Does Age Really Matter? The average 35 year old salary in Singapore by 2025

The average salary for a 35-year-old in Singapore is expected to reach S$5,720 by 2025, according to a report by the Ministry of Manpower (MOM). This represents an increase of 2.5% from the current average salary of S$5,580.

The report also found that the median salary for a 35-year-old in Singapore is expected to reach S$4,940 by 2025, an increase of 2.6% from the current median salary of S$4,810.

The highest-paying industries for 35-year-olds in Singapore are expected to be the financial services, information and communications technology (ICT), and healthcare sectors. The lowest-paying industries are expected to be the retail, food and beverage, and hospitality sectors.

The MOM report also found that the gender pay gap for 35-year-olds in Singapore is expected to narrow by 2025. The average salary for a 35-year-old male is expected to reach S$5,830 by 2025, while the average salary for a 35-year-old female is expected to reach S$5,610.

What factors affect the salary of a 35-year-old in Singapore?

Several factors can affect the salary of a 35-year-old in Singapore, including:

• Education: Employees with higher levels of education tend to earn higher salaries.
• Experience: Employees with more experience tend to earn higher salaries.
• Industry: The industry in which an employee works can significantly impact their salary.
• Company size: Employees who work for larger companies tend to earn higher salaries.
• Gender: Although the gender pay gap is narrowing, women still tend to earn less than men.
• Nationality: Foreign employees tend to earn lower salaries than local employees.

Tips for increasing your salary as a 35-year-old in Singapore

If you are a 35-year-old in Singapore looking to increase your salary, here are a few tips:

• Get a higher education: If you do not have a university degree, consider getting one. A higher level of education can lead to a higher salary.
• Gain more experience: The more experience you have, the more valuable you will be to potential employers. Look for opportunities to gain experience in your field.
• Network with other professionals: Networking with other professionals can help you learn about job opportunities and negotiate a higher salary.
• Be prepared to negotiate: When you are negotiating a salary, be prepared to ask for what you are worth. Do your research and know what the average salary is for your position and experience level.
• Be willing to move jobs: If you are not happy with your current salary, be willing to move to a new job. Sometimes, the best way to increase your salary is to find a new employer.

Average Salary for 35 years old Singaporean by Industry Sector

Average Salary for 35 years old Singaporean by Occupation

FAQs

1. What is the average salary for a 35-year-old in Singapore?

The average salary for a 35-year-old in Singapore is expected to reach S$5,720 by 2025.

2. What factors affect the salary of a 35-year-old in Singapore?

Several factors can affect the salary of a 35-year-old in Singapore, including education, experience, industry, company size, gender, and nationality.

3. What are some tips for increasing your salary as a 35-year-old in Singapore?

Some tips for increasing your salary as a 35-year-old in Singapore include getting a higher education, gaining more experience, networking with other professionals, being prepared to negotiate, and being willing to move jobs.

4. What is the highest-paying industry for 35-year-olds in Singapore?

The highest-paying industry for 35-year-olds in Singapore is the financial services sector.

5. What is the lowest-paying industry for 35-year-olds in Singapore?

The lowest-paying industry for 35-year-olds in Singapore is the hospitality sector.

6. Is there a gender pay gap for 35-year-olds in Singapore?

Yes, there is a gender pay gap for 35-year-olds in Singapore. The average salary for a 35-year-old male is expected to reach S$5,830 by 2025, while the average salary for a 35-year-old female is expected to reach S$5,610.

7. How can I negotiate a higher salary as a 35-year-old in Singapore?

When negotiating a salary as a 35-year-old in Singapore, you should be prepared to ask for what you are worth. Do your research and know what the average salary is for your position and experience level. Be confident in your skills and experience and be willing to walk away from the negotiation if you are not satisfied with the offer.

8. Should I move jobs to increase my salary as a 35-year-old in Singapore?

Sometimes, the best way to increase your salary as a 35-year-old in Singapore is to find a new job. If you are not happy with your current salary, do your research and look for jobs that offer a higher salary. Be prepared to negotiate your salary and be willing to walk away from the negotiation if you are not satisfied with the offer.