Indonesia MP Salary Benchmark 2019 ALL Web

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CONTENTS
INSIGHTS & SALARY BENCHMARK
Business & Financial Services 7
Consumer & Retail 12
Energy & Natural Resources 17
Industrial & Manufacturing 19
Property & Construction 25
Technology & Telecommunications 28
2 Michael Page Indonesia Salary Benchmark 2019

LARYBENCHMARK2019INDONESIASALARYBENCHMARK2019INDONESIASALARYBENCH
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ABOUT SALARY BENCHMARK

The Michael Page Salary Benchmark is our annual salary report developed to provide hiring managers and
candidates with a reference on salary ranges across key industries, including Consumer & Retail, Energy &
Natural Resources, Business & Financial Services, Technology & Telecommunications and more.
It provides an overview of market and employment trends, with observations such as job seekers’
sentiments. Additionally, it highlights hiring trends and roles in demand within each industry.
The report is available in 13 markets across the Asia Pacific region; Australia, China, Hong Kong, India,
Indonesia, Japan, Malaysia, New Zealand, Philippines, Singapore, Taiwan, Thailand and Vietnam.
Report methodology
Data for the Michael Page Salary Benchmark is derived from our proprietary database capturing job
advertisements and placements from August 2017 to July 2018, and incorporates salary increase
projections for 2019. It is supplemented with data and insights from other PageGroup studies, such as
the Job Applicant Confidence Index, and validated against insights from our leaders’ and consultants’
interactions with clients and candidates.
Michael Page Indonesia Salary Benchmark 2019 3

RETURNEES: A SOLUTION FOR A

CANDIDATE-SHORT MARKET
Economic outlook The flipside is the added impetus to develop and

Indonesia remains stable in terms of trading with retain local talent: many large MNCs now hire no
solid GDP growth. Some economic areas are still more than five expatriates. Finding and retaining
quality talent remains a challenge. Indonesia
Our Membangun
lagging, such as Natural Resources, while
interesting bright spots including the re-emergence remains a candidate-short market, where graduate
training schemes are largely underdeveloped. As
Negeri campaign has
of the Energy sector. Demand from local
conglomerates remains high, while traditional such, talent acquisition relies heavily on network
and connections.
been very successful
consumer businesses are relatively flat. Digital and
Technology are growing steadily, with a burgeoning Another increasingly popular solution to the talent in gaining momentum
unicorn business sector. The Industrial sector is crunch is to look overseas for returnees who have
buoyant too, from Manufacturing to Logistics. gained global exposure. Michael Page’s abroad – with CVs
Membangun Negeri campaign has been very
Key events successful in gaining momentum abroad – with received from overseas
The Indonesian General Election in April is expected hundreds of CVs received from overseas
to cause some disruption. Employers with local Indonesians applying for roles back home. Indonesians applying
operations may not experience major disruption,
but there might be delays in new ventures until the
There has been a marked rise in hiring among tier
two and three regions including Medan, Kalimantan for roles back home.
election cycle has passed. and Semarang. The Manufacturing sector as a
Olly Riches
Opportunity areas whole is rapidly rising, while the start-up sector
continues to have high demand for talent. President Director, Michael Page Indonesia
Work visas and permits remain an impediment to
bringing in talent, and there remains lobbying for a There is also keen interest from the market to
lengthening of KITAS extensions. Hiring leaders are engage recruitment services in the ‘new’ Energy
hoping for liberalisation of laws around HR space. Michael Page now has a dedicated team
leadership. focused on these opportunities to feed that
demand.
BY THE NUMBERS
4 JOB
SEEKERS
interviewed before
3 MONTHS
TAKEN
for a hiring manager
3 INTERVIEW
ROUNDS
job seekers attend
a role is filled to fill a job before securing the role

RETURNEE
DEMOGRAPHICS
Employers across
Indonesia are all keen
to secure good talent
for their organisations,
especially in identifying
returning Indonesians who
have overseas exposure
and a global mindset.
Here is some insight
into the profiles of these
homecomers.
Did
you 6 out of 10 candidates placed by Michael Page are returnees
know?
Indonesians who moved back home were previously based in:
1 2 3 4 5
Singapore (18%) Australia (14%) US (9%) UK (7%) Malaysia (6%)
Returnees are skilled in the areas of
1 Engineering & Manufacturing Returnees are most active

in submitting applications in
2 Marketing September and October
3 Finance and Accounting,

Technology May is their least active month
Our Membangun Negeri posts

on LinkedIn average 28,000
impressions monthly
Our Membangun Negeri webpage
boasts a conversion rate triple
the market average, at 9%
KEY TRENDS
15-25%
average salary increase when job
switching within similar industries
for the same function
Demand for Digital talent is Applications for roles in Hiring of Industrial Sales positions
expected to continue to grow Financial Services is seeing is experiencing an uplift of 50%
at 30-40% a 40% increase
85% of job seekers perceive the

future job market to be good
87% 29%
of job seekers believe they will of job seekers are satisfied with
have better opportunities for skills their promotion opportunities
development
Other reasons for job switching include
56% of job seekers would switch
to achieve better work-life balance
jobs to attain better salary
and to develop new skills

BUSINESS & FINANCIAL SERVICES

TOP THREE HIRING TRENDS TAKEAWAY FOR 2019
• A s peer-to-peer lending grows and banks try to reach the
unbanked segment, talent with Digital and Fintech experience
As there is a shortage of talent, hiring
are highly sought after. companies should be prepared to offer
• Due to a shortage of talent outside of Jakarta, Relationship attractive pay packages, bringing in expats to
Managers are expanding their service to clients in other parts
of Indonesia. mentor and train up a team, and hire locals
• With Insurance growing in popularity, Sales professionals can based on their merit and ability to learn.
generate substantially more revenue when they are able to
service both the banking and insurance needs of clients.
20-30%
TOP FUNCTIONS average salary increase
when switching jobs of
similar functions
Finance & Accounting

ROLES IN DEMAND
• Fintech Specialist
• Indonesian Equity Market
Corporate & Wholesale Specialist
Banking • Compliance Manager
• Risk Manager
• Relationship Manager
Digital
TRENDING SKILLS
• Fintech
Banking & Financial Services • Alternative investments

• Life insurance
Legal

BUSINESS & FINANCIAL SERVICES Salary Tables
Engineering & Manufacturing

Base monthly salary range (IDR in MIL)
Job Title Min Max Avg
Plant Controller 15 16 16
Executive Search
General Manager 75 84 79
Chief Executive Officer 85 100 93
Finance
Senior Audit Manager 60 70 65
Head of Internal Audit 50 60 55
Collection Organizer 13 15 14
Collection Manager 25 31 28
Senior Collection Manager 30 35 33
Head of Collection 30 40 35
Credit Control Head 35 45 40
Cost Manager 96 120 108
Finance Manager 28 30 29
Senior Finance Manager 35 45 40
Head of Finance 35 45 40
Financial Controller 50 60 55

Financial Services
Bancassurance 5-15 years 20 80 50
Compliance Manager 20 40 30
Corporate Banking 5-15 years 30 140 85
Head of Compliance 60 100 80
Equity Analyst 15 30 23
Equity Sales 5-15yrs 20 100 60
Fund Manager 30 80 55
KYC Associate 15 30 23
Relationship Manager - Retail 10 50 30
Relationship Manager - Wealth 15 120 68
Relationship Manager - Corporate 15 120 68
Retail Banking Branch Manager 30 40 35
Retail Banking Vice President 60 70 65
Retail Banking Head 140 200 170
Risk Executive 20 60 40
Head of Risk 80 150 115
Risk Director 100 200 150
Underwriter 5-15 years 30 100 65
Human Resources
Change Manager 60 70 65
Head of Human Resources 65 80 73
Head of Learning & Development 70 100 85
Organisation Development Manager 35 40 38
Recruitment Manager 20 25 23
Talent Acquisition Manager 28 35 32

Information Technology
Head of Data Analytics 68 86 77
Developer Manager 25 35 30
Engineer 25 35 30
Senior Engineer 30 40 35
Product Manager 35 45 40
Chief of IT 59 84 71
Legal
Editor 45 50 48
Legal Manager 35 40 38
Legal Counsel 50 60 55
Assistant Legal Compliance Manager 19 25 22
Secretary Head 75 85 80
Marketing
Digital Marketing Manager 20 22 21
Graphic Designer 15 20 18
Marketing Manager 33 40 36
Head of Marketing 80 100 90
Others
Customer Support Manager 20 25 23
Property Consultant 20 25 23

Sales
Business Development Manager 30 40 35
Senior Business Development

30 40 35
Manager
Business Consultant 50 70 60
Center Manager 20 24 22
Area Manager 35 40 38
Country Director 80 81 81
Investment Director 45 50 48
Product Manager 25 35 30
Senior Sales Manager 35 50 43
Head of Sales 40 50 45
Sales Director 60 70 65

CONSUMER & RETAIL

• Local FMCG companies are rising and starting to target
professionals from multinational corporations.
Employers should be clear about their initial
• Indonesians returning home from abroad are finding an hiring budgets in order to manage candidate
increase in opportunities and a talent driven market overall. expectations and have a more efficient hiring
• T here has been an increase in demand for mid-level roles process. Local companies are growing and
such as managerial positions in Business Development.
finding that retention programs are key to
keeping great talent.
20-30%
similar functions
Marketing
ROLES IN DEMAND
• Brand Manager
• Channel Development
Finance Manager
• Business Development
Manager
• Digital Manager
Sales • Key Account Manager
TRENDING SKILLS
• Product campaigns and launches
Technology
• Management of large businesses
• Digital and ecommerce
Human Resources

CONSUMER & RETAIL Salary Tables

Continuous Improvement Manager 35 45 40
Engineer 15 20 18
Engineering Manager 33 44 38
Maintenance Head 17 18 17
Maintenance Manager 29 33 31
Plant Manager 40 50 45
Senior Plant Manager 63 75 69
Assistant Project Manager 15 18 17
Project Manager 33 43 38
Executive Search
Country Manager 80 100 90
Finance
Accounting Manager 40 50 45
Cost Accountant 20 25 23
Finance Analyst 12 16 14
Chief Finance Officer 110 150 130
Tax Manager 30 35 33

Human Resources
HR Business Partner Manager 35 45 40
Talent Management Manager 40 45 43
Head of Talent Acquisition 40 50 45
IT Manager 25 32 29
Legal
Senior Government Relations

50 70 60
Manager
Senior Legal Counsel 35 45 40

Marketing
Ad Operations Manager 15 20 18
Junior Brand Manager 10 16 13
Brand Manager 15 60 38
Senior Brand Manager 30 80 55
Commercial Director 100 120 110
Communications Manager 30 40 35
Senior Communications Manager 35 45 40
CRM Manager 20 25 23
Head of Digital Marketing 50 70 60
Senior Design Manager 30 60 45
Senior Insights Manager 50 70 60
Innovation Manager / NPD Manager 25 60 43
Marketing Coordinator 20 21 21
Marketing Director 60 90 75
Social Media Manager 20 25 23
Research Analyst 144 180 162
Procurement & Supply Chain

Inventory Manager 25 30 28
Logistic Manager 23 32 28
Merchandising Manager 20 27 24
Planning Manager 17 20 19
Head of Sourcing 70 100 85
Supply Planner 17 23 20
Supply Chain Director 100 110 105

Property, Construction & Facilities Management

Facilities Manager 25 30 28
Retail
Junior Designer 13 15 14
Restaurant Manager 15 20 18
Retail Manager 15 22 19
Retail Director 100 120 110
Sales
Account Manager 14 17 16
Branch Manager 15 20 18
Business Director 100 120 110
Head of Channel 25 30 28
Senior Ecommerce Manager 50 60 55
Sales Executive 19 25 22
Sales General Manager 15 20 18
Assistant Sales Manager 15 20 18
Sales Manager 33 41 37
Trade Marketing /
18 32 25
Channel Development Manager

ENERGY & NATURAL RESOURCES

• In retail and B2C, the lubricant industry, mostly automotive,
is growing rapidly, leading to a demand in professionals with
Companies should plan ahead for their
skillsets in route-to-market strategy and B2C sales. future hiring needs, paying close attention to
• M
ultinational oil and gas companies are searching for skillsets and expertise needed as the market
professionals with expertise in government relations and
compliance. and its needs change. To find the best fit,
• R
enewable energy is the new trend and only few lawyers and they should be open-minded towards talent
firms are dealing with this issue, leading to high demand for
renewable energy professionals.
from all sectors.
10-15%
similar functions

ROLES IN DEMAND
• Construction Manager
• Project Manager
Finance • EHS Manager
• Engineering Manager
• Cost Accountant
Legal
TRENDING SKILLS
• Route-to-market strategy
Sales • Renewable energy specialisation
• Retail consumer sales

ENERGY & NATURAL RESOURCES Salary Tables

Construction Manager 30 45 38
EHS Manager 30 50 40
Project Director 70 100 85
Finance
Consolidation Manager 20 30 25
Legal
Senior Lawyer 65 85 75
Head of Legal 70 100 85
Sales
Key Account Manager 15 45 30
Senior Business Development

35 70 53
Manager

INDUSTRIAL & MANUFACTURING

• More multinational companies are beginning to set offices up
in Indonesia, driving an upward trend in hiring.
With the extreme growth in the industry
• Renewable energy companies are growing their presence in compared to other traditional markets such
the country, hence increasing the need for talent with relevant as FMCG and retail, global manufacturers
expertise.
must look into offering good talent salary
• R
eturning Indonesians with overseas working experience are
still preferred by local hiring companies but negotiations tend rates that are competitive to the generous
to fall through over salary expectations.
packages offered by local companies.
15-25%
similar functions

ROLES IN DEMAND
• Plant Director
• Operations Manager
Engineering & Manufacturing • Maintenance Manager
• Logistics & Warehouse
Manager
• Procurement Manager
Sales
TRENDING SKILLS
• Experience in emerging sectors such as
Marketing automotive parts, chemical, plastics and
renewable energy
• Plant operations outside of Jarkarta
• Ability to upskill
Human Resources

INDUSTRIAL & MANUFACTURING Salary Tables

Business Excellence Manager 25 40 33
Commercial Director 80 120 100
Continuous Improvement Manager 50 70 60
Delivery Manager 15 30 23
Development Manager 25 30 28
Division Manager 32 40 36
Engineer 10 20 15
Senior Engineering Manager 40 65 53
EHS Manager 23 31 27
Senior Maintenance Engineer 15 25 20
Maintenance Manager 15 40 28
Maintenance Head 25 40 33
Manufacturing Manager 36 45 40
Manufacturing Director 80 120 100
Plant Manager 40 60 50
Plant Director 50 100 75
Process Engineer 15 25 20
Production Manager 15 25 20
Senior Production Manager 20 40 30
Assistant QA Manager 20 25 23
Senior QA Manager 34 44 39
Test Manager 20 35 28

Finance
Assistant Accounting Manager 17 21 19
Accounting Executive 25 28 27
Accounting Manager 31 39 35
Head of Accounting 40 50 45
Senior Accountant 96 132 114
Business Controller 20 27 24
Business Analyst 28 33 30
Cost Engineer 28 33 31
Finance Executive 17 20 19
Assistant Financial Controller 43 52 47
Finance Business Partner 70 80 75
Internal Audit Manager 28 32 30
Pricing Manager 40 45 43
Assistant Tax Manager 14 16 15
Tax Accountant 18 23 20
Head of Tax 50 70 60
Human Resources
Compensation & Benefits Manager 40 50 45
HR Manager 20 24 22

Head of IT 35 45 40
Legal
Assistant Compliance Manger 15 20 18
Compliance Manager 25 35 30
Legal Counsel 35 50 43
Marketing
Brand Manager 30 40 35
Government Relations Manager 35 45 40
Marketing Coordinator 12 15 14
Marketing Officer 15 18 17
Assistant Marketing Manager 18 25 22
Marketing Director 50 70 60
Head of Research 60 65 63


Department Head 40 90 65
Senior Fleet Manager 35 40 38
Logistics Coordinator 10 15 13
Logistics Manager 25 50 38
Operations Director 70 100 85
Assistant Procurement Manager 15 25 20
Procurement Manager 25 35 30
Procurement Director 80 120 100
Purchasing Manager 40 60 50
Head of Purchasing 50 80 65
Supply Chain Manager 25 45 35
Property, Construction & Facilities Management


Sales
Acquisition Manager 25 35 30
Area Manager 15 18 17
Lane Manager 20 25 23
Operations Manager 40 50 45
Senior Sales Engineer 20 21 21
Senior Sales Manager 30 33 32
Sales Engineer 30 40 35
Assistant Training Manager 17 18 18
Training Manager 25 30 28

PROPERTY & CONSTRUCTION

• Rise in the opening of new property companies focused on
projects with lower capital requirements, resulting in an
With growing investors setting up in Indonesia,
increment of hiring for Project Directors, Design Directors, there will be competition for the same
Analysts, COOs, Business Developments, and Account
Managers. pool of talent. Companies will have to offer
• W
ith the popularity of landed houses and residential competitive pay packages to entice top talent.
properties, this creates a respective demand for talent to
experienced in these property types.
• S pike in hiring within the technical and commercial space due
to an increase of 22% YoY in foreign direct investment (FDI).
20-35%
similar functions
Property & Facilities

Management ROLES IN DEMAND
• Chief Executive Officer
• Project Director
• Head of Sales
Sales
• Design Director
• Head of Project Business
Development
Marketing
TRENDING SKILLS
• Mixed civil and design experience
Finance • Sale of commercial buildings

• PMP certification
Legal

PROPERTY & CONSTRUCTION Salary Tables

Finance
Finance Director 80 100 90
Human Resources
Legal
Chief Legal Secretary 35 40 40
Marketing
Senior Communications Manager 35 40 40
Senior Digital Marketing Manager 20 25 25

Procurement Manager 30 35 35

PROPERTY & CONSTRUCTION Salary Tables
General
Senior Accounts Manager 30 35 35
Architect Director 40 50 45
Senior Construction Manager 40 50 45
Facilities Manager 23 30 25
Interior Designer 15 20 20
Project Director 55 67 60
Project Managing Director 60 80 70
Property Director 90 120 105
Sales
Head of Business Development 50 60 55

TECHNOLOGY &
TELECOMMUNICATIONS
• Indonesians returning home from abroad are still in high
demand, and Indonesia is a talent driven market.
For technical roles, companies are drawing
• For technical roles, companies expect candidates to from a limited talent pool of professionals
have excellent soft skills such as team management and with the required skillsets. Companies should
leadership.
keep this shortage in mind when looking at
• Digitalisation is trending, creating demand for roles in this
area. future hiring needs.
15-50%
similar functions
Engineering
ROLES IN DEMAND
• Head of Engineering
• Head of Digital
Sales • Data Analyst
• Digital Marketing Manager
• Product Manager
Marketing
TRENDING SKILLS
• Data analytics
Technology • Artificial intelligence / Machine learning

• Digitalisation
Digital

TECHNOLOGY &
TELECOMMUNICATIONS Salary Tables
Executive Search
Chief of Business Development 70 130 100
Finance
Finance Analyst 14 16 15
Tax Accountant 20 25 23
Head of Treasury 96 120 108
Data Center Manager 30 40 35
Data Science Vice President 100 150 125
Digital Architecture Director 55 80 68
Head of Engineering 80 120 100
Engineering Vice President 100 150 125
Project Head 50 75 63
Senior Product Manager 35 60 48
Service Manager 25 45 35
Software Developer 15 25 20
Senior Software Engineer 22 35 29
Strategy Manager 30 40 35
Systems Engineer 20 25 23

TECHNOLOGY &
Legal
Government Relations Vice President 80 100 90
Legal Manager 25 35 30
Head of Legal 50 60 55
Legal Director 80 110 95
Marketing
Alliance Manager 20 30 25
Content Creator 18 25 22
Communications Head 50 80 65
Digital Marketing Manager 25 40 33
Visual Producer 20 25 23

Support Manager 22 25 24

TECHNOLOGY &
Sales
Head of Business Development 40 70 55
Partnership Head 40 70 55
Sales Executive 10 15 13

INDONESIA
Level 12, One Pacific Place
Sudirman Central Business District , Jl. Jend.
Sudirman Kav. 52 – 53
Jakarta Jakarta 12190
Indonesia
T +62 21 295 88800 | F +62 21 295 88801
enquiries@michaelpage.co.id

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Part of PageGroup

Business & Financial Services 7

Consumer & Retail 12

Energy & Natural Resources 17

Industrial & Manufacturing 19

Property & Construction 25

Technology & Telecommunications 28

2 Michael Page Indonesia Salary Benchmark 2019

ABOUT SALARY BENCHMARK

Michael Page Indonesia Salary Benchmark 2019 3

RETURNEES: A SOLUTION FOR A

Economic outlook The flipside is the added impetus to develop and

4 Michael Page Indonesia Salary Benchmark 2019

Returnees are skilled in the areas of

1 Engineering & Manufacturing Returnees are most active

3 Finance and Accounting,

Our Membangun Negeri posts

85% of job seekers perceive the

6 Michael Page Indonesia Salary Benchmark 2019

BUSINESS & FINANCIAL SERVICES

Finance & Accounting

Banking & Financial Services • Alternative investments

Michael Page Indonesia Salary Benchmark 2019 7

BUSINESS & FINANCIAL SERVICES Salary Tables

Engineering & Manufacturing

Job Title Min Max Avg

Job Title Min Max Avg

Chief Executive Officer 85 100 93

Job Title Min Max Avg

Senior Audit Manager 60 70 65

Head of Internal Audit 50 60 55

Senior Collection Manager 30 35 33

Credit Control Head 35 45 40

Cost Manager 96 120 108

Senior Finance Manager 35 45 40

8 Michael Page Indonesia Salary Benchmark 2019

BUSINESS & FINANCIAL SERVICES Salary Tables

Job Title Min Max Avg

Bancassurance 5-15 years 20 80 50

Corporate Banking 5-15 years 30 140 85

Head of Compliance 60 100 80

Equity Sales 5-15yrs 20 100 60

Relationship Manager - Retail 10 50 30

Relationship Manager - Wealth 15 120 68

Relationship Manager - Corporate 15 120 68

Retail Banking Branch Manager 30 40 35

Retail Banking Vice President 60 70 65

Retail Banking Head 140 200 170

Head of Risk 80 150 115

Risk Director 100 200 150

Underwriter 5-15 years 30 100 65

Job Title Min Max Avg

Head of Human Resources 65 80 73

Head of Learning & Development 70 100 85

Organisation Development Manager 35 40 38

Talent Acquisition Manager 28 35 32

Michael Page Indonesia Salary Benchmark 2019 9

BUSINESS & FINANCIAL SERVICES Salary Tables

Job Title Min Max Avg

Head of Data Analytics 68 86 77

Job Title Min Max Avg

Assistant Legal Compliance Manager 19 25 22

Job Title Min Max Avg

Digital Marketing Manager 20 22 21