SALARY SURVEY 2013 - Robert Walters Singapore

HONGKONGHONGKONGSUPPLYCHAIN,LOGISTICS&PROCUREMENTHONGKONGSUPPLYCHAIN,LOGISTICS&PROCUREMENTSUPPLYCHAIN,LOGISTICS&PROCUREMENTRobertWaltersGlobalSalarySurvey2013289Oursupplychain,logistics&procurementdivisionspecialisesinplacingprofessionalsacrossavarietyofdisciplinesincludingbusinessdevelopment,salesandaccountmanagement,demandandsupplyplanning,logistics,sourcingandprocurement,andqualityassurance.Werecruitformultinationalcorporationsandotherdynamiccompaniesacrosscorporateservices,realestate,thirdpartylogisticsandfinancialservices.MarketOverviewLogistics&SupplyChainRecruitmentlevelswererelativelyhighthroughout2012withanotableriseinbothnewandreplacementpositions.Sourcingandmerchandisingprofessionalswerehighlysought-afterascompaniesfocusedongrowingtheirmarketshareinChina.Merchandisingmanagersandgarmenttechnicianswererecruitedforentryandmiddlemanagementlevelroles,whilecompaniesalsorecruitedprofessionalsforheadofsourcingandlogisticstoleadteams.Inacandidate-shortmarket,employerswereopentoconsideringprofessionalsfromotherpartsofAsiawhowereabletotakeonaregionalportfolio.Candidateswhomovedjobsgenerallyaskedfora20%salaryrise.However,mosttypicallyrecieved10-15%whendoingso.Bycomparison,professionalswhostayedintheirexistingrolesreceivedincreasesofbelow10%.Sourcing&MerchandisingInthefirsthalfoftheyear,mostrecruitmentwasforreplacementhires,beforejoblevelsroseduringthesecondhalfoftheyear.GrowthintheretailsectorinChinadrovedemandforsourcingandmerchandisingprofessionals.ThisincreaseindemandwasalsotheresultofadesirebyretailcompaniestobasetheirsourcingheadquartersinHongKongsotheycouldbeclosertotheirproductbasesinChina,VietnamandBangladesh.Garmenttechnicalmanagerswererecruitedinlargenumbers,aswereseniorlevelsourcingandmerchandisingprofessionals.Companieswereparticularlykeentohireseniorsourcingcandidateswithin-houseUSorEuropeanmarketexposure,asthesearesizeabletradingmarketsforHongKong.Generalmerchandisingmanagersanddirectorswerealsoindemandtohelpplanandexecutebusinessadvancementstrategies.Manycandidatesreceivedanincrementof15%whenchangingjobs,withthewhoweremostindemandskillsetscouldpotentiallyreceive18-20%.ProcurementHiringlevelsremainedsteadythroughouttheyear.ThiswasduetoseveralorganisationsinthefinancialservicessectorexpandingtheiroperationsinHongKong,whichledtoanincreaseindemandforprocurementprofessionalsatthemanagerialtoAVPlevel.Thesecandidatesweresought-afterasbusinessescentralisedtheirprocurementprocess,tightenedtheirvendorlistandsoughttoimproveefficiency.Thehighestjoblevelswereinorganisationsinthetechnology,telecommunications,humanresourcesandtravelsectors.Professionalsmovingjobsinthesesectorsreceivedsalaryincreasesofupto20%whendoingso.Outlookfor2013AsChina’sconsumerspendcontinuestorise,andasanincreasingnumberofEuropeanbrandslooktoexpandinAsia,moresourcingbasesarelikelytobeestablishedinHongKong.Thiswillmeantherewillbecontinueddemandforprofessionalstoformteamsattheseheadquarters.Withsomehighfashionbrandspreparingtolaunchluxurysportswearlines,jobseekerswithsportswearsourcingexperiencewillthereforebeparticularlysought-after.Logisticsandsupplychainprofessionalsarelikelytoconsideroffersverycarefullybeforemovingcompanies.Companyreputation,aswellasthesalaryonoffer,arelikelytobethelargestinfluencingfactors.Weexpectthatcompanieswillcontinuetorecruitmerchandising,sourcingandlogisticsmanagersduetothebusiness-criticalnatureofthesepositions.FirmswithintheprocurementsectorarepreparingtodrivegrowthacrossAsiabyalsousingHongKongasacentralbase,whichwillcreateagreaternumberofjobopportunities.Whilethebankingandfinancialservicessectorislikelytohireonlyinmodestvolumes,recruitmentlevelscouldpotentiallyincreaselaterintheyear.Organisationsinthefinancialservicessectorarelikelytobeopentocandidatesfromavarietyofsectors.Weexpectsalarylevelstoincreaseby5-10%forstaffstayingwiththeirexisitngemployers,withbusinessesreplyingmoreontrainingandinternaltransferopportunities,toretaintalent.Professionalsmovingjobsarelikelytocontinuetoreceiveincreasesof10-15%whendoingso.