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Search Salaries > Compliance Analyst > Singapore
Job Description
How much does a Compliance Analyst in Singapore ?

The base salary for a Compliance Analyst in Singapore is 72,200
Also known as: Regulatory Analyst, Policy Analyst.

72,200

Median Base Salary (Percentile 50)
124 observations
(Updated: 14 Apr 2024)

Confidence

Good

Avg. Bonus per year

Of avg. Stock options

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Salary Table

A Compliance Analyst earns register to see pay in Singapore, but the base salary ...

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Level Below median
(25th percentile)		 Market median
(50th percentile)		 Above median
(75th percentile)		 Top Competitive
(90th percentile)
Junior 60000 60000 60000 60000
Mid 60000 60000 60000 60000
Senior 60000 60000 60000 60000
Lead 60000 60000 60000 60000
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Bonus & Stock options

This position usually comes with bonuses and the possibility of accessing stock options. Both must be added to ...

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Level Min Avg Max
Junior 60000 60000 60000
Mid 60000 60000 60000
Senior 60000 60000 60000
Lead 60000 60000 60000
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Experience Min Avg Max
Junior 60000 60000 60000
Mid 60000 60000 60000
Senior 60000 60000 60000
Lead 60000 60000 60000

Supply and demand

Highly supplied position in a highly demanded market
Supply | (<100 professionals)
Demand | (<100 job offers)

Gender gap

Unbalanced

Male

63%

Female

37%

Benefits

There are statutory benefits associated with a Compliance Analyst in Singapore according to ...

Most Common Benefits

Competitive advantages associated with a Compliance Analyst in Singapore
Health Insurance | 1677€ annually
Health insurance is a crucial benefit offered by many employers in Singapore. It provides employees with access to medical care, covering expenses such as hospital stays, surgeries, and consultations. This benefit ensures that employees can receive necessary medical attention without financial burden, promoting overall well-being and productivity in the workplace.
Professional Development | 699€ annually
Professional development opportunities are highly valued in Singapore. Companies often provide training programs, workshops, and courses to help employees enhance their skills and advance their careers. This benefit not only boosts employee morale but also improves the overall competency of the workforce, making it a significant competitive advantage for employers.
Cutting Edge Technology | 1397€ annually
Access to cutting-edge technology is a significant benefit for employees in Singapore. Companies that provide the latest tools and technologies enable their employees to perform their tasks efficiently and innovatively. This benefit not only enhances productivity but also attracts tech-savvy talent, positioning the company as a leader in technological advancement.
Bonus | 6987€ annual
Bonuses are performance-based financial rewards given to employees. They can significantly boost annual earnings and are often used to incentivize high performance, align employee objectives with company goals, and retain top talent. Bonuses may vary based on individual, team, or company performance and can be a substantial part of total compensation.

Side Benefits to attract & retain talent

Additional perks for a Compliance Analyst in Singapore
Flexible Working Hours
Disability Leave
Work-Life Balance
Work From Home
Great Location
Casual Dress Code

Statutory Benefits

Mandatory benefits in Singapore
Monthly payroll cycle, paid within 7 days of the end of the salary period. Payment due on the last day of work in case of termination/resignation. Customary 13th month salary at year-end.
Employees covered by the Employment Act are entitled to at least 7 days of paid annual leave in their first year, increasing by one day per year of service, capping at 14 days.
16 weeks of paid maternity leave for employees with at least three months of service and the child being a Singaporean citizen. The first eight weeks are employer-paid, and the additional eight weeks are government-reimbursed.
Each parent with at least 3 months of service is eligible for 6 days of paid childcare leave per year until the child turns 7 years old. The first 3 days are employer-paid, and the remaining 3 days are government-paid.
Work permits are required in Singapore. The type of permit depends on the person’s skills. Employment pass is required for degree holders or specialists.
Singapore observes 11 public holidays annually. Holidays falling on a Sunday are moved to the next working day.
Central Provident Fund – CPF (Pension for employees aged 55 and below, reduces progressively to 12% as age increases) applies to Singapore Citizens or Permanent Resident employees earning more than $50 per month. Capped at a salary of SGD 7,400 monthly. Skills Development Levy (SDL) capped at 11.25 SGD per month. Foreign worker surcharge varies by sector. For S PASS holders, 450 SGD/month. Work Injury Compensation Act insurance required for certain employees.
Progressive income tax rates ranging from 0% for income up to 20,000 SGD annually to 24% for income above 1,000,000 SGD annually.
Monthly payments to Central Provident Fund Board (CPFB) and Inland Revenue Authority of Singapore (IRAS) by the 14th of each month. Payment methods include Giro, Cheque, Direct Debit, eNETS, and Electronic payment.
Eligible fathers can share up to 4 weeks of their wife’s 16 weeks of maternity leave. Payment reimbursed by the Government.
No national minimum wage. Minimum wage established for industries like cleaning, security, and landscaping. Workfare scheme supports low wage workers earning not more than 2,300 SGD monthly.
Notice period varies based on length of service. Less than 26 weeks: 1 day notice. More than 26 weeks but less than 2 years: 1 week notice. More than 2 years but less than 5 years: 2 weeks notice. More than 5 years: 4 weeks notice.
Retrenchment benefit payments are due upon termination after two years of service. Common practice is 2–4 weeks’ pay for each year in employment.
Employees are entitled to 14 days of paid sick leave annually if no hospitalization is required, or 60 days if hospitalization is necessary, after completing six months of service.
Standard maximum working hours are 44 hours per week. Overtime paid at 150% of the basic hourly rate, with a maximum of 12 hours per day and 72 hours per month.
Central Provident Fund – CPF (Pension for employees aged 55 and below, reduces progressively to 11.5% as age increases) applies to Singapore Citizens or Permanent Resident employees earning more than $50 per month. Capped at a salary of SGD 7,400 monthly.
2 weeks of paid paternity leave for fathers with at least three months of service, funded by the Government-Paid Paternity Leave (GPPL).
Employment can be terminated by providing the legally required notice. Leavers should be paid all outstanding holiday entitlements, and tax clearance must be sought from IRAS before making the final payment.
The probation period is generally 3-6 months, set within the employment contract/collective agreement.
Employees are eligible for 2 days of extended childcare leave per year if their youngest child is a Singapore citizen between 7 and 12 years old.