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A CHRO in banking & financial services could be earning a monthly pay of RM740,000, while a GM of HR in business services could be taking home RM240,000 a month.
In 2023, industries in Malaysia can expect to see a high employee turnover rate despite unprecedented uncertainty brought about by the COVID-19 pandemic, according to PageInsights' Salary Guide 2023.
At the same time, salary remains the top motivator that influences candidates’ decisions on where to work.
In that vein, the salary guide details the average gross monthly salary that roles across industries in Malaysia can expect to earn in 2023, and this article will focus on HR roles. All figures reflected are in Malaysia Ringgit (MYR/RM).
Banking & financial services
- Chief human resources officer: 740,000
- HR executive: 60,000
- Payroll specialist: 67,000
- Mobility specialist: 68,000
- Organisational development: 72,000
- Recruitment specialist: 84,000
- Learning and development specialist: 96,000
Business services
- Recruitment consultant: 78,000
- Career integration & development specialist: 96,000
- Talent acquisition manager: 132,000
- Talent management manager: 144,000
- HR manager: 156,000
- Human resources business partner (HRBP): 192,000
- Payroll manager: 162,500
- General manager HR: 240,000
- HR director: 336,000
Engineering & manufacturing
- Chief HR officer / HR director: 480,000
- Head of compensation & benefits (C&B): 200,000
- Senior human resources business partner (HRBP): 204,000
- Head of organisational development: 205,300
Fast moving consumer goods (FMCG) & retail
- Regional HR manager: 216,000
- Deputy director: HR 335,000
Healthcare & life sciences
- Chief human resources officer: 480,000
- HR executive: 62,000
- Organisational development specialist: 84,000
- Payroll specialist: 66,000
- Mobility specialist: 68,000
- Recruitment specialist: 78,000
- Employee relations specialist: 84,000
- Learning and development specialist: 85,000
- Human resources information system: (HRIS)
- Specialist: 96,000
- Human resources business partner (HRBP): 144,000
- Compensation & benefits (C&B) specialist: 144,000
- Head of talent acquisition: 200,000
- Head of learning and development: 200,000
- Senior human resources business partner (HRBP): 240,000
- Head of organisational development: 240,000
- Head of talent management: 260,000
- Head of compensation & benefits (C&B): 260,000
The figures presented in the Page Insights Salary Guide are derived from our proprietary data and network in Malaysia, including job advertisements and placements made in 2022, incorporating salary projections for 2023.
Photo / Shutterstock
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