SALARY SURVEY 2013 - Robert Walters Singapore
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SALARY SURVEY 2013 - Robert Walters Singapore

SALARY SURVEY 2013 - Robert Walters Singapore

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DUBLINDUBLINCOMMERCE&INDUSTRYACCOUNTANCY&FINANCE,SALES&MARKETING,SUPPLYCHAIN&PROCUREMENTDUBLINCOMMERCE&INDUSTRY-ACCOUNTANCY&FINANCE,SALES&MARKETING,SUPPLYCHAIN&PROCUREMENTCOMMERCE&INDUSTRY-ACCOUNTANCY&FINANCE,SALES&MARKETING,SUPPLYCHAIN&PROCUREMENT<strong>Robert</strong><strong>Walters</strong>GlobalSalarySurvey<strong>2013</strong>73Commerce&IndustryMarketOverviewWesawasignificantvarietyofrolesreleasedtotheIrishmarketin2012,fromaccountspayableandpart-qualifiedleveltobusinesspartnerandFD/CFO.TheFMCG,pharmaceuticalsandtechnologysectorsremainedmoreresilienttoexternaleconomicfactorswithaslightincreaseinactivitywithinmanufacturing.Therewasalsoariseindemandfrommedia/broadcasting,sharedservicesandoutsourcing/managedservicesorganisations.Hiringactivityremainedstrongwithinaccountingfirms,withamarginalincreaseinauditrequirementscomparedto2011.Recruitmentactivitywassteadyinthespecialistadvisory,financetransformationandCFOservicesareasaswellascorporatefinanceandtransactionservices,wherethelargerfirmssoughtmidtoseniorlevelqualifiedfinanceprofessionalswithspecialistSSCtransformationexperienceorM&Aexposure.Demandforspecialistskillsetsremainedakeytrendduring2012,mostnotablyrevenueaccountingwithintechnology/softwarecostaccountingwithinmanufacturingandmodelling/forecastingbothgenerallywithinmultinationalsandspecificallywithinsharedservices.Wesawlittleimprovementinpermanentopportunitiesfortaxprofessionalswithinindustryasclientspreferredtohirecontractorsinthisarea.Thispreferenceallowedclientstostrengthentheirteamswhilecircumventingpermanentheadcountrestrictions.Outlookfor<strong>2013</strong>Weexpecttoseethecontinuationofasomewhatcautious,butgenerallypositiveapproachtopermanenthiringduring<strong>2013</strong>andawidevarietyoffinancerolestobereleased.However,wedonotanticipateastrongincreaseinpermanentdemandfortaxprofessionalswithinindustryasemployersfocusoncontracthiresinthisarea.WeexpecttoseemostrecruitmentactivitywithinFMCGandpharmaceuticalorganisationsduetotherelativestrengthofthesesectors.Sales&MarketingMarketOverviewThedemandforsalesandmarketingprofessionalsincreasedacrossbothindustryandfinancialservices,mostnotablywithinFMCG,telecommunications,retail,lifeinsuranceandretailbankingorganisations.Therewasanincreaseinsalariesforindemandspecialistskillsets,particularlyformarketingandcommunications,branddevelopment,strategicmarketing,consumerinnovation,transformationprojectsandseniorbusinessdevelopmentprofessionals.WealsoexperiencedincreaseddemandforprofessionalswithmorethanoneEuropeanlanguage.Specialistskillsetsandnicheexperienceremainedprerequisitesforhiringorganisations.Theseemployerswerepreparedtopayhighersalariestomatchthepreciserequirementsandsecurethebestindividualfortheposition.Outlookfor<strong>2013</strong>Salariesareexpectedtosteadilyincreaseacrosssalesandmarketingroles.WeanticipatethatdemandwillremainstrongforprofessionalswithmorethanoneEuropeanlanguageasorganisationsseektopenetratenewandexistingmarkets.Apremiumwillbepaidtotheseindividualsfortheirservices.SupplyChain&ProcurementMarketOverviewSupplychainandprocurementjoblevelsincreasedsubstantiallyduring2012.FMCG,foodmanufacturing,telecomsandpharmaremainedthemostbuoyantsectorsintermsofrecruitmentactivityoverallin2012.ThemajorityofdemandwasfromMNCsandPLCsembarkingonglobaltransformationprogrammes.Asaresult,supplychainandprocurementprofessionalswithlarge-scaletransformationorchangemanagementprojectsexperienceweremostsought-after.Mostvacanciestendedtobespecialistinnature.Specifically,professionalswithprovenSixSigma,continuousimprovementandsystemsimplementationexperiencewereinhighdemand.Theseroleswerepredominantlyatmid-to-executivelevelwithglobalorinternationalresponsibilities.Salariesbecameakeyissueinthenegotiationprocessduring2012ascandidateexpectationsrose.Inmanycasestheseprofessionalshadnotreceivedanincreasesince2009andwerenotpreparedtomovewithoutrecievingasignificantsalaryrise.Dependingontheurgencyoftheassignmentandthespecialistskillssetsrequired,employerswerepreparedtobeflexibleinthisrespect.Outlookfor<strong>2013</strong>Weanticipatethatdemandforsupplychainandprocurementprofessionalsamongsmallercompanieswillincreaseduring<strong>2013</strong>astheseemployersrealisethecostsavingstheseprofessionalscanoffer.

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