SALARY SURVEY 2013 - Robert Walters Singapore

SYDNEYSALES,MARKETING&COMMUNICATIONS-BANKING&FINANCIALSERVICESSYDNEYSALES,MARKETING&COMMUNICATIONSBANKING&FINANCIALSERVICESOursales&marketingfinancialservicesdivisionrecruitssales,marketing,communicationsandproductprofessionalswithinthebankingandfinancialservicessector.Werecruitatalllevelsforbothcontractandpermanentroles.MarketOverviewComparedtootherprofessionsinthesector,salesandmarketingrecruitmentlevelswithinfinancialservicesremainedrelativelystrong.Althoughtherewasafairlysteadydemandforprofessionalsthroughouttheyear,wesawanoticeableincreaseinjoblevelsinquartersthreeandfour.Atthestartoftheyear,recruitmentwasprimarilylimitedtoretailsuperannuationandwealthmanagement,onthebackofmergers,aswellaslegislativeandsuperannuationchanges(includingthe‘BetterSuper’andFutureofFinancialAdvicereforms).ROLEDuetocontinuedchangeswithinthewealthmanagementsector,wesawincreaseddemandinthisareainquartertwo.Therewasparticulardemandformarketingprofessionalswithexperienceinabove,belowandthrough-thelineadvertisingcampaignsintheinsurancespaceasthisbecameafocusforrevenuegeneration.Recruitmentactivitycontinuedtoincreaseinquartersthreeandfour,ledbythesuperannuationandinsurancesectors.Recruitmentintheretailinvestmentspacealsoincreasedonthebackofgrowthinthesuperannuationsector.Giventhelackofdomesticjobseekersinthemarket,wefoundthatcandidatesreturningfromoverseaswereabletore-enterthemarketrelativelyeasilycomparedtoprofessionalsinotherdisciplines.Outlookfor2013Weanticipatethesalesandmarketingjobsmarketwillremainrelativelyconsistentin2013.Asthesuperannuationandwealthmanagementspacecontinuestoevolve,therewillbeongoingdemandforcandidateswithproductexperience.Organisationshiringprofessionalswithincandidate-shortmarkets,suchassuperannuationandretailinvestment,willhavetoproactivelyrecruitandretaintheiremployees.PERMANENTSALARYPERANNUM$AUS2012 2013HeadofMarketing $160-200k $160-220kCommunicationsManager $110-130k $110-130kSeniorMarketingManager $130-150k $130-150kMarketingManager $90-120k $90-125kMarketingExecutive $70-90k $75-90kHeadofSales $180-250k $180-250kBusinessDevelopmentManager $110-180k $110-180kRelationshipManager $110-140k $110-140kProductManager $110-130k $110-130kProductDevelopmentManager $130-170k $130-180kSYDNEYSALES,MARKETING&COMMUNICATIONS-BANKING&FINANCIALSERVICESNB:Figuresaresalariesinclusiveofsuperannuation,butexclusiveofbenefits/bonusesunlessotherwisespecified.231RobertWaltersGlobalSalarySurvey2013