RGF Salary Watch 2020 - Indonesia PDF

Salary Watch 2020:
Indonesia
2 RGF Salary Watch: Indonesia
About this Report
RGF’s Salary Watch: Indonesia report has been conducted

with the aim of better understanding the salary trends and
data across all industries and job levels in Indonesia.
This report is based on the RGF-owned candidate pool
covering more than 60,000 candidates in our Indonesian
database (collected from February 2019 to February 2020).
The definition of annual basic salary used throughout this
report does not include allowance, stock, bonus or any
other additional benefits, and the salary exchange rate
used is USD1 = IDR14,000.
Due to the real-time nature of some of this data, RGF
encourages readers to use its insights at their discretion.
16
RGF Salary Watch: Indonesia 3
Table of Contents
About the Report 2
Table of Contents 3
Indonesia
Overview 5
Key Trends 7
Job Market Trends 8
Salary Data 12
References 30
About RGF 31
Overview of
Indonesia
Making the Best of a Downturn

LABOR MARKET SIZE GDP
187 USD1.126
MILLION1 BILLION2
FDI PMI
USD7 49.54
BILLION3
(2019 Key Index)
Since 2016, Indonesia’s economy has soared, thanks in large part to unicorn startups like
GoJek, Tokopedia and Bukalapak, as well as the government encouraging foreign investment.
However a slowdown began in 20195 – though this downward trend was expected to continue
into 2020, the onset of the coronavirus pandemic in the first quarter of 20206 brought the
Indonesian economy to a crawl. The International Monetary Fund revised its forecast of just
over 5% GDP growth for 2020 to 0.5%7 as of April 2020.
Because of this economic downturn, jobs will be affected – the IMF projected in April 2020
that Indonesia’s unemployment rate will increase over two percentage points this year, from
5.3% in 2019 to 7.5% in 2020, largely due to pandemic-related layoffs caused by supply chain
disruptions and decreased consumer demand as people remain at home8. In an effort to assist
its citizens and economy, the Indonesian government has issued several stimulus packages,
cut corporate tax rates, temporarily removed a budget-deficit cap, and made sovereign bonds
from the central bank available for auction9.
Despite the setback from the pandemic, the IMF’s April projection showed the Indonesian
economy remaining positive throughout 2020 and then growing by 8.2% in 202110. As the
global economy recovers and manufacturing and supply chains resume, it will help Indonesia
to return on its path towards their goal of adding 3 million new jobs in the manufacturing and
startup sectors11.
”
Consistent Talent Shortages in Tech,
Healthcare and E-learning for Indonesia
When compared to neighboring countries, Indonesia felt the impact of COVID-19 relatively late
and the response ramped up in April. With this came major disruptions to a variety of sectors
across the archipelago, especially travel, hospitality, retail and other consumer-facing industry
segments. Because of this and the economic uncertainty of the near-future, the majority of
firms operating here are undertaking the same wait-and-see approach as their peers across
the region by slowing down existing hiring activities or postponing or cancelling hiring for
new roles.
Indeed, there have also been layoffs, furloughs and staff reduction in the industry segments
noted since many businesses closed temporarily and there was no need for staff. Approximately
50% of the all COVID-19 cases in Indonesia have surfaced across the Greater Jakarta region
(Jabodetabek), which was closed off from the rest of the country effective April 27 in order
to flatten the curve and weaken the spread of the virus. Though a needed measure, it added
to the uncertainty in the market.
However, as of May, the overall perception of economic uncertainty in Indonesia has eased
and a sense of getting back to business with the new normal of working from home has
produced some increased hiring activities, especially in the tech sector for roles relating to
programming, data science, and sales/marketing, in the healthcare sector, and in the e-learning
industry segment. These industries have continued to grow and, in some cases, ramped up
hiring markedly since the onset of COVID-19. This is especially the case with e-learning since all
schools and tutoring centers are closed. We see continued salary increases between 15%–25%
for people moving into job roles in the areas noted above.
Even with the uncertainty surrounding what exactly the impact of the pandemic will ultimately
be on the economy and job market, many organizations are using this as an opportunity to
re-align and optimize their business and operations in order to become more efficient and to
future-proof talent pipelines. Looking forward to when the economy and country recovers,
it is likely in-demand candidates will expect similar compensation packages and salary
increments to those that were offered before the crisis began. Additionally, many of the
stronger candidates may also consider the financial strengths and market positioning of the
”
firms they are considering before deciding where to make the jump, so businesses should not
waste the opportunity to ensure they will be able to recover as quickly as possible.
Peter Chong
Managing Director,
RGF Executive Search Indonesia
Key Trends
Employers’ Annual Salary Employees’ Salary
Increment Range12 Increment Expectations
47%
when they
24% change employers13.
(Data given was collected by RGF before February 2020)
Additional Benefits Employees Look for

Talent in Indonesia are more likely to look for companies that offer the following financial benefits14:
72% 65%
28%
GUARANTEED PERFORMANCE- COMMISSION-
REMUNERATION, BASED BONUSES BASED
SUCH AS A COMPENSATION
FIXED BONUS
AND ALLOWANCE
Investing in Talent Development

Companies across Indonesia are developing practices that not only assist their employees in
growing skills, competencies and leadership capabilities, but building personalized development
plans for employees so as to help them improve their individual performance. The government is
helping companies offset these talent development costs by providing attractive tax deductions
in order to encourage businesses to help narrow the talent gap15, which is ever-widening due to
technological upgrades such as digitalization and automation16.
Beyond the push for businesses to help their employees grow, the government is putting into place
a department that will help nurture Indonesians who are especially talented in arts, sciences17, and
is also partnering with businesses in specific sectors to standardize competencies and provide
more opportunities for local talent18. With this focus on talent development, Indonesia is proactively
enriching its workforce and preparing for the future.
Job Market
Trends
Talent Trends
When it comes to evaluating a new job offer, Indonesian talent are motivated by much more
than salary. Though 60% of candidates surveyed for our annual Talent in Asia report said salary
increment was an important factor, it was the second most important consideration, behind the
opportunity to expand knowledge and skills. The third factor for talent Indonesia are benefits
other than salary – these include the role’s title and responsibilities, whether they could work
flexible hours or remotely, if they would be compensated for overtime, and any hours worked on
weekends or public holidays, as well as leave entitlements, including parental leave19. Companies
looking to woo candidates in Indonesia will need to consider seriously the benefits they offer and
ensure they are as competitive as salaries.
61% 60% 54%
EXPAND KNOWLEDGE SALARY OTHER

AND SKILLS INCREMENT BENEFITS
Market Trends
Boosting Smart Manufacturing
In 2019, Indonesia’s National Development Planning Agency began to focus on boosting the
manufacturing sector – which employs nearly 15% of the national workforce – in order to galvanize
the economy and reduce its dependence on commodities20. Ahead of this, the government
introduced an Industry 4.0 Roadmap in 2018, focusing on five manufacturing sectors, including
automotive and electronics21, marking the importance of the manufacturing industry to Indonesia’s
future development.
Though the economy and job market have both been affected by the COVID-19 pandemic22, the
government’s commitment to investing in manufacturing and focus on expanding its abilities to
include Industry 4.0 technologies will not only attract foreign investment23 once the pandemic is over
and global economies begin to recover, but will help to create new job opportunities for local talent24.
R&D Directors with more than Manufacturing, Production

20 years of experience earn up & Operation Managers with 10–15
to USD121,000 annually years of experience earn up to
in Indonesia. USD65,000 annually in Indonesia.
Growing Demand for Digital Marketing

With one of the hottest startup economies in the world25, Indonesia is the second-largest venture
capital market in Southeast Asia26 and is home to several ecommerce unicorns27. One of the
ways many startups are adapting to the challenges presented throughout 2020 is by leaning on
digital marketing to connect with customers and even scale their businesses28. Because of this,
savvy digital marketing candidates – especially those who can analyse and interpret data – will
be valuable to companies across industries, and particularly to startups looking to cement their
brand reputation, gain a loyal customer base, and begin to grow as a business.
Digital Marketing Directors with Marketing & Branding Managers with

15–20 years of experience earn up 8–10 years of experience earn up to
to USD100,000 annually at tech USD22,000 annually at consumer
industry SMEs in Indonesia. goods & retail SMEs in Indonesia.
Combatting the Talent Crunch

Like many businesses around the world, those in Indonesia are facing a talent shortage due
to the rapid advancement of technology, the growing necessity of digitizing capabilities and
analyzing data, and the need for talent to oversee, implement, maintain, interpret and secure the
systems and data being produced. To get ahead of the talent shortage, there are a number of
steps businesses can take to bring their talent programs to the next level.
Indonesian talent value non-financial benefits, so it is imperative for companies to consider
the benefits they extend to employees. Incorporating flexible and remote working policies that
help employees from all walks of life achieve greater work-life balance can go a long way in
impressing Indonesian talent will be a welcome addition for current employees, and will help
boost employer brand.
What employers are looking for in talent:
RELEVANT KNOWLEDGE ADAPTABILITY CULTURE FIT30

AND EXPERIENCE29
Hot Jobs
Industrial Healthcare & Life Sciences

Smart Manufacturing • Medical
• Project Management • Sales & Marketing
• Sales & Marketing
• R&D
Consumer & Retail

• Business Strategy & Commercial
Technology, Internet
• Digitalization
& Telecommunications
• Marketing & Branding
• AI & Data Science • Sales & Business Development
• Big Data & Business Intelligence
• Cybersecurity
• Digitalization & Transformation
• Front-End & Back-End Engineering Corporate Services
• Marketing & Ecommerce
• Finance & Accounting
• Sales & Commercialization
• HR
• Software & Hardware Development
Financial Services Media, Advertising

& Entertainment
• Audit & Compliance
• Internal IT • Account Management & CRM
• Relationship Management
• Risk Management
• Treasury
Indonesia
Salary Data
Key Finding
“Though talent with skills and experience
in Industry 4.0, programming, ecommerce
and e-learning are soaring in Indonesia,
talent in the Financial Services and
Healthcare and Life Science industries
continue to see the highest salaries.
Private Equity Directors can earn over
USD160,000 a year while Medical Directors
can earn over USD100,000 annually.”
Industrial – Smart Manufacturing

ANNUAL SALARY RANGE ANNUAL SALARY RANGE
YEARS OF COMPANY (UNIT: 1,000 IN USD) (UNIT: 1,000 IN IDR)
FUNCTION POSITION EXPERIENCE TYPE
MIN MAX MIN MAX
Global MNC 121 232 1,690,000 3,250,000

CEO/President 20+
Large Local/Global
MNC HQ 93 167 1,300,000 2,340,000
Global MNC 74 139 1,040,000 1,950,000
Large Local/Global
Senior Management GM 15-20 MNC HQ 74 139 1,040,000 1,950,000
SME 74 139 1,040,000 1,950,000
Global MNC 74 139 1,040,000 1,950,000

VP 15-20
Large Local/Global
MNC HQ 74 139 1,040,000 1,950,000
Global MNC 74 121 1,040,000 1,690,000

Director 20+
Large Local/Global
MNC HQ 65 93 910,000 1,300,000
Global MNC 28 74 390,000 1,040,000

Manager 10-15
Large Local/Global
MNC HQ 28 74 390,000 1,040,000
R&D
Global MNC 14 28 195,000 390,000
Supervisor 8-10
Large Local/Global
MNC HQ 14 28 195,000 390,000
Global MNC 7 14 104,000 195,000

Engineer 5-8
Large Local/Global
MNC HQ 7 14 104,000 195,000
Global MNC 74 134 1,040,000 1,903,200

Director 20+
Large Local/Global
MNC HQ 74 134 1,040,000 1,903,200
Manufacturing,
Production & Operation
Global MNC 28 65 390,000 910,000
Manager 10-15
Large Local/Global
MNC HQ 28 65 390,000 910,000
Quality Management Manager 8-12 Global MNC 24 37 340,000 520,000
Global MNC 84 139 1,170,000 1,950,000

Director 20+
Large Local/Global
MNC HQ 65 111 910,000 1,560,000
Project Management
Global MNC 28 74 390,000 1,040,000
Manager 10-15
Large Local/Global
MNC HQ 19 56 260,000 780,000

MIN MAX MIN MAX
Global MNC 74 139 1,040,000 1,950,000
Large Local/Global
Sales Director 20+ MNC HQ 74 139 1,040,000 1,950,000
SME 74 111 1,040,000 1,560,000
Global MNC 19 56 260,000 780,000
Large Local/Global
Sales Manager 10-15 MNC HQ 19 56 260,000 780,000
SME 19 37 260,000 520,000
Global MNC 19 56 260,000 780,000

Business
Large Local/Global
Development 8-10 MNC HQ 19 56 260,000 780,000
Manager
SME 19 37 260,000 520,000
Sales & Marketing
Global MNC 19 37 260,000 520,000
Account Large Local/Global

8-10 MNC HQ 19 37 260,000 520,000
Manager
SME 14 28 195,000 390,000
Global MNC 74 139 1,040,000 1,950,000
Marketing Large Local/Global

20+ MNC HQ 74 139 1,040,000 1,950,000
Director
SME 74 111 1,040,000 1,560,000
Global MNC 19 56 260,000 780,000
Marketing Large Local/Global

10-15 MNC HQ 19 56 260,000 780,000
Manager
SME 19 37 260,000 520,000
= Hot jobs
• Definition of annual salary range refers to basic salary, not include allowance, stock, bonus or any other additional benefits.
• Exchange rate: USD1 = IDR14,000
Technology, Internet & Telecommunications

MIN MAX MIN MAX
CEO/President 20+ Global MNC 150 230 2,100,000 3,220,000

Senior Management
GM 15-20 Global MNC 75 150 1,050,000 2,100,000
Global MNC 65 176 910,000 2,457,000
Large Local/Global
Director 15-20 MNC HQ 65 176 910,000 2,457,000
SME 56 150 780,000 2,106,000
Global MNC 46 84 650,000 1,170,000
Large Local/Global
AI & Data Science Manager/Architect 10-15 MNC HQ 46 84 650,000 1,170,000
SME 37 67 520,000 936,000
Global MNC 23 42 325,000 585,000
Engineer 3-5 Large Local/Global

MNC HQ 23 42 325,000 585,000
SME 14 25 195,000 351,000
Global MNC 46 104 650,000 1,755,000
Large Local/Global
Director 15-20 MNC HQ 46 104 650,000 1,755,000
SME 37 84 520,000 1,404,000
Global MNC 23 42 325,000 585,000

Front End & Back End Large Local/Global
Manager/Architect 10-15 MNC HQ 23 42 325,000 585,000
Engineering
SME 19 33 260,000 468,000
Global MNC 14 25 195,000 351,000

MNC HQ 14 25 195,000 351,000
SME 9 17 130,000 234,000
Global MNC 65 176 910,000 2,457,000
Large Local/Global
Director 15-20 MNC HQ 65 176 910,000 2,457,000
SME 56 150 780,000 2,106,000
Global MNC 33 59 455,000 819,000
Large Local/Global
Cybersecurity Manager/Architect 10-15 MNC HQ 33 59 455,000 819,000
SME 23 42 325,000 585,000
Global MNC 14 25 195,000 351,000

MNC HQ 14 25 195,000 351,000
SME 9 17 130,000 234,000


MIN MAX MIN MAX
Global MNC 65 176 910,000 2,457,000
Large Local/Global
Director 15-20 MNC HQ 65 176 910,000 2,457,000
SME 65 176 910,000 2,457,000
Global MNC 37 67 520,000 936,000

Big Data & Business Large Local/Global
Intelligence
SME 28 50 390,000 702,000
Global MNC 14 25 195,000 351,000

MNC HQ 14 25 195,000 351,000
SME 11 20 156,000 280,800
Global MNC 74 201 1,040,000 2,808,000
Large Local/Global
Director 15-20 MNC HQ 74 201 1,040,000 2,808,000
SME 65 176 910,000 2,457,000
Global MNC 37 67 520,000 936,000

Software & Hardware Large Local/Global
Development
SME 28 50 390,000 702,000
Global MNC 19 33 260,000 468,000

MNC HQ 19 33 260,000 468,000
SME 14 25 195,000 351,000
Global MNC 74 201 1,040,000 2,808,000
Large Local/Global
Director 15-20 MNC HQ 74 201 1,040,000 2,808,000
SME 56 150 780,000 2,106,000
Global MNC 46 84 650,000 1,170,000
Large Local/Global
Manager 10-15 MNC HQ 46 84 650,000 1,170,000
SME 37 67 520,000 936,000

Digitalization
Transformation Global MNC 28 50 390,000 702,000
Large Local/Global
Associate 5-8 MNC HQ 28 50 390,000 702,000
SME 19 33 260,000 468,000
Global MNC 9 17 130,000 234,000

MNC HQ 9 17 130,000 234,000
SME 9 17 130,000 234,000


MIN MAX MIN MAX
Global MNC 74 134 1,040,000 1,872,000
Large Local/Global
Director 15-20 MNC HQ 74 134 1,040,000 1,872,000
SME 65 117 910,000 1,638,000
Global MNC 37 56 520,000 780,000

Consulting Implementation Large Local/Global
Manager 10-15 MNC HQ 37 56 520,000 780,000
& Management
SME 28 42 390,000 585,000
Global MNC 23 35 325,000 487,500
Associate 3-5 Large Local/Global

MNC HQ 23 35 325,000 487,500
SME 19 28 260,000 390,000
Global MNC 84 150 1,170,000 2,106,000
Large Local/Global
Director 15-20 MNC HQ 84 150 1,170,000 2,106,000
SME 65 117 910,000 1,638,000
Global MNC 51 77 715,000 1,072,500

Domestic & Cross-Border Large Local/Global
Manager/Expert 10-15 MNC HQ 46 70 650,000 975,000
E-commerce Management
SME 37 56 520,000 780,000
Global MNC 23 35 325,000 487,500

MNC HQ 23 35 325,000 487,500
SME 19 28 260,000 390,000
Global MNC 74 134 1,040,000 1,872,000
Large Local/Global
Director 15-20 MNC HQ 74 134 1,040,000 1,872,000
SME 56 100 780,000 1,404,000
Global MNC 33 49 455,000 682,500
Large Local/Global
Digital Marketing Manager/Expert 10-15 MNC HQ 33 49 455,000 682,500
SME 23 35 325,000 487,500
Global MNC 14 21 195,000 292,500

MNC HQ 14 21 195,000 292,500
SME 9 14 130,000 195,000


MIN MAX MIN MAX
Global MNC 46 84 650,000 1,170,000
Large Local/Global
Director 15-20 MNC HQ 46 84 650,000 1,170,000
SME 37 67 520,000 936,000
Global MNC 28 42 390,000 585,000

Account Management Large Local/Global
Manager/Expert 10-15 MNC HQ 28 42 390,000 585,000
& Customer Success
SME 23 35 325,000 487,500
Global MNC 14 21 195,000 292,500

MNC HQ 14 21 195,000 292,500
SME 9 14 130,000 195,000
Global MNC 56 100 780,000 1,404,000
Large Local/Global
Director 15-20 MNC HQ 56 100 780,000 1,404,000
SME 46 84 650,000 1,170,000
Global MNC 23 35 325,000 487,500
Large Local/Global
Sales Manager/Expert 10-15 MNC HQ 23 35 325,000 487,500
SME 19 28 260,000 390,000
Global MNC 9 14 130,000 195,000

MNC HQ 9 14 130,000 195,000
SME 7 11 104,000 156,000
Global MNC 56 100 780,000 1,404,000
Large Local/Global
Director 15-20 MNC HQ 56 100 780,000 1,404,000
SME 46 84 650,000 1,170,000
Global MNC 28 42 390,000 585,000
Large Local/Global
Pre-sales Manager 10-15 MNC HQ 28 42 390,000 585,000
SME 19 28 260,000 390,000
Global MNC 14 21 195,000 292,500

MNC HQ 14 21 195,000 292,500
SME 7 11 104,000 156,000
= Hot jobs
Financial Services (Front Office)

MIN MAX MIN MAX
Global MNC 111 201 1,560,000 2,808,000

Managing Large Local/Global
15-20 MNC HQ 93 167 1,300,000 2,340,000
Director
SME 74 134 1,040,000 1,872,000
Global MNC 84 150 1,170,000 2,106,000
Large Local/Global
SVP 10-15 MNC HQ 74 134 1,040,000 1,872,000
SME 65 117 910,000 1,638,000

Relationship Management
Global MNC 37 56 520,000 780,000
Large Local/Global
VP 5-8 MNC HQ 33 49 455,000 682,500
SME 28 42 390,000 585,000
Global MNC 28 42 390,000 585,000
AVP 3-5 Large Local/Global

MNC HQ 28 42 390,000 585,000
SME 23 35 325,000 487,500
Global MNC 111 201 1,560,000 2,808,000

15-20 MNC HQ 93 167 1,300,000 2,340,000
Director
SME 74 134 1,040,000 1,872,000
Global MNC 84 150 1,170,000 2,106,000
Large Local/Global
SVP 10-15 MNC HQ 74 134 1,040,000 1,872,000
SME 65 117 910,000 1,638,000

Transaction Banking Sales
Global MNC 37 56 520,000 728,000
Large Local/Global
VP 5-8 MNC HQ 33 49 455,000 637,000
SME 28 42 390,000 546,000
Global MNC 28 42 390,000 546,000

MNC HQ 28 42 390,000 546,000
SME 23 35 325,000 455,000
Managing Director 20+ Global MNC 222 333 3,108,000 4,662,000
Director 15-20 Global MNC 167 250 2,331,000 3,496,500

Investment Portfolio
Management Associate 8-10 Global MNC 61 92 854,700 1,282,050
Analyst 5-8 Global MNC 41 61 569,800 854,700


MIN MAX MIN MAX

Fixed Income Sales
Associate 8-10 Global MNC 61 92 854,700 1,282,050

Fixed Income Trading
Managing Director 15-20 Global MNC 167 250 2,331,000 3,496,500

Investment Banking

Equity Sales

Equity Trading

Equity Research
Associate 8-10 Global MNC 41 61 569,800 854,700

Private Equity


MIN MAX MIN MAX

Intermediary Sales
Associate 5-8 Global MNC 81 122 1,139,600 1,709,400

Derivative Structuring

FX/Commodities

Institutional Sales

Fund Management
Associate 8-10 Global MNC 83 99 1,155,000 1,386,000

Financial Services (Middle Office)

MIN MAX MIN MAX
Global MNC 93 167 1,300,000 2,340,000

15-20 MNC HQ 84 150 1,170,000 2,106,000
Director
SME 74 134 1,040,000 1,872,000
Global MNC 74 134 1,040,000 1,872,000

Large Local/Global
SVP 10-15 MNC HQ 65 117 910,000 1,638,000
SME 60 109 845,000 1,521,000

Risk Management
Global MNC 37 56 520,000 780,000
Large Local/Global
VP 5-8 MNC HQ 37 56 520,000 780,000
SME 28 42 390,000 585,000
Global MNC 33 49 455,000 682,500

MNC HQ 33 49 455,000 682,500
SME 23 35 325,000 487,500

Product Management

Product Development
Global MNC 84 150 1,170,000 2,106,000

15-20 MNC HQ 84 150 1,170,000 2,106,000
Director
SME 65 117 910,000 1,638,000
Global MNC 74 134 1,040,000 1,872,000

Large Local/Global
Director 10-15 MNC HQ 70 125 975,000 1,755,000
SME 65 117 910,000 1,638,000

Treasury
Global MNC 37 56 520,000 780,000
Large Local/Global
Associate 5-8 MNC HQ 37 56 520,000 780,000
SME 28 42 390,000 585,000
Global MNC 23 35 325,000 487,500
Analyst 3-5 Large Local/Global

MNC HQ 23 35 325,000 487,500
SME 19 28 260,000 390,000


MIN MAX MIN MAX
Global MNC 84 150 1,170,000 2,106,000

15-20 MNC HQ 84 150 1,170,000 2,106,000
Director
SME 74 134 1,040,000 1,872,000
Global MNC 65 117 910,000 1,638,000
Large Local/Global
Director 10-15 MNC HQ 65 117 910,000 1,638,000
SME 56 100 780,000 1,404,000

Operation
Global MNC 33 49 455,000 682,500
Large Local/Global
Associate 5-8 MNC HQ 33 49 455,000 682,500
SME 28 42 390,000 585,000
Global MNC 33 49 455,000 682,500
Analyst 3-5 Large Local/Global

MNC HQ 33 49 455,000 682,500
SME 28 42 390,000 585,000
Global MNC 111 133 1,554,000 1,864,800

Managing
15-20
Director
SME 83 100 1,165,500 1,398,600
Trade and Sales Support
Director 10-15 SME 56 67 777,000 932,400
Associate 5-8 SME 33 39 455,840 547,008

Financial Services (Back Office)

MIN MAX MIN MAX
Global MNC 93 167 1,300,000 2,340,000
Large Local/Global
Director 15-20 MNC HQ 84 150 1,170,000 2,106,000
SME 65 117 910,000 1,638,000
Global MNC 74 134 1,040,000 1,872,000
Large Local/Global
Audit & Compliance Manager 10-15 MNC HQ 70 125 975,000 1,755,000
SME 56 100 780,000 1,404,000
Global MNC 33 49 455,000 682,500
Non-management 5-8 Large Local/Global

MNC HQ 33 49 455,000 682,500
SME 28 42 390,000 585,000
Global MNC 74 134 1,040,000 1,872,000
Large Local/Global
Director 15-20 MNC HQ 65 117 910,000 1,638,000
SME 60 109 845,000 1,521,000
Global MNC 60 109 845,000 1,521,000

Internal IT
Large Local/Global
Manager 10-15 MNC HQ 60 109 845,000 1,521,000
SME 51 92 715,000 1,287,000
Global MNC 23 35 325,000 487,500

Non-management 5-8
Large Local/Global
MNC HQ 23 35 325,000 487,500
IT Risk Manager 8-10 Global MNC 41 69 577,500 970,200
Non-management 5-8 Global MNC 33 41 462,000 577,500
Legal Manager 8-10 Global MNC 61 79 854,700 1,111,110
Non-management 5-8 Global MNC 41 53 569,800 740,740
= Hot jobs
Healthcare & Life Sciences

MIN MAX MIN MAX
CXO 15-20 Global MNC 56 100 780,000 1,404,000

Senior Management &
General Management
Global MNC 74 111 1,040,000 1,560,000
BU Head 10-15
Large Local/Global
MNC HQ 56 84 780,000 1,170,000
Director 15-20 Global MNC 56 100 780,000 1,404,000
Medical Global MNC 23 35 325,000 487,500

Manager 5-8
Large Local/Global
MNC HQ 28 42 390,000 585,000
Global MNC 65 117 910,000 1,638,000

Director 15-20
Large Local/Global
MNC HQ 51 92 715,000 1,287,000
Production & Operations
Global MNC 33 49 455,000 682,500
Manager 8-10
SME 28 42 390,000 585,000
Global MNC 74 134 1,040,000 1,872,000

Director 20+
Large Local/Global
MNC HQ 56 100 780,000 1,404,000
Sales & Marketing
Global MNC 33 49 455,000 682,500
Manager 10-15
SME 23 35 325,000 487,500
Director 20+ Global MNC 74 111 1,040,000 1,560,000

Healthcare Service
& Management
Manager 10-15 Global MNC 23 35 325,000 487,500
Global MNC 56 100 780,000 1,404,000
Large Local/Global
Director 10-15 MNC HQ 37 67 520,000 936,000
SME 23 42 325,000 585,000

Hospital Management
Global MNC 33 49 455,000 682,500
Manager 5-8 Large Local/Global

MNC HQ 19 28 260,000 390,000
SME 9 14 130,000 195,000
= Hot jobs
Consumer & Retail

MIN MAX MIN MAX

Senior Management
GM/BU Head 15-20 Global MNC 93 139 1,300,000 1,950,000
Global MNC 111 201 1,560,000 2,808,000

Large Local/Global
Director/Head 15-20 MNC HQ 93 167 1,300,000 2,340,000
SME 74 134 1,040,000 1,872,000
Global MNC 37 52 520,000 728,000

Sales & Business Manager/Senior Large Local/Global
8-10 MNC HQ 28 39 390,000 546,000
Development Manager
SME 14 20 195,000 273,000
Global MNC 8 13 117,000 175,500
Supervisor 3-5 Large Local/Global

MNC HQ 7 10 91,000 136,500
SME 5 7 65,000 97,500
Global MNC 43 64 598,000 897,000

Large Local/Global
Manager 10-15 MNC HQ 33 49 455,000 682,500
SME 17 25 234,000 351,000

Business Strategy
& Commercial Global MNC 14 21 195,000 292,500

MNC HQ 14 21 195,000 292,500
SME 11 17 156,000 234,000
Global MNC 19 28 260,000 390,000

Large Local/Global
Manager 8-10 MNC HQ 16 24 221,000 331,500
SME 11 17 156,000 234,000

Digitalization
Global MNC 16 24 221,000 331,500

MNC HQ 11 17 156,000 234,000
SME 7 11 104,000 156,000
Global MNC 93 167 1,300,000 2,340,000

Large Local/Global
Director 15-20 MNC HQ 70 125 975,000 1,755,000
SME 56 100 780,000 1,404,000
Global MNC 23 35 325,000 487,500

Large Local/Global
Marketing & Branding Manager 8-10 MNC HQ 17 25 234,000 351,000
SME 15 22 208,000 312,000
Global MNC 12 18 169,000 253,500

Large Local/Global
Supervisor 5-8 MNC HQ 9 14 130,000 195,000
SME 7 11 104,000 156,000


MIN MAX MIN MAX

PR & Communication

Supply Chain &
Procurement
Global MNC 70 125 975,000 1,755,000
Large Local/Global
Director 15-20 MNC HQ 51 92 715,000 1,287,000
SME 37 67 520,000 936,000
Global MNC 23 35 325,000 487,500
Product/Category Large Local/Global

Manager 8-10 MNC HQ 17 25 234,000 351,000
Management
SME 15 22 208,000 312,000
Global MNC 11 17 156,000 234,000

MNC HQ 9 14 130,000 195,000
SME 7 11 104,000 156,000
Global MNC 46 84 650,000 1,170,000
Large Local/Global
Director 10-15 MNC HQ 37 67 520,000 936,000
SME 28 50 390,000 702,000
Global MNC 23 33 325,000 455,000
Large Local/Global
Visual Merchandising Manager 8-10 MNC HQ 19 26 260,000 364,000
SME 16 22 221,000 309,400
Global MNC 7 11 104,000 156,000

MNC HQ 5 7 65,000 97,500
SME 4 6 52,000 78,000
= Hot jobs
Corporate Services
MIN MAX MIN MAX
Global MNC 74 134 1,040,000 1,872,000
Large Local/Global
CHRO/Sr. Director 15-20 MNC HQ 56 100 780,000 1,404,000
SME 23 42 325,000 585,000
Global MNC 46 84 650,000 1,170,000
Large Local/Global
Director/GM 10-15 MNC HQ 37 67 520,000 936,000
SME 23 42 325,000 585,000
Global MNC 23 35 325,000 487,500
Large Local/Global
HR Manager 8-10 MNC HQ 14 21 195,000 292,500
SME 9 14 130,000 195,000
Global MNC 9 14 130,000 195,000
Large Local/Global
SME 6 8 78,000 117,000
Global MNC 7 11 104,000 156,000
MNC HQ 7 10 91,000 136,500
SME 5 7 65,000 97,500
Global MNC 74 134 1,040,000 1,872,000
Large Local/Global
CFO 20+ MNC HQ 60 109 845,000 1,521,000
SME 23 42 325,000 585,000
Global MNC 65 117 910,000 1,638,000
Large Local/Global
Director/GM 15-20 MNC HQ 65 117 910,000 1,638,000
SME 23 42 325,000 585,000
Global MNC 25 38 351,000 526,500
Large Local/Global
Finance & Accounting Manager 10-15 MNC HQ 19 28 260,000 390,000
SME 9 14 130,000 195,000
Global MNC 7 11 104,000 156,000
Large Local/Global
SME 5 7 65,000 97,500
Global MNC 7 10 91,000 136,500
MNC HQ 5 7 65,000 97,500
SME 3 5 45,500 68,250
Director 10-15 Global MNC 46 56 650,000 780,000

Legal & Compliance

Supply Chain
Manager 10-15 Global MNC 65 84 910,000 1,170,000
= Hot jobs
Media, Advertising & Entertainment

MIN MAX MIN MAX
Global MNC 37 56 520,000 780,000
Large Local/Global
Manager 8-10 MNC HQ 23 35 325,000 487,500
SME 14 21 195,000 292,500

Account Management
& CRM
Global MNC 9 14 130,000 195,000

MNC HQ 7 11 104,000 156,000
SME 5 7 65,000 97,500
= Hot jobs
16
References
1. Calculation based on 69.32% labor participation rate and population of 270 million. As of 2019. https://tradingeconomics.com/
indonesia/labor-force-participation-rate
2. As of 2019 https://tradingeconomics.com/indonesia/gdp
3. As of Q4 2019 https://tradingeconomics.com/indonesia/foreign-direct-investment
4. As of December 2019 https://tradingeconomics.com/indonesia/manufacturing-pmi
5. https://www.thejakartapost.com/news/2019/07/16/data-points-to-slowdown-in-indonesian-economy-amid-ongoing-trade-war.html
6 . https://www.thejakartapost.com/news/2020/01/21/imf-trims-indonesias-economic-growth-prospects-amid-weakening-exports.html
7. https://www.thejakartapost.com/news/2020/04/14/imf-projects-0-5-growth-for-indonesia-as-global-economy-faces-deep-
recession.html
recession.html
9. https://www.bloomberg.com/news/articles/2020-04-01/indonesia-slashes-growth-forecast-as-virus-pandemic-takes-toll
recession.html
11. https://www.thejakartapost.com/news/2020/02/24/omnibus-bill-to-attract-87b-investment-open-3m-jobs-airlangga.html
12. 2020 RGF Talent in Asia Survey
15. https://www.aseanbriefing.com/news/tax-incentives-for-developing-talent-in-indonesia/
16. https://www.thejakartapost.com/news/2019/09/16/120-million-workers-need-reskilling-due-automation.html
17. https://www.thejakartapost.com/news/2020/01/06/government-prepares-national-talent-management-body-to-nurture-super-
talented-indonesians.html
18. https://www.humanresourcesonline.net/skills-update-in-indonesia-new-framework-launched-for-banking-sector-talent/
20. https://www.thejakartapost.com/news/2019/02/11/manufacturing-sector-to-drive-indonesias-economy-bappenas.html
21. https://www.indonesia-investments.com/business/business-columns/widodo-launches-roadmap-for-industry-4.0-making-
indonesia-4.0/item8711
22. https://www.channelnewsasia.com/news/asia/indonesia-s-economic-stimulus-not-enough-to-stop-layoffs-focus-12602438
23. https://www.opengovasia.com/industry-4-0-initiatives-further-indonesias-global-competitiveness/
24. https://www.mckinsey.com/~/media/mckinsey/featured%20insights/asia%20pacific/automation%20and%20the%20future%20
of%20work%20in%20indonesia/automation-and-the-future-of-work-in-indonesia-vf.ashx
25. https://www.techinasia.com/four-important-economies-world-startups
26. https://www.thejakartapost.com/news/2020/03/27/indonesia-retains-its-position-as-se-asias-second-largest-venture-capital-
market.html
27. https://www.techinasia.com/jd-indonesia-unicorn-status
28. https://www.forbes.com/sites/bernardmarr/2020/03/20/why-companies-turn-to-digital-marketing-to-survive-covid-
19/#51d6eed72425
29. 2020 RGF Talent in Asia Report
30. 2020 RGF Talent in Asia Report
About RGF
RGF (Recruit Global Family) is the global brand of Recruit Group, which is the fourth largest
recruitment and information service company globally. Founded in 1960, the Recruit Group
creates and provides platforms that connect companies and consumers by offering Opportunities
for Life. RGF International Recruitment, under the Recruit Group, provides a wide range of
recruitment solutions in 11 countries and markets across Asia. We deliver optimal, cross-border
recruitment solutions at all levels and across all industries and functions, transcending national
and city boundaries through our three service brands, with the aim of unleashing the potential of
individual talents and employers in Asia.
Brand and Services
RGF Executive Search

Focuses on senior executives to middle management search in
order to fulfil organisational goals, strategic planning development
and overall decision making that affects the entire business
Senior
organization.
Executives
• Mainland China, Hong Kong, Taiwan, India, Indonesia,

Japan, Malaysia, Singapore, Philippines, Vietnam, Thailand
RGF Professional Recruitment

Hires of managerial and specialist positions who are essential to
the real work of the business dealing with the people, customers
Middle
Managers
and teams driving the business cross-functionally. They can also
& Specialists be considered developmental candidates for executive senior
leadership positions.
• Mainland China, India, Japan, Singapore
RGF HR Agent
Fills a range of managerial, specialist and staff positions at
Japanese companies that require Japanese language skills.
Staff Draws on a deep understanding of Japanese companies with a
vast database of Japanese-speaking personnel to find the best
candidates.
• Mainland China, Hong Kong, Thailand, Indonesia,

Vietnam, India
Bó Lè Associates, Part of the RGF Executive Search brand, Bó Lè Associates provides

executive search services primarily in Mainland China, Hong Kong, and Taiwan.
www.rgf-hr.com

RGF Salary Watch 2020 - Indonesia PDF

Uploaded by

Document Information

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

RGF Salary Watch 2020 - Indonesia PDF

Uploaded by

Copyright:

Available Formats

Salary Watch 2020:

About this Report

RGF’s Salary Watch: Indonesia report has been conducted

RGF Salary Watch: Indonesia 3

About the Report 2

Making the Best of a Downturn

Additional Benefits Employees Look for

Investing in Talent Development

61% 60% 54%

EXPAND KNOWLEDGE SALARY OTHER

R&D Directors with more than Manufacturing, Production

Growing Demand for Digital Marketing

Digital Marketing Directors with Marketing & Branding Managers with

Combatting the Talent Crunch

What employers are looking for in talent:

RELEVANT KNOWLEDGE ADAPTABILITY CULTURE FIT30

Industrial Healthcare & Life Sciences

Consumer & Retail

Financial Services Media, Advertising

Industrial – Smart Manufacturing

Global MNC 121 232 1,690,000 3,250,000

Global MNC 74 139 1,040,000 1,950,000

SME 74 139 1,040,000 1,950,000

Global MNC 74 139 1,040,000 1,950,000

Global MNC 74 121 1,040,000 1,690,000

Global MNC 28 74 390,000 1,040,000

Global MNC 7 14 104,000 195,000

Global MNC 74 134 1,040,000 1,903,200

Quality Management Manager 8-12 Global MNC 24 37 340,000 520,000

Global MNC 84 139 1,170,000 1,950,000

ANNUAL SALARY RANGE ANNUAL SALARY RANGE

Global MNC 74 139 1,040,000 1,950,000

SME 74 111 1,040,000 1,560,000

Global MNC 19 56 260,000 780,000

SME 19 37 260,000 520,000

Global MNC 19 56 260,000 780,000

Account Large Local/Global

SME 14 28 195,000 390,000

Global MNC 74 139 1,040,000 1,950,000

Marketing Large Local/Global

SME 74 111 1,040,000 1,560,000

Global MNC 19 56 260,000 780,000

Marketing Large Local/Global

SME 19 37 260,000 520,000

Technology, Internet & Telecommunications

CEO/President 20+ Global MNC 150 230 2,100,000 3,220,000

Global MNC 65 176 910,000 2,457,000

SME 56 150 780,000 2,106,000

Global MNC 46 84 650,000 1,170,000

SME 37 67 520,000 936,000

Global MNC 23 42 325,000 585,000

Engineer 3-5 Large Local/Global

SME 14 25 195,000 351,000

Global MNC 46 104 650,000 1,755,000

SME 37 84 520,000 1,404,000

Global MNC 23 42 325,000 585,000

Global MNC 14 25 195,000 351,000

Engineer 3-5 Large Local/Global

SME 9 17 130,000 234,000

Global MNC 65 176 910,000 2,457,000

SME 56 150 780,000 2,106,000

Global MNC 33 59 455,000 819,000

SME 23 42 325,000 585,000