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APAC Salary Guides for 2011
1 Comment | Posted by Chris Jay in Careers, Commerce and Industry, Financial Services, IT
Our latest salary guides offer market intelligence on hiring and remuneration across the financial services and commercial sectors in Hong Kong, Japan, Singapore and Sydney.
We hope you find these reports informative. If you have any questions, feedback or would like to discuss any of the findings, please contact us directly.
2011 Singapore Salary Guide
Singapore’s reputation as a stable economy, with excellent infrastructure and talented professionals, has seen it pull out of the economic downturn fairly quickly and move into a prudently optimistic recruitment market. The city-state’s recovery is solid rather than stellar, but many sectors are now rapidly expanding and enjoying robust growth.
2011 Hong Kong Salary Guide
Across the board, 2010 was a year of robust economic recovery for Hong Kong. The city’s unique position as the gateway to China meant most firms were looking at expansion. This growth is set to continue in 2011 and companies’ hiring patterns will match their expansion plans. Businesses are not only growing their core areas; many are also investing in new areas to take advantage of the strong economy.
2011 Japan Salary Guide
There have been significant impacts on the Japanese market following the country’s devastating earthquake and tsunami in March. As the country works to recover, it is going to become increasingly important to sustain the Japanese economy. As well as looking after our own employees, we will be supporting companies in meeting their immediate resourcing needs, to ensure that where possible, their business operations can continue.
2011 Sydney Salary Guide >>
Overall, the Australian economy is solid in an ever-changing world. The nation came out of the global financial crisis at an impressive rate in 2010 compared to other advanced economies. There is a sense of stronger business and consumer confidence as 2011 progresses, which will naturally lead to investment in business growth and the people needed to implement expansion strategies.
So that’s it – you have made the decision to develop your career in a new country. All you need is to get that job.
First get your CV dusted off…easy. Then do your research and explore your options.
Where are you going to? Been there before?
The easiest option is if your employer has a presence there, explore opportunities internally. Put your hat in the ring and get your boss on side; he or she could be your best ally in navigating the internal maze. What if there is no vacancy? Why not create one for yourself? Do market research, identify a gap, do a business plan, sell it!
If you have to go solo, research the job market:
• Find out which sectors are recruiting and likely to see high levels of business activity in the near future
• Look into which businesses are recruiting and in what areas and levels to see if there could be an opening for you
• Determine where you might be able to fit in and add value
• Position yourself to stand out from the crowd.
The best way to do this if you are looking at moving internationally is to get a locally based reputable recruitment firm on side. They will be a great source of information regarding the jobs market, salaries, cultural norms and life there. They will also assess your chances of finding a role. It’s in their interest!
Meanwhile use your network, job boards and directly contact companies of interest. Locate the decision makers in your area and approach them for advice and potential opportunities.
Then think about how you can make yourself available, especially if you’re moving from one side of the world to another. You have more chances of securing a role quickly if you physically take yourself to the country you’re targeting. It will show determination and commitment and employers can only be impressed. Contact them prior to your arrival and request meetings. People will be happy to meet you since firstly, you made the effort, and secondly, it doesn’t cost them thus lessening their risk.
However if you cannot travel across the world, find ways of being available e.g. phone calls at convenient times if they are on a completely different time zone; using video calling or finding out if they or a colleague are travelling to where you are currently based for an initial meeting.
Potential employers will appreciate your efforts and hopefully you will find the right opportunity to develop your career in a new country.
