The Robert Walters Global Salary Survey 2008 shows a substantial salary hike in various employment sectors across the globe, including IT, banking, finance, commerce, engineering, sales and marketing. The survey's salary figures in the report are based on placements made by Robert Walters themselves through 2007. Robert Walters is one of the world leading global specialist in recruitment and recruitment outsourcing businesses.
Employees from the IT sector of Asian region generally enjoy a higher percentage of salary increment than their counterparts in American and Europe. According to the report majority of them enjoyed an increment of above 10% from last year, and some even got a 40% increment.
Competition to hire good IT employees in Malaysia intensified and organizations were seen focus on best practices in staff attraction and retention. Direct strategies including higher salary increments, joining bonuses and counter-offers, other initiatives included better managed and more dynamic career progression, flexible benefits, effective employee relation programs, etc. were employed. The challenges facing the IT industry in Malaysia include competition from overseas seeking Malaysians to work in countries such as Singapore, China and Dubai.
The total compensation for 2008 of an IT Director in Malaysia can be up to RM300k. Other well paid IT positions include IT Programme Manager (RM200k), ERP Project Manager (RM180k), Service Delivery Manager (RM150k), Infrastructure Manager (RM150k), Solution Architect (RM140k), ...
In Singapore, CIO and CTO get a salary of S$350k per annum. Other well paid positions include IT Director (S$220-350k), Programme Manager (S$220-350k), Service Delivery Director (S$220-320k), Project Director (S$200-300k), ...
In Hong Kong, many senior positions are paid in million of HKD per annum, including CIO/CTO (HK$1.65-2.7m), IT Director (HK$1.3-2.0m), Project Director (HK$1.25-1.7m), Programme Manager (HK$0.95-1.7m), ...
This comprehensive report of Robert Walters Global Salary Survey 2008 covers the following regions:
- Hong Kong
- New Zealand
- South Africa
- The Netherlands
- United Kingdom
- United States
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