We are pleased with Horizons expertise and the fact that they are flexible, responsive, and easily accessible from Belgium. statistic alerts) please log in with your personal account. A paid subscription is required for full access. Heres a list of the average increment rates of few prominent industries: Heres a list of the average salary increase rate by experience level: Apart from annual salary increments, Indonesian employees receive bonuses. The figures displayed here account only for direct increments to the base salary. In that respect, this report is not a crystal ball, and some jobs may not even be open to you as an expat. Reading from the salary distribution diagram, 25% of the population in Jakarta earn less than 8,620,000 IDR while 75% of them earn more. ", "I truly appreciated the thoroughness and the professionalism of Horizons personnel while we hired internationally with them. This method is more accurate than just the average salary and gives more insights into how salaries are actually distributed in Indonesia. Average salaries in Indonesia significantly vary according to your career field. It's important to note that during this period, any salary increases are unlikely, assuming ongoing employment. Then you can access your favorite statistics via the star in the header. A person working in Jakarta typically earns around 13,800,000 IDR. Cost of living can be much lower than what is listed on this website. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. The IT and communications industry accounts for 2.7 percent of Indonesias US$900. An example of data being processed may be a unique identifier stored in a cookie. This implies that half of the populations average salary in Indonesia is less than the median, while the other half earns more than the median. Some companies offer upgraded packages to their staff instead of cash money. The average cost of living in Jakarta is $722, which is in the top 30% of the least expensive cities in the world, ranked 6525th out of 9294 in our global list and 2nd out of 82 in Indonesia. My budget is less than the average salary in Indonesia. Surprisingly, Kellys report doesnt show us any really big salary figures for the construction space. * Based on the average change in salary over time. They were knowledgable on all subject matters pertaining to international employment. IDR 13,755,878. Cost of living in Indonesia is, on average, 58.5% lower than in United States. On average, individuals who change jobs after earning a higher degree receive a salary increase of about 10% more than the typical annual raise.Ultimately, deciding whether or not to pursue advanced education depends on a variety of factors, including the personal situation and experience. If you see some comments that contain only bad things about Jakarta, then dont believe it 100%. The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency. All data are based on1,950 salary surveys. Indonesia: average monthly net wage by sector 2022 | Statista Salaries in Indonesia vary drastically between different careers. We grouped the most common and recurring salaries into brackets to give more insight into what salary to expect. There are a multitude of factors that contribute to a person's salary. Amazon is entering Indonesia this year and Alibaba has already acquired Lazada one of the largest online retail players to date in Indonesia and Southeast Asia for US$1 billion. All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Would you like to see how prices increased over time? For instance, the management sector is among the high-paying sectors with an average salary of 4.1M IDR. All data are based on 1,869 salary surveys. The minimum pay rate per hour for a person in Indonesia is 17,700 IDR. in the information technology sector. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The differences occur due to their respective posts in the field. Am I missing something? Listed above are the average annual increase rates for each industry in Indonesia for the year 2022. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). According to the Indonesian Ministry of Labor, the official minimum wage in Indonesia in 2023 ranges from 1,981,782 (Yogyakarta) to 4,901,798 (Jakarta) rupees per month depending on the province, which is equivalent to 135 and 330 U.S. dollars respectively. * Based on the average change in salary over time. Generally, the salary of employees with two to five years of experience will be 32% more than at an entry level employee. Your use of this service is subject to our OECD statistics. Hourly Wage = Annual Salary / ( 52 x 5 x 8 ), Airlines / Aviation / Aerospace / Defense, Media / Broadcasting / Arts / Entertainment. (approx $1,200US) I took a $2,000 pay cut, to live and work in Indonesia. Employees who have a job in marketing, architecture, and sales fields receive high bonuses when compared to those who work in the construction or hospitality industries. The maximum salary range from Rp 150 million to Rp 250 million/month, in the sectors of Property & Construction, Business & Financial Sevices, Consumer & Retails, and Industrial & Manufacturing. Well, the average annual salary, including transport, housing, and other benefits, is 160,046,778 IDR ($11,165)/yr or 13,345,000 IDR ($931)/month for salaried jobs. It is the commercial center of Indonesia and a financial hub due to being the most important export center of the country. Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices. The figures mentioned above are good approximations and are considered to be the standard. 3,750,000 KRW. But the term infrastructure can mean a lot of different things. The amount of the bonus will probably be different from person to person depending on their role within the organization. However, some nearby countries are highly developed, such as Singapore, and have far higher average wages than Indonesia. Coming back closer to planet Earth, a Head Product Control in the banking sector can earn between Rp.50 million (US$3,749) and Rp.90 million (US$6,749) per month. A Senior Finance Manager for a bank can earn Rp.45 million (US$3,374) and Rp.60 million (US$4,500). If this is something youre trying to answer by doing a bunch of different Google searches, Ill go ahead and stop you by saying there is no magic source that can tell you exactly the kind of deal you can expect. A worker with a certificate or diploma earns 17% more than someone who has only graduated high school. Distribution of Expenses Using Our Statistical Model: Copyright 2009-2023 Numbeo. As of February 2022, the information and communication industry was the highest-paying sector in Indonesia, with an average monthly net wage of about 4.86 million Indonesian rupiah. New research on who's asking for raises and who's getting them as well as advice on how to ensure you're getting the salary you deserve. The median after-tax salary is $490, which is enough to cover living expenses for 0.7 months. If your job title is Offshore Installation Manager, you can expect to earn roughly the same wage as a business development manager. Those figures should be taken as general guidelines. That said, Project Managers in the engineering, procurement and construction space can earn Rp.45 million (US$3,374) to Rp.85 million (US$6,374) and a Project Manager for a high-rise building can earn Rp.30 million (US$2,250) to Rp.70 million (US$5,250) per month. The consent submitted will only be used for data processing originating from this website. The figures mentioned above are good approximations and are considered to be the standard. Average monthly net wage Indonesia 2022, by sector, Employment by economic sector in Indonesia 2021, To download this statistic in XLS format you need a Statista Account, To download this statistic in PNG format you need a Statista Account, To download this statistic in PDF format you need a Statista Account. Salaries in Indonesia are on the rise in the year 2023 based on recently submitted salaries and reports. Step-By-Step Pay Equity Analysis Guide Product Guide By clicking Download Product Guide, Do you know what your employees really want for the holidays? Salary: Teacher in Jakarta, Indonesia 2023 | Glassdoor Professionals with a Bachelors degree receive 24% more than those with a certificate or diploma. Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. While still nascent, the digital sector is seen as the likely engine of growth for the country. You may still be able to hire the talent you need in Indonesia. Major industry sectors in the country are services, manufacturing, agriculture, fishing, mining, and construction. Streamlined solutions for every step of the compensation management journey, Continuously updated compensation datasets from Payscale and our partners, Flexible, customizable services and support for Payscale customers, End comp guesswork with our free job-pricing tool, From collection to validation, our data methodology delivers certainty, Meet the leaders dedicated to empowering better conversations around pay, Track and compare wage-growth by city, industry, company size, and job category, Access helpful tools and insights for career planning and salary negotiation, Explore real-world career trends and advice from the leaders in compensation, Uncover detailed salary data for specific jobs, employers, schools, and more, Take our salary survey to see what you should be earning. Salary: Manager in Jakarta, Indonesia 2023 | Glassdoor Manager Salaries Overview Salaries Interviews Insights Career Path How much does a Manager make in Jakarta, Indonesia? Get out as quickly as possible from this hell, before u turning into zombie. I spend 60% of my time at home. 85/8610997 Berlin+49 30 3119 9653, Asia-Pacific & Oceania261 Waterloo StreetWaterloo Center, Singapore+65 3158 1382, Horizons 2023 Privacy Imprint & Terms Third-Party Processors. Cost of Living in Indonesia. Prices in Indonesia. Updated Jul 2023 - Numbeo So who gets paid more: men or women? The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase. For foreigners, finding a job is quite different as it already has a massive population of its own looking for the job. Rocket Internet is well known for parachuting expats into the ecosystem. Your use of this service is subject to our, Analysis of our Consumer Price Basket in Jakarta, Meal for 2 People, Mid-range Restaurant, Three-course, McMeal at McDonalds (or Equivalent Combo Meal), Beef Round (1kg) (or Equivalent Back Leg Red Meat), Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car), Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car), Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment, Mobile Phone Monthly Plan with Calls and 10GB+ Data, Internet (60 Mbps or More, Unlimited Data, Cable/ADSL), Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child, International Primary School, Yearly for 1 Child, 1 Summer Dress in a Chain Store (Zara, H&M, ), Price per Square Meter to Buy Apartment in City Centre, Price per Square Meter to Buy Apartment Outside of Centre, Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate, A family of four estimated monthly costs are, A single person estimated monthly costs are, The price of Eggs (regular) (12) in the year 2012 in Jakarta was 15,828.93Rp. The correlation between higher education and higher salary is widely acknowledged, but how much of an income increase can one expect from obtaining a degree?We conducted a study in Jakarta comparing the salaries of professionals with different levels of college degrees who held similar positions in various industries.Our results showed that individuals with a certificate or diploma earned an average of 17% more than those who only completed high school.Those who obtained a Bachelor's Degree earned 24% more than their counterparts with a certificate or diploma.Professionals with a Master's Degree earned 29% more than those with a Bachelor's Degree.Finally, those who held a PhD earned an average of 23% more than those with a Master's Degree while performing the same job. In this article, well discuss the average salary in Indonesia. Horizons took the headache out of the process, allowing us to hire a team of software engineers in Germany. Like some folks have said, "western" products can come at a premium. I earn Rp 20,000,000/month. The province of Central Java has the lowest average salary in Indonesia, as well as the lowest minimum wage. Its a common question that many soon-to-be expats bound for the archipelago ask: How much money can I expect to earn in Indonesia?. Example:A graphics designer working for a graphics designing company. Around 65% of all reported figures are in the range 6,950,000 IDR to 17,900,000 IDR. While there is no set rule of thumb for how much foreigners in the country earn in comparison to their Indonesian counterparts or rather, how much they should earn based on their skills in the market typically, its safe to say that they do make more. 49% of them received a monetary bonus that ranges from 3% to 5% of their annual salary. The data displayed here is the combined average of multiple jobs. The least salary in Indonesia will be lower than the lowest average, and the highest salary in the country will be higher than the highest average. However, there are some perks and caveats you should indeed study up on before getting on the plane and starting fresh in Indonesia. However, the high-paying job holders make around $500/month. Earning a Master's degree or any post-graduate qualification in Indonesia is a substantial financial commitment, with tuition fees ranging from 60,700,000 IDR to 182,000,000 IDR and a duration of around two years. Of the estimated 75 million internet users in the country, 5.9 million have shopped online, according to a recent report from SingPost. Salary range The country's average salary ranges from 3,070,000 IDR (minimum salary) to 54,200,000 IDR (maximum salary). $722 Jakarta Bekasi $513 vs $722 Jakarta Depok $438 vs $722 Jakarta Jakarta $722 vs Statistics Indonesia. ", "On deciding to begin commercial activities in Asia Pacific, we needed a provider to handle the employment and remuneration of our workforce. Quickly and compliantly hire employees in more than 185 countries worldwide, without the need to open a local entity. The figures provided here are averages of numbers. If you plan to live in Indonesia or start on a work opportunity, it is essential to know about the average income Indonesia offers to people as income is a direct determinant of your lifestyle. The median represents the middle salary value. Businesses that import certain goods for tourism in SEZs are eligible for import duty exemption. Average monthly net wage of employees in Indonesia from February 2005 to February 2022 (in 1,000 Indonesian rupiah) [Graph]. The most popular occupations in Jakarta are Software Engineer, Graphic Designer, and Project Read more. In Indonesia, the average difference between the salary of male and female employees is 12% across all career fields. The median represents the middle salary value. The figures displayed here account only for direct increments to the base salary. Contact us for a cost breakdown. Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. Salaried employees are usually exempt from overtime as opposed to hourly paid staff. Salaries range from 3,500,000 IDR (lowest average) to 23,700,000 IDR (highest average, actual maximum salary is higher).. While it is also possible to reach a mutual agreement between employees and employers, the remuneration should not be less than what is set by the governor. Salaried jobs pay a fixed amount regardless of the hours worked. It's important to note that during this period, any salary increases are unlikely, assuming ongoing employment. Prices for goods and services in Jakarta are partly crowdsourced by our visitors, just like yourself. Average Cost of Living in Indonesia Per Month in 2022 - ExpatDen Cost of Living in Jakarta. Jul 2023. Prices in Jakarta - Numbeo We can highly recommend the Horizons solution to anyone. The appeal of Indonesia is increasing as a regional powerhouse. You need at least a Starter Account to use this feature. See the full report here: www.kellyservices.co.id/ID/Resource-Centre/Salary-Guide/, (function($){window.fnames=new Array();window.ftypes=new Array();fnames[0]='EMAIL';ftypes[0]='email';fnames[1]='FNAME';ftypes[1]='text';fnames[2]='LNAME';ftypes[2]='text';fnames[3]='MMERGE3';ftypes[3]='text';fnames[11]='MMERGE11';ftypes[11]='text';fnames[4]='MMERGE4';ftypes[4]='text';fnames[5]='MMERGE5';ftypes[5]='text';fnames[6]='MMERGE6';ftypes[6]='text';fnames[7]='MMERGE7';ftypes[7]='text';fnames[8]='MMERGE8';ftypes[8]='text';fnames[9]='MMERGE9';ftypes[9]='text';fnames[10]='MMERGE10';ftypes[10]='text';fnames[12]='MMERGE12';ftypes[12]='text'}(jQuery));var $mcj=jQuery.noConflict(!0), Copyrights Indonesia Expat @ 2011 - 2023. The long answer, however, is way more complicated. This is not the minimum wage as per the law, only the lowest reported number in the salary survey that had thousands of participants and professionals from all over the country. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 1000+ markets in 190+ countries & territories, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 39,000+ online stores and marketplaces. The average annual salary in Indonesia is 146,000,000 Indonesian Rupiah (IDR) or 9,872 US Dollars (according to the exchange rates in May 2023). Hourly jobs pay per worked hour. While average salary information is difficult to assess, the minimum wage of Central Java is IDR 1,812,935. The minimum wage in Bali is 2297968 IDR ($159.75). Minimum Wages in Indonesia increased to 4.9 IDR Million/Month (323.04 USD/Month) in 2023. This method is more accurate than just the average salary and gives more insights into how salaries are actually distributed in Jakarta. Those who got bonuses reported rates ranging from 3% to 5% of their annual salary. In Indonesia, this is considered a great income. Their field of expertise usually matches the type of business. To be honest, Jakarta is the most expensive city in Indonesia. Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. And while the average salary is one of the best measures of economic growth, you cant conclude the strength of a countrys economy just with its average salary. The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase. Average Salary in Bali - Destination Scanner The average salary for tech workers in Indonesia would be approximately USD $51,000 per year. Indonesia: average monthly net wage of employees 2022 | Statista The average salary in Indonesia depends on a particular industry, location, and cost of living in a specific area. An outsourcing company can leverage Indonesias growing digital economy and industrialization to expand its business and stay on top of its industry. Employees that support and facilitate the work of revenue generators. 1,000 Indonesian rupiah is equal to 0.067 U.S. dollars and 0.067 euros as of September 2022. This means that 25% of the countrys population earns less than 7,560,000 IDR, which automatically implies that 75% of the population earns more than 7,560,000 IDR. Around 65% of all reported figures are in the range 7,920,000 IDR to 20,400,000 IDR. Unfortunately, there are no standardized procedures to . The Completion Engineer makes Rp.40 million ($3,000) to Rp.75 million (US$5,624). Manage Settings Salaries in Jakarta range from 3,500,000 IDR per month (starting salary) to 61,800,000 IDR per month (maximum average salary, actual maximum is higher). Alternatively, with that kind of take home, your lifestyle can be quite nice, pretty much anywhere in Indonesia. There are some higher paying fields as well, including Law and legislation, leasing, management, and Information technology, to name a few.
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