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2009 Quarter 2 HR Salary and Economic Outlook Report: Movements in HR Salaries Not Predictable Across the Region

Posted: 19.05.09

The Chapman Consulting Group this week released the 2009 Quarter 2 Salary Report for the Human Resources profession across Asia Pacific Japan. Our salary report is based on collective discussions during March and April 2009 with HR practitioners based in Singapore, Hong Kong, Tokyo, Shanghai and Sydney.

Our salary report highlights the average base salary band for HR Head, HR Business Partner, Resourcing, Compensation and Benefits, Organisational Development and HR Operations talent in both regional and local positions in the above locations. The bands synthesise both current salaries that HR practitioners are being paid in their existing jobs, plus salaries being offered for new HR positions.

Average HR salaries in Singapore, Hong Kong and Tokyo look set to slightly decrease across both generalist and specialist HR positions. This is on the back of minor salary decreases which were also experienced in the January to March Quarter of this year. "Expectations are that due to the greater supply of HR practitioners currently in the market, coupled with proportionally fewer jobs, HR salaries on average will decrease approximately 3-5 % in the second quarter of 2009", said Matthew Chapman, Managing Director of The Chapman Consulting Group. "Part of this is being driven by the open-mindedness of some talent now on the market to accept lower salaries due to their eagerness to resume employment", said Chapman.

This is an excerpt. For the full press release, please download the PDF version below.