The latest Michael Page Malaysia Salary Benchmark 2019 has revealed the expected base salaries of HR professionals this year.

These numbers are broken down according to specific sectors: financial services, healthcare and pharmaceutical, services and technology and telecommunications, and include the average salary increase when professionals switch jobs of similar functions.

Financial services

This sector has seen a 5% increase in the number of jobs posted in the last 12 months. Professionals can expect an average salary increase of 18 to 23% when switching jobs of similar industries.

The three HR roles with the highest minimum, maximum and average base salary range for 12 months are:

Recruitment head/ talent acquisition head Minimum: RM144,000 Maximum: RM240,000 Average: RM192,000

Head of talent management Minimum: RM204,000 Maximum: RM360,000 Average: RM282,000

CHRO/HR director Minimum: RM400,000 Maximum: RM840,000 Average: RM620,000

 

Healthcare and pharmaceutical

This sector saw an 18% increase in job postings in the last 12 months, with top roles in demand including the HR manager. An average of 18% to 23% increase in salary can be expected for professionals switching jobs of similar industries.

The report broke up HR professionals in the healthcare and pharmaceutical sector into three functions: compensation and benefits, learning and development, and general HR.

For compensation and benefits, the base salaries for 12 months for the two roles listed are:

Compensation and benefits specialist Minimum: RM60,000 Maximum: RM120,000 Average: RM90,000

Head of compensation and benefits Minimum: RM180,ooo Maximum: RM320,000 Average: RM250,000

In the learning and development function, the base salaries for the two roles roles listed are:

Learning and development specialist Minimum: RM48.000 Maximum: RM120,000 Average: RM84,000

Head of learning and development Minimum: RM120,000 Maximum: RM240,000 Average: RM180,000

For general HR, the three roles with the highest base salaries are:

Recruitment head/ talent acquisition head Minimum: RM120,000 Maximum: RM240,000 Average: RM180,000

Head of organisational development Minimum: RM180,000 Maximum: RM300,000 Average: RM240,000

Head of talent management Minimum: RM180,000 Maximum: RM300,000 Average: RM240,000

CHRO/HR director Minimum: RM240,000 Maximum: RM400,000 Average: RM320,000

 

ALSO READ: The top 3 hiring trends for HR professionals in 2019

Manufacturing and industrial

There was a 15% increase in job postings in this sector in the past year, and professionals can expect a 10-15% average salary increase when switching jobs of similar functions.

Similar to the previous sector, the HR function is broken up into compensation and benefits, learning and development, and general HR for which the base salaries are as follows:

In the compensation and benefits function, the roles listed are:

Compensation and benefits specialist Minimum: RM60,000 Maximum: RM96,000 Average: RM78,000

Head of compensation and benefits Minimum: RM144,ooo Maximum: RM240,000 Average: RM192,000

The base salaries for both roles in the learning and development function are:

Learning and development specialist Minimum: RM48.000 Maximum: RM96,000 Average: RM72,000

Head of learning and development Minimum: RM108,000 Maximum: RM240,000 Average: RM174,000

Lastly, the three top general HR roles will receive the following base salaries for 12 months in 2019:

HR business partner (senior) Minimum: RM144,000 Maximum: RM260,000 Average: RM202,000

Head of organisational development Minimum: RM160,000 Maximum: RM250,000 Average: RM205,000

CHRO/HR director Minimum: RM210,000 Maximum: RM480,000 Average: RM345,000

 

Services

This sector saw a 19% increase in the number of jobs posted in the last 12 months, with an average salary increase of 15% to 20% when professionals switch between jobs of similar functions.

The average base salary for the three highest paying HR roles in the services sector ranges from between RM228,000 to RM420,000. Broken down, the base salary range for each is:

General manager Minimum: RM192,000 Maximum: RM264,000 Average: RM228,000

HR director Minimum: RM258,000 Maximum: RM318,000 Average: RM288,000

Chief HR officer Minimum: RM360,000 Maximum: RM480,000 Average: RM420,000

 

Technology and telecommunications

In this sector, there was a 38% increase in the number of job postings in the past 12 months, with professionals receiving an average salary increase of 10% 22% when moving between roles of similar functions.

In this sector, the compensation and benefits director, talent acquisition director and talent management manager saw the highest average base salary for 12 months.

Compensation and benefits director Minimum: RM216,000 Maximum: RM276,000 Average: RM246,000

Talent acquisition director Minimum: RM168,000 Maximum: RM250,000 Average: RM209,000

Talent management manager Minimum: RM120,000 Maximum: RM132,000 Average: RM126,000

 

Photos / Michael Page