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| Thursday, 8 March 2012, 10:00 HKT | |
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Source: Robert Walters | |
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Seoul, Mar 8, 2012 - (ACN Newswire) - Robert Walters, one of the world's leading specialist professional recruitment consultancies, has released its 2012 Salary Survey. Now in its 13th edition, the annual Robert Walters Global Salary Survey has been helping clients and job-seekers determine current salaries for professional careers in Korea and across our network of 23 countries worldwide.
Key findings for Korea and Asia:
OVERVIEW FOR 2011
GENERAL CLIMATE OF CAUTION WITHIN ASIA
- Most organisations proceeded with cautious optimism due to the troubled US and European economies within Asia
- Within financial hubs in Asia namely Hong Kong and Singapore, the banking and financial services sectors were impacted by global economic uncertainty which led to banks hiring conservatively
- In Japan, domestic companies looked to generate profit by expanding within Asia as economic growth remained stagnant
KOREAN COMMERCE SECTORS EXPERIENCED GROWTH
- B2C companies increased their recruitment of online professionals to expand their e-commerce capability and to grow their presence online
- There was strong recruitment activity amongst IT-sector companies as they prepared for product launches and implemented expansion plans
- Volatile financial markets impacted the Korean financial services sector with only moderate hiring levels witnessed
OUTLOOK FOR 2012
CAUTIOUSLY OPTIMISTIC SENTIMENT FOR ASIA
- For many companies in Asia, the same cautious approach from 2011 is likely to carry on into 2012
- While most companies in Asia remain conservative in hiring, the job market remains buoyant in emerging markets such as Malaysia, Indonesia, Thailand and Vietnam
- Banks and financial services firms throughout Asia may adopt a 'wait-and-see' approach initially, companies will continue to hire for critical positions
CANDIDATE SHORTAGE TO CONTINUE IN KOREA
- Increased competition for bilingual professionals is anticipated as more Korean firms expand into markets overseas
- Salary increases of 10% are projected for job-seekers for many professional positions
- Securing top talent will remain a challenge with the talent pool in Korea expected to remain candidate-short
For more comprehensive insight and detailed yearly salaries, please visit
http://www.robertwalters.co.kr/en/career-advice/salary-survey.html
The Global Salary Survey
The Robert Walters Salary Survey provides an in-depth analysis of salaries and recruitment trends earned around the world. The Korea section covers accounting & finance and sales & marketing sectors.
About Robert Walters
Since our first office opened in London, England in 1985, Robert Walters has become one of the leading international recruitment consultancies operating across 23 countries in 47 offices worldwide. We use our distinct advantages of size, proven track record and unparalleled global network to provide permanent recruitment solutions across all industry sectors and levels of seniority. www.robertwalters.co.kr
Contact:
Anthony Modrich, Korea Country Manager
t: +82 (0)2 6030 8810
e: anthony.modrich@robertwalters.co.kr
Ambrose Lau, PR Specialist
t: +81 (0)3 4570 1513
e: ambrose.lau@robertwalters.co.jp
Mar 8, 2012
Topic: Press release summary
Sectors: Financial General, Business General
http://www.acnnewswire.com
From the Asia Corporate News Network
Copyright © 2013 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
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