Maayia Salary enchmark - Michael Page · gave Malaysia perfect scores for both macro-economic stability and its credit gap. Specifically, Malaysia scored a healthy 10-year average

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Malaysia Salary Benchmark

AboutThe Michael Page Salary Benchmark is our annual salary report developed to provide hiring managers and candidates with salary references across various industries by job functions, including Finance, Technology, Human Resources, Sales and more.

The report also includes an overview of market trends, hiring demands and job seekers’ sentiments within each industry. This year’s Michael Page Salary Benchmark is available in 13 markets across the Asia Pacific: Australia, Hong Kong, India, Indonesia, Japan, Mainland China, Malaysia, New Zealand, Philippines, Singapore, Taiwan, Thailand and Vietnam.

Report methodologyThe Michael Page Salary Benchmark is derived from 5,000 data points in our proprietary data and network in Malaysia, which includes job advertisements and placements made between July 2018 and June 2019, incorporating salary projections for 2020, the Job Applicant Confidence Index, insights from our business leaders, our recruiters’ interactions with companies and industry professionals, as well as other supplemental information from our various studies were also taken into consideration.

This year, the salary figures are represented by the minimum, maximum and median where median is a representation of the middle-most value in a set of data, arranged in ascending order. This means that, half the people who work in a specific field earns less than the median salary from the minimum, while the other half earns more towards the maximum.

Michael Page Malaysia Salary Benchmark 2020 | 2

Job Applicant Confidence Index ................................................. 5

Infographic: What is the Malaysia workforce thinking? ................. 6

Business Services ...................................................................... 8

Engineering & Manufacturing .....................................................16

Fast Moving Consumer Goods (FMCG) & Retail ........................ 24

Financial Services ..................................................................... 33

Healthcare & Life Sciences ....................................................... 38

Technology & Telecommunications .......................................... 44

Contents


Technology growth fuels Malaysia’s new decade glow

Starting any new decade always sparks a sense of excitement, as we not only imagine what the year might bring, but where our businesses might be 10 years from now. In Malaysia, the sense of starting afresh is a palpable one, as the country continues to embrace its new political and business realities. The local business community, too, enjoys the benefits of initiatives like Industrial Revolution 4.0, particularly its mission to embrace the promise of automation, and attract new tranches of investment into the economy.

With this in mind, many of those we speak to remain bullish about the year ahead, willing to put aside some obvious storm clouds on the horizon from a macro-economic point of view, and embrace what we see as excellent economic fundamentals for this economy, many of which are only now being truly leveraged. This was highlighted recently by the World Economic Forum’s (WEF) Global Competitiveness Report, which gave Malaysia perfect scores for both macro-economic stability and its credit gap. Specifically, Malaysia scored a healthy 10-year average of 4.8% in terms of annual GDP growth, as well as a five-year average of 3.1% in terms of foreign direct investment. More encouraging still

is an economy that embraces change, so much so that out of 141 economies, WEF ranks Malaysia third in the world for companies embracing disruptive ideas, and fourth overall for its entrepreneurial culture.

For Michael Page, with a strong base in Digital and Technology hiring and a proud history of working with SMEs, this is truly exciting. With natural advantages in terms of location, population mix and cost base, we see huge potential for businesses to invest further here in a regional sense, together with rich opportunities for Malaysians to return and enjoy the benefits of an exciting decade ahead.

Malaysia ranks third in the world for companies embracing disruptive ideas, and fourth overall for its entrepreneurial culture.Paul CooperManaging DirectorMichael Page Malaysia


53% ARE INCLINED TO WORK OVERSEAS IN 202067% BELIEVE THEY WILL TAKE LESS THAN THREE MONTHS TO FIND A NEW JOB vs 67% in 2019

63% FORESEE THEMSELVES HAVING BETTER CAREER PROGRESSION IN 2020 vs 67% in 2019

62% ARE POSITIVE ABOUT THE JOB MARKET vs 72% in 2019

A measure of how optimistic job applicants in Malaysia are about the job market.

THE MICHAEL PAGE JOB APPLICANT CONFIDENCE INDEX


What is the Malaysia workforce thinking?

58%50%

of the Malaysian workforce feel they have maximum autonomy at work

rate their contributions as highly impactful

of professionals in Malaysia reportedly work in a

with the following top traits:

Collaborative

Problem solving

Accountability

82%HARMONIOUS WORKPLACE

of the Malaysian workforce feel they have no freedom to have a break during work hours

while 1 in 2 claim they have the flexibility to work outside their office

34%

OBJECTIVES OF A LEADERSHIP TEAM

PROFIT AND REVENUE

Having a CLEAR DIRECTION AND VISION

56% 96%

MOST IMPORTANT

LEAST IMPORTANT

PROFESSIONAL DEVELOPMENT

42%of respondents feel their potential was not maximised

38%of the Malaysian workforce say their company neglected their professional coaching and development

of Malaysia professionals feel their COMPANY IS BEHIND IN DIGITAL TRANSFORMATION

30%


3 TOP CONSIDERATIONS WHEN ACCEPTING A NEW JOB

Work culture and team dynamics

Employee benefits

New challenges and industry exposure

1

2

3

Work culture and team dynamics

New challenges and industry exposure

Mentorship and leadership capabilities

1

2

3

claim they WOULD GIVE THE MANAGEMENT HEADS UP before their official resignation88%

96% would give HONEST REASONS for leaving

GEN X MILLENNIALS

Employee engagement was strengthened

Training and development plans were scheduled

A promotion in job title was offered

GEN X

MILLENNIALS

Respondents say they would have stayed in their last company if

Training and development plans were scheduled

Employee engagement was strengthened

A monetary raise was offered

do not consider unsatisfactory monetary benefits as the top reason to leave their job

SAYING GOODBYEHere are the top factors:

A better opportunity somewhere else

Unhealthy work culture

Misaligned leadership style

1

2

3

92%

1

2

3

Conflict management

Mentorship

MOST IMPORTANT SOFT SKILLS

Communication

23% of respondents state that the management team did not get to know them on a personal level

UNFAIRLY APPRAISED 30% feel they were

RETENTION

respondents born between 1965 and 1980

respondents born between 1981 to 1996




Business ServicesTop 3 hiring trends

Trending skills

Most active hiring functions

Roles in demand

• Chief Technology Officer

• Chief Financial Officer

• Head of Sales

• Head of Global Business Services (GBS)

• Change Management Consultant

1. Malaysia’s fintech sector is driving demand for talent with e-money and blockchain experience.

2. External economic factors are impacting businesses and hiring activities due to lower business margins.

3. Demand for sales talent remain high among the growing Malaysia start-up community.

Insights and data

management

COE and regional

experience

Change management and

transformation

Human ResourcesFinance SalesTechnology

average salary increase when switching jobs

within similar industries

15-20%


Business Services Salary Tables

C-Suite

Role

Base salary range for 12 months (MYR'000)

Min Median Max

Chief Operations Officer 180 198 216

Chief Human Resources Officer 360 420 480

Chief Financial Officer 480 540 600

Engineering & Manufacturing

Role


Min Median Max

Production Executive 60 66 72

Utilities Engineer 60 66 72

Assistant Quality Manager 96 108 120

Production Manager 120 138 156

Quality Manager 120 158 189

Factory Manager 150 175 200

Engineering Manager 162 186 210

Continuous Improvement (CI) Director 180 210 240

General Manager 300 350 400

Managing Director 480 540 600



Accounting & Finance - Shared Services

Role


Min Median Max

Accounts Payable / Receivable Executive 50 56 62

Accountant 60 78 96

Accounts Payable / Receivable Team Lead 72 96 120

Accounts Payable / Receivable Manager 108 132 156

Costing Analyst 60 84 96

Financial Analyst 78 90 102

Financial Planning & Analysis (FP&A) Manager

120 180 240

Record to Report (RTR) Associate 60 69 78

Record to Report (RTR) Team Lead 96 120 144

Record to Report (RTR) Manager 120 180 216

Head of Record to Report (RTR) 216 300 396

Order to Cash (OTC) Team Lead 72 96 120

Order to Cash (OTC) Manager 120 150 180

Head of Order to Cash (OTC) 180 270 360

Procure to Pay (PTP) Team Lead 84 96 108

Procure to Pay (PTP) Manager 144 180 216

Head of Procure to Pay (PTP) 216 288 360

Head of Shared Services Centre 360 540 720

Accounting & Finance

Role


Min Median Max



Accounts Executive 24 36 48

Accountant 48 72 96

Assistant Accounting Manager 72 78 84

Accounting Manager 72 84 96

Group Accountant 120 150 180

Head of Accounting 264 276 288

Collection Manager 96 138 180

Assistant Finance Manager 48 78 108

Finance Manager 84 120 180

Financial Reporting Manager 120 150 180




Role


Min Median Max

Assistant Commercial Finance Manager 60 81 90

Commercial Finance Manager 96 138 192

Business Finance Manager 180 192 204

Finance and Commercial Manager 180 198 216

Senior Finance Manager 120 150 180

Head of Finance 269 325 380

Finance Director 300 336 403

Regional Finance Director 300 395 490

Business Analyst 60 102 144

Finance Analyst 70 77 84

Financial Planning & Analysis (FP&A) Specialist

84 102 180

Credit Controller 60 90 120

Business Controller 108 126 144

Finance Controller 184 208 232

Corporate Finance Controller 222 249 279

Finance Control and Compliance Specialist 72 81 90

Internal Audit Executive 84 99 109

Internal Audit Manager 144 150 156

Head of Internal Audit 240 300 360

Tax Advisor 60 78 84

Tax Manager 102 132 180

Tax & Treasury Manager 120 156 216

Treasury Analyst 60 72 84

Treasury Manager 96 108 120

Head of Treasury 240 250 260



Human Resources (HR)

Role


Min Median Max

HR Manager 132 148 164

Human Resources Business Partner (HRBP) 120 144 168

Senior Human Resources Business Partner (HRBP)

144 180 240

General Manager HR / Head of HR` 216 264 300

HR Director 264 350 420

Career Integration & Development Specialist 72 96 108

Payroll Manager 144 162 180

Recruitment Consultant 60 71 96

Talent Acquisition Manager 96 120 144

Talent Management Manager 120 126 132

HRIS Specialist (Manager) 108 120 150

IT

Role


Min Median Max

IT Support Analyst 72 84 96

IT Enterprise Architect 78 93 108

Senior Data Analyst 96 114 132

Senior IT System Analyst 96 105 114

Service Desk Analyst 101 109 117

Data Engineer 120 129 138

Enterprise Resource Planning (ERP) Manager

156 168 180

Data Warehouse Architect 180 210 240

Life Sciences

Role


Min Median Max

Chemist 50 55 60



Marketing

Role


Min Median Max

Marketing Manager 108 114 120

Head of Marketing 120 210 300

Marketing Director 240 360 480

Assistant Brand Manager 69 77 84

Brand Manager 108 120 132

Senior Brand Manager 180 186 192

Public Relations (PR) Manager 132 141 150

Communications Manager 162 174 180

Senior Communications Manager 168 177 192

Customer Relationship Management (CRM) Manager

120 126 132

Product Executive 48 51 54

Product Manager 144 162 180

Research Manager 96 114 132

Senior Research Manager 144 150 156

Research Director 180 198 216



Procurement & Supply Chain

Role


Min Median Max

Senior Customer Service Representative 65 73 81

Customer Service Manager 93 104 114

Head of Customer Service Centre 215 242 269

Call Centre Manager 120 132 144

Customer Operations Manager 120 130 140

Channel Inventory Planner 66 81 96

Inventory Control Manager 120 132 144

Logistics Manager 120 132 144

Order to Cash (OTC) Manager 120 132 144

Procurement Executive 60 66 72

Senior Procurement Executive 66 72 78

Procurement Specialist 72 81 90

Procurement Manager 108 120 132

Procurement Analyst 120 132 144

Strategic Buyer 180 212 244

Supply Chain Executive 50 54 60

Supply Chain Manager 129 136 144

Supply Planning Manager 120 132 144

Supply and Operations Planner 120 132 144

Business Unit Director 360 390 420



Sales

Role


Min Median Max

Business Development Analyst 48 66 84

Business Development Manager 72 84 96

Key Account Manager 60 90 120

Head of E-commerce 200 250 300

Pre-sales Manager 72 84 96

Technical Sales Engineer 60 72 84

Sales Representative 30 45 60

Sales Executive 36 48 60

Inside Sales Manager 60 75 90

Channel Manager 96 108 120

Sales and Marketing Manager 84 114 144

Sales Capability Manager 84 132 180

Country / National Sales Manager 180 210 240

General Manager Sales 240 270 300

Director Sales and Marketing 300 360 420

Head of Sales and Marketing 300 390 480

Real Estate & Property

Role


Min Median Max


Assistant Sales Manager 60 72 84

Sales Manager 96 120 144

Senior Sales Manager 144 192 240


Facilities Manager 84 132 180

Franchise Manager 96 140 180

Leasing Manager 84 132 180


Engineering & ManufacturingTop 3 hiring trends

Trending skills


Roles in demand

• Sales Manager

• Procurement Manager

• Production Manager

• Accountant

• Finance Manager

1. Government initiatives are driving investments and healthy growth in the renewable energy sector.

2. High demand for talent with automation and process improvement experience.

3. Companies are cautious about headcount expansion due to slower growth in the industry.

Electrical and instrumentation

Financial Planning

& Analysis (FP&A)

Business partnering

TechnologySales MarketingFinance



10-15%


Engineering & Manufacturing Salary Tables

C-Suite

Role


Min Median Max




Chief Executive Officer 600 720 840


Role


Min Median Max

Accounts Payable / Receivable Specialist 42 57 72

Accountant 60 75 96

Senior Accountant 84 102 120


Cost Accountant 72 108 144

Costing Manager 120 150 180

Record to Report (RTR) Team Lead 66 75 84

Senior Credit Analyst 72 84 96



108 162 216


Financial Controller 180 210 240

Head of Finance Controlling 216 246 276

Internal Controls Specialist 84 96 108




Treasury Analyst 72 96 108

Group Head of Corporate Assurance 240 300 360



Engineering

Role


Min Median Max

Senior Engineer 84 90 96


Senior Engineering Manager 180 210 240

Director of Engineering 250 275 300

Project Engineer 72 78 84

Senior Project Manager 180 210 240

Design Engineer 75 83 90

Mechanical Design Engineer 80 90 100

Senior Research & Development (R&D) Engineer

78 84 90

Head of Research & Development (R&D) 150 175 200

Process Engineer 60 66 72

Process Engineering Manager 150 165 180

Field Service Engineer 63 68 72

Electrical Engineer 70 80 90

Product Stewardship Manager 108 132 156




Role


Min Median Max

Compensation & Benefits (C&B) Specialist 60 78 96

Head of Compensation & Benefits (C&B) 144 192 240

HR Executive 36 54 72


Human Resources Information Systems (HRIS) Specialist

60 90 120



144 202 260

Employee Relations Specialist 48 84 120

Mobility Specialist 39 68 96

Head of Mobility 144 192 240

Payroll Specialist 39 68 96

Organisational Development Specialist 48 66 84

Head of Organisational Development 160 205 250

Recruitment Specialist 36 72 108

Head of Talent Acquisition 108 174 240

Learning and Development Specialist 48 72 96

Head of Learning and Development 108 174 240

Marketing

Role


Min Median Max


Market Development Manager 120 150 180

Marketing Director 180 198 216


Senior Product Manager 240 270 300



Operations

Role


Min Median Max

Operational Excellence Manager 144 162 180

Operations Manager 150 165 180

Operations Director 250 305 360

Head of Operations 300 330 360

Maintenance Engineer 66 69 72

Senior Maintenance Engineer 72 84 95

Maintenance Manager 120 138 156

Estate Manager 100 110 120

Technical Trainer 96 108 120

Environment, Health & Safety (EHS) Manager

140 160 180

Continuous Improvement (CI) Manager 156 198 240

Director Business Process 240 270 300




Quality & Testing

Role


Min Median Max

Service Engineer 84 90 96

Senior Service Manager 120 150 180

Test Engineer 120 135 150

Senior Test Manager 132 156 180


Quality Director 250 305 360



Technology

Role


Min Median Max

Systems Analyst 48 62 75

Data Analyst 60 69 78

Senior Systems Consultant 60 72 84

IT Infrastructure Service Desk Manager 96 105 114

Business Intelligence (BI) Analyst 84 102 120

Systems Specialist 102 117 132

Data Governance Manager 108 120 132

Senior Software Developer 108 120 132

IT Operations Lead 116 131 145

IT Business Engagement Manager 144 162 180

Senior Enterprise Resource Planning (ERP) Consultant

150 165 180

IT Enterprise Architect 144 168 192

Senior IT Program Manager 156 183 210

Logistics

Role

Base salary range for 12 months (MYR’000)

Min Median Max


Cluster Delivery Analyst 120 132 144

Value Chain Analyst 120 132 144

Logistics Specialist 120 132 144


Warehouse Executive 52 57 66

Warehouse Manager 120 150 180

Senior General Manager 156 186 216



Procurement

Role


Min Median Max

Buyer 54 68 82

Senior Buyer 84 90 96

Category Manager 120 132 144

Procurement Executive 54 66 78



Supply Chain Management

Role


Min Median Max


Senior Supply Planner 84 94 105


Supply Chain Leader 155 162 168

Director Supply Chain 180 210 240

Support Operations Manager 78 93 108

Account Management

Role


Min Median Max

Key Account Executive 48 60 72


Corporate Account Manager 96 108 120

Service Manager 108 120 132



Sales Generalist

Role


Min Median Max



Senior Sales Executive 60 78 96


Country Sales Manager 180 240 300


Sales Director 240 360 480


Head of International Markets 300 450 600

Sales Engineer 48 66 84

Technical Sales Consultant 48 84 120

Technical Sales Engineer 48 84 120

Senior Business Manager 180 240 300


Top 3 hiring trends

Trending skills


Digital & E-commerce

Sales, Marketing & Retail

Human Resource

Roles in demand



15-25%• Digital Marketing Manager

• Key Account Manager

• Brand / Product Manager

• Retail Operations Manager

• Human Resources Business Partner

Digital marketing and analytics

Talent management

Omnichannel and e-commerce


1. Demand for talent at middle management level particularly within sales and marketing-related positions remains strong.

2. Companies now offer incentives and bonuses to attract and retain talent.

3. Companies aggressively recruiting talent with digital marketing and / or omnichannel experience.

Fast Moving Consumer Goods (FMCG) & Retail


C-Suite

Role


Min Median Max



Chief Marketing Officer 464 619 774

Digital

Role


Min Median Max

Data Analyst 120 126 132

Digital Marketing Manager 180 186 192

Group Digital Marketing Manager 216 228 240

Director Digital Transformation 240 270 300

Director E-commerce 240 300 360

Fast Moving ConsumerGoods (FMCG) & Retail Salary Tables



Role


Min Median Max

Assistant Quality Manager 96 108 120

Supplier Quality Assurance (QA) Specialist 96 120 144

Quality Assurance (QA) Manager 120 168 216

Continuous Improvement (CI) Engineer 72 84 96

Environment, Health & Safety (EHS) Manager

144 192 240

Senior Environmental Sustainability Manager

180 200 220

Director Quality and Food Safety 240 300 360

Plant Engineer 60 66 72


Plant Manager 180 270 360


Shift Production Executive 60 66 72

Production Manager 120 168 216

Senior Project Engineer 96 108 120

Project Manager 120 168 216

Regional Project Commercialization Manager

144 156 168

Research & Development (R&D) Chemist 48 54 60

Food Application Technologist 60 78 96

Product Development Manager 120 168 216

Research & Development (R&D) Director 240 300 360






Role


Min Median Max


Assistant Accounts Payable / Receivable Accountant

48 54 60


Accounts Receivable Analyst 48 66 84

Accounts Payable / Receivable Team Lead 84 96 108

Accountant 60 78 96


General Ledger Manager 96 105 114

Cost Accounting Manager 84 114 144



Costing Manager 108 144 180

Procure to Pay (PTP) / Order to Cash (OTC) Analyst

48 66 84

Collections Manager 144 192 240




Corporate Finance Manager 96 138 180







Senior Financial Analyst 96 108 120


84 132 180




Corporate Financial Controller 180 240 300


Regional Financial Controller 240 288 390




Role


Min Median Max

Financial Control & Compliance Specialist 72 81 90

Finance Compliance Manager 144 192 240





Role


Min Median Max



Head of HR 156 174 193

Regional HR Manager 144 180 216

Deputy Director HR 300 330 360


Employer Branding Executive 48 60 72

Senior Training Executive 120 162 204

Talent Acquisition Specialist 72 96 108

Senior Talent Acquisition Lead 144 162 180



Marketing

Role


Min Median Max

Senior Marketing Executive 54 66 78

Group Marketing Manager 168 204 240


Corporate Affairs and Communications Manager

120 150 180

Regional Head of Communications 240 252 264

Assistant Brand Manager 60 90 156

Customer Relationship Management (CRM) Analyst

60 63 66

Customer Relationship Management (CRM) Manager

120 126 180

Product Executive 48 51 54


Graphic Designer 30 34 39




Role


Min Median Max

Customer Service Executive 30 48 66

Helpdesk Support Executive 42 57 84



Buyer 72 78 84

Senior Buyer 78 84 96

Senior Procurement Executive 66 78 90

Assistant Procurement Manager 84 90 96

Procurement Category Manager 108 120 132

Procurement Analyst 60 120 144

Procurement Business Partner 120 132 144


Senior Procurement Manager 180 240 300

Head of Procurement 300 330 360

Purchasing Officer 54 60 66

Purchasing Manager 168 186 204

Inventory Control Manager 120 132 144

Regional Logistics Manager 156 171 186

Senior Logistics Operations Manager 180 186 192

Demand and Supply Planner 60 63 66

Demand Planning Manager 60 120 156

Associate Demand Planning Manager 78 110 143

Supply Planning Executive 42 53 70

Supply Planning Manager 120 132 144



Senior Supply Chain Manager 144 162 180

Regional Supply Chain Manager 144 166 188

Warehouse Executive 42 51 60




Sales

Role


Min Median Max

Key Account Executive 48 60 72


Senior Key Account Manager 108 144 180

Group Key Account Manager 120 168 216

Regional Key Account Manager (Non-domestic)

240 420 600


Head of Business Development 240 270 300

Area Sales Executive 48 60 72

Area Sales Manager 72 96 120

Store Manager 60 78 96

Retail Manager 96 120 144

Retail Director 180 210 360

Trade Marketing Executive 48 54 60

Assistant Trade Marketing Manager 60 78 96

Trade Marketing Manager 96 168 240

Head of Trade Marketing 216 288 360

Distribution Manager 96 108 120

Food Service Manager 96 138 300

E-commerce Manager 96 120 240

Regional Sales Manager 120 150 180

Export Sales Manager 84 162 300

Country Sales Manager 180 240 480


Commercial Director 300 390 720


Head of International Sales 240 360 480



Technology

Role


Min Median Max

Procurement IT Support 36 42 60

Global Service Desk Analyst 43 55 66

Enterprise Resource Planning (ERP) Support Analyst

48 60 72

Automation Developer 54 63 72

Regional Business Analyst 72 87 102

Business Intelligence (BI) Analyst 78 90 102

Technical Writer 72 90 108

Enterprise Services Lead 96 156 216

Senior Analyst 96 111 126

Senior IT System Analyst 96 105 114

Risk & Controls Service Manager 96 111 126

Technical Subject Matter Expert (SME) 96 111 126

Regional Infrastructure Manager 102 129 156

Contract Manager 102 113 126

Technical Authority 102 114 126

Business System Analyst Lead 120 138 156

Global Project Manager 120 180 240

Lead Application / Enterprise Architect 120 168 216



Services Operations Lead Manager 174 204 234

Senior Product Authority 174 204 234


Information Technology Director 240 270 300

Director Shared Services Centre, Technology

300 360 420



Top 3 hiring trends

1. Changing regulations will see demand for risk, compliance and audit professionals while companies invest in governance infrastructure.

2. Focus on enhancing overall customer experience with innovation in interface channels across different transaction platforms.

3. More qualified sales professionals with banking or financial services experience needed to cater to heightened sophistication levels among investors.

Trending skills

GovernanceTechnologySales Finance

Roles in demand

• Relationship / Branch Manager

• Compliance Manager

• Risk Manager

• Analytics Specialist

• Digital / Transformation Consultant

Digital analytics

Risk management

Digitalisation and automation




15-25%

Financial Services


Financial Services Salary Tables

C-Suite

Role


Min Median Max



Chief Marketing Officer 300 510 720

Chief Risk Officer 240 360 480

Chief Compliance Officer 240 360 480

Compliance

Role


Min Median Max

Compliance Executive 48 60 72

Senior Compliance Executive 60 72 84

Compliance Manager 96 114 120

Group Compliance Manager 110 115 156

Senior Compliance Manager 156 192 216

Head of Compliance 240 360 480


Finance

Role


Min Median Max

Operations Executive 48 57 66

Credit Control Manager 96 108 120

Director Credit Control 120 132 144

Head of Financial Reporting 192 204 216

Head of Treasury 180 198 216

Transaction Banking Lead 216 217 217


Vice President Finance 180 240 300

Insurance Advisor 72 84 96

Senior Insurance Manager 360 390 420




Role


Min Median Max





180 220 260


Human Resources Information Systems (HRIS) Specialist

60 90 120



Associate Director Skills Development 140 156 162



Head of Mobility 144 172 200

Organisational Development 48 66 84


Head of Talent Management 204 282 360






Marketing

Role


Min Median Max

Events Coordinator 36 43 50

Events Planner 36 48 60

Events Manager 60 78 96

Head of Events 108 144 180

Internal Communications Executive 36 42 48

Internal Communications Manager 120 150 180

Director Internal Communications 180 240 300

Marketing Communications Executive 60 66 72

Marketing Communications Manager 96 123 150

Director Marketing Communications 200 280 360

Market Research Executive 36 42 48

Market Research Manager 60 72 84

Director Market Research 216 258 300

Public Relations (PR) / Corporate Communications Executive

36 42 48

Public Relations (PR) / Corporate Communications Manager

72 90 108

Director Public Relations (PR) / Corporate Communications

180 240 300

Corporate Social Responsibility (CSR) Manager

72 90 108

Head of Communications 216 288 360


Risk

Role


Min Median Max

Risk Associate 48 60 72

Senior Risk Associate 60 72 84

Risk Manager 96 114 156

Senior Risk Manager 156 192 216



Sales

Role


Min Median Max

Head of Sales 144 192 240

Regional Head of Sales 300 350 500

Personal Financial Consultant 36 48 60

Bancassurance Specialist 72 96 144

Branch Manager 60 120 264

Senior Corporate Banker 180 240 300

Head of Corporate Banking 300 450 600

Head of Commercial Banking 240 350 450

Relationship Manager (Retail) 36 78 108

Relationship Manager (Commercial / Corporate)

65 145 210

Director Relationship Management 200 265 360

Technology

Role


Min Median Max

IT Support Analyst 42 48 54

IT Security Engineer 60 66 77

Assistant IT Security Manager 120 132 144

Senior IT Security Manager 180 204 228

Infrastructure Manager 96 117 138

Application Support Specialist 54 75 96

Technical Service Delivery Manager 132 147 162


Top 3 hiring trends

Trending skills




Finance Sales

Roles in demand

• Regulatory Affairs

• Factory Managing Director

• Sales and Marketing

• Niche technical roles

• Financial Planning & Analysis Specialist

1. Healthcare manufacturing companies are moving out of Singapore into emerging markets like Malaysia.

2. Medical device businesses are growing in view of market confidence in the region.

3. Increased mergers and acquisitions (M&A) activity is resulting in organisational restructuring at all levels.

Therapeutic sales

Data analytics

Financial Planning

& Analysis (FP&A)



18-23%

Healthcare & Life Sciences


Healthcare & Pharmaceutical Salary Tables

C-Suite

Role


Min Median Max


Chief Executive Officer 300 600 1000




Role


Min Median Max


Senior Engineering Manager 264 322 380

Engineering Director 300 325 400


Operations Director 300 350 450

Research & Development (R&D) Manager 120 150 200

Research & Development (R&D) Director 250 325 400


Quality Director 250 325 400


Technical Director 250 325 400

Manufacturing Director 250 325 400

Plant Manager 250 475 700



Finance

Role


Min Median Max




Accountant 60 78 96


Head of Accounting 180 198 216

Senior Costing Analyst 96 114 132












Finance Controller 184 208 232

Corporate Finance Controller 222 249 279

Finance Analyst 70 77 84



84 102 180


108 144 180






Tax and Treasury Manager 120 156 216




Role


Min Median Max




144 192 240

Human Resources Information System (HRIS) Specialist

60 90 120





Organisational Development Specialist 48 66 84







Head of Talent Management 180 240 300



Life Sciences

Role


Min Median Max

Clinical Operations Manager 120 150 180

Market Access Lead 180 210 240

Medical and Scientific Affairs Manager 120 156 192

Medical Advisor 120 162 204

Medical Affairs Manager 180 210 240

Medical Director 558 620 682

Occupational Health Nurse 60 78 96

Regional Regulatory Affairs Specialist 78 111 144

Research & Development (R&D) Manager 108 120 132

Scientific and Corporate Affairs Manager 120 138 156

Scientific, Academic and Public Health Manager

96 132 168

Clinical Research Associate 100 120 180

Head of Medical Services 180 210 240


Role


Min Median Max


Logistics Specialist 120 132 144





Director Supply Chain 300 450 720



Sales

Role


Min Median Max

Sales Representative 36 48 60




National Sales Manager 144 222 300

Director Sales and Marketing 240 360 480

Head of Country Sales 300 450 600

Head of Regional Sales 350 500 750


Technology

Role


Min Median Max

Desktop Support Engineer 42 48 54

IT Operations Engineer 60 90 120

Senior Developer 120 129 138


Top 3 hiring trends

Trending skills



Finance Sales

Roles in demand

• Software Developer

• Systems Analyst

• Application Consultant

• Data Warehouse Architect

• Chief Technology Officer

1. Interest in a cashless future is driving demand for talent with digital banking and e-payment background.

2. Strong demand for professionals with augmented analytics and machine learning experience.

3. Rise in job opportunities within cybersecurity as privacy becomes an increasing concern.

Java scripting

Cloud-based application

development

Mobile application

development



10-22%


Technology & Telecommunications


Technology &Telecommunications Salary Tables

C-Suite

Role


Min Median Max

Chief Technology Officer 245 348 450

Chief Sales Officer 360 540 720





Role


Min Median Max




Collection Manager 76 128 180


Accountant 48 72 96










Finance and Commercial Director 240 285 330







84 102 180




Corporate Financial Controller 222 249 279

Financial Control and Compliance Specialist 72 81 90






Treasury Manager 120 150 180




Role


Min Median Max

Change Management Specialist 108 126 144

Compensation & Benefits (C&B) Manager 96 102 108

Compensation & Benefits (C&B) Director 216 246 276

Senior HR Executive 60 72 84



Talent Management Manager 120 126 132

Talent Acquisition Director 168 209 250

Marketing

Role


Min Median Max




Role


Min Median Max





Senior Procurement Director 240 270 300





Sales

Role


Min Median Max


Inside Sales Executive 36 45 54

Sales Engineer 48 66 84


Project Sales Manager 156 174 192

Commercial Manager 180 225 269

Head of Business Operations 276 306 336


Regional Business Development Director 200 340 480

Technology

Role


Min Median Max

Application Consultant 72 96 120

Business Application Specialist 72 96 120


Support Analyst 48 63 78

IT Support Officer 48 63 78

IT Security Engineer 72 90 108

Senior IT Security Specialist 108 126 144

Systems Specialist 84 114 144

Systems Analyst 84 114 144

Network Manager 156 168 180

Senior Enterprise Resource Planning (ERP) Database Administrator

120 150 180



Pre-sales Engineer 75 100 125

Software Developer 80 130 180


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Documents

Maayia Salary enchmark - Michael Page · gave Malaysia perfect scores for both macro-economic stability and its credit gap. Specifically, Malaysia scored a healthy 10-year average