Hiring for Projects & Change in Singapore.
Due to low business sentiment in the market, project pipelines have been affected and extended. As a result, we’re seeing an excess supply of interested candidates in the Projects & Change space. Additionally, companies are consolidating multiple projects under one Project Manager, as opposed to one project allocated to one Project Manager.
Organisations are well aware of these hiring market changes and are taking their time to make sure they hire the best possible fit with specific industry and department experience.
In 2024, we are hopeful of more projects coming to fruition that will ease market saturation. If that does occur, the market will swing towards being more candidate- driven which will make movement easier.
The top 3 things to successfully attract and hire talent in Projects & Change:
- 1
Flexible working patterns
- 2
Interesting and exciting projects
- 3
Fast hiring process
In demand roles
- Project Manager (Banking)
- Project Manager (Insurance)
- Project Manager (IT)
- BA (Transformation)
- IT Systems BA
Valuable skill sets
- Insurance platforms
- Capital Markets
- Swift systems
- IT platforms BA
- IT Banking PMO
Up, down or flat? The state of salaries.
When there is an abundance of talent available, job seekers cannot command high salaries - the hiring organisations know there is plenty of choice out there and will look around for candidates asking for less. When hiring activity picks up across Projects & Change, we expect salaries to rise again.
In comparison to 2022, salary offers have remained flat at
Projects & Change salaries in Singapore
| Job Title | Sector | Sub Sector | Location | |||
|---|---|---|---|---|---|---|
| Job Title | Sector | Sub Sector | Location | 5 - 10 years | 10 - 15 years | 15+ years |
Junior Business Analyst |
Financial Services | Singapore | S$48,000 | S$75,000 | S$84,000 | |
Senior Business Analyst |
Financial Services | Singapore | S$120,000 | S$150,000 | S$220,000 | |
Process Analyst |
Financial Services | Singapore | S$100,000 | S$120,000 | S$140,000 | |
Agile Coach |
Financial Services | Singapore | S$150,000 | S$180,000 | S$250,000 | |
PMO |
Financial Services | Singapore | S$84,000 | S$120,000 | S$200,000 | |
Project Manager |
Financial Services | Singapore | S$120,000 | S$180,000 | S$240,000 | |
Digital Project Management |
Financial Services | Singapore | S$120,000 | S$180,000 | S$240,000 | |
Programme Manager |
Financial Services | Singapore | S$180,000 | S$240,000 | S$300,000 | |
Lean Six Sigma / Operational Excellence Expert |
Financial Services | Singapore | S$175,000 | S$190,000 | S$240,000 | |
Strategy Consulting |
Financial Services | Singapore | S$180,000 | S$250,000 | S$350,000 | |
Business Transformation |
Financial Services | Singapore | S$150,000 | S$200,000 | S$300,000 | |
Change Manager |
Financial Services | Singapore | S$140,000 | S$190,000 | S$220,000 | |
Business Process Improvement Manager |
Financial Services | Singapore | S$120,000 | S$190,000 | S$220,000 |
Download Your 2024 Projects & Change Salary Guide for Singapore.
Permanent, temporary and contract salary data for a range of Projects & Change roles, as well as insights and advice to guide your talent strategies.
