SALARY SURVEY 2013 - Robert Walters Singapore

SAOPAULOTAX&LEGALTAX&LEGALWerecruittaxandlegalprofessionalsforin-housepermanentrolesacrossabroadrangeofindustrysectorsandlawyersfromassociatetopartnerlevelforprivatepracticefirms.MarketOverviewThetaxandlegalrecruitmentmarketfollowedsimilartrendsin2012to2011,withglobaleconomicconditionshavinglittleimpactonoverallvacancylevels.Thismeantthatenergy,oilandgasbusinessesinparticularwererecruitinginnoticeablyhighvolumes,whileM&Adealsledtoasignificantnumberofopportunitiesbecomingavailable.However,marketconditionsresultedinhiringfocusingonspecificareas,suchascontracts,compliance,capitalmarketsandcorporate,competitionandtaxlaw.In-houseDuring2012,wesawasignificantincreaseinlegalprofessionalsworkinginprivatepracticetransferringtoin-houserolesasmanageranddirector-levelopportunitiesbecameavailable.Inparticular,wesawdemandforregulatory,corporateandrealestatespecialists.ThetaxjobsmarketcontinuedtoimproveasinternationalcompaniessoughttoensuretheircompliancewithBrazil'scomplextaxsystem.Forthisreason,professionalsfromaconsultancybackgroundwithmanagementandEnglish-speakingabilitieswerereceivingsalaryincreasesrangingbetween4-36%.PrivatePracticeDuring2012,thelegalprivatepracticejobsmarketinBrazilwasdominatedbytwomaintrends:theformationofsmallerlegalfirmsfollowingthedivisionofmediumandlargeenterprisesandmergersbetweenboutiquestoformlargeroffices.Thesetrendscreatednotablemovementbetweeninstitutions,withcertainprofessionalsindemandsuchaslawyers,associatesandpartners.Salariesfortheseprofessionalsincreasedbyaround7%.Outlookfor2013Weexpecttherecruitmentmarketfortaxandlegalprofessionalsfor2013toremainactiveduetosignificantmarketevents,suchasthepre-saltoilandgasreservesdiscoveriesandvariousmajorinfrastructureprojects.Asaresult,demandforskilledprofessionalsintheareasofinfrastructure,agribusiness,energyandoilandgaswillremain.TAX&LEGALROLEPERMANENTSALARYPERANNUMR$4-8YRS'EXP 9-12YRS'EXP 12+YRS'EXP2012 2013 2012 2013 2012 2013LegalDirector R$200-350k R$250-380k R$320-480k R$320-480kLegalManager R$95-180k R$100-190k R$130-240k R$135-260k R$180-330k R$190-350kTaxDirector R$210-320k R$250-360k R$240-360k R$280-490kTaxManager R$95-180k R$100-210k R$140-200k R$150-220k R$180-300k R$190-320kTaxPlanningManager R$120-200k R$130-220k R$160-250k R$170-260k R$220-350k R$230-380kPartner R$140-300k R$150-320k R$280-480k R$300-520kAssociateLawyer R$80-120k R$85-140k R$105-160k R$110-170k R$140-210k R$150-230kNB:Figuresarebasicsalariesexclusiveofbenefits/bonusesunlessotherwisespecified.RobertWaltersGlobalSalarySurvey2013 150