The top 15 companies to work for in Singapore, as ranked by LinkedIn.

In 2024, LinkedIn's list of the best workplaces in Singapore ranked the top 5 companies as banks.

Pooja Chhabria, head of editorial for Asia-Pacific for LinkedIn, informed CNBC Make It that commercial banking firms dominated the 2024 LinkedIn Top Companies in Singapore, accounting for more than half of the top 15 (an increase from 5 in 2023).

"As a well-established financial hub in the region, Singapore has stable regulatory frameworks and increased adoption of digital banking, which is no surprise," she stated.

LinkedIn evaluates various aspects of career advancement through its data analysis. The company ranked companies based on eight key factors: opportunities for career growth, development of skills, stability, external opportunities, affinity towards the company, diversity in gender, education, and employee presence in the country.

The list, released on Wednesday, only contains companies with at least 500 employees in Singapore as of the end of 2023, and excludes recruiting firms, educational institutions, and government agencies.

Here are the top five names on LinkedIn's 2024 list for Singapore:

1. DBS Bank

Industry: Banking

Size of company: 30,000+

Most notable skills: Commercial banking, criminal law, intellectual property

Most common job titles: Business development officer, wealth manager, software engineer

The Development Bank of Singapore, founded in 1968 by the government to aid in the industrialization and urban development of the young nation, is now Southeast Asia's largest bank. It provides corporate banking and financial services. For the third consecutive year, DBS Bank has been ranked among the top five companies to work for in Singapore on LinkedIn's list.

2. Schneider Electric

Industry: Manufacturing, machinery, automation

Size of company: 100,000+

Most notable skills: Power systems, electronic control systems, utilities, instrumentation

Most common job titles: Account manager, project manager

This French multinational company, founded in 1836, is a new addition to the list. Schneider Electric specializes in energy management and digital automation and offers solutions across sectors such as energy, infrastructure and more.

3. Standard Chartered Bank

Industry: Banking

Size of company: 80,000+

Most notable skills: Commercial banking, capital markets, software development life cycle

Some common job titles in business include business analyst, business development officer, and product team manager.

Standard Chartered Bank dropped from second to third place in the rankings from 2021-2023. The London-based international banking group offers treasury services, retail banking, corporate banking, and institutional banking.

4. American Express

Industry: Financial services, banking

Size of company: 70,000+

Most notable skills: Travel management, commercial banking, sales leads

Most common job titles: Relationship manager, data science manager, director

American Express, founded in 1850 in Buffalo, New York, is a global financial services company that specializes in credit cards and offers products for both consumers and businesses.

5. OCBC Bank

Industry: Financial services, banking

Size of company: 15,000+

Most notable skills: Commercial banking, insurance, investment banking

Most common job titles: Business development officer, financial advisor, financial planner

OCBC ranked 4th on LinkedIn's list in 2022 and dropped off the list last year. However, the company regained a spot in the top five this year. Founded in 1932, OCBC is one of the country's top three banking giants and offers a range of financial services, including commercial banking and wealth management. Almost 20% of its roles are on a hybrid schedule, according to LinkedIn.

Another sector that is quickly growing in Singapore is health care.

In Singapore, some companies in the health-care sector are prominently featured on the list.

1. Sumitomo Life Insurance Company's subsidiary, Singlife 1. Procter & Gamble 2. BD 3. Abbott 4. Mastercard 5. Takeda 6. Roche 7. S&P Global 8. Alphabet Inc. 9. HSBC

According to Chhabria, only six companies from the previous year maintained their position on this year's list, indicating a significant turnover in featured companies and suggesting that more firms are investing in attracting top talent and helping employees create meaningful careers.

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