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Top 10 High-Earning Professions in Indonesia 2024: Insights for Singapore Employers
Get ahead in 2024 with the top 10 high-earning professions in Indonesia. Discover impressive salaries from C-suite executives to specialized directors!
Updated Aug 6, 2024
Top 10 High-Earning Professions in Indonesia 2024: Insights for Singapore EmployersTo attract and retain top talent in 2024, understanding high-earning roles in Indonesia is key. According to a recent survey by Michael Page, several roles in Indonesia offer impressive salaries and present significant opportunities for both local and international companies.
From C-suite executives to specialized directors, this guide highlights the top 10 highest-paying jobs in Indonesia, helping employers identify key positions to target and stay competitive in the dynamic job market.
Explore these high-earning roles to ensure your company attracts the best talent available!
1. C-suite Positions
- Chief Technology Officer and Chief Product Officer in Digital and Technology: SGD 18,500/month
- Chief Investment Officer in Property and Construction: SGD 16,600/month
- Chief Operating Officer: SGD 13,600 – SGD 16,600/month
- Chief Financial Officer: SGD 11,000 – SGD 16,600/month
C-suite executives play a pivotal role in companies by providing strategic leadership, vision, innovation, financial management, operational excellence, and risk management. They are essential for driving organizational success, growth, and sustainability.
2. Director, Mining Sector
Estimated Salary: SGD 21,500/month
The mining sector offers some of the highest salaries, particularly for director positions. Despite the high risks, such as safety hazards and remote work locations, the lucrative pay continues to attract many candidates.
3. Risk Director
Estimated Salary: SGD 16,600/month
A risk director, working in compliance and risk management, helps organizations make informed decisions, protect their assets and reputation, and ensure legal and regulatory compliance.
They collaborate with various departments to create a comprehensive and effective risk management framework.
4. Vice President, Government Relations
Estimated Salary: SGD 7,600 – SGD 14,500/month
Government relations in public relations can lead to high-paying jobs. Depending on the industry, such as energy and natural resources or financial services, the salary ranges from SGD 7,300 to SGD 13,800 per month.
Their role includes strategic planning and maintaining productive relationships with government authorities to facilitate the company's objectives.
5. Sales Director
Estimated Salary: SGD 8,600 – SGD 13,600/month
Sales directors are crucial for companies as they guide sales teams, drive revenue growth, and ensure sales targets are met. They identify new business opportunities and optimize sales processes.
If you're interested in this field, job portals like Epicareer offer various sales job opportunities from staff to executive levels.
6. Project Director
Estimated Salary: SGD 11,000 – SGD 13,600/month
Project directors oversee critical decisions related to project governance, such as budget adjustments and resource allocation, to ensure project success and compliance. They manage budgeting, stakeholder communication, risk management, and quality assurance.
7. Operations Director
Estimated Salary: SGD 12,600/month
Reporting to the chief operating officer, operations directors collaborate with executive teams to develop and implement strategic plans, optimize operational processes, ensure product/service quality, manage supply chains, and ensure legal compliance.
8. Senior Vice President in Banking Sector
Estimated Salary: SGD 11,000/month
Senior vice presidents (SVP) or executive vice presidents (EVP) in investment banking earn an average monthly income of Rp130,000,000. They manage client relations, promotional strategies, and business deal negotiations.
9. Head of Engineering
Estimated Salary: SGD 10,900/month
Middle management positions like the head of engineering, especially in the digital and technology sectors, offer significant salaries. They plan, coordinate, and execute software development projects.
If you're interested in engineering jobs, check here for listings across different industries with salary details.
10. Director, Manufacturing Sector
Estimated Salary: SGD 9,800/month
The manufacturing sector also offers high-paying jobs for director positions. Their responsibilities include collaborating with executive and middle management teams to enhance operational efficiency, manage product quality, and oversee supply chain needs.
FAQ About High-Earning Professions in Indonesia 2024
What factors contribute to the high salaries for these professions?
High salaries in these professions are typically due to their critical roles in strategic leadership, financial management, operational excellence, and risk management. These positions often require advanced expertise, significant experience, and the ability to drive organizational success.
What is high income in Indonesia?
According to the Word Bank, a country can be released from the MIT if its gross domestic product (GDP) per capita is more than US$13,845, meaning that at least one person's income reaches Rp 18 million ($1,124)/month.
What is a decent salary in Indonesia?
The average annual salary in Indonesia is 146,000,000 IDR or 9,872 US Dollars (according to the exchange rates in May 2023).
Enhance your recruitment strategy and find skilled Indonesian professionals with Epicareer for Employers.
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