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Minimum wage in Singapore.

Learn about the minimum wage in Singapore thanks to Horizons’ up-to-date guide.

Horizons is where real, local hiring expertise meets world-class customer service. Quickly and compliantly hire employees in more than 150 countries worldwide, without the need to open a local entity.

What is the minimum wage in Singapore per hour?

Singapore does not generally apply a mandatory minimum wage laws or regulations. Rates of pay must be agreed upon between the parties through collective bargaining agreements or negotiations.

However, Singapore does follow the Progressive Wage Model (PWM), which mandates a minimum monthly wage for employees in certain economic sectors. As of September 2022, the PWM applies to workers in the retail, cleaning, security and landscape sectors.

Are there regional variations in Singapore’s minimum wage?

There are no regional variations.

How has minimum wage in Singapore changed in the last 5 years and beyond?

There generally isn’t a minimum wage in Singapore.

Is there a different minimum wage for foreigners in Singapore?

The Singapore government has special rules in place regarding the minimum salaries of foreign workers employed in Singapore. They are referred to as S Pass and Employment Pass (EP) workers, depending on the position they hold. 

EP employees are qualifying highly skilled foreign professionals. Their minimum monthly salary is SGD 5,000 or SGD 5,500 for those employed in the finance sector. Mid-level skilled foreign workers in Singapore who hold an S pass will receive a minimum monthly salary of SGD 3,000. For S pass employees in the financial sector, the minimum salary is SGD 3,500 per month.

Frequently asked questions (FAQ):

The median gross monthly salary in Singapore is SGD 4,680. There is no legally mandated minimum wage.

There is no legally mandated minimum wage in Singapore.

 

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