10 per cent this year, with marketers expected to increase digital marketing to 35 per cent of their total budget by 2026. A 3D animator can earn between $3,500 and $5,000 while general managers in SMEs can take home up to $18,000.

4. Banking and finance

According to Kelly Services, growth in the banking industry is expected to be low this year due to slower growth in China offset by a recovering US economy. The industry also enjoys strong support with the Monetary Authority of Singapore committing $225 million to grow financial technology (FinTech) in the finance sector. Analysts across the industry can earn around $5,000 while vice presidents managing risk and compliance divisions can earn up to $17,000.

5. Healthcare and life sciences

With Singapore as key home base to over 30 of the world's leading biomedical sciences companies, there is a high demand for skills but a shortage of talent. The growing sector has one of the highest paying salaries, with a minimum of $2,500 for an Assistant Chemist to a maximum of $15,000 for an R&D Director.

If you're looking for a career switch, according to the salary guide, these are Singapore's hottest jobs in 2016:

1. Accounts Manager: $5,000 - $7,500

2. Compliance Manager: $8,000 - $10,000

3. Services Engineer: $5,000 - $8,300

4. Scientific and Regulatory Affairs Specialist: $4,000 - $12,000

5. Human Resource Generalist: $3,500 - $5,000

6. Payroll Executive: $2,800 - $4,000

7. FinTech Developer: $7,500 - $12,000

8. Big Data Developer: $7,200 - $10,500

9. Legal Secretary: $4,000 - $8,000

10. Digital Marketing Manager: $6,000 - $10,000

debwong@sph.com.sg

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