APAC-Salary Data - December 2020
Like other regions, 2020 hasn’t seen much movement in salaries for Management Consultants in general. However, there has been upward pressure on salaries at the senior levels. This is coming from firms looking to secure senior talent in unstable times and needing to use money is the tool of choice.
Therefore, overall the salaries have increased by 1.7% in general but we have documented 24% increases in those hard to find skills.
Hover mouse over charts for details.
APAC -Permanent Base Salaries (shown converted to USD)
APAC - Average Bonus payments
Reported bonuses and ‘revenue share’ schemes are definitely down at during 2020. Percentage figure shown is based on the average salary for the grade and paid annually. There is always a stronger reward for more sales activity but a slow down in certain areas is having a negative effect on these payments as in other regions.
APAC - Average annual bonus %
APAC-Salary Difference by between firms
There is a considerable difference between firms salary structures in the region. We have chosen 4 basic grades to highlight the matter.
* Due to the differences in grade names/job titles at the various firms, the chart is included as a visual indication of the differences and only a deep dive of the background data should be used for formal salary validation.
APAC-Salary differences by types of firms (USD$)
APAC - What employees most value in the region
When questioned, the following pie chart shows what percentage of respondants valued a feature as important in their curren tor future work environment. This region consistentialy has money as the most important and job security as the least. We’ve not seen this change for several years.