There is no easy answer when it comes to whether or not startups pay well in Singapore. This is because there is a wide range in pay among startups, and it largely depends on the specific startup and its stage of development. However, in general, it is fair to say that many startups in Singapore do pay well, relative to other industries.
One of the main reasons that startups are able to pay well is because they often offer equity compensation in addition to salaries. This means that employees have the potential to earn a lot of money if the startup is successful. Of course, there is also a higher risk of failure when working for a startup, which should be taken into account when considering compensation.
Another reason that many startups in Singapore are able to pay well is because they are often able to raise large amounts of funding. This funding allows them to offer higher salaries and other forms of compensation to attract and retain top talent.
If you're considering working for a startup in Singapore, it's important to do your research and understand the specific company's stage of development, compensation structure, and risk factors. Only then can you make an informed decision about whether or not the startup is a good fit for you.