HR professionals in Singapore can expect to earn up to S$400k a year

The latest Robert Walters Global Salary Survey has revealed positive job market for those who possess both traditional and new technology skills, are up-to-date with digital trends, have strong analytical skills, are resilient in the face of change, can multi-task, and are proficient in multiple ASEAN languages.

The survey also reported that with the support of the Fair Consideration Framework, demand for local talent is expected to remain high, and employers invest more in attracting, hiring and retaining both locals and Singaporeans based overseas to address the talent shortage.

As inflation rates in Singapore likely to remain flat, significant salary increases are unlikely. However, candidates with in-demand skills, such as digital marketing and cyber security, can expect to see increments in their annual salary reviews, especially those with knowledge of the local market.

Toby Fowlston, managing director of Robert Walters Southeast Asia, commented: "To secure high-potential talent, we advise hiring managers to make fast and strategic hiring decisions, using engaging and seamless interview processes. Top talent can be retained with good succession planning and career progression opportunities, as well as monetary incentives."

[*All salary increments mentioned are for professionals switching jobs.]

Human Resources

HR in 2018 is expected to be a client driven market with demand set to be high for business-savvy HR professionals with change management experience.

Greater demand is also anticipated for senior regional learning and development professionals, especially those skilled in leadership development and organisational design; as well as strategic talent acquisition leaders who are able to head regional teams and design and develop solid recruitment strategies and talent management initiatives.

On that note, HR professionals looking to switch jobs in 2018 can expect to receive salary increments of between 10-15% in 2018. HR generalists with more than 12 years of experience can expect an annual salary of between S$200,000 to S$400,000.

Infographics / Robert Walters Lead photo / 123RF