2010-2011 Singapore Salary & Employment Forecast

8/7/2019 2010-2011 Singapore Salary & Employment Forecast

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SINGAPORE

SALARY &EMPLOYMENTFORECAST

2010/2011


2/22Page 2Singapore Sa lary & Employment Forecast 2010/2011

SINGAPORE MichaelPageInternational

Salary & Employment Forecast 2010/2011

Contents

MICHAEL PAGE INTERNATIONAL 3

MARKET OVERVIEW 4

FINANCE 5

FINANCIAL SERVICES 7

HEALTHCARE & LIFE SCIENCES 9

HUMAN RESOURCES 11

PROCUREMENT & SUPPLY CHAIN 13

PROPERTY & CONSTRUCTION 15

SALES & MARKETING 17

TECHNOLOGY 19



SINGAPORE MichaelPageInternational

Michael Page International

Welcome to the 2010/2011 Michael

Page International Salary & Employment

Forecast or Singapore.

Michael Page International is a world-

leading specialist recruitment consultancy

and we have built a cast-iron reputationon our consultative approach. Since

opening our ofce in Singapore in 1996,

we have expanded our reach across

several new industries and regions.

Our consistent organic growth strategy

and continued investment through

business cycles is driving our growth

in the specialist recruitment market in

Singapore. Our understanding o the

markets, the businesses and individuals

within these markets enables us to

acilitate the perect match between all

parties. Our clients, who range rom

global multinationals to small and medium

sized frms trust us to source permanent,

contract, temporary and interim talent in:

Finance

Financial Services

Healthcare & Life Sciences

Human Resources

Procurement & Supply Chain

Property & Construction

Sales & Marketing

Technology

The Salary & Employment Forecast

provides employers and employees with

useul insights into the hiring expectations,

recruitment challenges and salary

orecasts o key roles within each o our

specialist areas or the coming year.

I wish to thank everyone who contributed to

this years Salary & Employment Forecast

and trust you will fnd the new report helpul

and inormative. We welcome your eedback

and encourage you to contact us or urther

inormation or market specifc advice.

Andrew Norton

Managing Director, Singapore

Andrew Norton



SINGAPORE MarketOverview

Market Overview

The white collar employment market in

Singapore has rebounded strongly in

the atermath o the global economic

downturn. Jobs growth is occurring across

all proessional occupation groups and the

employment outlook or 2011 is buoyant.

Our annual employment survey, which

this year includes responses rom over

400 senior managers rom Singapores

corporate sector, reveals 53% o employers

anticipate an increase in sta numbers over

the next 12 months. Some 41% believe their

stafng levels will remain stable, with only

6% saying a reduction in headcount is likely.

The initial phase of recovery began in

the last quarter o 2009 and was driven

primarily by companies that were already

established in Singapore. Many were

operating with signifcantly reduced

sta numbers as a consequence o

the redundancies that occurred during

the downturn. As business conditions

improved, these employers increased

headcount quickly rom a very low base in

order to take advantage o opportunities

for growth. This resulted in a sharp spike in

hiring activity during the frst hal o 2010.

While this trend has continued into

the second hal o the year, the rate o

investment in new sta has moderatedwith most o the critical hires or the

year already completed. Companies

remain cautious about their bottom lines

and are hiring based on their stafng

requirements or the next six months,

as opposed to the next two years.

Fortunately, this slight easing in hiring

activity is being oset by the entry o

new multinationals into the Singapore

market. Global companies are looking to

Southeast Asia as a core growth market

given the ongoing uncertainties plaguing

the US and European economies. Within

Southeast Asia, Singapore is regarded as

a logical business hub with a well qualifed

workorce and the required inrastructure

to support international business activities.

Government tax incentives have urther

encouraged multinationals to set up

regional headquarters in Singapore and

this is also having a positive eect.

The nancial services, bio-pharmaceutical

and semicon industries are experiencing

high levels o jobs growth and we

anticipate this will continue in 2011. In

fnancial services, more banks are setting

up regional hubs in Singapore and this

is driving demand or proessionals

with specialist skills in compliance and

technology. Private banking is a core

growth market and many employers are

recruiting seasoned banking talent rom

overseas markets like the UK and Europe.

The labour market is tightening and staff

retention is becoming a major challenge oremployers. During the economic downturn,

companies retained their top ront line

perormers and support sta with business

critical skills. Many o these employees were

asked to cope with increased responsibility

and work volumes, without a review o

salary. Now that the employment market

is recovering, these employees are less

cautious about a career move and are

actively looking or their next opportunity.

0% 5% 10% 15% 20% 25% 30%

27%

32%

35%

9%

21%

20%

Career development & planning

Training & development

Key retention strategies over the next 12 months

0% 5% 10% 15% 20% 25% 30% 35%

1%

14%

32%

35%

12%

4%

2%

Average percentage salary increase

53%

6%

41%

Predicted staff numbers for the next

12 months

Increased

Decreased

Remained stable

12% 73%

15%

Salaries to increase in the next

12 months

Yes

No

Unsure

19% 15%

12%

38%

16%

Hiring focus by level of experience

Graduate

Junior

Mid-level

Senior

Executive



SINGAPORE Finance

Finance

Recruitment activity in the nance sector is

increasing as market conditions continue

to improve. Both local and multinational

companies are investing heavily in growth,

with more than hal o the companies

surveyed expecting an increase in sta

numbers over the next 12 months.

There is consistent demand for Financial

Analysts with strong business partnering

experience. Other niche skills in areas

such as treasury and tax continue to be

highly sought ater as companies aim to

better manage cash and oreign currency

risk, as well as comply with local tax

regulations rom other regions within Asia.

We are also seeing increasing demand or

compliance proessionals as businesses

place more o an emphasis on corporate

governance and risk management.

As the popularity o Singapore as a fnancial

hub grows, companies are expandingtheir operations and establishing new

ofces and regional headquarters. This

activity is expected to urther increase

the demand or fnance proessionals

in 2011. Strong communication skills

and excellent commercial awareness

will be particularly sought ater to help

companies support this growth.

52%

9%

39%


12 months

Increased

Decreased

Remained stable

13% 23%

6%

51%

7%


Graduate

Junior

Mid-level

Senior

Executive

19%

76%

5%


12 months

Yes

No

Unsure

0% 5% 10% 15% 20% 25% 30% 35%

1%

9%

33%

30%

19%

6%

2%


0% 5% 10% 15% 2 0% 30%25%

30%

24%

22%

17%

29%


43%

47%

10%

Likelihood of professional skills

shortage over the next 12 months

Yes

No

Unsure



SINGAPORE Finance

Finance salary tables

Please note:

1. Salaries indicated are based on an annual basic salary, excluding bonus/incentive schemes.

2. Market rates are becoming much less uniorm. While we have taken great care, these salary ranges can only be approximateguides, as there are oten specifc circumstances relating to individual companies. Please call us or additional inormation.

GENERAL

Role 3 to 5 years 5 to 10 years 10 to 15 years More than 15 years

SG$000 SG$000 SG$000 SG$000

CFO/Finance Director (large organisation) 220250 250300 300350 350+

CFO/Finance Director (small/medium organisation) 180200 200230 230280 280+

Finance Director (shared services centre) 200220 220250 250+ Financial Controller (large organisation) 160200 200250 250+

Financial Controller (small/medium organisation) 130150 150180 180+

Financial Controller (shared services centre) 130150 150200 200+

Finance Manager (large organisation) 100130 130180 180+

Finance Manager (small/medium organisation) 7090 90120 120+

Finance Manager (shared services centre) 80100 100120 120+

Financial & Planning Analysis Manager 100120 120150 150200 200+

Financial/Business Analyst 5065 65100

Financial Accountant 4560 60100

Group Accountant Consolidation 5065 65100

Costing Manager 80100 100150

Cost Accountant 5065 6580

Credit Director 130150 150180 180220 220+Credit Manager 80100 100130 130150

Credit Analyst 4560 6090

Accounts Payable Manager 6070 7090

Accounts Payable Accountant 3550 5060

SPECIALIST

Treasury Director 180200 200250 250+

Treasury Manager 100120 120180 180+

Treasury Analyst 5570 70100

Tax Director 180220 220280 280+

Tax Manager 100150 150180 180+

Tax Analyst 5575 75100

Corporate Finance Director 130150 150180 180220 220+

Corporate Finance Manager 90120 120150 150+

Internal Audit Director 180200 200230 230280 280+

Internal Audit Manager 120150 150200 200+

Internal Auditor 5580 80120

Revenue Recognition 80120 120180 180250

Pricing Manager 80120 120150 150+

Pricing Analyst 4560 6070

PUBLIC ACCOUNTING (BIG 4)

Auditor 5065 65100

Audit Manager 85120 120150

Tax Associate 5065 65100

Tax Manager 85120 120150

Tax Director 150180 180220 220+



SINGAPORE FinancialServices

Financial Services

Recruitment activity in the nancial

services industry has increased over

the last 12 months, with more than hal

o the companies surveyed reporting

an increase in hiring activity.

Teams are expanding within theinrastructure divisions as Singapore

continues to establish itsel as an

operational hub. Strong demand is being

seen or client onboarding, reerence

data and project roles. Recruitment in the

risk and compliance area has also been

positive at all levels. Local candidates with

established relationships with regulatory

authorities are particularly sought ater.

The requirement for middle and senior

management positions has returned to

the fnance sector, with rising demand

or product control and fnancial

planning and analysis proessionals,

particularly at the Associate Vice

President/Vice President levels.

Hiring in front ofce areas has varied by

institution. There has been an overall

increase in demand or proessionals in the

equities markets, as well as for Relationship

Managers, as banks look to generate

revenue and expand their existing customer

base. We are also seeing a strong ocus on

transaction banking, cash, trade, structured

trade and commodity fnancing roles.

The strong hiring activity in the sector

looks set to continue into 2011. I positive

market conditions continue, banks

will persist with their expansion plans

and this will drive new jobs growth.

60%

6%

34%


12 months

Increased

Decreased

Remained stable

25%

11%

18%

21%

25%


Graduate

Junior

Mid-level

Senior

Executive

11%

71%

18%


12 months

Yes

No

Unsure

0% 5% 10% 15% 20% 25% 30%

3%

18%

24%

26%

19%

7%

3%


0% 5% 10% 15% 20% 25% 30% 35% 40%

19%

15%

28%

38%


45%

41%

14%



Yes

No

Unsure



FINANCE

Role Associate Associate Vice President Vice President Director/MD

SG$000 SG$000 SG$000 SG$000

CENTRAL FINANCE

Financial Reporting 6095 85130 160250 260+

Tax Accountant 6095 85130 160250 260+Management Reporting 6095 85130 160250 260+

Costing Controls/Analytics 6095 85130 160250 260+

VALUATIONS

Quantitative 6095 85130 180250 260+

Price Testing 6095 85130 180250 260+

FINANCE PROJECTS

Business Analyst 6095 85130 160250 260+

PRODUCT CONTROL

Cash 6095 95130 160250 260+

Equities & Finance 6095 95130 160250 260+

Commodities & Derivatives 6095 95130 160250 260+

AUDIT, COMPLIANCE & RISKAUDIT

Internal Audit 6090 90145 175240 250+

IT Audit 6090 90145 175240 250+

COMPLIANCE

AML (Audit Money Laundering) 6080 80145 145240 250+

TTM (Transaction Trend Monetising) 6090 90145 175240 250+

MAS Compliance 6080 90120 130240 250+

RISK

Market Risk 6090 100120 120250 250+

Credit Risk 6090 100120 120250 250+

Operational Risk 6090 85130 170240 250+

OPERATIONSOPERATIONS

Project Management 6085 85140 140230 220+

MIDDLE OFFICE

Client Servicing 5080 80120 120200 200+

BACK OFFICE

Settlement 4565 65120 130200 200+

Corporate Actions 4565 65120 130200 200+

Reconciliation 4565 65120 130200 200+

Documentation 4580 80120 130200 200+

Collateral Management 4575 75120 130180 190+

Fund Administration 4575 75120 130180 190+

FRONT OFFICE

INVESTMENT BANKING

Private Equity 100150 150190 190250 250+

Investment Banking 100150 150190 190250 250+

Debt Capital Markets 60140 110160 160220 220+

Equity Capital Markets 60140 130160 160220 220+

CORPORATE/INSTITUTIONAL BANKING

Corporate Banking RM 4090 90130 130180 180+

Credit 3080 80110 110140 140+

FUND MANAGEMENT

Portolio Managers 60100 100140 140200 200+

Research 60100 100150 150200 200+

Institutional Sales & Marketing 45110 110140 140170 170+

SINGAPORE FinancialServices

Financial Services salary tables

Please note:





SINGAPORE Healthcare&LifeS

ciences

Singapore continues to establish itsel as

a prime location or pharmaceutical and

biomedical operations. A growing number

o multinational companies are looking

towards Singapore as a regional hub or

their research and development activity,

with signifcant investment rom newmultinationals being seen throughout 2010.

The Singapore Government continues to

invest in the Science Park and Biopolis

to help meet this increasing demand.

With the primary ocus on high-tech

manuacturing, the biologics industry is

suering a skills shortage or technical

roles, particularly at the senior level. Clinical

operations and clinical quality proessionals

are also in high demand as more major

Contract Research Organisations (CROs)

choose to invest in the country.

Many large scale pharmaceutical mergers

took place in early 2010, which caused most

manuacturing operations to implementhiring reezes throughout the post-merger

consolidation period. These restrictions are

now starting to lit as a growing number o

companies shit their ocus to expansion.

Hiring activity will increase strongly

over the next 12 months, with major

investment in research and development

activities also expected to continue.

Healthcare & Life Sciences

53%

3%

44%


12 months

Increased

Decreased

Remained stable

14%

19%

11%

42%

14%


Graduate

Junior

Mid-level

Senior

Executive

11%

64%

25%


12 months

Yes

No

Unsure

0% 5% 10% 15% 20% 25% 30% 35%

2%

20%

29%

32%

8%

4%

5%


0% 5% 10% 15% 20% 25% 30%

14%

32%

35%

9%

33%

21%


43%

35%

22%



Yes

No

Unsure



CLINICAL RESEARCH


SG$000 SG$000 SG$000 SG$000

Medical Aairs 110130 120180 180250 300+

Clinical Operations 5070 7090 100120 150+

Drug Saety/Pharmacovigilence 4555 5580 90150 Data Management 4570

BioStatistician 5080 80100

SAS Programmer 5080 80100

RESEARCH & DEVELOPMENTScientists (PhDs) 6080 90120 120180 200+

Scientists (nonPhDs) 4570 80100 120140

OPERATIONSManuacturing 5070 7090 100160 200+

Process Engineering 6080 90120 120150 180+

Mechanical Engineering 6080 90120 120150 180+

Electrical Engineering 6080 90120 120150 180+Controls/Automation 6080 90120 120150 180+

EHS 6080 90120 120150 180+

Validation 6080 90120 120150 180+

QUALITY & COMPLIANCERegulatory Affairs 6080 90120 120150 200+

Quality Assurance (GMP) 6080 90120 120150 200+

Quality Control 4570 80120 120140

Microbiology 4570 80120 120140

COMMERCIALGeneral Manager 120150 150200 200250 300+

Sales/Medical Representative 5080 90120 Sales Manager 80100 100140 120150

Sales Director 100120 120180 150200 200+

Product Manager 6080 80110 100130

Senior/Group Product Manager 80100 100120 110150

Marketing Manager 100120 100150 120150 150+

Marketing Director 120+ 150180 180220 220+

Please note:



SINGAPORE Healthcare&LifeS

ciences

Healthcare & Life Sciences salary tables



SINGAPORE HumanResources

Human Resources

In an eort to support business growth,

an increasing number o companies are

looking for the traditional HR function

to have more o a strategic ocus. As

companies plan their hiring strategies or

the year ahead, highly experienced Talent

Managers are becoming particularly soughtater to help implement talent acquisition

and succession planning strategies.

Demand is also increasing or proessionals

with experience in setting up Shared

Services operations in Singapore.

Companies are looking for professionals

with an understanding o dierent cultures

as well as the knowledge to recommend

and support organisational structural

efciencies. Bilingual language skills are

very highly regarded, particularly English,

Korean, Japanese and Mandarin.

As more companies expand to position

themselves or growth in 2011, the strong

hiring activity at senior levels is expected toflter downwards to middle to junior levels. A

steady volume o recruitment or generalist

HR roles is also expected as more new

companies set up operations in Singapore.

I the economy continues to strengthen over

the next 12 months, companies will continue

to increase their ocus on the retention o

top perormers. More employers will be

looking to employ talented HR professionals

with experience in the areas o talent

management and operational development.

Proessionals in the local market with

skills in the area o compensation

and benefts are a particular sourcing

challenge or employers. Employeesthat oer a blend o both operational

consultancy and commercial experience

in rewards and recognition programmes

will thereore be highly sought ater.

58%

3%

39%


12 months

Increased

Decreased

Remained stable

19%

17%

15%

40%

9%


Graduate

Junior

Mid-level

Senior

Executive

6%

81%

13%


12 months

Yes

No

Unsure

0% 5% 10% 15% 20% 25% 30% 35% 40%

2%

14%

38%

34%

8%

2%

2%


0% 5% 10% 15% 20% 25% 30%

24%

26%

33%

35%

9%

17%

20%


31%

46%

23%



Yes

No

Unsure



BANKING & FINANCE


SG$000 SG$000 SG$000 SG$000

Head of Human Resources 250+ 300+

HR Generalist/Business Partner 55110 110200 200+

Compensation and Benets Specialist 60110 110200 200+ 250+

Learning and Development Specialist 50100 100180 180+ 220+

Recruitment Specialist 50100 100180 180+ 220+

Organisational Development 60110 110200 200+ 250+

HRIS Specialist 5090 90160 160+ 180+

Payroll Specialist 4070 70100 100+ 100+

Mobility Specialist 5070 70150 150+ 160+

COMMERCE & INDUSTRYHead of Human Resources 250+ 300+

HR Generalist/Business Partner 50100 100180 180+

Compensation and Benets Specialist 50110 110200 200+ 220+

Learning and Development Specialist 5090 90150 150+ 200+

Recruitment Specialist 5090 90150 150+ 200+Organisational Development 5090 90180 180+ 250+

HRIS Specialist 5090 90130 130+ 180+

Payroll Specialist 4080 80100 100+ 100+

Mobility Specialist 5090 90140 140+ 160+

Please note:



SINGAPORE HumanResources

Human Resources salary tables



SINGAPORE Procurement&Su

pplyChain

The requirement for highly skilled

procurement and supply chain

proessionals increased steadily throughout

2010 in line with rising global consumer

demand. Experienced proessionals

in the areas o strategic procurement

and demand planning are particularlysought ater as more companies ocus on

developing efciencies in their operations

and implementing cost control measures.

With economic conditions improving

across Asia, particular demand is also

being seen or talented proessionals

in the electronics and FMCG areas, as

well as in the 3PL and energy markets.

As more companies transer their global

supply chain unctions to Singapore, hiring

activity is expected to increase steadily

throughout 2011. O the companies

surveyed or this report, over 50% intend

to increase employee numbers during

this period. Competition is also expectedto increase or talented proessionals

at both local and oshore levels. More

overseas proessionals are expected

to move to Singapore in 2011 on local

packages or the ast career growth

opportunities available in the Asia region.

Procurement & Supply Chain

53%

9%

38%


12 months

Increased

Decreased

Remained stable

27%

32%

2%

21%

18%


Graduate

Junior

Mid-level

Senior

Executive

9%

79%

12%


12 months

Yes

No

Unsure

0% 5% 10% 15% 20% 25% 30% 35% 40%

1%

19%

38%

26%

6%

7%

3%


0% 5% 10% 15% 20% 25% 30%

16%

26%

22%

35% 40%

36%


48%

42%

10%



Yes

No

Unsure



OIL & GAS/PHARMACEUTICALS

Role 3 to 5 years 5 to 10 years 10 to 15 years

SG$000 SG$000 SG$000

Direct 4080 95140 140180

Indirect 5090 100150 160220

Supply Chain 4080 90140 150190Planning 5080 95140 140180

Distribution/Warehousing 4070 80130 150180

LEAN/Six Sigma 5080 100140 160200

Quality 4070 80110 120160

Logistics/3PL 3060 70100 90130

FMCG/RETAILDirect 3070 80120 130170

Indirect 4080 90140 160200

Supply Chain 3070 80120 140180

Planning 3070 80120 140180


LEAN/Six Sigma 5080 100130 150180Quality 3070 80110 120160

Logistics/3PL 3060 7090 100150

TECHNOLOGYDirect 3050 60100 120160

Indirect 4080 90140 150180

Supply Chain 3070 80120 120160

Planning 3070 80120 120160


LEAN/Six Sigma 5080 100130 150180

Quality 3070 80110 120160

Logistics/3PL 3060 7090 100150

FINANCIAL SERVICESProcurement/Strategic Sourcing 5090 100150 160220

SINGAPORE Procurement&Su

pplyChain

Procurement & Supply Chain salary tables

Please note:





SINGAPORE Property&Construction

Property & Construction

The property market in Singapore and

the wider South East Asia region began

a steady recovery in 2010 and is now

looking or increased investment to help

sustain growth. As the property und

market improves, demand will continue

or proessionals with solid investmentand transaction related experience.

Leasing and development roles are also

increasingly required as the property

development market continues to grow.

During the global economic downturn,

employment opportunities in the property

and construction sectors signifcantly

decreased. I the economy continues

to strengthen over the next 12 months,

the positive hiring activity experienced

throughout 2010 will continue. Some 46%

o respondents surveyed predict that a

proessional skills shortage will be an issue

or their business over the coming year.

In 2011, most property and constructionbusinesses will be ocusing their initial

recruitment on junior and middle

management roles. Employers are likely

to invest in their management capability

frst beore the demand or director level

roles increases again. Proessionals

with specialist or in-demand skill sets

are the most likely to beneft rom

the increasing scope o employment

opportunities moving into 2011.

38%

8%

54%


12 months

Increased

Decreased

Remained stable

9% 21%

4%

43%23%


Graduate

Junior

Mid-level

Senior

Executive

9%

62%

29%


12 months

Yes

No

Unsure

0% 10% 20% 30% 40% 50%

2%

19%

6%

41%

25%

4%

3%


0% 5% 10% 15% 20% 25% 30% 35% 40%

38%

15%

27%

20%


31%

46%

23%



Yes

No

Unsure



CORPORATE REAL ESTATE


SG$000 SG$000 SG$000 SG$000

Property Management 5580 80105 110140 150+

Leasing & Transaction Management 6080 80110 120180 220+

Facilities Management & Corporate Services 5060 6090 110140 180+Environment Health & Safety 5580 75100 100120 140+

Security & BCP 6080 80110 105130 150+

PROJECTSProject Development 90110 130180 180240 250+

Construction & Project Management 7090 90120 140180 220+

Ofce Fit-Out 6080 80100 120160 200+

Design Management 5075 80105 130180 230+

REAL ESTATE INVESTMENTSAnalyst Associate Vice Presidents SVP/Director

Asset Management 5070 6590 120160 200+

Investment Management 5070 6590 140200 220+Portolio Management 5070 6590 120160 220+

SINGAPORE Property&Construction

Property & Construction salary tables

Please note:





SINGAPORE Sales&Marketing

Sales & Marketing

Throughout 2010, high demand has been

seen or sales proessionals in revenue

generating roles such as Business

Development Managers and local and

regional Sales Managers. Proessionals

with the ability to deliver immediate sales

results have been particularly sought ateracross all levels and industry sectors.

The level of hiring activity for marketing

proessionals grew steadily throughout

early 2010, with a sharper increase in

demand occurring in the second hal o

the year. The strong recruitment activity

is a positive sign that companies are

expanding their back ofce unctions

to help support and sustain business

growth. Particular demand is being seen

or Marketing Specialists and Marketing

Managers. Whilst many companies

are seeking proessionals with brand

management and product management

backgrounds, there is also an increasing

demand or proessionals with retail insight

and customer marketing experience.

Recruitment activity in the sales and

marketing sectors traditionally slows down

towards the end of the year. Companies

will be using this period to assess the

economic recovery and will most likely

begin hiring again in the New Year.

The employment outlook is positive for both

sales and marketing proessionals in 2011.

Companies that have strengthened

their sales teams in 2010 will be looking

to sustain this growth and are likely to

continue their recruitment campaigns

at a steadier pace next year.

I the domestic and global economiescontinue to strengthen over the next

12 months, sectors such as Oil & Gas

and IT & T, which were more cautious

toward hiring in 2010, are likely to take

the lead in the market in 2011.

57%

4%

39%


12 months

Increased

Decreased

Remained stable

5%

27%

6%

23%

39%


Graduate

Junior

Mid-level

Senior

Executive

11%

57%

32%


12 months

Yes

No

Unsure

0% 10% 20% 30% 40% 50%

2%

13%

25%

41%

10%

5%

4%


0% 5% 10% 15% 20% 25% 30% 35% 40%

36%

14%

39%

11%


52%

31%

17%



Yes

No

Unsure



CONSUMER PRODUCTS


SG$000 SG$000 SG$000 SG$000

Sales Director/ Regional Director 220280 250+

General Manager 150250 250350 350+

Sales/Key Account Manager 6090 80150 150+ Marketing Director 150220 220300 280+

Marketing Manager 80110 100150 140+

Brand Manager 6090 90130

Product Manager 6090 80130

Marketing Communications Manager 6090 80130 120200 180+

Visual Merchandiser 5080 80130 120+

HEALTHCARESales/Medical Representative 4060

Sales Manager 6080 100150 150+

Sales Director 130180 160200 200+

Product Manager 6080 80110 100130

Marketing Manager 6090 100150 120170 170+

Marketing Director 180220 220+

General Manager 120180 180300 300+

Business Unit Director 200300 300+

TECHNOLOGYGeneral Manager 220290 300+

Sales/BD Director 150220 220+

Account Manager 7090 90130 130180

Channel Sales/Direct Sales Manager 6080 80120 120+

Marketing Director N/A 120150 150220 220+

Marketing Manager 90120 120150 150200

Communications Manager 80100 100140 140180 190+

Direct Marketing Manager 80100 100130 130+

Product Manager 70100 100130 130+

BUSINESS SERVICESHead of Marketing Communications 200260 260+

Marketing Director 160200 220+

Marketing Manager 90130 130160

Public Relations Manager 120150 150180 190+

Corporate Affairs/Communications 90120 120160 160200 200+

Media Relations 70100 100140 140+

SINGAPORE Sales&Marketing

Sales & Marketing salary tables

Please note:





SINGAPORE Technology

Technology

Hiring activity in the technology sector

strengthened in 2010. Major banking

institutions in Singapore are beginning to

expand and re-invest in their client acing,

commercial and business improvement

projects, which is driving strong demand

for Project Managers. IT professionalswith exposure to high budget programme

management and a successul track record

o delivery are also highly sought ater in the

banking and fnancial services industry.

An increasing number o companies

in the commerce sector are seeking to

hire highly skilled inrastructure-based

Operations Managers. Employers are

looking to re-establish this capacity

ollowing the difcult conditions o the global

fnancial crisis, where many operational

management roles were the frst to be

aected by cost cutting measures.

The demand for IT professionals within thehealthcare, pharmaceutical and clinical

research sectors is rapidly increasing

throughout the Asia Pacic region. This is

primarily due to US corporations expanding

their Asia Pacifc operations into emerging

markets such as China and India and using

Singapore as a skilled hub or most back

ofce operations. Demand in this area is

expected to continue throughout 2011.

I the global economy continues to

strengthen over the next 12 months,

the Singapore market will continue to

see increased levels o hiring activity.

Multinationals will urther expand their

head ofce operations in Singapore and

this will drive demand for IT professionals.

43%

2%

55%


12 months

Increased

Decreased

Remained stable

13%

32%

2%

37%

16%


Graduate

Junior

Mid-level

Senior

Executive

22%57%

21%


12 months

Yes

No

Unsure

0% 5% 10% 15% 20% 25% 30% 35%

2%

15%

33%

10%

32%

5%

3%


0% 10% 20% 30% 40% 50%

17%

26%

22%

16%

41%


19%

51%

30%



Yes

No

Unsure



BANKING AND FINANCIAL SERVICES


SG$000 SG$'000 SG$'000 SG$'000

DEVELOPMENT, DESIGN & ARCHITECTURE

Analyst Programmer 4555 5565

Lead Analyst Programmer 7080 Architect Applications, Solutions, Systems, Data 125135

Enterprise Architect 125135

Application Development Manager 135145

TESTING

Test Analyst 4555 5565

Team Lead - Testing 6590

Test Manager 115130

DATABASE MANAGEMENT

Database Administrator 4555 5565

Senior Database Administrator/Data Analyst 7080

Data Warehousing/Modelling Specialist 90110

Data Architect 120140

INFRASTRUCTURE/NETWORK

Network Support 1st/2nd Level 5055 5560

Network Engineer 8090

Network Architect 100140

Security Analyst/Consultant 5565 70 80

Security Manager 120140

Inrastructure Manager 130145

Senior Inrastructure Manager 160175

PROJECT & GENERAL MANAGEMENT

Project Co-ordinator 5085

Project Manager 120150

Senior Project Manager 140170

Project Director 200250

Business Analyst 75100

Senior Business Analyst 90110

IT Manager 130150 150170

IT Director 225275

Chief Information Ofcer 300400

SUPPORT/ADMINISTRATION

1st Level Helpdesk Analyst 5055

2nd Level Desktop Support Analyst 5060

3rd Level Support Analyst 6065

Unix Administrator 6070

Network Administrator 6070

Helpdesk Manager 8595

Service Centre Manager 130160

Please note:

1. Salaries indicated are based on an annual basic salary, excluding bonus/incentive schemes.2. Market rates are becoming much less uniorm. While we have taken great care, these salary ranges can only be approximate

guides, as there are oten specifc circumstances relating to individual companies. Please call us or additional inormation.


Technology salary tables



COMMERCE


SG$000 SG$'000 SG$'000 SG$'000

DEVELOPMENT, DESIGN & ARCHITECTURE

Analyst Programmer 4050 5060

Lead Analyst Programmer 6575 Architect Applications, Solutions, Systems, Data 120130

Enterprise Architect 120130

Application Development Manager 130140

TESTING

Test Analyst 4050 5060

Team Lead - Testing 6085

Test Manager 110125

DATABASE MANAGEMENT

Database Administrator 4050 5060

Senior Database Administrator/Data Analyst 6575

Data Warehousing/Modelling Specialist 85100

Data Architect 110130

INFRASTRUCTURE/NETWORK

Network Support 1st/2nd Level 4550 5060

Network Engineer 7585

Network Architect 100140

Security Analyst/Consultant 5060 6575

Security Manager 100130

Inrastructure Manager 120140

Senior Inrastructure Manager 160175

PROJECT & GENERAL MANAGEMENT

Project Co-ordinator 5070

Project Manager 120150

Senior Project Manager 140170

Project Director 200225

Business Analyst 75100

Senior Business Analyst 90110

IT Manager 120140 140165

IT Director 200250

Chief Information Ofcer 275350

SUPPORT/ADMINISTRATION

1st Level Helpdesk Analyst 5055

2nd Level Desktop Support Analyst 5060

3rd Level Support Analyst 6065

Unix Administrator 6070

Network Administrator 6070

Helpdesk Manager 8595

Service Centre Manager 130160

Please note:

1. Salaries indicated are based on an annual basic salary, excluding bonus/incentive schemes.2. Market rates are becoming much less uniorm. While we have taken great care, these salary ranges can only be approximate

guides, as there are oten specifc circumstances relating to individual companies. Please call us or additional inormation.


Technology salary tables


22/22

CONTACT US

SINGAPORE

Rafes Place

80 Rafes Place

17-20 UOB Plaza 2

Singapore 048624

Tel+65 6533 2777

Fax +65 6533 7227

Email [email protected]

Jurong

8 Jurong Town Hall Road

24-01 The JTC Summit

Singapore 609434

Tel+65 6643 9700

Fax +65 6643 9701

Email [email protected]

2010-2011 Singapore Salary & Employment Forecast

Documents

Transcript of 2010-2011 Singapore Salary & Employment Forecast