These figures are given to the Indeed users for the purpose of generalized comparison only. Cookies help us deliver our services. Those figures should be taken as general guidelines. People tend to confuse bonuses with commissions. Software Architect salaries in Singapore range from 3,920 SGD per month (minimum salary) to 11,800 SGD per month (maximum salary). Reading from the salary distribution diagram, 25% of Software Architect(s) are earning less than 5,160 SGD while 75% of them are earning more than 5,160 SGD. Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 ), 12 careers for people who like to work alone, 7 unconventional and creative job hunting techniques. Listed above are the average annual increase rates for each industry in Singapore for the year 2019. If the experience level is between fifteen and twenty years, then the expected wage is 10,500 SGD per month, 9% more than someone with ten to fifteen years of experience. 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. A Master's degree program or any post-graduate program in Singapore costs anywhere from 42,200 Singapore Dollar(s) to 127,000 Singapore Dollar(s) and lasts approximately two years. A Master's Degree gets its holder an average salary of 11,200 SGD per month, 48% more than someone with a Bachelor's Degree. The figures mentioned above are good approximations and are considered to be the standard. Male Software Architect employees in Singapore earn 6% more than their female counterparts on average. The average salary for Software Architect is 12% less than that of Data Analysis. Standard Chartered Bank Software Architect, Cognizant Technology Solutions Software Architect, ALLEGIS GROUP SINGAPORE PRIVATE LIMITED Software Architect, ACCENTURE SG SERVICES PTE. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment. The numbers seem to support the thoery. Also, Data Analysis salaries are 3% more than those of Information Technology. Salary … Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. In most cases, a salary review is conducted once education is completed and the degree has been attained. 25 Simple Ways to Reduce Bills and Save Money. When the education level is Certificate or Diploma, the average salary of a Software Architect is 5,030 SGD per month. Percentage increase and decrease are relative to the previous value. People in top positions can easily get double or triple bonus rates than employees down the pyramid. Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation. The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. Visit PayScale to research software architect salaries by city, experience, skill, employer and more. Last updated: 18 November, 2020. Both are indicators. 8 Essential CV Tips That Will Make a Huge Difference, 21 high paying jobs that don't require a college degree, 9 deadly resume mistakes that you must avoid, How to write the perfect resume (complete guide), 7 tricky job interview questions and answers, 25 simple money saving tips ($15000+ in savings! Median Salary The median salary is 7,530 SGD per month, which means that half (50%) of people working as Software Architect(s) are earning less than 7,530 SGD while the other half are earning more than 7,530 SGD. We broke down Software Architect salaries by experience level and this is what we found. So who gets paid more: men or women? Minimum wage may differ by jurisdiction and you should consult the employer for actual salary figures. You should be able to recover the costs in roughly a year or so. Top 10 coolest jobs that you can actually have! Example:A graphic designer in the marketing department of a hospital. LTD. Software Architect. Naturally the more years of experience the higher your wage. Top 10 Highest Paying Careers in Singapore. Software Architect salaries vary drastically based on experience, skills, gender, or location. Example:A graphics designer working for a graphics designing company. The most standard form of bonus where the employee is awarded based on their exceptional performance. Many people pursue higher education as a tactic to switch into a higher paying job. 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). 21 High Paying Jobs That Don't Require a College Degree! Though gender should not have an effect on pay, in reality, it does. Salaries range from 3,920 SGD (lowest) to 11,800 SGD (highest). Salaried jobs pay a fix amount regardless of the hours worked. You deserve a salary increment but you are not sure how to ask.Check our 25 sample Salary Increase Request emails. If you can afford the costs of higher education, the return on investment is definitely worth it. Employees that support and facilitate the work of revenue generators. Also from the diagram, 75% of Software Architect(s) are earning less than 9,490 SGD while 25% are earning more than 9,490 SGD. Our. Salaried employees are usually exempt from overtime as opposed to hourly paid staff. Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. Software Architect(s) in Singapore are likely to observe a salary increase of approximately 13% every 15 months. The average salary for a Software Architect with Software Architecture skills in Singapore is S$101,831. Salary estimated from 112 employees, users, and past and present job advertisements on Indeed in the past 36 months. Hourly jobs pay per worked hour. 54% Above national average. Salary estimated from 2,725 employees, users, and past and present job advertisements on Indeed in the past 36 months. Granted upon achieving an important goal or milestone. Their expertise is usually different from that of the core business operations. Median Salary The median salary is 10,300 SGD per month, which means that half (50%) of people working as Architect(s) are earning less than 10,300 SGD while the other half are earning more than 10,300 SGD. Where can you get paid more, working for a private company or for the government? A Software Architect is considered to be a moderate bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The average salary for a Software Architect in Singapore is S$99,286. Below you will find a detailed breakdown based on many different criteria. These figures tend to change frequently. Visit PayScale to research software architect salaries by city, experience, skill, employer and more. Compare all Software Architect salaries in Singapore. The median salary is 7,530 SGD per month, which means that half (50%) of people working as Software Architect(s) are earning less than 7,530 SGD while the other half are earning more than 7,530 SGD. Visit PayScale to research software architect salaries by city, experience, skill, employer and more. Job openings matching Software Architect in Amazon.com. While someone with an experience level between two and five years is expected to earn 5,740 SGD per month, 31% more than someone with less than two year's experience. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle. Employees that are directly involved in generating revenue or profit for the organization. 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 term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely 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. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary. Average IBM Software Architect monthly pay in Singapore is approximately $12,203, which is 44% above the national average. 45% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 55% said that they received at least one form of monetary bonus.