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Salary Guide Japan

Content Introduction 03 Resources for Employers 04 How to calculate a starting salary 05 How to handle an employee’s pay rise request 06 5 considerations when growing your business 07 Resources for Professionals 08 How to get promoted in your current company 09 How to ask for a pay rise: 7 things to remember 10 How to negotiate your salary after receiving a job offer 1 1 Salary Tables Financial Services Front Office 12 Financial Services Operations 17 Audit 21 Risk Management 23 Legal & Compliance 26 Asset Management 29 Consultancy & Professional Services 34 FinTech 37 Finance & Accounting 39 HR 42 IT 44 Technology 49 Sales 51 Marketing 53 Contact Details 56 Salary Guide 2021 2

Introduction Welcome to the 2021 Morgan McKinley Salary Guide. This is our annual salary report developed for you to provide both organisations and candidates with the current market salary ranges across a wide range of industries. Report Methodology This guide has been compiled with the support of data gathered by our teams of experienced consultants from a sample of thousands of placements recorded in our recruitment database, insights from our clients and analysis of placement data over the past 12 months. This guide will be updated if and when needed to reflect any market changes. Seniority Roles Definition The seniority levels in this salary guide are divided into low, average and high. These are determined by a candidate’s experience level, type of organisation and/ or industry sector. Salary Guide 2021 3

Resources for Employers

How To Calculate A Starting Salary Hiring a new employee is an exciting time for you, the team they’ll be joining and the business as a whole. Before your new hire can start, there are 10 steps to consider when determining their salary. 1. Hiring Budget Identify what your overall recruitment budget is. Knowing all the potential costs involved will give you a better understanding of what salary you can offer. 2. Employment Type Should you use the budget to hire a permanent full time employee, a contractor or maybe even a freelancer? Weighing up the pros and cons of each will help you decide which type of employment to offer. 3. Industry Salary Benchmarks Using our Salary Guide Calculator tool will show up-to-date salaries, giving you an understanding of how much your competitors are paying. 4. Experience & Education The more experience and education you require for your role, the higher the salary will have to be. Toggle the experience level on the Salary Guide Calculator to see how it can differ. 5. Industry Depending on the industry, the salary for the same role or job title can vary vastly. In one industry it may be business critical and will command a higher salary, whilst in another it is less so, meaning average salaries are lower. For further information on how to calculate a salary, click here Salary Guide 2021 5

How To Handle An Employee’s Pay Rise Request How do you make the right decision when an employee asks for a pay rise? Often managers alone cannot come to the conclusion of whether or not to grant a pay rise request and will have to involve other stakeholders. There are 5 key areas of consideration to help you achieve an outcome that will satisfy all parties involved. 1. Ask for information and give them a chance to explain why they think they deserve a pay rise, rather than granting or denying their request. Keep in mind, they are asking you this because they would like to stay with the company and so this is a great chance to improve your employee retention. 2. Compare market salaries when you are evaluating their request. Using our Salary Guide Calculator, you can check whether their current salary is in line with market and industry trends. 3. Consider sharing decision making with HR or your direct manager - the people well practiced at handling pay rise requests. Be prepared to provide convincing arguments; they don’t work with the person as closely as you do and won’t necessarily be able to see the value this person brings to the company. Read the full article on handling pay rise requests here Salary Guide 2021 6

5 Considerations When Growing Your Business You’ve spent weeks, even months, in meetings and on calls defining the right growth strategy. Now it’s time to start putting your plans into place by finding an office location and hiring the right people to help you thrive. Choosing the right location for your start-up or somewhere to expand your current business is key. There are some important considerations to be taken into account. Talent, Salaries & Benefits The first thing to consider is people. Does the location provide an adequate staffing pool? And can you afford to hire them? It can be difficult to define who needs to be on your team. Instead of focusing on job titles, it’s better to understand the skills you need. This is where outsourcing the hiring process is often a good decision. Location can also dictate how much you pay your people and the benefits you can offer. When hiring in a specific area, a Salary Guide Calculator is a useful tool to see how payment expectations can change. 1. Geographic Strategic Location If you have suppliers and clients that you may need regular in-person meetings with, you will want to be somewhere that’s relatively easy for them to get to. Additional Consideration: Are there any tax laws in the location you are looking at that need to be accounted for in your budget? 2. Office Type & Cost There are different office type options available. You will most likely be leasing the office space, but if that’s too expensive, there are plenty of co-working spaces available which are less costly and don’t require as much commitment. Find out more about what you should consider when growing your business Salary Guide 2021 7

Resources for Professionals

How To Get Promoted In Your Current Company It’s natural to want your career to develop. Many people have the goal of being promoted as it gives you the opportunity to grow both personally and professionally, gives you further influence within your business, allows you to have greater control over your daily tasks and offers the opportunity to be rewarded with a higher salary. There are 9 key things to consider when you’re thinking about putting yourself forward for an internal promotion: 1. Do you own entire projects? If you can prove that you control projects from conception right through to completion, you’re more indispensable and more likely to be considered for a promotion. 2. Are you compensated fairly in comparison to the industry benchmark? Use our Salary Guide Calculator to figure out how you measure up against the industry average prior to any promotion discussions. 3. Do you raise the performance of your colleagues? Boosting the performance of an entire team rather than just focusing on your personal performance is something leaders look out for. 4. Are you adding value to the company? Even if your role isn’t directly related to generating income, other performance metrics can be translated into revenue generation. Find out more about how to increase your chances of being promoted Salary Guide 2021 9

How To Ask For A Pay Rise: 7 Things To Remember You’re good at your job, you may even be great at it. You’re an integral member of the team as well as an advocate for the wider business. Because of all this, you would like to ask for a pay rise. There are 7 things to remember when approaching this situation: 1. Understand what you are worth in comparison to the wider market. Using our Salary Guide Calculator allows you to benchmark your salary against others in your area of expertise. 2. Highlight your achievements with clear examples and data. Outline how you’ve increased your responsibilities, overcome challenging situations, positively influenced your team or increased efficiencies. 3. Have realistic expectations in terms of what you are requesting. 4. When to ask for a pay rise depends on what has been going on in the business and how well placed it would be to accept your pay rise request. 5. Arrange the meeting to be held face-to-face - or over a video call if you’re working remotely. 6. Show your confidence, remain professional, speak slowly, keep to the facts and try to use mostly positive language. 7. Continue to perform if you got the pay rise you wanted then prove that it was justified. If you didn’t get what you hoped for, ask your manager for targets to work towards in order to be eligible for one in the near future. Learn more about the best way to ask your manager for a pay rise Salary Guide 2021 10

How To Negotiate Your Salary After Receiving A Job Offer You’ve decided to move jobs externally to progress your career. You applied to an interesting opportunity and, great news, you’ve been offered the job. There are a few things to consider when it comes to ironing out the final details. Here are 11 suggestions for what you can do before, during and after your salary negotiation. 1. Benchmark against industry averages: Use our Salary Guide Calculator to discover the average pay for someone with a similar level of experience as you. 2. Consider the total compensation package: Companies may not be able to budge on actual payment, but valuable additional benefits (which is where a lot of your job satisfaction will come from) could be swaying factors. 3. Find out any limitations: There may be salary caps that mean you cannot exceed a certain amount. If there are limitations, think about where there could be flexibility such as extra days of annual leave or additional training. 4. Build up your confidence: If you have done the research (use our Salary Guide Calculator to help you), you are empowered with the knowledge of knowing what you’re worth and that will convey confidence. 5. Be truthful about your past salary: You want to get as high a salary as possible, but you have to be realistic and honest. Read more detail about effective salary negotiation techniques Salary Guide 2021 11

Financial Services Front Office

Japan -- 2021 2021Financial FinancialServices ServicesFront FrontOffice OfficeSalary SalaryGuide Guide Japan Investment Banking Fixed Income Sales ( Per Annum) Job Title Low Average High Analyst 5,000,000 6,000,000 9,000,000 Associate 7,000,000 10,000,000 13,000,000 VP 10,000,000 15,000,000 20,000,000 Director 15,000,000 25,000,000 30,000,000 Managing Director 25,000,000 33,000,000 40,000,000 Job Title Low Average High Analyst 5,000,000 7,000,000 9,000,000 Associate 7,000,000 11,000,000 15,000,000 VP 13,000,000 16,000,000 23,000,000 Director 20,000,000 25,000,000 33,000,000 Managing Director 25,000,000 30,000,000 40,000,000 Job Title Low Average High Analyst 5,000,000 7,000,000 8,000,000 Associate 7,000,000 9,000,000 13,000,000 VP 10,000,000 14,000,000 22,000,000 Director 15,000,000 22,000,000 33,000,000 Managing Director 25,000,000 30,000,000 40,000,000 Job Title Low Average High Analyst 5,000,000 7,000,000 9,000,000 Associate 8,000,000 11,000,000 15,000,000 VP 11,000,000 16,000,000 23,000,000 Director 17,000,000 25,000,000 33,000,000 Managing Director 25,000,000 32,000,000 40,000,000 Investment Banking Fixed Income Trading ( Per Annum) Investment Banking Equity Sales ( Per Annum) Investment Banking Equity Trading ( Per Annum) Investment Banking Equity Research ( Per Annum) Salary Guide 2021 13

Director 17,000,000 25,000,000 33,000,000 Managing Director 25,000,000 32,000,000 40,000,000 Job Title Low Average High Analyst 5,000,000 7,000,000 9,000,000 Associate 7,000,000 10,000,000 12,000,000 VP 10,000,000 14,000,000 22,000,000 Director 17,000,000 23,000,000 33,000,000 Managing Director 25,000,000 31,000,000 40,000,000 Job Title Low Average High Analyst 5,000,000 8,000,000 11,000,000 Associate 9,000,000 11,000,000 15,000,000 VP 12,000,000 15,000,000 18,000,000 Director 18,000,000 22,000,000 25,000,000 Managing Director 20,000,000 30,000,000 40,000,000 Japan - 2021 Financial Services Front Office Salary Guide Investment Banking Equity Research ( Per Annum) Investment Banking Private Equity ( Per Annum) Investment Banking Derivative Structuring ( Per Annum) Job Title Low Average High Analyst 6,000,000 7,000,000 9,000,000 Associate 10,000,000 11,000,000 13,000,000 VP 13,000,000 16,000,000 22,000,000 Director 18,000,000 23,000,000 32,000,000 Managing Director 25,000,000 30,000,000 40,000,000 Job Title Low Average High Analyst 5,000,000 7,000,000 9,000,000 Associate 7,000,000 10,000,000 13,000,000 VP 11,000,000 15,000,000 20,000,000 Director 17,000,000 22,000,000 30,000,000 Managing Director 25,000,000 30,000,000 35,000,000 Investment Banking FX / Commodities ( Per Annum) Investment Banking IBD Coverage Banking ( Per Annum) Salary Guide 2021 14

Director 18,000,000 23,000,000 32,000,000 Managing Director 25,000,000 30,000,000 40,000,000 Job Title Low Average High Analyst 5,000,000 7,000,000 9,000,000 Associate 7,000,000 10,000,000 13,000,000 VP 11,000,000 15,000,000 20,000,000 Director 17,000,000 22,000,000 30,000,000 Managing Director 25,000,000 30,000,000 35,000,000 Japan - 2021 Financial Services Front Office Salary Guide Investment Banking FX / Commodities ( Per Annum) Investment Banking IBD Coverage Banking ( Per Annum) Job Title Low Average High Analyst 6,000,000 7,000,000 11,000,000 Job Title Associate Low 8,000,000 Average 10,000,000 High 12,000,000 VP 15,000,000 17,000,000 22,000,000 Director 20,000,000 22,000,000 30,000,000 Managing Director 30,000,000 32,000,000 35,000,000 Job Title Low Average High Analyst 5,000,000 7,000,000 10,000,000 Associate 8,000,000 9,000,000 12,000,000 VP 13,000,000 16,000,000 20,000,000 Director 17,000,000 21,000,000 33,000,000 Managing Director 30,000,000 32,000,000 35,000,000 Investment Banking ECM / DCM ( Per Annum) Investment Banking M&A Product Specialist ( Per Annum) Job Title Low Average High Analyst 6,000,000 8,000,000 10,000,000 Associate 8,000,000 11,000,000 12,000,000 VP 13,000,000 18,000,000 22,000,000 Director 22,000,000 23,000,000 33,000,000 Managing Director 30,000,000 35,000,000 40,000,000 Investment Banking Structured Finance / Securitisation ( Per Annum) Job Title Low Average High Analyst 5,000,000 7,000,000 9,000,000 Associate 7,000,000 8,000,000 Salary Guide 10,000,000 2021 15 VP 13,000,000 16,000,000 22,000,000

Director 22,000,000 23,000,000 33,000,000 Managing Director 30,000,000 35,000,000 40,000,000 Japan - 2021 Financial Services Front Office Salary Guide Investment Banking Structured Finance / Securitisation ( Per Annum) Job Title Low Average High Analyst 5,000,000 7,000,000 9,000,000 Associate 7,000,000 8,000,000 10,000,000 VP 13,000,000 16,000,000 22,000,000 Director 20,000,000 21,000,000 25,000,000 Managing Director 20,000,000 32,000,000 35,000,000 Corporate Banking Corporate Banking Relationship Managers ( Per Annum) Job Title Low Average High Analyst 5,000,000 7,000,000 9,000,000 Associate 7,000,000 9,000,000 12,000,000 VP 9,000,000 12,000,000 15,000,000 Job Title Director Low 13,000,000 Average 17,000,000 High 22,000,000 Managing Director 23,000,000 29,000,000 40,000,000 Corporate Banking Transaction Banking (Cash Management & Trade Finance) ( Per Annum) Job Title Low Average High Analyst 5,000,000 8,000,000 9,000,000 Associate 8,000,000 10,000,000 12,000,000 VP 11,000,000 13,000,000 17,000,000 Director 15,000,000 18,000,000 22,000,000 Managing Director 25,000,000 30,000,000 40,000,000 Corporate Banking Structured & Project Finance ( Per Annum) Job Title Low Average High Analyst 6,000,000 7,000,000 8,000,000 Associate 8,000,000 10,000,000 12,000,000 VP 11,000,000 13,000,000 17,000,000 Director 15,000,000 18,000,000 22,000,000 Managing Director 25,000,000 32,000,000 40,000,000 Salary Guide 2021 16

Financial Services Operations

Japan -- 2021 2021Financial FinancialServices ServicesOperations OperationsSalary SalaryGuide Guide Japan Project, Change Management Project, Change Management ( Per Annum) Job Title Low Average High Chief Operations Officer 30,000,000 45,000,000 50,000,000 Project, Change Management Business Analysis ( Per Annum) Job Title Low Average High Analyst 5,500,000 7,000,000 8,500,000 Associate 7,000,000 10,000,000 14,000,000 VP 10,000,000 15,000,000 20,000,000 Director 15,000,000 20,000,000 28,000,000 Project, Change Management Business Management ( Per Annum) Job Title Low Average High Associate 8,000,000 11,000,000 14,000,000 VP 12,000,000 17,000,000 22,000,000 Director 20,000,000 22,000,000 30,000,000 Project, Change Management Project Management (Finance) ( Per Annum) Job Title Low Average High Analyst 5,500,000 7,000,000 8,500,000 Associate 7,000,000 11,000,000 14,000,000 VP 10,000,000 15,000,000 20,000,000 Director 15,000,000 20,000,000 22,000,000 Job Title Low Average High Head of Operations 20,000,000 30,000,000 30,000,000 Job Title Low Average High Analyst 5,500,000 6,500,000 8,000,000 Associate 7,000,000 8,500,000 11,000,000 VP 10,000,000 15,000,000 18,000,000 Director 15,000,000 20,000,000 28,000,000 Investment Banking Investment Banking ( Per Annum) Investment Banking Settlements ( Per Annum) Salary Guide 2021 18

Japan - 2021 Financial Services Operations Salary Guide Investment Banking Operations Control ( Per Annum) Job Title Low Average High Analyst 6,000,000 6,500,000 8,000,000 Associate 7,000,000 8,500,000 11,000,000 VP 10,000,000 14,000,000 18,000,000 Director 16,000,000 20,000,000 28,000,000 Managing Director 22,000,000 28,000,000 30,000,000 Job Title Low Average High Analyst 6,000,000 7,000,000 8,500,000 Associate 7,000,000 10,000,000 14,000,000 VP 10,000,000 15,000,000 20,000,000 Director 16,000,000 20,000,000 28,000,000 Managing Director 22,000,000 28,000,000 30,000,000 Investment Banking Trade / Sales Support ( Per Annum) Corporate Banking Corporate Banking Operations ( Per Annum) Job Title Low Average High Analyst 5,000,000 7,000,000 9,000,000 Associate 8,000,000 10,000,000 12,000,000 VP 9,000,000 12,000,000 14,000,000 Director 14,000,000 17,000,000 22,000,000 Managing Director 22,000,000 30,000,000 40,000,000 Corporate Banking Transaction Banking Operations ( Per Annum) Job Title Low Average High Analyst 5,000,000 7,000,000 8,000,000 Associate 9,000,000 10,000,000 12,000,000 VP 10,000,000 12,000,000 15,000,000 Director 15,000,000 18,000,000 20,000,000 Managing Director 25,000,000 30,000,000 40,000,000 Corporate Banking Structured & Project Finance Operations ( Per Annum) Job Title Low Average High Analyst 5,000,000 7,000,000 8,000,000 Salary Guide 2021 19

Director 15,000,000 18,000,000 20,000,000 Managing Director 25,000,000 30,000,000 40,000,000 Japan - 2021 Financial Services Operations Salary Guide Corporate Banking Structured & Project Finance Operations ( Per Annum) Job Title Low Average High Job Title Analyst Low 5,000,000 Average 7,000,000 High 8,000,000 Associate 9,000,000 11,000,000 12,000,000 VP 10,000,000 12,000,000 15,000,000 Director 14,000,000 18,000,000 20,000,000 Managing Director 25,000,000 30,000,000 40,000,000 Salary Guide 2021 20

Audit

Japan -- 2021 2021Audit AuditSalary Salary Guide Guide Japan Audit ( Per Annum) Job Title Low Average High Head of Audit 25,000,000 30,000,000 35,000,000 Job Title Low Average High Analyst 6,000,000 7,000,000 8,000,000 Associate - AVP 8,000,000 10,000,000 13,000,000 VP 12,000,000 15,000,000 18,000,000 Director 17,000,000 22,000,000 28,000,000 Job Title Low Average High Analyst 6,500,000 7,500,000 8,500,000 Associate - AVP 8,000,000 11,000,000 14,000,000 VP 13,000,000 16,000,000 19,000,000 Director 18,000,000 22,000,000 28,000,000 IT Audit ( Per Annum) Internal Audit ( Per Annum) Salary Guide 2021 22

Risk Management

Japan -- 2021 2021Risk RiskManagement ManagementSalary SalaryGuide Guide Japan Risk Management ( Per Annum) Job Title Low Average High Head of Risk 25,000,000 30,000,000 35,000,000 Chief Risk Officer 30,000,000 35,000,000 40,000,000 Job Title Low Average High Analyst 5,000,000 6,000,000 7,000,000 Associate - AVP 7,000,000 9,000,000 11,000,000 VP 11,000,000 14,000,000 18,000,000 Director 18,000,000 22,000,000 28,000,000 Managing Director 25,000,000 30,000,000 30,000,000 Job Title Low Average High Analyst 6,500,000 7,500,000 8,500,000 Associate - AVP 8,000,000 11,000,000 14,000,000 VP 14,000,000 16,000,000 20,000,000 Director 19,000,000 25,000,000 28,000,000 Managing Director 25,000,000 30,000,000 30,000,000 Job Title Low Average High Analyst 6,500,000 7,500,000 8,500,000 Associate - AVP 8,000,000 11,000,000 13,000,000 VP 12,000,000 16,000,000 19,000,000 Director 18,000,000 25,000,000 28,000,000 Managing Director 25,000,000 30,000,000 30,000,000 Job Title Low Average High Analyst 6,000,000 7,000,000 8,000,000 Associate - AVP 8,000,000 10,000,000 13,000,000 VP 12,000,000 15,000,000 18,000,000 Operational Risk ( Per Annum) Credit Risk ( Per Annum) Market Risk ( Per Annum) Liquidity Risk ( Per Annum) Salary Guide 2021 24

Director 18,000,000 25,000,000 28,000,000 Managing Director 25,000,000 30,000,000 30,000,000 Job Title Low Average High Analyst 6,000,000 7,000,000 8,000,000 Associate - AVP 8,000,000 10,000,000 13,000,000 Job Title VP Low 12,000,000 Average 15,000,000 High 18,000,000 Director 17,000,000 22,000,000 28,000,000 Managing Director 25,000,000 30,000,000 30,000,000 Japan - 2021 Risk Management Salary Guide Liquidity Risk ( Per Annum) Salary Guide 2021 25

Legal & Compliance

Japan -- 2021 2021Legal Legal&&Compliance ComplianceSalary Salary Guide Guide Japan Compliance Compliance ( Per Annum) Job Title Low Average High Head Of Compliance 25,000,000 30,000,000 40,000,000 Job Title Low Average High Analyst 5,500,000 6,500,000 8,000,000 Associate 7,000,000 10,000,000 12,000,000 VP 11,000,000 15,000,000 19,000,000 Director 18,000,000 22,000,000 28,000,000 Job Title Low Average High Analyst 6,000,000 7,000,000 8,000,000 Associate 8,000,000 10,000,000 13,000,000 VP 12,000,000 15,000,000 18,000,000 Director 17,000,000 21,000,000 26,000,000 Job Title Low Average High Analyst 6,500,000 7,500,000 8,500,000 Associate 8,000,000 10,000,000 13,000,000 VP 12,000,000 15,000,000 19,000,000 Director 17,000,000 22,000,000 28,000,000 Job Title Low Average High Analyst 7,000,000 8,000,000 9,000,000 Associate 8,000,000 10,500,000 13,000,000 VP 13,000,000 16,000,000 20,000,000 Director 20,000,000 25,000,000 30,000,000 Compliance Core / Central Compliance ( Per Annum) Compliance Surveillance / Monitoring ( Per Annum) Compliance Control Room ( Per Annum) Compliance Advisory ( Per Annum) Legal Legal (In House) ( Per Annum) Salary Guide 2021 27

VP 13,000,000 16,000,000 20,000,000 Director 20,000,000 25,000,000 30,000,000 Job Title Low Average High Junior Legal Assistant 4,000,000 6,000,000 8,000,000 Senior Legal Assistant 7,000,000 9,000,000 11,000,000 Legal Counsel 10,000,000 14,000,000 18,000,000 Senior Counsel 16,000,000 20,000,000 25,000,000 General Counsel 24,000,000 25,000,000 30,000,000 Head of Legal 30,000,000 35,000,000 40,000,000 Japan - 2021 Legal & Compliance Salary Guide Legal Legal (In House) ( Per Annum) Salary Guide 2021 28

Asset Management

Japan -- 2021 2021Asset AssetManagement Management Salary Salary Guide Guide Japan Front Office Toshin Sales (ITM Sales) ( Per Annum) Job Title Low Average High Analyst 7,000,000 8,000,000 10,500,000 Associate 8,000,000 11,000,000 12,000,000 VP 11,000,000 14,000,000 22,000,000 Director 15,000,000 21,000,000 26,000,000 Managing Director 18,000,000 26,000,000 40,000,000 Front Office Institutional Sales (Pension & Financial Institutions) ( Per Annum) Job Title Low Average High Analyst 8,000,000 9,000,000 11,000,000 Associate 9,000,000 9,500,000 12,000,000 VP 11,000,000 15,500,000 21,000,000 Director 16,000,000 22,000,000 28,000,000 Managing Director 18,000,000 26,000,000 40,000,000 Job Title Low Average High Analyst 6,500,000 7,500,000 10,000,000 Associate 7,200,000 9,500,000 12,000,000 VP 10,000,000 15,000,000 18,000,000 Director 14,000,000 18,000,000 26,000,000 Managing Director 16,000,000 24,000,000 36,000,000 Job Title Low Average High Analyst 7,000,000 8,500,000 9,000,000 Associate 8,000,000 9,000,000 13,000,000 VP 10,000,000 14,000,000 18,000,000 Director 11,000,000 17,000,000 20,000,000 Managing Director 13,000,000 20,000,000 26,000,000 Front Office Fund Manager ( Per Annum) Front Office Research Analyst ( Per Annum) Middle Office Product Management (Sub-Delegated FM) ( Per Annum) Salary Guide 2021 30

Director 11,000,000 17,000,000 20,000,000 Managing Director 13,000,000 20,000,000 26,000,000 Japan - 2021 Asset Management Salary Guide Middle Office Product Management (Sub-Delegated FM) ( Per Annum) Job Title Low Average High Analyst 7,000,000 8,000,000 10,000,000 Associate 8,000,000 9,500,000 13,000,000 VP 11,000,000 14,000,000 18,000,000 Director 14,000,000 16,000,000 22,000,000 Managing Director 16,000,000 20,000,000 26,000,000 Job Title Low Average High Analyst 7,000,000 8,000,000 11,000,000 Associate 8,000,000 8,500,000 12,000,000 VP 10,000,000 15,500,000 18,000,000 Director 14,000,000 18,000,000 21,000,000 Managing Director 18,000,000 21,000,000 28,000,000 Job Title Low Average High Analyst 6,500,000 8,000,000 8,500,000 Associate 8,000,000 9,000,000 11,000,000 VP 10,000,000 12,000,000 18,000,000 Director 11,000,000 15,000,000 17,000,000 Managing Director 14,000,000 18,000,000 26,000,000 Job Title Low Average High Analyst 8,000,000 9,000,000 10,000,000 Associate 8,500,000 10,000,000 12,000,000 VP 10,000,000 15,000,000 18,000,000 Director 12,000,000 19,000,000 24,000,000 Managing Director 16,000,000 23,000,000 29,000,000 Job Title Low Average High Analyst 6,500,000 7,000,000 8,000,000 Associate 7,000,000 8,500,000 10,000,000 Middle Office Product Development ( Per Annum) Middle Office Trader ( Per Annum) Back Office Compliance ( Per Annum) Back Office Performance Analyst ( Per Annum) Salary Guide 2021 31

Director 12,000,000 19,000,000 24,000,000 Managing Director 16,000,000 23,000,000 29,000,000 Job Title Low Average High Analyst 6,500,000 7,000,000 8,000,000 Job Title Associate Low 7,000,000 Average 8,500,000 High 10,000,000 VP 9,000,000 12,000,000 14,000,000 Director 11,000,000 16,000,000 18,000,000 Japan - 2021 Asset Management Salary Guide Back Office Performance Analyst ( Per Annum) Back Office Client Reporting (Institutional & Retail) ( Per Annum) Job Title Low Average High Analyst 6,000,000 7,500,000 8,000,000 Associate 7,000,000 9,000,000 9,500,000 VP 10,000,000 12,000,000 15,000,000 Director 12,000,000 13,500,000 18,000,000 Job Title Low Average High Analyst 6,500,000 7,500,000 8,800,000 Associate 7,500,000 8,500,000 11,500,000 VP 9,500,000 12,000,000 14,000,000 Director 10,000,000 15,000,000 16,000,000 Back Office Documentation & RFP ( Per Annum) Back Office Operations (Fund Accounting & Pension Accounting) ( Per Annum) Job Title Low Average High Analyst 6,000,000 7,000,000 8,500,000 Associate 7,000,000 9,000,000 10,000,000 VP 9,000,000 12,000,000 16,000,000 Director 10,000,000 13,000,000 17,000,000 Managing Director 14,000,000 19,000,000 22,000,000 Job Title Low Average High Analyst 5,000,000 7,000,000 8,000,000 Associate 6,500,000 9,000,000 11,000,000 VP 8,000,000 10,000,000 13,000,000 Director 12,000,000 15,000,000 17,000,000 Managing Director 17,000,000 Back Office Accounting ( Per Annum) Salary Guide 2021 19,000,000 32 22,000,000

Director 10,000,000 13,000,000 17,000,000 Managing Director 14,000,000 19,000,000 22,000,000 Job Title Low Average High Analyst 5,000,000 7,000,000 8,000,000 Associate 6,500,000 9,000,000 11,000,000 VP 8,000,000 10,000,000 13,000,000 Director 12,000,000 15,000,000 17,000,000 Managing Director 17,000,000 19,000,000 22,000,000 Job Title Low Average High Analyst 5,000,000 6,000,000 7,500,000 Associate 6,000,000 7,000,000 9,000,000 VP 7,500,000 8,000,000 9,500,000 Director 7,500,000 8,750,000 10,500,000 Job Title Low Average High Analyst 5,000,000 7,000,000 8,

Salary Guide 2021 14 Japan - 2021 Financial Services Front Office Salary Guide Investment Banking Fixed Income Sales ( Per Annum) Job Title Low Average High Analyst 5,000,000 6,000,000 9,000,000 Associate 7,000,000 10,000,000 13,000,000 VP 10,000,000 15,000,000 20,000,000 Director Investment Banking Equity Research

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Dice Tech Salary Survey 4 AVERAGE SALARY 77,801 AVERAGE SALARY 86,416 AVERAGE SALARY 83,481 AVERAGE SALARY 91,171 AVERAGE SALARY 80,987 SALARY SATISFACTION AVERAGE SALARY 87,324 CHANGING EMPLOYERS are undergoing major disruption. The migration from hardware-based storage to cloud storage¹ and the explosion of IoT technologies connecting billions of

Salary Survey analysis: Overview Salary Survey analysis: Salaries Salary Survey analysis: Benefits Salary Survey analysis Diversity Salary Survey analysis: Brexit Salary respondent demographics In this e-guide: Computer Weekly's 2018 Salary Survey gives us a snapshot of what IT professionals in the UK&I are getting paid, as well as

Last salary change was an increase of 5% 8% of comp not salary related (ie. bonus) IT Staff 87,655 118,231 139,557 Average Salary per years worked Average of 16 years working Average salary AUD 100,871 Last salary change was an increase of 9% 18% of comp not salary related (ie. bonus) TechTarget, 2016 APAC Salary .

Dice 2018 Tech Salary Report4 REASONS FOR CHANGING EMPLOYERS AVERAGE SALARY 79,889 Higher 63% compensation AVERAGE SALARY 87,464 Better working 45% conditions AVERAGE SALARY 86,696 More 30% responsibility AVERAGE SALARY 84,516 Shorter 16% commute AVERAGE SALARY 83,299 13% Relocation AVERAGE SALARY 92,953 13% Other

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