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Indonesia
Salary Benchmark 2018
Worldwide leaders in specialist recruitmentwww.michaelpage.co.id
Worldwide leaders in specialist recruitmentwww.michaelpage.co.id
Worldwide leaders in specialist recruitment
Top industries
By the numbers*
average time employers take to secure talent
average number of candidates employers interview before making a job offer
of interviews typically undergone by candidate with a company before securing a position
SALARYBENCHMARK
2018
*These employment trends are based on the Michael Page database in the last 12 months.
Overall outlookDriven in particular by domestic consumption and investments, Indonesia is once again anticipating a positive economic outlook in 2018, with macroeconomic indicators looking strong. The World Bank upgraded Indonesia’s rating for ease of doing business by 19 points in 2017, while according to the World Economic Forum’s Global Competitiveness Index 2017-2018, Indonesia ranked 36th out of 137 surveyed countries in terms for global competitiveness. It is hoped that continued stability and infrastructure improvements, plus the upcoming Asian Games held in Jakarta and Palembang from August this year, will translate to positive business sentiment throughout the year.
Key trends• Significant growth in the industrial and manufacturing space, both in
the capital city Jakarta, as well as tier two and three regions. There has been strong growth from local conglomerates, demanding mid-to-senior level management, typically talent sourced from MNCs, in a bid to further modernise and develop Indonesia’s family owned businesses.
• Particularly encouraging has been the strength of home-grown employment: 85% of the placements in 2017 were Indonesian passport holders, and there continues to be a strong desire to bring Indonesians into key positions. The Returning Indonesians programme, Membangun Negeri (or ‘Building a Nation’) has enjoyed a lot of success in bringing people back to Indonesia, with demand in particular in high quality graduates from fields including sales and marketing, technology as well as across more senior management.
• Human Resources continues to grow as a discipline, as companies prioritise more sustainable growth plans. Logistics is seen as another area key for growth in 2018, while Marketing professionals are in strong demand – although there remains a candidate shortage in this area.
A business-friendly Indonesia looks to a bright 2018
1-4 months
4 professionals
3 rounds
“Overall we’re expecting continued growth again in Indonesia across most markets. Most sectors are seeing strong growth, with the only exception being more traditional retail. Digital, technology and e-commerce are still showing an upward trend: the burgeoning e-commerce space has enjoyed a boom over the past two years. While this spike in demand may cool down, we anticipate the need for upskilling in key positions. Technology is growing quickly too, with a strong demand for talent ranging from programmers to CIO-level.”
Olly Riches, Managing Director, Michael Page Indonesia
IndonesiaMarket Insights
Agriculture
Logistics
Manufacturing
FinTech
www.michaelpage.co.id
Roles in demand Top industries
*These employment trends are based on Michael Page’s database in the last 12 months.
By the numbers*
Employment trends*
average number of candidates employers interview before
making a job offer
average time employers take to secure talent
of interviews typically undergone by candidate with a company
before securing a position
$
average salary increase when moving jobs
Worldwide leaders in specialist recruitment
SALARYBENCHMARK
2018
IndonesiaDigital
www.michaelpage.co.id
“In 2018, digital candidates with Silicon Valley or other international experience will be in high demand. We’ll also see an increase in new roles from local companies across all digital functions.”
Technology
Consultancies
Local Conglomerates
Banks & Insurance Firms
• Product Managers
• Developers
• Project Managers
26-30%
4 professionals 1-4 months 3 rounds
Salary Tables
SALARYBENCHMARK
2018 Digital
AgencySALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
SEO / SEM Executive 91 156 124
SEO / SEM Manager 195 260 228
SEO / SEM Director 286 520 403
Affiliates Manager 325 520 423
Advertising Operations Manager 286 520 403
In-houseSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Online / Digital Marketing Manager 195 780 488
Content Production Manager 195 325 260
Online Product Manager 195 650 423
Director / Head of Digital 585 1,105 845
Social Media Executive 91 156 124
Social Media Manager 91 520 306
SEO / SEM Executive 91 156 124
User Experience Specialist 195 325 260
e-Commerce Manager 325 650 488
Director / Head of e-Commerce 650 1,300 975
Partnership Manager 325 520 423
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash), excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in these figures. Refer to our online version at https://www.michaelpage.co.id/salary-guide
www.michaelpage.co.idWorldwide leaders in specialist recruitment
Roles in demand Top industries
*These employment trends are based on Michael Page’s database in the last 12 months.
$average salary increase when moving jobs
By the numbers*
Employment trends*
average number of candidates employers interview before
making a job offer
average time employers take to secure talent
of interviews typically undergone by candidate with a company
before securing a position
Worldwide leaders in specialist recruitment
SALARYBENCHMARK
2018
IndonesiaEngineering & Manufacturing
www.michaelpage.co.id
“We see positive momentum for Engineering and Manufacturing roles in 2018. The FMCG sector has seen positive trends, while Oil & Gas are recovering. Business-to-business companies are growing, and
investments are increasing in East Java.”
FMCG
Agri-business
Chemical
Packaging
• Manufacturing managers
• Quality managers
• Maintenance managers
increase in number of positions in the last 12 months
55% 21-25%
4 professionals 1-4 months 3 rounds
Salary Tables
SALARYBENCHMARK
2018 Engineering & Manufacturing
Research & DevelopmentSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Design Engineer 104 156 130
Application Engineer 195 234 215
Senior Design Engineer 260 325 293
Senior Application Engineer 325 455 390
Engineering Manager 195 520 358
Engineering Director 910 1,430 1,170
Production/ManufacturingSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Production Engineer 78 195 137
Production Engineering Manager 195 520 358
Quality Control/AssuranceSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Quality Engineer 78 104 91
Senior Quality Engineer 117 156 137
Quality Manager 195 455 325
Quality Director 650 910 780
Project/Program ManagementSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Project Manager 325 416 371
Senior Project Manager 455 480 468
Project/Program Director 975 1,300 1,138
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash), excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in these figures. Refer to our online version at https://www.michaelpage.co.id/salary-guide
www.michaelpage.co.idWorldwide leaders in specialist recruitment
Roles in demand Top industries
*These employment trends are based on Michael Page’s database in the last 12 months.
$average salary increase when moving jobs
By the numbers*
Employment trends*
average number of candidates employers interview before
making a job offer
average time employers take to secure talent
of interviews typically undergone by candidate with a company
before securing a position
Worldwide leaders in specialist recruitment
SALARYBENCHMARK
2018
IndonesiaFinance & Accounting
www.michaelpage.co.id
“In 2018, there will be an increase in demand for senior-level finance and accounting roles, particularly in the property and mining industries. We foresee high levels of turnover in the upcoming year due to market
conditions.”
Industrial
E-commerce
FMCG
Logistics
• Financial/business analysts
• Finance, accounting and tax managers
• Financial/business controllers and business partners
increase in number of positions in the last 12 months
17% 21-25%
4 professionals 1-4 months 3 rounds
Salary Tables
SALARYBENCHMARK
2018 Finance & Accounting
GeneralSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Accountant 150 240 195
Tax Accountant 160 250 205
Financial Accountant 200 280 240
Cost Accountant 200 280 240
Senior Tax Accountant 250 390 320
Group Accountant – Consolidation 420 660 540
Financial/Business Analyst 250 390 320
Senior Financial Analyst 390 520 455
Finance Manager (Small/Medium Organisation) 330 650 490
Finance Manager (Shared Services Centre) 650 800 725
Finance Manager (Large Organisation) 650 850 750
Senior Finance Manager (Small/Medium Organisation) 650 850 750
Senior Finance Manager (Shared Services Centre) 800 1,050 925
Senior Finance Manager (Large Organisation) 800 1,050 925
Costing Manager 390 550 470
Financial & Planning Analysis Manager 500 650 575
Financial Controller (Small/Medium Organisation) 650 850 750
Financial Controller (Large Organisation) 800 1,050 925
Finance Director 1,300 2,000 1,650
Chief Financial Officer 2,500 3,250 2,875
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash), excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in these figures. Refer to our online version at https://www.michaelpage.co.id/salary-guide
www.michaelpage.co.idWorldwide leaders in specialist recruitment
Salary Tables
SALARYBENCHMARK
2018
SpecialistSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Treasury Analyst 150 250 200
Internal Auditor 250 350 300
Senior Internal Auditor 350 450 400
Corporate Finance Manager 450 600 525
Treasury Manager 450 600 525
Internal Audit Manager 450 600 525
Tax Manager 520 780 650
Corporate Finance Director 1,300 2,000 1,650
Treasury Director 750 1,300 1,025
Internal Audit Director 750 1,300 1,025
Tax Director 750 1,300 1,025
Head of Tax 700 900 800
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash), excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in these figures. Refer to our online version at https://www.michaelpage.co.id/salary-guide.
Finance & Accounting
www.michaelpage.co.idWorldwide leaders in specialist recruitment
Roles in demand Top industries
*These employment trends are based on Michael Page’s database in the last 12 months.
$average salary increase when moving jobs
By the numbers*
Employment trends*
average number of candidates employers interview before
making a job offer
average time employers take to secure talent
of interviews typically undergone by candidate with a company
before securing a position
Worldwide leaders in specialist recruitment
SALARYBENCHMARK
2018
IndonesiaFinancial Services
www.michaelpage.co.id
“2018 will bring high demand for financial services candidates. Talent wars will still be a key issue to be addressed in this sector, and strong succession planning is on the agenda for most of the big players.”
Banking
Fintech
Insurance
Securities & Asset Management
• Risk and compliance professionals
• IT
• Analysts
increase in number of positions in the last 12 months
10% 31-35%
4 professionals 1-4 months 3 rounds
Salary Tables
SALARYBENCHMARK
2018 Financial Services
Regulatory FinanceSALARY RANGE (IDR IN MIL) BONUS (%)
ROLE MIN MAX AVERAGE LOW MEDIUM HIGH
Analyst 130 260 195 10% 25% 30%
Associate / Assistant Vice President 260 780 520 10% 25% 30%
Vice President 780 1,040 910 10% 25% 30%
Executive Director 1,040 1,300 1,170 10% 25% 30%
Managing Director/Head 1,300 2,600 1,950 10% 25% 30%
Product ControlSALARY RANGE (IDR IN MIL) BONUS (%)
ROLE MIN MAX AVERAGE LOW MEDIUM HIGH
Analyst 130 195 163 10 20 30
Associate / Assistant Vice President 195 260 228 10 20 30
Vice President 260 390 325 10 20 30
Executive Director 390 520 455 10 20 30
Manging Director/Head 520 780 650 10 20 30
TaxSALARY RANGE (IDR IN MIL) BONUS (%)
ROLE MIN MAX AVERAGE LOW MEDIUM HIGH
Analyst 130 260 195 10 20 30
Associate / Assistant Vice President 260 325 293 10 20 30
Vice President 325 455 390 10 20 30
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash), excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in these figures. Refer to our online version at https://www.michaelpage.co.id/salary-guide.
www.michaelpage.co.idWorldwide leaders in specialist recruitment
Salary Tables
SALARYBENCHMARK
2018
TreasurySALARY RANGE (IDR IN MIL) BONUS (%)
ROLE MIN MAX AVERAGE LOW MEDIUM HIGH
Analyst 130 260 195 20 30 40
Associate / Assistant Vice President 390 585 488 20 30 40
Vice President 585 780 683 20 30 40
Executive Director 910 1,300 1,105 20 30 40
Managing Director/Head 1,300 1,560 1,430 20 30 40
Project AccountingSALARY RANGE (IDR IN MIL) BONUS (%)
ROLE MIN MAX AVERAGE LOW MEDIUM HIGH
Analyst 130 195 163 10 20 30
Associate / Assistant Vice President 195 260 228 10 20 30
Vice President 260 390 325 10 20 30
Executive Director 390 520 455 10 20 30
Head 520 780 650 10 20 30
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash), excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in these figures. Refer to our online version at https://www.michaelpage.co.id/salary-guide
Financial Services
www.michaelpage.co.idWorldwide leaders in specialist recruitment
Salary Tables
SALARYBENCHMARK
2018
Investment Management
Fund AccountingSALARY RANGE (IDR IN MIL) BONUS (%)
ROLE MIN MAX AVERAGE LOW MEDIUM HIGH
Analyst 130 195 163 10 20 30
Associate / Assistant Manager 195 260 228 10 20 30
Manager 260 390 325 10 20 30
Senior Manager 390 520 455 10 20 30
Director / Head 520 780 650 10 20 30
Corporate AccountingSALARY RANGE (IDR IN MIL) BONUS (%)
ROLE MIN MAX AVERAGE LOW MEDIUM HIGH
Analyst 130 195 163 10 20 30
Associate / Assistant Manager 195 260 228 10 20 30
Manager 260 390 325 10 20 30
Senior Manager 390 520 455 10 20 30
Investment ManagementSALARY RANGE (IDR IN MIL) BONUS (%)
ROLE MIN MAX AVERAGE LOW MEDIUM HIGH
Analyst 260 390 325 10 25 40
Associate / Assistant Manager 390 780 585 10 25 40
Manager 780 1,300 1,040 10 25 40
Senior Manager 1,300 2,600 1,950 10 25 40
Director / Head of Audit 2,600 3,900 3,250 10 25 40
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash), excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in these figures. Refer to our online version at https://www.michaelpage.co.id/salary-guide
Financial Services
www.michaelpage.co.idWorldwide leaders in specialist recruitment
Salary Tables
SALARYBENCHMARK
2018
Investment BankingSALARY RANGE (IDR IN MIL) BONUS (%)
ROLE MIN MAX AVERAGE LOW MEDIUM HIGH
Analyst 260 390 325 10 25 40
Associate / Assistant Vice President 390 780 585 10 25 40
Vice President 780 1,300 1,040 10 25 40
Executive Director 1,300 2,600 1,950 10 25 40
Managing Director/Head 2,600 3,900 3,250 10 25 40
InsuranceSALARY RANGE (IDR IN MIL) BONUS (%)
ROLE MIN MAX AVERAGE LOW MEDIUM HIGH
Auditor 78 130 104 10 25 30
Assistant Manager 130 260 195 10 25 30
Manager 260 390 325 10 25 30
Senior Manager 390 520 455 10 25 30
Director / Head of Audit 520 1,040 780 10 25 30
Quantitative AnalysisSALARY RANGE (IDR IN MIL) BONUS (%)
ROLE MIN MAX AVERAGE LOW MEDIUM HIGH
Analyst 260 390 325 15 25 35
Associate / Assistant Vice President 520 650 585 15 25 35
Vice President 910 1,040 975 15 25 35
Executive Director 1,040 1,430 1,235 15 25 35
Managing Director/Head 1,430 1,950 1,690 15 25 35
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash), excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in these figures. Refer to our online version at https://www.michaelpage.co.id/salary-guide
Financial Services
www.michaelpage.co.idWorldwide leaders in specialist recruitment
Salary Tables
SALARYBENCHMARK
2018
Risk
Operational RiskSALARY RANGE (IDR IN MIL) BONUS (%)
ROLE MIN MAX AVERAGE LOW MEDIUM HIGH
Analyst 130 260 195 10 25 30
Associate / Assistant Vice President 260 780 520 10 25 30
Vice President 780 1,040 910 10 25 30
Executive Director 1,040 1,300 1,170 10 25 30
Managing Director/Head 1,300 2,600 1,950 10 25 30
Market RiskSALARY RANGE (IDR IN MIL) BONUS (%)
ROLE MIN MAX AVERAGE LOW MEDIUM HIGH
Analyst 130 260 195 10 25 30
Associate / Assistant Vice President 260 780 520 10 25 30
Vice President 780 1,040 910 10 25 30
Executive Director 1,040 1,300 1,170 10 25 30
Managing Director/Head 1,300 2,600 1,950 10 25 30
Credit RiskSALARY RANGE (IDR IN MIL) BONUS (%)
ROLE MIN MAX AVERAGE LOW MEDIUM HIGH
Analyst 130 260 195 10 25 30
Associate / Assistant Vice President 260 780 520 10 25 30
Vice President 780 1,040 910 10 25 30
Executive Director 1,040 1,300 1,170 10 25 30
Managing Director/Head 1,300 2,600 1,950 10 25 30
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash), excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in these figures. Refer to our online version at https://www.michaelpage.co.id/salary-guide
Financial Services
www.michaelpage.co.idWorldwide leaders in specialist recruitment
Salary Tables
SALARYBENCHMARK
2018
Compliance
Investment BankingSALARY RANGE (IDR IN MIL) BONUS (%)
ROLE MIN MAX AVERAGE LOW MEDIUM HIGH
Analyst 130 260 195 10 25 30
Associate / Assistant Vice President 260 780 520 10 25 30
Vice President 780 1,040 910 10 25 30
Executive Director 1,040 1,300 1,170 10 25 30
Managing Director/Head 1,300 2,600 1,950 10 25 30
Investment ManagementSALARY RANGE (IDR IN MIL) BONUS (%)
ROLE MIN MAX AVERAGE LOW MEDIUM HIGH
Analyst 130 260 195 10 25 30
Associate / Assistant Manager 260 780 520 10 25 30
Manager 780 1,040 910 10 25 30
Senior Manager 1,040 1,300 1,170 10 25 30
Director / Head 1,300 2,600 1,950 10 25 30
InsuranceSALARY RANGE (IDR IN MIL) BONUS (%)
ROLE MIN MAX AVERAGE LOW MEDIUM HIGH
Assistant 130 260 195 10 25 30
Assistant Manager 260 325 293 10 25 30
Manager 325 390 358 10 25 30
Senior Manager 390 455 423 10 25 30
Director / Head 650 1,040 845 10 25 30
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash), excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in these figures. Refer to our online version at https://www.michaelpage.co.id/salary-guide
Financial Services
www.michaelpage.co.idWorldwide leaders in specialist recruitment
Salary Tables
SALARYBENCHMARK
2018
Compliance-Anti-Money LaunderingSALARY RANGE (IDR IN MIL) BONUS (%)
ROLE MIN MAX AVERAGE LOW MEDIUM HIGH
Analyst 65 130 98 10 25 30
Associate / Assistant Vice President 195 390 293 10 25 30
Vice President 390 650 520 10 25 30
Executive Director 650 1,040 845 10 25 30
Managing Director / Head 1,040 1,300 1,170 10 25 30
Operations
Settlements and Corporate ActionsSALARY RANGE (IDR IN MIL) BONUS (%)
ROLE MIN MAX AVERAGE LOW MEDIUM HIGH
Analyst 130 195 163 10 20 30
Associate / Assistant Vice President 195 260 228 10 20 30
Vice President 260 390 325 10 20 30
Executive Director 390 520 455 10 20 30
Managing Director/Head 520 780 650 10 20 30
Trade and Sales SupportSALARY RANGE (IDR IN MIL) BONUS (%)
ROLE MIN MAX AVERAGE LOW MEDIUM HIGH
Analyst 130 195 163 10 20 30
Associate / Assistant Vice President 195 260 228 10 20 30
Vice President 260 390 325 10 20 30
Executive Director 390 520 455 10 20 30
Managing Director/Head 520 780 650 10 20 30
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash), excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in these figures. Refer to our online version at https://www.michaelpage.co.id/salary-guide
Financial Services
www.michaelpage.co.idWorldwide leaders in specialist recruitment
Salary Tables
SALARYBENCHMARK
2018
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash), excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in these figures. Refer to our online version at https://www.michaelpage.co.id/salary-guide.
Financial Services
www.michaelpage.co.id
Client Services & OnboardingSALARY RANGE (IDR IN MIL) BONUS (%)
ROLE MIN MAX AVERAGE LOW MEDIUM HIGH
Analyst 65 130 98 10 25 30
Associate / Assistant Vice President 195 390 293 10 25 30
Vice President 390 650 520 10 25 30
Executive Director 650 1,040 845 10 25 30
Managing Director/Head 1,040 1,300 1,170 10 25 30
Project OperationsSALARY RANGE (IDR IN MIL) BONUS (%)
ROLE MIN MAX AVERAGE LOW MEDIUM HIGH
Analyst 130 195 163 10 20 30
Associate / Assistant Vice President 195 260 228 10 20 30
Vice President 260 390 325 10 20 30
Executive Director 390 520 455 10 20 30
Managing Director/Head 520 780 650 10 20 30
Investment ManagementSALARY RANGE (IDR IN MIL) BONUS (%)
ROLE MIN MAX AVERAGE LOW MEDIUM HIGH
Analyst 130 195 163 10 20 30
Associate / Assistant Vice President 195 260 228 10 20 30
Vice President 260 390 325 10 20 30
Executive Director 390 520 455 10 20 30
Managing Director/Head 520 780 650 10 20 30
Worldwide leaders in specialist recruitment
Salary Tables
SALARYBENCHMARK
2018
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash), excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in these figures. Refer to our online version at https://www.michaelpage.co.id/salary-guide
Financial Services
www.michaelpage.co.id
Global Markets - Front Office Banking & Financial Markets
Equity ResearchSALARY RANGE (IDR IN MIL) BONUS (%)
ROLE MIN MAX AVERAGE LOW MEDIUM HIGH
Research Associate 104 195 150 10 20 30
Senior Research Associate 195 520 358 10 20 30
Writing Analyst 520 780 650 10 20 30
Sector Head 780 1,040 910 10 20 30
Managing Director/Head 1,040 1,300 1,170 10 25 30
Corporate FinanceSALARY RANGE (IDR IN MIL) BONUS (%)
ROLE MIN MAX AVERAGE LOW MEDIUM HIGH
Analyst 260 390 325 10 25 40
Associate 390 780 585 10 25 40
Vice President 780 1,300 1,040 10 25 40
Director 1,300 2,600 1,950 10 25 40
Managing Director 2,600 3,250 2,925 10 25 40
Sales & TradingSALARY RANGE (IDR IN MIL) BONUS (%)
ROLE MIN MAX AVERAGE LOW MEDIUM HIGH
Analyst 104 260 182 10 30 50
Associate 260 520 390 10 30 50
Vice President 520 780 650 10 30 50
Director 780 1,300 1,040 10 30 50
Managing Director 1,300 2,600 1,950 10 30 50
Worldwide leaders in specialist recruitment
Salary Tables
SALARYBENCHMARK
2018
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash), excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in these figures. Refer to our online version at https://www.michaelpage.co.id/salary-guide.
Financial Services
www.michaelpage.co.id
Corporate Banking Relationship ManagerSALARY RANGE (IDR IN MIL) BONUS (%)
ROLE MIN MAX AVERAGE LOW MEDIUM HIGH
Analyst 130 260 195 10 30 50
Associate 260 650 455 10 30 50
Vice President 1,040 1,560 1,300 10 30 50
Director 1,560 2,340 1,950 10 30 50
Managing Director 2,340 2,860 2,600 10 30 50
Structured & Project FinanceSALARY RANGE (IDR IN MIL) BONUS (%)
ROLE MIN MAX AVERAGE LOW MEDIUM HIGH
Analyst 130 260 195 10 30 50
Associate 260 650 455 10 30 50
Vice President 1,040 1,560 1,300 10 30 50
Director 1,560 2,340 1,950 10 30 50
Managing Director 2,340 2,860 2,600 10 30 50
Transaction Banking, Trade and Commodity FinanceSALARY RANGE (IDR IN MIL) BONUS (%)
ROLE MIN MAX AVERAGE LOW MEDIUM HIGH
Analyst 104 260 182 10 30 50
Associate 260 520 390 10 30 50
Vice President 520 780 650 10 30 50
Director 780 1,300 1,040 10 30 50
Managing Director 1,300 2,600 1,950 10 30 50
Worldwide leaders in specialist recruitment
Salary Tables
SALARYBENCHMARK
2018
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash), excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in these figures. Refer to our online version at https://www.michaelpage.co.id/salary-guide.
Financial Services
www.michaelpage.co.id
Global Markets - Sector, Investment Management
Investment Research (Equity and Fixed Income)SALARY RANGE (IDR IN MIL) BONUS (%)
ROLE MIN MAX AVERAGE LOW MEDIUM HIGH
Analyst 130 260 195 10 25 40
Associate 260 520 390 10 25 40
Vice President 520 780 650 10 25 40
Director 780 1,300 1,040 10 25 40
Managing Director 1,300 1,950 1,625 10 25 40
Portfolio and Fund ManagementSALARY RANGE (IDR IN MIL) BONUS (%)
ROLE MIN MAX AVERAGE LOW MEDIUM HIGH
Vice President 1,300 1,950 1,625 10 30 50
Director 1,950 2,990 2,470 10 30 50
Managing Director 2,990 3,900 3,445 10 30 50
Fund Sales and Distribution (Institutional and Retail Fund)SALARY RANGE (IDR IN MIL) BONUS (%)
ROLE MIN MAX AVERAGE LOW MEDIUM HIGH
Analyst 130 195 163 10 25 40
Associate 195 390 293 10 25 40
Vice President 390 650 520 10 25 40
Director 650 1,300 975 10 25 40
Managing Director 1,300 2,600 1,950 10 25 40
Worldwide leaders in specialist recruitment
Salary Tables
SALARYBENCHMARK
2018
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash), excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in these figures. Refer to our online version at https://www.michaelpage.co.id/salary-guide.
Financial Services
www.michaelpage.co.id
Private BankingSALARY RANGE (IDR IN MIL) BONUS (%)
ROLE MIN MAX AVERAGE LOW MEDIUM HIGH
Private Banking Assistant 130 195 163 10 25 40
Assistant Private Banker 195 390 293 10 25 40
Junior Private Banker 390 650 520 10 25 40
Director 650 1,300 975 10 25 40
Managing Director 1,300 2,600 1,950 10 25 40
Private EquitySALARY RANGE (IDR IN MIL) BONUS (%)
ROLE MIN MAX AVERAGE LOW MEDIUM HIGH
Analyst 260 390 325 10 25 40
Associate 390 780 585 10 25 40
Vice President 780 1,300 1,040 10 25 40
Director 1,300 2,600 1,950 10 25 40
Managing Director 2,600 3,900 3,250 10 25 40
Worldwide leaders in specialist recruitment
Roles in demand Top industries
*These employment trends are based on Michael Page’s database in the last 12 months.
$average salary increase when moving jobs
By the numbers*
Employment trends*
average number of candidates employers interview before
making a job offer
average time employers take to secure talent
of interviews typically undergone by candidate with a company
before securing a position
Worldwide leaders in specialist recruitment
SALARYBENCHMARK
2018
IndonesiaHuman Resources
www.michaelpage.co.id
“In 2018, many companies will move from human resources to HR business partnering. General demand for candidates will increase, as startups begin looking for HR ‘human capital’, rather than HR management.”
F&B
Fragrances & Flavour
E-commerce
Services
• Human Resource Heads
• HR Business Partner
• Talent Management
increase in number of positions in the last 12 months
20% 21-25%
4 professionals 1-4 months 3 rounds
Salary Tables
SALARYBENCHMARK
2018 Human Resources
Banking and Financial ServicesSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Payroll Specialist 130 195 163
Mobility Specialist 156 390 273
HRIS Specialist 156 390 273
Learning and Development Specialist 156 390 273
Recruitment Specialist 156 390 273
HR Generalist/Business Partner 325 780 553
Organisational Development 390 650 520
Compensation and Benefits Specialist 156 390 273
Head of Human Resources 780 1,560 1,170
Commerce and IndustrySALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Payroll Specialist 130 195 163
Mobility Specialist 156 390 273
HRIS Specialist 156 390 273
Learning and Development Specialist 156 390 273
Recruitment Specialist 156 390 273
HR Generalist/Business Partner 195 455 325
Organisational Development 390 585 488
Compensation and Benefits Specialist 195 455 325
Head of Human Resources 650 1,560 1,105
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash), excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in these figures. Refer to our online version at https://www.michaelpage.co.in/salary-guide
www.michaelpage.co.idWorldwide leaders in specialist recruitment
Salary Tables
SALARYBENCHMARK
2018
FMCGSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Payroll Specialist 130 195 163
Mobility Specialist 156 390 273
HRIS Specialist 156 390 273
Learning and Development Specialist 156 585 371
Recruitment Specialist 156 390 273
HR Generalist/Business Partner 195 585 390
Organisational Development 390 650 520
Compensation and Benefits Specialist 195 585 390
Head of Human Resources 650 1,560 1,105
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash), excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in these figures. Refer to our online version at https://www.michaelpage.co.in/salary-guide
Human Resources
www.michaelpage.co.idWorldwide leaders in specialist recruitment
Roles in demand Top industries
*These employment trends are based on Michael Page’s database in the last 12 months.
$average salary increase when moving jobs
By the numbers*
Employment trends*
average number of candidates employers interview before
making a job offer
average time employers take to secure talent
of interviews typically undergone by candidate with a company
before securing a position
Worldwide leaders in specialist recruitment
SALARYBENCHMARK
2018
IndonesiaLegal
www.michaelpage.co.id
“The increase in demand for legal positions in 2018 will be spurred by new investments and increased need of companies to secure funding, leading to the need for legal help in the areas of acquisition, mergers and
IPOs.”
Technology
Manufacturing
Infrastructure
Renewable Energy
• General Counsel (In-house)
• Mid level -Senior Associate (Law firm)
• Commerical Legal Counsel
increase in number of positions in the last 12 months
30% 21-25%
4 professionals 1-4 months 3 rounds
Salary Tables
SALARYBENCHMARK
2018 Legal
Pharmaceutical & FMCGSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Legal Manager 260 390 325
Legal Head 390 845 618
Legal Director 845 1,500 1,173
Government Relations 390 845 618
Corporate Affairs Manager 260 390 325
Corporate Affairs Director 845 1,105 975
Construction & InfrastructureSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Legal Manager 195 325 260
Legal Head 325 845 585
Legal Director 845 1,430 1,138
Government Relations 325 845 585
Corporate Affairs Manager 260 390 325
Corporate Affairs Director 845 1,105 975
Telecommunications & ITSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Legal Manager 195 325 260
Legal Head 325 520 423
Legal Director 845 1,105 975
Government Relations 325 845 585
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash), excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in these figures. Refer to our online version at https://www.michaelpage.co.in/salary-guide.
www.michaelpage.co.idWorldwide leaders in specialist recruitment
Salary Tables
SALARYBENCHMARK
2018
Financial ServicesSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Legal Manager 26 52 39
Legal Head 390 650 520
Legal and Compliance Director 780 1,300 1,040
Digital/ITSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Legal Manager 260 520 390
Legal Head 390 1,100 745
Law FirmSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Associate (First Tier) 390 585 488
Senior Associate (First Tier) 650 910 780
Associate (Second Tier) 260 390 325
Senior Associate (Second Tier) 390 650 520
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash), excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in these figures. Refer to our online version at https://www.michaelpage.co.in/salary-guide
Legal
www.michaelpage.co.idWorldwide leaders in specialist recruitment
Roles in demand Top industries
*These employment trends are based on Michael Page’s database in the last 12 months.
$average salary increase when moving jobs
By the numbers*
Employment trends*
average number of candidates employers interview before
making a job offer
average time employers take to secure talent
of interviews typically undergone by candidate with a company
before securing a position
Worldwide leaders in specialist recruitment
SALARYBENCHMARK
2018
Indonesia Marketing
www.michaelpage.co.id
“High demand for marketing candidates will continue in 2018, as it remains a challenge to find top marketing candidates on the market. Companies will look for candidates with exposure in conventional and
digital spaces and local knowledge.”
Tech start-ups
Entertainment
Agencies
Education
• Marketing Heads
• Partnership Managers
• Digital Marketers
increase in number of positions in the last 12 months
69% 26-30%
4 professionals 1-4 months 3 rounds
Salary Tables
SALARYBENCHMARK
2018
Financial ServicesSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Marketing Communications Assistant / Executive 65 104 85
Marketing Communications Manager 130 390 260
Marketing Communications Director 325 780 553
Internal Communications Executive 65 104 85
Internal Communications Manager 65 260 163
Internal Communications Director 390 780 585
Public Relations / Corporate Communications Executive 65 104 85
Public Relations / Corporate Communications Manager 130 390 260
Public Relations / Corporate Communications Director 390 910 650
Manufacturing and IndustrialSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Marketing Specialist 130 260 195
Product Marketing Manager 260 390 325
Marketing Manager 325 585 455
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash), excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in these figures. Refer to our online version at https://www.michaelpage.co.in/salary-guide
Marketing
www.michaelpage.co.idWorldwide leaders in specialist recruitment
Salary Tables
SALARYBENCHMARK
2018
Consumer Products & FMCG
MarketingSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Trade Marketing Executive 195 390 293
Trade Marketing Manager 390 780 585
Marketing Executive 65 156 111
Marketing Manager 650 975 813
Head of Marketing 910 1300 1105
Marketing Director 1040 2080 1560
Brand and Product DevelopmentSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Brand Executive / Product Executive 104 156 130
Assistant Brand Manager / Assistant Product Manager 130 195 163
Brand Manager / Product Manager 195 325 260
Senior Brand Manager / Senior Product Manager 325 780 553
Research, Product Development and Planning Manager 390 910 650
Public RelationsSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Public Relations Executive 65 195 130
Public Relations Manager 195 390 292.5
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash), excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in these figures. Refer to our online version at https://www.michaelpage.co.in/salary-guide
Marketing
www.michaelpage.co.idWorldwide leaders in specialist recruitment
Salary Tables
SALARYBENCHMARK
2018
Media and EntertainmentSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Assistant Marketing Manager 156 234 195
Circulation / Marketing Manager 240 299 270
Marketing Manager 240 299 270
Events Manager 195 286 241
Circulation / Marketing Director 390 520 455
Professional ServicesSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Marketing Executive 130 195 163
Marketing Manager 208 286 247
Marketing Director 416 481 449
Research Manager 195 260 228
Public Relations / Media Communications Manager 227 286 257
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash), excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in these figures. Refer to our online version at https://www.michaelpage.co.in/salary-guide
Marketing
www.michaelpage.co.idWorldwide leaders in specialist recruitment
Roles in demand Top industries
*These employment trends are based on Michael Page’s database in the last 12 months.
$average salary increase when moving jobs
By the numbers*
Employment trends*
average number of candidates employers interview before
making a job offer
average time employers take to secure talent
of interviews typically undergone by candidate with a company
before securing a position
Worldwide leaders in specialist recruitment
SALARYBENCHMARK
2018
IndonesiaProcurement & Supply Chain
www.michaelpage.co.id
“Indonesia will experience continuous growth in terms of economy and infrastructure in 2018, bringing the importance of procurement and supply chain to the forefront. As a result, we foresee high demand for
supply chain and logistics professionals.”
FMCG
B2B Manufacturing
Logistics
Retail
• Planning / S&OP
• Procurement Managers
• Logistics Professionals
increase in number of positions in the last 12 months
30% 21-25%
4 professionals 1-4 months 3 rounds
Salary Tables
SALARYBENCHMARK
2018 Procurement & Supply Chain
WarehousingSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Warehouse Supervisor 104 195 150
Assistant Warehouse Manager 130 260 195
Warehouse Manager 195 390 293
Warehouse Operations and Logistics Manager 260 455 358
Regional Warehouse Operations and Logistics Manager 325 520 423
LogisticsSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Logistics Supervisor 130 208 169
Assistant Logistics Manager 156 325 241
Logistics Manager 260 520 390
Senior Logistics Manager 455 910 683
Director / Vice President-Operations and Logistics 1,040 1,430 1,235
Supply ChainSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Planner / Analyst 78 130 104
Senior Planner / Senior Analyst 104 195 150
Assistant Supply Chain / Planning Manager 156 390 273
Supply Chain Manager 325 650 488
Regional Supply Chain Manager (APAC) 650 1,040 845
Supply Chain Director 1,040 1,560 1,300
Head of Supply Chain 845 1,300 1,073
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash), excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in these figures. Refer to our online version at https://www.michaelpage.co.in/salary-guide
www.michaelpage.co.idWorldwide leaders in specialist recruitment
Salary Tables
SALARYBENCHMARK
2018
Manufacturing & ProductionSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Material Planning and Control Supervisor 104 195 150
Material Planning and Control Manager 195 390 293
Production Manager 210 520 365
Factory / Plant Manager 390 780 585
General Manager 520 910 715
EngineeringSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Project Management 130 210 170
Engineering (Manufacturing,Mechanical, Electrical and Electronic) 130 210 170
ProcurementSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Procurement Officer 65 104 85
Senior Procurement Officer 78 156 117
Assistant Procurement Manager 156 286 221
Procurement Manager 195 455 325
Senior Procurement Manager / Regional Manager 390 715 553
Director 1,040 1,560 1,300
Regional Head 1,040 1,560 1,300
Global Head 1,625 3,250 2,438
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash), excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in these figures. Refer to our online version at https://www.michaelpage.co.in/salary-guide
Procurement & Supply Chain
www.michaelpage.co.idWorldwide leaders in specialist recruitment
Salary Tables
SALARYBENCHMARK
2018
Quality, Compliance & Process Improvement
OperationsSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Senior Officer, Process Improvement 104 156 130
Assistant Manager, Process Improvement 195 260 228
Manager of Process Improvement / Operations Excellence 390 585 488
Director of Process Improvement / Operations Excellence 650 1,040 845
Quality Assurance & ComplianceSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Quality Assurance Officer 78 104 91
Quality Assurance Senior Officer 117 156 137
Quality Assurance Assistant Manager 130 195 163
Quality Assurance Manager 195 455 325
Quality Assurance Director 650 910 780
Head of Quality Assurance 780 1,040 910
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash), excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in these figures. Refer to our online version at https://www.michaelpage.co.in/salary-guide
Procurement & Supply Chain
www.michaelpage.co.idWorldwide leaders in specialist recruitment
Roles in demand Top industries
*These employment trends are based on Michael Page’s database in the last 12 months.
$average salary increase when moving jobs
By the numbers*
Employment trends*
average number of candidates employers interview before
making a job offer
average time employers take to secure talent
of interviews typically undergone by candidate with a company
before securing a position
Worldwide leaders in specialist recruitment
SALARYBENCHMARK
2018
IndonesiaProperty & Construction
www.michaelpage.co.id
“Property and construction is rapidly growing in Indonesia and will continue to do so in 2018. Many foreign companies are investing, leading to high demand for candidates, especially in tourism, hotels, shopping
malls and F&B.”
Property Developer
EPC
Consultancy
EPCM
• Project Managers
• Structural Managers
• Schedulers
increase in number of positions in the last 12 months
83% 26-30%
4 professionals 1-4 months 3 rounds
Salary Tables
SALARYBENCHMARK
2018 Property & Construction
ConsultancySALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Property Manager 351 455 403
Project Engineer 325 455 390
Project Manager 520 650 585
Project Director 1,040 1,235 1,138
Leasing Manager 260 390 325
Design Manager 325 455 390
Facilities Manager 260 455 358
Facilities Director 910 1,040 975
Valuations Manager 299 390 345
Head of Valuations 520 780 650
Corporate Real EstateSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Facilities Manager 299 455 377
Project Manager 520 650 585
Head of Facilities 600 910 755
Head of Engineering 500 780 640
Regional Head of Facilities 1,040 1,300 1,170
Regional Head of Engineering 900 1,040 970
Regional Head of Corporate Real Estate 1,200 1,560 1,380
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash), excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in these figures. Refer to our online version at https://www.michaelpage.co.in/salary-guide
www.michaelpage.co.idWorldwide leaders in specialist recruitment
Salary Tables
SALARYBENCHMARK
2018
ProjectsSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Project Manager 500 785 643
Project Director 1,300 1,400 1,350
Interior Designer 200 250 225
Design Manager 250 375 313
Project Development Manager 585 715 650
Head of Development 1,170 1,950 1,560
Real Estate InvestmentsSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Asset Management Manager 400 585 493
Portfolio Management Manager 400 585 493
Investment Management Manager 400 650 525
Head of Asset Management 650 1,040 845
Head of Portfolio Management 650 1,040 845
Head of Investment Management 780 1,170 975
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash), excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in these figures. Refer to our online version at https://www.michaelpage.co.in/salary-guide
Property & Construction
www.michaelpage.co.idWorldwide leaders in specialist recruitment
Roles in demand Top industries
*These employment trends are based on Michael Page’s database in the last 12 months.
$average salary increase when moving jobs
By the numbers*
Employment trends*
average number of candidates employers interview before
making a job offer
average time employers take to secure talent
of interviews typically undergone by candidate with a company
before securing a position
Worldwide leaders in specialist recruitment
SALARYBENCHMARK
2018
IndonesiaSales
www.michaelpage.co.id
“Demand for sales will be strong due to infrastructure development, and an increase in mining and logistics. Strong sales and RTM profiles will be in high demand for FMCGs to cope with challenging market
situations.”
Infrastructure
Fintech
Logistics
Power and Energy
• Key Account Managers
• Route to Market Managers
• Sales Heads
increase in number of positions in the last 12 months
69% 16-20%
4 professionals 1-4 months 3 rounds
Salary Tables
SALARYBENCHMARK
2018 Sales
Advertising AgencySALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Account Manager 234 325 302
Account Director 325 650 569
Group Account Director 520 780 715
Business Director 585 975 878
Managing Director / General Manager 1,130 2,145 1,891
PR AgencySALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Account Executive 130 156 150
Account Manager 195 260 244
Account Director 351 390 380
Director 416 546 514
Executive Director 585 741 702
Managing Director / General Manager 780 910 878
FInancial ServicesSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Sales Executive 65 130 114
Sales Manager 195 390 341
Sales Director 390 910 780
Manufacturing and IndustrialSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Sales Engineer / Senior Sales Engineer 195 520 439
Sales Manager / Business Development Manager 325 650 569
General Manager / Director 1,105 1,690 1,544
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash), excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in these figures. Refer to our online version at https://www.michaelpage.co.in/salary-guide
www.michaelpage.co.idWorldwide leaders in specialist recruitment
Salary Tables
SALARYBENCHMARK
2018
Consumer Products & FMCG
Account ManagementSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Key Account Executive 104 156 143
Assistant Key Account Manager 130 208 189
Key Account Manager 195 455 390
National Key Account Manager 455 910 796
SalesSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Area Sales Manager 195 325 293
Regional Sales Manager 325 650 569
National Sales Manager 650 1,040 943
Sales Director 1,040 2,210 1,918
IT & Telecommunications
Account ManagementSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Channel Account Manager / Account Manager 195 520 439
Sales Manager / Global Account Director 195 910 731
Division Manager / Sales and Marketing Manager / General Sales Manager 650 910 845
Vice President/Sales and Marketing / Sales and Marketing Director / Marketing Director 780 1,560 1,365
Managing Director / General Manager 1,040 1,950 1,723
Sales Director / Business Development Director 780 1,560 1,365
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash), excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in these figures. Refer to our online version at https://www.michaelpage.co.in/salary-guide
Sales
www.michaelpage.co.idWorldwide leaders in specialist recruitment
Salary Tables
SALARYBENCHMARK
2018
Media and Entertainment
Sales and Business DevelopmentSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Assistant Sales Manager 195 325 293
Sales / Business Development Manager 208 325 296
Advertising / Media Sales Manager 228 325 301
Sales / Business Development Director 455 624 582
Advertising / Media Sales Director 780 1,040 975
General Manager 624 845 790
Professional Services
Business Development and ResearchSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Business Development Executive 130 163 154
Business Development Manager 195 325 293
Business Development Director 390 585 536
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash), excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in these figures. Refer to our online version at https://www.michaelpage.co.in/salary-guide
Sales
www.michaelpage.co.idWorldwide leaders in specialist recruitment
Roles in demand Top industries
*These employment trends are based on Michael Page’s database in the last 12 months.
By the numbers*
Employment trends*
average number of candidates employers interview before
making a job offer
average time employers take to secure talent
of interviews typically undergone by candidate with a company
before securing a position
$
average salary increase when moving jobs
Worldwide leaders in specialist recruitment
SALARYBENCHMARK
2018
IndonesiaTechnology
www.michaelpage.co.id
“High demand for technology candidates will continue into 2018, especially at the managerial level and above. Candidates with IT security and risk experience are highly sought after, along with those who have
entrepreneurial soft-skills and global experience.”
Digital start-ups
Fintech
Consumer Goods
Industrial/Engineering
• IT Heads
• IT Security Managers
• Software Engineers (all levels)
20-35%
4 professionals 1-4 months 3 rounds
Salary Tables
SALARYBENCHMARK
2018 Technology
Banking and Financial Services
Development, Design and ArchitectureSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Developer 208 286 247
Mobile Developer 143 286 215
System Analyst 143 286 215
Application Development Manager 325 429 377
Infrastructure and NetworkSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Infrastructure Manager 260 520 390
Head of Infrastructure 390 780 585
Project ManagementSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Business Analyst 195 325 260
Project Manager 390 650 520
Project Director 650 1,300 975
General ManagementSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
IT Manager 455 715 585
IT Director 780 1,690 1,235
Chief Technology Officer 1,040 3,900 2,470
Chief Information Officer 1,040 3,900 2,470
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash), excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in these figures. Refer to our online version at https://www.michaelpage.co.in/salary-guide
www.michaelpage.co.idWorldwide leaders in specialist recruitment
Salary Tables
SALARYBENCHMARK
2018
Support and AdministrationSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
IT Helpdesk 104 195 150
Desktop Support Analyst 104 195 150
System Administrator 104 208 156
Service Desk Manager 195 390 293
Head of Operations and Support 325 416 371
Commerce
Development, Design and ArchitectureSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Developer 130 234 182
Analyst Programmer 130 260 195
System Analyst 130 286 208
Solution Architect 195 390 293
Application Development Manager 325 416 371
Head of Application Development 325 520 423
Infrastructure and NetworkSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Infrastructure Manager 260 520 390
Head of Infrastructure 390 780 585
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash), excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in these figures. Refer to our online version at https://www.michaelpage.co.in/salary-guide
Technology
www.michaelpage.co.idWorldwide leaders in specialist recruitment
Salary Tables
SALARYBENCHMARK
2018
Project ManagementSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
Business Analyst 169 260 215
Project Manager 390 910 650
Project/ Programme Director 650 1,170 910
General ManagementSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
IT Manager 260 715 488
IT Director 520 1,105 813
Chief Technology Officer 910 2,600 1,755
Support and AdministrationSALARY RANGE (IDR IN MIL)
ROLE MIN MAX AVERAGE
IT Helpdesk 104 195 150
Desktop Support Analyst 104 195 150
System Administrator 104 195 150
Service Desk Manager 195 260 228
Head of Operations and Support 325 455 390
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash), excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in these figures. Refer to our online version at https://www.michaelpage.co.in/salary-guide
Technology
www.michaelpage.co.idWorldwide leaders in specialist recruitment
INDONESIA
Jakarta Level 12, One Pacific Place Sudirman Central Business District, Jl. Jend. Sudirman Kav. 52 – 53 Jakarta 12190 Indonesia T +62 21 295 88800 | F +62 21 295 88801 [email protected]
