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Market Landscape
Presentation 2014
Monica Bermeo
Senior Consultant
EMR
Working with business
leaders since 1994
About EMR
• Specialist Marketing, Communications & Digital Recruitment
• Established in 1994
• 50 consultants worldwide
• International talent pipeline and office network:
Singapore, Dublin, Leeds, London, Moscow and São Paulo
• Structured by sectors and industry specialisation
• FiveTen Group sister brands offering coverage across finance, HR,
IT and Legal
Demographics
Market Conditions
Marketing professionals were
mostly optimistic about the
economy in 2014, with many
also predicting an increase in
team size.
Job Security
Mirroring those 26% who feel pessimistic
about the future of the economy, 24%
also feel insecure about their role
Job Tenure
In spite of high levels of
job security a third of
candidates have only
been in their current role
less than 1 year.
Most valuable skill sets 2014
Current situation
Job Seeking Behaviour
Over 9/10 marketing candidates
are either actively looking or
keeping an eye on the market,
Candidate retention will be an
issue once the market improves.
Overseas Opportunities
Australia is seen as
the most attractive
for relocation,
followed by the USA
and Hong Kong.
Remuneration
Remuneration 6/10 candidates would accept a salary
increase of less than 10% in their existing
role, however only 2/10 would accept
this when changing roles externally
Last Bonus
Bonus expectations – last bonus vs next
Bonus expectations for 2014 are significantly higher, with more
than half of respondents expecting over 20% of their salary.
Benefits
Benefits
Bonus’ remain a
key benefit to
Asian marketing
candidates and
was seen as the
most important.
CSR
Although flexible working conditions are
becoming more important to 84%, a majority
would not work 4 days per week for pro rata
salary.
Reasons for leaving role
Key Managerial Attributes
The environment
a manager creates
for their team is
seen as the MOST
important
attribute.
Internal Processes
The cost of being too
slow; speed to fill is a
strong competitive
advantage.
Training and On-boarding
Training was seen as
the fourth most
important benefit,
however when 42% of
candidates have not
received any for the
past 2 years, this can
be seen as a
competitive
advantage when
attracting talent.
Training and On-boarding
A huge 47% of candidates rated their
company’s on-boarding and induction as
non-existent or inadequate. The
financial benefits of having an
employee properly inducted and
productive as early as possible make
this result surprising.
Agency vs InHouse
A majority of in-house
candidates would
consider moving to
agency.
Social Media Usage
Social Media Usage
Recruitment Agency Preferences
Candidates
continue to
prefer specialist
recruitment
agencies over
generalists.
Summary
• Most candidates are optimistic about the year ahead, and expect
an increase in team size, bonus levels and salary
• Candidates will be highly mobile once the market improves
• Digital and online skill sets remain the most sought after
• Training and on-boarding are a key issue for many companies
• Slow internal processes from many companies are resulting in the
loss of quality candidates
Join our
Marketing and Communications Forum Asia
Monica Bermeo
Tel: +65 6590 9160
www.emrrecruitment.com.sg
singapore@emrrecruitment.com
3 Phillip Street #09-04
Royal Group Building
Singapore 048693

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EMR Marketing, Communications & Digital Market Insights 2014/2015

Notas del editor

  1. Survey of asia marketing candidates – response rate of 167 candidates. Survey conducted in November 2013. Key location was Singapore followed by Hong Kong.
  2. Most candidates were optimistic about the future of the economy or indifferent. The most pessimistic were from Hong Kong and Malaysia, with Singapore being the most optimistic. Only 7% expect their team to decrease in size over 2014, with the majority either increasing or remaining the same.
  3. 76% of candidates rate their current job as secure
  4. The vast majority of candidates are very secure in their roles, yet 30% have only been in their current roles less than a year. It seems that job security alone is not enough to keep retain employees. Employers must look to intrinsic benefits to retain their staff.
  5. Digital and online skills are perceived to be the most valuable for 2014. Content marketing which has been widely discussed globally as a key trend, is ranked 4th however is closely related to digital and online
  6. 69% of candidates are satisfied in their current role which correlates to 70% of those who would recommend their current employer to a friend, however a substantial 30% would not.
  7. Most important reasons for considering an overseas opportunity were improved quality of life, new career opportunities, better employment opportunities. Least important was friends and family.
  8. Salary expectations when changing jobs are substantially higher than if candidates were to remain in their existing role. 82% of candidates expect as increase of over 10% of their salary, compared to only 16% expecting the same level of increase if they remain in their jobs.
  9. Interestingly, candidates are not leaving their positions out of necessity, rather, the majority are leaving out of choice, for career development and more challenging/interesting work. 70% of candidates intend for marketing to remain as their long term career path