A person working as Asset Management Associate in Indonesia typically earns around 11,600,000 IDR. Salaries range from 5,700,000 IDR (lowest) to 18,100,000 IDR (highest).
This is the average salary including housing, transport, and other benefits. Asset Management Associate salaries in Indonesia vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
![]() 5,700,000 IDR |
![]() 10,800,000 IDR |
![]() 18,100,000 IDR |
Salaries for the position Asset Management Associate in Indonesia range from 5,700,000 IDR (starting salary) to 18,100,000 IDR (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
With a median salary of 10,800,000 IDR, half of the professionals who work as Asset Management Associate in Indonesia earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Asset Management Associate in Indonesia earn less than 8,870,000 IDR, while 75% earn more. Similarly, the chart shows that 75% earn less than 12,400,000 IDR while 25% earn more.
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Asset Management Associate in Indonesia compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 6,760,000 IDR to 9,520,000 IDR. About 20% of salaries are below the 6,760,000 IDR mark, while 10% fall within the range of 9,520,000 IDR to 10,800,000 IDR. Only 5% of individuals have salaries exceeding 10,800,000 IDR.
0 - 2 Years | 6,750,000 IDR | |
2 - 5 Years | +29% | 8,680,000 IDR |
5 - 10 Years | +38% | 12,000,000 IDR |
10 - 15 Years | +24% | 14,800,000 IDR |
15 - 20 Years | +7% | 15,900,000 IDR |
20+ Years | +7% | 17,000,000 IDR |
The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Asset Management Associate and this is what we found.
Employees with less than two years of experience earn approximately 6,750,000 IDR.
While someone with an experience level between two and five years is expected to earn 8,680,000 IDR, 29% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 12,000,000 IDR, 38% more than someone with two to five years of experience.
Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 14,800,000 IDR, 24% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 15,900,000 IDR, 7% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 17,000,000 IDR, 7% more than people with fifteen to twenty years of experience.
High School | 8,680,000 IDR | |
Certificate or Diploma | +43% | 12,400,000 IDR |
Bachelor's Degree | +38% | 17,100,000 IDR |
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Asset Management Associate in order to make a comparison.
Employees at this education level have an average salary of 8,680,000 IDR.
At this level, the average salary becomes 12,400,000 IDR, 43% more than the previous level.
At this level, the average salary becomes 17,100,000 IDR, 38% more than the previous level.
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Asset Management Associate in Indonesia, the average difference between the salary of male and female employees is 10%.
Male | 12,100,000 IDR | |
Female | -9% | 11,000,000 IDR |
Individuals working as Asset Management Associate in Indonesia are likely to observe a salary increase of approximately 9% every 20 months. The national average annual increment for all professions combined is 8% granted to employees every 18 months.
The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
45% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 55% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 3% to 6% of their annual salary.
Received Bonus | 55% | |
No Bonus | 45% |
The most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.
Goal-Based BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
The main two types of jobs | |
Revenue Generators | Supporting Cast |
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business. | Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations. |
Example: | Example: |
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
The minimum pay rate per hour for people working as Asset Management Associate in Indonesia is 32,900 IDR. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Job Title | Average Salary |
Purchasing and Inventory | ![]() | |
Asset Management Associate | 11,600,000 IDR | ![]() |
Asset Protection Associate | 10,700,000 IDR | ![]() |
Asset Protection Specialist | 11,300,000 IDR | ![]() |
Assistant Buyer | 10,500,000 IDR | ![]() |
Buyer | 16,800,000 IDR | ![]() |
Capacity Planner | 12,100,000 IDR | ![]() |
Category Leader | 11,400,000 IDR | ![]() |
Category Management Specialist | 11,700,000 IDR | ![]() |
Category Manager | 13,100,000 IDR | ![]() |
Channel Services Representative | 12,000,000 IDR | ![]() |
Contracts Manager | 13,700,000 IDR | ![]() |
Contracts Specialist | 11,200,000 IDR | ![]() |
Demand Planner | 11,900,000 IDR | ![]() |
Demand Planning Manager | 15,200,000 IDR | ![]() |
Digital Procurement Manager | 13,000,000 IDR | ![]() |
Distribution Assistant | 10,400,000 IDR | ![]() |
Distribution Associate | 10,600,000 IDR | ![]() |
Distribution Manager | 21,500,000 IDR | ![]() |
E-Commerce Buyer | 12,100,000 IDR | ![]() |
E-procurement Specialist | 13,500,000 IDR | ![]() |
Freight and Customs Compliance Manager | 14,500,000 IDR | ![]() |
Green Procurement Specialist | 11,500,000 IDR | ![]() |
Inventory Analyst | 11,200,000 IDR | ![]() |
Inventory Analytics Manager | 10,500,000 IDR | ![]() |
Inventory Control Clerk | 5,900,000 IDR | ![]() |
Inventory Control Manager | 15,000,000 IDR | ![]() |
Inventory Management Associate | 11,900,000 IDR | ![]() |
Inventory Optimization Manager | 12,900,000 IDR | ![]() |
Inventory Specialist | 10,600,000 IDR | ![]() |
Logistics Automation Engineer | 12,300,000 IDR | ![]() |
Logistics Engineer | 10,800,000 IDR | ![]() |
Master Planner | 11,100,000 IDR | ![]() |
Material Handler | 7,080,000 IDR | ![]() |
Material Planning Specialist | 10,000,000 IDR | ![]() |
Merchandise Manager | 12,700,000 IDR | ![]() |
Procurement Administrator | 13,500,000 IDR | ![]() |
Procurement Agent | 8,360,000 IDR | ![]() |
Procurement Analyst | 14,400,000 IDR | ![]() |
Procurement Assistant | 8,810,000 IDR | ![]() |
Procurement Associate | 11,400,000 IDR | ![]() |
Procurement Clerk | 5,530,000 IDR | ![]() |
Procurement Engineer | 11,200,000 IDR | ![]() |
Procurement Manager | 23,000,000 IDR | ![]() |
Procurement Officer | 5,470,000 IDR | ![]() |
Procurement Process Analyst | 13,500,000 IDR | ![]() |
Procurement Risk Manager | 13,700,000 IDR | ![]() |
Procurement Specialist | 10,700,000 IDR | ![]() |
Procurement Technology Consultant | 13,900,000 IDR | ![]() |
Production Planner | 12,700,000 IDR | ![]() |
Project Buyer | 14,500,000 IDR | ![]() |
Purchaser | 16,600,000 IDR | ![]() |
Purchasing Agent | 9,750,000 IDR | ![]() |
Purchasing Assistant | 6,010,000 IDR | ![]() |
Purchasing Manager | 22,500,000 IDR | ![]() |
Purchasing Officer | 10,300,000 IDR | ![]() |
Purchasing Supervisor | 15,300,000 IDR | ![]() |
Shipping and Receiving Clerk | 5,610,000 IDR | ![]() |
Shipping Coordinator | 10,500,000 IDR | ![]() |
Stock Clerk | 5,750,000 IDR | ![]() |
Stock Regulator | 6,790,000 IDR | ![]() |
Storage Manager | 14,800,000 IDR | ![]() |
Store Keeper | 5,650,000 IDR | ![]() |
Stores and Logistics Coordinator | 12,000,000 IDR | ![]() |
Strategic Sourcing Analyst | 16,300,000 IDR | ![]() |
Supplier Diversity Program Manager | 14,300,000 IDR | ![]() |
Supplier Relationship Manager | 15,200,000 IDR | ![]() |
Supply Chain Analyst | 15,400,000 IDR | ![]() |
Supply Chain Coordinator | 12,100,000 IDR | ![]() |
Supply Chain Development Manager | 19,900,000 IDR | ![]() |
Supply Chain Director | 22,700,000 IDR | ![]() |
Supply Chain Manager | 22,600,000 IDR | ![]() |
Supply Planner | 10,700,000 IDR | ![]() |
Sustainability Procurement Specialist | 14,600,000 IDR | ![]() |
Sustainable Sourcing Specialist | 11,000,000 IDR | ![]() |
Sustainable Supply Chain Manager | 16,400,000 IDR | ![]() |
Third Party Logistics Manager | 17,900,000 IDR | ![]() |
Vendor Management Specialist | 16,100,000 IDR | ![]() |
Warehouse Assistant | 4,430,000 IDR | ![]() |
Warehouse Automation Engineer | 11,200,000 IDR | ![]() |
Warehouse Clerk | 4,710,000 IDR | ![]() |
Warehouse Executive | 18,500,000 IDR | ![]() |
Warehouse Lead | 12,900,000 IDR | ![]() |
Warehouse Manager | 20,300,000 IDR | ![]() |
Warehouse Supervisor | 14,200,000 IDR | ![]() |
Wholesale Buyer | 16,700,000 IDR | ![]() |
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Indonesia is 9% on average across all career fields.
Private Sector | 11,600,000 IDR | |
Public Sector | +9% | 12,600,000 IDR |
A good and competitive compensation would range anywhere between 10,800,000 IDR and 12,400,000 IDR. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
The base salary for a careers like Asset Management Associate in Indonesia ranges from 5,700,000 IDR to 8,870,000 IDR. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary