How much does a Senior Economist make in Singapore? The average Senior Economist salary in Singapore is S$164,549 as of March 23, 2021, but the range typically falls between S$130,635 and S$205,012. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more global market data that allows you to price your jobs around the world and compare job salaries across countries and cities on real-time compensation data, Salary.com helps you to determine your exact pay target.
Singapore (/ˈsɪŋ(ɡ)əpɔːr/ (About this soundlisten)), officially the Republic of Singapore, is a sovereign island city-state in maritime Southeast Asia. It lies about one degree of latitude (137 kilometres or 85 miles) north of the equator, off the southern tip of the Malay Peninsula, bordering the Straits of Malacca to the west, the Riau Islands (Indonesia) to the south, and the South China Sea to the east. The country's territory is composed of one main island, 63 satellite islands and islets, and one outlying islet, the combined area of which has increased by 25% since the country's independ...
Source: Wikipedia (as of 03/22/2021). Read more from Wikipedia
Senior Economist Frequently Asked Questions in Singapore
What is the salary range for a Senior Economist in Singapore? What is the average hourly rate?
The average salary for a Senior Economist in Singapore is S$164,549 per year. The salary range for a Senior Economist is between S$130,635 and S$205,012. While we are seeing hourly wages as high as S$99 and as low as S$63, the majority of Senior Economists are currently paid an average of S$79 in Singapore. The average salary pay range for a Senior Economist can vary depending on specific skills, level of skill, location, education, and years of experience. The company size, industry, and location, and numbers of available job candidates may also affect salary offers. Salaries for a Senior Economist in Singapore can differ based on any or all of these varying factors.
March 23, 2021
Why should you negotiate salary for a Senior Economist role? What are effective negotiation strategies?
Most hiring managers in Singapore expect job candidates to negotiate salary. By doing this you will demonstrate that you are confident in your abilities and comfortable taking initiative which are traits that are beneficial for almost any role. You should try to negotiate the highest starting salary of the Senior Economist position that you can in Singapore. This starting salary of the Senior Economist position will become the basis for all future increases while you are employed at the firm. A lower starting salary will result in smaller raises, even if the % increase is large, so try to maximize that starting base salary amount.
Once you have received an offer of the Senior Economist position in Singapore, ask for a little time to consider it. Research salary levels for the position so you will know what range of salary is applicable for your job and location. Emphasize any special skills, experience, certifications, or credentials that you have. Point out past accomplishments that will be useful in the role. Suggest a salary that is slightly higher than your target, this will give you room to negotiate a lower amount but still meet your needs.
March 23, 2021
How do you evaluate the advantages, opportunities, and salary for a Senior Economist role located in large metropolitan city or in a small town?
Start your evaluation by defining the most important aspects of the job and the overall lifestyle you can expect based on the location. The higher salary range of a Senior Economist in the Singapore can be one of the reasons you are attracted to a position in a large city, but keep in mind that differences in the cost of living usually result in higher living expenses and less disposable income. a Senior Economist job in a large city of the Singapore may offer a more varied experience, and greater opportunities for career progression, but may require long commutes or extended work hours. A large city in the Singapore also provides more opportunities for entertainment and other activities. On the other hand, a non-metro location may offer lower salaries and fewer opportunities but have more affordable living expenses, shorter commute times, and other advantages. Consider these factors before you decide which Senior Economist job is right for you.
March 23, 2021
Last Update: March 23, 2021