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Rapid Salary Growth in Asia Expected for 2012 - Robert Walters
By Benzinga Staff
February 23, 2012 12:28 AM
February 23, 2012 12:28 AM
Tokyo, Feb 23, 2012 - (JCN Newswire) - The recently released 2012 Robert Walters' Salary Survey reveals a rapid rate of growth anticipated for professional salaries in Asia. Now in its 13th edition, the annual Global Salary Survey offers comparable salary levels for professional careers in Japan and across the Group's network of 23 countries worldwide.
According to the Survey, salaries within emerging Asian markets are projected to grow the most rapidly, compared with slower expected salary rises in more established economies like Japan. Across many sectors in China, 2012 salaries for job-seekers are anticipated to increase by 15-30% over 2011 levels, as will salaries in Malaysia (20-35%), Vietnam (15-20%) and Thailand (10-20%). Larger markets such as Hong Kong and Singapore should also benefit from the regional growth with professionals entering a new company typically earning salary increases of 10-20% and 15-20% respectively in these cities.
While salary growth in Japan was less than 10% for many job-seekers, total remuneration for specialist job functions was still substantially higher than their Asian counterparts. Despite the continued offshoring of some job functions overseas, specialised professionals required locally such as for client-facing roles and sales support, should still command competitive salaries. Recruitment activity in Japan is expected to remain steady at 2011 levels, although this activity will be linked to the performance of global markets.
About Robert Walters
Robert Walters is one of the leading international recruitment consultancies and uses its distinct advantages of size, proven track record, and unparalleled global network to provide permanent and contract recruitment solutions across all industry sectors. www.robertwalters.com
The Global Salary Survey
The Robert Walters Salary Survey provides an in-depth analysis of salaries earned around the world for both permanent and contract positions across a wide range of sectors. The Japan section covers the following sectors: accounting, finance & audit, financial services, human resources, administration & support, corporate services, information technology, legal, compliance & risk, sales & marketing, supply chain & procurement and interim management.
To request your copy, please visit http://www.robertwalters-japan.com/career-advice/salary-survey.html
Contact:
Ambrose Lau, PR Specialist
t: +81 (0)3 4570 1513
e: ambrose.lau@robertwalters.co.jp
Source: Robert Walters PLC
Copyright 2011 JCN Newswire. All rights reserved. www.japancorp.net
According to the Survey, salaries within emerging Asian markets are projected to grow the most rapidly, compared with slower expected salary rises in more established economies like Japan. Across many sectors in China, 2012 salaries for job-seekers are anticipated to increase by 15-30% over 2011 levels, as will salaries in Malaysia (20-35%), Vietnam (15-20%) and Thailand (10-20%). Larger markets such as Hong Kong and Singapore should also benefit from the regional growth with professionals entering a new company typically earning salary increases of 10-20% and 15-20% respectively in these cities.
While salary growth in Japan was less than 10% for many job-seekers, total remuneration for specialist job functions was still substantially higher than their Asian counterparts. Despite the continued offshoring of some job functions overseas, specialised professionals required locally such as for client-facing roles and sales support, should still command competitive salaries. Recruitment activity in Japan is expected to remain steady at 2011 levels, although this activity will be linked to the performance of global markets.
Outlook for 2012 salary increases for specialist roles: Japan 1-10% China 15-30% Hong Kong 10-20% Malaysia 20-35% Singapore 15-20% Thailand 10-20% Vietnam 15-20%For more comprehensive insight and detailed yearly salaries, please visit, request the latest Salary Survey, http://www.robertwalters-japan.com/career-advice/salary-survey.html
About Robert Walters
Robert Walters is one of the leading international recruitment consultancies and uses its distinct advantages of size, proven track record, and unparalleled global network to provide permanent and contract recruitment solutions across all industry sectors. www.robertwalters.com
The Global Salary Survey
The Robert Walters Salary Survey provides an in-depth analysis of salaries earned around the world for both permanent and contract positions across a wide range of sectors. The Japan section covers the following sectors: accounting, finance & audit, financial services, human resources, administration & support, corporate services, information technology, legal, compliance & risk, sales & marketing, supply chain & procurement and interim management.
To request your copy, please visit http://www.robertwalters-japan.com/career-advice/salary-survey.html
Contact:
Ambrose Lau, PR Specialist
t: +81 (0)3 4570 1513
e: ambrose.lau@robertwalters.co.jp
Source: Robert Walters PLC
Copyright 2011 JCN Newswire. All rights reserved. www.japancorp.net
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