2018 - CTgoodjobs · 2018-10-24 · Portfolio Manager – Asset Management (VP/ Senior Manager)...

HONG KONG

2018

KELLY SERVICES IN HONG KONG

Kelly Services Inc., a Fortune 500 and

global leader in workforce solutions, offers

a comprehensive array of outsourcing and

consulting services as well as world-class

staffing on a direct-hire, temporary and

temporary-to-hire basis. Kelly® provides

employment to 500,000+ people globally.

In APAC, Kelly Services Hong Kong is

a company of PERSOLKELLY – a joint

venture between Kelly Services Inc. and

PERSOL Holdings, Japan’s second largest

recruitment firm. With our 360° talent

offerings encompassing services from

recruitment, consultancy to outsourcing,

we are dedicated to helping any company

build a motivated workforce while

measurably enhancing its brand.

OUR INSIGHTFUL SEARCHES BASED ON QUALITY, NOT QUANTITY

KELLY RECRUITMENT never fills vacancies

with a barrage of CVs. Our resourceful

consultants leverage a unique talent

mapping process and extensive referral

network to pinpoint perfectly qualified

candidates. When screening potential hires,

our expert professionals pay close attention

to benchmarking each person’s personality

and work ethics against different corporate

values and cultures.

Our strong team of consultants are

specialists in the areas of:

Banking | Consumer Goods - FMCG |

Finance & Accounting | Human Resources |

Information Technology | Insurance |

Healthcare and Life Sciences | Retail |

Telecommunications

TALENT MANAGEMENT CONSULTANCY THAT EMPOWERS

Our sister company, PERSOLKELLY

Consulting empowers individuals,

organisations and societies to shape

future workforce through innovative

talent development, HR & management

advisory, organisational effectiveness

and insights-driven HR solutions.

Its services include:

Company Overview

HR Consulting & Management Advisory |

People Analytics Lab |

Leadership & Executive Development |

Career Transition Services |

Research & Think Tank |

Talent Management Technology

INNOVATIVE OUTSOURCING SOLUTIONS

KELLY OUTSOURCING is our clients’ extended

office. We take care of their mundane tasks so

that their staff can be freed up to build their

core businesses. The offerings include:

• Our Independent Contractor Solution

(ICS) provides for clients who are in need

of temporary staffing or longer-term

contracting solutions. No matter they are

looking to recruit temporary office staff for

professional roles in finance, accounting,

HR, general administrative positions; or they

are companies whose nature of business

requires a large number of talents for only

a finite period of time; or they simply have

an impending need to recruit despite their

limited headcount, they will be able to

benefit from our valuable contingent talent

pool. Kelly has around 1,000 contractor and

temporary staff working for our various clients

in Hong Kong.

• Our Recruitment Process Outsourcing (RPO)

practice is a global leader in enterprise-wide

recruiting, placement, and retention — which

efficiently sources and matches top-quality

talent across all disciplines, job levels, and

geographies to different corporate cultures.

• Our customized Business Process

Outsourcing (BPO) service combines

strategic expertise and proven, controlled

processes with full accountability in all areas

— boosting productivity, efficiency, and

helps to lower costs, while offering superior

customer satisfaction levels.

• Our Contingent Workforce Outsourcing

(CWO) suite of services comprises a

comprehensive family of independently

contractor managed solutions, such as

evaluation, classification and risk mitigation.

Limiting our clients’ exposure to liability

fines and penalties associated with worker

misclassification, CWO also makes it easier

for clients to access critical talent.

2Executive Overview

42018 Salary & Hiring Outlook

Contents

22Information Technology

26Insurance

32Retail

36Telecommunications

SALARIES

6Banking & Finance

10Corporate Professionals(Finance / Legal / HR)

16Fast Moving Consumer Goods (FMCG)

18Healthcare & Life Sciences

20Industrial and Manufacturing

Methodology: Salary figures included in the 2018 Hong Kong Salary Guide are derived by combining the expertmarket knowledge of senior recruitment professionals within the Kelly network, as well as the latest job placement data recorded in the Kelly database.

All rights reserved. No part of this book may be reproduced or transmitted in any form without the written permission from Kelly Services Hong Kong. The information contained in the Salary Guide is intended for educational purposes only. Kelly Services Hong Kong takes no responsibility for any liabilities that emerge based on the information contained in this guide.

1

an international financial center. Furthermore, the company profit tax reduction and tax breaks for research and development delivered in the Chief Executive’s 2017 Policy Address is expected to further help attract more overseas and China technology institutes to set up their operations in Hong Kong.

To pave way for digital disruption, the HKSAR Government released the Hong Kong Smart City Blueprint in December 2017. The blueprint identified six key areas for development – smart mobility, smart living, smart environment, smart people, smart government and smart economy,

with the aim to transform Hong Kong into a world-class smart city in the next five years. With concrete plans in place, we expect the big data resource sharing aided by artificial intelligence will help the HKSAR Government to enhance their overall e-services and operation efficiency, and improve Hong Kong’s competitiveness in the era of digital transformation.

Regardless, Hong Kong remains a popular destination for APAC regional hubs. With an easing commercial rental market, we expect to see more foreign and China companies set up their offices and regional headquarters in Hong Kong. Equipped with a solid infrastructure and an independent legal system, Hong Kong will continue to attract new corporates into the city, fueling demand for professional talents. Nonetheless, talent will remain tight and we foresee relatively high staff turnover in 2018.

On the other hand, we have seen employers become more open-minded and flexible, seeking workforce solutions using part-time, contract or temporary staff. We expect these hiring trends to become mainstay in the foreseeable future.

This salary guide is but a start to our commitment to you this year. We look forward to introducing to you our 2018 company initiatives, and to sharing with our data, analysis and studies to help you identify talent solutions that meet your needs.

Alan Wong Managing Director and Country Head Kelly Services Hong Kong

In this Kelly Services Hong Kong 2018 Salary Guide, we are pleased to share our views on Hong Kong’s employment outlook and salary forecast for the year. The collection of job titles and salary ranges are a reflection of actual engagements between employers and employees, and they represent an accurate picture of the marketplace.

Hong Kong’s unemployment rate has hit its two-decade low of 2.9% in Q4 2017. Given the low unemployment, vibrant stock market, robust external trade and internal demand, Financial Secretary Paul Chan expected the city’s 2017 GDP growth to be around 3.7% – an over-achievement from the 2% to 3% growth projected in early 2017.

The overall positive results in 2017 have laid foundations for 2018 to be a year of robust growth. Projections of a steady US economy and stabilized China growth further provide prospects to the city, given China and the US are important direct investors of Hong Kong and the city’s role as

EXECUTIVE OVERVIEW

32

Portfolio Manager – Asset Management (VP/ Senior Manager)

HK$1.6m – 2.0mInvestment Consultant – Private Equity (AVP/ Manager)

HK$850k – 1.2mCompliance & Risk (VP / Senior Manager)

HK$800k – 1.2m Head of Treasury

HK$1.2m – 1.5m+Digital Marketing Manager

HK$500k – 800k

Data Scientist / Architect

HK$660k – 1.0m+ Blockchain Developer

HK$400k – 1.5mCloud Architect

HK$1.2m – 1.8mHead of Compliance

HK$900k – 1.3mHead of Actuary

HK$1.5m – 2.1m

HOT JOBS FOR 20182018 SALARY & HIRING OUTLOOK

5 HOT PROFESSIONAL SEGMENTS FOR 2018

Information Technology

Finance & Accounting

Compliance & Risk

Customer Relations /

Service

Sales & Marketing

2.9 – 3.5%Expected

unemployment rate in 20184

2.5% Expected

Inflation for 20182

4.1%Projected

Average Salary Increment6

17.1%Expected

Voluntary Staff Turnover Rate5

3.9 – 5.2%Expected increase in

Retail Sales Year on Year3

2.8% Expected

GDP Growth in 20181

Sources:1: FocusEconomics Forecast, Jan 20182 – 4: Trading Economics Forecast, Jan 20185 & 6: Aon 2017 Total Compensation Measurement (TCM) Study Hong Kong

54

Hong Kong’s banking and finance industry will likely enjoy a year of growth in 2018.

We expect wealth management and asset management segments to upkeep its strong growth momentum, with mainland Chinese companies making Hong Kong their first stop to look for global wealth management services, and mainland Chinese companies raising capital using Hong Kong as the base for their international expansion plans.

2018 is expected to be a year of change led by fintech. Apart from the SFC Regulatory Sandbox and the Fintech Supervisory Sandbox launched in 2017, the Hong Kong Innovation and Technology Bureau has declared 2018 to be a key milestone for the development of a Faster Payment System (FPS), supporting the promotion of mobile retail payments and real-time payment settlement anytime anywhere. Besides, the Hong Kong Monetary Authority will continue to focus on the development of blockchain and Distributed Ledger Technology platforms. Fintech will drive revenue generating opportunities and enable more services to be offered to an expanded segment of groups.

All in all, on the hiring front, we expect ample hiring opportunities in the domain of private equity and asset management businesses. Investment consultants, especially in fixed-income and treasury accounting will be much sought after. The hiring of risk and compliance professionals (AML / KYC) continues the trend from the last few years, and remains strong.

We expect the second and third-tier China and Asia banks to be aggressively expanding their market share in Hong Kong. Proficiency in Putonghua, English and Cantonese will remain to be the important hiring requirements. Fluency in Korean or Japanese will be considered a bonus in some roles.

We also expect an increased hiring of contract staff, especially in operations and back-office support, from compliance, finance, customer service, IT, sales and marketing, human resources to general office administration.

The average salary increment is expected to be 10 – 12% for job switchers, and 3 – 4% for those remaining in the same firm.

BANKING & FINANCE

µ HOT JOBS FOR 2018:

TITLEAVG. SALARY INCREMENT

(JOB SWITCH)

Investment Consultant – Private Equity (AVP / VP) �15%

Portfolio Manager – Asset Management (AVP / VP) �20%

Relationship Manager �16%

Treasury Accounting (VP) �12 – 15%

Operations, Settlement (VP) �15 – 17%

76

OCCUPATION TITLE RANGE OF MONTHLY BASE SALARY (HKD)

1 – 4 YEARS 5 – 8 YEARS 8+ YEARS

ACCOUNTING & FINANCE

Financial & Regulatory Reporting 28k – 45k 45k – 70k 70k – 100k

Product Control & Valuation 28k – 40k 50k – 75k 75k – 100k

Financial Controller 35k – 60k 60k – 85k 85k – 120k

GOVERNANCE

Compliance – AML Surveillance 25k – 45k 50k – 90k 100k+

Compliance and Control Analyst 25k – 45k 50k – 90k 100k+

BUSINESS OPERATIONS

Client Servicing 20k – 40k 40k – 65k 65k – 90k

KYC / Client Onboarding 20k – 40k 40k – 70k 70k – 100k

Trade Support & Settlement 18k – 35k 35k – 50k 50k – 75k

Settlement 18k – 35k 40k – 60k 60k – 80k

Administrator 16k – 28k 28k – 50k 50k+

Business Specialist 14k – 28k 28k – 50k 50k+

PROJECTS

Business Analyst 20k – 40k 45k – 75k 75k – 100k

Project Manager (CRM) 20k – 40k 40k – 65k 65k – 90k

RISK MANAGEMENT

Operational Risk 20k – 45k 45k – 70k 70k – 90k

BANKING & FINANCE (CONTRACT ROLES)

OCCUPATION TITLE RANGE OF ANNUAL BASE SALARY (HKD)

ANALYST

ASSOCIATE / AVP /

MANAGERVP / SENIOR

MANAGERSVP /

DIRECTOR

EXECUTIVE DIRECTOR / MANAGING DIRECTOR

CONSUMER BANKING – FRONT OFFICERelationship Manager /

Wealth Management 250k – 425k 425k – 560k 560k – 850k 850k – 1.2m 1.0 – 1.5m

CORPORATE BANKING – FRONT OFFICE

Relationship Manager µ 300k – 500k 500k – 750k 750k – 900k 900k – 1.2m 1.4m+

Trade Finance 400k – 500k 500k – 850k 900k – 1.2m 1.4m – 1.8m 1.8m+

INVESTMENT BANKING – FRONT OFFICE

Institutional Sales 600k – 850k 900k – 1.2m 1.4m – 1.8m 1.8m – 2.5m 2.5m+

CAPITAL MARKETS – FRONT OFFICE

Sales 300k – 550k 600k – 900k 1.0m – 1.5m 1.8m – 2.3m 2.5m+

PRIVATE BANKING – FRONT OFFICE

Relationship Management 650k – 850k 850k – 1.2m 1.2m – 1.5m 1.7m – 2.5m 2.5m+

PRIVATE EQUITY

Investment Consulting µ 600k – 800k 850k – 1.2m 1.2m – 1.5m 1.6m – 2.4m 2.5m+

ASSET MANAGEMENT

Portfolio Management µ 550k – 700k 750k – 1.0m 1.6m – 2.0m 2.0m – 2.5m 2.8m+

HEDGE FUNDS

Fund Management 550k – 650k 700k – 1.0m 1.2m – 1.5m 1.8m – 2.5m 2.8m+

MIDDLE & BACK OFFICE / FINANCIAL ACCOUNTING

Operations – Settlement µ 320k – 380k 400k – 600k 650k – 850k 900k – 1.2m 1.2m+

Operations – Documentation 320k – 450k 550k – 650k 700k – 1.0m 1.0m – 1.2m 1.2m+

Operations – Trade Support 300k – 500k 500k – 900k 900k – 1.2m 1.5m – 2.0m 2.0m+

Financial Control / Reporting 300k – 500k 500k – 750k 800k – 1.0m 1.2m – 1.6m 2.0m+

Management Reporting 300k – 340k 350k – 750k 800k – 1.5m 1.5m – 2.0m 2.0m+

Internal Audit 300k – 480k 500k – 800k 900k – 1.5m 1.6m – 2.0m 2.0m+

Treasury Accounting µ 340k – 450k 500k – 800k 850k – 1.2m 1.2m – 1.5m 1.5m+

Product Control 280k – 440k 440k – 800k 900k – 1.2m 1.5m – 1.8m 2.0m+

Project Management 300k – 450k 500k – 750k 800k – 1.2m 1.5m – 2.0m 2.0m+

RISK & COMPLIANCE

Market Risk 320k – 480k 500k – 950k 1.0m – 1.5m 1.5m – 2.0m 2.0m+

Credit Risk 300k – 450k 480k – 850k 850k – 1.4m 1.5m – 1.8m 1.8m+

Operational Risk 280k – 550k 600k – 950k 1.0m – 1.5m 1.5m – 2.0m 2.0m+

Compliance / Anti-Money Laundering 300k – 550k 550k – 750k 800k – 1.2m 1.5m – 2.0m 2.0m+

BANKING & FINANCE (PERMANENT ROLES)

98

In 2018, we foresee more mainland Chinese companies issuing IPOs in Hong Kong, leading to a continual seeking of experienced senior accountants, CFOs and treasury professionals. Those who have successful IPO experiences for clients in the ‘Big 4’ CPA firms with regional APAC exposure and good mastery of Putonghua will continue to be of high demand. We also anticipate an increase in demand for local financial controllers to be despatched to second and third world countries along ‘Belt and Road’. HR and in-house legal hiring activities will continue to be slow and stable with replacements dominating the hiring space.

On the other hand, we expect digitization and big data to start changing the hiring landscape of finance and accounting and HR professionals in 2018. Finance and accounting professionals with strategic and influential communication skills to support business collaboration and decision-making will be highly sought-after,

while we expect the highly technical routine accounting work will be taken over by machines in time.

Apart from such big scale HR digitization buzz, we expect to see artificial intelligence (AI) and machine learning to be first used in recruitment, and compensation and benefits. AI will likely take up recruitment of junior roles from sourcing, preliminary interviews to shortlisting of candidates. There may also be digital HR bots handling staff leave and claims and basic medical and lifestyle benefits. Technology disruption may affect the routine HR work, leaving the capable professionals to focus more on the core HR initiatives.

All in all, we expect financial and HR professionals to command an average of 10 – 12% salary increment for job switches and an average of 3 – 7% for natural progressions. Meanwhile, contract staff hiring for corporate back office will continue to be active.

CORPORATE PROFESSIONALS(FINANCE / LEGAL / HR)



(JOB SWITCH)

Finance & Accounting

Head of Treasury / Treasury Accountant �15 – 20%

Head of Planning & Analysis / Manager �12 – 15%

HR

HR Manager �12 – 15%

Compensation & Benefits Manager �12 – 15%

Legal

In-House Legal Counsel �12 – 15%

Company Secretary �12 – 15%

1110

CORPORATE PROFESSIONALS (FINANCE / LEGAL / HR)CORPORATE PROFESSIONALS (FINANCE / LEGAL / HR)

OCCUPATION TITLEEXPERIENCE

(YEARS)RANGE OF ANNUAL

BASE SALARY (HKD)RANGE OF MONTHLY BASE SALARY (HKD)

PERMANENT POSITIONS

CONTRACT POSITIONS

FINANCE

FINANCIAL ACCOUNTING

CFO 12 – 15+ 1.0m – 2.5m NA

Director 10 – 15+ 1.0m – 1.5m NA

Regional Controller 8 – 12+ 720k – 1.0m NA

Controller 8 – 12+ 650k – 720k 60k – 80k

Finance Manager 5 – 10+ 550k – 650k 40k – 60k

Accountant – Accounting Manager 3 – 5+ 216k – 550k 18k – 40k

AP / AR Accountant 3 – 5+ 250k – 400k 18k – 40k

AP / AR Collection Specialist 3 – 5+ 180k – 480k 16k – 40k

AUDIT / INTERNAL CONTROL

Head of Audit 10 – 15+ 1.0m+ NA

Internal Audit Manager 5 – 10+ 720k – 1.0m 50k – 80k

Internal Auditor 3 – 5+ 500k – 650k 38K – 50K

MANAGEMENT ACCOUNTING AND PLANNING & ANALYSIS

Head of Planning & Analysis µ 10+ 720k – 1.0m NA

Manager µ 8 – 10+ 650k – 720k NA

Senior Analyst 5 – 8+ 500k – 650k 45k – 70k

Analyst 3 – 5+ 320k – 550k 25k – 45k

Analyst (Data) 0 – 2 180k – 240k 15k – 20k

TREASURY

Head of Treasury µ 8 – 10+ 1.0m+ NA

Treasury Accountant µ 3 – 8+ 550k – 650k NA

Treasury Specialist 3 – 8 360k – 720k 30k – 60k

OCCUPATION TITLE EXPERIENCE (YEARS) RANGE OF ANNUAL SALARY (HKD)

PERMANENT POSITIONS

LEGAL

LAWYER (QUALIFIED SOLICITORS ONLY)

General Counsel 8+ PQE 1.0m – 1.5m

In-House Counsel µ 4 – 7 PQE 1.0m – 1.5m

In-House Counsel µ 1 – 3 PQE 550k – 800k

PARALEGAL

Paralegal 10+ 600k+

Paralegal 8+ 360k – 480k

Paralegal 4 – 7 220k – 360k

Paralegal 1 – 3 220k – 360k

COMPANY SECRETARY

Named Company Secretary 5+ 800k – 1.0m

Company Secretary µ 5+ 500k – 800k

Company Secretarial Assistant 1 – 3 264k – 360k

1312

CORPORATE PROFESSIONALS (FINANCE / LEGAL / HR) CORPORATE PROFESSIONALS (FINANCE / LEGAL / HR)




PERMANENT POSITIONS

CONTRACT POSITIONS

HR & ADMINISTRATION

HR GENERALIST

Director 10 – 15+ 1.0m – 1.5m NA

Regional Manager 8 – 12+ 600k – 1.0m NA

Manager µ 5 – 10+ 480k – 720k 40k – 60k

HR Generalist / Officer 3 – 5+ 260k – 360k 20k – 30k

HR Assistant 0 – 3 144k – 200k 12k – 17k

COMPENSATION & BENEFITS

Director 10 – 15+ 1.0m+ 1.0m+

Regional Manager 8 – 12+ 600k – 1.0m 600k – 1.0m

Manager µ 5 – 10+ 450k – 720k 450k – 720k

Executive/ Officer 3 – 5+ 250k – 360k 250k – 360k

TALENT ACQUISITION

Director 10 – 15+ 1.0m+ NA


Manager 5 – 10+ 450k – 720k 40k – 60k

Executive / Officer 3 – 5+ 250k – 360k 20k – 30k




PERMANENT POSITIONS

CONTRACT POSITIONS

TRAINING & DEVELOPMENT

Director 10 – 15+ 1.0m+ NA


Manager 5 – 10+ 450k – 720k 40K – 60K

Executive / Officer 3 – 5+ 250k – 360k 20k – 30k

BUSINESS SUPPORT

Office Manager 6 – 10 250k – 360k NA

Office Manager 3 – 5 250k – 360k NA

Personal Assistant 6 – 10 360k – 420k NA

Personal Assistant 3 – 5 250k – 360k NA

Executive Secretary 6 – 10 360k – 420k NA

Executive Secretary 3 – 5 250k – 360k 22k – 30k

Secretary 3 – 8 216k – 300k 18k – 25k

Administrative Manager 5 – 10 280k – 480k 30k – 55k

Administrative Assistant 4 – 8 216k – 360k 18k – 30k

Administrative Assistant 0 – 3 136k – 204k 11k – 17k

Driver 3 – 8 204k – 360k 17k – 30k

Receptionist 0 – 5 156k – 300k 13k – 25k

Tea Lady 0 – 1 144k – 204k 12k – 17k

1514

2017 has been a year of stable growth for FMCG.

Though Chinese retail tourism in Hong Kong has recorded a rebound in Q4 2017, FMCG sales has remained relatively stable. Online shopping backed by crowdsourcing logistics has allowed mainland Chinese to purchase even FMCG products on local and overseas online platforms. Hong Kong’s unique position as the shopping hub for genuine overseas products for Chinese mainlanders has become lacklustre. According to ‘The Future of E-commerce in FMCG’ reported by Kantar Worldpanel, China’s online FMCG sales surged 52% in the past year and is expected to account for 15% of the e-commerce market by 2025.

Going into 2018, consumer goods companies across industries will continue to undergo digital transformation and that many will increase their use of e-commerce channels; while e-commerce giants will move offline to transform the retail infrastructure. This indicates a shift in shopping habits – from relying heavily on brick-and-mortar to through-the-line

customer experience. Customers may become familiar of brands and products in store or via social media engagements. When they consider to purchase, they may check comments of the brands and their products, and compare prices on-line before they make purchases.

With the growing importance of omni-channel marketing, we expect data analysis, digital marketing and CRM professionals to be in hot demand. Those who possess a hybrid of skills to devise business and marketing strategy using data-driven analysis, generate customer demand by creating engaging content and differentiate themselves via unique brand-centric customer experience will be much sought after. We also see an emerging demand for junior digital marketing and social media specialists.

All in all, we expect an average of 5 to 15% salary increment for job switches, with hot roles commanding a few percentage more.

FAST MOVING CONSUMER GOODS (FMCG)



(JOB SWITCH)

Digital Marketing Manager �15%

Regional Sales Manager �10%

Business Development Manager �10%

Key Account Manager �10%

FAST MOVING CONSUMER GOODS (FMCG)

OCCUPATION TITLE EXPERIENCE (YEARS) RANGE OF ANNUAL BASE SALARY (HKD)

EXECUTIVE MANAGEMENT

Managing Director 15+ 1.5m+

General Manager 10+ 1.2m+

SALES AND OPERATIONBusiness Development Director /

Sales Director 10+ 800k – 1.3m+

Business Development Manager / Sales Manager µ 6+ 400k – 800k

Business Development Executive / Sales Executive 3+ 200k – 350k

Regional Sales Director 10+ 850k – 1.5m+

Regional Sales Manager µ 6+ 500k – 850k

Regional Sales Executive 3+ 240k – 400k

Key Account Director 10+ 550k – 900k

Key Account Manager µ 6+ 400k – 600k

Key Account Executive 3+ 200k – 350k

Trade Marketing Director 10+ 800k – 1.3m+

Trade Marketing Manager 6+ 450k – 800k

Trade Marketing Executive 3+ 220k – 360k

MARKETING

Marketing Director 8+ 720k – 1.0m+

Marketing Manager 5+ 420k – 700k

Marketing Executive 3+ 220k – 390k

Senior Brand Manager / Senior Product Manager 7+ 520k – 780k

Brand Manager / Product Manager 5+ 380k – 520k

Assistant Brand Manager / Assistant Product Manager 3+ 250k – 360k

CRM Director 8+ 720k – 1.0m+

CRM Manager 5+ 420k – 720k

CRM Executive 3+ 260k – 400k

Digital Marketing Director 8+ 720k – 1.0m+

Digital Marketing Manager µ 5+ 420k – 720k

Digital Marketing Executive 3+ 260k – 400k

PR / Communications Director 8+ 700k – 1.0m+

PR / Communications Manager 5+ 400k – 600k

PR / Communications Executive 3+ 250k – 400k

Events Director 8+ 700k – 1.0m+

Events Manager 5+ 400k – 550k

Events Executive 3+ 200k – 350k

1716

We expect the healthcare and life sciences industry to keep up with its stable growth.

The ageing and more affluent Hong Kong population is already creating opportunities for healthcare companies to innovate products and services to provide better health care services. With the HKSAR government encouraging innovation and technology, we see the possibility of more digital healthcare products being invented and launched in the market. The trend will lend business opportunities for new and established healthcare and life sciences companies to collaborate with enterprises in technology, telecommunications, mass retail, wellness & spa or even health-tourism to satisfy the health conscious and information-demanding consumers. These collaborations will fuel the demand for local professionals.

The Chinese Medicine Development Committee will continue with their plans to transform Hong Kong into a regional innovation development hub for Chinese medicine. We expect to continue seeing stable growth in the industry with hiring of R&D, product regulatory and quality teams in Hong Kong.

Other than the longer term plans, we continue to see a demand in sales and marketing professionals. Local professionals with China and international experience, good language skills and a willingness to travel will be the determining factors of a sought-after management candidate.

Job-switch salary increment will be between 10 to 15% and 4 to 5% for natural progressions.

HEALTHCARE & LIFE SCIENCES



(JOB SWITCH)

Marketing Manager – Pharmaceutical / Medical Devices �15%

Product Manager – Pharmaceutical / Medical Devices �15%

Customer Services Manager – Pharmaceutical / Medical Devices �10%

HEALTHCARE & LIFE SCIENCES


PHARMACEUTICAL

SALES & MARKETING

Sales Director (Regional) 15+ 800k – 1.2m

Area Manager 5+ 400k – 650k

Marketing Director 15+ 900k – 1.3m


R&D

R&D Director 15+ 1.0m – 2.0m

Clinical Research Manager 7+ 350k – 650k

Clinical Project Manager 5+ 250k – 500k

OTHERS

Medical Affairs Manager 8+ 350k – 600k

Product Manager µ 5+ 400k – 800k

Regulatory Manager 8+ 350k – 800k

Quality Manager 6+ 250k – 500k

Customer Services Manager 10+ 500k – 700k

MEDICAL DEVICES

SALES & MARKETING

Sales Director 12+ 900k – 1.3m


Marketing Director 15+ 800k – 1.3m


ENGINEERING

Principle Hardware Engineer 10+ 720k – 840k

Senior Hardware Engineer 5 – 8 660k – 720k

Principle Firmware Engineer 10+ 550k – 675k

Senior Firmware Engineer 5 – 8 492k – 612k

Technical Service Engineer 3 – 5 250k – 360k

PRODUCT

Project Engineer 5 – 8 450k – 565k

Product Manager µ 5+ 350k – 650k

Q&A Manager 8+ 250k – 550k

Regulatory Manager 8+ 250k – 650k

(PHARMACEUTICAL / MEDICAL DEVICES) SUPPLY CHAIN

Supply Chain Manager 15+ 800k – 1.0m

Customer Services Manager µ 8+ 500k – 700k

Logistics Manager 8+ 500k – 700k

Customer Services Representative 3+ 300k – 400k

1918

The industry ended on a high note in 2017 as the Purchasing Managers’ Index (PMI) hit its three-year high of 51.5 in December. PMI is an indicator of the economic health of the manufacturing sector, based on five major indicators: new orders, inventory levels, production, supplier deliveries and the employment environment. Given the expected expansion in the overall export demand of both developed and emerging markets, the Hong Kong Trade Development Council (HKTDC) estimated the manufacturing industry in Hong Kong to be enjoying a 6% increase in value, and a 4% increase in volume in 2018. The emerging technologies like cloud computing and Internet of Things (IoT) are expected to drive steady demand for semi-conductors and related components. Virtual reality applications, robotics and wearable electronics are also expected to enjoy a good year. We expect these technologies to be applied actively in educational toys, games and mobile gadgets.

On the other hand, 2018 is expected to be the golden period for digital transformation which remains more talk than action to many manufacturers to date. Those with vision are taking it seriously to avoid being phased out in the ‘4th industrial revolution. We are seeing keen companies look into digital strategies to improve their internal productivity and efficiency. Many are also exploring how technologies like IoT can add features and functionalities to service their customers better. ‘Change’ is the buzz word to many companies in the coming years.

Companies looking for transformation and change will be hiring senior positions such as Chief Innovation Officer (CIO) to lead their company. Technical expertise in cloud computing, IoT and AR/VR will also be hired for their respective needs for change. Across the board, we foresee many industries focusing on replacements.

We expect to see an average salary increment of 12% for job switches and 8% for natural progressions.

INDUSTRIAL AND MANUFACTURING



(JOB SWITCH)

Regional Supply Chain Director �15%

Procurement Manager �15%

Product Engineer �8%

INDUSTRIAL & MANUFACTURING


GENERAL MANAGEMENT

General Manager (Regional) 15+ 1.5m+

General Manager (Country) 12+ 900k – 1.2m

Production Director (Regional) 12+ 1.2m – 1.5m

Production Manager 10 – 15 600k – 900k

Marketing Director (Regional) 12+ 700k – 1.0m

Marketing Manager 8 – 12 500k – 800k

QUALITY

Quality Director (Regional) 15+ 800k – 1.1m

Quality Manager 10 – 15 480k – 720k

Quality Engineer 5 – 10 300k – 600k

SALES

Head of Sales (Regional) 15+ 800k – 1.1m

Sales Manager 8 – 15 480k – 720k

Sales Engineer 3 – 10 250k – 500k

SUPPLY CHAIN

Head of Supply Chain 18+ 1.2m – 1.6m

Supply Chain Director (Regional) µ 15+ 800k – 1.2m

Supply Chain Manager 8 – 15 600k – 900k

Planning Manager 8 – 15 600k – 900k

Distribution Manager 8 – 15 480k – 720k

Senior Supply / Demand Planner 5 – 10 360k – 500k

Planner 3 – 8 240k – 360k

PROCUREMENT

Procurement Director (Regional) 15+ 800k – 1.2m

Procurement Manager µ 8 – 15 600k – 900k

Materials Manager 8 – 15 600k – 900k

MANUFACTURING

Manufacturing Director 15+ 1.2m – 1.5m

Manufacturing Manager 8 – 15 600k – 900k

Manufacturing Engineer 2 – 10 250k – 500k

PROJECT MANAGEMENT

Project Director 15+ 1.1m – 1.5m

Project Manager 8 – 15 600k – 900k

Project Engineer µ 2 – 10 250k – 500k

Planning Engineer 2 – 10 350k – 800k

Safety and Environmental Officer 3 – 10 350k – 750k

2120

INFORMATION TECHNOLOGY


(YEARS)

RANGE OF ANNUAL BASE SALARY (HKD)

PERMANENT POSITIONS CONTRACT POSITIONS

BANKING NON–BANKING BANKING NON–BANKING

EXECUTIVE / GENERAL MANAGEMENT

CIO / CTO 15+ 2.8m – 3.5m 2.2m – 2.8m NA NA

Head of IT (Regional) 12 – 15 1.2m – 1.8m 1.0 – 1.6m NA NA

Head of IT 10 – 15 900k – 1.5m 720k – 1.2m NA NA

Service Delivery Manager 10 – 15 720k – 1.2m 720k – 800k 900k – 1.2m 700k – 950k

IT Manager 8 – 12 720k – 1.2m 720k – 800k 600k – 950k 600k – 800k

PROJECT MANAGEMENT

Program Manager 10 – 15 900k – 1.3m NA 450k – 600k 400k – 550k

Project Manager 8 – 12 700k – 1.0m 480k – 800k 700k – 900k 600k – 800k

Business Analyst 8 – 12 600k – 900k 400k – 720k 550k – 750k 500k – 650k

Project Management Officer 8 – 12 600k – 900k 400k – 720k 550k – 750k 500k – 650k

Project Analyst 5 – 8 300k – 500k 240k – 360k 400k – 500k 300k – 450k

Solution Architect 8 – 12 800k – 1.2m 600k – 900k 600k – 950k 500k – 800k

INFRASTRUCTURE

Network Specialist 5 – 8 540k – 720k 450k – 600k 480k – 600k 400k – 600k

Network Specialist 3 – 5 420k – 540k 360k – 460k 350k – 500k 300k – 400k

Storage Specialist 5 – 8 540k – 720k 450k – 600k 500k – 650k 400k – 650k

Storage Specialist 3 – 5 420k – 540k 360k – 460k 400k – 550k 300k – 450k

Database Administrator 5 – 8 540k – 720k 450k – 600k 450k – 700k 400k – 600k

Database Administrator 3 – 5 420k – 540k 360k – 460k 350k – 500k 300k – 450k

Helpdesk Specialist 5 – 8 420k – 540k 360k – 460k 400k – 550k 300k – 450k

Helpdesk Specialist 3 – 5 360k – 480k 300k – 480k 280k – 420k 200k – 350k

System Adminstrator 5 – 8 540k – 720k 450k – 600k 500k – 700k 420k – 520k

System Adminstrator 3 – 5 420k – 540k 360k – 460k 320k – 520k 300k – 460k

IT Audit / Security 5 – 8 540k – 720k 420k – 540k 420k – 650k 360k – 550k

IT Audit / Security 3 – 5 300k – 540k 300k – 460k 300k – 480k 260k – 400k

SOFTWARE / APPLICATION DEVELOPMENT

Application Manager 8 – 12 600k – 960k 480k – 720k 550k – 700k 480k – 650k

DevOps Engineer µ 5 – 8 480k – 780k NA 500k – 850k NA

System Analyst 5 – 8 540k – 720k 480k – 600k 450k – 600k 420k – 540k

Analyst Programmer 2 – 5 360k – 540k 300k – 420k 320k – 550k 300k – 480k

Programmer µ 0 – 2 180k – 300k 160k – 260k 180k – 300k 160k – 260k

Application Support 3 – 5 420k – 600k NA 360k – 540k 260k – 420k

Trade Floor Support 3 – 5 480k – 720k NA 420k – 600k NA

DATA ANALYSIS

The hiring market of the information technology industry has been dynamic in 2017. In view of talent shortage, we have seen employers being more accommodating and liberal with more flexible remuneration packages and faster decision-making process. We expect the trend to continue into 2018.

With digital transformation and innovation being the main drive for future growth, IT practitioners are no doubt hot sought after. However, with technology changing the future outlook of the world, there will be adjustments in skillset distribution across the industries. Fintech and insurtech will spearhead some interesting innovations in the banking and financial industries in 2018: biometrics or other cybersecurity measures, digital KYC and the emerging technology of blockchain, customer service bot advisors and contactless payment technologies, etc. Besides, the following technologies are also deemed to lead a wave of growth affecting many industries: the growth of cloud storage and security, Internet-of-Things (IoT), AR/VR, big data and artificial intelligence.

Chinese companies are still attempting to offer remuneration packages to match with that of MNCs. Even though they are weaker in their basic pays, we expect their attractive bonuses will make the overall packages more enticing. We also expect to see more mainland Chinese and Southeast Asian professionals being hired for their knowledge and experience of the new skillsets.

IT directors who have strong business acumen and entrepreneurial spirit, and can prove their ability to lead digital transformation will be sought after for positions such as Head of Innovation. As always, the more junior IT specialists of up to 8 years of experience and possess strong project managements skills are not short of hiring opportunities. The contract staffing trend of this particular group will continue to grow.

We expect the average salary increment for job switchers to be 15 to 23%. Those who stay in the same company for natural progressions will have an average salary increment of 5 to 8%.




(JOB SWITCH)

Blockchain Developer �15 – 20%

Cloud Architect �15 – 20%

DevOps Engineer �12%

Programmer �15%

Regional Sales Director �10%

2322



(YEARS)



BANKING NON–BANKING BANKING NON–BANKING

Data Architect 10+ 1.0m+ 900k+ 500k – 650k 500k – 550k

Senior Data Scientist 8 – 10 800k – 1.0m 720k – 900k 550k – 700k 550k – 650k

Data Scientist 5 – 8 730k – 800k 660k – 720k 300k – 550k 300k – 550k

Machine Learning Specialist 3 – 5 600k – 720k 540k – 660k NA NA

AI Specialist 3 – 5 528k – 660k 480k – 600k NA NA

BLOCKCHAIN

Solutions Architect 10+ NA 1.2m – 1.5m 500k – 700k 500k – 600k

Backend Developer µ 3 – 5 420k – 540k 360k – 456k 400k – 550k 350k – 480k

Project Manager 10+ NA 1.0m – 1.2m NA NA

CLOUD TECHNOLOGY

Solutions Architect µ 10+ NA 1.2m – 1.5m 500k – 650k 500k – 550k

Solutions Consultant 3 – 5 NA 360k – 480k 550k – 700k 550k – 650k

Product Manager 5 – 8 NA 480k – 600k NA NA

Infrastructure Engineer 5 – 7 NA 540k – 720k NA 400k – 600k

E-COMMERCE / M-COMMERCE

Head of e-Commerce 12+ NA 1.2m+ NA NA

Technical Manager 8 – 12 NA 720k – 1.0m NA 550k – 900k

Application Manager 8 – 12 NA 600k – 900k NA 550k – 850k

Director of Loyalty 8 – 12 NA 1.2m – 1.5m NA NA

Loyalty Manager 5 – 10 NA 600k – 800k NA NA

Product Manager 5 – 8 NA 456k+ NA NA

Product Analyst 3 – 5 NA 336k – 456k NA NA

CRM / Data Analyst 5 – 8 NA 380k – 630k NA 380k – 600k

Online Merchandising Manager 5 – 8 NA 360k – 600k NA NA

Information Architect 5 – 8 NA 480k – 720k NA 400k – 650k

SEO / SEM 5 – 8 NA 540k – 720k NA NA

UX / UI Specialist 5 – 8 NA 420k – 600k NA 400k – 500k

Mobile Apps Architect 10+ NA 700k+ 450k – 600k 450k – 600k

Mobile Apps Developer 3 – 5 NA 300k+ 250k – 450k 300k – 500k

Mobile Apps Developer 1 – 3 NA 240k – 390k 200k – 250k 180k – 300k

Graphic Designer 5 – 8 NA 240k – 480k NA 220k – 450k



(YEARS)



FOR FINANCIAL INSTITUTIONS

FOR COMMERCIAL

FOR FINANCIAL INSTITUTIONS

FOR COMMERCIAL

IT SALES (VENDORS)

Regional Sales Director µ 15+ 1.8m+ 1.2m+ NA NA

Business Development Manager (Regional) 8 – 12 1.2m – 2.0m 800k – 1.2m NA NA

Business Development Manager 8 – 12 800k – 1.2m 550k – 900k NA NA

Business Development Manager 5+ NA 550k+ NA NA

Business Development Manager 3 – 5 NA 400k – 550k NA NA

Pre-sales Consultant (Regional) 8 – 12 900k – 1.5m 720k – 1.2m NA 650 – 950k

Pre-sales Consultant 5+ NA 650k+ NA NA

Pre-sales Consultant 3 – 5 550k – 900k 420k – 650k NA 350k – 600k

Pre-sales Consultant 1 – 3 NA 300k – 420k NA NA

Account Manager 2 – 5 NA 300k – 550k NA NA

Account Manager 1 – 2 NA 220k – 300k NA NA

Sales Manager 3+ NA 800k+ NA NA

Sales Manager 1 – 3 NA 550k – 800k NA NA

2524

In 2017, mergers and acquisitions activities were active in Hong Kong. The rising protectionist sentiments, brought about by the Brexit and the U.S. government, has provided opportunities for the up-and-coming mainland Chinese and Asian companies to acquire established Hong Kong and APAC insurance operations as a means to realize their global plans. The keen players, supported by policies such as Insurtech Sandbox and Fast Track, are enabled to test their new insurance technology under a controlled environment. Additionally, digital insurers can even accelerate the authorisation process to improve their time-to-market. Thus we expect insurtech to become the prima donna in 2018.

While launching their new online products by using either Internet-of-Things (IoT) to obtain customer information or expanding their online customer acquisition channels, we expect insurers to be treading on fine compliance lines.

Overall, we foresee hiring activities of life insurance companies to be more active than their general insurance counterparts. In view of the imminent insurtech boom, digital marketing expertise and customer service professionals will be in great demand, and so will it be for compliance and legal professionals.

We expect to see an average salary increment of 17 to 20% for those switching jobs and 4 to 5% for natural progressions.

INSURANCE



(JOB SWITCH)

Head of Marketing �16 – 21%

Head of Compliance �20 – 25%

Actuary Manager �19 – 23%

2726


(YEARS) RANGE OF ANNUAL BASE SALARY (HKD)

LIFE NON-LIFE RE-INSURANCE BROKING

OPERATIONS

COO 10+ 1.0m – 1.5m 900k – 1.4m 1.0m – 1.5m 950k – 1.5m

Regional Manager 8 – 10+ 500k – 900k 500k – 800k 500k – 900k 600k – 800k

Head of Operations 10+ 400k – 900k 600k – 900k 400k – 900k 500k – 800k

Manager 6 – 8 400k – 700k 400k – 700k 400k – 700k 400k – 700k

CUSTOMER SERVICE

Head of Customer Service 10+ 900k – 1.2m 900k – 1.2m 900k – 1.2m 900k – 1.2m

Senior Manager 10+ 720k – 960k 720k – 960k 720k – 960k 720k – 960k

Customer Service Manager 8 – 10 540k – 660k 540k – 660k 540k – 660k 540k – 660k

POLICY ADMINISTRATION

Department Head 10+ 950k – 1.2m 950k – 1.2m 950k – 1.2m 950k – 1.2m

Senior Manager 8 – 10+ 720k – 960k 720k – 960k 720k – 960k 720k – 960k


PRODUCT DEVELOPMENT

Department Head 10+ 1.7m+ 1.5m+ 1.5m+ 1.4m+

Manager / Senior Manager 6 – 10 600k – 1.3m 800k – 1.3m 900k – 1.4m 800k – 1.3m

Assistant Manager 3 – 6 400k – 600k 400k – 800k 400k – 800k 400k – 800k

Analyst / Senior Analyst 1 – 3 100k – 400k 100k – 400k 100k – 400k 100k – 400k

LEGAL

Chief Legal Officer 10+ 1.5m – 2.0m 1.5m – 2.0m 1.2m – 2.0m 1.2m – 1.9m

Head of Legal 8 – 10+ 500k – 900k 700k – 900k 600k – 900k 600k – 900k

Legal Counsel 7 – 9 900k – 1.3m 900k – 1.3m 900k – 1.5m 900k – 1.5m

AUDITING

Head of Auditing 10+ 1.5m – 2.0m 1.5m – 2.0m 1.2m – 2m 1.2m – 1.9m

Senior Manager 10+ 500k – 900k 700k – 900k 600k – 900k 600k – 900k

Manager 8 – 10+ 900k – 1.3m 900k – 1.3m 900k – 1.5m 900k – 1.5m

PARTNER DISTRIBUTION

Head of Training 10+ 1.1m – 1.6m 1.1m – 1.6m NA NA

Associate Director 8 – 10+ 720k – 1.0m 720k – 1.0m NA NA

Senior Manager 8 – 10 660k – 900k 660k – 900k NA NA

Manager 8 – 10 480k – 660k 480k – 660k NA NA

INSURANCE (PERMANENT ROLES)INSURANCE (PERMANENT ROLES)




UNDERWRITING

Regional Head 10+ 1.3m – 1.8m 1.2m – 1.7m 1.4m – 1.9m+ 1.2m – 2.0m

Regional Manager 10+ 800k – 1.4m 800k – 1.4m 800k – 1.3m 900k – 1.3m

Head of Department 8 – 10 700k – 1.3m 700k – 1.3m 700k – 1.3m 700k – 1.1m


CLAIMS

Regional Head 10+ 1.2m – 1.6m 1.2m – 1.6m 1.2m – 1.6m 1.0m – 1.5m

Regional Manager 7 – 10+ 900k – 1.3m 800k – 1.2m 800k – 1.3m 800k – 1.2m

Head of Department 8 – 10+ 800k – 1.1m 800k – 1.1m 700k – 1.2m 700k – 1.2m


ACTUARY (QUALIFIED)

Department Head 10+ 1.7m+ 1.5m+ 1.5m+ 1.4m+

Manager / Senior Manager µ 6 – 10 600k – 1.3m 800k – 1.3m 900k – 1.4m 800k – 1.3m



BUSINESS DEVELOPMENT / SALES

Business Development Director 10+ 1.3m – 1.6m 1.1m – 1.5m 1.0m – 1.4m 950k – 1.7m

Senior Manager 8 – 10 650k – 950k 650k – 950k 650k – 950k 720k – 1.1m


COMPLIANCE

Regional Head 10+ 1.5m – 2.0m 1.5m – 2.0m 1.2m – 2.0m 1.2m – 1.9m

Regional Manager 7 – 9 500k – 900k 700k – 900k 600k – 900k 600k – 900k

Head of Department µ 8 – 10 900k – 1.3m 900k – 1.3m 900k – 1.5m 900k – 1.5m


MARKETING

Head of Marketing µ 10+ 1.1m – 1.8m 1.1m – 1.7m 1.1m – 1.7m 1.1m – 1.7m

Senior Manager 8 – 10 600k – 800k 500k – 700k 600k – 800k 500k – 850k


ACCOUNTING / FINANCE

CFO 10+ 1.4m – 1.8m 1.3m – 1.8m 1.3m – 1.8m 1.3m – 1.8m

Regional Manager 8 – 10+ 1.1m – 1.5m 1.1m – 1.5m 1.1m – 1.5m 1.1m – 1.5m

Comptroller 7 – 10+ 800k – 1.3m 800k – 1.3m 800k – 1.3m 800k – 1.3m


2928


(YEARS) RANGE OF MONTHLY BASE SALARY (HKD)


COMPLIANCE

Head of Department 8 – 10 75k – 108k 75k – 108k NA NA


MARKETING

Head of Marketing 10+ 75k – 125k 75k – 115k 75k – 125k 75k – 115k

Senior Manager 8 – 10 50k – 66k 50k – 58k 55k – 66k 50k – 66k


ACCOUNTING / FINANCE


OPERATIONS


CUSTOMER SERVICE

Customer Service Manager 8 – 10 45k – 55k 45k – 55k 45k – 55k 45k – 55k

POLICY ADMINISTRATION


LEGAL

Legal Counsel 7 – 9 75k – 108k 75k – 108k 75k – 125k 75k – 108k

AUDITING

Manager 8 – 10+ 75k – 100k 75k – 100k 75k–125k 75k – 125k

PARTNER DISTRIBUTION

Head of Training 10+ NA NA NA NA

Associate Director 8 – 10+ NA NA NA NA

Senior Manager 8 – 10 NA NA NA NA


AGENCY DEVELOPMENT

Head of Training 10+ NA NA NA NA

Associate Director 8 – 10+ NA NA NA NA

Senior Manager 8 – 10 NA NA NA NA


INSURANCE (CONTRACT ROLES)




AGENCY DEVELOPMENT

Head of Training 10+ 900k – 1.2m 900k – 1.2m NA NA

Associate Director 8 – 10+ 780k – 850k 780k – 850k NA NA

Senior Manager 8 – 10 600k – 780k 600k – 780k NA NA



(YEARS) RANGE OF MONTHLY BASE SALARY (HKD)


UNDERWRITING

Regional Head 10+ 100k – 150K 108k – 140K NA NA

Regional Manager 10+ 66k – 116k 66k – 116k NA NA

Head of Department 8 – 10 58k – 108k 58k – 108k NA NA


CLAIMS

Regional Head 10+ 95k – 130k 95k – 130k NA NA

Regional Manager 7 – 10+ 75k – 108k 75k – 100k NA NA

Head of Department 8 – 10+ 66k – 91k 66k – 91k NA NA


ACTUARY (QUALIFIED)

Department Head 10+ 141k+ 125k+ 125k+ 125k+

Manager / Senior Manager 6 – 10 50k – 108k 50k – 108k 50k – 110k 50k – 108k



INSURANCE (PERMANENT ROLES)

INSURANCE (CONTRACT ROLES)

3130

A few corrections have taken place in the past years to pave way for a stable recovery expected in 2018. The retail sales YoY is expected to stand at 3.9% by the end of 2018, according to the Trading Economics global macro models and analysts.

Firstly, the used-to-be exorbitant rent has come down by one-third of its price since the market peak in 2014. Secondly, the plummeted mainland Chinese tourist numbers which dominated retail tourism in Hong Kong have seen improvement since 2017. Visitors from countries, such as Japan and Korea, are also growing. This offers an improved diversification of tourist mix, and allows Hong Kong to build on a wider retail growth base. Nonetheless, Chinese tourists’ behaviour will remain to be important trend indicators. With Alibaba and JD.com aggressively attracting the luxury retail shoppers for products which were previously only accessible in Hong Kong and other countries, we foresee the Chinese retail tourism to focus more on mid-range products with

moderate volume. Lifestyle apparel, cosmetics, beauty and skincare, and F&B are also expected to be strong segments in 2018.

Given the rise of online shopping, unique brand experience and personalized customer service are key in setting retailers apart. Going forward, we expect retailers to be more proactively synchronizing their database between online and offline channels, and analysing such data real time for enhanced and more personalized customer service delivery. Job seekers who can create enhanced retail tech experiences, such as CRM practitioners, data analysts, digital marketers, mobile app developers, AR/VR designers, AI and robotic programmers, and strong customer service professionals will be in high demand. Part-time sales and customer service individuals will continue to be called for. We expect the average salary increment for job switchers to be 10 to 20%+. Those who stay in the same company for natural progressions will have an average salary increment of 3 to 8%.

RETAIL



(JOB SWITCH)

CRM Manager �15%+

Customer Service Executive �10%+

Merchandiser / Buyer �10%+

Marketing Manager �10%+

3332

RETAIL


MARKETING

Marketing Director 8+ 754k – 1.0m+

Marketing Manager µ 5+ 455k – 600k

Marketing Executive 3+ 222k – 390k

Brand Manager 8+ 520k – 780k

CRM Manager µ 5+ 455k – 1.0m+

CRM Executive 3+ 264k – 390k

Customer Service Manager 8+ 390k – 780k

Customer Service – Team Leader 5+ 264k – 360k

Customer Service Executive µ 3+ 200k – 364k

Digital Marketing Director 8+ 800k – 1.0m+

Digital Marketing Manager 5+ 520k – 840k

Digital Marketing Executive 3+ 330k – 450k

PR / Communications Manager (Regional) 5+ 540k – 780k

PR / Communications Manager 5+ 390k – 585k

MERCHANDISING / BUYING

Merchandising / Buying Manager 8+ 650k – 845k

Merchandiser / Buyer µ 5+ 320k – 500k

STORE DESIGN

Head of Visual Merchandising 10+ 900k – 1.0m+

Visual Merchandising Manager 5+ 585k – 715k

Visual Merchandising Executive 3+ 260k – 350k

Store Planning Director 8+ 715k – 1.0m+

Store Planning & Design Manager 5+ 420k – 780k

Store Design Executive 3+ 204k – 325k

RETAIL


EXECUTIVE MANAGEMENT

Managing Director 15+ 1.2m+

General Manager 10+ 1.0m+

SALES AND OPERATION

Head of Retail (Regional) 12+ 1.5m+

Head of Retail 10+ 1.0m+

Retail Director (Regional) 8+ 1.2m+

Retail Director 8+ 1.0m+

Retail Manager (Regional) 8+ 700k – 975k

Retail Manager 8+ 550k – 780k


Store Manager 6+ 325k – 650k*

Supervisor 5+ 286k – 390k*

Retail Sales 1+ 156k – 325k*

Wholesale Manager (Regional) 8+ 650k – 1.0m+*

Wholesale Manager 5+ 494k – 650k*

Travel Retail Director 8+ 1.0m+

Travel Retail Manager 5+ 450k – 715k

Sales Manager (Regional) 5+ 585k – 1.0m+

Sales Manager 5+ 455k – 650k*

Sales Executive 3+ 260k – 390k*

* Commission not included

3534

The Hong Kong telecommunications market has long been saturated – limited growth with keen competition. Yet in recent years, innovation and new technology has injected energy into the industry. Keen visionary players understand that in the near future, telecommunications players will be competing also with players of other industries, such as those in media and entertainment. Many are investing in talents with specialized skills and are developing new features and services. The high 70%+ smartphone penetration rate in Hong Kong has provided favourable conditions for these keen Telecommunications, Media and Entertainment (TME) players. Cloud and security solutions, mobility solutions, Internet-of-Things (IoT), data storage and

security, AI, etc, are hot development areas. With opportunities brought about by ‘Belt- and-Road’, we expect to see continued growth and robust hiring in 2018, with China enterprise spearheading in the gameplay.

The ideal candidate will need to have a good mastery of bi-literacy and tri-lingualism. We foresee data centre professionals (eg. facility engineers, data centre operators), mobility solution professionals in IoT, OTT, and mobile payment, to be in high demand.

We expect to see an average salary increment of 10 to 20% for job switches and up to 10% for natural progressions.

TELECOMMUNICATIONS



(JOB SWITCH)

Sales – Business Development / Channel / Sales / Account Manager �20 – 30%

Presales �10 – 25%

Solution Consultant (Cloud) �20 – 35%

Data Centre Officer �10 – 20%

Project / Network / System Engineer �10 – 20%

TELECOMMUNICATIONS


SALES

Regional Sales Director 15+ 1.6m+

Sales Director 12+ 1.3m+

Business Development Manager (Regional) 8+ 1.2m+

Business Development Manager µ 5+ 700k+

Business Development Manager µ 1 – 5 <700k

Sales Manager µ 3+ 600k – 900k

Sales Manager µ 1 – 3 450k – 700k

Senior Account Manager µ 1 – 3 400k – 600k

Account Manager µ 3 – 5 300k – 500k

Account Manager µ 1 – 3 250k – 400k

PRE-SALES

Regional Consultant 8+ 800k+

Solutions Consultant µ 5+ 500k+

Solutions Consultant µ 3 – 5 350k – 550k

Solutions Consultant 1 – 3 200k – 400k

PRODUCT

Product Manager 5 – 8 480k – 720k

Product Manager µ 3 – 5 330k – 480k

Product Executive 1 – 3 240k – 330k

ENGINEER

Network / System 5+ 400k+

Network / System µ <5 <400k

DATA CENTRE

Technical Officer µ 0 – 8 156k – 264k

3736

Unit 402-412, 4/F, Hutchison House,10 Harcourt Road, Central, Hong Kong.Tel: (852) 2281 0000Email: [email protected] with us on LinkedIn and Facebook. www.kellyservices.com.hk

Kelly Services Hong Kong (A PERSOLKELLY Company)

2018 - CTgoodjobs · 2018-10-24 · Portfolio Manager – Asset Management (VP/ Senior Manager)...

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