SALARY SURVEY 2013 - Robert Walters Singapore

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HONGKONGHONGKONGPROPERTY&CONSTRUCTIONHONGKONGPROPERTY&CONSTRUCTIONPROPERTY&CONSTRUCTIONRobertWaltersGlobalSalarySurvey2013291Ourspecialistproperty&constructiondivisionspecialisesinplacingmidtoseniorlevelprofessionalsacrosskeydisciplinessuchasarchitecturaldesign,projectmanagementandinteriordesign.Roleswerecruitforincludeprojectdirectors,constructionmanagersandgeneralmanagers.MarketOverviewJoblevelsinthefirsthalfof2012werelowerthanoriginallyanticipated;thiswasduetothecontinuedmarketuncertaintygloballyandaslowdownoftheChineseeconomy.However,hiringlevelsincreasedinthesecondhalfoftheyearaslargeconstructionprojectswererolledoutacrossthecorporatemarketinChina.Inthetailendofthelastquarter,manyfirmsadoptedamorecautiousrecruitmentapproachtohiringastheytightenedtheirbudgetsandlookedtoreduceheadcount.Throughout2012,wesawmostdemandatthemidtoseniorlevel,withtechnicalprojectmanagement,architecture,propertydevelopment,leasingandretailoperationsexpertiseparticularlysought-after.Specifically,organisationssoughtprojectmanagers/directors,architectsandleasingmanagerstoworkonnewprojectsinChina’sTier2andTier3cities.However,mostcandidateswerenotkeentorelocatetotheseremoteprovinces.Professionalswhowerewillingtotravelfrequentlywerepreferredbyhiringbusinesses,especiallyforregionalrolesbasedinChina.Candidateswithstronglanguageskillswerealsohighlysought-after.Professionalswithregionalmanagerialexperiencetypicallyexpectedsalaryincrementsofaround10-20%,whichwasonparwith2011.Outlookfor2013DuetostrongprojectedgrowthintheChinesemarket,weanticipateincreasedrecruitmentactivityin2013.Projectmanagers,architecturaldesigners,surveyorsandconstructionengineersarelikelytobemostsought-afteracrossthepropertyandconstructionsector.Manybelievethattheseroleswillseemoreactivityintheearlypartof2013astherewillbeahighsupplyofqualifiedcandidatesinthefollowingChineseNewYear.Salaryincreaseswilldependonseniority,withseniorcandidatestypicallyexpectingrisesof15-25%whenmovingjobscomparedto10-15%atthemorejuniorlevel.Theseincrementswillbeofferedbycompanieslookingtoattractthetoptalent.Bycomparison,professionalsremainingintheirexistingrolesarelikelytoreceiveayear-on-yearincreaseofaround5-10%.
HONGKONGHONGKONGPROPERTY&CONSTRUCTIONHONGKONGROLEPERMANENTSALARYPERANNUM$HK2012 2013PROPERTY&CONSTRUCTIONProjectManagementGeneralManager(15+yrs'exp) $1.5m+ $1.5m+ProjectDirector(10-12yrs'exp) $1.2-1.4m $1.3-1.5mSeniorProjectManager(8-10yrs'exp) $850k-1.1m $900k-1.2mProjectManager(5-7yrs'exp) $600-800k $650-850kArchitecturalDesignDesignDirector(10-12yrs'exp) $1.4m+ $1.4m+AssistantDirector(8-10yrs'exp) $1.1-1.4m $1.2-1.4m+SeniorDesignManager(5-7yrs'exp) $850k-1m $900k-1mDesignManager(5yrs'exp) $600-750k $650-850kM&EDirector(10-12yrs'exp) $1.2-1.3m+ $1.2-1.3m+AssistantDirector(8-10yrs'exp) $900k-1.1m $1-1.2mSeniorM&EManager(5-7yrs'exp) $700-900k $750-950kQuantitySurveyingDirector(10-12yrs'exp) $1.1-1.3m $1.1-1.3m+AssistantDirector(8-10yrs'exp) $850k-1.1m $900k-1.2mSeniorQSManager(5-7yrs'exp) $600-800k $600-800kConstructionSeniorConstructionManager(10-12yrs'exp) $720-900k $800k-1mConstructionManager(8-10yrs'exp) $500-720k $550-800kInteriorDesignSeniorIDManager(8-10yrs'exp) $720-950k $800k-1mIDManager(5-7yrs'exp) $500-720k $550-800kPROPERTY&CONSTRUCTIONNB:Figuresarebasicsalariesexclusiveofbenefits/bonusesunlessotherwisespecified.RobertWaltersGlobalSalarySurvey2013 292
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WELCOME TO THE FourtEENTH EDITION O
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CONTENTSCONTENTSCONTENTSDüsseldorf
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