STRATUM PARTNERSHIP SALARY SURVEY GUIDE UNITED ARAB EMIRATES 2013 1
Welcome to Stratum Partnership Salary Survey Guide 2012 CONTENTS. BANKING & FINANCE 3 Sales & Marketing 12-13 Risk & Compliance 4 HR 14-15 Wealth Management & Private Banking 5 Professional Office Support 16-17 Accountancy & Finance 6 IT 18-19 Accountancy & Finance 7 Legal 20 Technical 8 Regional Private Practice 21 Engineering 9 International Private Practice 22 Construction & Engineering 10 Magic Circle 23 Logistics & Supply Chain 11 In-House 24 2
BANKING & FINANCIAL SERVICES. 3
BANKING & FINANCIAL SERVICES. RISK & COMPLIANCE Role: Analysis / 0-2 years AVP / 2-5 years VP / 5-7 years Director / 7-10 years MD / 10+ years Market Risk Management 15,000 22,000 29,000 38,000 60,000 Market Risk Control 15,000 22,000 29,000 38,000 55,000 Investment / Portfolio Risk 17,000 23,000 28,000 37,000 60,000 Credit Analysis 15,000 22,000 27,000 38,000 55,000 Credit Risk Control 16,000 23,000 28,000 37,000 56,000 Operational Risk Management 15,000 23,000 29,000 36,000 55,000 Quantitative Risk Analysis 15,500 22,500 30,000 38,000 57,000 4
BANKING & FINANCIAL SERVICES. WEALTH MANAGEMENT & PRIVATE BANKING Role: Analysis / 0-2 years AVP / 2-5 years VP / 5-7 years Director / 7-10 years MD / 10+ years Private Banker 25,000 35,000 40,000 55,000 85,000 Investment Advisor 20,000 25,000 45,000 65,000 100,000 Product Specialist 20,000 25,000 35,000 50,000 75,000 Investment Analyst 20,000 30,000 45,000 60,000 85,000 Investment Strategist 15,000 30,000 45,000 60,000 85,000 Trader / Dealer 20,000 35,000 50,000 80,000 100,000 5
ACCOUNTANCY & FINANCE. 6
ACCOUNTANCY & FINANCE. Role: Analysis / 0-2 years AVP / 2-5 years VP / 5-7 years Director / 7-10 years MD / 10+ years CFO - - - 50,000 70,000+ Financial Director - - 40,000 45,000 60,000+ Financial Controller 20,000 25,000 30,000 40,000 50,000+ Finance Manager 20,000 23,000 30,000 35,000 45,000+ Finance Analyst 15,000 20,000 25,000 30,000 30,000+ Chief Accountant 18,000 25,000 30,000 35,000 40,000+ Financial Accountant 16,000 20,000 25,000 30,000 35,000+ Head of Internal Audit - - 30,000 40,000 45,000+ Internal Audit Manager - 25,000 30,000 35,000 40,000+ Internal Auditor 15,000 18,000 25,000 30,000 30,000+ 7
TECHNICAL. Engineering Supply Chain & Logistics Construction & Energy 8
TECHNICAL. ENGINEERING Role: Junior Mid-Level Senior-Level Manager Director / CEO (MNC). 75,000 95,000 Managing Director / CEO (SME). 60,000 80,000 General Manager (MNC) 40,000 55,000 70,000 General Manager (SME) 35,000 45,000 65,000 Technical Sales Manager 30,000 35,000 50,000 Sales Engineer 12,000 18,000 30,000 Operations Manager 25,000 35,000 45,000 Estimation Engineer 7,000 11,000 14,000 Technical Engineer 10,000 14,000 18,000 Engineering Manager 25,000 40,000 70,000 HSQE Manager 20,000 35,000 50,000 9
TECHNICAL. Construction & Energy Role: Junior Mid-Level Senior-Level Construction Director 50,000 65,000 75,000 Construction Manager 35,000 45,000 55,000 Project Manager 25,000 35,000 50,000 Quantity Surveyor 15,000 20,000 35,000 HSE Engineer 16,000 21,000 30,000 Civil Engineer 16,000 21,000 30,000 Architect 18,000 25,000 45,000 Technical Engineer 12,000 16,000 20,000 Project Controls Manager 25,000 35,000 55,000 Power Plant General Manager 40,000 55,000 70,000 10
TECHNICAL. Logistics & Supply Chain Role: Junior Mid-Level Senior-Level Director Retail - Buyer 8,000 16,000 26,000 35,000 Demand Planner 11,000 18,000 25,000 35,000 Supply Chain Manager 18,000 30,000 42,000 70,000 Warehouse Manager 15,000 19,000 30,000 35,000 Operations Manger 25,000 30,000 35,000 42,000 General Manager 28,000 35,000 48,000 72,000 Freight Forwarder 8,000 10,000 20,000 25,000 Transport Manager 18,000 25,000 35,000 40,000 Logistics Coordinator 8,000 15,000 18,000 24,000 Logistics Manager 15,000 20,000 28,000 35,000 11
SALES & MARKETING. 12
SALES & MARKETING. Role: Junior Mid-Level Senior Level Account Management 12,000 15,000 20,000 Key Account Manager 15,000 20,000 25,000 Business Development Manager 15,000 20,000 30,000 Brand Manager 12,000 18,000 22,000 Graphic Designer 12,000 15,000 18,000 Marketing Manager 20,000 25,000 35,000 Media Planner 18,000 25,000 35,000 PR/Events/Communications Executive 10,000 13,000 18,000 PR/Events/Communications Manager 18,000 25,000 35,000 PR/Events/Communications Director 35,000 43,000 50,000 Sales Executive 10,000 15,000 20,000 13
HR. 14
HR. Role: Junior Mid-Level Senior-Level HR Officer 10,000 15,000 18,000 Recruitment Specialist 15,000 25,000 45,000 Comp & Bens Specialist 20,000 30,000 45,000+ Learning & Development 15,000 30,000 45,000+ HR Business Partner 18,000 25,000 35,000+ HR Manager 25,000 35,000 45,000 HR Director 35,000 40,000 50,000 Group HR Director 45,000 50,000 55,000+ 15
PROFESSIONAL OFFICE SUPPORT. 16
PROFESSIONAL OFFICE SUPPORT. Role: Junior Mid-Level Senior-Level Executive Assistant 20,000 25,000 30,000 Personal Assistant 13,000 15,000 20,000 Administrator 12,000 14,000 15,000 Receptionist 10,000 13,000 16,000 Office Manager 15,000 20,000 24,000 Secretary 13,000 16,000 18,000 Legal Secretary 14,000 18,000 22,,000 Paralegal 14,000 17,000 20,000 17
IT. 18
IT. Role: Junior Mid-Level Senior-Level Databases 10,000 20,000 25,000 Programming 10,000 15,000 20,000 Web Master 12,000 15,000 20,000 SAP (PM) 25,000 30,000 40,000 Desktop / IT Support 10,000 15,000 20,000 Business Analyst 14,000 20,000 30,000 CIO 50,000+ - - Oracle Consultant 12,000 20,000 25,000 IT Manager 20,000 25,000 30,000 19
LEGAL. 20
LEGAL. Regional Private Practice Role: Junior Mid-Level Senior-Level 1-2 years PQE 20,000 25,000 30,000 3-4 years PQE 30,000 33,000 36,000 5-6 years PQE 38,000 43,000 50,000 7-8 years 50,000+ - - 21
LEGAL. International Private Practice Role: Junior Mid-Level Senior-Level 1-2 years PQE 30,000 33,000 38,000 3-4 years PQE 40,000 43,000 46,000 5-6 years PQE 47,000 50,000 55,000 7-8 years 60,000+ - - 22
LEGAL. Magic Circle Role: Junior Mid-Level Senior-Level 1-2 years PQE 32,000 35,000 38,000 3-4 years PQE 42,000 45,000 48,000 5-6 years PQE 49,000 53,000 57,000 7-8 years 60,000 65,000 75,000+ 23
LEGAL. In-House Role: Junior Mid-Level Senior-Level 1-2 years PQE 20,000 25,000 30,000 3-5 years PQE 30,000 35,000 45,000 6+ years PQE 45,000 55,000 60,000 Head of Legal 60,000 65,000 70,000+ 24