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Oil and bunker trader salary in Singapore

What an oil and bunker trader earns a month, from MOM’s June 2024 wage survey. See where your own pay sits.

Median gross pay a month · Oil and bunker traderS$14,896Half earn S$8,610 to S$20,000 · June 2024 · 6th highest of 562 jobs

On the median, S$14,896, a Singapore citizen aged 55 or under pays S$1,600 employee CPF (20%) and takes home about S$13,296 a month, before income tax. Work out your own CPF · income tax

Gross and basic pay a month, June 2024

25th percentileMedian75th percentile
GrossS$8,610S$14,896S$20,000
BasicS$8,610S$14,729S$20,000

By industry median gross, highest first

Industry25thMedian75th
Financial and insurance servicesS$10,000S$16,344S$20,000
ManufacturingS$8,521S$14,824S$19,994
Wholesale and retail tradeS$7,763S$13,254S$20,000

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 an oil and bunker trader earn in Singapore?

A median of S$14,896 a month gross in MOM’s June 2024 survey: half earn more, half less, and the middle half S$8,610 to S$20,000. Basic pay, before overtime, commissions and allowances, had a median of S$14,729. That’s the 6th highest of the 562 jobs in the survey.

What is an oil and bunker trader’s take-home pay?

On the median of S$14,896, a Singapore citizen aged 55 or under pays S$1,600 employee CPF and takes home about S$13,296 a month, before income tax. The CPF calculator works it out for any pay and age.

Which industry pays an oil and bunker trader the most?

Financial and insurance services, a median of S$16,344 a month gross, against S$13,254 in wholesale and retail trade. MOM lists 3 industries for this job.

Is S$20,000 a good salary for an oil and bunker trader?

S$20,000 is right at the 75th percentile, S$20,000: about three in four earn less. Type your own pay to see where it sits.

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