JAKARTA, INDONESIA - Media
OutReach - 13 March 2019 - Global professional recruitment consultancy released its Michael Page Indonesia Salary Benchmark 2019 citing keen interest from companies
to hire returning Indonesians to solve the country's candidate-short situation.
The additional drive from companies to develop and
retain Indonesian talent has created more competition in the tight candidate
pool.
Olly Riches,
President Director at Michael Page Indonesia comments, "Both local conglomerates and
multinationals in Indonesia are in competition to secure returning Indonesians
as part of their hiring strategies in 2019. These professionals have the unique
combination of updated industry skills, bilingual skills and a global mindset
which employers believe will progress their business in Indonesia to the next
level."
In the past 12 months, 3 out of 5 professionals
recruited by Michael Page were overseas Indonesians or already back in
Indonesia with previous international experience.
90% of professionals hired into middle or board level management positions were
Indonesian passport holders.
"The pressure to localise succession
planning has created more demand on Indonesia's shallow talent pool. In
our communications through outreach program Membangun
Negeri, overseas Indonesians often express interest in
returning home, citing family reasons and the exciting progress in Indonesia
right now as their key motivations," explained Olly Riches.
A majority of
these returnees were skilled in the areas of engineering, manufacturing,
marketing, finance, accounting and technology. They moved back home largely
from living and working in Singapore (18%), Australia (14%) and the US (9%).
Indonesia's current
demand for niche skills is in growing industries including Ecommerce, mobile
applications, digital transformation and artificial intelligence. Olly Riches observes, "These new
sectors are expanding rapidly in Indonesia, which increases the demand on fresh
human capital. Hiring managers are committed to securing talent with the skills
and aptitude to fulfil their requirements. Retaining returnee talent is equally
crucial as many receive multiple offers. They often seek companies who stay
ahead of industry standards to ensure a constant learning curve for themselves."
Editor's Notes: Data for the report is derived from our proprietary database capturing
job advertisements and placements mainly through 2018 and other PageGroup
studies. Information is then validated against insights from our leaders' and
consultants' interactions with clients and candidates.
For more
information and media interviews with our bilingual spokespeople, please
contact Germaine Lim germainelim@michaelpage.com.sg or +65 9710 1760.
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