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Sales & Marketing Market Insights Q3 2017

As predicted in the first quarter of the year, Q2 2017 has seen a very noticeable upswing in Hong Kong's Sales & Marketing job market in terms of employers with open headcounts and the number of professionals who were actively seeking new positions.

While this is not unusual post-Chinese New Year, we have seen more activity in this period as compared to the similar period in previous years. This is reinforced by the fact that experienced professionals with in-demand skill sets are facing multiple offers within a short span of time.

Increased hiring activity within a healthier market

In terms of job market movement, there has been an increase in hiring activity within marketing and communication agencies, hospitality, financial services, FMCG, beauty and cosmetics, as well as mass retail industries. 

Many of the vacancies were across Digital, Social Media and e-Commerce. While some of these were replacement headcounts, many were newly created roles in anticipation of improved market conditions.

Domestic and technology shifts in Retail

The Retail sector has been going through a period of transformation. With the sharp decrease in mainland tourists visiting Hong Kong over the last few years, retailers have been shifting their strategies to focus more on domestic consumers. There has been an apparent change in marketing, branding and communication strategies, with an aim to drive higher engagement among the local clientele. We saw an increase in demand for frontline retail staff to strengthen sales and revenue generation. 

Technology has also been positively impacting the retail sector, especially with the development of omnichannel retailing, creating synergy between physical and online stores. This phenomenon has created a strong demand for professionals with experience in Digital and e-Commerce. 

The Luxury sector, however, remained cautious on their resourcing strategy, especially in talent acquisition. In the FMCG sector, we saw an increase in recruitment activity across Key Account Management, Trade Marketing and Regional Business Development.

Hiring processes will lengthen in Q3 2017

Throughout Q3, we foresee a similar hiring trend for Sales & Marketing professionals, although interview processes will take longer than usual due to school holidays and vacations. 

We advise job seekers to carefully weigh opportunities and offers, as hiring decisions will take slightly longer to make. When it comes to job search, patience will be key in the upcoming summer months.

Sales & Marketing
Salary Report for Q3 2017*

Banking & Financial Services

 

 

Job title

Years of experience

Annual salary range (HK$)

Marketing  

Marketing Director 

15+ 

1.4M–2M+

VP, Marketing

12+

780K1.3M

AVP / Manager Marketing

6–10

540K–720K

Associate / Assistant Marketing Manager

35

240K480K

Head of Corporate Communications / Affairs

15+ 

1.3M–1.8M+

VP, Corporate Communications / Affairs 

12+

720K1.2M

AVP / Manager Corporate Communications / Affairs

6–10

480K –720K

Associate / Assistant Corporate Communications Manager

35

240K480K

Head of Events

15+

1.1M–1.5M+

VP Events

12+

660K1M

AVP / Manager Events

6–10

480K–600K

Event Specialist 

3

240K420K

VP Media Relations 

6–10

720K–1.3M

Head of Market Research / Business Intelligence 

15+ 

1.2M1.7M+

Market Research / Business Intelligence Manager

6–10

600K–900K

 

 

 

Commerce & Industry

 

 

Job title

Years of experience

Annual salary range (HK$)

Media / Entertainment 

Chief Editor

15+

900K1.3M

Marketing Director 

15+ 

1M–1.2M

Director, Sales 

15+

1M1.5M

Director, Distribution 

12+ 

1M–1.2M

Associate, Media Sales 

10+ 

720K1M

Associate Director, Distribution 

10+ 

720K–1M

Manager, Sales 

8+ 

480K720K

Marketing Manager 

5–10

420K–720K

Distribution Manager 

6

420K650K

Programming Manager

5–8

300K–540K

Sales Executive

35

300K480K

Marketing Executive

3–5 

240K–360K


FMCG

General Manager 

15+ 

1.5M+

Sales Director 

12+ 

840K1.3M

Sales Manager 

8+ 

540K–720K

Key Account Manager 

68

390K520K

Assistant Key Account Manager 

3–5

260K–360K

Marketing Director 

15+ 

840K1.3M

Marketing Manager 

10+ 

650K–910K

Assistant Marketing Manager 

6

390K520K

Senior Brand Manager 

7–10 

520K–780K

Brand Manager 

58

360K520K

Assistant Brand Manager 

3–5

300K–360K

Category Manager 

5

360K 480K

Assistant Category Manager 

3–5 

240K–360K

Product Manager 

5

360K480K

Assistant Product Manager 

3–5 

300K–360K

Trade Marketing Manager 

5

360K520K

Assistant Trade Marketing Manager 

3–5

300K–360K


IT / Telecommunications 

Managing Director

15+

2.5M+

Head of Sales 

15+

1.8M2.2M

Sales/Business Development Director

10–15+

1.3M–1.6M

Sales Manager

68+

540K800K+

Account Manager

3–5

400K–600K

Head of Marketing 

15+

1.2M1.6M

Marketing Director 

10–15

800K–1.2M

Marketing Manager 

8+ 

500K720K

Assistant Marketing Manager 

6+ 

350K–500K

Channel Manager

4

500K800K

Product Manager 

3–5 

400K–600K

Social Media Manager

58

520K650K

Sales Operations Manager  

8–10

325K–400K


Professional Services

Marketing Director 

15+ 

1M–1.5M

Marketing Manager 

68+ 

480K780K

Corporate Communications Manager

5–8

480K–720K

Business Development Director 

15+ 

1.2M1.6M

Business Development Manager 

6–8+ 

600K–960K

Business Development / Marketing Executive

35

300K600K

PR Manager 

6–8+ 

480K–720K


Industrial & Manufacturing

General Manager

15+

1.3M–1.8M

Sales / Business Development Director

1015

800K1.3M

Business Development Manager 

8–10

650K–800K

Sales Manager

68

480K660K

Sales Executive / Sales Engineer

3–5

240K–360K

Marketing / Communications Director 

1015

800K1.3M

Product Marketing Manager

8–10

650K–800K

Product Marketing Engineer

35

240K360K

Marketing Manager 

6–8

500K–800K

Marketing Executive

35

250K420K


Retail

Head of Marketing 

15+ 

1M1.5M

Marketing Manager 

10+ 

650K–910K

Assistant Marketing Manager 

5

360K480K

Marketing Executive 

1–3 

144K–240K

Senior Brand Manager 

610+

650K910K

Brand Manager 

4–6

420K–540K

PR Manager 

5

360K650K

Assistant PR Manager 

3–5 

300K–364K

Merchandising / Buyer Manager 

8+ 

585K910K

Digital Marketing Director

10–15

1M–1.5M

Digital Marketing Manager 

6+

480K720K

CRM Director 

10–15

910K–1.5M

CRM Manager 

8+ 

650K910K

Retail Operations Manager

8+

650K–910K

Assistant Retail Operations Manager

68

480K600K

Area Manager

5+

420K–520K

Store Manager 

3+

240K360K


Advertising Agency

Group Managing Director 

20+ 

1.5M2M+

Managing Director 

15+ 

1.2M–1.5M

Business Director

12+ 

960K1.2M

Client Services Director 

12+ 

960K–1.2M

Strategic Planning Director 

12+ 

850K1.2M

Group Account Director 

10+ 

720K–850K

Account Director 

810

480K720K

Account Manager 

5+ 

300K–420K


PR Agency

Managing Director 

20+

1.5M+

Director / Group Account Director

15+ 

1M1.5M

Account Director 

8–10

550K–780K

Account Manager 

5+ 

360K480K


Property & Real Estate

Head of Leasing

15+

1.2M+

Senior Leasing Manager

12–15

800K–1.2M

Leasing Manager

810

600K800K

Assistant Leasing Manager

6–8

420K–600K

Senior Leasing Officer

35

300K420K

Head of Marketing / Communications 

15+

1.2M+

Marketing / Communications Director 

1215

900K1.1M

Senior Marketing / Communications Manager

10–12

720K–900K

Marketing / Communications Manager

810

480K720K

Assistant Marketing / Communications Manager

6–8

360K–420K

Senior Marketing / Communications Officer 

35

300K360K

 

*Notes about salary report:

  1. Titles and levels vary from organisation to organisation.

  2. The salary ranges given are only approximate guides. For tailored salary advice, please contact us directly.

  3. 12-month base salaries are assumed.

  4. All other benefits and bonuses are in addition to these figures.

  5. Bonus ranges can vary significantly from company to company and will be influenced by market conditions, business and individual performances. Bonus ranges from 1 month at the low end to 100%+ at the upper.

  6. Holiday entitlements range from 1225 days with senior executives not usually receiving less than 18 days. Less than 15 is very rare and 20 days is becoming the norm.

  7. Healthcare policies are standard.

  8. Pension plans vary with some companies offering greater than the standard contribution. Top up schemes can increase employer contribution levels as much as 1520% of the base salary for senior executives.

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