SALARY SURVEY 2013 - Robert Walters Singapore

Indonesia has a population ofapproximately 275 million peopleand an economy that is growingat 6% annually. The governmenthas been able to stem inflationwith specially designed policies,creating an environment forfurther economic growth.Additionally, with a growingmiddle class possessing higherdisposable incomes, Indonesiahas become one of the largestand rapidly growing emergingmarkets in the world.This burgeoning middle classwere a significant driving forcebehind increasing domesticconsumption, which led tofurther growth within the FMCG,healthcare and medical servicessectors. As a result, there wasa rise in sales and marketingjob opportunities to meet theincreasing demand from thisdemographic.The country also remainsan attractive destination forbusinesses as it continues tointernationalise and evolve.Its ability to remain resilient amidan uncertain global economicclimate made it a prime locationfor foreign investment, whichin turn further fuelled domesticindustry growth.The jobs market remainedcandidate-short in certain areas,such as banking and financialservices, as well as humanresources. This could potentiallythreaten companies’ futuregrowth plans as they competefor a finite pool of professionals.2013 is likely to be an interestingyear full of challenges andopportunities for the Indonesiarecruitment market. Companiesacross various industries arelooking to expand and growtheir business and talentedprofessionals are therefore likelyto be in demand across all sectors,causing a further squeeze onthe number of qualified andexperienced professionals.With such intense competitionfor the best candidates,employers will need to focus ontheir talent retention strategiesand/or offer more competitivepackages to ensure they keeptheir key employees.indonesiaRobert Walters Global Salary Survey 2013 2012