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Software Development Manager Average Salary in Singapore 2024

How much money does a person working as Software Development Manager make in Singapore?


Average Monthly Salary
10,600 SGD
( 127,000 SGD yearly)

LOW
4,980
SGD
AVERAGE
10,600
SGD
HIGH
16,800
SGD
All salary figures displayed here are per month except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working as Software Development Manager in Singapore typically earns around 10,600 SGD. Salaries range from 4,980 SGD (lowest) to 16,800 SGD (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Software Development Manager salaries in Singapore vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.



Software Development Manager Pay Scale and Salaries in Singapore

Median and salary distribution Singapore Software Development Manager monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
9,980 SGD or more
10% of people earn
8,770 to 9,980 SGD
20% of people earn
6,100 SGD or less
65% of people earn
6,100 to 8,770 SGD
Minimum Salary
4,980 SGD
Median
10,100 SGD
Maximum
16,800 SGD




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per month except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Software Development Manager in Singapore range from 4,980 SGD (starting salary) to 16,800 SGD (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.

  • Median Salary

    With a median salary of 10,100 SGD, half of the professionals who work as Software Development Manager in Singapore earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.

  • Percentiles and Salary Scale

    The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Software Development Manager in Singapore earn less than 8,140 SGD, while 75% earn more. Similarly, the chart shows that 75% earn less than 11,600 SGD while 25% earn more.

  • Pay Scale Structure

    To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Software Development Manager in Singapore compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 6,100 SGD to 8,770 SGD. About 20% of salaries are below the 6,100 SGD mark, while 10% fall within the range of 8,770 SGD to 9,980 SGD. Only 5% of individuals have salaries exceeding 9,980 SGD.

Salary Comparison by Years of Experience / Software Development Manager / Singapore

How do experience and age affect pay?

0 - 2 Years
5,750 SGD
2 - 5 Years+38%
7,930 SGD
5 - 10 Years+42%
11,300 SGD
10 - 15 Years+22%
13,800 SGD
15 - 20 Years+6%
14,500 SGD
20+ Years+9%
15,800 SGD
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Singapore Software Development Manager
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The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Software Development Manager and this is what we found.


All salary figures displayed here are per month except when noted otherwise.

Employees with less than two years of experience earn approximately 5,750 SGD.

While someone with an experience level between two and five years is expected to earn 7,930 SGD, 38% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 11,300 SGD, 42% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 13,800 SGD, 22% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 14,500 SGD, 6% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 15,800 SGD, 9% more than people with fifteen to twenty years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Salary Comparison By Education / Software Development Manager / Singapore

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Software Development Manager.

Certificate or Diploma
6,870 SGD
Bachelor's Degree+58%
10,900 SGD
Master's Degree+39%
15,100 SGD
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Singapore Software Development Manager
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We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Software Development Manager in order to make a comparison.


Level 1: Certificate or Diploma

Employees at this education level have an average salary of 6,870 SGD.


Level 2: Bachelor's Degree

At this level, the average salary becomes 10,900 SGD, 58% more than the previous level.


Level 3: Master's Degree

At this level, the average salary becomes 15,100 SGD, 39% more than the previous level.



Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in Singapore costs anywhere from 42,400 SGD to 127,000 SGD and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Salary and Compensation Comparison By Gender / Software Development Manager / Singapore

Salary comparison by gender Singapore Software Development Manager monthly
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Software Development Manager in Singapore, the average difference between the salary of male and female employees is 6%.

Male
10,900 SGD
Female-5%
10,300 SGD
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Singapore for all Careers

Salary comparison by gender monthly Singapore
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Average Annual Salary Increment Percentage / Software Development Manager / Singapore

How much are annual salary increments in Singapore for individuals working as Software Development Manager? How often do employees get salary raises?

Individuals working as Software Development Manager in Singapore are likely to observe a salary increase of approximately 12% every 17 months. The national average annual increment for all professions combined is 9% granted to employees every 15 months.

Annual Salary Increment Rate Singapore Software Development Manager
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Singapore / All Professions

Annual Salary Increment Rate Singapore
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The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency

The average salary increase in one year (12 months) in Singapore is 7%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.



Bonus and Incentive Rates / Software Development Manager / Singapore

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Singapore Software Development Manager
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40% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 60% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 2% to 7% of their annual salary.

Received Bonus
60%
No Bonus
40%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus, where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Average Hourly Wage / Software Development Manager / Singapore


61 SGD per hour

The average hourly wage (pay per hour) for individuals working as Software Development Manager in Singapore is 61 SGD.This is the rate they get paid for every worked hour.


Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

About The Hourly Pay Rate

The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working as Software Development Manager in Singapore is 29 SGD. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary comparison with similar jobs

Job TitleAverage Salary
Information Technology-100%
ABAP Developer6,720 SGD-37%
Android Developer7,400 SGD-30%
Angular Developer6,730 SGD-37%
Angular JS Programmer7,070 SGD-33%
Application Developer7,980 SGD-25%
AS400 Programmer8,000 SGD-25%
Assembly Developer7,990 SGD-25%
Avaloq Developer7,290 SGD-31%
Back End Developer7,770 SGD-27%
BizTalk Developer 8,320 SGD-22%
Build and Release Engineer7,010 SGD-34%
Business Intelligence Developer8,590 SGD-19%
Business Objects Developer7,530 SGD-29%
C Developer9,180 SGD-13%
C# Developer8,570 SGD-19%
C++ Developer8,600 SGD-19%
Chatbot Developer7,020 SGD-34%
Clojure Developer9,250 SGD-13%
CMS Developer6,420 SGD-39%
Computer Programmer7,670 SGD-28%
Curam Developer6,320 SGD-40%
Dart Developer5,640 SGD-47%
Delphi Developer8,580 SGD-19%
Developer / Programmer7,950 SGD-25%
Developer Evangelist8,010 SGD-24%
DevOps Engineer7,920 SGD-25%
Django Specialist7,500 SGD-29%
Driver Developer7,880 SGD-26%
Elixir Developer10,200 SGD-4%
Embedded Software Developer7,770 SGD-27%
Erlang Developer9,480 SGD-11%
Flash Developer6,800 SGD-36%
Front End Developer6,540 SGD-38%
Front End Web Developer6,360 SGD-40%
Full Stack Developer7,630 SGD-28%
Game Developer7,380 SGD-30%
GIS Developer7,440 SGD-30%
Go Developer10,100 SGD-5%
Graphical User Interface ( GUI ) Programmer6,880 SGD-35%
Graphics Programmer6,500 SGD-39%
Groovy Developer8,620 SGD-19%
Haskell Developer8,100 SGD-24%
Imaging Programmer6,850 SGD-35%
Information Systems Developer7,170 SGD-32%
IOS Developer8,730 SGD-18%
Java Developer8,430 SGD-21%
Javascript Developer7,490 SGD-29%
jQuery Specialist7,920 SGD-25%
Kotlin Developer9,060 SGD-15%
Laravel Specialist7,430 SGD-30%
Lead Developer9,100 SGD-14%
Lisp Developer10,100 SGD-5%
Lua Developer8,760 SGD-17%
MATLAB Developer8,580 SGD-19%
Mobile Developer7,520 SGD-29%
Multimedia Developer6,800 SGD-36%
NextJs Specialist7,350 SGD-31%
Nodejs Developer8,120 SGD-23%
Objective-C Developer8,730 SGD-18%
Oracle Developer8,450 SGD-20%
Perl Developer6,570 SGD-38%
PHP Developer6,840 SGD-35%
PowerShell Developer7,310 SGD-31%
Python Developer7,830 SGD-26%
R Language Developer8,960 SGD-16%
React Specialist8,500 SGD-20%
Remedy Developer6,120 SGD-42%
Robotic Process Automation Developer6,340 SGD-40%
Ruby Developer6,850 SGD-35%
Rust Developer9,130 SGD-14%
Salesforce Developer6,050 SGD-43%
SAS Programmer6,860 SGD-35%
Scala Developer9,560 SGD-10%
Sharepoint Developer7,990 SGD-25%
Software Developer7,480 SGD-29%
Software Development Manager10,600 SGD-0%
Software QA Engineer7,350 SGD-31%
Software Test Engineer6,910 SGD-35%
Swift Developer8,790 SGD-17%
Teradata Developer6,470 SGD-39%
TIBCO Developer6,910 SGD-35%
TypeScript Developer8,570 SGD-19%
UI Engineer7,680 SGD-28%
User Experience Designer6,930 SGD-35%
VB Developer5,930 SGD-44%
VB.NET Developer7,790 SGD-27%
Visual Basic Developer5,880 SGD-45%
VueJs Specialist7,950 SGD-25%
WordPress Specialist7,830 SGD-26%
Zig Developer10,200 SGD-4%

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Singapore is 5% on average across all career fields.

Private Sector
8,300 SGD
Public Sector+5%
8,700 SGD
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Software Development Manager in Singapore?

A good and competitive compensation would range anywhere between 10,100 SGD and 11,600 SGD. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for a careers like Software Development Manager in Singapore ranges from 4,980 SGD to 8,140 SGD. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary


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