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1、The Ultimate Salary Guide:4 sources of salary data.1 salary guide.2024Salary GuideThis years Salary Guide is no ordinary salary guideBased on feedback from our clients,this year weve revamped our Salary Guide by including 4 sources of salary data to help our clients and candidates access accurate ma

2、rket salaries without having to check multiple salary sources.We hope the new format of our Ultimate Salary Guide makes your life easier and wed love to hear your feedback on the new format!In 2023 the job markets in the Asia Pacific region experienced a slowdown relative to the red-hot markets in 2

3、022,primarily attributed to economic uncertainty.The slowdown was particularly pronounced in Mainland China which had until 2023 been the powerhouse of Asias economic growth and so usually a very candidate favourable market.However,geopolitical tension and reduced foreign direct investment into Chin

4、a has resulted in significantly less job opportunities in 2023.In comparison to the Mainland,Hong Kong experienced a slower year on year job market in 2023 but was not impacted to the same extent as Mainland China.Even after relaxing visa requirements to attract foreign talent,Hong Kong continued to

5、 boast low unemployment rates and the return of tourists and increased travel activities has injected vitality into the regions economy,providing optimism for sustained economic growth and job market stability.In Southeast Asia and especially Singapore,the job markets remained buoyant in 2023 but di

6、dnt manage to reach the insatiable demand observed in 2022.The economic activity in these areas reflected a tempered but still positive outlook as increased investment continues to be made in the region as business move their investment away from China to de-risk supply chains.These countries are po

7、ised to remain pivotal for investment and subsequent job creation in the Asia Pacific region.Looking to 2024 we expect the job market in Mainland China to continue at a slow recovery unless Beijing introduces substantial economic stimulus measures or in the unlikely event of an improvement in politi

8、cal tensions with the United States following the US election!Employers should enjoy these more employer-friendly job markets while they last and take advantage of what we expect will be a relatively short window for picking up key talent before the return of the usual candidate driven APAC job mark

9、et.Our 2024 Salary Guide provides insights into the state of the present job market,predictions on what to watch out for and salary ranges in the coming year.Job functions we will analyse include:Banking,Finance&Accounting Information Technology Life Science&Healthcare Construction,Property&Engineer

10、ing Sales&Marketing Human Resources,Administration&Business Support Supply Chain,Sourcing&Manufacturing Temporary&ContractingWe hope that our new 2024 Ultimate Salary Guide provides you with valuable insights regarding the current job market and salary trends.Please feel free to contact myself or on

11、e of our team members if you have any feedback or questions.Note fromScott ThomsonGroup Managing DirectorWelcome to Links Ultimate 2024 Salary Guide:4 Salary Sources.1 Salary Guide.ContentAwards&RecognitionAsia Market OverviewMarket Insights and Salary Index:Hong Kong|Singapore|Mainland China|Malays

12、ia Banking,Finance&Accounting Information Technology Life Science&Healthcare Construction,Property&Engineering Sales&Marketing Human Resources,Administration&Business Support Supply Chain,Sourcing&Manufacturing Temporary&ContractingHR Solutions for Business Success:Recruitment Process Outsourcing(RP

13、O)Human Resource Outsourcing(HRO)Brand&Reputation Building HR Technology(HR Simplification)Contact UsAppendix46827334651576268697273Awards&RecognitionLinks International stands out by adopting a technology-first approach and provides in-country support across multiple locations in the APAC region.It

14、s commitment to ongoing improvements in its services,investment in integration,venturing into complementary areas such as Employer of Record(EOR)and Earned Wage Access(EWA),and strong Y-o-Y growth have positioned it as a Star Performer on Everest Groups APAC Multi-country Payroll(MCP)Solutions PEAK

15、Matrix Assessment.Priyanka Mitra,Vice President,Everest Group2022&2023Links International was recognised as Star Performer in Everest Groups Multi-Country Payroll(MCP)and Employer of Record Solutions PEAK Matrix AssessmentSILVERGOLDSingapore:Best Employer of Record Service ProviderBest HR Outsourcin

16、g PartnerBest Innovation for HRBRONZEHong Kong:Best HR Outsourcing Service ProviderBest Payroll Outsourcing PartnerBest Contract Staffing Solution AgencyBest Executive Search AgencyBest Recruitment Firm-Industry SpecialistMalaysia:Best HR Outsourcing PartnerBest Employer of Record Service ProviderBe

17、st Innovation for HRBest Payroll Outsourcing PartnerSILVERSILVERGOLDSILVERGOLDGOLDGOLDSILVERBRONZE2023HR Vendors of the Year Awards2024|Links I2020China The GHR Awards:Top-rated Human Resources Service Provider of China2020HR Vendors of the Year Awards Best HR Outsourcing Partner SingaporeBRONZE2021

18、JobsDBs The Hong Kong HR Awards 2021/2022Best HR Outsourcing Recruitment Firm2021China The GHR AwardsTop Rated Payroll Management Platform2021Everest GroupMajor Contender2022HR Vendors of the Year AwardsSILVERGOLDSingapore:Best HR Outsourcing PartnerBest Payroll Outsourcing PartnerBest Employer of R

19、ecord Service ProviderSILVERHong Kong:Best Consultancy of the YearBest HR Outsourcing Service ProviderBest Payroll Outsourcing PartnerBest Recruitment Solution ProviderBest Contract Staffing Solution AgencyBest All-Round Recruitment AgencyBest Recruitment Process Outsourcing PartnerMalaysia:Best Pay

20、roll Outsourcing PartnerBest HR Outsourcing PartnerBest Innovation for HRSILVERGOLDSILVERGOLDGOLDGOLDSILVERGOLDGOLDGOLD2021HR Vendors of the Year AwardsGOLDSingapore:Best HR Outsourcing PartnerBest Payroll Outsourcing PartnerBest Employer of Record Service ProviderBRONZEGOLDHong Kong:Best Payroll Ou

21、tsourcing PartnerBest Contract Staffing Solution AgencyBest All-Round Recruitment AgencyBest Recruitment Outsourcing PartnerMalaysia:Best HR Outsourcing PartnerBest Employer of Record Service ProviderBest Innovation for HRSILVERGOLDSILVERGOLDGOLDBRONZEBRONZE2020China The RECC AwardsThe Excellent Gro

22、wth Recruitment Supplier of China Nomination AwardThe Ultimate Salary Guide:4 sources of salary data.1 salary Market OverviewWhat adds an element of excitement is the transformative potential of generative AI,leaving its mark across diverse sectors globally.Its not just a matter of revolutionising b

23、usiness operations;its fundamentally reshaping the landscape of decision-making processes.Businesses worldwide are eagerly embracing this technology,unveiling a myriad of opportunities for professionals seeking to make a significant impact.In Hong Kong,the demand for talent remains robust,although b

24、usinesses encounter challenges in sourcing the required talent,particularly in Q1 2024.According to the executive director of the Hong Kong Institute for Monetary and Financial Research(HKIMR),the growth of talent is intricately linked with the development of Hong Kong as an international finance ce

25、ntre.1Across Southeast Asia,significant growth is expected,with Singapore maintaining its pivotal position as a prominent hub.Key sectors such as life science&healthcare,information technology,and banking,finance&accounting are set to flourish.In Malaysia,opportunities for local talent are on the ri

26、se,especially with the extension of the freeze on the hiring of foreign workers.2 In parallel,enterprises throughout the APAC region are intensifying their investments in generative AI,signalling a notable advancement in maturity.In the ever-evolving global landscape,were witnessing an upswing in ec

27、onomic activity,defying the uncertainties that prevail worldwide.Sectors like cybersecurity in Hong Kong,life science in Singapore,and the widespread integration of AI across Asia are experiencing robust growth,resulting in a heightened demand for skilled professionals.China leads this surge with ex

28、pected investment growth surpassing 160%,reaching a substantial US$2.1 billion.The growing confidence of businesses in the transformative potential of Generative AI,particularly in content generation and creativity,is reflected in our comprehensive insights detailed in the 2024 Salary Guide.3 Links

29、Internationals research found that in 2024,companies will be more focused on building their core and retaining the talent that they have instead of on grey areas of the businesses.For candidates,their salary levels will depend on inflation levels.This guide provides valuable perspectives for strateg

30、ic considerations across key Asian markets,including Hong Kong,Singapore,Mainland China,and Malaysia.Both a Client and Candidates Market for Hong Kong2023 saw talent-hungry Hong Kong ramping up its hiring efforts through recruitment drives,new pathways for work permits and an increasing the number o

31、f professionals on its talent list.The governments promotion body recently reveals that almost 400 foreign or mainland companies started up or expanded in Hong Kong in 2023.4In other big plans for 2024,as Hong Kong aims to maintain its position as the bridge between the mainland and the rest of the

32、world,the Chief Executive announced that they will do their best to help HK and overseas firms expand into the mainland market,particularly the Greater Bay Area.5 2024|Links IWhen it comes to AI,over one-third of enterprises are or will be using AI,with 32%of them already applying the technology at

33、multiple levels,of which 58%apply the tech in marketing,according to a study conducted by Hong Kong Productivity Council New Industrialisation.6 However,when it comes to hiring talent in AI,Hong Kong currently faces a shortage and the Hong Kong government has introduced initiatives to lure overseas

34、AI talent to the city,and local universities like The University of Hong Kong and The Hong Kong Polytechnic University,are already providing degree or masters degree courses related to AI.7Singapore Retains Its Spot as the Asian HubIn 2024,Singapore anticipates a more stable trajectory towards recov

35、ery,coinciding with an expected rise in salaries.According to a Singapore Business Federation survey,67%of employers have plans to increase salaries,averaging a 6%increment.Conversely,only 32%intend to maintain current salary levels,with a mere 1%considering salary cuts.Regarding hiring in the upcom

36、ing year,36%of companies aim to expand their workforce over the next 12 months,representing an increase from the previous years figure of 29%.Furthermore,based on the same survey,20%of companies experienced workforce growth in the preceding period and anticipate further expansion in 2024.8 Singapore

37、,retaining its status as the Asian hub in 2023,is poised to continue in that role throughout 2024.This sustained prominence is attributed to government support and funding9,the availability of resources,as well as ongoing research and innovation across various fields.China to See Steady but Sure Rec

38、overyChinas labour market faced a slower resurgence in 2023 than anticipated,primarily influenced by global economic and political challenges,missed business opportunities,and reduced consumer spending.Looking ahead to 2024,the Chinese government has introduced new policies to stimulate the economy,

39、though the full impact is likely to materialise later in the year.AI will play a pivotal role in the hiring process to enhance efficiency,yet it is not anticipated to fundamentally alter the essence or core of business operations.Despite initial challenges,the overall outlook for China is optimistic

40、,with businesses expressing increased confidence in new channels and resources,accompanied by higher investments.In terms of talent retention strategies,companies are advised to optimise the workplace through strategic technological investments.Budget and Government Initiatives to Revitalise Malaysi

41、as Job MarketIn 2023,the Malaysian job market faced challenges stemming from global political uncertainties,increased living costs10,and declining exports11,influencing candidate considerations.The 2024 budget,announced in November 2023,introduced several measures to revitalise the employment market

42、.According to the CEO and co-founder of Malaysia HR Forum,five industries expected to have a significant impact on the job market in 2024 including e-commerce,technology&information technology(IT),renewable energy&green technology,tourism&hospitality,and construction.12 With substantial budget alloc

43、ations and a heightened focus on technical and vocational education and training(TVET),these industries stand to benefit from ministerial and government agency incentives.It is emphasised that Malaysias cost-effective business environment is poised to attract more investments from China and other le

44、ading economies,thereby stimulating employment growth.13 Links Internationals research also shows that the lower currency exchange rate in Malaysia is also anticipated to draw increased foreign direct investment.Insights from Links International indicate that countries such as Singapore are increasi

45、ngly hiring in Malaysia due to lower costs,a trend expected to persist in 2024.The Ultimate Salary Guide:4 sources of salary data.1 salary Banking,Finance&AccountingHong KongIn 2023,the Banking,Finance,and Accounting sectors faced challenges with successive layoffs affecting significant talent in th

46、e market.Notably,Latham&Watkins,the worlds second-largest law firm by revenue,adjusted its policies for Hong Kong-based lawyers access to international databases.14 Concerns over data security have led Chinese authorities to advise state-owned firms against using the Big 4 global accounting firms to

47、 curb Western auditors influence.15Adding to the complexity,the Hong Kong Association of Registered Public Interest Entity Auditors(PIEAA)reports that one in three local accounting firms lacks 20%of required audit professionals.16 Over half are actively recruiting as fresh graduates shy away from th

48、e role due to its perceived long hours.But not all is dire.A Finastra survey highlights robust interest in Banking as a Service(BaaS)and embedded finance,with 51%of Hong Kong organisations enhancing or implementing BaaS in the past year.Moreover,93%emphasise support for Environmental,Social,and Gove

49、rnance(ESG)initiatives.17 The Hong Kong Monetary Authority(HKMA)responds with a Fintech Promotion Roadmap for the next 12 months,emphasising responsible technology deployment18,including a HK$200 billion government investment in fintech.19 Hoping these initiatives will invigorate industry dynamics,c

50、andidates with project management skills are poised to shine.Additionally,research from Links International forecasts a decrease in transactional accounting activities over the year.Singapore According to the Institute of Management Accountants(IMA)latest report,the rising rate of turnover among acc

51、ounting and finance professionals in APAC is a growing concern,with Singapore ranking at#5 experiencing this trend.20 The report highlights key statistics for Singapore including:of Singaporeans express the intention to leave their current employer within the next 12 months.of Singaporeans have volu

52、ntarily left their companies in the past 24 months.of Singaporeans plan to exit the profession within the next 12 months.The primary reasons cited by Singaporeans for leaving their profession include low job satisfaction,concerns about career advancement,lack of flexibility,low employee engagement a

53、nd a sense of not belonging in the workplace.2125%17%10%KPMG has pledged S$50 million over the next five years to enhance its capabilities in financial services,innovation and environmental,social and corporate governance(ESG).2024|Links ITo address the shortage,both the Singaporean government and p

54、rivate companies have implemented various measures:Allocating S$15 million,the Institute of Singapore Chartered Accountants(ISCA)is spearheading the Singapore Chartered Accountant Qualification(SCAQ)program with the aim of raising awareness of accounting as a promising career path.Deloitte has outli

55、ned plans to hire 3,000 professionals in Singapore over the next five years,with a third of the new hires focusing on regulatory services,including audit and tax.22 KPMG has pledged S$50 million over the next five years to enhance its capabilities in financial services,innovation and environmental,s

56、ocial and corporate governance(ESG).23Smaller accounting and finance firms have tried to offer talent higher salaries in response to competition,however,they still face challenges in hiring.24 Amid growing apprehension among bankers and investors about political tensions in Hong Kong,a shift towards

57、 Singapore is underway.Some of the worlds largest money managers,such as Marshall Wace,Griffins Citadel Enterprise Americas,and D.E.Shaw,have increased their presence in Singapore.25 Billionaire Cohens Point72 Asset Management has expanded its Singapore team by over 50%,reaching 100 people.26 The nu

58、mber of family offices,which manage the affairs and wealth of affluent families,surged to 1,100 by the end of 2022,compared to just 400 in 2020,according to estimates from the Monetary Authority of Singapore.27Mainland ChinaAI is changing financial decision-making,forecasting,and automation,which ha

59、s a critical impact on the Banking,Finance and Accounting industry.28 The State-owned Assets Supervision and Administration Commission of the State Council of China(SASAC)has underscored the imperative for central enterprises to embrace intelligent development and expedite financial digitisation by

60、2024.29Financial digitisation has emerged as the primary trajectory for companies financial evolution,necessitating adjustments and optimisation across various fronts including talent acquisition,process refinement,risk mitigation,and managerial efficacy.Nevertheless,amidst the transition to financi

61、al digitisation,the issue of talent scarcity looms large.30 On one hand,as companies delve deeper into digital transformation,the demand for digital financial expertise is poised to soar.Conversely,financial functions are progressively extending from backend support to frontline business operations,

62、necessitating closer collaboration between financial personnel and business units.Financial professionals should actively respond to changes,enhance their digital capabilities and professional qualities to adapt to future environments in the workplace.Malaysia Malaysias Budget 2024 announced focus o

63、n tax measures,measures to promote digital transformation,measures on ESG and more which will positively impact the demand for accountants,finance professionals,and roles in sustainable finance.31To keep pace with the rapid transformations driven by AI and automation in the industry,professionals ne

64、ed to consistently enhance their skills to stay pertinent as the opportunities are aplenty.Credit rating agency,Fitch Ratings,also predicts that Malaysias banking sector is set to return to pre-pandemic growth and profitability in 2024,aligning with Bank Negara Malaysias policy rates as banking boom

65、s in Malaysia and Singapore.32To keep pace with the rapid transformations driven by AI and automation in the industry,professionals need to consistently enhance their skills to stay pertinent in Malaysia.The Ultimate Salary Guide:4 sources of salary data.1 salary Entry(Tier 1)Senior(Tier 2)Veteran(T

66、ier 3)Annual Salary HKD($)RolesLinks International 2024British Recruiter CoEU Recruiter CoJapan Recruiter CoAccountingCFO1,610,0001,930,0002,430,0001,500,000-3,500,0001,200,000-2,400,0001,200,000-2,500,000Financial Controller900,0001,090,0001,290,000840,000-1,600,000840,000-1,140,000700,000-900,000F

67、inance Director1,000,0001,500,0002,000,0001,200,000-1,800,000960,000-1,680,0001,200,000-2,000,000Finance Manager640,000770,000900,000660,000-900,000600,000-780,000500,000-650,000Senior Accountant 360,000490,000510,000420,000-600,000420,000-552,000Accountant 260,000390,000450,000336,000-480,000240,00

68、0-720,000+330,000-400,000Assistant Accountant 180,000260,000280,000264,000-360,000230,000-300,000Accounting Manager(GL,AP,AR)500,000650,000800,000540,000-780,000600,000-780,000Financial Analyst 390,000490,000510,000336,000-540,000360,000-600,000Senior Financial Analyst 490,000530,000580,000540,000-6

69、60,000Finance Analytics Manager700,000750,000800,000720,000-780,000600,000-780,000FP&A Director Regional850,0001,300,0001,750,000900,000-1,500,000FP&A Manager-Business Partner580,000710,000840,000720,000-900,000660,000-1,140,000Head of Shared Services700,000850,0001,000,000780,000-900,000Head of Int

70、ernal Audit1,540,0001,670,0001,930,0001,200,000-1,800,0001,020,000-1,800,000+1,200,000-2,200,000Internal Audit Director 1,080,0001,200,0001,410,000840,000-1,140,000Internal Audit Manager 590,000710,000900,000600,000-900,000600,000-780,000720,000-1,000,000Senior Internal Auditor 530,000570,000580,000

71、540,000-600,000Hong Kong2024|Links IEntry(Tier 1)Senior(Tier 2)Veteran(Tier 3)Annual Salary HKD($)RolesLinks International 2024British Recruiter CoEU Recruiter CoJapan Recruiter CoInternal Auditor 450,000490,000510,000480,000-580,000300,000-1,200,000+420,000-500,000Investor Relations Director1,000,0

72、001,900,0002,800,0001,200,000-3,000,000Investor Relations Manager600,000800,0001,000,000660,000-900,000480,000-840,000Finance Transformation Director950,0001,475,0002,000,0001,000,000-1,500,0001,200,000-2,400,000Finance Transformation Manager900,0001,100,0001,300,000960,000-1,200,000540,000-1,320,00

73、0Billing Specialist400,000525,000650,000420,000-600,000Accounts Clerk200,000250,000300,000216,000-264,000200,000-260,000Corporate Development/M&A Director1,200,0001,850,0002,500,0001,500,000-2,000,000Corporate Development/M&A Manager700,000850,0001,000,000720,000-900,000Tax Analyst 320,000420,000510

74、,000300,000-500,000300,000-540,000Tax Manager 510,000770,0001,030,000750,000-1,000,000600,000-900,000Tax Director 1,290,0001,610,0001,930,0001,300,000-2,000,0001,200,000+Treasury Analyst 390,000440,000500,000300,000-480,000400,000-720,000+216,000-360,000Treasury Manager 710,000930,0001,160,000720,00

75、0-900,000780,000-1,080,000+Treasury Director 1,290,0001,610,0001,930,000960,000-2,500,000960,000+Credit Controller400,000600,000800,000420,000-720,000Credit Control Officer250,000350,000450,000300,000-420,000Corporate Finance Analyst 390,000490,000510,000480,000-660,000Hong KongThe Ultimate Salary G

76、uide:4 sources of salary data.1 salary Entry(Tier 1)Senior(Tier 2)Veteran(Tier 3)Annual Salary HKD($)RolesLinks International 2024British Recruiter CoEU Recruiter CoJapan Recruiter CoCompliance Analyst320,000420,000540,000350,000-600,000300,000-480,000300,000-500,000Assistant Vice President860,00091

77、0,000970,000600,000-960,000840,000-1,200,000Vice President1,070,0001,390,0001,720,000960,000K+1,200,000K+700,000-1,400,000Executive Director1,710,0002,040,0002,370,000960,000K+1,200,000K+Managing Director3,090,000960,000K+1,200,000K+2,000,000+Risk Management Analyst240,000390,000510,000350,000-600,0

78、00360,000-540,000240,000-480,000Assistant Vice President480,000750,000970,000600,000-960,000540,000-960,000Vice President960,0001,290,0001,610,000960,000K+960,000K+720,000-1,000,000Executive Director1,560,0001,880,0002,140,000960,000K+960,000K+Managing Director3,090,000960,000K+960,000K+1,500,000+Fi

79、nancial ServicesFinancial&Regulatory Reporting200,0001,000,0001,800,000240,000-1,700,000300,000-1,200,000Management Reporting200,0001,000,0001,800,000250,000-1,700,000300,000-1,900,000240,000-1,600,000Change Management200,0001,350,0002,500,000270,000-2,000,000240,000-1,000,000+Treasury200,0001,350,0

80、002,500,000270,000-2,000,000396,000-1,080,000+216,000-1,400,000Product Control&Valuation250,0001,125,0002,000,000300,000-1,500,000300,000-1,140,000+264,000-1,400,000Tax Planning&Advisory250,0001,375,0002,500,000300,000-2,000,000300,000-1,200,000+Hong Kong2024|Links IEntry(Tier 1)Senior(Tier 2)Vetera

81、n(Tier 3)Annual Salary HKD($)RolesLinks International 2024British Recruiter CoEU Recruiter CoJapan Recruiter CoFund Accounting&Admin200,0001,100,0002,000,000220,000-1,400,000240,000-840,000+Project Management250,000875,0001,500,000264,000-1,300,000420,000-1,020,000+264,000-2,000,000Head of Trading1,

82、000,0001,750,0002,500,0001,200,000-2,100,0001,440,000-2,160,000Senior Trader600,0001,300,0002,000,000700,000-1,500,000Junior Trader400,000750,0001,000,000420,000-900,000VP/Manager(Client facing)800,0001,150,0001,500,000850,000-1,400,000720,000-1,020,000+Associate/Assistant(Client services)400,000600

83、,000800,000420,000-750,000360,000-720,000Portfolio Manager1,500,0002,500,0003,500,0001,700,000-3,200,000720,000-1,600,000+Assistant Portfolio Manager1,000,0001,750,0002,500,0001,200,000-2,400,000Senior Investment Analyst800,0001,150,0001,500,000840,000-1,300,000Investment Analyst400,000600,000800,00

84、0480,000-780,000Trade Support200,0001,100,0002,000,000240,000-1,800,000300,000-900,000+KYC/Client Onboarding150,0001,025,0001,900,000200,000-1,700,000240,000-1,900,000240,000-1,200,000Settlement200,000850,0001,500,000220,000-1,300,000240,000-720,000+C-suite Executive1,800,0002,750,0003,700,0002,000,

85、000-3,500,000Loan/Structured finance400,0001,450,0002,500,000480,000-2,400,000360,000-3,500,000+Fixed Income Trader500,0001,750,0003,000,000600,000-2,800,000360,000-1,320,000+Senior Analyst1,500,0002,000,0002,500,0001,600,000-2,400,000Junior Analyst820,0001,110,0001,400,000840,000-1,200,000Hong Kong

86、The Ultimate Salary Guide:4 sources of salary data.1 salary Entry(Tier 1)Senior(Tier 2)Veteran(Tier 3)Annual Salary HKD($)RolesLinks International 2024British Recruiter CoEU Recruiter CoJapan Recruiter CoSenior PM/CIO2,500,0003,000,0003,500,0002,700,000-3,400,000Information Technology350,000925,0001

87、,500,000360,000-1,000,000+Private Wealth Management&Fund Management300,000575,000850,000350,000-800,000+Investment Banking300,000600,000900,000350,000-850,000+Insurance300,000575,000850,000350,000-800,000+Retail&Commercial Banking250,000525,000800,000300,000-750,000+200,000-960,000Investment Profess

88、ional(Global Fund)800,0002,000,0003,200,000840,000-3,000,000Investment Professional(Regional Fund)500,0001,500,0002,500,000600,000-2,400,000Investment Professional(Fund of Funds)500,0001,300,0002,100,000600,000-2,000,000Investor Relations400,0001,200,0002,000,000480,000-3,000,000Relationship Manager

89、(Managing Director)2,000,0003,250,0004,500,0002,500,000-4,000,0001,800,000+Relationship Manager(Director/Executive Director)1,000,0002,000,0003,000,0001,500,000-2,800,0001,200,000-2,200,000Investment Advisor(Director/Executive Director)1,000,0001,750,0002,500,0001,400,000-2,400,000Relationship Manag

90、er(Vice President)850,0001,275,0001,700,000900,000-1,600,000Investment Advisor(Vice President)850,0001,125,0001,400,000700,000-1,500,000Hong Kong2024|Links IEntry(Tier 1)Senior(Tier 2)Veteran(Tier 3)Annual Salary HKD($)RolesLinks International 2024British Recruiter CoEU Recruiter CoJapan Recruiter C

91、oRelationship Manager(Assistant Vice President)700,000850,0001,000,000720,000-1,200,000Investment Advisor(Assistant Vice President)650,000825,0001,000,000700,000-950,000Assistant Relationship Manager/Investment Advisor300,000650,0001,000,000400,000-900,000Counterparty Credit Risk300,000600,000900,00

92、0350,000-850,000+300,000-1,200,000+Market Risk300,000650,0001,000,000350,000-960,000+360,000-1,440,000+Credit Analyst/Approver250,000575,000900,000300,000-850,000+Operational Risk250,000625,0001,000,000300,000-900,000+Hong KongThe Ultimate Salary Guide:4 sources of salary data.1 salary Entry(Tier 1)

93、Senior(Tier 2)Veteran(Tier 3)Annual Salary SGD($)RolesLinks International 2024British Recruiter CoEU Recruiter CoJapan Recruiter CoAccountingCFO 290,000380,000480,000300,000-450,000216,000-312,000Finance Director240,000270,000300,000240,000-300,000Finance Project/Process Improvement140,000190,000240

94、,000144,000-240,000Financial Controller 160,000200,000230,000140,000-180,000108,000-216,000Finance Manager 120,000140,000160,000100,000-150,00096,000-144,00066,000-120,000Business Controller120,000140,000160,000120,000-168,000Senior Accountant 70,00090,00090,00096,000-132,00066,000-96,000Accountant

95、50,00070,00080,00078,000-100,00042,000-66,000Assistant Accountant 30,00050,00050,00042,000-66,000Financial Analyst 70,00090,00090,00078,000-120,00060,000-96,000Senior Financial Analyst 90,000100,000110,00060,000-96,000FP&A Manager 110,000130,000150,00096,000-144,00090,000-144,000FP&A Director180,000

96、200,000220,000180,000-220,000Head of Internal Audit 360,000380,000410,000Internal Audit Director 190,000270,000350,000200,000-250,000Internal Audit Manager 110,000130,000160,000120,000-180,00096,000-132,000Senior Internal Auditor 100,000100,000110,00078,000-110,000Internal Auditor 80,00090,00090,000

97、Singapore2024|Links IEntry(Tier 1)Senior(Tier 2)Veteran(Tier 3)Annual Salary SGD($)RolesLinks International 2024British Recruiter CoEU Recruiter CoJapan Recruiter CoPayroll Accountant 50,00060,00070,000Payroll Manager 110,000120,000130,000Tax Analyst 60,00080,00090,000Tax Manager 90,000140,000180,00

98、0120,000-180,000Tax Director 230,000290,000350,000220,000-300,000Treasury Analyst 70,00080,00090,000Treasury Manager 130,000170,000210,000Treasury Director 230,000290,000350,000Corporate Finance Analyst 70,00090,00090,000Corporate Finance Manager 140,000160,000170,000150,000-220,000Corporate Finance

99、 Director 230,000290,000350,000Commercial Finance Business Partners120,000150,000180,000120,000-180,000Cost Accountant60,00070,00090,00066,000-90,000Accounts Executive40,00040,00050,00045,000-55,00036,000-60,000TreasuryHead of Treasury250,000300,000360,000250,000-360,000Treasury Director200,000220,0

100、00250,000200,000-250,000Treasury Manager120,000150,000180,000120,000-180,00094,800-162,000Treasury Analyst70,00080,00090,00078,000-90,00055,200-93,600SingaporeThe Ultimate Salary Guide:4 sources of salary data.1 salary Entry(Tier 1)Senior(Tier 2)Veteran(Tier 3)Annual Salary SGD($)RolesLinks Internat

101、ional 2024British Recruiter CoEU Recruiter CoJapan Recruiter CoCorporate Banking,Private Banking&Wealth ManagementHead of Compliance250,000350,000450,000250,000-450,000AML/Transaction Monitoring/Sanctions/Fraud-VP/Director170,000260,000350,000170,000-350,000Quality Assurance/Testing-VP/Director160,0

102、00250,000350,000160,000-350,000Regulatory Compliance/Advisory-VP/Director180,000280,000380,000180,000-380,000AML/Transaction Monitoring/Sanctions/Fraud-Manager/AVP100,000130,000160,000100,000-160,000Quality Assurance/Testing-Manager/AVP110,000130,000150,000110,000-150,000Regulatory Compliance/Adviso

103、ry-Manager/AVP90,000130,000180,00096,000-180,000AML/Transaction Monitoring/Sanctions/Fraud-Analyst/Associate70,00080,00090,00070,000-90,00051,000-70,000Quality Assurance/Testing-Analyst/Associate80,00090,000100,00080,000-100,000Regulatory Compliance/Advisory-Analyst/Associate60,00070,000$90,00060,00

104、0-90,000Credit RiskCorporate/Financial Institutional-Director200,000270,000350,000200,000-350,000Portfolio Risk&Analytics-Director220,000260,000300,000220,000-300,000Corporate/Financial Institutions-VP140,000170,000200,000140,000-200,000Portfolio Risk&Analytics-VP150,000180,000220,000150,000-220,000

105、Corporate/Financial Institutions-Manager/AVP90,000110,000140,00090,000-140,000Portfolio Risk&Analytics-Manager/AVP90,000110,000140,00090,000-140,000Singapore2024|Links IEntry(Tier 1)Senior(Tier 2)Veteran(Tier 3)Annual Salary SGD($)RolesLinks International 2024British Recruiter CoEU Recruiter CoJapan

106、 Recruiter CoFinancial ControlFinancial Reporting-VP/Director200,000250,000300,000200,000-300,000Treasury-VP/Director200,000250,000300,000200,000-300,000Regulatory Reporting-VP/Director170,000210,000260,000175,000-260,000Financial Reporting-Manager/AVP130,000150,000170,000130,000-175,000Regulatory R

107、eporting-Manager/AVP130,000150,000170,000130,000-175,000Treasury-Manager/AVP110,000130,000160,000110,000-160,000Financial Reporting-Analyst/Associate70,000100,000130,00070,000-130,000Regulatory Reporting-Analyst/Associate60,00080,000100,00065,000-100,000Treasury-Analyst/Associate60,00080,000110,0006

108、0,000-110,000Fund AccountingFund Accountant-Director200,000270,000350,000200,000-350,000Fund Accountant-VP100,000130,000160,000100,000-160,000Fund Accountant-Manager/AVP80,00090,000100,00080,000-100,000Fund Management/Investment ManagementChief Compliance Officer/Head of Compliance240,000340,000450,

109、000240,000-450,000Compliance Officer-VP/Director180,000260,000350,000180,000-350,000AML/Financial Crime-VP/Director170,000250,000340,000170,000-340,000Compliance Officer-Manager/AVP120,000150,000180,000120,000-180,000SingaporeThe Ultimate Salary Guide:4 sources of salary data.1 salary Entry(Tier 1)S

110、enior(Tier 2)Veteran(Tier 3)Annual Salary SGD($)RolesLinks International 2024British Recruiter CoEU Recruiter CoJapan Recruiter CoAML/Financial Crime-Manager/AVP100,000130,000160,000100,000-160,000Compliance Officer-Analyst/Associate70,00080,000100,00072,000-100,000AML/Financial Crime-Analyst/Associ

111、ate60,00070,00090,00065,000-90,00051,000-70,000Internal AuditCorporate Banking-VP/Director150,000220,000300,000155,000-300,000Investment Banking&Wealth/Fund Management-VP/Director150,000220,000300,000150,000-300,000Consumer Banking-VP/Director140,000220,000300,000140,000-300,000Investment Banking&We

112、alth/Fund Management-Manager/AVP100,000130,000160,000100,000-160,000Corporate Banking-Manager/AVP80,000110,000150,00085,000-155,000Consumer Banking-Manager/AVP80,000110,000140,00085,000-140,000Investment Banking&Wealth/Fund Management-Analyst/Associate70,00080,00090,00070,000-90,000Corporate Banking

113、-Analyst/Associate60,00070,00090,00060,000-90,000Consumer Banking-Analyst/Associate50,00060,00080,00055,000-85,000Investment Banking/Capital MarketsHead of Compliance250,000350,000450,000250,000-450,000AML/Transaction Monitoring/Sanctions/Fraud-VP/Director170,000260,000350,000170,000-350,000Quality

114、Assurance/Testing-VP/Director160,000240,000330,000160,000-330,000Regulatory Compliance/Advisory-VP/Director180,000260,000350,000180,000-350,000AML/Transaction Monitoring/Sanctions/Fraud-Manager/AVP100,000130,000160,000100,000-160,000Singapore2024|Links IEntry(Tier 1)Senior(Tier 2)Veteran(Tier 3)Annu

115、al Salary SGD($)RolesLinks International 2024British Recruiter CoEU Recruiter CoJapan Recruiter CoQuality Assurance/Testing-Manager/AVP110,000130,000150,000110,000-150,000Regulatory Compliance/Advisory-Manager/AVP90,000130,000180,00096,000-180,000AML/Transaction Monitoring/Sanctions/Fraud-Analyst/As

116、sociate70,00080,00090,00070,000-90,00051,000-70,000Quality Assurance/Testing-Analyst/Associate80,00090,000100,00080,000-100,000Regulatory Compliance/Advisory-Analyst/Associate60,00070,00090,00060,000-90,000Investment RiskAsset Management/Investment Risk-Director200,000250,000300,000200,000-300,000As

117、set Management/Investment Risk-VP120,000150,000190,000125,000-190,000Asset Management/Investment Risk-Manager/AVP80,000100,000120,00085,000-125,000Management ReportingFinancial Planning&Analysis-VP/Director200,000250,000300,000200,000-300,000Management Reporting-VP/Director200,000250,000300,000200,0

118、00-300,000Financial Planning&Analysis-Manager/AVP100,000140,000180,000100,000-180,000Management Reporting-Manager/AVP100,000130,000170,000100,000-170,000Management Reporting-Analyst/Associate60,00090,000120,00060,000-120,000Financial Planning&Analysis-Analyst/Associate60,00090,000120,00060,000-120,0

119、00Market RiskControlling/Reporting-Director190,000220,000250,000190,000-250,000Market Risk Front Office-Director230,000260,000300,000230,000-300,000SingaporeThe Ultimate Salary Guide:4 sources of salary data.1 salary Entry(Tier 1)Senior(Tier 2)Veteran(Tier 3)Annual Salary SGD($)RolesLinks Internatio

120、nal 2024British Recruiter CoEU Recruiter CoJapan Recruiter CoModelling/Model Validation-Director240,000270,000300,000240,000-300,000Controlling/Reporting-VP130,000150,000180,000130,000-180,000Market Risk Front Office-VP160,000190,000220,000160,000-220,000Modelling/Model Validation-VP180,000200,00023

121、0,000180,000-230,000Controlling/Reporting-Manager/AVP70,00090,000120,00070,000-120,000Market Risk Front Office-Manager/AVP90,000120,000160,00090,000-160,000Modelling/Model Validation-Manager/AVP90,000120,000160,00095,000-160,000Operational RiskChief Risk Officer240,000360,000480,000240,000-480,000Op

122、erational Risk Management-VP150,000170,000200,000150,000-200,000Operational Risk Management-Director210,000240,000280,000210,000-280,000144,000-276,000Operational Risk Management-Manager/AVP80,000100,000130,00080,000-130,00090,000-120,000OperationsChange Management-VP/Director180,000250,000330,00018

123、1,000-332,000Client Onboarding/KYC/AML-VP/Director150,000200,000250,000151,000-250,000Data Specialist-VP/Director150,000170,000200,000151,000-200,000Settlements/Reconciliations-VP/Director150,000200,000250,000151,000-250,000Fund Management/Custody-VP/Director150,000200,000250,000151,000-250,000Clien

124、t Services-VP/Director140,000170,000200,000141,000-200,000Singapore2024|Links IEntry(Tier 1)Senior(Tier 2)Veteran(Tier 3)Annual Salary SGD($)RolesLinks International 2024British Recruiter CoEU Recruiter CoJapan Recruiter CoCollateral Management-VP/Director150,000200,000250,000151,000-250,000Corporat

125、e/Transactional-VP/Director150,000200,000250,000151,000-250,000Trade Support-VP/Director170,000210,000260,000171,000-260,000Treasury Operations-VP/Director150,000200,000250,000151,000-250,000Securities/Brokerage-VP/Director150,000200,000250,000151,000-250,000Commodities-VP/Director180,000240,000300,

126、000181,000-300,000Trade Finance-VP/Director150,000200,000250,000151,000-250,000Change Management-Manager/AVP100,000140,000180,000102,000-180,000Client Onboarding/KYC/AML-Manager/AVP100,000120,000150,000102,000-150,000Data Specialist-Manager/AVP100,000120,000150,000102,000-150,000Securities/Brokerage

127、-Manager/AVP100,000120,000150,000102,000-150,000Settlements/Reconciliations-Manager/AVP100,000120,000150,000102,000-150,000Fund Management/Custody-Manager/AVP100,000120,000150,000102,000-150,000Client Services-Manager/AVP100,000120,000140,000102,000-140,000Collateral Management-Manager/AVP100,000120

128、,000150,000102,000-150,000Corporate/Transactional-Manager/AVP100,000120,000150,000102,000-150,000Trade Support-Manager/AVP100,000130,000170,000102,000-170,000Commodities-Manager/AVP100,000140,000180,000106,000-180,000Treasury Operations-Manager/AVP100,000120,000150,000102,000-150,000SingaporeThe Ult

129、imate Salary Guide:4 sources of salary data.1 salary Entry(Tier 1)Senior(Tier 2)Veteran(Tier 3)Annual Salary SGD($)RolesLinks International 2024British Recruiter CoEU Recruiter CoJapan Recruiter CoClient Onboarding/KYC/AML-Analyst/Associate70,00080,000100,00072,000-101,000Data Specialist-Analyst/Ass

130、ociate70,00080,000100,00072,000-101,000Change Management-Analyst/Associate70,00080,000100,00072,000-101,000Settlements/Reconciliations-Analyst/Associate70,00080,000100,00072,000-101,000Fund Management/Custody-Analyst/Associate70,00080,000100,00072,000-101,000Trade Finance-Manager/AVP100,000120,00015

131、0,000102,000-150,000Client Services-Analyst/Associate70,00080,000100,00070,000-101,000Collateral Management-Analyst/Associate70,00080,000100,00072,000-101,000Corporate/Transactional-Analyst/Associate70,00080,000100,00072,000-101,000Trade Support-Analyst/Associate80,00090,000100,00085,000-101,000Comm

132、odities-Analyst/Associate80,00090,000100,00085,000-105,000Treasury Operations-Analyst/Associate70,00080,000100,00072,000-101,000Securities/Brokerage-Analyst/Associate70,00080,000100,00072,000-101,000Trade Finance-Analyst/Associate70,00080,000100,00072,000-101,00060,000-96,000Product&Valuations Contr

133、olValuations Control-VP/Director200,000270,000350,000200,000-350,000Product Control-VP/Director200,000270,000350,000200,000-350,000Product Control-Manager/AVP110,000140,000180,000110,000-180,000120,000-156,000Valuations Control-Manager/AVP110,000150,000190,000110,000-190,000120,000-156,000Singapore2

134、024|Links IEntry(Tier 1)Senior(Tier 2)Veteran(Tier 3)Annual Salary SGD($)RolesLinks International 2024British Recruiter CoEU Recruiter CoJapan Recruiter CoProduct Control-Analyst/Associate60,00080,000100,00060,000-105,000Valuations Control-Analyst/Associate60,00090,000120,00060,000-120,000Retail Ban

135、kingHead of Compliance260,000350,000450,000260,000-450,000AML/Transaction Monitoring/Sanctions/Fraud-VP/Director170,000260,000350,000170,000-350,000Regulatory Compliance/Advisory-VP/Director150,000220,000300,000150,000-300,000AML/Transaction Monitoring/Sanctions/Fraud-Manager/AVP100,000130,000160,00

136、0100,000-160,000Regulatory Compliance/Advisory-Manager/AVP80,000120,000160,00080,000-160,00084,000-114,000AML/Transaction Monitoring/Sanctions/Fraud-Analyst/Associate70,00080,00090,00070,000-90,00051,000-70,000Regulatory Compliance/Advisory-Analyst/Associate60,00070,00090,00060,000-90,000SingaporeTh

137、e Ultimate Salary Guide:4 sources of salary data.1 salary Entry(Tier 1)Senior(Tier 2)Veteran(Tier 3)Annual Salary RMB()RolesLinks International 2024British Recruiter CoEU Recruiter CoJapan Recruiter CoChief Financial Officer1,500,0004,250,0007,000,0002,000,000-6,000,000660,000-1,440,0002,000,000-6,0

138、00,000Regional Finance Director1,000,0002,500,0004,000,0001,500,000-3,500,000Finance Director900,0001,700,0002,500,0001,000,000-2,000,000660,000-1,440,0001,000,000-2,000,000Merger&Acquisitions Director900,0001,700,0002,500,0001,000,000-2,000,0001,000,000-2,000,000Financial Controller600,0001,300,000

139、2,000,000700,000-1,500,000800,000-1,200,000Financial Planning&Analysis Manager400,000950,0001,500,000450,000-1,000,000300,000-540,000600,000-1,000,000Internal Audit Manager400,000950,0001,500,000450,000-1,000,000300,000-540,000400,000-1,200,000Tax Manager400,000950,0001,500,000450,000-1,000,000500,0

140、00-1,000,000Treasury Manager400,000950,0001,500,000450,000-1,000,000600,000-1,000,000Finance Manager300,000650,0001,000,000400,000-800,000300,000-540,000600,000-1,000,000Commercial Finance Manager400,000950,0001,500,000500,000-1,200,000300,000-540,000Financial Analyst200,000400,000600,000300,000-500

141、,000Internal Auditor200,000350,000500,000250,000-450,000300,000-540,000250,000-520,000Mainland China2024|Links IInformation TechnologyHong Kong Despite challenges stemming from the tech rivalry between the United States and China,Hong Kong has attracted around 900 tech companies in 2023 400 set up a

142、t Hong Kong Science Park,while 489 at Cyberport.33 The ongoing US investment ban on certain Chinese technologies which extends to Hong Kong and Macau has affected the citys ability to draw overseas talent and technology firms,causing a shortage of skilled IT professionals.34Nevertheless,the Hong Kon

143、g government remains committed to the tech industry,evidenced by increased funding for the Strategic Tech Fund to HK$5 billion35,and an additional HK$3 billion for research in frontier fields like AI and quantum technology.36 The 2023-24 Budget underscores the commitment to position IT as a catalyst

144、 for economic growth,anticipating a need for 100,000 IT workers by 2030.37As talent will look to shift around in 2024,Links Internationals research suggests a surge in demand for various IT roles in 2024 including:Data Scientists AI/Machine Learning Engineers Blockchain Developers Cybersecurity Engi

145、neers Full Stack DevelopersIn a bid to meet these demands,the Office for Attracting Strategic Enterprises(OASES)has successfully attracted 30 strategic firms,resulting in 10,000 jobs and an investment of HK$30 billion.38SingaporeSingapore,the Asian technology hub39,hosts 80 of the worlds top 100 tec

146、h firms40,and its attractiveness is enhanced by initiatives such as the Overseas Networks&Expertise Pass(ONE)41 and the TechSG program42,streamlining work visa processes for global tech talent.Despite global downsizing in the tech industry,Singapore continues to invest substantially in tech skills.4

147、3 Initiatives include the introduction of a Bachelor of Applied Computing in Finance at Nanyang Technological University44,and training programs for tech staff at leading banks like OCBC,DBS and UOB.45 Singapores commitment to tech talent is reflected in ongoing hiring activities,such as Citi Groups

148、 recruitment for Managing Directors in the city.46 The Ministry of Manpower has indicated that Singapore anticipates a significant demand for jobs in sectors like technology and finance in 2024.As of September 2023,key positions in software,web,and multimedia development are among the most sought af

149、ter.Citi also recently announced that amidst restricting,they are still hiring Managing Directors in Singapore.47Nevertheless,Singapore faces intense competition in recruiting candidates in the technology sector.As of September 2023,key positions in software,web,and multimedia development are among

150、the most sought after in Singapore.The Ultimate Salary Guide:4 sources of salary data.1 salary Mainland China In 2023,Chinas software and IT services sector demonstrated remarkable stability,achieving a cumulative software business revenue of RMB 12.3258 trillion,a 13.4%YoY growth.48 However,this su

151、ccess has unveiled a pressing challenge:the persistent shortage of digital talents,particularly in the realm of cross-industry composite digital skills,underscoring the critical need for ongoing workforce development initiatives.49In todays landscape,digital skills are pervading diverse sectors at a

152、n accelerating pace.Innovations like blockchain and big data analytics are being widely adopted,fuelling a surging demand for professionals such as digital solution designers and database administrators.These emerging roles,anchored in cutting-edge digital advancements,are swiftly emerging as focal

153、points for employment opportunities.Companies are increasingly prioritising skill certifications,with research showing only 7.4%of surveyed companies currently have no requirements for digital skills from job applicants,indicating that digital skill certification is becoming a crucial aspect for job

154、 seekers.50China has been proactive in implementing comprehensive regulations for AI,covering areas such as recommendation algorithms,synthetically generated images and chatbots.51 According to the CCID Group,a research unit affiliated with Chinas Ministry of Industry and Information Technology(MIIT

155、),the generative AI industry in China is projected to generate an economic value of US$4.2 trillion over the next 12 years,making it one of the earliest and most detailed regulatory frameworks for AI globally.52 Malaysia Prime Minister Datuk Seri Anwar Ibrahim recently revealed that major tech compa

156、nies,including Google,Enovix Corporation,Microsoft and TikTok,are set to expand their investments in Malaysia on a larger scale.53 Specifically,Google Cloud,CloudMile and Trainocate will offer five digital learning paths for free to Malaysians from all backgrounds,aiming to create skilling opportuni

157、ties for 300,000 Malaysians by 2026.54But thats not all.The digital economy is expected to experience a remarkable growth of 25.5%in 2024,surpassing the national target.Adding to the positive outlook,a report from Malaysias national tech association,PIKOM(Persatuan Industri Komputer dan Multimedia M

158、alaysia),revealed that IT salaries saw the most significant increase in 2023.55In August 2023,it was announced that Malaysia had secured RM5.2 billion in investment commitments for the countrys digital economy sector from China and Singapore.56 The forecast for further growth in digital investment i

159、n Malaysia is on an upward trend.of surveyed companies require job applicants to have digital skills.92.6%7.4%Major tech companies,including Google,Enovix Corporation,Microsoft and TikTok,are set to expand their investments in Malaysia on a larger scale.Specifically,Google Cloud,CloudMile and Traino

160、cate will offer five digital learning paths for free to Malaysians from all backgrounds,aiming to create skilling opportunities for 300,000 Malaysians by 2026.2024|Links IEntry(Tier 1)Senior(Tier 2)Veteran(Tier 3)Annual Salary HKD($)RolesLinks International 2024British Recruiter CoEU Recruiter CoJap

161、an Recruiter CoProgrammer280,000 510,000 750,000 500,000-700,000260,000-720,000240,000-360,000Analyst Programmer370,000 400,000 510,000 700,000-900,000360,000-720,000360,000-600,000System Analyst480,000 510,000 620,000 550,000-800,000420,000-600,000600,000-900,000Application Manager670,000 780,000 9

162、20,000 770,000-1,100,000600,000-900,000660,000-1,200,000Application Architect780,000 920,000 1,060,000 800,000-1,200,000660,000-1,200,000720,000-1,200,000+Enterprise Architect(IT)920,000 1,050,000 1,200,000 800,000-1,500,000600,000-1,450,000System Engineer320,000 390,000 510,000 450,000-650,000420,0

163、00-780,000System Admin330,000 390,000 480,000 450,000-650,000460,000-730,000300,000-660,000IT Support250,000 350,000 480,000 350,000-600,000340,000-540,000IT Manager640,000 740,000 880,000 650,000-900,000660,000-960,000600,000-800,000Head of IT990,000 1,250,000 1,800,000 1,500,000-2,200,000960,000-1

164、,800,0001,000,000+CIO1,270,000 1,560,000 2,260,000 2,500,000-3,600,0001,200,000-3,960,0001,800,000+Hong KongThe Ultimate Salary Guide:4 sources of salary data.1 salary Entry(Tier 1)Senior(Tier 2)Veteran(Tier 3)Annual Salary SGD($)RolesLinks International 2024British Recruiter CoEU Recruiter CoJapan

165、Recruiter CoProgrammer 50,00090,000130,00072,000-180,000Analyst programmer 60,00070,000100,00096,000-180,000System analyst 80,00090,000100,00075,000-150,00060,000-96,00054,000-78,000Application manager 110,000130,000150,000120,000-180,00084,000-180,000Application architect 130,000150,000180,00096,00

166、0-180,000Enterprise architect 150,000170,000180,00096,000-180,000System engineer 50,00070,000120,00075,000-150,00060,000-96,00066,000-96,000System admin 60,00070,000120,00070,000-120,00072,000-108,00054,000-72,000IT support 50,00060,000120,00060,000-96,000IT manager 110,000130,000150,000100,000-210,

167、00096,000-144,00084,000-120,000Head of IT 170,000210,000290,000180,000-360,000CIO 210,000260,000380,000300,000-600,000180,000-360,000Singapore2024|Links IEntry(Tier 1)Senior(Tier 2)Veteran(Tier 3)Annual Salary RMB()RolesLinks International 2024British Recruiter CoEU Recruiter CoJapan Recruiter CoDat

168、a Scientist500,000850,0001,200,000600,000-1,100,000420,000-900,000Data Architect500,000700,000900,000600,000-850,000480,000-960,000Algorithm Engineer450,000700,000950,000500,000-900,000360,000-960,000500,000-2,000,000Business Intelligence350,000575,000800,000400,000-750,000240,000-720,000Data Engine

169、er300,000475,000650,000350,000-600,000300,000-660,000Data Analyst250,000375,000500,000300,000-450,000300,000-660,000Software Architect600,000900,0001,200,000650,000-1,100,000480,000-1,200,000Senior Software Developer400,000625,000850,000450,000-800,000360,000-780,000QA Engineer250,000400,000550,0003

170、00,000-500,000216,000-600,000Embedded Engineer250,000400,000550,000300,000-500,000SAP Manager550,000725,000900,000600,000-850,000480,000-1,020,000SAP Consultant300,000500,000700,000350,000-650,000300,000-540,000Business Analyst250,000400,000550,000300,000-500,000420,000-780,000Cloud Architect550,000

171、725,000900,000600,000-850,000600,000-960,000DevOps/SRE250,000500,000750,000300,000-700,000240,000-540,000Infrastructure Manager300,000450,000600,000350,000-550,000360,000-720,000Data Center Manager350,000500,000650,000400,000-600,000480,000-960,000Product Director550,0001,025,0001,500,000600,000-1,3

172、00,000780,000-1,440,000700,000-1,500,000Product Manager400,000650,000900,000500,000-800,000360,000-1,440,000200,000-1,000,000Mainland ChinaThe Ultimate Salary Guide:4 sources of salary data.1 salary Entry(Tier 1)Senior(Tier 2)Veteran(Tier 3)Annual Salary RMB()RolesLinks International 2024British Rec

173、ruiter CoEU Recruiter CoJapan Recruiter CoMobile Developer300,000600,000900,000400,000-800,000240,000-600,000UI/UX Designer300,000500,000700,000350,000-650,000360,000-600,000Regional IT Director/CTO950,0001,975,0003,000,0001,000,000-2,500,0001,200,000-3,000,0003,000,000-5,000,000Regional Digital Dir

174、ector/CDO800,0001,400,0002,000,000900,000-1,500,0001,200,000-3,000,000Application IT Director600,000900,0001,200,000700,000-1,100,000780,000-1,800,000Project Management Officer400,000650,000900,000500,000-800,000720,000-1,440,000Application Manager400,000625,000850,000450,000-800,000420,000-780,000C

175、ommercial Systems Manager400,000600,000800,000500,000-700,000420,000-780,000Service Manager300,000550,000800,000400,000-700,000504,000-840,000Information Security Director/CISO700,0001,600,0002,500,000800,000-2,000,000600,000-2,400,000Information Security Architect600,0001,050,0001,500,000700,000-1,

176、100,000660,000-1,200,000Information Security Manager400,000650,000900,000500,000-850,000600,000-1,200,000Information Security Analyst300,000450,000600,000350,000-550,000360,000-600,000Mainland China2024|Links ILife Science and HealthcareHong KongHong Kong is striving to establish itself as a global

177、biomedical innovation hub,with various initiatives in place:1.CK Life Sciences is partnering with Xtalpi for AI-empowered cancer vaccine R&D.57 The two companies will integrate AI algorithms with de-identified clinical and biomarker data from both cancer patients and healthy individuals to advance t

178、heir research efforts.582.The Hong Kong Association of the Pharmaceutical Industry urges officials to expedite clinical trials and involve more patients from the Greater Bay Area.59 3.AstraZeneca plans to open an R&D center in Hong Kong,contributing to the growth of the research workforce.604.The Ho

179、ng Kong-Shenzhen Innovation and Technology Park(HSITP)is set to establish by 2025 which will create plenty of new jobs in to facilitate the ecosystem.61Links Internationals research finds that Scientific R&D roles are flourishing,driven by the HK governments commitment to fostering innovation,while

180、traditional sales and pharmaceutical roles decline.SingaporeSingapores Life Science and Healthcare sector is experiencing significant progress,with promising developments on the horizon.CapitaLand,a real estate investment company,has introduced the S$1.4 billion Geneo life sciences and innovation cl

181、uster in the latest phase of the Singapore Science Park(SSP)rejuvenation.Geneo aims to serve as a collaborative platform for researchers,scientists,and knowledge workers,expected to boost SSPs population by approximately 75%to 21,000 when fully operational.62A new collaboration between Singapores Ec

182、onomic Development Board(EDB)and Johnson&Johnson involves JLABS,J&Js incubator arm,supporting early-stage biotech startups based in Singapore in talent development and commercialisation.63Numerous opportunities for growth and development in the Life Science and Healthcare sector are available,aligni

183、ng with Singapores aspiration to maintain its status as Asias Life Science Hub.A new collaboration between Singapores Economic Development Board(EDB)and Johnson&Johnson involves JLABS,J&Js incubator arm,supportingearly-stage biotech startups based in Singapore in talent development and commercialisa

184、tion.The Ultimate Salary Guide:4 sources of salary data.1 salary Mainland ChinaIn 2023,Chinas pharmaceutical manufacturing industry faced challenges,experiencing a 3.7%YoY decrease in revenue(RMB 2.52057 trillion)and a 15.1%decrease in total profit(RMB 347.30 billion).64Despite short-term challenges

185、,the long-term outlook for Chinas pharmaceutical industry is optimistic.In 2023,out-licensed transactions for innovative drugs reached a historic high,exceeding 46.5 billion US dollars through nearly 70 transactions,marking the highest levels since 2020.65 The industry is witnessing a shift towards

186、digital healthcare,propelled by breakthroughs in the new generation of IT.This trend presents new development opportunities.As the sector evolves,there is an increasing demand for diverse talents,expanding beyond traditional biology and medical professionals to include individuals with interdiscipli

187、nary backgrounds in computer science,data analysis,and bioengineering.MalaysiaMalaysia is addressing a shortage of doctors and nurses in public healthcare facilities,prompting the Ministry of Health to implement various measures.66These include streamlining the appointment process for medical gradua

188、tes by eliminating the interview conducted by the Public Services Commission,expanding graduate training opportunities within the Health Ministry,and rehiring retired medical officers on a contractual basis.67Furthermore,efforts to enhance Malaysias Healthcare Travel Councils(MHTC)global outreach in

189、clude signing two strategic Memorandums of Understanding with well-known medical tourism and healthcare facilitators.68Chinas pharmaceutical manufacturing industry is witnessing a shift towardsdigital healthcare,propelled by breakthroughs inthe new generation of IT.There is an increasing demand for

190、diverse talents,expanding beyond traditional biology and medical professionals to include individuals with interdisciplinary backgrounds in computer science,data analysis,and bioengineering.Easily connect with top talent by sharing your job vacancy with usWe guarantee prompt delivery according to yo

191、ur specific requirements!Contact us today2024|Links IEntry(Tier 1)Senior(Tier 2)Veteran(Tier 3)Annual Salary HKD($)RolesLinks International 2024British Recruiter CoEU Recruiter CoJapan Recruiter CoMedical/Technical/CommercialGeneral Manager1,500,0002,300,0003,200,0001,080,000-2,160,000Business Unit

192、Lead/Business Unit Director1,100,0001,400,0002,100,000840,000-1,560,000Head of Sales/Sales Director900,0001,200,0001,500,000840,000-1,440,000Sales Manager(+10 years)680000+comms750000+comms870000+comms660,000-780,000Sales Manager(+5 years)500000+comms560000+comms620000+comms480,000-600,000Medical Re

193、presentative190000+comms250000+comms400000+comms180,000-300,000Head of Marketing/Marketing Director870,0001,100,0001,500,000840,000-1,440,000Marketing Manager(+10 years)620,000720,000840,000600,000-816,000Marketing Manager(+5 years)560,000620,000680,000540,000-660,000Marketing Executive220,000310,00

194、0400,000240,000-384,000Senior Product Manager(Medical)680,000810,000890,000660,000-780,000Product Manager500,000600,000680,000420,000-540,000Territory Manager(Device)370,000+comms430,000+comms560,000+comms360,000-540,000Senior Product Specialist(3+years)(Device)290,000+comms320,000+comms410,000+comm

195、s276,000-396,000Product Specialist(1-3 years)(Device)220,000+comms270,000+comms310,000+comms216,000-300,000Clinical Specialist(1-3 years)(Device)250,000+KPI bonus270,000+KPI bonus310,000+KPI bonus240,000-300,000Market Access Manager430,000660,000930,000420,000-660,000Medical Affairs Director870,0009

196、90,0001,200,000780,000-1,020,000Medical Affairs Manager560,000680,000900,000540,000-720,000Hong KongData Not AvailableData Not AvailableThe Ultimate Salary Guide:4 sources of salary data.1 salary Entry(Tier 1)Senior(Tier 2)Veteran(Tier 3)Annual Salary HKD($)RolesLinks International 2024British Recru

197、iter CoEU Recruiter CoJapan Recruiter CoHong KongMedical Affairs Executive320,000370,000550,000312,000-396,000Medical Science Liaison350,000400,000650,000240,000-360,000Regulatory Affairs Director810,000870,0001,200,000780,000-960,000Regulatory Affairs Manager560,000620,000810,000540,000-660,000Regu

198、latory Affairs Executive250,000370,000470,000240,000-360,000R&D Director810,0001,100,0001,600,000780,000-1,320,000R&D Manager500,000620,000750,000480,000-720,000Principal Scientist680,000810,000930,000660,000-900,000Scientist430,000500,000720,000420,000-600,000Associate Scientist310,000370,000430,00

199、0300,000-420,000Research Associate/Research Assistant200,000250,000410,000192,000-300,000Lab Director870,0001,100,0001,400,000840,000-1,320,000Lab Manager500,000560,000680,000480,000-660,000Senior Lab Technician270,000310,000350,000264,000-336,000Lab Technician/Lab Assistant190,000250,000410,000180,

200、000-300,000Application Manager/Application Lead450,000560,000720,000432,000-696,000Application Engineer Specialist250,000350,000450,000240,000-432,000Lead Service Engineer500,000660,000750,000480,000-720,000Field Service Engineer250,000310,000430,000240,000-360,000Clinical Trial Manager560,000680,00

201、0810,000540,000-780,000Data Not AvailableData Not Available2024|Links IEntry(Tier 1)Senior(Tier 2)Veteran(Tier 3)Annual Salary HKD($)RolesLinks International 2024British Recruiter CoEU Recruiter CoJapan Recruiter CoClinical Trial Associate290,000430,000560,000324,000-324,000Clinical Trial Coordinato

202、r220,000350,000430,000216,000-288,000Medical Director(Insurance)1,400,0001,600,0002,000,0001,320,000-1,920,000Healthcare ProfessionalsDoctor990,0001,900,0003,400,000960,000-3,240,000Advanced Practice Nurse(8+years)620,000750,000930,000600,000-900,000Nurse(5+years)510,000620,000750,000492,000-720,000

203、Nurse(1-8 years)400,000550,000650,000384,000-624,000Health Worker200,000270,000350,000192,000-336,000Educational Psychologist750,000990,0001,500,000720,000-1,440,000Enrolled Nurse250,000320,000450,000240,000-432,000Radiographer560,000810,0001,100,000540,000-1,080,000Pharmacist470,000750,0001,400,000

204、456,000-1,320,000Physiotherapist I650,000930,0001,500,000624,000-1,440,000Physiotherapist II430,000560,000750,000420,000-720,000Occupational Therapist I650,000810,000990,000624,000-960,000Occupational Therapist II370,000500,000620,000360,000-600,000Medical Laboratory Technologist I560,000750,000930,

205、000540,000-900,000Medical Laboratory Technologist II350,000410,000520,000336,000-504,000Psychologist370,000620,000990,000360,000-960,000Hong KongData Not AvailableData Not AvailableThe Ultimate Salary Guide:4 sources of salary data.1 salary Entry(Tier 1)Senior(Tier 2)Veteran(Tier 3)Annual Salary SGD

206、($)RolesLinks International 2024British Recruiter CoEU Recruiter CoJapan Recruiter CoSingaporeMedical/Technical/CommercialGeneral Manager230,000350,000490,000Business Unit Lead/Business Unit Director170,000220,000320,000Head of Sales/Sales Director140,000180,000230,000Sales Manager(+10 years)100,000

207、+comms120,000+comms130,000+comms 108,000-180,000+comms Sales Manager(+5 years)80,000+comms90,000+comms100,000+comms 60,000-84,000+comms 52,000-96,000+commsMedical Representative30,000+comms40,000+comms60,000+comms38,000-51,000+commsHead of Marketing/Marketing Director130,000170,000230,000Marketing M

208、anager(+10 years)100,000110,000130,000 96,000-168,000 Marketing Manager(+5 years)90,000100,000100,000Marketing Executive30,00050,00060,000Senior Product Manager(Medical)100,000120,000140,000Product Manager80,00090,000100,000Territory Manager(Device)60,000+comms70,000+comms90,000+commsSenior Product

209、Specialist(3+years)(Device)40,000+comms50,000+comms60,000+commsProduct Specialist(1-3 years)(Device)30,000+comms40,000+comms50,000+commsClinical Specialist(1-3 years)(Device)40,000+KPI bonus40,000+KPI bonus50,000+KPI bonus 48,000-78,000+KPI bonus Market Access Manager70,000100,000140,000Medical Affa

210、irs Director130,000150,000180,000Medical Affairs Manager90,000100,000140,000Data Not Available2024|Links IEntry(Tier 1)Senior(Tier 2)Veteran(Tier 3)Annual Salary SGD($)RolesLinks International 2024British Recruiter CoEU Recruiter CoJapan Recruiter CoSingaporeMedical Affairs Executive50,00060,00080,0

211、00Medical Science Liaison50,00060,000100,000Regulatory Affairs Director120,000130,000180,000Regulatory Affairs Manager90,000100,000120,000 84,000-120,000 Regulatory Affairs Executive40,00060,00070,000R&D Director120,000170,000250,000R&D Manager80,000100,000120,000Principal Scientist100,000120,000140

212、,000Scientist70,00080,000110,000Associate Scientist50,00060,00070,000Research Associate/Research Assistant30,00040,00060,000Lab Director130,000170,000220,000Lab Manager80,00090,000100,00060,000-94,000Senior Lab Technician40,00050,00050,00027,000-72,000Lab Technician/Lab Assistant30,00040,00060,000 3

213、6,000-48,000 30,000-39,000Application Manager/Application Lead70,00090,000110,000Application Engineer Specialist40,00050,00070,000Lead Service Engineer80,000100,000120,000Field Service Engineer40,00050,00070,000 36,000-54,000 Clinical Trial Manager90,000100,000120,000Data Not AvailableThe Ultimate S

214、alary Guide:4 sources of salary data.1 salary Entry(Tier 1)Senior(Tier 2)Veteran(Tier 3)Annual Salary SGD($)RolesLinks International 2024British Recruiter CoEU Recruiter CoJapan Recruiter CoSingaporeClinical Trial Associate40,00070,00090,000Clinical Trial Coordinator30,00050,00070,00036,000-54,000Me

215、dical Director(Insurance)220,000250,000310,000Healthcare ProfessionalsDoctor150,000290,000520,000Advanced Practice Nurse(8+years)100,000120,000140,000Nurse(5+years)80,000100,000120,000Nurse(1-8 years)60,00080,000100,000Health Worker30,00040,00050,000Educational Psychologist120,000150,000230,000Enrol

216、led Nurse40,00050,00070,000Radiographer90,000120,000170,00054,000-84,000Pharmacist70,000120,000220,00039,000-60,000Physiotherapist I100,000140,000230,000Physiotherapist II70,00090,000120,00044,000-60,000Occupational Therapist I100,000120,000150,000Occupational Therapist II60,00080,000100,000Medical

217、Laboratory Technologist I90,000120,000140,000Medical Laboratory Technologist II50,00060,00080,000Psychologist60,000100,000150,00042,000-66,000Data Not Available2024|Links IEntry(Tier 1)Senior(Tier 2)Veteran(Tier 3)Annual Salary RMB()RolesLinks International 2024British Recruiter CoEU Recruiter CoJap

218、an Recruiter CoPharmaceutical and BiotechGeneral ManagementCSO2,400,0003,600,0005,300,000CMO1,800,0003,000,0004,600,000COO1,800,0003,000,0004,600,000CQO1,700,0002,200,0004,300,000Plant/Site Head1,700,0002,100,0002,900,000R&D:Clinical,Medical Affairs,and OthersResearch and Discovery240,000480,000960,

219、000Bioinformatics300,000540,0001,100,000Biostatistician300,000540,0001,100,000CRP420,000830,0001,300,000Medical AffairsMSL 240,000480,000Therapeutic Area Lead 1,296,000250,000-2,500,0001,800,000-2,200,000Clinical Operation420,000700,0001,000,000550,000-700,000CRA220,000310,000370,000PV220,000310,000

220、370,000400,000-900,000Clinical Data Management220,000540,000950,000200,000-1,000,000Regulatory Affair220,000580,000850,000500,000-700,000Mainland ChinaThe Ultimate Salary Guide:4 sources of salary data.1 salary Entry(Tier 1)Senior(Tier 2)Veteran(Tier 3)Annual Salary RMB()RolesLinks International 202

221、4British Recruiter CoEU Recruiter CoJapan Recruiter CoClinical Research220,000480,000800,000350,000-700,000300,000-960,000200,000-700,000HEOR220,000540,000950,000RWE250,000590,000900,000Manufacturing Operations and Quality ManagementDevelopment280,000420,000960,000CMC Project Management370,000480,00

222、0960,000Production/Site Operation370,000480,000960,000Engineering320,000480,000920,000EHS280,000500,000940,000Lean/Six Sigma/OpEx290,000490,000920,000GMP Quality Assurance320,000480,000920,000Quality Audit/Supplier Quality ManagementAuditor 336,000540,0001,100,000Analytical Development/Quality Contr

223、ol280,000480,000900,000Post-market Quality Management(Chemical Drug)300,000490,000940,000Validation:Process/Equipment/CSV290,000490,000920,000Pharmaceutical Sales and Business SupportSales Management300,000600,0001,500,000400,000-1,200,000400,000-2,500,000Key Account Management280,000500,0001,200,00

224、0280,000-1,300,000SFE280,000500,0001,200,000500,000-1,300,000500,000-700,000Mainland China2024|Links IEntry(Tier 1)Senior(Tier 2)Veteran(Tier 3)Annual Salary RMB()RolesLinks International 2024British Recruiter CoEU Recruiter CoJapan Recruiter CoSales Training300,000490,000960,000500,000-800,000500,0

225、00-700,000Product Marketing240,000480,0001,100,000Market Access340,000540,0001,100,000Management Consulting/Strategic Planning300,000490,000960,000600,000-1,200,000Government Affair400,000650,0001,100,000500,000-800,000Business Development280,000530,0001,100,000Public Relations and Communication340,

226、000540,0001,200,000Digital Marketing and Innovation340,000540,0001,100,000Internet Healthcare Product Sales Marketing360,000780,0001,400,000Medical Device,Life ScienceGeneral ManagementGM/BU Head1,800,0002,400,0003,900,0002,500,000-3,500,0002,000,000-4,000,000Plant/Site Head1,000,0001,600,0002,400,0

227、00CTO1,000,0001,600,0002,400,000COO1,600,0002,100,0003,000,000Project Management-NPD/NPI370,000620,0001,200,000900,000-1,200,000Project Management-Lifecycle Management370,000620,0001,200,000Technical Leader370,000620,0001,200,000R&D-Hardware(Electronic/Mechanical)370,000600,000Mainland ChinaThe Ulti

228、mate Salary Guide:4 sources of salary data.1 salary Entry(Tier 1)Senior(Tier 2)Veteran(Tier 3)Annual Salary RMB()RolesLinks International 2024British Recruiter CoEU Recruiter CoJapan Recruiter CoR&D-Software1,200,000R&D-Algorithm420,000790,000R&D-Material370,000600,000R&D-System420,000700,000Manufac

229、turing,Operations and Quality ComplianceProduction/Operation250,000400,000700,000Engineering260,000370,000720,000Commercial Quality360,000550,0001,200,000Manufacturing QA/QC280,000660,0001,200,000Quality Audit/Supplier Quality ManagementAuditor 384,000660,0001,200,000Regulatory Affairs360,000680,000

230、1,500,000500,000-1,800,000EHS300,000420,000620,000Sales and Business SupportSales360,000600,0001,200,000420,000-840,000400,000-900,000Key Account Management370,000700,0001,100,000350,000-1,300,000Sales Force Effectiveness400,000650,0001,000,000500,000-1,200,000Sales Training420,000620,000880,000500,

231、000-900,000Product Marketing500,000760,0001,300,000300,000-600,000Market Research/New Product Plan/Strategic Marketing500,000850,0001,500,000500,000-1,600,000Mainland China2024|Links IEntry(Tier 1)Senior(Tier 2)Veteran(Tier 3)Annual Salary RMB()RolesLinks International 2024British Recruiter CoEU Rec

232、ruiter CoJapan Recruiter CoManagement Consulting/Strategic Planning580,000880,0001,600,000600,000-1,300,000Government Affairs and Market Access370,000650,0001,200,000360,000-1,200,000500,000-1,500,000Business Development360,000600,0001,400,000Public Relations and Communication420,000620,0001,100,000

233、Multi-Channel Operation/Management480,000670,0001,100,000Digital Marketing/Digital Innovation530,000720,0001,300,000Internet Medical Product and Marketing500,000700,0001,200,000Mainland ChinaThe Ultimate Salary Guide:4 sources of salary data.1 salary Construction,Property and EngineeringHong Kong:It

234、s been busy in Hong Kong with massive projects making their way in both public and private sectors some big ones including the MTR Lohas Park Residential Development Phase XIII and the Lok Ma Chau Emerging Hospital Development amongst others.Despite an exciting future for CPE in Hong Kong,the scarci

235、ty of skilled workers,compounded by an aging workforce,has intensified the crisis.In response,Hong Kong introduced the Labour Importation Scheme for the Construction Sector,admitting up to 12,000 workers.69To address talent shortages,the Development Bureau and Construction Industry Council(CIC)initi

236、ated modernisation efforts using technologies like Building Information Modeling(BIM)and Modular Integrated Construction(MiC).These advancements aim to enhance productivity,sustainability,and safety in the construction sector.70According to the Hong Kong Construction Industry Federation of Trade Uni

237、ons 2022-2023 workers salary report,various construction roles experienced pay increases,ranging from an average of 5.8%to the highest rise of 12.5%.71SingaporeIn Singapore,the Q4 2023 GDP increased by 2.8%compared to Q3,credited to advancements in construction and manufacturing.72 The construction

238、sector is anticipated to thrive in 2024,with the Building and Construction Authority projecting SGD 32 billion to SGD 38 billion in awarded contracts.73 Notable public projects include new build-to-order flats,the second phase of the Cross Island MRT Line,infrastructure for Changi Airport Terminal 5

239、,Tuas Port developments,and significant road and drainage enhancements.74 Moreover,construction demand will receive an additional boost in 2024 with the commencement of the extensions for Resorts World Sentosa and Marina Bay Sands.75 Additionally,data rom the Ministry of Manpower in December 2023 in

240、dicates a robust demand for construction managers in 2024.76According to the Hong Kong Construction Industry Federation of Trade Unions 2022-2023 workers salary report,various construction roles experienced pay increases,ranging from an average of 5.8%to the highest rise of 12.5%.2024|Links IMainlan

241、d ChinaDespite setbacks attributed to Chinas debt crisis77 and the bust of previously Chinas leading real estate developer Evergrande78,the construction sector remains a cornerstone of the national economy,employing over 52 million people.79 A robust recovery is anticipated in 2024,highlighted by pr

242、ominent projects like the expansion of an airport in the Fujian Province and the construction of an expressway in the Xinjiang Uygur Autonomous Region.80 For example,Anhui has initiated 460 major projects in 2024,with a total investment of 489.63 billion yuan,including the noteworthy Hefei-Wuhan Hig

243、h-Speed Railway.81 Similarly,the Hunan Province has commenced work on 11 significant projects,with a combined investment of 8.2 billion yuan.82 These investments are poised to yield substantial economic benefits and job opportunities,contributing to increased investment and overall economic growth.M

244、alaysiaMalaysias construction sector showed remarkable growth in 2023,boasting 9,144 ongoing projects as of September.83The citys construction sector is experiencing significant advantages from its collaboration in the Joint Belt Road Initiative with China,notably through projects like the US$16 bil

245、lion East Coast Rail Link(ECRL).84The Works Ministry in Malaysia anticipates a 5-6%expansion in the construction industry,with a projected development value of RM180 billion.85Additionally,the Construction Industry Development Board(CIDB)is actively assisting the government in securing employment op

246、portunities for foreign workers who have been deceived into coming to Malaysia for non-existent jobs.The construction sector remains a cornerstone of the national economy in China,employing over 52 million people.A robust recovery is anticipated in 2024,highlighted by prominent projects like the exp

247、ansion of an airport in the Fujian Province and the construction of anexpressway in the Xinjiang Uygur Autonomous Region.The Ultimate Salary Guide:4 sources of salary data.1 salary Entry(Tier 1)Senior(Tier 2)Veteran(Tier 3)Annual Salary HKD($)RolesLinks International 2024British Recruiter CoEU Recru

248、iter CoJapan Recruiter CoProperty ManagementProperty Director990,0001,250,0001,600,0001,300,000-1,750,000960,000-1,560,0001,500,000+Property Manager520,000620,000750,000546,000-780,000504,000-720,000480,000-660,000Assistant Property Manager350,000370,000520,000364,000-546,000384,000-516,000Property

249、Officer220,000290,000350,000234,000-340,000240,000-360,000Quantity SurveyorDirector1,250,0001,500,0001,650,0001,620,000-2,200,0001,200,000-1,440,000Senior Quantity Surveyor500,000600,000720,000520,000-975,000504,000-696,000480,000-660,000Quantity Surveyor350,000400,000470,000330,000-494,000360,000-5

250、04,000360,000-468,000Civil&StructureDirector1,250,0001,700,0002,000,0001,500,000-2,200,000+Associate Director890,0001,000,0001,100,000Senior Engineer370,000620,000750,000546,000-949,000480,000-660,000Engineer/Assistant Engineer270,000310,000350,000384,000-559,000300,000-600,000420,000-540,000Facilit

251、y ManagementFacilities Manager1,000,0001,250,0001,600,000598,000-830,000576,000-960,000600,000-960,000Technical Service Manager680,000810,000930,000660,000-900,000Facilities Officer300,000410,000470,000288,000-456,000Technical Service Officer310,000400,000470,000360,000-540,000Hong Kong2024|Links IE

252、ntry(Tier 1)Senior(Tier 2)Veteran(Tier 3)Annual Salary HKD($)RolesLinks International 2024British Recruiter CoEU Recruiter CoJapan Recruiter CoBuilding&MechanicalDirector1,100,0001,300,0001,600,0001,600,000-2,400,0001,044,000-1,560,000Technical Director890,000990,0001,050,000864,000-1,020,000Associa

253、te Director770,000840,000890,000Senior Engineer/Engineer360,000470,000680,000546,000-949,000420,000-624,000420,000-600,000Hong KongThe Ultimate Salary Guide:4 sources of salary data.1 salary Entry(Tier 1)Senior(Tier 2)Veteran(Tier 3)Annual Salary RMB()RolesLinks International 2024British Recruiter C

254、oEU Recruiter CoJapan Recruiter CoReal Estate/Property Investment242,400460,560787,800Asset Management218,160387,840727,200Leasing(Tenant/Landlord Representation)242,400460,560909,000390,000-1,500,000Sales and Marketing145,440363,600581,760200,000-550,000Property Management181,800424,200787,800400,0

255、00-1,300,000Property Engineering218,160424,200702,960Operation Management181,800363,600606,000Project Management339,360593,880848,400400,000-600,000Facility Management218,160387,840727,200Architecture Design145,440363,600727,200180,000-800,000Interior Design145,440339,360606,000150,000-700,000Landsc

256、ape Design145,440315,120606,000Civil Engineering145,440303,000509,040Mechanical/Electrical/Plumbing181,800363,600727,200200,000-600,000Hardcover Engineering157,560339,360581,760Cost Control181,800290,880581,760Construction Procurement145,440339,360509,040EHS181,800303,000606,000500,000-900,000Mainla

257、nd ChinaData Not Available2024|Links ISales&MarketingHong KongRetail sales made significant comebacks,garnering attention multiple times in 2023.Notably,there was a 15.9%increase in November 2023 in comparison to the same month in 202286,contributing to the resurgence of inbound tourism.Links Intern

258、ational finds that this has caused a high demand for positions in travel retail,as well as retail sales,customer experience and retail managers.Furthermore,there is a robust demand for talent in technology sales,particularly in Artificial Intelligence(AI)and Robotic Process Automation(RPA).As Hong K

259、ong regains its vibrancy,a wave of events is making a comeback.From the well-known Hong Kong Sevens to the Web3 Festival Hong Kong and a diverse range of exhibitions87,many Hong Kong-based businesses are eager to participate as partners.This points to an increase in roles related to events and partn

260、erships expected throughout 2024.In the Sales and Marketing sector,employees continue to prioritise flexible working arrangements.Other sought-after benefits include comprehensive medical coverage,engagement in Corporate Social Responsibility(CSR)initiatives,and appealing incentives for overall well

261、-being.Links research finds that due to uncertain economic conditions,employees exhibit greater interest when considering jobs in a more stable environment in retail and marketing,primarily due to concerns about fundraising.SingaporeIn Singapore,the future of retail lies in omnichannel strategies.Ac

262、cording to a GlobalData report,48%of shoppers engage in physical store browsing before making online purchases,while 49%browse online before opting for in-store transactions.This positions Singapore as a leader in omnichannel spending among its Southeast Asian counterparts,with expectations for this

263、 figure to reach nearly 62%by 2026.88Despite this advancement,Singapore currently lacks a robust livestreaming e-commerce sector.The demand exists,but the city-state grapples with a shortage of skilled professionals capable of driving sales through live broadcasts.89In the realm of travel retail,a s

264、ignificant development occurred on January 25,2024,when China and Singapore inked a mutual 30-day visa-free agreement.This strategic move is poised to revitalise the tourism industries of Southeast Asian nations,fostering increased travel and economic activity in the region.90There is a robust deman

265、d for talent in technology sales,particularly in Artificial Intelligence(AI)and Robotic Process Automation(RPA).62%Omnichannel spending by 2026The Ultimate Salary Guide:4 sources of salary data.1 salary Mainland ChinaIn 2023,offline channels like exhibitions,forums,and roadshows witnessed a resurgen

266、ce,establishing themselves as the primary touchpoints recognised by marketers.Simultaneously,companies maintained significant investments in online platforms,like Weibo and Douyin,solidifying their positions as indispensable pillars of digital engagement.91 Fuelled by the ongoing wave of digitisatio

267、n in 2024,the sales and marketing industry is poised to shift towards data-driven,intelligent,and personalised strategies.Leveraging advanced technologies like big data analysis and AI,companies will precisely target customers,deliver personalised product and service recommendations,and enhance over

268、all customer satisfaction and loyalty.Brands,utilising engaging formats like short videos and live streaming on social media platforms,aspire to amplify visibility and drive sales.To navigate this evolving landscape,marketers must adeptly master a range of digital skills,including big data analysis,

269、AI,and digital marketing.In the future,professionals with a robust digital background are expected to be highly sought after by companies.MalaysiaIn December 2023,Malaysias wholesale and retail trade achieved a record-breaking figure of 143.9 billion ringgit.92 Beyond this milestone,the nation is po

270、ised for sustained expansion,as forecasted by the Malaysian Industrial Development Finance Berhad(MIDF)Research,projecting a 7.5%growth in Malaysias retail trade for 2024,attributed to the alleviation of inflationary pressures.93 Malaysias retail sector logged a 108%in hiring activity in year-on-yea

271、r increase as Malaysias labour market is experiencing robust momentum.94 The resurgence of tourism,complemented by supportive economic policies from both fiscal and monetary standpoints,is expected to act as a catalyst for additional retail sector growth.95 Malaysias retail sectorlogged a 108%in hir

272、ing activity in year-on-year increase as Malaysias labour market is experiencingrobust momentum.2024|Links IEntry(Tier 1)Senior(Tier 2)Veteran(Tier 3)Annual Salary HKD($)RolesLinks International 2024British Recruiter CoEU Recruiter CoJapan Recruiter CoCommercial Director(Sales&Marketing)1,300,0001,5

273、00,0002,200,000 1,300,000-2,000,000 720,000-1,300,000 750,000-1,000,000 Marketing Director(Regional)1,200,0001,600,0002,100,000 1,300,000-1,700,000 900,000-1,800,000 Marketing Director(Local)1,050,0001,300,0001,500,000 1,100,000-1,600,000 840,000-1,800,000 Marketing Manager(Regional)600,000850,0001,

274、200,000 720,000-1,100,000 500,000-800,000 Marketing Manager(Local)500,000770,0001,000,000 500,000-1,000,000 420,000-900,000 500,000-800,000 Brand Manager480,000650,000800,000 540,000-720,000 336,000-600,000 500,000-900,000 Corporate Communications,PR,Public Affairs Manager500,000850,0001,200,000 576

275、,000-900,000 480,000-1,440,000 240,000-1,080,000 Digital Marketing Manager480,000780,0001,200,000 600,000-960,000 840,000-1,440,000 550,000-700,000 Event Manager420,000650,0001,000,000 576,000-1,000,000 360,000-600,000 Customer Insight Manager480,000650,0001,000,000 450,000-700,000 Social Media/CRM/

276、Search Marketing Manager400,000580,000900,000 600,000-960,000 480,000-720,000 450,000-750,000 Ecommerce Manager450,000600,000950,000 600,000-960,000 420,000-1,680,000 200,000-800,000 Content Marketing Manager350,000600,000800,000 480,000-720,000 210,000-750,000 Art Director/Graphic Design260,000450,

277、000710,000Sales Leader600,0001,000,0001,500,000 720,000-1,100,000 540,000-900,000 500,000-900,000 Business Development Manager450,000700,0001,200,000 500,000-1,300,000 300,000-540,000 500,000-900,000 Key Account Manager450,000650,000970,000 540,000-720,000 396,000-576,000 480,000-800,000 Customer Su

278、ccess Manager360,000550,000800,000 540,000-720,000 360,000-660,000 Luxury Store Manager/Retail Manager650,000900,0001,400,000 576,000-900,000 480,000-780,000 500,000-800,000 Hong KongThe Ultimate Salary Guide:4 sources of salary data.1 salary Entry(Tier 1)Senior(Tier 2)Veteran(Tier 3)Annual Salary S

279、GD($)RolesLinks International 2024British Recruiter CoEU Recruiter CoJapan Recruiter CoMarketing Director120,000160,000230,000200,000-300,000156,000-216,000Marketing Manager80,000100,000190,000100,000-200,00099,600-120,000Digital Marketing Director130,000180,000260,000Content Marketing50,00080,00013

280、0,000120,000-150,000SEO/SEM/Social Media/CRMSEO/SEM/Social Media/CRM50,000100,000180,000100,000-200,000Public Relations50,00090,000180,00080,000-220,00036,000-84,000Art Director/Graphic Design50,00080,000130,00029,400-72,000Ecommerce60,000100,000180,000120,000-180,000Business DevelopmentManager60,00

281、0100,000180,000100,000-180,00072,000-120,000Account Manager60,000100,000170,00085,000-150,000Sales Manager100,000150,000180,00090,000-180,000Channel Manager60,000100,000210,000Commercial Director(Sales&Marketing)210,000290,000410,000SingaporeData Not Available2024|Links IEntry(Tier 1)Senior(Tier 2)V

282、eteran(Tier 3)Annual Salary RMB()RolesLinks International 2024British Recruiter CoEU Recruiter CoJapan Recruiter CoConsumer GoodsBrand Marketing242,400484,800848,400300,000-700,000300,000-960,000Digital Marketing266,640412,080727,200550,000-850,000300,000-840,000500,000-1,000,000Operation&Maintenanc

283、e218,160363,600670,610120,000-720,000Ecommerce Marketing218,160424,200642,360300,000-1,500,000300,000-1,440,000Channel Marketing242,400484,800727,200360,000-1,200,000500,000-800,000Regional Sales193,920387,840606,000400,000-800,000240,000-480,000450,000-1,300,000Regional Marketing181,800266,640363,6

284、00Ecommerce Key Account218,160424,200642,360300,000-480,000National Key Account218,160484,800787,800400,000-1,500,000300,000-840,000Mainland ChinaThe Ultimate Salary Guide:4 sources of salary data.1 salary Entry(Tier 1)Senior(Tier 2)Veteran(Tier 3)Annual Salary RMB()RolesLinks International 2024Brit

285、ish Recruiter CoEU Recruiter CoJapan Recruiter CoLuxury Goods and RetailRegional Store Management484,800727,2001,090,800960,000-1,440,000Business Development424,200606,000969,600300,000-2,000,000480,000-960,000350,000-1,800,000Distribution Management424,200606,000969,600EC Business Operations424,200

286、606,000969,600EC Business Marketing363,600606,000969,600Merchandising&Buying363,600606,000848,400500,000-700,000450,000-800,000Merchandise Planning363,600606,000848,400Merchandise Allocation303,000545,400787,800Visual Merchandising363,600484,800545,400250,000-400,000350,000-800,000Graphic Design303,

287、000484,800545,400240,000-480,000Retail Training363,600484,800606,000240,000-480,000Brand Marketing424,200545,400670,610Public Relations and Communications363,600545,400606,000400,000-700,000300,000-1,200,000400,000-700,000Digital Marketing424,200606,000727,200400,000-600,000300,000-840,000500,000-80

288、0,000Retail Marketing and Promotion363,600484,800545,400400,000-600,000Mainland China2024|Links IHuman Resources,Administration&Business SupportHong KongThe HR landscape in Hong Kong remains busy,with the government introducing visa schemes to attract talent.HRs crucial role extends beyond personnel

289、 matters to encompass HR finance.Links Internationals research identifies growing roles in 2024,particularly in office administration and secretarial positions.The Hong Kong government is dedicated to enhancing human resources planning.Initiatives include the Labour Departments Employment Programme

290、for the Elderly and Middle-aged(EPEM)96 and the Employees Retraining Board(ERB),offering over 700 courses across 28 industries to facilitate individuals entry or re-entry into the labour market.97SingaporeSingapore aims to reshape its HR landscape,targeting 15,000 certified HR professionals by 2027.

291、98 The Ministry of Manpower initiated the HR Industry Transformation Plan(HR ITP)in 2023,outlining a five-year roadmap to enhance HR practices.The plan focuses on digitalising HR processes,developing strategic capabilities,and adopting progressive practices.99 How does the plan impact HR professiona

292、ls?It provides them with the chance to enhance their organisations and employees capabilities by obtaining certification as HR practitioners.This involves acquiring future-ready skills,undergoing training,and earning badges that allow employers to verify competencies.Additionally,it offers opportuni

293、ties for HR professionals to foster leadership in the field.100Additionally,HR practitioners can use SkillsFuture credits to cover certification costs from late 2023.101 Singapore aims to reshape its HR landscape,targeting 15,000 certified HR professionals by 2027.The Ministry of Manpower initiated

294、the HR Industry Transformation Plan(HR ITP)in 2023,outlining a five-year roadmap to enhance HR practices.The plan focuses on digitalising HR processes,developing strategic capabilities,and adopting progressive practices.The Ultimate Salary Guide:4 sources of salary data.1 salary Mainland ChinaIn rec

295、ent years,technology application has notably surged in HR administration and business support sectors.Companies are transforming to intelligent management systems which are preserving the core strengths of traditional HR systems while seamlessly integrating features such as online recruitment,perfor

296、mance assessment,employee relations management,and online development.This evolution propels AI technology towards broader applications,engaging both employees and customers as active participants in modern HR systems.102 Key technologies like AI,machine learning,big data analytics,and automation to

297、ols are pivotal in revolutionising recruitment processes,refining employee performance evaluations,and shaping talent management strategies.By 2024,more companies will incorporate remote work or hybrid work models into their long-term strategies.This shift requires HR departments to reconsider emplo

298、yee participation and team collaboration methods while dealing with remote work-related policies and technical support.The Chinese governments commitment to bolstering human resources services is evident through continued policy support.The 2023 government work report set a new employment target of

299、12 million,highlighting the importance of addressing employment issues and bringing greater space and opportunities for the development of the HR industry.103MalaysiaIn Malaysia,the Human Resources Development Fund(HRDF)plays a central role in fostering growth and stability through human resources d

300、evelopment.The 2024 budget allocates RM1.6 billion for skills improvement and re-skilling initiatives,providing 1.7 million training placements through the Human Resources Development Corporation(HRD Corp).104During National Training Week 2023,HRD Corp offered over 5,000 free courses to Malaysians o

301、f all ages and employment statuses.105 Additionally,the Madani Training Programme will be conducted using special funds,including the reallocation of 15%of employer levy contributions.106Malaysia recognises the pivotal role of HR and continues to prioritise its development.During National Training W

302、eek 2023,HRD Corp offered over 5,000 free courses to Malaysians of all ages and employment statuses.Malaysia recognises the pivotal role of HR and continues to prioritise its development.2024|Links IEntry(Tier 1)Senior(Tier 2)Veteran(Tier 3)Annual Salary HKD($)RolesLinks International 2024British Re

303、cruiter CoEU Recruiter CoJapan Recruiter CoHR Director750,000 1,200,000 2,350,000 1,300,000-2,500,000840,000-1,680,0001,400,000-1,800,000Human Resources Business Partner/HR Manager510,000 640,000 930,000 600,000-804,000480,000-960,000400,000-840,000Talent Acquisition/Recruitment360,000 1,030,000 1,7

304、00,000 360,000-1,200,000240,000-1,440,000299,000-1,200,000Compensation&Benefits/Payroll360,000 1,080,000 1,800,000 360,000-1,800,000299,000-1,200,000Learning&Development/Training 320,000 850,000 1,300,000 900,000-1,300,000240,000-1,440,000299,000-1,200,000HR Executive260,000 350,000 460,000 228,000-

305、324,000Office Manager390,000 550,000 770,000 540,000-780,000420,000-780,000325,000-585,000Executive Assistant320,000 450,000 680,000 432,000-816,000336,000-660,000Personal Assistant350,000 510,000 740,000 504,000-780,000420,000-780,000360,000-600,000+Administration280,000 390,000 550,000 480,000-750

306、,000208,000-320,000Secretary240,000 370,000 550,000 336,000-540,000300,000-540,000280,000-500,000+Receptionist210,000 260,000 400,000 240,000-384,000240,000-324,000208,000-335,000Legal Secretary320,000 410,000 510,000 276,000-576,000Company Secretary420,000 800,000 1,350,000 Customer Service/Call Ce

307、nter210,000 260,000 335,340 216,000-660,000Hong KongThe Ultimate Salary Guide:4 sources of salary data.1 salary Entry(Tier 1)Senior(Tier 2)Veteran(Tier 3)Annual Salary SGD($)RolesLinks International 2024British Recruiter CoEU Recruiter CoJapan Recruiter CoHR Director 150,000190,000290,000160,000-350

308、,00096,000-180,000Human Resources Business Partner/HR Manager 90,000120,000190,00090,000-160,00054,000-138,000Talent Acquisition/Recruitment 50,000100,000170,00050,000-240,00036,000-105,600Compensation&Benefits/Payroll 50,000120,000170,00060,000-240,00036,000-120,000Learning&Development/Training 60,

309、000120,000170,00055,000-200,000HR Executive 50,00070,00090,00040,000-90,00033,600-72,000Office Manager 70,000100,000140,00070,000-120,00050,400-110,400Executive Assistant 50,00080,000120,00070,000-110,000Personal Assistant 70,00090,000140,00065,000-110,00042,000-72,000Administration 50,00070,000100,

310、00040,000-60,000Secretary 50,00070,000100,00036,000-72,000Receptionist 30,00050,00080,00033,000-48,00030,000-50,400Legal Secretary 60,00070,00090,00048,000-72,000Company Secretary 80,00090,000120,00036,000-72,000Customer Service/Call Center 40,00050,00060,000SingaporeData Not Available2024|Links IEn

311、try(Tier 1)Senior(Tier 2)Veteran(Tier 3)Annual Salary RMB()RolesLinks International 2024British Recruiter CoEU Recruiter CoJapan Recruiter CoCommerce&IndustryHR VP/Chief HR Officer2,000,0003,250,0004,500,0002,500,000-4,000,0001,200,000-3,000,000HR Director1,000,0001,750,0002,500,0001,500,000-2,000,0

312、001,000,000-1,500,000Head of Compensation&Benefits1,000,0001,750,0002,500,0001,200,000-2,000,000Head of Organisational/Talent Development1,000,0001,500,0002,000,0001,200,000-1,800,000650,000-1,500,000Head of HR SSC800,0001,150,0001,500,000900,000-1,400,000Head of Talent Acquisition/Director1,000,000

313、1,500,0002,000,0001,200,000-1,800,000650,000-2,000,000HR Business Partner400,000950,0001,500,000500,000-1,000,000400,000-800,000Compensation&Benefits Manager400,000600,000800,000500,000-700,000400,000-600,000Talent Development Manager400,000600,000800,000500,000-700,000400,000-800,000Learning/Traini

314、ng Manager350,000450,000550,000380,000-520,000400,000-600,000Talent Acquisition Manager300,000500,000700,000400,000-600,000HR SSC Manager300,000400,000500,000350,000-450,000HRIS/HR Technology Manager300,000425,000550,000400,000-500,000HR Manager300,000500,000700,000400,000-600,000400,000-600,000Offi

315、ce Manager200,000400,000600,000300,000-500,000Executive Assistant200,000350,000500,000250,000-400,000Mainland ChinaData Not AvailableThe Ultimate Salary Guide:4 sources of salary data.1 salary Supply Chain,Sourcing&ManufacturingHong KongIn Hong Kong,the trade and logistics sector stands as one of th

316、e citys four key pillars,contributing to one-fifth of the GDP and supporting over 610,000 jobs.107 Given its significance,the Hong Kong government is strategically focused on the sector,most recently unveiling the Action Plan on Modern Logistics Development.This comprehensive plan encompasses eight

317、strategies and 24 recommended actions,with the overarching goal of consolidating and promoting Hong Kong as a global logistics hub.108Research conducted by Links International reveals that companies are set to increase budgets this year,aligning with their expansion plans,and there will be heightene

318、d demand for professionals in key roles,including:End-to-end supply chain Sourcing&Procurement PlanningHowever,it is anticipated that roles in traditional logistics may experience a decline.The market is expected to experience significant mobility,with employees seeking better roles and greater oppo

319、rtunities where they exist.Employers should anticipate and be prepared for such trends.SingaporeSingapore is actively cultivating growth in the Supply Chain,Sourcing,and Manufacturing sector.In 2023,the nation unveiled plans for 700 new jobs catering to professionals,managers,executives,and technici

320、ans(PMETs)possessing advanced digital knowledge and skills in supply chain management,extending through 2025.109 This initiative aligns with Singapores observation that companies in the energy&utilities and logistics&transformation sectors have exhibited notable growth.110 Notably,industry leader Ma

321、ersk,a shipping and logistics giant,is making a substantial investment of US$500 million to fortify and expand its supply chain in Southeast Asia.In Singapore,the company is set to enhance warehouse capacity at Changi Airport,with the strategic goal of establishing a regional air freight hub to supp

322、ort its air cargo business.111 In a collaborative move,Singapore is proactively partnering with Malaysia and Indonesia to reinforce its regional supply chain.This initiative aims to preserve Singapores status as one of the worlds premier financial centres and leverage the ongoing wealth shift toward

323、s Asia.112 Mainland ChinaFor procurement and supply chain teams in China,2024 will mark a new beginning,as the integration of AI and digital technology will help these teams redefine their value propositions.Leading companies are eliminating barriers and building trust through organisational streaml

324、ining,process reengineering,fostering ecological partnerships,and deploying digital collaboration platforms.These efforts are yielding substantial enhancements in supply chain coordination efficiency.113 With the momentum of Made in China 2025,Chinese manufacturing and retail companies are embracing

325、 intelligent manufacturing,but many companies are still in the nascent stages of leveraging these advancements within their supply chains.114 2024|Links IThe government has also rolled out a series of policy measures,such as Made in China 2025 and Internet Plus,aimed at promoting industrial evolutio

326、n,encouraging companies to adapt technological innovation,and accelerating the pace of intelligent manufacturing.Employees in procurement and supply chain departments need to possess skills in emerging areas such as ESG,AI,and digitization,while also maintaining proficiency in traditional areas such

327、 as cost-effectiveness and resilience.115 MalaysiaIn Malaysia,the sector is undergoing notable developments.The shift of Chinese manufacturers relocating parts of their supply chains from the mainland,driven by geopolitical risks and escalating costs,presents an opportunity for Southeast Asian natio

328、ns,including Malaysia,to experience increased activity in the supply chain.116Positioned as a hub for manufacturing and maintenance,repair,and overhaul(MRO)services,Malaysia has effectively attracted foreign direct investment,fostered innovation,and cultivated a highly skilled workforce.117 Examples

329、 of this progress include:1.Sumitomo Corporation,ENEOS Corporation,and SEDC Energy Sdn Bhd have formalised a Joint Development Agreement for establishing a clean hydrogen supply chain in Malaysia.This collaborative initiative aims to capitalise on renewable energy sources,particularly hydropower in

330、Sarawak.1182.Malaysias proactive leadership has garnered renewed interest in chipsets and semiconductor manufacturing.Notably,semiconductor solutions firm Infineon now has a larger employee presence in Malaysia than in its home base.119Employees in procurement and supply chain departments need to po

331、ssess skills in emerging areas such as ESG,AI,and digitization.The Ultimate Salary Guide:4 sources of salary data.1 salary Entry(Tier 1)Senior(Tier 2)Veteran(Tier 3)Annual Salary HKD($)RolesLinks International 2024British Recruiter CoEU Recruiter CoJapan Recruiter CoHead of Procurement1,000,0002,150

332、,0002,900,0001,150,000-2,300,0001,320,000-1,800,000Senior Procurement Manager700,000900,0001,200,000715,000-820,000840,000-1,080,000Procurement Manager500,000680,000870,000494,000-780,000540,000-780,000432,000-660,000Senior Procurement Officer300,000400,000500,000351,000-494,000300,000-420,000Procur

333、ement Officer200,000300,000400,000273,000-325,000192,000-300,000Sourcing Director/VP1,000,0001,500,0002,000,0001,270,000-1,950,000900,000-1,080,000Sourcing Manager/Category Manager400,000540,000810,000546,000-806,000Operations Director800,0001,050,0001,300,000884,000-1,200,000Operations/Logistics Manager400,000600,000800,000455,000-720,000420,000-540,000480,000-660,000Trade Lane Manager400,000600,