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Commodities and freight derivatives broker salary in Singapore

What a commodities and freight derivatives broker earns a month, from MOM’s June 2024 wage survey. See where your own pay sits.

Median gross pay a month · Commodities and freight derivatives brokerS$12,000Half earn S$8,205 to S$18,662 · June 2024 · 22nd highest of 562 jobs

On the median, S$12,000, a Singapore citizen aged 55 or under pays S$1,600 employee CPF (20%) and takes home about S$10,400 a month, before income tax. Work out your own CPF · income tax

Gross and basic pay a month, June 2024

25th percentileMedian75th percentile
GrossS$8,205S$12,000S$18,662
BasicS$8,205S$12,000S$18,662

By industry median gross, highest first

Industry25thMedian75th
Financial and insurance servicesS$10,185S$14,951S$20,000
Wholesale and retail tradeS$7,750S$11,000S$17,500

Jobs paying about the same median gross

From MOM’s Occupational Wage Survey, June 2024, on data.gov.sg: citizens and PRs working full-time in private sector firms with 25 or more employees. Gross is basic pay plus overtime, commissions and allowances, before CPF; it leaves out bonuses and employer CPF.

Questions

How much does a commodities and freight derivatives broker earn in Singapore?

A median of S$12,000 a month gross in MOM’s June 2024 survey: half earn more, half less, and the middle half S$8,205 to S$18,662. Basic pay, before overtime, commissions and allowances, had a median of S$12,000. That’s the 22nd highest of the 562 jobs in the survey.

What is a commodities and freight derivatives broker’s take-home pay?

On the median of S$12,000, a Singapore citizen aged 55 or under pays S$1,600 employee CPF and takes home about S$10,400 a month, before income tax. The CPF calculator works it out for any pay and age.

Which industry pays a commodities and freight derivatives broker the most?

Financial and insurance services, a median of S$14,951 a month gross, against S$11,000 in wholesale and retail trade. MOM lists 2 industries for this job.

Is S$18,700 a good salary for a commodities and freight derivatives broker?

S$18,700 is above the 75th percentile, S$18,662: about three in four earn less. Type your own pay to see where it sits.

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