Salary expectations in Indonesia can vary significantly, especially for highly skilled positions. It's a common delusion that you can easily hire high professionals for a cheap price.
Here is an example: the average salary for a business development position on LinkedIn in Indonesia is around USD 900. However, based on our experience in hiring top-notch business developers for our clients, the real figure is closer to USD 4000 per month if you're seeking highly qualified individuals with a proven track record.
A top talent might command a higher salary than anticipated, based on market standards.
The Solution: Ensuring competitive compensation involves:
- Conducting thorough market research to understand the salary range for specific roles within your industry in Indonesia.
- Being open to negotiations and offering a competitive package that reflects the value the candidate brings to your company.
- Including non-monetary benefits and growth opportunities in the compensation package to make the offer more attractive.