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Blockchain Developer Average Salary in Singapore 2024

How much money does a person working as Blockchain Developer make in Singapore?

Average Monthly Salary
6,900 SGD
( 82,800 SGD yearly)

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 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

Median and salary distribution Singapore Blockchain Developer monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
6,150 SGD or more
10% of people earn
5,500 to 6,150 SGD
20% of people earn
4,090 SGD or less
65% of people earn
4,090 to 5,500 SGD
Minimum Salary
3,730 SGD
6,170 SGD
10,400 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 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
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Singapore Blockchain Developer
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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 Blockchain Developer 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 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.

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 / 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
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Singapore Blockchain Developer
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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 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 Comparison By Education Level
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Salary and Compensation Comparison By Gender / Blockchain Developer / Singapore

Salary comparison by gender Singapore Blockchain Developer 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 Blockchain Developer in Singapore, the average difference between the salary of male and female employees is 5%.

7,060 SGD
6,720 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 / 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.

Annual Salary Increment Rate Singapore Blockchain Developer
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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 / Blockchain Developer / Singapore

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Singapore Blockchain Developer
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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
No Bonus

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.

A graphics designer working for a graphics designing company.

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 / Blockchain Developer / Singapore

40 SGD per hour

The 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.

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 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 TitleAverage Salary
Information Technology-100%
A/B Testing Specialist6,490 SGD-6%
Applications System Specialist6,580 SGD-5%
Artificial Intelligence / Machine Learning Analyst8,950 SGD+30%
Artificial Intelligence / Machine Learning Developer8,480 SGD+23%
Artificial Intelligence / Machine Learning Ethics Officer10,100 SGD+46%
Artificial Intelligence / Machine Learning Governance Specialist11,100 SGD+61%
Artificial Intelligence / Machine Learning Implementation Officer11,200 SGD+62%
Artificial Intelligence / Machine Learning Lead11,700 SGD+70%
Artificial Intelligence / Machine Learning Officer11,400 SGD+65%
Artificial Intelligence / Machine Learning Prompt Specialist7,560 SGD+10%
Artificial Intelligence / Machine Learning Research Scientist10,600 SGD+54%
Artificial Intelligence / Machine Learning Sales8,710 SGD+26%
Artificial Intelligence / Machine Learning Software Engineer8,610 SGD+25%
Artificial Intelligence / Machine Learning Strategist11,500 SGD+67%
Artificial Intelligence / Machine Learning Trainer8,240 SGD+19%
Artificial Intelligence and Machine Learning Specialist9,020 SGD+31%
Artificial Intelligence Developer8,980 SGD+30%
Blockchain Associate7,410 SGD+7%
Blockchain Developer6,900 SGD+0%
Blockchain Engineer7,740 SGD+12%
ChatGPT Expert6,710 SGD-3%
Computer Animator6,550 SGD-5%
Computer Engineer6,450 SGD-6%
Computer Hardware Engineer6,420 SGD-7%
Computer Operator5,090 SGD-26%
Computer Support Specialist6,370 SGD-8%
Computer Technician5,830 SGD-15%
Copy Editor6,190 SGD-10%
Data Center Specialist7,550 SGD+9%
Data Center Technician6,610 SGD-4%
Data Visualization Specialist7,340 SGD+6%
Deep Learning Developer7,960 SGD+15%
Digital Ethics Consultant8,390 SGD+22%
Documentation Specialist7,120 SGD+3%
Ethical Hacker6,800 SGD-1%
GIS Analyst6,970 SGD+1%
Global BI Analyst8,200 SGD+19%
Hardware Design Engineer7,650 SGD+11%
Hardware Technician6,090 SGD-12%
Help Desk Analyst7,580 SGD+10%
Informatics Optimization Specialist7,770 SGD+13%
Information Assurance Analyst7,810 SGD+13%
Information Technology Infrastructure Engineer6,850 SGD-1%
Information Technology Quality Specialist8,110 SGD+18%
Information Technology Trainer8,130 SGD+18%
Interface Designer6,580 SGD-5%
Microsystems Engineer7,390 SGD+7%
Mobile Interface Designer7,460 SGD+8%
Neural Network Engineer8,820 SGD+28%
Numerical Control Programmer6,170 SGD-11%
Records Manager6,450 SGD-6%
Robotic Process Automation Compliance Analyst7,380 SGD+7%
Scrum Master6,550 SGD-5%
Software Sales7,250 SGD+5%
Software Specialist6,910 SGD+0%
Software Tester6,310 SGD-9%
Storage Engineer6,170 SGD-11%
Systems Engineer6,170 SGD-11%
Systems Integrator7,410 SGD+7%
Technical Sales7,740 SGD+12%
Technical Trainer8,120 SGD+18%
Technical Writer7,060 SGD+2%
Tester6,630 SGD-4%
Usability Engineer7,520 SGD+9%
User Experience Consultant8,190 SGD+19%
User Experience Design Expert8,190 SGD+19%
User Experience Researcher8,220 SGD+19%
User Interface Designer7,430 SGD+8%
Video Game Designer6,620 SGD-4%
Virtual / Augmented Reality Architect9,480 SGD+37%
Virtual / Augmented Reality Compliance Specialist9,200 SGD+33%
Virtual / Augmented Reality Consultant10,400 SGD+51%
Virtual / Augmented Reality Designer10,000 SGD+45%
Virtual / Augmented Reality Developer8,820 SGD+28%
Virtual / Augmented Reality Engineer8,860 SGD+28%
Virtual / Augmented Reality Filmmaker10,600 SGD+54%
Virtual / Augmented Reality Game Developer8,940 SGD+30%
Virtual / Augmented Reality Marketing Specialist9,480 SGD+37%
Virtual / Augmented Reality Officer11,400 SGD+65%
Virtual / Augmented reality Sales Consultant11,400 SGD+65%
Virtual / Augmented Reality Simulator Operator7,890 SGD+14%
Virtual / Augmented Reality Specialist9,640 SGD+40%
Virtual / Augmented Reality Technician8,200 SGD+19%
Virtual / Augmented Reality Trainer10,600 SGD+54%
Virtual / Augmented Reality User Experience Designer8,130 SGD+18%
Visual Information Specialist6,930 SGD+0%
Voice Interface Designer5,940 SGD-14%
Writer and Documentor6,880 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
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 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

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