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SALARY BENCHMARKS: BEST PLACE TO WORK FOR IN ASIA

As UBP claims to be the best of the bests, the leader in employee engagement and
empowerment, and the top rank in creating the best workplace for employees, let us
know how much employees in the banking industry in Asia are being paid by their
employers.

The following figures show the salary trends in selected Asian countries as per salary
survey reports conducted by Robert Walters, CEO of a global recruitment consultancy.

SALARY BENCHMARKS: BEST PLACE TO WORK FOR IN ASIA

As UBP claims to be the best of the bests, the leader in employee engagement and
empowerment, and the top rank in creating the best workplace for employees, let us know
how much employees in the banking industry in Asia are being paid by their employers.

The following figures show the salary trends in selected Asian countries as per salary survey
reports conducted by Robert Walters, CEO of a global recruitment consultancy.

JAPAN

Years of experience 2017 2018


0-4 68,754.98 - 91673.31* 68,754.98 - 91673.31*
4-8 77,922.31 - 210848.61* 77,922.31 - 210848.61*
8-10+ 91673.31 – 165,011.96* 91673.31 – 165,011.96*
*converted from JPY to USD

HONGKONG

Years of experience 2017 2018


1-4 50,958.00 – 68,793.30* 50,958.00 – 70,067.25*
5-8 68,793.30 – 107,011.80* 70,067.25 – 104,463.90*
8+ 101,916.00 – 184,722.75* 104,463.90 – 191,092.50*
*converted from HKD to USD

SINGAPORE

Years of experience 2017 2018


Not specified 30,009.30 – 52,516.288* 30,009.30 – 52,516.28*
*converted from SGD to USD

TAIWAN

Years of experience 2017 2018


4-7 16,880 – 21,994.00*
5-8 27,008.00 – 37,136.00 *
8+ 37,136.00-43,888.00*
*converted from TWD to USD

MALAYSIA

Years of experience 2017 2018


4-7 16,764.33 - 24384.48* 16,764.33 – 24,384.48*
8-12 24,384.48 - 48768.96* 24,384.48 – 48,768.96*
12+ 60,961.20+ 60,961.20+
*converted from MYR to USD

Most, if not all, of surveys on employee engagement and job satisfaction reveal that
compensation is the priority of employees and the major factor influencing job satisfaction.

UBP declares that it offers above-average compensation and benefits to enrich its employees'
professional life. But, how can one be the best employer in the Asian region when it only
gives its workforce average to above-average salaries as compared to other Asian countries
such as Japan, Hongkong, Singapore, Taiwan, and Malaysia with salary rates ranging from
$16,000 to $180,000 or P800,000 to P9 million? With these facts at hand, do you believe that
UBP is the Best Company to Work for in Asia?

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