Transcription
THAILANDSALARYGUIDE
Company OverviewCONTENTSSALARIESABOUT KELLY SERVICESAs a global leader in providing workforce solutions, Kelly Services, Inc. (Nasdaq: KELYA, KELB)and its subsidiaries, offer a comprehensive array of outsourcing and consulting services as well asworld-class staffing on a temporary, temporary-to-hire and direct-hire basis. Kelly directly employsnearly 500,000 people around the world in addition to having a role in connecting thousands morewith work through its global network of talent suppliers and partners.Kelly Services Thailand is an entity within the PERSOLKELLY company, a joint venture betweenPERSOL Group, and Kelly Services, Inc., forming one of the largest recruitment companies inAsia Pacific.4ExecutiveOverview626Accounting & FinanceFMCG, Retail & Services1030Banking & FinancialServices14Chemical& Life Science18Information Technology34Manufacturing38LogisticCorporate ServicesHeadquartered in Singapore, PERSOLKELLY spans over 50 offices across 13 markets including:Australia, China, Hong Kong, India, Indonesia, Korea, Malaysia, New Zealand, Philippines, Singapore,Taiwan, Thailand and Vietnam.22EngineeringMethodology: Salary figures included in the 2020 Thailand Salary Guide are derived by combining the expert marketknowledge of senior recruitment professionals within the Kelly network, as well as the latest job placement datarecorded on the Kelly database.
4EXECUTIVE OVERVIEWGovernmentinvestment isexpected to grow by6.9%Ongoing global challenges, especiallythe ongoing trade war, causeda slump in Thai exports in 2019,triggering indirect effects on otherdomestic sectors of the economy.However, Thailand is in the grip of a talentfocusing on advanced technology sectors such asshortage that threatens to weigh on its growthrobotics, artificial intelligence (AI) and automation.potential. In the World Talent Ranking 2019,Thailand has slipped to 43rd position out of 63Enhancing the country’s attractiveness to skilledeconomies, with some of its peers in the regionforeign talent is another area of focus. To reducemoving ahead in the rankings.3 The declineconstraints faced by foreign investors, particularlypoints to a clear and present need to scale up thein target industries, the country is extending itscountry’s talent competitiveness.SMART Visa, which aims to attract highly skilledprofessionals, to grow its pool of foreign talents.Foreign companies have identified a skilled2.5-3%Growth forecastworkforce as a critical requirement in investmentThe last piece of the puzzle, and perhaps the mostdecisions made in the country’s Eastern Economicpressing need for Thailand today: companiesCorridor project, which represents a THB 1.5 trillionmust shift their attention to re-skilling their existinginvestment in the next 5 years.workforce with new skills, enabling workers to4match up to the demands of Industry 4.0.With an aging population and low birth rate,fewer younger workers are able to participate inWith these, Thailand will have the skilledthe workforce. Exacerbating these challenges isworkforce that it needs to maximise the country’sthe issue of skills shortages; while demand forgrowth potential, moving into 2020 and beyond.skilled workers exists, there are few viable talentsto fill the gaps.Our 2020 Salary Guide turns the spotlight onthe latest employment trends and issues that areThe Thai baht’s appreciation had weakenedBoding positively for policy continuity, especiallythe competitiveness of local businesses,for economic policies, the new Thai government,causing a fall in exports, along with aelected in March 2019, retained several corereduced manufacturing output. In agriculture, themembers from the previous administration.farming sector was affected by the baht’s growingKey economic reforms, together with the ongoingstrength, minimum wage increases and drought.massive infrastructure projects nation-wide, areThese resulted in heavy job losses.expected to continue into 2020.In the face of these external and domesticMeanwhile, the rise of financial technologies, orchallenges, we look forward to a brighter economicfintech, may have considerable implications foroutlook for Thailand in 2020. Economic recovery,Thailand’s long-term growth. The transformationwhile expected to be slow in 2020, remains resilient,of the country’s financial services sector is afoot,with a growth forecast of 2.5-3%.1 It is forecastas commercial banks and start-ups parlay intoto be bolstered by investments in infrastructurethe digital payment space. Having already madeprojects, public consumption, and governmentsignificant strides in expanding public access tostimulus measures in the coming year. Governmentfinancial services, we expect that the governmentinvestment, in particular, is expected to growwill continue its active promotion of the fintechsignificantly by 6.9%.subsector and wider digital economy, making bigger2strides towards Industry 4.0.One part of the solution to this, which theimpacting and redefining Thailand’s industriesgovernment is making a push for, is educationaland workforce. En route to Thailand 4.0, we hopereform. The education ministry has outlined plansthat our guide will provide relevant insights andto revamp the country’s vocational educationanalysis to help shape your hiring and businesssector and elevate it to international standards,strategies in the exciting year ahead.The education ministryhas outlined plans tofocus on advancedtechnology sectorssuch as robotics,artificial intelligence(AI) and automation.1Bangkok Post3IMD World Competitiveness Center2Bangkok Post4Thai Examiner5
6ACCOUNTING& FINANCEAccounting is among the most sought afterjobs in Thailand today. Yet, accountancyis perceived to be among the professionsthat run the highest risks of beingsupplanted by automation and technologyin the next few decades.The use of robotic process automationis already becoming more widespreadamong finance and accounting functions,as is the move towards online systems foraccounting and taxation.In truth, while technology will assume agreater role in accounting processes, theend result will not be the displacementof human accountants, but rather theaugmentation of their technical capabilities.The impact of an efficient finance andaccounting department on a company’sbottom line cannot be overstated.Automation can replace rote and manualtasks and reduce errors, empoweringaccountants and freeing up their time for7strategic work. Increasingly, expectationswill fall on accountants to learn how toharness technological tools to better analysefinancial and accounting data, and makemore insightful decisions.In recent years, Thailand has also enjoyeda steady rise in merger & acquisition (M&A)activity that is expected to carry through to2020. Outbound and inbound M&A dealsshould peak in 2020, in no small part dueto movements in projects in the EasternEconomic Corridor (EEC) and Thailand’sgrowing attractiveness regionally andglobally. As deal levels continue to increase,demand for accountancy professionals willremain strong.However, several challenges may lie aheadfor the profession as companies navigatethe increasingly complex nature ofbusiness transactions. Coming into play in2020 are new accounting standards andprinciples that will impact how companiesreport finances. The onus falls onmanagement and accounting departmentsto stay ahead of these changes to ensurethat new regulations and standards areadhered to, managing and minimising risksfor companies.
8ACCOUNTING & FINANCEACCOUNTING & FINANCESalary Range (per month)QUALIFICATIONSEXPERIENCE(YEARS)MIN( THB )Salary Range (per month)MAX( THB )ACCOUNTINGQUALIFICATIONSEXPERIENCE(YEARS)MIN( THB )MAX( THB )AUDIT & COMPLIANCEAccounting DirectorDegree/Master 15180,000300,000Audit DirectorDegree/Master12-15150,000450,000Accounting & Finance ManagerDegree/Master 10100,000250,000Audit ManagerDegree/Master8-12120,000250,000Accounting ManagerDegree10-1580,000200,000Compliance ManagerDegree8-1585,000130,000Costing ManagerDegree10-1560,000120,000Internal Audit ManagerDegree3-585,000130,000Tax 0090,000Assistant Accounting ManagerDegree8-1058,000150,000Junior AuditorDegree0-325,00055,000Senior 25,00050,000Accounts Payable/Accounts Receivable ExecutiveDegree0-318,00040,000FINANCEChief Financial OfficerDegree/Master15-20200,000600,000Finance DirectorDegree/Master15-20150,000400,000Finance ControllerDegree8-1590,000225,000Finance ManagerDegree10-1580,000200,000Assistant Finance ManagerDegree8-1051,000150,000Senior Finance OfficerDegree5-755,00080,000Risk Management ManagerDegree8-1585,000180,000Credit Control ManagerDegree10-1556,000112,000Business Planning & Analysis ManagerDegree8-1590,000180,000Financial Planning & AnalystDegree5-1056,00090,000Financial AnalystDegree/Master0-523,00070,000Senior Budgeting OfficerDegree3-530,00035,000Budgeting OfficerDegree0-218,00025,000The use ofrobotic processautomationis already becoming morewidespread among finance andaccounting functionsDemand foraccountancyprofessionalswill remain strongin 2020Accountants areexpected to harnesstechnologicaltoolsto make more insightfuldecisions9
10BANKING &FINANCIAL SERVICESDespite a decelerating economy driven bythe global slowdown, Thailand’s bankingsector has proved largely resilient thanksto the country’s stable financial systems.Although bank loan growth has declined,profits on the whole are on an uptrend, andmany banks are further taking precautionsthrough new reserves to guard againsteconomic uncertainties.Last year, the merger between TMB Bankand Thanachart Bank (TBank) marked thelargest deal in Thailand’s banking industry.Encouraged by government efforts andincentives, consolidation among domesticbanks will remain on the cards in 2020.Consolidation is expected to improveoperational efficiencies and reinforce localbanks’ competitive edge amid intensifyingcompetition from regional players.the key developments of 2019 were thedeployment of blockchain in cross-bordertransactions to improve trade efficiencyand the launch of a blockchain communityinitiative for greater ease of doingbusiness.Investments in technology and digitaltransformation have also been madenecessary as banks fend off competitionfrom rising fintech start-ups. Movinginto 2020, the utilisation of data and11customer insights, continued innovation anddevelopment, and even cross-collaborationswith these fintech players, will be key focusareas for the financial services sector.With the local digital economy forecastto be worth US 37 billion by 2025, muchof its economic potential is still yet to berealised.1 Today, around 30% of householdsin Thailand remain unbanked.2 Achievingfinancial inclusion is an imperative underthe Thailand 4.0 strategy, and variouscompanies are already starting to seize newopportunities by tapping into unbankedand underbanked populations, especiallythrough digital lending services.We expect both banks and fintech playersto accelerate their digital drive and continueleveraging technology to improve existingbanking processes and close the financialaccess gap.Thailand’s wealth management marketis today considered among the mostdynamic in Southeast Asia. As the countryturns into a hotspot for high net worthindividuals (HNWIs) and foreign investors,the growth of private banking is at a high.An estimated 80% of high net worthwealth currently lies with local banks, andthe number of HNWIs is expected to riseby up to 30% year on year.3 Demand forwealth relationship managers in the privatebanking sphere is set to correspondinglyincrease. Banks in the country aredoubling down on hiring wealth managersto cater to not only to rising demand forpersonal wealth management, but globalinvestment strategies as well.While banks continue to display anopenness to merger, the smaller andmedium-sized players are likelier targets.Larger banks have instead made digitaltransformation their top priority in theirdrive for profitability and efficiency,including the adoption of artificialintelligence (AI), automation and roboticsto replace repetitive tasks.As it has with many other industries,Thailand’s digital agenda has pervadedthe wider banking sector and is redefiningthe financial services landscape. Among1Bangkok Post2Bangkok Post3International Investment
12BANKING & FINANCIAL SERVICESBANKING & FINANCIAL SERVICESSalary Range (per month)QUALIFICATIONSEXPERIENCE(YEARS)MIN( THB )Salary Range (per month)MAX( THB )FRONT OFFICE /SALESQUALIFICATIONSEXPERIENCE(YEARS)MIN( THB )MAX( THB )INSURANCE / LEASINGAVP, Senior Project Management and ProcessImprovement ManagerDegree/Master 10115,000170,000Senior Relationship Manager/Team LeaderDegree8-1585,000150,000Business Relationship ManagerDegree5-850,000100,000Assistant General Manager (Sales & Admin)Degree3-532,00055,000Sales ExecutiveDegree1-325,00035,000Relationship Manager(Wholesale & Commercial Banking)Degree3-535,00055,000Customer ServiceDegree0-315,000Bank Branch TellerDiploma/Degree0-314,000Cash Management ManagerDegree5-770,000100,000Risk Management ManagerDegree5-770,000100,000Claims Management ManagerDegree 550,00080,000Pricing ,00075,000Wealth Relationship ManagerDegree/Master 775,00090,000Financial ConsultantDegree3-530,00075,00036,000Collection & Litigation ManagerDegree 780,000150,00030,000Collection OfficerDegree2-430,00050,000Sales ManagerDegree5-755,00080,000Sales ExecutiveDegree2-325,00040,000OTHER BANKING OPERATIONSVice PresidentDegree/Master 10160,000320,000Managing DirectorDegree/Master 10140,000265,000Market Intelligence & Planning ManagerDegree/Master5-880,000110,000Market Analyst Planning ManagerDegree5-760,00095,000Senior Credit and Corporate Business AnalystDegree/Master 1090,000115,000Trade Finance SpecialistDegree3-530,00055,000Investor Relations DivisionDegree/Master5-768,000105,000Corporate Lending ManagerDegree2-534,00075,000Foreign Exchange OfficerDegree2-523,00040,000Corporate Action Proxy StaffDegree1-323,00046,000Senior Business AnalystDegree5-756,00090,000Credit AnalystDegree3-530,00060,000Business AnalystDegree2-540,00068,000Operations StaffDiploma/Degree0-314,00023,000Larger banks have madedigitaltransformationtheir top priority in their drive forprofitability and efficiencyThailand's digital economy isexpected to reachUS 37 billionby 2025Demand forwealth relationshipmanagersin the private banking sphere isset to correspondingly increase13
14CHEMICAL& LIFE SCIENCEAs a key player in the country’s pushfrom research to commercialisation,the Thailand Center of Excellence forLife Sciences (TCELS) is undoubtedlycentral to the industry’s growth. Besidesworking with educational institutes,research organisations and companies,TCELS’ responsibilities run the gamutfrom supporting start-ups, facilitatingacceleration and mentorship programs,and scaling up the country’s capabilities toan industrial scale.Efforts are also underway to foster greaterinnovation and commercialisation in thebiomedical and life sciences industries, withTCELS encouraging greater collaborationbetween different stakeholders acrosscountries. Artificial intelligence (AI), big dataand medical imaging are among the keyareas of focus.beginning to bear fruit. To boost quantityand quality of food production, agriculturalcompanies have introduced high-techinnovations that are fast becoming musthaves for local farmers.After becoming the first in Asia tolegalise cannabis for medical purposesin 2019, Thailand is moving forward withproduction and distribution of legal medicalcannabis, while expanding the network ofpractitioners who can prescribe medicalcannabis. While uncertainties linger aroundregulatory requirements, this developmentopens up new economic opportunities.Thailand is also pushing to expedite legal15changes to liberalise the nascent sector, andcould soon emerge as a destination of choicefor medical marijuana tourism.Propelled by sustainability and energysecurity needs, the biofuel and biochemicalindustries are also bound for greater growth.With raw agricultural materials readilyavailable within Thailand, both industries canbe easily integrated into the nation’s preexisting industries. Using available productsfrom existing industries, for instance lacticacid from the ethanol production industry,current biofuel industries can producesecond-generation biofuels and furtherpave the way for the development of thirdgeneration biofuels.MEDICAL PHARMA EQUIPMENTWithin the next five years, Thailand’spharmaceutical industry is anticipated togrow by a compound annual growth rate(CAGR) of 7% and reach THB 275 billionby 2026, driven by both healthcare andpharmaceutical reforms.2 The industry iswitnessing burgeoning demand for contractservices, a boon for Thai pharmaceuticalmanufacturing players, as internationalcorporations look to local partners toexpedite access into regional markets.In a bid to spur medical roboticsproduction, Thailand’s Board of Investmentis also offering new privileges to medicalrobotics companies specialised inmanufacturing automation equipment.Supported by government efforts todevelop Thailand as a regional centrefor medical devices, manufacturers mayenjoy ongoing growth and continuedprofitability despite tighter competition.With increasing accessibility to publichealth services under the country’s universalhealthcare scheme, manufacturers ofgeneric medicines are also expected tobenefit from a steady rise in income.Another key player in the country’ssciences industry, the National Scienceand Technology Development Agency,is investing THB 3.4 billion in a pilotbiorefinery in the Eastern Economic Corridorof Innovation (ECCi), billed as a first forSoutheast Asia.1 The pilot plant will be vitalto the development of biological technologyin Thailand, supporting the creation of thecountry’s circular economy by convertingwaste into useful products.Thailand was also among the region’s firstto adopt agricultural biotechnology, andits efforts to advance agriculture are1The Nation Thailand2Pharm Exec
16CHEMICAL & LIFE SCIENCECHEMICAL & LIFE SCIENCESalary Range (per month)QUALIFICATIONSSALES & MARKETING (CHEMICAL)EXPERIENCE(YEARS)MIN( THB )Salary Range (per month)MAX( THB )QUALIFICATIONSEXPERIENCE(YEARS)MIN( THB )MAX( THB )LIFE SCIENCE/PHARMACEUTICAL /MEDICALRegional Sales ManagerDegree/ Master 15170,000300,000Sales DirectorDegree/Master 10150,000280,000Country Sales ManagerDegree/ Master 10150,000250,000Key Account ManagerDegree5-10100,000150,000Upcountry Sales ManagerDegree5-1060,00080,000Area Sales ManagerDegree5-1070,000100,000Technical Sales ManagerDegree5-7110,000150,000Medical Sales RepresentativeDegree0-525,00065,000Technical Service ManagerDegree7-1090,000140,000Quality Assurance ManagerDegree/Master 7100,000160,000Sales ManagerDegree7-1090,000170,000Medical Affairs ManagerDegree/Master 10140,000300,000Sales ExecutiveDegree4-634,00056,000R&D ManagerDegree/Master 8120,000230,000Sales EngineerDegree3-534,00056,000Head of Regulatory Affairs & ComplianceDegree/Master 15250,000350,000Sales & Marketing ExecutiveDegree3-534,00056,000PLANT / PRODUCTION (CHEMICAL)Regulatory Affairs ManagerDegree/Master5-1070,000150,000Senior Supply Chain ManagerDegree 10200,000250,000Marketing ManagerDegree6-875,000130,000Product ManagerDegree8-10100,000150,000Plant ManagerDegree 10180,000280,000Production ManagerDegree 8150,000200,000Product ,0003-540,00070,000HSE ManagerDegree8-1090,000160,000Technical Service ManagerSafety OfficerDegree2-320,00045,000Technical Service SpecialistDegreeQuality ManagerDegree8-1075,000160,000Clinical Research ManagerDegree/Master 7100,000170,000Degree5-1095,000140,000QA/QC EngineerDegree3-525,00040,000Senior Clinical Research ExecutiveLab ChemistDegree2-335,00050,000Clinical Research AssociateDegree2-565,00080,00035,000Sales Administration StaffDegree0-318,00025,000Service EngineerDegree0-225,000Stock ControllerDegree2-528,00050,000Customer 00070,000NurseDegree3-850,00075,000THB 3.4 billionis invested in a pilot biorefineryin the ECCi, which will be vital tothe development of biologicaltechnology in ThailandThailand’s pharmaceuticalindustry is anticipated to growby a CAGR of 7% and reachTHB 275 billionby 2026Thailand is expandingthe network ofpractitionerswho can prescribemedical cannabis17
18CORPORATE SERVICESCORPORATESERVICESSalary Range (per month)QUALIFICATIONSEXPERIENCE(YEARS)MIN( THB )MAX( THB )ADMINISTRATIONAdministrative/Office ManagerDegree7-1060,00090,000Assistant Administrative ManagerDegree5-750,00070,000Office ,00035,000HRChief Human Resources OfficerDegree/Master 15300,000600,000HR DirectorDegree/Master 10200,000400,000HR & GA ManagerDegree 1080,000160,000Human Resource ManagerDegree/Master7-1260,000180,000Assistant Human Resource ManagerDegree5-740,00080,000Human Resource OfficerDegree0-518,00040,000HR Business PartnerDegree5-760,000150,000HROD ManagerDegree/Master5-785,000150,000HRD ManagerDegree/Master5-785,000150,000Training/L&D ExecutiveDegree3-535,00065,000Compensation & Benefits ManagerDegree/Master5-760,000150,000HRIS SpecialistDegree3-540,00070,000Senior Payroll OfficerDegree3-530,00050,000Payroll OfficerDegree0-318,00040,000Talent Acquisition ManagerDegree5-760,000150,000Talent Acquisition SpecialistDegree2-530,00055,00019
20CORPORATE SERVICESCORPORATE SERVICESSalary Range (per month)QUALIFICATIONSEXPERIENCE(YEARS)MIN( THB )Salary Range (per month)MAX( THB )QUALIFICATIONSEXPERIENCE(YEARS)MIN( THB )MAX( THB )LEGALSECRETARIALGeneral CounselDegree/Master 10150,000350,00070,000Legal ,000150,000Chief Executive AssistantDegree7-1075,000120,000Executive AssistantDegree5-755,000Executive SecretaryDegree0-521,00050,000Assistant Legal ManagerPersonal Secretary/Personal AssistantDegree2-535,00060,000Senior Legal ExecutiveDegree5-745,00060,000Legal ExecutiveDegree3-530,00050,000Legal hief Marketing OfficerDegree/Master 10150,000400,000Trade Marketing ManagerDegree/Master 7102,000225,000Marketing ManagerDegree8-1590,000225,000Marketing Communication ManagerDegree8-1585,000202,000Digital Marketing ManagerDegree5-1085,000200,000Digital Marketing ExecutiveDegree3-535,00080,000Digital Media BuyerDegree1-223,00034,000Senior Media PlannerDegree4-653,00085,000Media PlannerDegree1-227,00042,000SEO/SEM SpecialistDegree1-325,00070,000PR ManagerDegree8-1585,000200,000PR ExecutiveDegree6-835,000100,000Brand/Product ManagerDegree5-1560,000160,000Marketing ExecutiveDegree2-329,00050,000Marketing Communication ExecutiveDegree0-320,00034,000OTHER SUPPORT FUNCTIONSCorporate Planning SpecialistDegree3-540,00065,000Purchasing ,00090,000Customer Service OfficerDiploma1-215,00023,000Call Center OfficerDiploma0-215,00030,000Data Entry OfficerDiploma0-312,00020,00021
22ENGINEERINGCONSTRUCTIONDriven by state efforts to develop transportand energy infrastructure, Thailand’sconstruction industry has returned to growth,and its renewed momentum is expected tocarry over into 2020. By 2023, the industry’soverall output value is expected to rise toUS 27.9 billion.1 Residential constructionremains the largest market segment by farand is forecast to account for 40.3% of themarket’s value in 2023.While the industry outlook holds steady,growth is not without its challenges. Anincreased minimum wage will take effectin 2020, and construction firms are likelyamong the most significantly affected.Labour shortages also continue to plaguethe sector. The rail sector is experiencing ashortfall of around 100,000 skilled workers,which is likely to impact construction ofnew rail systems.2However, with the Eastern EconomicCorridor (EEC) and key connectivityprojects between Thailand and Chinapicking up pace, such as the ThailandChina cross border rail route, Thai andChinese vocational schools are deepeningtheir cooperation efforts. The sharing ofadvanced standards between the twocountries and their cross-cultivation oftalent in high tech areas such as artificialintelligence (AI) and mechatronics bodespositively for Thailand’s labour market.With more cross-border and overseasprojects underway, constructionprofessionals with overseas exposure maybecome more desirable to employers. LargerThai construction companies are increasinglyexpanding overseas, with Cambodia,Laos and Myanmar being the markets ofchoice. Firms that undertake overseas workshould be able to grow their earnings fromresidential, commercial, industrial as well asinfrastructure projects. Domestically, largeand mid-sized firms, particularly those thatfocus on mixed use real estate projects, canexpect to enjoy steady growth.CHEMICALAmong the most well-developed in theregion, Thailand’s petrochemical industrywill continue to benefit from the stabilityof crude oil and natural gas prices andexperience steady growth from risingdemand, both domestically and in exports.23Under Thailand 4.0, biofuels andbiochemicals have been identified as keygrowth drivers for the sector. Over the midto long term, investments in this area areexpected to expand; producers may switchto producing environmentally-friendly bioplastics, leveraging the country’s robustdomestic sources of organic products suchas cassava, palm and sugarcane, whichcan potentially be used as alternativefeedstocks.OIL & GASThailand has set its sights on becominga regional trading centre for liquefiednatural gas (LNG), capitalising on the globaloversupply of LNG and low prices. As its ownnatural gas reserves dwindle, the country islooking to increase its LNG imports to meetrobust domestic demand. To accelerate itsrise to hub status, the country is liberalisingits LNG trade and boosting investmentsin infrastructure.With new domestic exploration makinglittle headway, the government is steeringThailand away from its heavy reliance onnatural gas in the longer term. A decadefrom now, renewables may expand totake up as much as 21% of the country’senergy mix, with this robust growth drivenby the biomass and solar sectors.3 By2037, under the Power DevelopmentPlan, the proportion of renewable energycould increase even further to 30% of thedomestic power mix.4Amid an uncertain global outlook foroil in 2020, the country’s largest oilconglomerate, PTTEP, is also startingto shift its focus towards increasinginvestments in electricity generation andrenewables. Digital transformation is alsoin the works at the company; PTTEP isautomating engineering processes, andemploying machine learning, AI andanalytics across the well lifecycle to raiseproductivity and optimise performance.However, Thai players are still exposedto potential risks. Companies may facechallenges in securing access to feedstocks;limited natural gas reserves may forceproducers to look to imports, incurringhigher costs and weakening margins. Majorexport markets such as China, Indonesia andVietnam are also increasing their self-relianceon petrochemical production, which mayforce producers to adjust their strategies.Faced with these challenges, petrochemicalcompanies must pursue new overseasopportunities, such as joint partnershipswith existing players and M&A to bolstertheir positions. Producers should alsoconsider shifting from commodities tohigher value production in order to boosttheir margins.1GlobalData2Bangkok Post3Singapore Business Review4Singapore Business Review
24ENGINEERINGENGINEERINGSalary Range (per month)QUALIFICATIONSEXPERIENCE(YEARS)MIN( THB )Salary Range (per month)MAX( THB )CONSTRUCTIONQUALIFICATIONSEXPERIENCE(YEARS)MIN( THB )MAX( THB )OIL & GAS/PETROCHEMICALCivil & Structural ManagerDegree 870,000Civil EngineerDegree3-530,000Architectural ManagerDegree 760,000125,000Business Head (Renewable Energy)Degree/Master 15180,000400,00045,000Project Director/Program DirectorDegree/Master 10150,000280,000125,000Project Sales & Business Development ManagerDegree ect ManagerDegree 10100,000150,000Architectural CoordinatorDiploma/Degree2-325,00042,000Project Control ManagerDegree 10100,000150,000Draftsman (AutoCAD)Diploma/Degree0-218,00028,000Cost ControllerDegree3-540,00055,000BIM ManagerDegree 780,000150,000Lead Estimator (Pipeline/Oil & Gas)Degree5-750,00070,000BIM CoordinatorDegree2-330,00048,000Senior EstimatorDegree3-535,00050,000QA/QC ManagerDegree ity Assurance 5,000Commercial Contract ManagerDegree ss Development 055,000Procurement ManagerDegree 770,000120,000Senior Planning Engineer (Primavera)Degree 770,000100,000Quantity Surveyor ManagerDegree 550,00085,000Senior Civil & Structural EngineerDegree 740,00070,000Quantity Surveyor (M&E)Degree3-530,00040,000Civil & Structural CAD DesignerDegree5-725,00040,000Quantity Surveyor (CSA)Degree2-328,00035,000Civil & Structural EngineerDegree0-520,00050,000Cost EstimatorDegree2-323,00040,000Senior Mechanical EngineerDegree 740,00070,000Land Surveyor ManagerDegree 780,000120,000Mechanical EngineerDegree0-518,00050,000Land SurveyorDegree2-328,00048,000Piping /HSE/EHS ManagerDegree 890,000150,000Degree 740,00070,000Safety EngineerDegree2-540,00065,000Senior Piping Engineer(Conceptual/FEED/Detailed)Commissioning EngineerDegree 430,00050,000Piping Design 5,000M&E ManagerDegree 550,000125,000Piping EngineerDegree0-518,00040,000Mechanical EngineerDegree3-530,00048,000 740,00070,000Degree3-540,00070,000Senior Electrical Engineer(Conceptual/FEED/Detailed)DegreePiping EngineerElectrical EngineerDe
Our 2020 Salary Guide turns the spotlight on the latest employment trends and issues that are impacting and redefining Thailand's industries and workforce. En route to Thailand 4.0, we hope that our guide will provide relevant insights and analysis to help shape your hiring and business strategies in the exciting year ahead. The education .
