Average Forklift Driver Salary in Singapore for 2024

In this article, we will look at the average Forklift Driver salary for 2024 in Singapore and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Singapore dollar. To keep things simple, we are using the SGD currency code instead of the currency symbol $.

How Much Does a Forklift Driver Make in Singapore?

A Forklift Driver working in Singapore will typically earn around 27,620 SGD per year, and this can range from the lowest average salary of about 14,840 SGD to the highest average salary of 42,320 SGD.

Average Annual Salary
27,620 SGD
Average Monthly Salary
2,301 SGD

Lowest Annual Salary
14,840 SGD
Lowest Monthly Salary
1,236 SGD

Highest Annual Salary
42,320 SGD
Highest Monthly Salary
3,526 SGD

These are average salaries for a Forklift Driver in Singapore and include benefits such as housing and transport. It's also possible for a Forklift Driver to earn more or less than the average salaries shown above.

Forklift Driver salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Forklift Driver Salaries in Singapore

So we've looked at the average salaries a Forklift Driver will earn in Singapore. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Forklift Driver can earn between 14,840 SGD and 42,320 SGD on average in Singapore. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Forklift Driver in Singapore is 27,040 SGD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 27,040 SGD, and 50% of the population earn more than 27,040 SGD.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Forklift Driver salary in Singapore, 25% of the population are earning less than 17,760 SGD while 75% of the population earn more than 17,760 SGD.

75% of the population earn less than 33,440 SGD, and 25% of the population earn more than 33,440 SGD.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Forklift Driver Salary by Experience Level in Singapore

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average forklift driver salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Forklift Driver in Singapore that has less than two years of experience can expect to earn somewhere in the region of 16,720 SGD.
  • 2 - 5 Years Experience. With two to five years of experience the average Forklift Driver salary would increase to 20,940 SGD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Forklift Driver, the average salary would be 27,480 SGD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 33,520 SGD.
  • 15 - 20 Years Experience. A Forklift Driver with 15 to 20 years of experience can earn an average of 37,380 SGD.
  • 20+ Years Experience. For a Forklift Driver with more than 20 years, the expected average salary increases to 38,340 SGD.

Average Salary by Experience Chart

0-2 Years
16,720 SGD
2-5 Years +23%
20,940 SGD
5-10 Years +42%
27,480 SGD
10-15 Years +17%
33,520 SGD
15-20 Years +10%
37,380 SGD
20+ Years +6%
38,340 SGD

Forklift Driver Salary by Education Level in Singapore

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Forklift Driver in Singapore based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Forklift Driver in Singapore with a high school education can earn an average salary of 22,420 SGD.

  • Certificate or Diploma. A Forklift Driver in Singapore with a certificate or diploma education can earn an average salary of 35,000 SGD.

Average Salary by Education Chart

High School
22,420 SGD
Certificate or Diploma +61%
35,000 SGD

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Singapore is around 42,200 to 127,000 SGD and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Forklift Driver Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Singapore, a male forklift driver will earn an average of 29,840 SGD, while a female forklift driver will earn around 26,780 SGD.

This means that a male forklift driver earns approximately 11% more than a female forklift driver for performing the same job.

Average Salary by Gender Chart in Singapore

Male
29,840 SGD
Female -11%
26,780 SGD

Forklift Driver Average Pay Raise in Singapore

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Forklift Driver in Singapore is around 9% every 16 months.

The national average pay raise across all professions and industries in Singapore is around 9% every 15 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 9 ÷ 16 ) × 12  = 7%

What this means is that a Forklift Driver in Singapore can expect to receive an average pay raise of around 7% every 12 months.

Annual Pay Raise by Industry in Singapore for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Singapore.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
7%
Energy
5%
Information Technology
3%
Healthcare
1%
Travel
8%
Construction
6%
Education
4%

Forklift Driver Bonus and Incentive Rates in Singapore

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Forklift Driver is a low bonus based job, with 27% of employees reporting at least one bonus in the last 12 months.

73% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 1% to 3%.

Received Bonus
27%
No Bonus
73%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Singapore earn approximately 5% more than private sector employees in the same role.

Public Sector
103,440 SGD
Private Sector -5%
98,540 SGD

Salaries for Jobs Similar to a Forklift Driver

In the table below, we have salary information for jobs that are similar to a Forklift Driver in Singapore.

Job Title Category Salary
Assembly Foreman Factory and Manufacturing 26,100 SGD
Assembly Line Worker Factory and Manufacturing 25,680 SGD
Assembly Supervisor Factory and Manufacturing 40,640 SGD
Assistance Maintenance Manager Factory and Manufacturing 97,300 SGD
Assistant Shipping Manager Factory and Manufacturing 87,760 SGD
Chemical Equipment Controller Factory and Manufacturing 58,720 SGD
Chemical Technican Apprentice Factory and Manufacturing 50,240 SGD
CNC Machinist Factory and Manufacturing 61,760 SGD
CNC Operator Factory and Manufacturing 58,720 SGD
CNC Programmer Factory and Manufacturing 66,100 SGD
Colour Technologist Factory and Manufacturing 32,900 SGD
Contracts Manager Factory and Manufacturing 112,620 SGD
Data Collection Coordinator Factory and Manufacturing 43,080 SGD
Demand Planner Factory and Manufacturing 38,620 SGD
Derrick Operator Factory and Manufacturing 28,720 SGD
Director of Manufacturing Factory and Manufacturing 154,700 SGD
Dock Worker Factory and Manufacturing 27,380 SGD
Drying Technician Factory and Manufacturing 28,820 SGD
Equipment Operator Factory and Manufacturing 26,020 SGD
Export Sales Coordinator Factory and Manufacturing 83,760 SGD
Factory Superintendent Factory and Manufacturing 42,320 SGD
Factory Worker Factory and Manufacturing 29,840 SGD
Failure Analysis Technician Factory and Manufacturing 40,040 SGD
Fiberglass Laminator Factory and Manufacturing 29,040 SGD
Food Technologist Factory and Manufacturing 50,980 SGD
Forklift Operator Factory and Manufacturing 25,660 SGD
Forming Machine Operator Factory and Manufacturing 28,900 SGD
Furnace Operator Factory and Manufacturing 24,860 SGD
Gas Appliance Repairer Factory and Manufacturing 27,480 SGD
General Warehouse Associate Factory and Manufacturing 45,720 SGD
Heavy Equipment Operator Factory and Manufacturing 37,740 SGD
HSE Manager Factory and Manufacturing 115,620 SGD
Industrial Engineer Factory and Manufacturing 90,540 SGD
Industrial Machinery Mechanic Factory and Manufacturing 56,880 SGD
Industrial Production Manager Factory and Manufacturing 157,600 SGD
Industrial Safety and Health Engineer Factory and Manufacturing 86,460 SGD
Intake Operator Factory and Manufacturing 35,260 SGD
Key Account Manager Factory and Manufacturing 134,600 SGD
Lift Truck Operator Factory and Manufacturing 28,180 SGD
Loading Supervisor Factory and Manufacturing 49,200 SGD
Logistic Coordinator Factory and Manufacturing 69,240 SGD
Logistics Clerk Factory and Manufacturing 35,500 SGD
Machine Operator Factory and Manufacturing 25,720 SGD
Machinist Factory and Manufacturing 26,660 SGD
Maintenance Manager Factory and Manufacturing 104,600 SGD
Maintenance Store Clerk Factory and Manufacturing 28,660 SGD
Manufacturing Engineer Factory and Manufacturing 85,700 SGD
Manufacturing Engineering Manager Factory and Manufacturing 128,500 SGD
Manufacturing Engineering Technologist Factory and Manufacturing 99,340 SGD
Manufacturing Manager Factory and Manufacturing 152,100 SGD
Manufacturing Operative Factory and Manufacturing 47,760 SGD
Manufacturing Production Technician Factory and Manufacturing 37,200 SGD
Manufacturing Supervisor Factory and Manufacturing 79,120 SGD
Manufacturing Technician Factory and Manufacturing 31,960 SGD
Materials Manager Factory and Manufacturing 119,700 SGD
Materials Supervisor Factory and Manufacturing 79,120 SGD
Mechanical Fitter Engineer Factory and Manufacturing 87,000 SGD
Mechanical Foreman Factory and Manufacturing 27,040 SGD
Merchandise Planner Factory and Manufacturing 47,580 SGD
Metrology Engineer Factory and Manufacturing 80,520 SGD
Operations Engineer Factory and Manufacturing 82,480 SGD
Operations Manager Factory and Manufacturing 128,900 SGD
Order Management Coordinator Factory and Manufacturing 70,260 SGD
Order Processing Manager Factory and Manufacturing 110,340 SGD
Order Selector Factory and Manufacturing 34,960 SGD
Package Handler Factory and Manufacturing 26,780 SGD
Packaging Manager Factory and Manufacturing 87,880 SGD
Packer Factory and Manufacturing 26,400 SGD
Packing Deputy Supervisor Factory and Manufacturing 67,320 SGD
Planning Manager Factory and Manufacturing 129,000 SGD
Plant Manager Factory and Manufacturing 148,300 SGD
Precision Instrument Repairer Factory and Manufacturing 43,260 SGD
Process Technician Factory and Manufacturing 35,300 SGD
Product Manager Factory and Manufacturing 146,200 SGD
Production Analyst Factory and Manufacturing 115,260 SGD
Production Director Factory and Manufacturing 159,100 SGD
Production Engineer Factory and Manufacturing 87,940 SGD
Production Engineering Supervisor Factory and Manufacturing 128,900 SGD
Production Inspector Factory and Manufacturing 91,840 SGD
Production Laborer Factory and Manufacturing 23,140 SGD
Production Manager Factory and Manufacturing 159,100 SGD
Production Operator Factory and Manufacturing 36,720 SGD
Production Scheduler Factory and Manufacturing 67,360 SGD
Production Supervisor Factory and Manufacturing 88,580 SGD
Production Technician Factory and Manufacturing 39,640 SGD
Production Worker Factory and Manufacturing 32,900 SGD
Quality Control Analyst Factory and Manufacturing 112,620 SGD
Quality Control Inspector Factory and Manufacturing 90,900 SGD
Quality Control Manager Factory and Manufacturing 124,400 SGD
Service Technician Factory and Manufacturing 33,960 SGD
SHEQ Officer Factory and Manufacturing 39,800 SGD
Shipping Manager Factory and Manufacturing 137,400 SGD
Small Engine Mechanic Factory and Manufacturing 46,840 SGD
Spray Painter Factory and Manufacturing 26,660 SGD
Sterile Processing Technician Factory and Manufacturing 33,440 SGD
Structural Welder Factory and Manufacturing 24,800 SGD
Supply Chain Operative Factory and Manufacturing 75,100 SGD
Technical Operator Factory and Manufacturing 37,380 SGD
Technology Development Manager Factory and Manufacturing 152,100 SGD
Testing Technician Factory and Manufacturing 62,100 SGD
Toolmaker Factory and Manufacturing 42,960 SGD
Warehouse Forklift Operator Factory and Manufacturing 26,100 SGD
Warehouse Operative Factory and Manufacturing 26,400 SGD
Warehouse Worker Factory and Manufacturing 26,280 SGD
Warranty Handler Factory and Manufacturing 50,540 SGD
Welder Factory and Manufacturing 27,040 SGD
Workshop Manager Factory and Manufacturing 99,280 SGD

Link To or Reference This Page

We spend a lot of time collecting, cleaning, merging, and formatting the data that is shown on the site to be as useful to you as possible.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference World Salaries as the source. We appreciate your support!

  • "Average Forklift Driver Salary in Singapore for 2024". World Salaries. Accessed on March 28, 2024. https://worldsalaries.com/average-forklift-driver-salary-in-singapore/.

  • "Average Forklift Driver Salary in Singapore for 2024". World Salaries, https://worldsalaries.com/average-forklift-driver-salary-in-singapore/. Accessed 28 March, 2024

  • Average Forklift Driver Salary in Singapore for 2024. World Salaries. Retrieved from https://worldsalaries.com/average-forklift-driver-salary-in-singapore/.