The future is bright for the highest paid jobs in Indonesia and Southeast Asia.
This is according to the annual survey by recruitment firm Robert Walters. Indonesia’s economic growth has driven robust recruitment over 2017, which is expected to continue across all industries excluding oil, gas and mining.
The survey looked at the job market in Greater China and Southeast Asian region and has optimistic predictions for Indonesia and the region in 2018. It suggests that the region’s economic outlook, ongoing digitalization and steady market expansion are set to drive salary growth.
Robert Walters Indonesia country manager, Rob Bryson, said during the survey launch:
“From our side, the average salary in Indonesia is approximately the second or third-highest in the region for skilled workers. So, Singapore is number one and then it will mix between Malaysia and here.”
So what Job should you be getting for the big bucks in Indonesia in 2018?
(Annual salary range and role)
Chief marketing officer | Rp 1.5 billion (US$111,450) – Rp 2.925 billion
Marketing director | Rp 1.3 billion – Rp 2.34 billion
Sales and marketing director | Rp 1.3 billion to Rp 1.755 billion
Accounting and Finance
Chief financial officer | Rp 1.6 billion – Rp 2.6 billion
Finance director | Rp 1.2 billion – Rp 1.6 billion
SVP in investment banking | Rp 1.2 billion ++
Internal audit director | Rp 750 million – Rp 1.1 billion
In-house legal director | Rp 1.5 billion – Rp 2.1 billion
Head of legal | Rp 1.4 billion – Rp 1.7 billion
Legal counsel’s salary | Rp 1 billion – Rp 1.2 billion
Procurement director | of Rp 1.25 – Rp 1.65 billion
Customer service and logistics director | Rp 1.2 billion – Rp 1.7 billion.
Procurement General Manager | Rp 800 million – Rp 1.2 billion
IT (Information Technology)
Chief technology officer (CTO)/chief information officer (CIO) | Rp 900 million and Rp 1.6 billion
Head of IT | Rp 650 million to Rp 1.3 billion
Program manager salary | Rp 550 million to Rp 1.2 billion
HR (Human Resources)
Experienced HR business partner in banking and financial services | Rp 1.04 billion ++
Experienced HR business partner in commerce and industry | Rp 975 million ++
The rapidly growing digitalization trend is a huge reason for salary growth, particularly in IT, Logistics and Marketing.
Particularly high recruitment growth is expected in fintech, general emerging technology companies as well as supply chain and logistics.
Growth in banking and financial services, insurance, manufacturing and FMCG is set to lead to an active job market in these sectors during 2018.
Are you – or striving to be – a professional that excels in professional services, information technology, selling consumer products or online retail? Robert Walter’s 2018 survey suggests your best bet is making the most of the growth in banking and financial services, insurance and consumer goods (FMCG).
While these paychecks may be peanuts compared to what Indonesia’s top Execs take home (See 20 Richest Indonesian’s Article), it is proof that the growth in SEA is providing increased salaries for manager and director positions.
Though whatever role, job, career or life goal you are striving to achieve this year, remember – money isn’t everything 😉