CakesFor foreign professionals seeking work in Singapore, one of the biggest hurdles to overcome is obtaining a work visa or employment pass. Fortunately, many multinational companies in Singapore are willing to sponsor qualified candidates, by taking responsibility for their work visa application and renewal. In this guide, we will explore some of the highest paying companies known to regularly offer job sponsorship to foreign talents.
Singapore has a highly globalized economy and relies on foreign expertise to fill positions that local candidates cannot meet the demand. Job sponsorship can smooth the path to relocating and building a career in this vibrant city-state. While sponsorship requires a commitment to the sponsoring employer, it also opens doors to industries and compensation levels not otherwise accessible. For those with in-demand skills to offer, sponsorship may be worth exploring.
Top Job Sponsorship Opportunities in Finance
The financial sector in Singapore is massive, international, and always recruiting top global talent. Several financial institutions rank among the most generous sponsors.
Goldman Sachs
As one of the largest investment banks worldwide with a major presence in Singapore, Goldman Sachs provides sponsorship for many roles across investment banking, sales and trading, asset management, and more. Base salaries often start above S$120,000 annually for new graduates, rising quickly with experience. Bonuses are substantial as well. Goldman also offers relocation assistance and benefits to recruited internationals.
Standard Chartered Bank
Standard Chartered is a British multinational bank with a history in Asia dating back over 150 years. They actively recruit expatriates for client-facing and back office functions in Singapore, offering employment pass sponsorship. Total compensation packages for sponsored candidates commonly begin at S$120,000-S$150,000 total per year initially. Standards Chartered provides training and mentorship to help team members acclimate to life in Singapore.
DBS Bank
As Singapore’s largest homegrown bank, DBS recruits globally and offers employment pass support across many roles. Salaries for sponsored professionals start from approximately S$90,000-S$120,000 at minimum, depending on specialty. Significant mid-career and executive level openings exist as well at DBS, with higher compensation. Perks include relocation stipends, medical coverage, and opportunities for international transfers within the company’s network.
Tech Companies: Lucrative Sponsorship Opportunities
Tech industries have flourished greatly in Singapore in recent years, and international tech talent is in high demand across many innovative companies. Several leading tech firms actively sponsor candidates for roles at various experience levels.
As an engineering and technology powerhouse globally, Google’s presence and opportunities in Singapore have expanded rapidly. The company sponsors candidates for roles such as software engineering, product management, sales, and more. Starting total compensation packages can exceed S$150,000 annually before bonuses and benefits. Additionally, Google is known for its flexible work culture and generous time-off policies.
Sea Group
Headquartered in Singapore and publicly traded in New York, Sea Group is Southeast Asia’s top tech conglomerate. Composed of Garena, Shopee and SeaMoney, Sea offers sponsorship across their gaming, e-commerce and fintech arms to qualified engineers, marketers and other roles. Base salaries for sponsored candidates can range from S$95,000 to over S$150,000 on average depending on experience and qualifications. Stocks and bonuses further boost compensation.
Grab
As the dominant “super app” player in Southeast Asia, Grab actively recruits internationally across over a dozen offices in the region including Singapore. Opportunities exist for roles such as engineering, product management, marketing and operations. Total early career packages often begin at S$120,000 yearly or more for sponsored candidates at Grab. Additionally, option packages and corporate culture focus on empowering employees to innovate.
Healthcare Leaders: Advanced Medicine With sponsorship
Many major pharmaceutical, biotech and medical technology companies sponsor specialized healthcare talent for roles in the Asia Pacific. Salaries can be higher than typical for rewarding careers advancing life sciences.
Roche
The Swiss healthcare giant’s presence in Singapore includes biopharma R&D, manufacturing, marketing and regional management. Roche offers sponsorship for positions like clinical operations, supply chain management and science roles. Starting total packages frequently range between S$120,000-$150,000 yearly, or higher for specialist fields. Perks include comprehensive benefits.
AbbVie
The U.S. biopharma leader sponsors internationals for roles across oncology drug development, medical affairs, regulatory affairs and project management focused on Asia from Singapore. Salary ranges begin approximately S$105,000-$130,000 yearly sponsored. Relocation support packages and annual bonuses add to compensation.
Boston Scientific
For nearly two decades, the U.S. medical technology innovator Boston Scientific has operated a regional headquarters, manufacturing site and R&D center in Singapore sponsoring talent. Roles in strategic marketing, clinical science and quality receive an initial yearly pay commonly between S$90,000-$120,000 when sponsored.
Professional Services Heavyweights: Diverse Opportunities With Visa Assistance
Consulting firms, law practices and global professional services groups maintain an influential presence in Singapore. Many offer employment pass support with the chance to work on high-profile clients.
McKinsey & Company
As one of the top global strategy consultancies, McKinsey is always developing high-potential leaders through its offices worldwide including Singapore. Starting annual salaries for sponsored consultants usually range from $140,000 to $180,000 before bonuses and benefits. Projects span numerous industries.
Bain & Company
Another preeminent global strategy consulting firm, Bain also sponsors qualified candidates for its teams serving clients out of Singapore. Salaries begin approximately $135,000 to $165,000 annually for sponsored recruits without experience. Signing bonuses and performance-based bonuses potentially boost total yearly compensation higher.
Allen & Overy LLP
The leading UK-born international law firm Allen & Overy recruits associates for its litigation, banking and capital market focused divisions in Singapore providing sponsorship support for visas. Salaries start from approximately S$120,000 yearly for sponsored junior to mid-level associates, rising significantly with career progression. Comprehensive benefits also apply.
FAQs about High-paying Jobs with Sponsorship in Singapore
Who is eligible for sponsorship?
To qualify for sponsorship, candidates generally must have the necessary skills and educational background for roles as requested by the employer. Additionally, you need to demonstrate you have relevant experience and qualifications better than local applicants. Language ability is also key for most jobs in Singapore.
What types of visas are sponsored?
The most common sponsored visas are the Employment Pass and S Pass, for professionals earning above the monthly salary criteria. Sponsorship may also extend to supporting applications for permanent residency (PR) after fulfilling requirements with the employer.
How long is the sponsorship commitment?
Most employment pass or S Pass sponsorships typically require a candidate to remain employed for at least 2 years with the sponsoring company. This commitment can be shortened if both employer and employee agree to mutually terminate the arrangement earlier.
What are the benefits of accepting a sponsored position?
Major benefits include obtaining eligibility to work legally without needing to independently apply for a visa. Oftentimes relocation expenses are reimbursed as well. Sponsored roles also provide the opportunity to gain international working experience that builds your resume for future careers anywhere.
How difficult is it to find a sponsored job?
Landing a sponsored high-paying job can still be quite competitive given the visa requirements for employers. Candidates need to thoroughly research target companies and roles, leveraging networks, career fairs or immigration portal job boards when possible to boost candidacy. Maintaining a strong online profile is also recommended. Qualified backgrounds and persistence tend to pay off for the motivated jobseeker.
In closing, Singapore continues attracting global companies that contribute to the nation’s status as a leading international business hub. For ambitious overseas professionals seeking stable and well-paid positions alongside sponsorship support, the opportunities highlighted here represent some of the most notable options to explore. With perseverance and by standing out from local applicants, sponsored placements into these top firms can open doors to personally rewarding careers while gaining residency in this vibrant city-state.
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