2015 ASIA SALARY SNAPSHOT

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "2015 ASIA SALARY SNAPSHOT"

Transcription

1 2015 ASIA SALARY SNAPSHOT LINKS INTERNATIONAL 1

2 CONTENTS 4 Introduction 6 Trending 20 Banking, Finance & Accounting 23 Sales & Marketing, Retail and FMCG 28 Human Resources, Secretarial & Administration 32 Temporary & Contract 34 Industrial 2 LINKS INTERNATIONAL LINKS INTERNATIONAL 3

3 Introduction Links International - Intelligent HR Solutions in Asia Established in 1999, Links is an industry leader in recruitment, payroll, human resources and business process outsourcing in Asia. Headquartered in Hong Kong, Links International has offices in Singapore, Shanghai, Beijing, Macau and Zhuhai and is fluent in English, Cantonese, Mandarin and Portuguese. Over the years we have helped various organisations across Asia identify and tackle complex human resource challenges Salary Snapshot Our 2015 Asia Salary Snapshot provides you with a concise overview of human resource and salary trends in Asia and explores what is motivating Asia professionals as we move into We would like to thank all of our candidates and clients who participated and made our 2015 Asia Salary Snapshot possible - your insights are crucial to ensuring we continue to provide you with expert knowledge of employment trends in Asia. 4 LINKS INTERNATIONAL LINKS INTERNATIONAL 5

4 TRENDING: Hunger for talent in Asia continues Entry and middle level talent harder to find During 2015, employers expect their staff levels to: Top 3 areas employers on average found hardest to recruit (percentage of employers): 43% increase % static % 35% 28% Entry to middle level Operations Entry to middle level Sales Entry to middle level Marketing 10% decrease 6 LINKS INTERNATIONAL LINKS INTERNATIONAL 7

5 Candidates ready to move Counter offers are long shots How likely are candidates to change jobs in the next 6 months: 48% likely to move Percentage of time counter offering a resigning employee retained the employee for more than 12 months: 27% neutral 35% 25% likely to stay 8 LINKS INTERNATIONAL LINKS INTERNATIONAL 9

6 Continuing short tenures Increasing office hours Percentage of candidates that had been in their role for less than 3 years: During 2014, employers stated overtime had: 32% increased 62% 55% remained static 13% decreased 10 LINKS INTERNATIONAL LINKS INTERNATIONAL 11

7 What drives bonuses? Not so flexible? Employers reported 2014 bonuses were dependent on (percentage of employers): Percentage of employers who do not use flexible staffing (eg, employment of part time staff, contractors, job sharing, interns): % 67% 50 58% 25 13% 9% 0 Employee Performance Employer Performance Guaranteed Bonus Other 12 LINKS INTERNATIONAL LINKS INTERNATIONAL 13

8 Room for improvement when on boarding Last of the expats in Singapore? Candidate satisfaction with their on-boarding experience when joining their current company: 53% satisfied Percentage of employers who would consider sponsoring an expat by location: % neutral % Hong Kong 48% China 44% Macau 18% Singapore 11% unsatisfied 14 LINKS INTERNATIONAL LINKS INTERNATIONAL 15

9 2014 salary increases reported by employers by location Expected 2015 salary increases reported by employers by location 16 LINKS INTERNATIONAL LINKS INTERNATIONAL 17

10 What moves candidates? What drives employment brand? Top 3 factors most likely to influence a candidate to move (by location): Top 3 factors employers thought were most important to their employment brand (by location): Rank Hong Kong Singapore China Macau Rank Hong Kong Singapore China Macau 1 Salary Salary Career Progression Salary 1 Company's Financial Health & Stability Company's Financial Health & Stability Career Path/Training & Development Available Salary & Benefits 2 Career Progression Manager/ Leadership Salary Career Progression 2 Career Path/Training & Development Available Career Path/Training & Development Available An Individual's "Fit" with this Company's Vision, Cultures & Values Career Path/Training & Development Available 3 Work/Life Balance Career Progression Work/Life Balance Work/Life Balance 3 Company's Products or Service Salary & Benefits Company's Financial Health & Stability Company's Financial Health & Stability 18 LINKS INTERNATIONAL LINKS INTERNATIONAL 19

11 Banking & Financial Services MARKET REVIEW AND TRENDS Hong Kong Similar to 2014, cost cutting initiatives will remain at the forefront this year as recruiting budgets continue to be scrutinized. As a result, employers are less flexible in candidate skill and ability compromises. The trend for outsourcing continues ever more with most financial institutions having now outsourced or off-shored the majority of their transactional functions to India or the Philippines to reduce operating costs. As a result, third party service provider recruitment will continue to increase (particularly in trade processing, fund administration and settlement processing). Continued skill shortage (particularly in front office roles) and the ever increasing cost of living in Hong Kong will perpetuate good quality candidates commanding premium compensation packages. Mid-level candidates (those with 3-5 years of professional experience) will continue to be most in demand in As a result of this particular skill shortage, we expect to see employers demonstrating the most compensation flexibility here. As cost control continues through the Banking sector, interim/temporary roles are likely to rise in As these roles do not impact headcount budget, employers are often able to pay a premium for this option, in order to entice permanent employees from competitors. Demand from buy-side and private banking clients has and will continue to remain high with language and technical skills being paramount. As with last year, we continue to see a general outflow at the Analyst 1 and Associate 2/3 level from investment banks into boutique firms in an attempt to secure a more flexible environment with better worklife balance. Asia headquartered banks are of particular note in terms of volume hiring of late. Since the lifting of the IPO suspensions in China, revenue generating roles have seen a sharp increase. Areas where we expect to see continued growth this year include collateral management, client on- boarding, compliance, equity derivatives, risk and compliance, investment banking DCM & corporate finance, third party service providers and wealth management. Singapore The talent shortage seen in the past few years will continue to cause challenges for employers in 2015, and with the introduction of the Fair Consideration Framework by the Ministry of Manpower in August this year, the challenge to find the right talent will become increasingly harder particularly for front office and Client Relationship Manager roles. This means if employers get the compensation package wrong, they will fail to attract the skills they need. Tax, Compliance and Risk Management positions will continue to increase in 2015, with premiums being paid for quality Candidates with 3-5 years experience. Salaries across the Banking & Financial Services are aligned more than ever and compensation packages on the whole will remain steady this year with moderate Investment Banking and Front Office bonuses expected. This alignment will further reduce Candidates playing financial institutions against one another on remuneration. Headcount budgets continue to be under focus and contract roles are likely to rise in As these roles do not impact headcount budget, employers are often able to pay a premium for this option, in order to entice permanent employees from competitors. Employers will continue to build out Singapore as their Operations and Technology hub for Asia in 2015 with an increasing number of transactional banking, commodities and trade processing roles being seen. As with Hong Kong, we are seeing more Candidates being open to non-permanent positions to gain the right exposure however, they are viewing this as very much a short term necessity and average length of time contracting is less than 1 year currently. This means that institutions are running out of time to convert contractors before they check out than previous years have seen. For more information, please contact Kieran Scally, Director at or call / Salary Index Note: All salary ranges are represented in terms of basic salaries exclusive of bonuses, stock options or other variable incentives. Salaries will vary depending on industry and location. 20 LINKS INTERNATIONAL LINKS INTERNATIONAL 21 B & F Position No. of years experience Hong Kong Salary (HKD) Singapore Salary (SGD) China Salary (RMB) Macau Salary (MOP) OPERATIONS Head of Operations K 13-24K N/A N/A Corporate Actions K 3-6K N/A N/A Income & Redemption K 3-6K N/A N/A Settlements K 3-6K N/A N/A MIDDLE OFFICE Head of Compliance K 13-29K N/A N/A Compliance K 5-13K N/A N/A Head of Risk K 16-29K N/A N/A Risk Analyst K 6-19K N/A N/A Head of Client Services K 10-16K N/A N/A Client Services Analyst K 3-10K N/A N/A Head of Fund Accounting K 13-23K N/A N/A Fund Accounting K 4-16K N/A N/A Change Management K 6-13K N/A N/A Client On-boarding K 5-13K N/A N/A Vendor Client Servicing K 4-7K N/A N/A FRONT OFFICE ECM, DCM K 5-12K N/A N/A PRIVATE WEALTH Private Banking Assistant K 3-8K N/A N/A ACCOUNTING Position No. of years experience Hong Kong Salary (HKD) Singapore Salary (SGD) China Salary (RMB) Macau Salary (MOP) Finance Director / CFO K 16-24K K N/A Financial Controller K 10-16K 40-80K N/A Finance Manager K 6-11K 30-60K N/A Financial Planning / K 6-11K 30-60K N/A Analysis Manager Accounting Manager K 6-8K 25-60K N/A Financial Analyst K 6-10K 15-30K N/A Financial Accountant K 4-7K 8-20K N/A Internal Audit Manager K 8-13K 25-50K N/A Tax Director K 16-24K 50-80K N/A Tax Manager K 8-13K 25-50K N/A Tax Accountant K 6-11K 8-20K N/A Treasury Manager K 10-16K 15-40K N/A Treasury Accountant K 6-8K 10-20K N/A

12 Sales & Marketing, Retail and FMCG MARKET REVIEW AND TRENDS HONG KONG The ongoing strong demand will continue in 2015 for Hong Kong sales and marketing professionals across the retail, hospitality, fast moving consumer goods (FMCG), telecommunications and professional services sectors with employers in the FMCG and retail sectors having particularly high expectations of candidates marketing skills. Luxury retail, electronics retail and FMCG industries have been particularly active in the demand for supply chain candidates as employers seek experienced procurement and supply chain professionals to support their Asia Pacific activities from Hong Kong bases. Consequently, Logistics, Sourcing and Merchandising candidates are being offered between 10% - 20% salary increases to move. We are observing a growing trend of retailers welcoming candidates with backgrounds not directly related to retail - a number of brands hired candidates from other customer service focused industries, e.g, airlines, hospitality. Experienced store managers and retail area managers in particular remain in strong demand and are receiving relatively significant increases in salary. The significant shift towards Online and E-Commerce continues with companies focusing their attentions to Customer Experience and Consumer Loyalty Program / CRM policies. As a result the demand for Digital Marketing and E-commerce professionals has increased in all industries and digital marketing and e-commerce candidates can expect to be offered 10% - 20% salary increases to move. Demand for Sales Directors, Business Development Manager/Directors and Account Manager/Directors was very strong in Q as employers build out there sales teams in order to ensure a strong start to Bilingual candidates with relevant industry experience will remain highly sought after and can expect more career opportunities. Candidates who not only offer a broad skill set, but who are commercially minded and results oriented can expect greater possibilities for career development. MACAU Macau continues to be one of the most demanding labour markets in Asia with 89% of respondents expecting business activity and permanent staff levels to increase in the next 12 months despite recent drops in gaming related statistics. The opening of new casino/hotel properties and new retailers in 2015 will continue to drive the demand for front-line sales staff in an already tight labour market. Experienced store managers and retail area managers are in particular demand and their salaries continue to increase due to a relatively tight pool of candidates. There continues to be significant turnover of candidates with 42% of Macau respondents having only been in their current role for less than 12 months. The demand of skilled Marketing professionals in all levels is expected to be high in 2015 across all industries. Macau employees are receiving relatively large percentage increases in salaries with nearly half of employees expecting year on year salary increases of 10% - 20% and increases in bonus. For more information, please contact Carolina Mendes, Managing Consultant at or call LINKS INTERNATIONAL LINKS INTERNATIONAL 23

13 SINGAPORE CHINA Ongoing strong demand for sales & marketing professionals in Singapore & South East Asia across the FMCG and Pharmaceutical and Life Sciences Sector will continue in Retail & Luxury had a strong first half of the year with demand in the retail sector slowing more in the second half of the year due to reduced spend from tourists. Employers continue to look actively for strong retail candidates for frontline positions with the tightening of restrictions in Singapore on S Pass meaning employers have had to be more flexible in their approach by looking at candidates whose experience in not directly related to retail, e.g. industries such as hospitality and travel. FMCG sector is responding to the need for new market penetration with increased product portfolio across different segments, this expansion is creating more opportunities across various verticals. There is an increasing need for sales & marketing professionals across business development and brand management. The Pharmaceutical & Biopharmaceutical sector has focused towards hiring of senior and mid-level regional marketing roles with specialized skills across specific target fields. Demand for digital marketing professionals will increase across FMCG, Retail & Luxury as social media continues to grow as a form of mainstream marketing and brands compete for consumer loyalty. Candidates with experience of e-commerce and candidates with a proven track record developing South East Asia in luxury and retail are particular valued as brands look to grow into emerging markets. The battle for talent continues with passive jobseekers with a stable background who have shown good career progression with regional experience in MNC in strong demand. Candidates are still mainly motivated by a competitive salary but there is a growing emphasis on the employer s brand, career development opportunities and the leadership of the company. The majority of sales & marketing candidates who changed jobs in the past twelve months received salary increments of 8-12% which has slowed down from previous years. Candidates who didn t move receiving a 3-6% increase from their companies. Bonuses for sales and marketing professionals are largely driven by individual and company performance with most employees bonuses up to 25% and only 20% of employees received bonuses above 25%. Retail candidates received approximately 10% to 18% salary increase. For 2015, retail candidates will continue to expect increments of 15% due to the shortage of good talent in the market. For more information, please contact Martin Hill, Head of Recruitment at linksinternational.com or call While top luxury retail brands continue to expand into the China market, light luxury is becoming more acceptable due to its market positioning and strategy. Cooperation between retailer / retail developer and identifying talent in 2nd and 3rd tier cities are becoming key issues as brands open new stores and explore new territories such as Southwest and Northwest China. Growth of the FMCG market continued to slow in China over the last 12 months as China s consumers become more tight-fisted with their money as growth of disposable income decreased. Local FMCG players grew faster than multinational brands the success ratio of local companies new premium goods tended to be 30 percent higher than those of multinationals as local players took advantage of a better understanding of local consumer demand. Online sales volumes have increased at significant rates in the past 12 months as Chinese shoppers behaviors change. Sales, marketing and retails positions most in demand included Store Managers, Marketing Directors, Marketing Managers, Brand Manager/ Senior Brand Managers, CRM Managers, Digital Marketing Managers, National Sales Directors, Sales Managers, E-commerce Sales Director/Manager roles. In particular, demand for Digital Marketing/ Client Relationship Management/Ecommerce professionals continues to exceed supply of candidates across all industries as online business in China continues to snowball. While candidates value competitive salary packages, there is a growing emphasis on having strong and transparent career development opportunities within a company as well as flexibility and a good work culture. In addition, candidates are becoming more cautious when making a decision to change employer which is making it harder for employers to attract good candidates. Candidates with international exposure, good language skills, local market knowledge, high energy levels and well-disciplined will continue to receive multiple offers and counter offers from their current employer. Frontline retail candidates actively headhunted in the past twelve months received salary increments of 20%-25% to incent them to move. Merit increases for candidates who remained in their role were approximately 10%-15%. Frontline retails positions were generally incentivized using base / commission remuneration splits of 60%-70% base and 40%-30% incentive. The majority of sales & marketing candidates who changed jobs in the past twelve months received salary increments of 20%-30% to incent them to move. For more information, please contact Ivy Lam, China Country Head & Director at or call LINKS INTERNATIONAL LINKS INTERNATIONAL 25

14 Salary Index Hong Kong SM, FMCG, RETAIL Position No. of years experience Hong Kong Salary (HKD) Singapore Salary (SGD) China Salary (RMB) Macau Salary (MOP) OPERATIONS General Manager K 15-20K K K+ Marketing Director K 10-15K K K Marketing Manager K 6.5-9K 30-50K 40-50K Marketing Executive K K 10-15K 20-25K CRM Manager K 6-10K 30-40K N/A Assistant CRM Manager K 3.5-5K 20-30K N/A Commercial Director K 9-12K K 65-85K Commercial Manager K 7-10K 40-80K 45-60K Business Development K 8-12K K 60-80K Director Business Development K 5.5-8K 40-60K 40-50K Manager Wholesale Director K K 60-80K 70-75K Wholesale Manager K 4.5-8K 30-60K 35-50K Brand Manager K 7-12K 20-27K 55-70K Assistant Brand Manager K K 15-20K 35-40K PR/ Communications Manager K 5-8K 25-35K 35-45K Merchandising Manager 8+ 55K+ 8K K K Senior Buyer K 4.5-8K 25-35K 45-55K Buyer K K 15-25K 35-40K Training Manager (Regional) K 6-10K 35-50K 40-50K Assistant Training Manager K 3.5-5K 20-30K 30-38K Design Manager K 7-8K 40-50K 40-50K Design Manager K 4-5.5K 20-30K N/A Demand Planning Manager K 7-8.5K 40-50K N/A Visual Merchandising Manager K 6-8K 35-50K 45-55K Visual Merchandiser K 4-5.5K 15-25K 30-35K Logistics Manager K N/A 25-35K 35-40K Assistant Logistics Manager K N/A 15-20K 30-35K RETAIL - SALES OPERATIONS LEVEL POSITION NO. OF YEARS EXPERI- ENCE HONG KONG MONTHLY SALARY (HKD) SINGAPORE MONTHLY SALARY (SGD) CHINA MONTHLY SALARY (RMB) MACAU MONTHLY SALARY (MOP) Assistant Shop K 2.5-4K 6-16K 20-28K Manager/Supervisor Store Manager K 4-5.5K 17-35K 35-45K Retail Operations K 5-7K 40-55K 45-60K Manager/Area Manager Sales Assistant 1-3 N/A N/A 4-6K 15-18K Note: All salary ranges are represented in terms of basic salaries exclusive of bonuses, stock options or other variable incentives. Salaries will vary depending on industry and location. 26 LINKS INTERNATIONAL LINKS INTERNATIONAL 27

15 MARKET REVIEW AND TRENDS Human Resources, Secretarial and Administration HONG KONG Human Resources, Administrative and Secretarial functions continue to dominate a leading position in the recruitment market. Due to the turbulent global economy, employers are becoming more prudent in hiring. Instead of adding on new headcount, employers are increasingly focusing on reducing staff turnover and promoting outperformance. Hong Kong employers are increasingly targeting young professionals who have less experience but large potential to grow in order to reduce salary spend. Retention and Career Development are still the hottest topic for HR functions across organization. In light of low unemployment rates (4%), human resources professionals are focusing on designing and implementing different retention strategies to minimize the turnover and increase employee bonding. There was significant increase in demand by new entrant businesses for experienced all-rounded office managers during the last two quarters of 2014 which is expected to continue into Human resources professionals who specialize in Compensation and Benefits, Payroll, Learning and Development and Mobility continue to be in demand across all industries. In order to support the mass sales talents within Retail, Insurance and Banking industries, Talent Acquisition and Resourcing Managers are becoming increasingly common positions in HR structures. Candidates with regional or China exposure possessing English and Chinese language skills are particularly valued as companies continue to expand to the PRC. Companies are taking longer in the interview process as employers seek talent with not only the right experience and skills, but also a cultural and motivational fit to support the company s long-term growth. Salaries are expected to increase between 4% and 10% during 2015 with candidates from the retail and professional services sector likely to have the highest salary increase. Companies are likely to offer year-end bonuses ranging from 1.5 to 2.5 months of base pay depending on individual and company performance. SINGAPORE Human Resources hiring over the last 12 months in Singapore has been positive with demand for HR professionals continuing to increase as businesses are demanding greater data and analytics in order to improve employee turnover, engagement and productivity. We expect to see more hiring within the banking & finance, legal, FMCG & pharmaceutical sector with replacement positions within retail & luxury. The number of Singapore companies willing to sponsor work passes for expats has reduced significantly, however, there is still demand at the senior end of the market especially for Compensation & Benefits, Talent Management and HR Director and VP of HR positions. Demand for senior level legal secretaries to Partners and Managing Partners in corporate and finance practice increased as investment projects picked up in the finance industry. Expansion of International law firms has also been generating demand for secretarial and support staff, in particular secretary to teams/ partners and office managerial positions. Demand for generalist HR Manager and HR Business Partners will remain constant in 2015 with increased demand for in-house Talent Acquisition specialists, Talent Management professionals and HRIS managers with Compensation & Benefits knowledge due to a shortage of good candidates in the market. Commercially focused HR Business Partners with APAC or SEA experience and experience in emerging markets with large MNC are always in demand. The EA & PA market has remained consistent however with fewer positions at the senior end of the market. One of main push factors for EA & PAs is too much personal work that extends to the executives family life. Similar to elsewhere in Asia, companies are taking longer in the Interview process as employers seek talent with not only the right experience and skills, but also a cultural and motivational fit to support the company s long-term growth - looking for candidates with a stable background and consistent career progression Across Asia we have seen the smallest salary increases in HR & Business Support positions in Singapore compared to other regional HQ s in Asia (Hong Kong & Shanghai) due to the slowing down of the economy. We anticipate that HRA professional salaries will increase in general by between 3-6% during For more information, please contact Annie Cheung, General Manager at linksinternational.com or call For more information, please contact Martin Hill, Head of Recruitment at linksinternational.com or call LINKS INTERNATIONAL LINKS INTERNATIONAL 29

16 Salary Index HRA Position No. of years experience Hong Kong Salary (HKD) Singapore Salary (SGD) China Salary (RMB) OPERATIONS HR Director/Regional HR Director K K K HR Manager/Regional HR Manager K K 20-40K Senior HR Officer/Assistant HR Manager K 4-6K 12-25K HR Executive K 3-4K 8-20K Regional Recruitment Officer/Recruitment K+ 4-8K 10-20K Officer Recruitment Manager/Regional Recruitment K K 20-50K+ Manager Regional Training Director K 10-18K 30-60K Training Manager K 6-10K 15-30K Training Officer K 3-5K 8-15K Regional Compensation & Benefits Manager/ K K 40-80K Director Compensation & Benefits Manager K 7-13K 20-40K Regional Organization Development Director K 15-18K 40-90K Organization Development Director K 11-15K 35-90K Regional Organization Development K 8-12K 18-30K Manager Organization Development Manager K 7-9K 20-40K Payroll Manager K K 12-25K Payroll Specialist K 3-5K 6-10K Visa/Immigration Manager K N/A N/A Visa/Immigration Specialist K N/A 9-18K Global Mobility Manager K 8-10K 20-40K Global Mobility Specialist K 3.5-5K 8-15K Customer Service/Call Centre Manager K N/A 20-40K Legal Recruitment Specialist K N/A N/A Knowledge and Information Manager K N/A N/A Senior Legal Secretary K 5-6K N/A Legal Secretary K 3-5K N/A Paralegal K N/A N/A Senior Paralegal K N/A N/A Legal Manager K N/A 18-40K Company Secretary K N/A 8-30K Office/Administration Manager K 5.5-8K 15-30K Facilities Officer/ Facilities Manager K+ N/A 15-40K Senior Administration Officer K+ N/A 7-15K Executive Assistant/ Personal Assistant to K+ 5-7K 15-30K Management Secretary/Team Secretary K 3-5K 10-30K Receptionist K K 4.5-8K Note: All salary ranges are represented in terms of basic salaries exclusive of bonuses, stock options or other variable incentives. Salaries will vary depending on industry and location. 30 LINKS INTERNATIONAL LINKS INTERNATIONAL 31

17 MARKET REVIEW AND TRENDS Temporary and Contract Despite most organizations tightening their recruitment budget, demand for temporary and contract staff candidates with excellent language skills, solid experience and a good attitude continues to grow. In particular, demand for human resources, administration, accounting, marketing, back and middle office banking operations and retail temporary and contract staff will be strong in As staff turnover continues to be a key challenge for Human Resource professionals, we are seeing a growing trend of employers hiring new employees on a temporary-to-permanent basis. This flexible approach gives a chance for both the employer and employee to assess job and cultural fit before making a commitment. In addition, employers are also using this approach to initially hire a top performing candidate while waiting on permanent headcount approval. While traditionally employers have tended to use temporary and contract staff for supporting positions, recently we have observed that a number of employers are now appointing Senior Management or Professional candidates under temporary and contract basis, e.g, Compliance, Legal. Retailers continue to face challenges recruiting Sales Talent or Seasonal Helpers and instead of recruiting internally are tending to appoint candidates on a temporary and contract basis. There has been greater willingness from candidates to consider temporary positions as a path to a permanent placement with a preferred employer or target industry. In addition, candidates are utilizing temporary and contract positions as an opportunity to work in a new field where they may lack directly transferable skills. Salary is no longer the sole evaluation factor for a candidate when deciding to make a job move. Candidates are emphasizing more and more the importance of a company s culture, training platform and management style when selecting their next employer. Salaries for temporary and contract staff will remain consistent between 2014 and Temporary candidates can expect salary increases of up to 25% when converting to permanent staff depending on the candidate s performance, previous permanent job salary and other market forces. For more information, please contact Annie Cheung, General Manager Recruitment, at or call Division 32 LINKS INTERNATIONAL LINKS INTERNATIONAL 33

18 INDUSTRIAL Salary Index SECTOR MARKET REVIEW AND TRENDS Employers are expecting static to low growth in the industrial sector with the focus of manufacturing shifting as the Government encourages investment into environmental protection, water conservation, and related infrastructure in Demand for sales and marketing talents continues to be strong as employers fight for market share by seeking to hire candidates with a proven record of contract and revenue generation. Candidates with solid product design and application knowledge and experience will continue to be in high demand as companies seek to leverage R&D functions to remain competitive. Demand for plant operation professionals and candidates in manufacturing engineering, lean and EHS remains strong as companies seek to improve their operation efficiency and reduce their environmental impact in order to compete in a competitive market and align with the Government s increasing focus on a sustainable economy. The majority of industrial sector candidates who changed jobs in the past twelve months received salary increments of 15-30% which has slowed down from previous years. Candidates who didn t move received less than 10% increments. Position OPERATIONS No. of years experience Hong Kong Salary (HKD) Singapore Salary (SGD) China Salary (RMB) Macau Salary (MOP) General Manager 15+ N/A N/A K N/A Plant Manager 12+ N/A N/A 35-90K N/A Operations Director 10+ N/A N/A K N/A Operations Manager 6+ N/A N/A 20-50K N/A Production Director 8+ N/A N/A 20-60K N/A Production Manager 6+ N/A N/A 15-30K N/A Manufacturing Manager 6+ N/A N/A 15-30K N/A Lean Director 8+ N/A N/A 35-80K N/A Lean Manager 5+ N/A N/A 15-40K N/A EHS Director 10+ N/A N/A 30-85K N/A EHS Manager 5+ N/A N/A 18-35K N/A Marketing Director 10+ N/A N/A 40-80K N/A Marketing Manager 5+ N/A N/A 18-35K N/A Sales Director 12+ N/A N/A 40-95K N/A Sales Manager 5+ N/A N/A 12-50K N/A Territory Manager 8+ N/A N/A 20-50K N/A Product Manager 8+ N/A N/A 18-40K N/A Program Director 12+ N/A N/A 40-80K N/A Program Manager 6+ N/A N/A 20-50K N/A Purchasing Director 10+ N/A N/A 35-80K N/A Supply Chain Director 10+ N/A N/A 35-80K N/A Sourcing Manager 5+ N/A N/A 15-40K N/A Logistics Manager 6+ N/A N/A 15-40K N/A Quality Director 10+ N/A N/A 35-80K N/A Quality Manager 6+ N/A N/A 15-35K N/A R&D Director 12+ N/A N/A K+ N/A Engineering Director 10+ N/A N/A 35-80K N/A Engineering Manager 5+ N/A N/A 15-35K+ N/A Note: All salary ranges are represented in terms of basic salaries exclusive of bonuses, stock options or other variable incentives. Salaries will vary depending on industry and location. For more information, please contact Ivy Lam, China Country Head & Director at or call LINKS INTERNATIONAL LINKS INTERNATIONAL 35

19 CONTACT US Website: HONG KONG OFFICE MainLine: Address: 20/F Wyndham Place, Wyndham Street, Central, Hong Kong CHINA OFFICES MainLine: Website: Address: 28/F, Room 2801, Chong Hing Financial Centre, 288 Nanjing West Road, Shanghai PRC Room 403, Building 1, No. 15 Guanghua Road Chaoyang District Beijing , PRC SINGAPORE OFFICE MainLine: (Payroll,Visa&BusinessSetupServices) (Recruitment Services) EA License: 09C5322 Address: 17 Hong Kong Street #03-01, Singapore MACAU OFFICE MainLine: Address: Avenida de Comercial de Macau, EDF, FIT Unit 8G, Macau ZHUHAI OFFICE MainLine: Address: Room 902, Yin Du Hotel, No Yuehai East Road, Gongbei, Zhuhai LINKS INTERNATIONAL LINKS INTERNATIONAL 37

20 38 LINKS INTERNATIONAL

How much are you worth? 2016 Asia Salary Snapshot

How much are you worth? 2016 Asia Salary Snapshot How much are you worth? Asia Salary Snapshot Links International 1 Contents 01 Who 02 We Are 06 Trending 10 03 Banking & Financial Services 26 04 Sales & Marketing, Retail and FMCG 30 05 Human Resources,

More information

increased demand for banks to help companies structure their finances. 2016 EXPECTATIONS

increased demand for banks to help companies structure their finances. 2016 EXPECTATIONS Thailand IT WAS A TRANSITIONAL YEAR FOR THAILAND IN 2015 AS COMPANIES FOCUSED ON DRIVING DOWN COSTS DUE TO THE GENERAL SLOWDOWN ACROSS SOUTH- EAST ASIA, HOWEVER RECRUITMENT WILL REMAIN BUOYANT IN 2016.

More information

ASIA DESTINATION FOR TALENT LEADING FROM THE FRONT

ASIA DESTINATION FOR TALENT LEADING FROM THE FRONT ASIA DESTINATION FOR TALENT LEADING FROM THE FRONT The 2014 Hays Asia Salary Guide CONTENTS 4 Market Overview & Trends 5 Introduction 6 Salary policy 12 Recruitment trends 18 Business/economic outlook

More information

HONG KONG 2014 SALARY & EMPLOYMENT FORECAST

HONG KONG 2014 SALARY & EMPLOYMENT FORECAST HONG KONG 2014 SALARY & EMPLOYMENT FORECAST CONTENTS Welcome 3 Market Overview 4 Finance 11 Financial Services 19 Human Resources 34 Legal 43 Marketing 54 Procurement & Supply Chain 64 Property & Construction

More information

CHINA SALARY GUIDE 2012

CHINA SALARY GUIDE 2012 CHINA SALARY GUIDE 2012 RECRUITMENT OUTSOURCING CONSULTING CONTENTS 4 Executive Overview 6 Introduction 8 Accounting and Finance 9 Automotive 11 Banking & Finance 14 Chemical 15 Consumer, Sales & Marketing

More information

THAILAND. Despite major political unrest in 2014, the labour market in Thailand remained buoyant.

THAILAND. Despite major political unrest in 2014, the labour market in Thailand remained buoyant. THAILAND Despite major political unrest in 2014, the labour market in Thailand remained buoyant. The national currency stabilised, unemployment stayed below 1%, and the general outlook for the Thai economy

More information

OVERALL, THE HONG KONG RECRUITMENT MARKET WAS POSITIVE IN 2015. when offered a significant increase in their remuneration package.

OVERALL, THE HONG KONG RECRUITMENT MARKET WAS POSITIVE IN 2015. when offered a significant increase in their remuneration package. Hong Kong OVERALL, THE HONG KONG RECRUITMENT MARKET WAS POSITIVE IN 2015. Although the cautious economic outlook led some businesses to adopt a more careful approach to adding new headcount during the

More information

Vietnam. companies and retailers might consider individuals with complementary FMCG experience whose skills can be refined internally.

Vietnam. companies and retailers might consider individuals with complementary FMCG experience whose skills can be refined internally. Vietnam 2015 WAS A POSITIVE YEAR FOR RECRUITMENT IN VIETNAM. STRONG LEVELS OF DEMAND WERE DRIVEN BY NEW BUSINESSES ENTERING THE MARKET, INCLUDING THE ARRIVAL OF MAJOR COMPANIES FROM AUSTRALIA, THE US AND

More information

Table of Contents. From the Managing Director Using the 2015 Robert Half Salary Guide The hiring landscape across Asia

Table of Contents. From the Managing Director Using the 2015 Robert Half Salary Guide The hiring landscape across Asia Salary Guide Table of Contents 3 4 5 6 9 9 11 15 17 20 20 22 25 27 30 30 33 38 39 41 41 From the Managing Director Using the Robert Half Salary Guide The hiring landscape across Asia Hiring outlook in

More information

TAIWAN 2014 SALARY & EMPLOYMENT FORECAST

TAIWAN 2014 SALARY & EMPLOYMENT FORECAST TAIWAN 2014 SALARY & EMPLOYMENT FORECAST Presented in association with The European Chamber of Commerce Taiwan CONTENTS SALARY & EMPLOYMENT FORECAST 2013/14 Welcome 3 Market Overview 4 Finance 11 Financial

More information

2015 WAS A MIXED YEAR FOR THE INDONE- SIAN RECRUITMENT MARKET.

2015 WAS A MIXED YEAR FOR THE INDONE- SIAN RECRUITMENT MARKET. Indonesia 2015 WAS A MIXED YEAR FOR THE INDONE- SIAN RECRUITMENT MARKET. A slowdown in growth, political challenges, a continuing failure to address critical infrastructure issues and a declining rupiah

More information

HONG KONG. We saw renewed confidence among employers and candidates in Hong Kong during 2014.

HONG KONG. We saw renewed confidence among employers and candidates in Hong Kong during 2014. We saw renewed confidence among employers and candidates in Hong Kong during 2014. New positions as well as replacement roles opened up in most areas although market optimism was tempered with a degree

More information

china 2014 Salary & EmploymEnt ForEcaSt

china 2014 Salary & EmploymEnt ForEcaSt CHINA 2014 Salary & Employment Forecast Contents Welcome 3 Market Overview 4 Engineering & Manufacturing 11 Finance 20 Financial Services 28 Human Resources 38 Legal 46 Marketing 56 Procurement & Supply

More information

Beijing Shanghai Suzhou

Beijing Shanghai Suzhou China Beijing Shanghai Suzhou THE RECRUITMENT MARKET IN CHINA GREW AT A CONSERVATIVE PACE IN 2015. WHILE COMPANIES WERE MORE CAUTIOUS ABOUT ADDING NEW HEADCOUNT, HIRING FOR REPLACEMENT-BASED AND STRATEGIC

More information

retail & sourcing 08/09 Salary & Employment Forecast

retail & sourcing 08/09 Salary & Employment Forecast retail & sourcing 08/09 Salary & Employment Forecast welcome Welcome to the 008/009 Michael Page Retail & Sourcing Salary & Employment Forecast for Greater China. Michael Page International is a world-leading

More information

2016 EXPECTATIONS 2015 INSIGHT

2016 EXPECTATIONS 2015 INSIGHT South Korea THE STRUCTURE OF THE SOUTH KOREAN JOBS MARKET HAS CHANGED SIGNIFICANTLY IN RECENT YEARS AS THE ENTRY OF MAJOR GLOBAL ORGANISATIONS HAS PLACED NEW DEMANDS ON THE LOCAL TALENT POOL. The dominance

More information

CHINA SALARY GUIDE 2015 1

CHINA SALARY GUIDE 2015 1 CHINA SALARY GUIDE 2015 1 morganmckinley.com.cn 2 MANAGING DIRECTOR S LETTER The majority (82%) of Mainland China s professionals have seen their annual salaries increase. However, these increases vary

More information

Hong Kong In-House Legal Salary Survey & Guide 2016

Hong Kong In-House Legal Salary Survey & Guide 2016 Hong Kong In-House Legal Salary Survey & Guide 2016 www.aquissearch.com Overview Throughout 2015 the Hong Kong legal market remained steady. We saw predominately replacement roles on offer from multinational

More information

THE HUDSON REPORT HONG KONG EMPLOYMENT AND HR TRENDS OCTOBER - DECEMBER 2011 FROM GREAT PEOPLE TO GREAT PERFORMANCE

THE HUDSON REPORT HONG KONG EMPLOYMENT AND HR TRENDS OCTOBER - DECEMBER 2011 FROM GREAT PEOPLE TO GREAT PERFORMANCE THE HUDSON REPORT EMPLOYMENT AND HR TRENDS OCTOBER - DECEMBER 2011 HONG KONG FROM GREAT PEOPLE TO GREAT PERFORMANCE INTRODUCTION The Hudson Report is an established and highly respected publication, based

More information

Kelly Services 2013 Salary Guide. Greater China

Kelly Services 2013 Salary Guide. Greater China Kelly Services 2013 Salary Guide Greater China Kelly Services, Inc. (NASDAQ: KELYA, KELYB) is a leader in providing workforce solutions. Kelly offers a comprehensive array of outsourcing and consulting

More information

HONG KONG October December 2004. The Hudson Report EMPLOYMENT & HR TRENDS

HONG KONG October December 2004. The Hudson Report EMPLOYMENT & HR TRENDS HONG KONG October December 2004 The Hudson Report EMPLOYMENT & HR TRENDS Introduction The Hudson Report has established a reputation as a key socioeconomic indicator in today s marketplace. It has been

More information

BELGIUM. 2014 was a year of recovery for Belgium.

BELGIUM. 2014 was a year of recovery for Belgium. BELGIUM 2014 was a year of recovery for Belgium. Confidence was reflected in increased hiring levels across a range of sectors including manufacturing, retail, services and even banking. Companies focused

More information

ROBERT WALTERS GLOBAL SALARY SURVEY 2015

ROBERT WALTERS GLOBAL SALARY SURVEY 2015 ROBERT WALTERS GLOBAL SALARY SURVEY 2015 CHINA In 2014 the Chinese Government implemented a shift away from pure manufacturing and infrastructure investment, and instead began to focus on hi-tech industry,

More information

Amsterdam Eindhoven Rotterdam

Amsterdam Eindhoven Rotterdam The Netherlands Amsterdam Eindhoven Rotterdam THE DUTCH RECRUITMENT MARKET WAS ON AN UPWARD TRAJECTORY IN 2015, FOLLOWING SEVERAL YEARS OF REDUCED GROWTH. WITH A MORE BUOYANT ECONOMY AND LOWER INTEREST

More information

2015 GREATER CHINA SALARY & EMPLOYMENT OUTLOOK 2015/16 AUSTRALIAN OUTLOOK 1 2015/16 AUSTRALIA SALARY & EMPLOYMENT OUTLOOK

2015 GREATER CHINA SALARY & EMPLOYMENT OUTLOOK 2015/16 AUSTRALIAN OUTLOOK 1 2015/16 AUSTRALIA SALARY & EMPLOYMENT OUTLOOK 2015 GREATER CHINA SALARY & EMPLOYMENT OUTLOOK SALARY & EMPLOYMENT 2015/16 AUSTRALIAN OUTLOOK 1 2015/16 AUSTRALIA SALARY & EMPLOYMENT OUTLOOK CONTENTS Click on the below headings to navigate to each section.

More information

GLOBAL TREND REPORT MARKETING 2015 OUTLOOK

GLOBAL TREND REPORT MARKETING 2015 OUTLOOK GLOBAL TREND REPORT MARKETING 015 2015 OUTLOOK A HIGHLY POSITIVE OUTLOOK FOR MARKETING PROFESSIONALS The Marketing discipline has been evolving rapidly over the past few years. The emphasis on digital

More information

CHINA S FINANCE INDUSTRY SALARY TRENDS AND TALENT RETENTION. A report by Hays and Zhaopin. hays.cn

CHINA S FINANCE INDUSTRY SALARY TRENDS AND TALENT RETENTION. A report by Hays and Zhaopin. hays.cn CHINA S FINANCE INDUSTRY SALARY TRENDS AND TALENT RETENTION A report by Hays and Zhaopin. hays.cn Introduction While economic growth slows in China s traditional business areas, financial institutions

More information

Randstad MENA Salary Survey 2016

Randstad MENA Salary Survey 2016 The Randstad MENA Salary Survey 2016 Based on salaries throughout the Middle East and North Africa With the oil prices at their lowest point since 2009, the Middle East is having to find strategic ways

More information

SInGaporE 2014 Salary & EmploymEnt ForEcaSt

SInGaporE 2014 Salary & EmploymEnt ForEcaSt SINGAPORE 2014 Salary & Employment Forecast welcome Welcome 3 Market Overview 4 Accounting & Finance 11 Engineering & Manufacturing 23 Financial Services 31 Healthcare & Life Sciences 45 Human Resources

More information

2015 Salary Report. About Gemini Personnel Limited

2015 Salary Report. About Gemini Personnel Limited 2015 Salary Report About Gemini Personnel Limited Established in in 1983, Gemini Personnel is a leading provider of human capital solutions with offices in, Shanghai, Beijing, Guangzhou, Bangkok and Singapore.

More information

SALARY SURVEY & GUIDE 2013

SALARY SURVEY & GUIDE 2013 LEGAL MARKET SALARY SURVEY & GUIDE 2013 HONG KONG WWW..COM INTRODUCTION GRMSearch is pleased to present its annual market review and salary survey for the financial year in Hong Kong. We aim to provide

More information

Asia and Thailand Reward Trends 2011-2012. 16 th March 2012 Thanwa Chulajata

Asia and Thailand Reward Trends 2011-2012. 16 th March 2012 Thanwa Chulajata Asia and Thailand Reward Trends 2011-2012 16 th March 2012 Thanwa Chulajata What we will cover Regional Market Snapshot Thailand Reward Trends Economic Indicators Pay Market Findings Participant Profile

More information

Kelly Services Thailand 2013/14 Salary Guide

Kelly Services Thailand 2013/14 Salary Guide Kelly Services Thailand 2013/14 Salary Guide Kelly Services, Inc. (NASDAQ: KELYA, KELYB) is a leader in providing workforce solutions. Kelly offers a comprehensive array of outsourcing and consulting services

More information

Helping our clients win in the changing world of work:

Helping our clients win in the changing world of work: Helping our clients win in the changing world of work: Recruitment Process: Why Outsource? A Manpower Insights Paper The future of RPO looks strong despite or perhaps aided by the current global recession.

More information

recruitment, for example. As we enter the second half of 2016, we expect hiring activity to increase as the market begins to stabilise.

recruitment, for example. As we enter the second half of 2016, we expect hiring activity to increase as the market begins to stabilise. Malaysia RECRUITMENT IN MALAYSIA WILL BEGIN CAUTIOUSLY IN 2016, ALTHOUGH WE ANTICIPATE HIGHER LEVELS OF ACTIVITY IN THE SECOND HALF OF THE YEAR. OVERALL, WE EXPECT TO SEE ONGOING DEMAND FOR SPECIALIST

More information

Best Practices of the Most Effective Workforce Management Solutions

Best Practices of the Most Effective Workforce Management Solutions White Paper Recruitment Process Outsourcing Best Practices of the Most Effective Workforce Management Solutions MSP or Contractor RPO? Today, organisations recognise that managing their contingent workforce

More information

Accountancy & Finance Salary Guide 2015 www.sigmar.ie

Accountancy & Finance Salary Guide 2015 www.sigmar.ie www.sigmar.ie Accountancy & Finance Salary Guide 2015 Sigmar Recruitment Sigmar Recruitment, established 2002, is a leading Irish recruitment services company with 15 specialist divisions across the entire

More information

michael page international Asia Pacifi c Global strength. regional expertise. local partnerships.

michael page international Asia Pacifi c Global strength. regional expertise. local partnerships. michael page international Asia Pacifi c Global strength. regional expertise. local partnerships. Your regional recruitment partner Michael Page International has been bringing the world s best employers

More information

2015 Salary Report. 2 nd Quarter 2015 Singapore. About Gemini Personnel Pte. Ltd.

2015 Salary Report. 2 nd Quarter 2015 Singapore. About Gemini Personnel Pte. Ltd. 2015 Salary Report About Gemini Personnel Pte. Ltd. Gemini Personnel Private Limited is Singapore s leading Recruitment Company with trained consultants handle a wide spectrum of hiring needs, including

More information

Accounting & Finance 2 0 1 5 S A L A R Y G U I D E

Accounting & Finance 2 0 1 5 S A L A R Y G U I D E Accounting & Finance AED (Gross monthly salaries excluding bonuses and education allowance, if applicable) Chief Financial Officer 75,000 55,000 90,000 Chief Accountant 18,000 14,000 22,000 Commercial

More information

HUDSON SALARY GUIDES 2015

HUDSON SALARY GUIDES 2015 Singapore HUDSON SALARY GUIDES 2015 Sales & Marketing about this publication This Salary Guide is a compilation of salary and market information provided by Hudson consultants, clients, candidates and

More information

RESOURCES FINANCEPROPERTY FINANCE PROPERTY TECHNOLOGY SUPPLY CHAIN SALES FINANCE MARKETING SUPPLY CHAIN LEGAL FINANCE LEGAL FINANCE FINANCE

RESOURCES FINANCEPROPERTY FINANCE PROPERTY TECHNOLOGY SUPPLY CHAIN SALES FINANCE MARKETING SUPPLY CHAIN LEGAL FINANCE LEGAL FINANCE FINANCE FINANCIAL SERVICES FINANCEPROPERTY FINANCE SALES & MARKETING SALES & MARKETING OIL & GAS SUPPLY MICHAEL PAGE OIL & GAS FINANCE FINANCIAL SERVICES HUMAN RESOURCES PROPERTY OIL PROCURMENT & SUPPLY CHAIN

More information

MARKET TRENDS & SALARY REPORT 1H 2015 HONG KONG

MARKET TRENDS & SALARY REPORT 1H 2015 HONG KONG MARKET TRENDS & SALARY REPORT 1H 2015 HONG KONG Contents Introduction 4 Hong Kong Market Overview Banking & Financial Services 6 Finance & Accounting 14 Sales & Marketing 16 Supply Chain & Procurement

More information

SOUTH AFRICA. It was a relatively good year for recruitment in South Africa.

SOUTH AFRICA. It was a relatively good year for recruitment in South Africa. SOUTH AFRICA It was a relatively good year for recruitment in South Africa. Market conditions improved compared to 2013, although the country continued to face a number of key challenges. During 2014,

More information

GLOBAL TREND REPORT HUMAN RESOURCES H1 JAN-JUN

GLOBAL TREND REPORT HUMAN RESOURCES H1 JAN-JUN GLOBAL TREND REPORT HUMAN RESOURCES H1 JAN-JUN GROUNDS FOR OPTIMISM IN 2014 In line with our commitment to keep professionals working in Human Resources functions up to date with employment and recruitment

More information

GLOBAL TREND REPORT HUMAN RESOURCES 2015 OUTLOOK

GLOBAL TREND REPORT HUMAN RESOURCES 2015 OUTLOOK GLOBAL TREND REPORT HUMAN RESOURCES 015 2015 OUTLOOK ECONOMIC GROWTH & ORGANISATIONAL CHANGE CREATING NEW OPPORTUNITIES By and large the market for human resources professionals has improved with the economic

More information

HONG KONG SALARY GUIDE

HONG KONG SALARY GUIDE HONG KONG SALARY GUIDE 2015 1 morganmckinley.com.hk 2 MANAGING DIRECTOR S LETTER The hiring market in Hong Kong has remained buoyant in 2014. The most active specialist disciplines across the market include

More information

Private Equity Origination. Private Equity Sales. Back Office Operational

Private Equity Origination. Private Equity Sales. Back Office Operational & Private Equity Origination Analyst 20,000 15,000 35,000 Associate 35,000 25,000 65,000 Vice President 55,000 35,000 90,000 Director 70,000 65,000 120,000 Managing Director 95,000 75,000 135,000 Head

More information

TAIWAN. The number of visitors to Taiwan from mainland China increased SUMMARY

TAIWAN. The number of visitors to Taiwan from mainland China increased SUMMARY TAIWAN SUMMARY Economic conditions improved in Taiwan in 2014. Throughout the year, domestic manufacturing (which accounts for 75% of GDP), increased due to improved international demand, as evidenced

More information

For the average Singaporean. Stingier employers adopt lean manpower mindset SALARY SURVEY 2016

For the average Singaporean. Stingier employers adopt lean manpower mindset SALARY SURVEY 2016 Stingier employers adopt lean manpower mindset Negotiating a big salary increase and getting a permanent post will be tricky this year as Singaporean companies err on the side of caution. For the average

More information

Recruitment forecasting. Employer branding. Sourcing strategies. Selection processes. Assessment methodologies. On boarding of new hires

Recruitment forecasting. Employer branding. Sourcing strategies. Selection processes. Assessment methodologies. On boarding of new hires hudson RPO ASIA pacific Recruitment Process Outsourcing Hudson RPO Asia Pacific is proud to be the winner of a number of industry rated awards including: HRO Today s Global Baker s Dozen List, 2010, 2011

More information

Asia Salary Guide 2011-2012. Reputation is everything

Asia Salary Guide 2011-2012. Reputation is everything Asia Salary Guide 2011-2012 Reputation is everything Contents Executive Summary... 3 Salary Tables Banking & Financial Services Market Overview... 4 Project Management & Business Analysis... 5 Senior Management...

More information

GLOBAL TREND REPORT PROJECT AND CHANGE 2015 OUTLOOK

GLOBAL TREND REPORT PROJECT AND CHANGE 2015 OUTLOOK GLOBAL TREND REPORT PROJECT AND CHANGE 015 2015 OUTLOOK REGULATORY & COMPLIANCE PROJECTS THE MAIN DRIVER OF DEMAND In line with our commitment to keep professionals working in the Project & Change discipline

More information

Headhunting Top Talent. Fast.

Headhunting Top Talent. Fast. Headhunting Top Talent. Fast. In A Snap Shot Search Solution Group is a National Recruiting and Executive Search firm serving top candidates and medium to large sized companies with exceptional speed,

More information

MALAYSIA. Recruitment in Malaysia remained buoyant across most sectors in 2014, with demand highest within banking and financial services.

MALAYSIA. Recruitment in Malaysia remained buoyant across most sectors in 2014, with demand highest within banking and financial services. MALAYSIA Recruitment in Malaysia remained buoyant across most sectors in 2014, with demand highest within banking and financial services. There was also active recruitment within commercial firms for finance,

More information

INDONESIA. As a result, demand for specialist skills outstripped supply. This was further impacted by high barriers to entry for overseas workers.

INDONESIA. As a result, demand for specialist skills outstripped supply. This was further impacted by high barriers to entry for overseas workers. INDONESIA SUMMARY Macroeconomics had a major impact on recruitment trends in Indonesia in 2014. The country s burgeoning middle class continued to spend its new found disposable income, driving a huge

More information

HONG KONG. The Hong Kong jobs market was affected by weak growth in China during the first half of 2013.

HONG KONG. The Hong Kong jobs market was affected by weak growth in China during the first half of 2013. The Hong Kong jobs market was affected by weak growth in China during the first half of 2013. A general mood of caution was reflected in the time taken to recruit professionals into roles, which went from

More information

BANKING - ASSET MANAGEMENT AND INVESTMENT

BANKING - ASSET MANAGEMENT AND INVESTMENT BANKING - ASSET MANAGEMENT AND INVESTMENT INVESTMENT BANKING / PRIVATE EQUITY - ORIGINATION ROLES Analyst 20,000 15,000 35,000 Associate 35,000 25,000 65,000 Vice President 55,000 35,000 90,000 Director

More information

GUIDE TO CHINA MARKET SALARIES 1 st quarter 2012

GUIDE TO CHINA MARKET SALARIES 1 st quarter 2012 METHODOLOGY J.M. Gemini s Guide to China market (the four main centres of Shanghai, Beijing, Shenzhen and Guangzhou) salaries is prepared from three main sources of information: An analysis of J.M. Gemini

More information

BRAZIL. 2013 was a slow year in Brazil with just over 2% GDP growth.

BRAZIL. 2013 was a slow year in Brazil with just over 2% GDP growth. BRAZIL 2013 was a slow year in Brazil with just over 2% GDP growth. Compared to 2012, however, Brazilian businesses were better able to anticipate market conditions and respond accordingly. As a result,

More information

JAPAN SALARY GUIDE 2015 1

JAPAN SALARY GUIDE 2015 1 JAPAN SALARY GUIDE 2015 1 morganmckinley.co.jp 2 MANAGING DIRECTOR S LETTER The majority (60%) of permanent employees who responded to the 2015 Morgan McKinley Salary Survey, say they have received an

More information

HARNHAM DATA & ANALYTICS SALARY GUIDE 2013 The definitive source of salary information for the UK Data & Analytics market

HARNHAM DATA & ANALYTICS SALARY GUIDE 2013 The definitive source of salary information for the UK Data & Analytics market HARNHAM DATA & ANALYTICS SALARY GUIDE 2013 The definitive source of salary information for the UK Data & Analytics market HARNHAM SALARY GUIDE 2013 - PAGE 2 SEEKING ROLES THIS YEAR SALARY GUIDE INTRODUCTION

More information

2015 INSIGHT BANKING & FINANCIAL SERVICES

2015 INSIGHT BANKING & FINANCIAL SERVICES Taiwan DESPITE SIGNS OF SOFTENING IN TAIWAN S ECONOMY DURING 2015, AND MODEST GROWTH FORECASTS FOR 2016, THE TAIWANESE RECRUITMENT MARKET REMAINED BUOYANT ACROSS BANKING, FINANCE, INFORMATION TECHNOLOGY

More information

Recruitment Process Outsourcing Methodology Statement

Recruitment Process Outsourcing Methodology Statement Recruitment Process Outsourcing Methodology Statement Contents An Overview... 3 Steps To Success The Components of an Outsourced Recruitment Process... 4 Why Use RPO?... 6 Why Consult Group?... 8 About

More information

SALARY GUIDE IN-HOUSE LEGAL. www.beathchapman.com

SALARY GUIDE IN-HOUSE LEGAL. www.beathchapman.com SALARY GUIDE IN-HOUSE LEGAL MARKET REVIEW In-House Legal BeathChapman is pleased to announce that the outlook for 2015 is more positive based on recent financial predictions and market signals. Despite

More information

Recruitment Process: Why Outsource?

Recruitment Process: Why Outsource? Recruitment Process: Why Outsource? Open House November 2010 Think differently about work. John Loukas Manpower Business Solutions Director 2 RPO - Agenda RPO Overview - Definition RPO as a Talent Acquisition

More information

Tax Market Report 2013-2014. Executive Search and Selection Market Intelligence & Research Remuneration Studies Talent Mapping Career Management

Tax Market Report 2013-2014. Executive Search and Selection Market Intelligence & Research Remuneration Studies Talent Mapping Career Management Tax Market Report 2013-2014 Executive Search and Selection Market Intelligence & Research Remuneration Studies Talent Mapping Career Management Jon Michel Executive Search ABN 75 068 366 101 www.jmes.com.au

More information

GLOBAL TREND REPORT SPECIALIST FINANCE H1 JAN-JUN

GLOBAL TREND REPORT SPECIALIST FINANCE H1 JAN-JUN GLOBAL TREND REPORT SPECIALIST FINANCE 014 H1 JAN-JUN A MIXED GLOBAL OUTLOOK FOR HIRING ORGANISATIONS AND CANDIDATES In line with our commitment to keep professionals working in Specialist Finance functions

More information

ASIA S TALENT GAP SALARY AND RECRUITING INSIGHTS TO BRIDGE THE DIVIDE

ASIA S TALENT GAP SALARY AND RECRUITING INSIGHTS TO BRIDGE THE DIVIDE ASIA S TALENT GAP SALARY AND RECRUITING INSIGHTS TO BRIDGE THE DIVIDE The 2015 Hays Asia Salary Guide CONTENTS 4 Market Overview & Trends 5 Introduction 6 Salary Policy 12 Recruitment Trends 17 Employer

More information

GLOBAL TREND REPORT IT DEVELOPMENT & TESTING 2015 OUTLOOK

GLOBAL TREND REPORT IT DEVELOPMENT & TESTING 2015 OUTLOOK GLOBAL TREND REPORT IT DEVELOPMENT & TESTING 015 2015 OUTLOOK MOBILE & DIGITAL TECHNOLOGIES AND ANALYTICS DRIVING DEMAND In line with our commitment to keep professionals working in the IT Development

More information

CHINA. Robert Walters Global Salary Survey 2014 299

CHINA. Robert Walters Global Salary Survey 2014 299 SALARY SURVEY 2014 CHINA The economy remained on track in China during 2013, as a quick recovery from the summer s credit crunch contributed to GDP growth of 7.8% for the third quarter. We re also likely

More information

SINGAPORE. 2013 was a challenging year for certain sectors of the Singaporean job market.

SINGAPORE. 2013 was a challenging year for certain sectors of the Singaporean job market. SINGAPORE 2013 was a challenging year for certain sectors of the Singaporean job market. We saw increased offshoring among foreign financial institutions, opting for lower-cost shared service centres in

More information

2016 ASIA PACIFIC HIGH TECH TOTAL REMUNERATION DATABASE

2016 ASIA PACIFIC HIGH TECH TOTAL REMUNERATION DATABASE HEALTH WEALTH CAREER 2016 ASIA PACIFIC HIGH TECH TOTAL REMUNERATION DATABASE THE LEADING SOURCE OF COMPETITIVE PAY INFORMATION FOR THE HIGH TECH INDUSTRY WWW.IMERCER.COM/TRD 2 WANT TO UPGRADE YOUR COMPENSATION

More information

Ireland HUDSON SALARY GUIDES 2015

Ireland HUDSON SALARY GUIDES 2015 Ireland HUDSON SALARY GUIDES 2015 ABOUT THIS PUBLICATION This Salary Guide is a compilation of salary and market information provided by Hudson consultants, clients, candidates and other sources in Ireland.

More information

Salary Index - Hong Kong 2012

Salary Index - Hong Kong 2012 Salary Index - Hong Kong 2012 1. Accounting & Finance Copyright 1998-2012 Classified Post South China Morning Post. All Rights Reserved. 2. Accounting & Finance Investment Bank 3. Administration 4. Advertising

More information

Report 015 Retention. Life Working Series 2015

Report 015 Retention. Life Working Series 2015 Report 015 Retention Life Working Series 2015 1 1. Introduction Understanding the length of time employees remain with a company and the drivers of retention. The latest report in our Life Working series

More information

Vocabulary list Business English I

Vocabulary list Business English I Unit 1 Management (co-)founder consultant market value objective performance promotion public sector resources revenue shareholder skill staff subordinate target to accomplish to allocate to execute to

More information

2012Finance & Accounting

2012Finance & Accounting SALARY GUIDE 2012Finance & Accounting 2012 Salary Guide Finance & Accounting Asia Table of Contents From the Managing Director 1 Using the Salary Guide 2 Signs it s time to hire 3 Hiring landscape in Asia

More information

Employment & Salary Guide 2016 Asia Edition

Employment & Salary Guide 2016 Asia Edition Employment & Salary Guide 2016 Asia Edition ASIA Introduction We decided to push the parameters of our employment guide and looked into not only salaries across the region but also long term incentives,

More information

career legal Market Review

career legal Market Review career legal Market Review & Salary Survey 2013 introduction Welcome to the Career Legal Market Review and Salary Survey for 2013. Following a turbulent time across the industry over the last few years

More information

Sales & Marketing Salary Guide 2015 www.sigmar.ie

Sales & Marketing Salary Guide 2015 www.sigmar.ie www.sigmar.ie Sales & Marketing Salary Guide 2015 Sigmar Recruitment Sigmar Recruitment, established 2002, is a leading Irish recruitment services company with 15 specialist divisions across the entire

More information

GLOBAL TREND REPORT TAX H1 JAN-JUN

GLOBAL TREND REPORT TAX H1 JAN-JUN GLOBAL TREND REPORT TAX 014 H1 JAN-JUN STRONG MOMENTUM IN UK & IRELAND In line with our commitment to keep professionals working in the Tax discipline up to date with employment and recruitment trends,

More information

HUDSON SALARY GUIDES 2015

HUDSON SALARY GUIDES 2015 Singapore HUDSON SALARY GUIDES 2015 Financial Services about this publication This Salary Guide is a compilation of salary and market information provided by Hudson consultants, clients, candidates and

More information

Salary & Employment Forecast HONG KONG 2014

Salary & Employment Forecast HONG KONG 2014 Salary & Employment Forecast HONG KONG 2014 legal Market Analysis Recruitment Activity Strength of current hiring activity compared to the last 12 months Expectation of a professional skills shortage in

More information

Services Provided. PO Box 5057 Amman 11953, Jordan Telefax: + 962 6 585 12 19 info@shareek-hr.com www.shareek-hr.com

Services Provided. PO Box 5057 Amman 11953, Jordan Telefax: + 962 6 585 12 19 info@shareek-hr.com www.shareek-hr.com At a time when service-oriented businesses are fast outnumbering all other types of businesses, more and more organisations are citing human resources as their number one asset. Having said that, it only

More information

drake international Network of services

drake international Network of services drake international Network of services Contents 2 Introducing Drake 3 Drake s Service and Solution Lines 3 Recruitment Services Lines 4 Specialist Assessments and Technologies 5 Knowledge Management,

More information

Employment Outlook and Salary Guide 2011/12

Employment Outlook and Salary Guide 2011/12 Employment Outlook and Salary Guide 2011/12 A TOOL FOR WORKFORCE PLANNING RECRUITMENT OUTSOURCING CONSULTING CONTENTS 4 Executive Overview 6 Introduction 8 BFSI 11 Education 12 Engineering 15 FMCG 16 ITES

More information

Organization and Operations. Metric Name Formula Description

Organization and Operations. Metric Name Formula Description Metric List Organization and Operations *Revenue Factor Revenue / Regular FTE Revenue per FTE. Workforce s Revenue Factor Revenue / Workforce On Payroll FTE Revenue per FTE (including all regular employees

More information

KELLY SERVICES HONG KONG 2014 SALARY GUIDE

KELLY SERVICES HONG KONG 2014 SALARY GUIDE KELLY SERVICES HONG KONG 2014 SALARY GUIDE Kelly Services, Inc. (NASDAQ: KELYA) (NASDAQ: KELYB) is a leader in providing workforce solutions. Kelly offers a comprehensive array of outsourcing and consulting

More information

Salary Survey Ireland

Salary Survey Ireland 2006 Salary Survey Ireland Introduction Welcome to the Hudson Ireland Salary Survey 2006. The latest economic study in Ireland has highlighted that Ireland will remain the fastest-growing economy in the

More information

MARKET REVIEW & SALARY SURVEY 2014

MARKET REVIEW & SALARY SURVEY 2014 INTRODUCTION GRMSearch is pleased to present its annual market review and salary survey for the financial year in the People s Republic of China (the PRC). We aim to provide our clients and candidates,

More information

RPO ASIA RECRUITMENT PROCESS OUTSOURCING. Baker s Dozen. Customer Satisfaction Ratings RPO PROVIDERS 2010 Winner

RPO ASIA RECRUITMENT PROCESS OUTSOURCING. Baker s Dozen. Customer Satisfaction Ratings RPO PROVIDERS 2010 Winner RPO ASIA RECRUITMENT PROCESS OUTSOURCING Baker s Dozen Customer Satisfaction Ratings RPO PROVIDERS 2010 Winner Hudson RPO Asia is proud to be the winner of a number of industry rated awards including:

More information

Today s Ecommerce Talent. The changing nature of the ecommerce and multichannel talent pool in the UK

Today s Ecommerce Talent. The changing nature of the ecommerce and multichannel talent pool in the UK Today s Ecommerce Talent The changing nature of the ecommerce and multichannel talent pool in the UK Multichannel is now a way of life for many retail businesses. With that shift in the business model,

More information

Securing the best real estate professionals for your business

Securing the best real estate professionals for your business Securing the best real estate professionals for your business The power of people Offices globally About Cobalt Recruitment Cobalt Recruitment was set up in London over a decade ago to provide specialist

More information

NEW ZEALAND 2014/15 FORECAST ESFINANCEMARKETINGOFFICESUPPORTPROCUREMENT&SUPPLYCHAINPROPERTY&CONSTRU

NEW ZEALAND 2014/15 FORECAST ESFINANCEMARKETINGOFFICESUPPORTPROCUREMENT&SUPPLYCHAINPROPERTY&CONSTRU NANCEMARKETINGOFFICESUPPORTPROCUREMENT&SUPPLYCHAINPROPERTY&CONSTRUCTIO ESFINANCEMARKETINGOFFICESUPPORTPROCUREMENT&SUPPLYCHAINPROPERTY&CONSTRU SALESFINANCEMARKETINGOFFICESUPPORTPROCUREMENT&SUPPLYCHAINPROPERTY&CONS

More information

STRATEGIC WORKFORCE PLANNING LATEST TRENDS AND LEADING PRACTICE EXAMPLES

STRATEGIC WORKFORCE PLANNING LATEST TRENDS AND LEADING PRACTICE EXAMPLES STRATEGIC WORKFORCE PLANNING LATEST TRENDS AND LEADING PRACTICE EXAMPLES BERLIN, 21 MAY 2015 Julia Howes Mercer Workforce Analytics & Planning A WORKFORCE TSUNAMI IS APPROACHING COPYRIGHT MERCER 2015 STRATEGIC

More information

2015 Salary Report. 2 nd Quarter 2015 China. About J.M. Gemini Personnel Ltd.

2015 Salary Report. 2 nd Quarter 2015 China. About J.M. Gemini Personnel Ltd. 2015 Salary Report About J.M. Gemini Personnel Ltd. J.M. Gemini is one of China s leading recruitment companies with trained consultants operating from offices in Shanghai, Beijing, Shenzhen and Guangzhou.

More information

Salary Survey 2014. legal talent

Salary Survey 2014. legal talent Salary Survey 2014 legal talent legal talent Welcome to the 2014 edition of enl Legal s annual salary survey. This has been compiled using results gathered from a comprehensive national survey of law firms

More information

CCP Recruitment 2015 Salary Survey

CCP Recruitment 2015 Salary Survey CCP Recruitment 2015 Salary Survey Technical & Engineering 2 Pharmaceutical & Medical Devices 3 Accountancy Industry & Support 4 Office Administration 4 Human Resources & Training 5 Supply Chain 6 Information

More information

Office 204 Building 1, Dubai Internet City P.O. Box 26359, Dubai, United Arab Emirates T: +971 4 3910460 E: info@manpower-me.

Office 204 Building 1, Dubai Internet City P.O. Box 26359, Dubai, United Arab Emirates T: +971 4 3910460 E: info@manpower-me. Office 204 Building 1, Dubai Internet City P.O. Box 26359, Dubai, United Arab Emirates T: +971 4 3910460 E: info@manpower-me.com W: ManpowerGroup Global Vision We lead in the creation and delivery of innovative

More information