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Monroe Consulting Group INDONESIAN JOB MARKET Monroe Overview Executive Recruitment Firm Established in 1998 Focused on S.E.A Mid to Senior Level Appointments Service 4 key Industries 6 years in Indonesia Part of International network Experts in professional recruitment Job Availability / Candidate Availability 120 100 80 60 40 Jobs 20 Candidates 0 Unskilled Fresh Graduate Mid Level Senior Indonesia has an over supply of people at the low end and under supply at the top Skills Shortage Indonesian CEO were recently asked “Does your organization have a shortage highly qualified staff?” 11% 5% 10% Serious Shortage Significant Shortage 32% 42% Some Shortage Little Shortage No Shortage Statistics provided by Castle Asia Indonesian CEO were recently asked “The lack of skilled people is most apparent in . . .” Job Types Technical Marketing & Sales HR Financial Other Job Levels 138 135 132 131 47 Middle Management Senior Management Production/Operations Entry Level Other 164 135 128 102 25 0= No lack of skilled people; 5 = Serious lack of skilled people Statistics provided by Castle Asia Indonesian CEO were recently asked “Lack of available qualified personnel is mainly found in . . .” Indonesian Nationals 196 Expatriates 76 Both 63 0= No lack of skilled people; 5 = Serious lack of skilled people Statistics provided by Castle Asia Indonesian CEO were recently asked “Obstacles to daily operations and business growth.” Difficult to find qualified management staff Government's inconsistent application of regulations Government's rigid employment regulation Legal restrictions on firing staff Difficult to find qualified technical staff Restrictions on expatriate work permits Difficult to find qualified expat staff Maximum retirement age Age limits on expat staff 183 171 170 169 161 142 108 98 76 Statistics provided by Castle Asia Overheated Job Market The current skills shortage at the mid to senior level in Indonesia has resulted in an overheated job market. Salaries at the top level are accelerating faster than lower levels, widening the economic gap. Top tier employers are waging a talent war as they try to secure the best people Salary increases between 20% - 30% to entice people to change employer My Profile Bachelor of Communication, Hogeschool van Arnhem en Nijmegen, The Netherlands Passionate about people and communication 3 years in recruitment – internal and external recruiter Successfully placed 21 Senior professionals this year (and still counting) Division Head of Finance and Banking Youngest Division Head in Monroe Consulting Group Hiring Overseas Graduates Degree? Will be recognised as a highly desirable. However it is not just about the university education but the life experience gained. You are all going to be hired because of these qualities: Adaptable Outspoken Independent English Fluency Communicative Performance Driven Open minded Conquering the Job Market Have the attitude of – “I am responsible for my own career!” Stay hungry, stay foolish – Keep learning. Taking-on-challenge mentality Get specialized, be the expert! Be loyal, stick to your company for a reasonably long period of time. Get headhunted! You are in one of the best countries there are! Emerging market = Great Opportunities. Are you going to be the part of the success? Good Luck! www.monroeconsulting.com