18 January 2024
JAC Group, which operates recruiting businesses in 11 countries around the world, has summarized the market trends for recruitment in Indonesia, where it has offices, from October to December 2023.
Number of job offers YOY：94%
Number of job openings YOY (past 3 years)：
| 2021 | 202 | 2023 | |||||||||
| Jan - Mar | Apr - Jun | Jul - Sep | Oct - Dec | Jan - Mar | Apr - Jun | Jul - Sep | Oct - Dec | Jan - Mar | Apr - Jun | Jul - Sep | Oct - Dec |
| 186％ | 97％ | 83％ | 107％ | 138％ | 101％ | 61% | 129％ | 85％ | 148% | 64％ | 117％ |
On November 21st, Indonesia announced its provincial and city minimum wages for 2024, with November 30th revealing figures for individual prefectures and cities.
Notably, the Jakarta Special Region saw a 3.38% increase (to 5,067,318 Indonesian Rupiah), while Bekasi City and Karawang Province (key manufacturing hubs for Japanese companies) experienced increases of 3.59% (5,343,430 Indonesian Rupiah) and 1.58% (5,257,834 Indonesian Rupiah) respectively.
These increases are smaller than last year's high 7% growth. However, a decade-long comparison reveals a significant cost burden for Japanese manufacturers: minimum wages have more than doubled in Jakarta (2.07x), Bekasi (2.19x), and Karawang (2.15x).
Many long-established Japanese manufacturers in Indonesia now face a wave of upcoming retirements among employees hired during their initial expansion in the 2010s. This has spurred active recruitment to fill these gaps, particularly seeking experienced candidates in their late 30s and 40s to replace departing senior staff.
Regarding Japanese national hires, companies are finding it increasingly difficult to secure replacements via expatriation from Japan. This has led to a growing trend of recruiting locally for high-level positions, including managers and presidents of local subsidiaries.
Job seeker registration figures in Indonesia remain stable compared to the previous year. However, relaxed visa regulations within ASEAN are prompting job seekers from neighboring countries to expand their search to Indonesia. Additionally, the post-pandemic environment has seen an increase in Japanese residents seeking overseas job opportunities, either for the first time or returning to the ASEAN region.
JAC Recruitment Indonesia Associate Director
Toma Yamashita
■JAC Recruitment Indonesia Overview
https://www.jacgroup.com/en/locations/country/indonesia
■JAC Recruitment Indonesia Website
https://www.jac-recruitment.co.id/
【JAC Recruitment Asia: Job Listing Comparison Report (Previous Quarter and YOY)】
| Change from previous period (Jul.-Sep.) | Year-on-year comparison | |
| Singapore | 91% | 80% |
| Malaysia | 87% | 99% |
| Thailand | 79% | 130% |
| Indonesia | 117% | 94% |
| Vietnam | 91％ | 155％ |
| Korea | 60％ | 78％ |
| India | 79％ | 122％ |
| Japan（※） | 95% | 100% |
*Recruitment related to overseas business of Japanese companies
Note: The number of job openings at Asian companies may increase or decrease depending on the strategies intentionally adopted by the Asian companies (e.g., specializing in jobs with high annual salaries or jobs for specialists). Therefore, increases or decreases in the number of job openings at Asian companies do not directly reflect the performance of each company.
