You are on page 1of 49

Indonesia

Salary Benchmark 2018

Worldwide leaders in specialist recruitment


www.michaelpage.co.id
Worldwide leaders in specialist recruitment
www.michaelpage.co.id
SALARY
BENCHMARK
Indonesia
2018 Market Insights

A business-friendly Indonesia looks to a Top industries


bright 2018
Overall outlook
Driven in particular by domestic consumption and investments, Indonesia Agriculture Manufacturing
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 Logistics FinTech
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.
By the numbers*
“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. 4 professionals
While this spike in demand may cool down, we anticipate the need average number of
for upskilling in key positions. Technology is growing quickly too, with candidates employers
a strong demand for talent ranging from programmers to CIO-level.”
interview before
Olly Riches, Managing Director, Michael Page Indonesia making a job offer

Key trends

1-4 months
• S ignificant 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 average time
to further modernise and develop Indonesia’s family owned businesses. employers take to
secure talent
• 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 3 rounds
graduates from fields including sales and marketing, technology as well of interviews typically
as across more senior management. undergone by candidate
• Human Resources continues to grow as a discipline, as companies
with a company before
prioritise more sustainable growth plans. Logistics is seen as another securing a position
area key for growth in 2018, while Marketing professionals are in strong
demand – although there remains a candidate shortage in this area.
*These employment trends are based on the Michael Page database in the last 12 months.

Worldwide leaders in specialist recruitment


www.michaelpage.co.id
SALARY
BENCHMARK
Indonesia
2018 Digital

“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.”

Roles in demand Top industries

• Product Managers
Technology Local Conglomerates
• Developers
• Project Managers

Consultancies Banks & Insurance Firms

By the numbers*
$

26-30% average salary increase when moving jobs

Employment trends*

4 professionals 1-4 months 3 rounds


average number of candidates average time employers of interviews typically undergone
employers interview before take to secure talent by candidate with a company
making a job offer before securing a position

*These employment trends are based on Michael Page’s database in the last 12 months.

Worldwide leaders in specialist recruitment


www.michaelpage.co.id
SALARY
BENCHMARK
2018 Digital

Salary Tables

Agency
SALARY 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-house
SALARY 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

Worldwide leaders in specialist recruitment


www.michaelpage.co.id
Indonesia
SALARY
BENCHMARK
Engineering &
2018 Manufacturing

“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.”

Roles in demand Top industries

• Manufacturing managers
FMCG Chemical
• Quality managers
• Maintenance managers

Agri-business Packaging

By the numbers*

55% 21-25%
increase in number of average salary increase
positions in the last when moving jobs
$

12 months

Employment trends*

4 professionals 1-4 months 3 rounds


average number of candidates average time employers of interviews typically undergone
employers interview before take to secure talent by candidate with a company
making a job offer before securing a position

*These employment trends are based on Michael Page’s database in the last 12 months.

Worldwide leaders in specialist recruitment


www.michaelpage.co.id
SALARY
BENCHMARK
2018 Engineering & Manufacturing

Salary Tables

Research & Development


SALARY 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/Manufacturing
SALARY RANGE (IDR IN MIL)

ROLE MIN MAX AVERAGE

Production Engineer 78 195 137

Production Engineering Manager 195 520 358

Quality Control/Assurance
SALARY 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 Management
SALARY 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

Worldwide leaders in specialist recruitment


www.michaelpage.co.id
SALARY
BENCHMARK
Indonesia
2018 Finance & Accounting

“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.”

Roles in demand Top industries

• Financial/business analysts
• Finance, accounting and tax Industrial FMCG
managers
• Financial/business controllers
and business partners
E-commerce Logistics

By the numbers*

17% 21-25%
increase in number of average salary increase
positions in the last when moving jobs
$

12 months

Employment trends*

4 professionals 1-4 months 3 rounds


average number of candidates average time employers of interviews typically undergone
employers interview before take to secure talent by candidate with a company
making a job offer before securing a position

*These employment trends are based on Michael Page’s database in the last 12 months.

Worldwide leaders in specialist recruitment


www.michaelpage.co.id
SALARY
BENCHMARK
2018 Finance & Accounting

Salary Tables

General
SALARY 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

Worldwide leaders in specialist recruitment


www.michaelpage.co.id
SALARY
BENCHMARK
2018 Finance & Accounting

Salary Tables

Specialist
SALARY 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.

Worldwide leaders in specialist recruitment


www.michaelpage.co.id
SALARY
BENCHMARK
Indonesia
2018 Financial Services

“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.”

Roles in demand Top industries

• Risk and compliance


professionals Banking Insurance
• IT
• Analysts
Fintech Securities & Asset
Management

By the numbers*

10% 31-35%
increase in number of average salary increase
positions in the last when moving jobs
$

12 months

Employment trends*

4 professionals 1-4 months 3 rounds


average number of candidates average time employers of interviews typically undergone
employers interview before take to secure talent by candidate with a company
making a job offer before securing a position

*These employment trends are based on Michael Page’s database in the last 12 months.

Worldwide leaders in specialist recruitment


www.michaelpage.co.id
SALARY
BENCHMARK
2018 Financial Services

Salary Tables

Regulatory Finance
SALARY 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 Control
SALARY 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

Tax
SALARY 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.

Worldwide leaders in specialist recruitment


www.michaelpage.co.id
SALARY
BENCHMARK
2018 Financial Services

Salary Tables

Treasury
SALARY 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 Accounting
SALARY 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

Worldwide leaders in specialist recruitment


www.michaelpage.co.id
SALARY
BENCHMARK
2018 Financial Services

Salary Tables

Investment Management
Fund Accounting
SALARY 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 Accounting
SALARY 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 Management
SALARY 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

Worldwide leaders in specialist recruitment


www.michaelpage.co.id
SALARY
BENCHMARK
2018 Financial Services

Salary Tables

Investment Banking
SALARY 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

Insurance
SALARY 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 Analysis
SALARY 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

Worldwide leaders in specialist recruitment


www.michaelpage.co.id
SALARY
BENCHMARK
2018 Financial Services

Salary Tables

Risk
Operational Risk
SALARY 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 Risk
SALARY 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 Risk
SALARY 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

Worldwide leaders in specialist recruitment


www.michaelpage.co.id
SALARY
BENCHMARK
2018 Financial Services

Salary Tables

Compliance
Investment Banking
SALARY 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 Management
SALARY 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

Insurance
SALARY 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

Worldwide leaders in specialist recruitment


www.michaelpage.co.id
SALARY
BENCHMARK
2018 Financial Services

Salary Tables

Compliance-Anti-Money Laundering
SALARY 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 Actions
SALARY 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 Support


SALARY 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

Worldwide leaders in specialist recruitment


www.michaelpage.co.id
SALARY
BENCHMARK
2018 Financial Services

Salary Tables

Client Services & Onboarding


SALARY 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 Operations
SALARY 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 Management
SALARY 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.

Worldwide leaders in specialist recruitment


www.michaelpage.co.id
SALARY
BENCHMARK
2018 Financial Services

Salary Tables

Global Markets - Front Office Banking & Financial Markets


Equity Research
SALARY 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 Finance
SALARY 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 & Trading


SALARY 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

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

Worldwide leaders in specialist recruitment


www.michaelpage.co.id
SALARY
BENCHMARK
2018 Financial Services

Salary Tables

Corporate Banking Relationship Manager


SALARY 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 Finance


SALARY 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 Finance


SALARY 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

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.

Worldwide leaders in specialist recruitment


www.michaelpage.co.id
SALARY
BENCHMARK
2018 Financial Services

Salary Tables

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 Management


SALARY 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

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.

Worldwide leaders in specialist recruitment


www.michaelpage.co.id
SALARY
BENCHMARK
2018 Financial Services

Salary Tables

Private Banking
SALARY 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 Equity
SALARY 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

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.

Worldwide leaders in specialist recruitment


www.michaelpage.co.id
SALARY
BENCHMARK
Indonesia
2018 Human Resources

“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.”

Roles in demand Top industries

• Human Resource Heads


F&B E-commerce
• HR Business Partner
• Talent Management

Fragrances & Flavour Services

By the numbers*

20% 21-25%
increase in number of average salary increase
positions in the last when moving jobs
$

12 months

Employment trends*

4 professionals 1-4 months 3 rounds


average number of candidates average time employers of interviews typically undergone
employers interview before take to secure talent by candidate with a company
making a job offer before securing a position

*These employment trends are based on Michael Page’s database in the last 12 months.

Worldwide leaders in specialist recruitment


www.michaelpage.co.id
SALARY
BENCHMARK
2018 Human Resources

Salary Tables

Banking and Financial Services


SALARY 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 Industry


SALARY 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

Worldwide leaders in specialist recruitment


www.michaelpage.co.id
SALARY
BENCHMARK
2018 Human Resources

Salary Tables

FMCG
SALARY 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

Worldwide leaders in specialist recruitment


www.michaelpage.co.id
SALARY
BENCHMARK
Indonesia
2018 Legal

“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.”

Roles in demand Top industries

• General Counsel (In-house)


• Mid level -Senior Associate Technology Infrastructure
(Law firm)
• Commerical Legal Counsel
Manufacturing Renewable Energy

By the numbers*

30% 21-25%
increase in number of average salary increase
positions in the last when moving jobs
$

12 months

Employment trends*

4 professionals 1-4 months 3 rounds


average number of candidates average time employers of interviews typically undergone
employers interview before take to secure talent by candidate with a company
making a job offer before securing a position

*These employment trends are based on Michael Page’s database in the last 12 months.

Worldwide leaders in specialist recruitment


www.michaelpage.co.id
SALARY
BENCHMARK
2018 Legal

Salary Tables

Pharmaceutical & FMCG


SALARY 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 & Infrastructure


SALARY 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 & IT
SALARY 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.

Worldwide leaders in specialist recruitment


www.michaelpage.co.id
SALARY
BENCHMARK
2018 Legal

Salary Tables

Financial Services
SALARY 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/IT
SALARY RANGE (IDR IN MIL)

ROLE MIN MAX AVERAGE

Legal Manager 260 520 390

Legal Head 390 1,100 745

Law Firm
SALARY 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

Worldwide leaders in specialist recruitment


www.michaelpage.co.id
SALARY
BENCHMARK
Indonesia
2018 Marketing

“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.”

Roles in demand Top industries

• Marketing Heads
Tech start-ups Agencies
• Partnership Managers
• Digital Marketers

Entertainment Education

By the numbers*

69% 26-30%
increase in number of average salary increase
positions in the last when moving jobs
$

12 months

Employment trends*

4 professionals 1-4 months 3 rounds


average number of candidates average time employers of interviews typically undergone
employers interview before take to secure talent by candidate with a company
making a job offer before securing a position

*These employment trends are based on Michael Page’s database in the last 12 months.

Worldwide leaders in specialist recruitment


www.michaelpage.co.id
SALARY
BENCHMARK
2018 Marketing

Salary Tables

Financial Services
SALARY 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 Industrial


SALARY 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

Worldwide leaders in specialist recruitment


www.michaelpage.co.id
SALARY
BENCHMARK
2018 Marketing

Salary Tables

Consumer Products & FMCG


Marketing
SALARY 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 Development


SALARY 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 Relations
SALARY 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

Worldwide leaders in specialist recruitment


www.michaelpage.co.id
SALARY
BENCHMARK
2018 Marketing

Salary Tables

Media and Entertainment


SALARY 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 Services
SALARY 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

Worldwide leaders in specialist recruitment


www.michaelpage.co.id
Indonesia
SALARY
BENCHMARK
Procurement &
2018 Supply Chain

“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.”

Roles in demand Top industries

• Planning / S&OP
FMCG Logistics
• Procurement Managers
• Logistics Professionals

B2B Manufacturing Retail

By the numbers*

30% 21-25%
increase in number of average salary increase
positions in the last when moving jobs
$

12 months

Employment trends*

4 professionals 1-4 months 3 rounds


average number of candidates average time employers of interviews typically undergone
employers interview before take to secure talent by candidate with a company
making a job offer before securing a position

*These employment trends are based on Michael Page’s database in the last 12 months.

Worldwide leaders in specialist recruitment


www.michaelpage.co.id
SALARY
BENCHMARK
2018 Procurement & Supply Chain

Salary Tables

Warehousing
SALARY 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

Logistics
SALARY 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 Chain
SALARY 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

Worldwide leaders in specialist recruitment


www.michaelpage.co.id
SALARY
BENCHMARK
2018 Procurement & Supply Chain

Salary Tables

Manufacturing & Production


SALARY 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

Engineering
SALARY RANGE (IDR IN MIL)

ROLE MIN MAX AVERAGE

Project Management 130 210 170

Engineering (Manufacturing,Mechanical, Electrical and Electronic) 130 210 170

Procurement
SALARY 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

Worldwide leaders in specialist recruitment


www.michaelpage.co.id
SALARY
BENCHMARK
2018 Procurement & Supply Chain

Salary Tables

Quality, Compliance & Process Improvement


Operations
SALARY 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 & Compliance


SALARY 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

Worldwide leaders in specialist recruitment


www.michaelpage.co.id
SALARY
BENCHMARK
Indonesia
2018 Property & Construction

“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.”

Roles in demand Top industries

• Project Managers
Property Developer Consultancy
• Structural Managers
• Schedulers

EPC EPCM

By the numbers*

83% 26-30%
increase in number of average salary increase
positions in the last when moving jobs
$

12 months

Employment trends*

4 professionals 1-4 months 3 rounds


average number of candidates average time employers of interviews typically undergone
employers interview before take to secure talent by candidate with a company
making a job offer before securing a position

*These employment trends are based on Michael Page’s database in the last 12 months.

Worldwide leaders in specialist recruitment


www.michaelpage.co.id
SALARY
BENCHMARK
2018 Property & Construction

Salary Tables

Consultancy
SALARY 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 Estate


SALARY 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

Worldwide leaders in specialist recruitment


www.michaelpage.co.id
SALARY
BENCHMARK
2018 Property & Construction

Salary Tables

Projects
SALARY 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 Investments


SALARY 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

Worldwide leaders in specialist recruitment


www.michaelpage.co.id
SALARY
BENCHMARK
Indonesia
2018 Sales

“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.”

Roles in demand Top industries

• Key Account Managers


Infrastructure Logistics
• Route to Market Managers
• Sales Heads

Fintech Power and Energy

By the numbers*

69% 16-20%
increase in number of average salary increase
positions in the last when moving jobs
$

12 months

Employment trends*

4 professionals 1-4 months 3 rounds


average number of candidates average time employers of interviews typically undergone
employers interview before take to secure talent by candidate with a company
making a job offer before securing a position

*These employment trends are based on Michael Page’s database in the last 12 months.

Worldwide leaders in specialist recruitment


www.michaelpage.co.id
SALARY
BENCHMARK
2018 Sales

Salary Tables

Advertising Agency
SALARY 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 Agency
SALARY 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 Services
SALARY 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 Industrial


SALARY 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

Worldwide leaders in specialist recruitment


www.michaelpage.co.id
SALARY
BENCHMARK
2018 Sales

Salary Tables

Consumer Products & FMCG


Account Management
SALARY 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

Sales
SALARY 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 Management
SALARY 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

Worldwide leaders in specialist recruitment


www.michaelpage.co.id
SALARY
BENCHMARK
2018 Sales

Salary Tables

Media and Entertainment


Sales and Business Development
SALARY 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 Research
SALARY 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

Worldwide leaders in specialist recruitment


www.michaelpage.co.id
SALARY
BENCHMARK
Indonesia
2018 Technology

“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.”

Roles in demand Top industries

• IT Heads
• IT Security Managers Digital start-ups Consumer Goods

• Software Engineers
(all levels)
Fintech Industrial/Engineering

By the numbers*
$

20-35% average salary increase when moving jobs

Employment trends*

4 professionals 1-4 months 3 rounds


average number of candidates average time employers of interviews typically undergone
employers interview before take to secure talent by candidate with a company
making a job offer before securing a position

*These employment trends are based on Michael Page’s database in the last 12 months.

Worldwide leaders in specialist recruitment


www.michaelpage.co.id
SALARY
BENCHMARK
2018 Technology

Salary Tables

Banking and Financial Services


Development, Design and Architecture
SALARY 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 Network


SALARY RANGE (IDR IN MIL)

ROLE MIN MAX AVERAGE

Infrastructure Manager 260 520 390

Head of Infrastructure 390 780 585

Project Management
SALARY 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 Management
SALARY 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

Worldwide leaders in specialist recruitment


www.michaelpage.co.id
SALARY
BENCHMARK
2018 Technology

Salary Tables

Support and Administration


SALARY 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 Architecture
SALARY 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 Network


SALARY 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

Worldwide leaders in specialist recruitment


www.michaelpage.co.id
SALARY
BENCHMARK
2018 Technology

Salary Tables

Project Management
SALARY 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 Management
SALARY 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 Administration


SALARY 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

Worldwide leaders in specialist recruitment


www.michaelpage.co.id
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
enquiries@michaelpage.co.id

You might also like