Average Global Wholesale Manager Salary in Singapore for 2024

In this article, we will look at the average Global Wholesale Manager 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 Global Wholesale Manager Make in Singapore?

A Global Wholesale Manager working in Singapore will typically earn around 208,600 SGD per year, and this can range from the lowest average salary of about 97,840 SGD to the highest average salary of 330,700 SGD.

Average Annual Salary
208,600 SGD
Average Monthly Salary
17,383 SGD

Lowest Annual Salary
97,840 SGD
Lowest Monthly Salary
8,153 SGD

Highest Annual Salary
330,700 SGD
Highest Monthly Salary
27,558 SGD

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

Global Wholesale Manager 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 Global Wholesale Manager Salaries in Singapore

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

Salary ranges

We already know that a Global Wholesale Manager can earn between 97,840 SGD and 330,700 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 Global Wholesale Manager in Singapore is 218,900 SGD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 218,900 SGD, and 50% of the population earn more than 218,900 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 Global Wholesale Manager salary in Singapore, 25% of the population are earning less than 142,300 SGD while 75% of the population earn more than 142,300 SGD.

75% of the population earn less than 292,000 SGD, and 25% of the population earn more than 292,000 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.

Global Wholesale Manager 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 global wholesale manager 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 Global Wholesale Manager in Singapore that has less than two years of experience can expect to earn somewhere in the region of 112,760 SGD.
  • 2 - 5 Years Experience. With two to five years of experience the average Global Wholesale Manager salary would increase to 157,600 SGD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Global Wholesale Manager, the average salary would be 222,300 SGD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 272,800 SGD.
  • 15 - 20 Years Experience. A Global Wholesale Manager with 15 to 20 years of experience can earn an average of 283,700 SGD.
  • 20+ Years Experience. For a Global Wholesale Manager with more than 20 years, the expected average salary increases to 312,400 SGD.

Average Salary by Experience Chart

0-2 Years
112,760 SGD
2-5 Years +38%
157,600 SGD
5-10 Years +42%
222,300 SGD
10-15 Years +22%
272,800 SGD
15-20 Years +6%
283,700 SGD
20+ Years +9%
312,400 SGD

Global Wholesale Manager 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 Global Wholesale Manager 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 Global Wholesale Manager in Singapore with a high school education can earn an average salary of 138,200 SGD.

  • Certificate or Diploma. A Global Wholesale Manager in Singapore with a certificate or diploma education can earn an average salary of 161,600 SGD.

  • Bachelor's Degree. A Global Wholesale Manager in Singapore with a bachelor's degree education can earn an average salary of 239,000 SGD.

  • Master's Degree. A Global Wholesale Manager in Singapore with a master's degree education can earn an average salary of 312,400 SGD.

Average Salary by Education Chart

High School
138,200 SGD
Certificate or Diploma +17%
161,600 SGD
Bachelor's Degree +45%
239,000 SGD
Master's Degree +31%
312,400 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.

Global Wholesale Manager 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 global wholesale manager will earn an average of 214,000 SGD, while a female global wholesale manager will earn around 204,700 SGD.

This means that a male global wholesale manager earns approximately 5% more than a female global wholesale manager for performing the same job.

Average Salary by Gender Chart in Singapore

Male
214,000 SGD
Female -5%
204,700 SGD

Global Wholesale Manager 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 Global Wholesale Manager in Singapore is around 14% 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 = ( 14 ÷ 16 ) × 12  = 11%

What this means is that a Global Wholesale Manager in Singapore can expect to receive an average pay raise of around 11% 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%

Global Wholesale Manager 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 Global Wholesale Manager is a high bonus based job, with 87% of employees reporting at least one bonus in the last 12 months.

13% 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 5% to 9%.

Received Bonus
87%
No Bonus
13%

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 Global Wholesale Manager

In the table below, we have salary information for jobs that are similar to a Global Wholesale Manager in Singapore.

Job Title Category Salary
Account Manager Sales Retail and Wholesale 105,940 SGD
Account Officer Sales Retail and Wholesale 62,100 SGD
Area Manager Sales Retail and Wholesale 115,740 SGD
Area Sales Director Sales Retail and Wholesale 197,600 SGD
Area Sales Manager Sales Retail and Wholesale 164,200 SGD
Assisstant Store Supervisor Sales Retail and Wholesale 65,800 SGD
Assistant Department Manager Sales Retail and Wholesale 73,760 SGD
Assistant Retail Store Manager Sales Retail and Wholesale 84,560 SGD
Branch Manager Sales Retail and Wholesale 117,380 SGD
Branch Supervisor Sales Retail and Wholesale 95,600 SGD
Cashier Sales Retail and Wholesale 34,360 SGD
Cashier Manager Sales Retail and Wholesale 80,540 SGD
Commercial Sales Manager Sales Retail and Wholesale 152,000 SGD
Corporate Sales Manager Sales Retail and Wholesale 143,200 SGD
Depot Manager Sales Retail and Wholesale 106,600 SGD
Depot Supervisor Sales Retail and Wholesale 98,820 SGD
Deputy Sales Manager Sales Retail and Wholesale 113,280 SGD
Director of Sales Sales Retail and Wholesale 191,600 SGD
Distribution Director Sales Retail and Wholesale 128,900 SGD
District Leader Sales Retail and Wholesale 94,800 SGD
District Manager Sales Retail and Wholesale 118,200 SGD
District Sales Manager Sales Retail and Wholesale 119,900 SGD
External Sales Account Manager Sales Retail and Wholesale 111,860 SGD
Field Sales Representative Sales Retail and Wholesale 75,280 SGD
Furniture Sales Associate Sales Retail and Wholesale 50,980 SGD
Head Cashier Sales Retail and Wholesale 73,820 SGD
Head of Direct Sales Sales Retail and Wholesale 151,800 SGD
Head of Retail Sales Retail and Wholesale 146,200 SGD
Head Teller Sales Retail and Wholesale 74,380 SGD
Inside Sales Sales Retail and Wholesale 57,620 SGD
Inside Sales Account Manager Sales Retail and Wholesale 96,520 SGD
Inside Sales Engineer Sales Retail and Wholesale 69,240 SGD
Inside Sales Executive Sales Retail and Wholesale 99,460 SGD
Inside Sales Representative Sales Retail and Wholesale 66,680 SGD
Internal Sales Manager Sales Retail and Wholesale 114,900 SGD
Inventory Manager Sales Retail and Wholesale 112,760 SGD
Key Account Manager Sales Retail and Wholesale 106,820 SGD
Medical Device Sales Sales Retail and Wholesale 87,520 SGD
Medical Device Sales Representative Sales Retail and Wholesale 84,560 SGD
Merchandiser Sales Retail and Wholesale 73,040 SGD
National Account Manager Sales Retail and Wholesale 142,300 SGD
National Customer Solution Specialist Sales Retail and Wholesale 130,400 SGD
National Sales Manager Sales Retail and Wholesale 197,600 SGD
Outside Sales Representative Sales Retail and Wholesale 79,000 SGD
Parts Salesperson Sales Retail and Wholesale 66,820 SGD
Project Development Manager Sales Retail and Wholesale 125,100 SGD
Project Manager Sales Retail and Wholesale 120,040 SGD
Project Sales Executive Sales Retail and Wholesale 124,400 SGD
Purchasing and Sales Executive Sales Retail and Wholesale 174,000 SGD
Quotation Engineer Sales Retail and Wholesale 61,760 SGD
Regional Sales Director Sales Retail and Wholesale 204,000 SGD
Regional Sales Manager Sales Retail and Wholesale 207,700 SGD
Relationship Manager Sales Retail and Wholesale 128,900 SGD
Retail Merchandiser Sales Retail and Wholesale 48,340 SGD
Retail Operations Manager Sales Retail and Wholesale 119,700 SGD
Retail Sales Associate Sales Retail and Wholesale 87,520 SGD
Retail Sales Representative Sales Retail and Wholesale 70,260 SGD
Retail Salesperson Sales Retail and Wholesale 66,020 SGD
Retail Store Manager Sales Retail and Wholesale 117,380 SGD
Retail Store Sales Person Sales Retail and Wholesale 59,660 SGD
Revenue Manager Sales Retail and Wholesale 114,900 SGD
Sales Account Manager Sales Retail and Wholesale 128,500 SGD
Sales Admin Executive Sales Retail and Wholesale 150,000 SGD
Sales Administration Manager Sales Retail and Wholesale 151,800 SGD
Sales Analyst Sales Retail and Wholesale 117,440 SGD
Sales Assistant Sales Retail and Wholesale 45,600 SGD
Sales Associate Sales Retail and Wholesale 61,580 SGD
Sales Consultant Sales Retail and Wholesale 84,880 SGD
Sales Coordinator Sales Retail and Wholesale 67,360 SGD
Sales Development Representative Sales Retail and Wholesale 76,540 SGD
Sales Director Sales Retail and Wholesale 189,300 SGD
Sales Engineer Sales Retail and Wholesale 67,320 SGD
Sales Executive Sales Retail and Wholesale 124,400 SGD
Sales Manager Sales Retail and Wholesale 159,100 SGD
Sales Officer Sales Retail and Wholesale 64,920 SGD
Sales Planner Sales Retail and Wholesale 101,920 SGD
Sales Planning Analyst Sales Retail and Wholesale 102,960 SGD
Sales Representative Sales Retail and Wholesale 58,000 SGD
Sales Service Associate Sales Retail and Wholesale 55,820 SGD
Sales Specialist Sales Retail and Wholesale 97,760 SGD
Sales Supervisor Sales Retail and Wholesale 97,900 SGD
Sales Support Sales Retail and Wholesale 42,960 SGD
Sales Support Manager Sales Retail and Wholesale 101,020 SGD
Sales Team Leader Sales Retail and Wholesale 102,460 SGD
Sales Trainer Sales Retail and Wholesale 109,720 SGD
Securities Sales Agent Sales Retail and Wholesale 106,160 SGD
Shipper / Receiver Sales Retail and Wholesale 48,640 SGD
Shop Manager Sales Retail and Wholesale 109,720 SGD
Store Development Administrator Sales Retail and Wholesale 73,980 SGD
Store Manager Sales Retail and Wholesale 116,960 SGD
Territory Sales Manager Sales Retail and Wholesale 164,200 SGD
Territory Sales Representative Sales Retail and Wholesale 93,340 SGD
Trade Marketing Officer Sales Retail and Wholesale 106,980 SGD
Treasury Officer Sales Retail and Wholesale 101,920 SGD
Vice President Sales Sales Retail and Wholesale 150,000 SGD
Visual Merchandiser Sales Retail and Wholesale 56,460 SGD

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