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Human Resources Global Salary Report, April-June 2014

Another busy quarter behind us with some interesting changes to the average salaries for the roles we have placed. As outlined in previous quarters, we would like to highlight that these numbers are purely an indication of the work we have been involved in around the globe, and may not be reflective of the HR salary trends within each of these markets.

As we gain momentum in the U.S. market, we have noticed that the average salary of ChapmanCG placements has reverted back to the quarter averages from the later quarters in 2013. This spike in Q1 was largely due to placements of large roles and not necessarily indicative of market changes as highlighted in our Q1 report. South American markets have increased modestly as we secure more senior level positions in larger organisations.

There has been a notable spike in placements made in Singapore, Japan, China and Hong Kong, as a result of a number of large senior roles we have placed in these locations. Most drastic is the increase in South Korea. Many multinationals in South Korea have small offices of 100-200 employees, but there are a handful who have much larger businesses there. This spike is derived from a senior level HR search for a business size of 20,000 people. We expect the average salary level to go down to previous levels next quarter.

The Middle East, South Africa and certain Southeast Asia markets, namely Thailand and Vietnam, remain consistent with previous quarters. Europe shows a decrease this quarter, but is expected to increase next quarter as we are currently working on a number of significant searches in this region.

Note: These figures are averages for the roles we have placed and excludes any discretionary payment (such as variable bonus, stock options), as well as allowances.

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