Jakarta, 25 April 2018: Global recruitment specialists Michael Page Indonesia issued forecasts this week indicating an average 20 – 35% salary increase for top technology professionals moving jobs. This is driven by the strong wave of digital start-ups, Fintech and e-commerce businesses in Indonesia over the recent years.This high demand for technology candidates such as IT department heads, IT security managers and software engineers will continue throughout 2018, particularly at the manager level and above. Candidates with IT security and risk experience are highly sought after as well as those with entrepreneurial soft skills and global experience. In addition, the recently released Michael Page Indonesia Salary Benchmark 2018 anticipates a positive macroeconomic outlook citing an improved ease of doing business and continued infrastructure stability. All indicators point to good momentum for more business investment in Indonesia and an encouraging year for national employment activity.President Director of Michael Page Indonesia Olly Riches explains, “Most of the sectors are seeing strong growth. In particular, the digital, technology and e-commerce spaces are seeing an upward trend. In order to take these fast-paced industries further in Indonesia, upskilling in key positions will be required. This surge in demand for professionals with specialist digital skills is a result of the automation efforts from companies to streamline existing processes for increased efficiency and productivity.” Digital professionals skilled in product management, development and managing projects will be in high demand. Those with Silicon Valley or other international experience will have an edge when securing a new job. There have also been new headcount and positions for digital candidates in the top industries including technology, consultants, banks, insurance firms as well as Indonesian conglomerates. Candidates who successfully secure job moves in 2018 can expect a 25 – 30% average salary increase. The Michael Page Indonesia Salary Benchmark 2018 also indicates significant growth in the industrial and manufacturing areas, both in the capital city Jakarta, as well as tier two and three regions. We have observed strong performance from the Indonesian conglomerates which have led to hiring demand in the mid-to-senior level management positions. These professionals are typically secured from multinational corporations with the task to further modernise and develop Indonesia’s family-owned businesses.Sourcing for top talent is expected to remain the key challenge for employers in 2018. The demand is especially high for marketing candidates where they are required to have exposure in conventional and digital spaces as well as local market knowledge.To address the constant talent crunch, employers in Indonesia have invested in their existing human capital. This includes more training and development programs and implementing succession planning strategies in order to progress Indonesian professionals to management positions.Mr Riches observes, “Particularly encouraging has been the strength of home-grown employment and we see a strong desire to bring Indonesians into key positions. Overseas Indonesians returning home typically fit the hiring criteria particularly in sales, marketing and technology. They often possess high quality skills acquired from a global environment which can be imparted to the larger Indonesian workforce.”Editor’s Notes: The Michael Page Indonesia Salary Benchmark 2018 covers market insights and recruitment trends. Compiled with employment figures from our database in the last 12 months, the report contains in-depth analysis and projections in key sectors such as human resources, engineering, manufacturing, marketing, procurement, supply chain and sales. Download the Michael Page Indonesia Salary Benchmark 2018 here.****END****
