Singapore’s job market is evolving into a skills-driven arena as Morgan McKinley unveils its 2026 Salary Guide, highlighting the most sought-after roles in the city-state. The guide reveals a persistent shortage of skilled professionals in areas such as artificial intelligence (AI), data, cybersecurity, and sustainability, prompting organisations to prioritise skills over traditional credentials.
The report indicates that whilst permanent hiring has stabilised, there is a marked increase in demand for contract and project-based roles. This shift allows companies to maintain agility and cost efficiency without sacrificing capability. Ken Ong, Managing Director of Morgan McKinley Singapore, emphasised that “the ability to attract, retain and grow adaptable, purpose-led talent will set leading organisations apart.”
The guide also notes that candidates are increasingly discerning, seeking roles that offer flexibility, progression, and purpose. Rising living costs and changing expectations have led professionals to prioritise fair pay, hybrid work, and meaningful learning opportunities. As a result, companies are investing more in reskilling and upskilling to bridge the gap between available skills and business needs.
Looking ahead to 2026, the guide predicts that average salary growth will hover around 4%, with retention bonuses and mid-cycle adjustments becoming common. The focus on skills as a strategic differentiator is expected to continue, with forward-thinking employers reimagining workforce models to combine permanent and flexible talent.
In summary, Singapore’s future competitiveness will rely heavily on innovation, technology, and the skilled workforce driving these advancements. The 2026 Salary Guide provides valuable insights for both employers and professionals navigating this dynamic landscape.
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