, Singapore
326 views
Chart from Glints and MHV

SG-based senior product managers earn triple compared to SEA peers

The base salary range for senior product managers ranges from US$8,000 -US$14,200 monthly.

Senior product managers in Singapore earn 3.3x more than those in Indonesia and 2.2x more than in Vietnam, according to data from the “Southeast Asia Startup Talent Trends Report 2024” report of Glints and Monk’s Hill Ventures (MHV).

The base salary range for senior product managers in Singapore is US$8,000 -US$14,200 monthly. Those in the junior and mid-level, meanwhile, have a base monthly salary ranging from US$3,000-US$4,400 and US$4,700-US$6,000, respectively.

In SEA, product managers saw the highest increment among all tech roles last year, with a median increase of 27%. 

“This year salaries have remained relatively unchanged across all markets, which is likely due to both a market correction and startups shifting to streamlining product roles, particularly in the early stage to optimize costs and resources,” the report stated.

“The demand for more experienced product managers remains strong, driven by a growing emphasis on user-centric product development tailored to specific market needs,” the report added.
 

Join Singapore Business Review community

Follow the link for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.