Castille Salary Benchmark 2013

Transcription

1 Castille Salary Benchmark 2013 Financial, IT & Senior Talent Affiliate Member

2 Introduction The Castille 2013 Salaries Benchmark surveyed over 2,500 positions across the sectors of Banking, Insurance, Corporate Services, Fund management and administration, Software houses, igaming and Telecoms. Our salary tables are used as a reference point for employers who are looking to attract and retain human capital. Despite the lingering Euro Crisis and economic uncertainty further afield Malta has shown resilience and robust employment activity throughout So far, indications for the next financial year seem positive with more than 80% of companies surveyed having plans to grow their headcount in the next 12 months and 41% of respondents expecting their payroll costs to increase by 5-10% over the same period. Growth in front office activity cited in our report last year is still trickling in for the funds business however there seems to be good progress being made in other areas such as insurance and forex. Middle and back office continues to generate good employment growth with market risk, compliance and accountancy (from technicians to newly warranted levels) remaining the most sought after skills. From a technology perspective, employers experienced problems in recruiting software developers at the intermediate level in areas such as Java and PHP, while demand for people with experience in business intelligence, business analysis and software testing (automated) exceeded supply. The feedback we receive from employers on the quality of our local human resources remains favourable with 67% of respondents rating the national workforce as excellent and a further 25% considering quality as being fair. Based on the above we remain cautiously optimistic on the employment outlook in Malta for As always I wish to thank those who have contributed to this publication. Should you require any specific advice on salaries or skills availability, then please contact us directly. We wish our readers a rewarding Matthew Camilleri CA Managing Director Castille Resources Page 2

3 Financial Talent CF0001 Financial Controller 50,810 49,000 63,000 CF0002 Senior Business Analyst 39,921 38,242 49,000 CF0003 Business Analyst 30,164 30,571 34,000 CF0004 Treasury Accountant 32,250 29,000 38,000 CF0005 Credit Controller 21,300 21,500 26,000 CF0006 Accounts Administration 15,400 15,000 18,000 CF0007 Accounts Payable/Receivable 19,863 20,001 23,000 CF0008 Management Accountant 35,205 32,000 49,000 CF0009 Part Qualified Accountant 21,812 21,000 25,000 CF0010 Qualified Accountant 32,945 32,500 36,000 CF0011 Commercial Banking Business Senior Manager 52,542 50,083 60,000 CF0012 Commercial Banking Business Supervisor 26,837 26,353 30,000 CF0013 Commercial Banking Business Clerk 18,985 19,000 21,000 CF0014 Senior Banking Relationship Manager 44,853 40,206 54,000 CF0015 Relations Manager 32,594 33,000 36,000 CF0016 Corporate Banking Manager 34,471 34,872 37,000 CF0017 Loan Manager 35,661 35,000 38,000 CF0018 Loan Supervisor 21,655 22,992 25,000 CF0019 Loans Administrator 15,638 15,213 17,000 CF0020 Senior Branch Manager 41,327 41,500 47,000 CF0021 Branch Manager 34,663 34,872 39,000 CF0022 Branch Supervisor 24,840 24,857 30,000 CF0023 Branch Clerk 17,808 17,712 21,000 CF0024 Treasury Senior Manager 44,930 42,255 84,000 CF0025 Treasury Supervisor 31,830 30,000 36,000 CF0026 Treasury Dealer 32,523 30,569 41,000 CF0028 Fund Accountant 25,054 23,780 35,000 CF0029 Fund Supervisor 25,989 24,000 32,000 CF0030 Fund Clerk 18,619 16,000 25,000 CF0031 Trader 22,633 22,000 25,000 CF0032 Fund Controller 26,667 28,000 30,000 CF0033 Fund Administrator 26,887 23,000 40,000 Page 3

4 Financial Talent CF0034 Shareholder Service 24,996 23,500 30,000 CF0035 Custody Officer 19,833 21,500 22,000 CF0036 Financial Analyst 32,213 32,500 34,000 CF0037 Trust Manager 39,525 38,550 45,000 CF0038 Trust Supervisor 24,529 25,440 28,000 CF0039 Trust Administrator 19,952 20,500 23,000 CF0040 Settlements Officer 19,398 18,000 25,000 CF0041 Senior Compliance Manager 42,645 43,129 48,000 CF0042 Compliance Manager 31,838 30,242 38,000 CF0043 Compliance Administrator 22,764 21,500 31,000 CF0044 Trainee Auditor 14,041 14,000 16,000 CF0045 Audit Associate 17,336 17,000 25,000 CF0046 Senior Audit Associate 24,100 23,160 32,000 CF0047 Assistant Audit Manager 28,600 28,100 33,000 CF0048 Audit Manager 35,686 35,700 46,000 CF0049 Senior Audit Manager 47,757 44,000 65,000 CF0050 Internal Audit (Industry) 36,508 37,442 62,000 CF0051 Senior Manager - Insurance 56,033 55,000 65,000 CF0052 Manager - Insurance 34,434 33,368 45,000 CF0053 Technical Executive 24,167 24,760 26,000 CF0054 Insurance Clerk 16,204 15,500 20,000 CF0055 Insurance Officer 16,833 16,000 23,000 CF0056 Investor Relations Analyst 26,100 26,500 36,000 CF0057 Junior Legal Officer 21,821 21,925 27,000 CF0058 Junior Tax Officer 14,355 13,971 16,000 CF0059 Senior Tax Officer 23,824 23,710 28,000 CF0060 Assistant Tax Manager 29,441 30,014 33,000 CF0061 Tax Manager 40,500 41,278 48,000 CF0062 Senior Tax Manager 48,553 46,964 56,000 CF0063 Manager (Advisory) 44,213 43,376 46,000 Page 4

5 Technology Talent CT0001 Technical Architect Senior level 38,490 40,077 44,000 CT0002 Expert level 44,605 42,000 55,000 CT0003 IT Project Manager Junior level Degree 20,333 21,000 24,000 CT0004 Intermediate level (1) 34,207 31,500 47,000 CT0005 Intermediate level (2) 35,388 33,901 39,000 CT0006 Senior level 45,548 41,522 72,000 CT0007 Business Intelligence Junior level Degree 20,110 20,550 22,000 CT0008 Intermediate level (1) 27,720 27,500 30,000 CT0009 Intermediate level (2) 30,190 29,137 35,000 CT0010 Senior level 33,403 34,000 36,000 CT0011 Expert level 46,824 45,850 55,000 CT0012 Quality Assurance Manager Junior level Degree 19,333 18,500 21,000 CT0013 Intermediate level (2) 32,586 31,516 35,000 CT0014 Expert level 48,900 47,500 56,000 CT0015 Systems Engineer Intermediate level (1) 18,571 21,000 32,000 CT0016 Intermediate level (2) 28,440 27,161 38,000 CT0017 Senior level 33,613 32,850 40,000 CT0018 Expert level 39,574 39,000 45,000 CT0019 Systems Analyst Junior level Diploma 14,000 14,000 15,000 CT0020 Junior level Degree 19,143 20,000 22,000 CT0021 Intermediate level (1) 20,525 20,200 27,000 CT0022 Intermediate level (2) 24,403 25,625 27,000 CT0023 Senior level 30,785 30,000 36,000 CT0024 Expert level 34,775 33,000 53,000 CT0025 Software Dev. Team Lead Senior level 33,837 32,000 42,000 CT0026 Expert level 37,371 37,803 53,000 CT0027 Software Developer Junior level Diploma 17,694 18,000 22,000 CT0028 Junior level Degree 20,426 21,242 24,000 CT0029 Intermediate level (1) 24,476 24,000 30,000 CT0030 Intermediate level (2) 28,789 28,154 34,000 CT0031 Senior level 30,286 30,000 35,000 CT0032 Expert level 33,817 34,000 38,000 Page 5

6 Technology Talent CT0033 Security Analyst Intermediate level (1) 19,953 19,155 23,000 CT0034 Intermediate level (2) 31,443 31,106 35,000 CT0035 Expert level 35,774 37,000 42,000 CT0036 Software Tester Junior level Degree 18,000 17,750 22,000 CT0037 Intermediate level (1) 19,240 21,000 22,000 CT0038 Intermediate level (2) 22,320 23,000 25,000 CT0039 Web Developer Junior level Diploma 15,100 15,500 17,000 CT0040 Junior level Degree 16,920 17,000 18,000 CT0041 Intermediate level (1) 20,583 21,250 22,000 CT0042 Senior level 31,500 30,000 38,000 CT0043 NOC Junior level Degree 18,667 19,000 22,000 CT0044 Intermediate level (1) 23,144 21,000 30,000 CT0045 Intermediate level (2) 28,712 27,742 36,000 CT0046 1st Line Support Junior level Diploma 12,633 12,400 15,000 CT0047 Intermediate level (2) 18,090 19,500 23,000 CT0048 Expert level 22,476 23,618 30,000 CT0049 2nd Line Support Intermediate level (2) 28,531 30,000 34,000 CT0050 System Administrator Junior level Degree 18,112 18,000 19,000 CT0051 Intermediate level (1) 21,513 21,184 23,000 CT0052 Intermediate level (2) 25,222 25,502 27,000 CT0053 Senior level 36,348 36,000 38,000 CT0054 Product Manager Intermediate level (1) 23,567 24,000 26,000 The business imperative is having a full human resource management cycle based on clear competency and business information and requirements. This applies across industries and disciplines, and in particular to eskills, which are in continuous evolution in line with technology innovations and the integration of technology tools within business functions. In recognition of this, Government is making available a tool which describes the various eskills specialisations in an industry-supported language which is also internationally established. This language was utilised in this Salary survey by Castille Resources in describing a number of ICT roles in its questionnaires to participating companies. By using this tool, firms can benefit from bringing to the fore both the visible and invisible stock of competences within their business. This management information can enable a company to create more effective teams, execute objective recruitment and appraisal programmes, and/or focus the professional development budget into promising areas for new business growth. For more information about the Standards for ITalent contact the Alliance on eskillsalliance.mita@gov.mt Page 6

7 Senior Talent CE0001 CEO 100,934 96, ,000 CE0002 COO 73,793 60, ,000 CE0003 CFO 75,983 75, ,000 CE0004 CTO 58,610 62,000 75,000 CE0005 Chief Officer Risk Management 70,667 73,000 84,000 CE0006 Chief Officer - Legal and Compliance 54,750 47,500 81,000 CE0007 Chief Officer Financial Markets and Investments 98,000 81, ,000 CE0008 Chief Officer - Internal Audit 87,667 83, ,000 CE0010 Head of Commercial/Sales/Business 73,544 73, ,000 Development CE0011 Company Secretary 28,472 23,178 52,000 CE0012 HR Manager 41,290 41,446 50,000 CE0013 Head of Marketing 39,959 36,401 48,000 CE0014 Head of Operations 66,082 74,000 79,000 Junior level Diploma 0-1 year experience Junior level Degree 0-1 year experience Intermediate level (1) 2-4 years experience Intermediate level (2) 5-7 years experience Senior level 8-10 years experience Expert level 10 years + Page 7

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