Indonesia Talent Market Report 2023 - Compressed

Indonesia Talent
2023
Market Report
MARKET OVERVIEW | HIRING TRENDS | SALARY GUIDE
Contents
03 Market Overview
05 Consumer Goods Sector
09 Health Sector
12 Industrial Sector
17 Energy & Logistics Sector
21 Professional Services Sector
25 Technology Sector
29 About Us
31 Our Services
33 Contact Us
Market
Overview
Consumer
Goods
INDONESIA TALENT MARKET OVERVIEW 2022-23
Sector
Health
Sector In 2022, the Indonesian economy recorded a solid
performance, registering a growth rate of 5.7% despite facing
challenging international conditions. The first half of 2022
started off with a stable economic outlook. However, the 48% 46%
Industrial stability and growth was affected in the second half of 2022
Sector
due to several external factors including; aggressive monetary
tightening in the United States, the RussiaUkraine conflict,
stagflation, and a potential recession in the West.
respondents had changed respondents are already actively
Energy & jobs in 2022 looking for their next role
Logistic Despite ongoing global economic challenges, the Indonesian
Sector
economy remain resilient with a positive outlook. Bank
Indonesia projects solid national economic growth in Indonesia
for 2023, within the range of 4.5-5.3%, with an acceleration to
Professional 4.7-5.5% in 2024. This growth is expected to be driven by private
44% 57%
Services
Sector
consumption, investment and positive export performance
amidst a backdrop of global economic moderation.
1
Retention remains a challenge in 2022

Technology While job losses in some sectors have led to greater talent
Sector
pools, employers are not only struggling to fill their open
positions, they are at risk of losing their existing workers if they respondents are open to respondents don’t feel satisfied
new opportunity with their current salary.
don’t act fast. Attrition rates are higher than normal as
dissatisfied workers are leaving in droves, some to work in non-
About
traditional roles, or worse still, joining their competitors.
Monroe Yet herein lies a golden opportunity for organisations to fine-tune
their employee value proposition (EVP) to stand out and snap up
In our 2022 global survey we conducted with Empresaria Group
the talent they so desperately need. By understanding what is
which polled over 3,000 employees from different generations
important to employees, messaging around benefits, company
working across multiple sectors globally, 823 of the Indonesian
Our culture and work environment, companies can entice candidates to
Services responses revealed that majority of them won’t hesitate to
join them and stay for the long term.
move jobs in 2023.
Contact Us
Indonesia Talent Market Report 2023 | 3

Market
Overview
INDONESIA TALENT MARKET OVERVIEW 2022-23

Consumer
Goods Key areas of growth in 2023
Sector Despite the layoffs in some sectors , the team at Monroe Indonesia In conclusion, despite some fluctuations in the technology sector,
introduced over 5000 candidates to companies across various 2023 present a promising outlook for Monroe Indonesia and the
sectors. More than 900 candidates in technical roles from different Indonesian economy. The company will continue to uphold its
level of seniority were introduced to the market, which indicates that commitment to providing clients and candidates with key insights
Health
the Monroe Indonesia covered a significant portion of the top-notch on the latest hiring trends in the Indonesian job market. We would
Sector
technical talent available in the market. like to express our gratitude for your support and partnership over
the years.
Some notable multiple hiring projects were successfully completed:
Industrial
Sector
Over 25% Over 50%
Energy & of placements were for Sales of placements were within the
Logistic and Marketing roles, indicating financial sector, in line with the
Sector
that many businesses are trend that many financial
expanding and more aggressive institutions are now striving
in the market. 1 towards digitalization.
Professional
Services
Sector
53 days 68 days
Technology
Sector On average, companies conduct 3 rounds of interview process,
secure candidate acceptance for the job within 53 days, and fill
the position in 68 days until the candidate onboard.
About
Monroe
Over 34%
of candidates in the final round had other opportunities offered by

other companies, indicating that the market competitiveness is still
Our
Services very high. This will drive the company to escalate and make the Tina Nugraheni
recruitment process more efficient in terms of timeline.
Managing Director
E: [email protected]
Contact Us

Market
Overview
BUSINESS SENTIMENT IMPROVES IN ASIAN CONSUMER

Consumer SECTOR AS SALES RETURN TO PRE-PANDEMIC LEVELS
Goods
Sector
"While Indonesia's consumer confidence index lay in positive territory, the current global
Health challenges are still being felt across different business industries means this number is
Sector
expected to fluctuate."
Industrial
Sector
Energy &
C hanges in how the market is divided have significantly contributed
to consumer spending, and this renewed optimism is also reflected in
Logistic
Sector
a slight increase in hiring activity.
Consumers' behaviour has changed in how they obtain products.

Consumers are eager to resume post-pandemic life and navigating
Professional
Services
the new online-offline experience, such as returning to school, work,
Sector and in-person events.
The convenience of online shopping remains a priority, but as

pandemic restrictions are lifted and inperson activities resume,
Technology
Sector
consumers are seeking immediate access to products resulting in an
increased traffic for the retail sector.
In order to seamlessly transcend between the online and offline
An agile omni-channel strategy enables a business to integrate online worlds, people are seeking out virtual shopping options, cross-
and offline channels, making it easy for people to access the brand at
About platform online entertainment, and digital payment methods.
Monroe any point in their consumer journey, whether online or offline.
Understanding the importance of this, Monroe has put together an
event consisting of experts on omni-channel business. Click this for the With economies reopening, consumers are demanding products they
full video. had little access to over the previous year. However, manufacturers
Our are facing key challenges such as supply chain issues and bottlenecks
Services
resulting in shortages in goods which feed off into inflation.
Contact Us

Market
Overview
TALENT AND HIRING TREND

Consumer
Goods
Sector Some of the trends we're experiencing in the staffing business with a consumer focus,
there are several key trends and highlights:
Health
Sector
The fast-moving Some alternative hiring The high demand for data
Consumer Goods solution is that businesses analytics, digitalization,
sector is still are hiring contractors to and digital transformation
Industrial
Sector cautious in terms accommodate reduced specialists is still rising,
of external hiring, headcounts on certain while the available talent is
most established levels/function. still lacking. The consumer
corporations that Surprisingly, the opposite sector is a steady business
for contracting is also better after post- with a streamlined organization model;
Energy & are considered large conglomerates
Logistic pandemic situations. However, most of the newcomers are expected to transition
Sector and multinational businesses would
position open is made for sole contributor seamlessly with little time to adjust. The
prefer to look for internal movements
employees. particular interest of the hiring managers is to
1 2
across their organisations.
have someone who can plug-and-play when
Professional joining their business.
3
Services
Sector
Businesses are craving In multinational

real insights and strategy corporations, the
Technology
Sector validation. While the recruitment
external hiring might be process for mid-
slowing down and heavy manager and
focus is put on internal above takes more
movements, we have time as decision
About
Monroe worked with numerous clients who has has to be supported by regional and
requested customized projects with focusing even global teams.
on crucial insights from specific talent pools.
Our
4 5
Services
Tiffany Adriani
Regional Division Head APAC - Consumer
Contact Us

Market
Overview
Consumer Goods Sector Salary Guide (1/2)

Consumer
Goods
Sector
YEAR OF EXPERIENCES SALARY

Health INDUSTRY FUNCTION
Sector
Lowest Highest Lowest Highest
Product and Development 4 13 13.000.000 23.800.000

E-Commerce
Digital Marketing 7 9 13.500.000 30.500.000
Industrial
Sector Sales and Business Development 22 26 80.000.000 120.000.000
Alcoholic Beverages
Sales and Business Development 8 24 32.000.000 68.700.000

Consumer Electronics
Energy & Executive 21 29 40.000.000 70.000.000
Logistic
Sector
Entertainment Legal and Compliance 4 16 12.020.282 49.915.061
Executive 13 32 49.771.901 260.000.000

Professional
Services Finance and Accounting 13 27 45.000.000 165.000.000
Sector
Project Management and Development 8 24 18.000.000 70.000.000
Fast Moving
Consumer Goods Safety 8 27 19.500.000 65.000.000
(FMCG)
Technology
Sector
Legal and Compliance 11 18 25.257.641 66.000.000
Logistics and Supply Chain 10 20 38.000.000 41.000.000
Business Analyst 12 15 43.000.000 50.000.000

About
Fashion Operation 15 25 45.000.000 60.000.000
Monroe
Our
Services
Contact Us

Market
Overview
Consumer Goods Sector Salary Guide (2/2)

Consumer
Goods
Sector

Health
Sector INDUSTRY FUNCTION

Hospitality
Industrial Human Resources 7 25 18.000.000 80.000.000
Sector
Logistics Finance and Accounting 2 12 16.000.000 51.000.000
Executive 11 24 25.000.000 79.138.581

Energy &
Logistic
Finance and Accounting 7 27 10.800.000 161.000.000
Sector
Manufacturing Marketing 6 20 40.175.473 101.494.576
Professional Operation 11 22 20.000.000 80.000.000

Services
Sector Logistics and Supply Chain 7 23 18.500.000 60.000.000
Marketing 8 15 21.000.000 65.000.000

Retail
Technology
Sector
Executive 6 29 58.000.000 105.000.000
Tobacco Finance and Accounting 4 19 15.000.000 80.000.000
About
Monroe
Our
Services
Contact Us

DIGITAL TRANSFORMATION KEY TO
Market
Overview
ACHIEVING HEALTHY INDONESIA

Consumer
Goods "Healthcare has become one of the most attractive industries in Indonesia. The strategy of
Sector
integrating digital technology into healthcare services drives the development of digital
health care, especially after COVID-19 happened."
Health
Sector
E specially after COVID-19, contact tracing,

vaccination, and even telemedicine are served
Industrial under the digital healthcare umbrella.
Sector
Indonesian government sets 9.4% of the state

budget towards healthcare. The government
Energy &
allocated a lower budget compared to 2021, as
Logistic the covid-19 situation is improving; however,
Sector
the regular healthcare budget increased by
22.9% compared to 2019 (pre-covid level).
Professional Government spending for the healthcare

Services
Sector budget booked solid growth of 8.6% CAGR from
2017–2022, which indicates that the demand
for healthcare services and products in
Indonesia keeps increasing, which will benefit
Technology hospital companies due to higher patient
Sector
volume.
For the pharmaceutical industry, higher

healthcare budget allocation would lead to
About
Monroe
higher demand for unbranded generic
products under the prescription Digital transformation is also an
pharmaceuticals division. The market
anticipates an increased requirement for
influential agenda to promote the
Our
hospital beds, medical devices, affordable and realisation of a Healthy Indonesia
Services low-cost medicines, and diagnostic services to through data and technology.
meet the growing demand.
Contact Us

Market
Overview

Consumer
Goods
Sector
In 2022, our health division experienced significant growth, reflecting the market appetite for improving
the industry. These are some trends and highlights of our partnerships throughout the year:
Health
Sector
In most smaller
With the recent Demand for Hospital healthcare businesses,
Industrial government's interest in Director roles is
Sector the hiring manager
integrating digitalization surging. Healthcare makes hiring decisions,
into the industry, cross- facilities, primarily mainly consisting of C-
collaboration between hospitals, look for Levels and owners.
Monroe Indonesia experienced leaders to
Energy & While for chain
Logistic health team and technology team has help grow the business while business or conglomerate corporations,
Sector
been frequent to ensure speedy delivery of maintaining excellent operations process can take longer –ranging from 3-
technical roles such as product, data, simultaneously. 4 interview stages.
developer, and engineers.
Professional
Services
Sector
1 2 3
Post-pandemic lab As the industry gets bigger, the demand for equal pay is also rising.
Technology
testing facilities are Companies are investigating how their business is compared with the
Sector
branching out to provide competitors and the overall market. In our recent survey with Empresaria
further medical testing, Group, more than 67% responded stated that they have received more
increasing demand for than 10% salary increase in 2022 and 60% are expecting their salary to
business developers. increase in 2023. To manage employee expectation, Monroe is currently
About
Monroe
engaging with several healthcare facility clients to help with salary
benchmarking based on a specific talent pool.
Our
4 5
Services
Tiffany Adriani
Regional Division Head APAC - Consumer
Contact Us

Market
Overview
Health Sector Salary Guide

Consumer
Goods
Sector

Health
Sector INDUSTRY FUNCTION
Operation 7 19 22.854.338 57.220.928
Industrial Logistics and Supply Chain 7 10 13.000.000 15.043.632

Sector
Customer Care and After Sales 8 16 16.000.000 31.997.119

Energy &
Logistic
Healthcare Marketing 5 20 6.360.000 73.800.000
Sector
Executive 10 24 68.000.000 287.655.250
Professional Digital Marketing 5 10 25.000.000 40.000.000

Services
Sector Project Management and Development 7 13 20.000.000 43.076.923
Human Resources 4 12 15.000.000 45.000.000

Technology
Sector
Executive 10 25 65.000.000 147.813.887

Pharmaceutical
Marketing 7 15 23.000.000 50.000.000

About
Monroe
Human Resources 7 16 18.000.000 45.627.663
Our
Services
Contact Us

Market
Overview
INDUSTRIAL SECTORS DRIVING INDONESIA'S ECONOMIC GROWTH:

Consumer
Goods
Sector
Insights into the Building Materials, Manufacturing, and Machinery
"The industrial sector is the sector that currently
Health
contributes the most to Indonesia's annual GDP growth. "
Sector
BUILDING MATERIAL
Industrial
Sector In 2022, the year-over-year change in building Indonesia's construction
materials and components for construction,
materials market is
excluding capital investment, labour, and
imports was 14.8%. The growth rate of increase anticipated to grow
Energy &
Logistic
is good, and prices keep getting higher. significantly over the coming
Relevant to Building Materials growth,
Sector
Indonesia’s construction sector is the fourth-
years, especially in 2023.
largest contributor to the economy for this
year. Driven by the current government’s
Professional
Services ambitious infrastructure plans, large-scale MACHINERY
Sector
infrastructure developments have become For the machinery industry, the value of the
the norm in the archipelago. heavy equipment market globally is predicted
to continue to grow. Market conditions show
MANUFACTURING high demand and make heavy equipment a
Technology
Sector For the Manufacturing sectors, the latest popular product due to rapid urbanization,
Prompt Manufacturing Index-Bank Indonesia industrialization, and the growing population.
(PMI-BI), reading remained strong and in an The construction of smart city trend buildings,
expansionary phase (>50%) in the third skylights, bridges, highways, railways, and
About quarter of 2022 at 53.71%, up from 53.61% in the mining boosted the growth of the heavy
Monroe previous period. The increase was supported equipment industry. The production capacity of
by all components, particularly production heavy equipment in Indonesia this year
volume, inventory, and labour. Manufacturing increased by 40% compared to the previous
Industry gains to persist in the fourth quarter year’s capacity, namely from 6,000 units to
Our of 2022 and remains in the expansionary 10,000 units. The number of requests per June
Services
territory despite retreating to 53.18%. 2022 was recorded as reaching 25,000 units.
Contact Us

Market
Overview

Consumer
Goods
Sector For 2022, the demand for hiring increased 2x times the previous year, showing the market is
significantly growing.
Health
Sector
This year, most of the The building materials sector contributed 21% of
Industrial hiring focuses in the Monroe Indonesia’s total hiring, the second is the
Sector
sales and operation heavy equipment sector with 16% and lastly
roles. Operation roles manufacturing sector with 13%.
contributed 42% of
Monroe Indonesia’s total
Energy &
Logistic hiring. Operations are
2
Sector the business function for
managing the business process as it is the
central core function of every company. The
second one is the sales role which contributed
Professional
Services 24% of Monroe Indonesia’s total hiring. Sales
Sector
roles play a pivotal role in the success of the We arranged two stages interview process on
business, as sales have the important function average, which means clients are spending 1-2
to open a new business and retain the existing months of the hiring process. One of the key reason
one. Some of this hiring came from new why the hiring process takes longer is due to the
Technology
Sector
multinational companies and existing local candidate short market. Hiring managers demand a
companies as well. diverse pool of candidates to review and select
however shortage of talent remains an issue.
About
Monroe 1 3
Our
Services
Alfin Gustian Akbar
Division Head - Industrial
Contact Us

Market
Overview
Industrial Sector Salary Guide (1/3)

Consumer
Goods YEAR OF EXPERIENCES SALARY
Sector
INDUSTRY FUNCTION
Executive 20 27 53.000.000 102.000.000

Health
Sector Automotive Sales and Business Development 12 23 25.000.000 166.809.168
Operation 12 22 32.500.000 63.000.000
Industrial Product and Development 8 20 18.000.000 31.997.178

Sector
Technical Role - Developer 5 10 10.500.000 18.000.000
Building Materials Project Management and Development 7 15 14.000.000 44.000.000

Energy &
Logistic Human Resources 16 22 29.271.094 44.000.000
Sector
Engineering Manufacturing 5 20 7.000.000 100.000.000
Professional Finance and Accounting 6 8 18.000.000 37.000.000

Services
Sector Marketing 15 17 38.130.894 54.298.581
Construction
Human Resources 9 26 18.000.000 77.000.000

Technology
Sector
Engineering Sales and Business Development 28 28 45.000.000 45.000.000

About
Monroe
Human Resources 11 20 17.500.000 51.700.000
Executive 20 27 49.915.061 98.000.000
Our
Services
Contact Us

Market
Overview

Consumer
Goods YEAR OF EXPERIENCES SALARY
Sector
INDUSTRY FUNCTION

Health
Sector Finance and Accounting 9 23 17.300.000 38.000.000
Industrial
Operation 17 17 30.000.000 41.000.000
Industrial Sales and Business Development 8 26 6.000.000 52.852.000

Sector
Machinery Logistics and Supply Chain 7 24 6.300.000 45.000.000

Energy &
Logistic
Marketing 6 10 13.000.000 24.055.983
Sector
Operation 10 18 16.846.098 37.449.389
Human Resources 8 25 8.000.000 38.000.000
Professional Sales and Business Development 3 25 11.000.000. 127.357.407

Services
Sector Executive 19 27 40.000.000 100.000.000
Human Resources 5 25 10.000.000 82.200.000

Technology
Sector
Manufacturing Customer Service and After Sales 24 24 35.000.000 35.000.000
Operation 6 29 15.000.000 81.367.300

About
Monroe
IT Services 12 30 25.545.010 55.000.000
Marketing 9 15 16.000.000 32.000.000

Our Product and Development 5 23 9.070.944 30.000.000
Services
Engineering Manufacturing 16 17 25.000.000 29.500.000
Contact Us

Market
Overview

Consumer
Goods
Sector

INDUSTRY FUNCTION
Health
Sector
Customer Service and After Sales 8 12 9.000.000 16.500.000

Industrial
Sector
Human Resources 10 15 21.000.000 36.100.000
Property
Executive 13 26 69.000.000 85.000.000
Energy & Engineering Manufacturing 11 11 14.000.000 14.000.000

Logistic
Sector Project Management and Development 9 21 30.000.000 69.000.000
Safety Operation 14 30 22.293.000 140.000.000
Professional
Services
Sector
Technology
Sector
About
Monroe
Our
Services
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Market
Overview
GROWTH OPPORTUNITIES IN INDONESIA'S

Consumer
Goods
ENERGY AND LOGISTICS SECTORS
Sector
"One of the highest demands in the energy sector is mining, with most of our clients in
Health
coal mining (up to 70% of the total client) and the rest from nickel and minerals."
Sector
E nergy is crucial to Indonesia’s economy, and

PLANTATION
We work with both local conglomerate and
-up to 2030 to come from new and renewable
energy (NRE), bringing the total share of NRE in
Industrial sustainable and equitable development of the multinational companies, especially in palm the energy mix to 24.8% by 2030 (2022
Sector
sector is key to the country's growth. Indonesia oil commodities. Big projects that we support International Institute for Sustainable
is rich in commodity resources, particularly so far are refinery and oleochemical projects Development).
coal, natural gas, metals, and other mining in Sumatera, Kalimantan, and Dumai with
Energy & and agricultural products. diverse roles from Factory Manager, Plant & FREIGHT FORWARDING AND LOGISTICS
Logistic
Sector MINING Maintenance Head, and Accounting, up to The logistics sector, which includes
One of the highest demands in the energy General Manager. In the long-run, palm oil- transportation, warehousing, and distribution
sector is mining, with most of our clients in based and biodiesel will be one of the highest (including courier services), contributed 676
coal mining (up to 70% of Monroe Indonesia demands in the market. Indonesia's National trillion rupiahs to Indonesia's GDP in 2021 –
Professional
Services client) and the rest comes from nickel and Energy Policy aims to change the energy mix 2022. The expansion of the logistics sector has
Sector
minerals. The mining sector is becoming one by prioritizing new and renewable energy been attributed to increased national
of the potential sectors of Indonesia, sources. The policy targets new and consumption and the development of
alongside the increase of the commodity renewable energy sources to contribute infrastructure across the country. Throughout
prices from the mining industry. Our project around 23% of the total primary energy mix in 2021 – 2022, the transportation sector alone
Technology
Sector cover multiple locations of mining sites from 2025. By 2021 - 2022, the share of Renewable contributed IDR 548.8 trillion (USD 36 Billion)
Sumatera, Kalimantan up to the East Energy has reached 11.7% of the total energy to the national GDP. We work with both local
Indonesia area in Sulawesi, with the majority, mix, and biodiesel contributes around 35%. and multinational clients in logistics focusing
up to 60%, roles are filled by technical and on three big cities: Jakarta, Surabaya, and
About operational roles on the mining site. POWER AND RENEWABLE ENERGY Medan based, with multiple projects in
Monroe Indonesia’s state electricity company Contract Logistics, Product Cold Chain
OIL & GAS AND NATURAL GAS Perusahaan Listrik Negara (PLN) released the Logistics, Inland Transport, and Air & Sea
We work on several projects both upstream National Electricity Supply Business Plan Freight. Up to 40% of the roles that we fill in
and downstream (refinery oil) both in Java up (RUPTL) 2021–2030, which includes a low- logistics mostly come from operational and
Our to Indonesia East area projects based. Almost carbon scenario were 51.6% of the planned technical roles, followed up by 30% in
Services
the requirement that we work on are in the 40.6 GW of additional generation capacity commercial roles.
engineering role and up to Project Manager
positions both permanent or contract-based.
Contact Us

Market
Overview

Consumer
Goods
Sector
Health
Overall, Energy and Logistics market in Indonesia will keep expanding and growing as the trend and demand in the market are still positive way
Sector based on the government project and priority business. Monroe Indonesia supported more than 200+ projects in Energy and Logistics in 2022, with
the total job profile candidates up to 1,200 seniors' profiles coming from the operation and technical (up to 40%), commercial (30%), and the rest
from finance, HR, and legal roles. Based on our project timeline, usually, it takes 1-2 months to fill the role from the client side, up to three months for
the senior or executive levels (followed by the 2-3 stages of interview). Increment salary for the middle positions in between 15% - 25% while for the
Industrial senior or executive level between 10% - 20% on a yearly basis.
Sector
Sidiq Fanani
Energy & Associate Director - Energy & Logistics
Logistic
Sector E: [email protected]
Professional
Services
Sector
Technology
Sector
About
Monroe
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Services
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Market
Overview
Energy Sector Salary Guide (1/2)

Consumer
Goods
Sector YEAR OF EXPERIENCES SALARY
INDUSTRY FUNCTION
Health Executive 20 30 85.000.000 150.000000

Sector

Agriculture
Marketing 5 20 15.000.000 75.000.000
Industrial
Sector Logistics and Supply Chain 8 25 15.000.000 85.000.000
Human Resources 5 25 15.000.000 75.000.000
Energy & Electric Vehicle Sales and Business Development 8 25 20.000.000 100.000.000
Logistic
Sector Operation 8 25 15.000.000 95.000.000
Marketing 5 20 10.000.000 75.000.000

Professional
Services Energy Engineering Manufacturing 8 25 15.000.000 80.000.000
Sector
Human Resources 8 20 15.000.000 75.000.000
Operation 8 20 15.000.000 80.000.000
Executive 20 30 85.000.000 150.000.000

Technology
Sector Forestry Human Resources 8 20 18.000.000 70.000.000
About Engineering-Information Technology 5 20 10.000.000 90.000.000

Monroe Logistics
Our
Services
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Market
Overview
Energy Sector Salary Guide (2/2)

Consumer
Goods
Sector YEAR OF EXPERIENCES SALARY
INDUSTRY FUNCTION
Health Sales and Business Development 10 25 35.000.000 120.000.000

Sector
Human Resources 8 20 15.000.000 95.000.000
Executive 20 30 85.000.000 150.000.000

Industrial Mining
Sector Product and Development 8 20 15.000.000 85.000.000
Operation 10 20 35.000.000 85.000.000
Energy & Project Management and Development 10 25 35.000.000 100.000.000

Logistic
Sector Human Resources 10 20 30.000.000 95.000.000
Oil & Gas Sales and Business Development 10 20 35.000.000 95.000.000
Operation 10 20 35.000.000 100.000.000

Professional
Services Finance and Accounting 10 20 25.000.000 85.000.000
Sector
Executive 20 30 95.000.000 150.000.000
Palm Oil Human Resources 8 20 18.000.000 75.000.000
Operation 15 25 30.000.000 95.000.000

Technology
Shipping Operation 10 20 35.000.000 95.000.000
About Sales and Business Development 8 20 18.000.000 85.000.000

Monroe
Our
Services
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Market
Overview
Technology Adoption in Indonesia's Banking and Financial Sector:

A Focus on Digital Talent and Infrastructure Strengthening
Consumer
Goods
Sector
"The pandemic has led to a shift in focus within the Banking and Finance sector's hiring
Health
towards digital talents, with an emphasis on strengthening security and infrastructure."
Sector
Industrial
Sector
R apid adoption of technology has
been the main theme these past few TALENT AND HIRING TREND
years in Indonesia’s Banking and
Financial sector. The acceleration of Talent mapping services has been on the rise for new
change has resulted to an entirely new emerging technology roles, such as blockchain and AI,
Energy &
Technology portfolios of products and services in as companies are preparing to improve their digital
Logistic
Sector
Sector fields such as mobile banking, online product. Adoption of cloud to achieve efficient operation,
investment, and digital payments. increase the needs for digital infrastructure talents in
Security breach, data leaks, and within its development, security, and governance.
infrastructure discrepancies was some Despite the recession possibility in 2023, the hiring
Professional
Services of the major events in 2022 driven by demand remains high for the professional services
Sector
the rapid adoption of digital products sector. With the average of 3 technical interviews and 1
in the market. With the increasing technical test, the process could take up to 8 to 12 weeks
amount of data received by the before a hiring decision is made. Talent shortage
companies, the needs to have data remains the biggest challenge in Indonesia. The demand
Technology
Sector analytics remains in high. for technology talent in Banking and Financial Services
Industries in 2023 projected to remain high despite the
unprecedented time ahead.
About
This drives the demand With the massive layoff happening in the technology
Monroe
from company to attract sector, the hiring strategy has shifted from growth at any
cost to a more cautious and calculated steady growth.
candidate with IT security, The rapid establishment of digital banks will stimulate
data protection and IT the demand for technology talents further in 2023 and
infrastructure capabilities. beyond.
Our
Services
Zakaria Putra Wijayanto

Deputy Managing Director
Contact Us

Market
Overview
Professional Sector Salary Guide (1/3)

Consumer
Goods
Sector
INDUSTRY FUNCTION
Health
Holding Corporation
Tax Audit 9 15 26.000.000 101.056234
Engineering- Information Technology 3 21 8.523.176 137.585.647

Sector
Executive 6 22 20.451.047 137.585.647

Banking
Energy &
Logistic Technical Role- Developer 5 25 18.000.000 105.000.000
Sector
Human Resources 7 7 25.000.000 25.000.000
IT Services 9 19 20.000.000 130.000.000
Professional Sales and Business Development 7 17 31.000.000 52.837.407

Services
Sector Customer Services and After Sales 8 27 20.000.000 47.500.000
Business Services
Human Resources 12 12 18.000.000 18.000.000
Marketing 13 18 20.000.000 47.500.000
Technology Operation 13 21 21.000.000 52.837.407

Sector

About
Monroe Consulting Human Resources 7 26 24.055.983 365.004.500
IT Services 13 26 37.000.000 322.368.800
Consultant 3 33 10.000.000 144.891.515
Our Executive 10 16 92.000.000 186.000.000

Services
Contact Us

Market
Overview

Consumer
Goods
Sector
INDUSTRY FUNCTION
Health
Technical Role- Developer 5 19 8.961.390 61.604.474
Operation 4 22 17.000.000 100.000.000
Industrial Data 5 19 8.523.176 95.942.127

Sector

Energy & Financial Services
Logistic Executive 12 25 78.500.000 122.000.000
Sector
Professional Marketing 14 14 68.910.341 68.910.341

Services
Insurance 13 13 82.500.000 82.500.000
IT Services 2 26 7.975.408 189.610.956
Technology Marketing 4 22 19.249.389 177.018.615

Sector
Executive 6 23 22.854.338 61.538.462
Financial Technology Finance and Accounting 3 15 12.340.000 132.763.962

About
(Fintech)
Monroe Product and Development 9 26 22.854.338 33.000.000
Human Resources 3 25 8.500.000 120.000.000
Our Engineering- Information Technology 4 29 11.000.000 83.522.101

Services
Gaming Marketing 6 21 40.000.000 50.000.000
Human Resources Consultant 8 14 10.000.000 53.000.000
Contact Us

Market
Overview

Consumer
Goods
Sector
INDUSTRY FUNCTION
Health
Sector IT Consulting Sales and Business Development 8 17 25.000.000 50.000.000
Industrial Human Resources 10 10 41.538.526 41.538.526

Sector
IT Software Project Management and Development 9 21 18.000.000 25.257.641
Executive 10 17 24.000.000 49.915.061

Energy &
Logistic Engineering- Information Technology 8 9 26.544.988 79.138.581
Sector
Insurance
Professional Business Analyst 3 23 10.799.402 46.992.688

Services Investment
Sector Marketing 3 21 7.000.000 67.449.168
Legal Engineering- Information Technology 20 27 55.000.000 80.627.378
Manufacturing Sales and Business Development 11 12 41.000.000 60.000.000
Technology Tax Audit 3 3 9.618.793 9.618.793

Sector
Property
Human Resources 18 18 90.000.000 90.000.000

About
Monroe Shipping Tax Audit 5 11 13.000.000 45.000.000
Technology Solutions Technical Role- Developer 7 22 15.000.000 225.256.234
Our Executive 13 15 57.220.953 128.312.715

Services
Transportation IT Services 6 20 24.055.983 93.750.367
Contact Us

INDONESIA'S TECH INDUSTRY GROWS AS
Market
Overview
COMPANIES PREPARE FOR IPOS

Consumer
Goods "Indonesia’s technology sector has faced several phases for the past couple of years.
Sector
The trend itself is changing rapidly and the technology market has been fascinating,
especially for this year."
Health
Sector

2022 started with many Technology
Giant companies successfully
Industrial
Sector launching their IPO in the Indonesia
Stock Exchange. As a result this injected With an average three stages interview We remain hopeful that Indonesia tech
hope and spirit for small tech start up process, most tech companies take industry will be resilient despite its
companies to try their luck in the around three weeks to one month to challenges. With massive layoff in the
Energy & Indonesian market. finally make their hiring decision. One tech sector making waves across the
Logistic
Sector of the challenges that they faced is the globe, the hiring appetite in Indonesia
With the surge in appetite for growth, difficulties in assessing a candidate's tech sector has now shifted to a more
this has resulted to an increase in tech skill. Therefore, companies should business-centred and strategic
demand for good quality in the market. give a clear and constructive feedback positions such as Head of Business
Professional
Services
In order to scale quickly, tech after a technical test or interview so Strategy, Business Intelligence, Data
Sector companies continue to mass hire recruiters can understand thoroughly and Product Researcher. This indicate
throughout the year resulting to a war the benchmark of the candidates that that the market has the potential to
on talent as competitive salary and the will match their requirements. recover and demand will grow.
benefits increased. The majority of
Technology
Sector
demand comes from Developer and The growth-focused market takes a U-
Product roles. turn into a profit-focused situation in
the middle of 2022. We are seeing
Around 40% of candidates that Monroe companies making a more calculative
About
Indonesia placed are IT Engineers as move with their hiring decision, but our
Monroe companies need to attract the market data shows that despite the turbulent
and investors for IPO which means, state of the tech sector there is an
they are in a hurry to launch, re-launch increase in hiring coming from
or even build a product from scratch. emerging tech, fin-tech, software, and
Our telecommunication sectors.
Services
Herwinda Nurmala Dewi
Division Head - Technology
Contact Us

Market
Overview
Technology Sector Salary Guide (1/3)

Consumer
Goods
Sector
INDUSTRY FUNCTION
Health
Sector Data 6 14 20.000.000 60.000.000
Software Developer 5 27 25.000.000 115.000.000

Banking
Operations 5 10 12.000.000 35.000.000
Industrial Mobile Developer 3 21 9.500.000 120.000.000

Sector
Cloud Executive 15 20 85.000.000 145.000.000
Executive 15 20 90.000.000 150.000.000

Energy &
Logistic Data 8 20 30.000.000 90.000.000
Sector Digital
Human Resources 7 21 17.000.000 80.000.000
Marketing 7 11 15.000.000 70.000.000
Professional IT Services 3 5 10.000.000 30.000.000

Services
E-Commerce Product and Development 8 21 25.000.000 100.000.000
Engineering - Information Technology 5 20 25.000.000 150.000.000
Technology Data 5 15 25.000.000 80.000.000

Sector
Financial Technology
(Fintech)
About
Monroe Digital Marketing 5 12 15.000.000 45.000.000

Healthcare
Our IT Consulting Sales and Business Development 10 17 20.500.000 58.000.000

Services
Contact Us

Market
Overview

Consumer
Goods
Sector
INDUSTRY FUNCTION
Health
Customer Services and After Sales 9 20 22.500.000 130.000.000

Sector
Data 9 22 20.000.000 80.000.000
IT Software Engineering - Information Technology 5 20 14.000.000 150.000.000
Technical Roles - Developer 7 19 25.000.000 56.000.000

Energy &
Logistic Business Analyst 5 13 23.000.000 57.000.000
Sector
IT Services 6 27 10.000.000 210.000.000
Professional Data 10 22 25.000.000 75.000.000

Services

Emerging Technology
Operations 5 11 12.000.000 45.000.000
Technology Marketing 5 10 13.500.000 35.000.000

Sector
About
Monroe
Our
Services
Contact Us

Market
Overview

Consumer
Goods
Sector
INDUSTRY FUNCTION
Health
Sector Operations 4 15 8.000.000 50.000.000
Industrial Engineering - Information Technology 5 15 20.000.000 90.000.000

Sector
Customer Services and After Sales 4 10 10.000.000 35.000.000
Human Resources 5 16 15.000.000 85.000.000
Marketing 8 18 25.000.000 90.000.000

Energy & Technology Solutions
Logistic Finance and Accounting 11 22 25.000.000 65.000.000
Sector
Professional Product and Development 6 27 20.000.000 137.500.000

Services
Sector Executive 15 19 85.000.000 115.000.000
Data 4 15 15.000.000 75.000.000
Technical Roles - Developer 7 9 25.000.000 50.000.000
Technology Executive 15 25 70.000.000 120.000.000

Sector
Telecommunication Sales and Business Development 6 15 20.000.000 75.000.000
Public Relations 7 12 25.000.000 60.000.000
About
Monroe
Our
Services
Contact Us

Market
Overview
About Monroe Consulting Group

Consumer Monroe Consulting Group is an international award-winning executive recruitment
Goods
Sector
company that delivers the highest standards of professionalism to multinational and
national companies in emerging economies around APAC. The Group opened its first office
in Asia in 2002 and expanded rapidly. It now operates a network of branches throughout
Asia, with a team of professional consultants who are expert at recruiting in developing
Health markets.
Sector
Relationships and people are the foundation of our business. We never lose sight of how
important it is to find the perfect match of talent for our clients and helping our candidates
land their dream jobs. We strive to exceed the expectations of our clients and candidates by
Industrial
Sector
offering the most professional, ethical and knowledgeable recruitment service in the market.
We specialize in providing end-to-end recruitment services for middle- to senior-level

executives within defined sectors. Our teams are specialised to ensure that your hiring
Energy & requirements or job search will be handled by experts who know and understand your
Logistic sector. We use industry leading technology to enable our search, screen and selection
Sector
processes to match the best talent with the right roles. With a proven track record of
success in dynamic and challenging environments, Monroe Consulting Group has become
a committed advocate to an increasing number of respected multinational and national
Professional corporations operating in emerging markets in APAC today.
Services
Sector
Monroe's local knowledge and its global network mean that wherever its clients operate,
Monroe can provide a selection of recruitment services that can be tailored to the specific
requirements of its customer in a range of contexts.
Technology
Sector
Our Local Office: International Offices:

About
Monroe
Indonesia
South Quarter Building Tower C, Level 10, China
Jl. RA Kartini Kav. 8, RT 010 RW 004, Cilandak, Jakarta Malaysia
Our
Services
Selatan, DKI Jakarta 12430 Philippines
T: +62 21 5098 2629
Thailand
E: [email protected] Vietnam
Contact Us

Market
Overview
Part of The Empresaria Family

Consumer
Goods Monroe Consulting Group is part of the Empresaria Family, operating within the
Sector
Professional Services sector.
Empresaria Group plc is a global specialist staffing group operating in 20 countries across
Health
6 diversified sectors. As a group, we are focused on continuing to impact the lives of
Sector individuals around the globe, all while providing an exceptional service to clients and
candidates alike.
For all of the Empresaria brands, the global network of experts opens up a variety of
Industrial opportunities. Our innovative internal communication community connects the whole
Sector
group globally and allows us to be truly ‘stronger together’. Through group wide initiatives,
such as training and leadership programmes, relationships are built between individuals
from many different brands which allows us to service our clients across a diverse industry
range and geography.
Energy &
Logistic
Sector
The personal development of our employees benefits hugely from the perspective and
expertise of other within the group. Being part of Empresaria not only provides our
employees with the input and inspiration of industry leaders and experts, but also access
Professional to the very best and latest technology and software, enabling a competitive advantage in
Services
Sector
the industry. The benefits to our clients are that they receive the local knowledge of our
expert consultants, while maximising on the global presence and technology investments
of the group.
Technology
Sector
About
Monroe
Our
Services
Contact Us

Market
Overview
What can we do for you?

Consumer Monroe Consulting Group is a full-service talent provider agency that offers a range of
Goods
Sector recruitment services to meet the specific needs of employers in Asia. Our strength is
providing workforce solutions within talent short emerging recruitment markets, and using
industry-leading technology to enable our search, screen, and selection processes to match
the best talent with the right roles.
Health
Sector
By defining our divisions by industry, Monroe facilitates the growth of essential business
contacts and professional networks that open up the necessary channels to identify the
highest performing professionals in the market, which has made us the preferred
recruitment partner by many of the leading companies in the world.
Industrial
Sector
We work with clients to make sure that we can tailor our services to best fit with their
business needs. We make sure to provide the highest quality of service that meets the
expectation of our client’s budget and provide the best candidate experience for those who
Energy & are looking to secure their new roles.
Logistic
Sector
Our recruitment services include

Professional
Services Executive Search
Sector Executive Search is a specialised recruitment service that recruits for highly
qualified candidates at executive and senior levels across a variety of sectors. An
executive search provider also seeks out highly skilled roles, typically for those that
are very competitive in the job market. Acting as an extension to the company’s
Technology HR/Recruiting function, providing a holistic hiring solution. As a leading executive
Sector
search company, we are able to provide you with talent that delivers business
results. We work with you to transform your organisation’s approach to searching
for talent.
About
Monroe
Recruitment Process Outsourcing (RPO)
Recruitment Process Outsourcing (RPO) is the complete or partial outsourcing of
permanent recruitment activities to a staffing company. RPO is more than filling
open jobs; it’s about partnering with companies to help improve their internal
Our
Services recruiting process. Our RPO service is the ideal solution for companies with a
temporary increased hiring demand. Monroe creates a custom, flexible solution
that suits the recruitment needs of your company while also giving strategic
advice to provide an in-depth industry knowledge base.
Contact Us

Market
Overview
Outplacement
Monroe’s professional outplacement and career transition service is designed for
those companies that find themselves in the position of having to reduce the size
of their workforce through redundancies. Monroe Consulting Group’s
Consumer outplacement services offer comprehensive counselling in which our consultants
Goods will help transition employees to the job market in a manner that will help them to
Sector
secure a new position. Our outplacement team offers a wide selection of services
that can be combined to deliver the right outplacement experience for each
company and their employees.
Health
Sector
Talent Mapping
Talent Mapping is the analysis of capabilities, experiences and potential of current
Industrial employees to identify any talent gaps and developmental needs that are required
Sector in order for your company to progress and succeed with your growth strategy.
Monroe’s Talent Mapping service is a custom-made recruitment solution for
companies who want to gather market information or to manage their risk for
critical positions in the company.
Energy &
Logistic
Sector
Payroll
Professional Managing payroll requires a specific time investment and knowledge of local
Services
Sector
regulations and labour law, which can be quite troublesome if you don’t have the
resources at hand to deal with this in-house. Monroe Consulting Group’s Payroll
Service is designed to help companies ensure that their employees and taxes are
always paid in a timely manner. The payroll service we provide prioritises legal
obligations, allowing businesses to focus on their core business responsibilities.
Technology
Sector
About
Contracting
Monroe Monroe Consulting Group provides a variety of services designed to meet the
specific needs of whom we work with. The contracting services we provide supply
your company with highly trained talent that will meet all of your specific needs
from past experience and work flexibility to personal characteristics and culture fit.
By using our contracting service, your business will acquire qualified talent for your
Our
Services current assignments and will be able to quickly scale up or down as necessary.
Contact Us

Market
Overview
Always here to help you...

Consumer
Goods
Sector
Our expert teams are always on hand

to help. If you would like to learn more
about how we can help you find and
Health
Sector
secure top talent or if you are seeking
your next opportunity, don’t hesitate to
contact us.
Check out our latest roles, register for

Industrial
Sector job alerts and upload your CV. Keep up
to date with the industry latest, and
see our advice and tips for hiring and
job seeking.
Energy &
Logistic
Sector
Professional
Services
Visit us at monroeconsulting.com
Sector
Technology
Sector
Stay in touch with us:
Indonesia
About
Monroe South Quarter Building Tower C, Level 10,
Jl. RA Kartini Kav. 8, RT 010 RW 004, Cilandak,
Jakarta Selatan, DKI Jakarta 12430
Our
Services T: +62 21 5098 2629
Contact Us

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Indonesia Talent

05 Consumer Goods Sector

17 Energy & Logistics Sector

21 Professional Services Sector

Retention remains a challenge in 2022

Indonesia Talent Market Report 2023 | 3

INDONESIA TALENT MARKET OVERVIEW 2022-23

of candidates in the final round had other opportunities offered by

Indonesia Talent Market Report 2023 | 4

BUSINESS SENTIMENT IMPROVES IN ASIAN CONSUMER

Consumers' behaviour has changed in how they obtain products.

The convenience of online shopping remains a priority, but as

Indonesia Talent Market Report 2023 | 5

TALENT AND HIRING TREND

Businesses are craving In multinational

Indonesia Talent Market Report 2023 | 6

Consumer Goods Sector Salary Guide (1/2)

YEAR OF EXPERIENCES SALARY

Product and Development 4 13 13.000.000 23.800.000

Sales and Business Development 8 24 32.000.000 68.700.000

Product and Development 3 28 7.000.000 90.000.000

Executive 13 32 49.771.901 260.000.000

Logistics and Supply Chain 10 20 38.000.000 41.000.000

Business Analyst 12 15 43.000.000 50.000.000

Indonesia Talent Market Report 2023 | 7

Consumer Goods Sector Salary Guide (2/2)

YEAR OF EXPERIENCES SALARY

Product and Development 11 18 21.652.692 24.600.000

Product and Development 8 23 44.264.610 90.827.994

Executive 11 24 25.000.000 79.138.581

Legal and Compliance 5 9 17.500.000 36.000.000

Professional Operation 11 22 20.000.000 80.000.000

Sales and Business Development 9 21 22.000.000 122.973.887

Marketing 8 15 21.000.000 65.000.000

Executive 6 29 58.000.000 105.000.000

Tobacco Finance and Accounting 4 19 15.000.000 80.000.000

Indonesia Talent Market Report 2023 | 8

ACHIEVING HEALTHY INDONESIA

E specially after COVID-19, contact tracing,

Indonesian government sets 9.4% of the state

Professional Government spending for the healthcare

For the pharmaceutical industry, higher

Indonesia Talent Market Report 2023 | 9

TALENT AND HIRING TREND

Indonesia Talent Market Report 2023 | 10

Health Sector Salary Guide

YEAR OF EXPERIENCES SALARY

Operation 7 19 22.854.338 57.220.928

Industrial Logistics and Supply Chain 7 10 13.000.000 15.043.632

Sales and Business Development 5 10 30.000.000 55.000.000

Finance and Accounting 4 16 16.846.098 43.000.000

Product and Development 3 18 16.100.000 40.000.000

Professional Digital Marketing 5 10 25.000.000 40.000.000

Human Resources 4 12 15.000.000 45.000.000

Sales and Business Development 6 15 16.000.000 45.000.000

Digital Marketing 6 10 22.000.000 40.000.000

Product and Development 5 10 18.000.000 43.000.000

Indonesia Talent Market Report 2023 | 11

INDUSTRIAL SECTORS DRIVING INDONESIA'S ECONOMIC GROWTH: