Blockchain Developer Average Salary in Singapore 2024
How much money does a person working as Blockchain Developer make in Singapore?
LOW
3,730
SGD AVERAGE
6,900
SGD HIGH
10,400
SGD
A person working as Blockchain Developer in Singapore typically earns around 6,900 SGD. Salaries range from 3,730 SGD (lowest) to 10,400 SGD (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Blockchain Developer salaries in Singapore vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Blockchain Developer Pay Scale and Salaries in Singapore
Salary Structure and Pay Scale Comparison
6,150 SGD or more
5,500 to 6,150 SGD
4,090 SGD or less
4,090 to 5,500 SGD
 3,730 SGD |
6,170 SGD |
10,400 SGD |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Blockchain Developer in Singapore range from 3,730 SGD (starting salary) to 10,400 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 6,170 SGD, half of the professionals who work as Blockchain Developer 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 Blockchain Developer in Singapore earn less than 5,160 SGD, while 75% earn more. Similarly, the chart shows that 75% earn less than 6,960 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 Blockchain Developer in Singapore compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 4,090 SGD to 5,500 SGD. About 20% of salaries are below the 4,090 SGD mark, while 10% fall within the range of 5,500 SGD to 6,150 SGD. Only 5% of individuals have salaries exceeding 6,150 SGD.
Salary Comparison by Years of Experience / Blockchain Developer / Singapore
How do experience and age affect pay?
| 0 - 2 Years | 4,330 SGD | |
| 2 - 5 Years | +26% | 5,470 SGD |
| 5 - 10 Years | +32% | 7,200 SGD |
| 10 - 15 Years | +18% | 8,480 SGD |
| 15 - 20 Years | +11% | 9,380 SGD |
| 20+ Years | +6% | 9,980 SGD |
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 Blockchain Developer and this is what we found.
Employees with less than two years of experience earn approximately 4,330 SGD.
While someone with an experience level between two and five years is expected to earn 5,470 SGD, 26% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 7,200 SGD, 32% 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 8,480 SGD, 18% 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 9,380 SGD, 11% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 9,980 SGD, 6% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Blockchain Developer / Singapore
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Blockchain Developer.
| Certificate or Diploma | 5,470 SGD | |
| Bachelor's Degree | +32% | 7,200 SGD |
| Master's Degree | +37% | 9,880 SGD |
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 Blockchain Developer in order to make a comparison.
Level 1: Certificate or Diploma
Employees at this education level have an average salary of 5,470 SGD.
Level 2: Bachelor's Degree
At this level, the average salary becomes 7,200 SGD, 32% more than the previous level.
Level 3: Master's Degree
At this level, the average salary becomes 9,880 SGD, 37% 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 and Compensation Comparison By Gender / Blockchain Developer / Singapore
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 Blockchain Developer in Singapore, the average difference between the salary of male and female employees is 5%.
| Male | 7,060 SGD | |
| Female | -5% | 6,720 SGD |
Salary Comparison By Gender in Singapore for all Careers
Average Annual Salary Increment Percentage / Blockchain Developer / Singapore
How much are annual salary increments in Singapore for individuals working as Blockchain Developer? How often do employees get salary raises?
Individuals working as Blockchain Developer in Singapore are likely to observe a salary increase of approximately 11% every 16 months. The national average annual increment for all professions combined is 9% granted to employees every 15 months.
Singapore / All Professions
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
Worldwide Salary Raises: All Countries and All Jobs
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 / Blockchain Developer / Singapore
How much and how often are bonuses being awarded?
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48% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 52% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 4% to 5% of their annual salary.
| Received Bonus | 52% | |
| No Bonus | 48% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, 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 BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese 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 Generators | Supporting 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: | Example: |
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.
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 / Blockchain Developer / Singapore
40 SGD per hourThe average hourly wage (pay per hour) for individuals working as Blockchain Developer in Singapore is 40 SGD.This is the rate they get paid for every worked hour.
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 Blockchain Developer in Singapore is 21 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 Title | Average Salary |
| Information Technology |  -100% | |
| A/B Testing Specialist | 6,490 SGD | -6% |
| Applications System Specialist | 6,580 SGD | -5% |
| Artificial Intelligence / Machine Learning Analyst | 8,950 SGD |  +30% |
| Artificial Intelligence / Machine Learning Developer | 8,480 SGD | +23% |
| Artificial Intelligence / Machine Learning Ethics Officer | 10,100 SGD | +46% |
| Artificial Intelligence / Machine Learning Governance Specialist | 11,100 SGD | +61% |
| Artificial Intelligence / Machine Learning Implementation Officer | 11,200 SGD | +62% |
| Artificial Intelligence / Machine Learning Lead | 11,700 SGD | +70% |
| Artificial Intelligence / Machine Learning Officer | 11,400 SGD | +65% |
| Artificial Intelligence / Machine Learning Prompt Specialist | 7,560 SGD | +10% |
| Artificial Intelligence / Machine Learning Research Scientist | 10,600 SGD | +54% |
| Artificial Intelligence / Machine Learning Sales | 8,710 SGD | +26% |
| Artificial Intelligence / Machine Learning Software Engineer | 8,610 SGD | +25% |
| Artificial Intelligence / Machine Learning Strategist | 11,500 SGD | +67% |
| Artificial Intelligence / Machine Learning Trainer | 8,240 SGD | +19% |
| Artificial Intelligence and Machine Learning Specialist | 9,020 SGD | +31% |
| Artificial Intelligence Developer | 8,980 SGD | +30% |
| Blockchain Associate | 7,410 SGD | +7% |
| Blockchain Developer | 6,900 SGD | +0% |
| Blockchain Engineer | 7,740 SGD | +12% |
| ChatGPT Expert | 6,710 SGD | -3% |
| Computer Animator | 6,550 SGD | -5% |
| Computer Engineer | 6,450 SGD | -6% |
| Computer Hardware Engineer | 6,420 SGD | -7% |
| Computer Operator | 5,090 SGD | -26% |
| Computer Support Specialist | 6,370 SGD | -8% |
| Computer Technician | 5,830 SGD | -15% |
| Copy Editor | 6,190 SGD | -10% |
| Data Center Specialist | 7,550 SGD | +9% |
| Data Center Technician | 6,610 SGD | -4% |
| Data Visualization Specialist | 7,340 SGD | +6% |
| Deep Learning Developer | 7,960 SGD | +15% |
| Digital Ethics Consultant | 8,390 SGD | +22% |
| Documentation Specialist | 7,120 SGD | +3% |
| Ethical Hacker | 6,800 SGD | -1% |
| GIS Analyst | 6,970 SGD | +1% |
| Global BI Analyst | 8,200 SGD | +19% |
| Hardware Design Engineer | 7,650 SGD | +11% |
| Hardware Technician | 6,090 SGD | -12% |
| Help Desk Analyst | 7,580 SGD | +10% |
| Informatics Optimization Specialist | 7,770 SGD | +13% |
| Information Assurance Analyst | 7,810 SGD | +13% |
| Information Technology Infrastructure Engineer | 6,850 SGD | -1% |
| Information Technology Quality Specialist | 8,110 SGD | +18% |
| Information Technology Trainer | 8,130 SGD | +18% |
| Interface Designer | 6,580 SGD | -5% |
| Microsystems Engineer | 7,390 SGD | +7% |
| Mobile Interface Designer | 7,460 SGD | +8% |
| Neural Network Engineer | 8,820 SGD | +28% |
| Numerical Control Programmer | 6,170 SGD | -11% |
| Records Manager | 6,450 SGD | -6% |
| Robotic Process Automation Compliance Analyst | 7,380 SGD | +7% |
| Scrum Master | 6,550 SGD | -5% |
| Software Sales | 7,250 SGD | +5% |
| Software Specialist | 6,910 SGD | +0% |
| Software Tester | 6,310 SGD | -9% |
| Storage Engineer | 6,170 SGD | -11% |
| Systems Engineer | 6,170 SGD | -11% |
| Systems Integrator | 7,410 SGD | +7% |
| Technical Sales | 7,740 SGD | +12% |
| Technical Trainer | 8,120 SGD | +18% |
| Technical Writer | 7,060 SGD | +2% |
| Tester | 6,630 SGD | -4% |
| Usability Engineer | 7,520 SGD | +9% |
| User Experience Consultant | 8,190 SGD | +19% |
| User Experience Design Expert | 8,190 SGD | +19% |
| User Experience Researcher | 8,220 SGD | +19% |
| User Interface Designer | 7,430 SGD | +8% |
| Video Game Designer | 6,620 SGD | -4% |
| Virtual / Augmented Reality Architect | 9,480 SGD | +37% |
| Virtual / Augmented Reality Compliance Specialist | 9,200 SGD | +33% |
| Virtual / Augmented Reality Consultant | 10,400 SGD | +51% |
| Virtual / Augmented Reality Designer | 10,000 SGD | +45% |
| Virtual / Augmented Reality Developer | 8,820 SGD | +28% |
| Virtual / Augmented Reality Engineer | 8,860 SGD | +28% |
| Virtual / Augmented Reality Filmmaker | 10,600 SGD | +54% |
| Virtual / Augmented Reality Game Developer | 8,940 SGD | +30% |
| Virtual / Augmented Reality Marketing Specialist | 9,480 SGD | +37% |
| Virtual / Augmented Reality Officer | 11,400 SGD | +65% |
| Virtual / Augmented reality Sales Consultant | 11,400 SGD | +65% |
| Virtual / Augmented Reality Simulator Operator | 7,890 SGD | +14% |
| Virtual / Augmented Reality Specialist | 9,640 SGD | +40% |
| Virtual / Augmented Reality Technician | 8,200 SGD | +19% |
| Virtual / Augmented Reality Trainer | 10,600 SGD | +54% |
| Virtual / Augmented Reality User Experience Designer | 8,130 SGD | +18% |
| Visual Information Specialist | 6,930 SGD | +0% |
| Voice Interface Designer | 5,940 SGD | -14% |
| Writer and Documentor | 6,880 SGD | -0% |
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 |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Blockchain Developer in Singapore?
A good and competitive compensation would range anywhere between 6,170 SGD and 6,960 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 Blockchain Developer in Singapore ranges from 3,730 SGD to 5,160 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
