Research Exec - market research

[HideSpore]

Hello guys,

I am looking for a new position and several agencies asked me what do I expect for my monthly salary.

Profile is:
Master's degree from a business school in Europe
2 years experience in a small agency

Could you tell me circa how much can I ask with this background?

Thanks a lot

Originally Posted by HideSpore

Hello guys,

I am looking for a new position and several agencies asked me what do I expect for my monthly salary.

Profile is:
Master's degree from a business school in Europe
2 years experience in a small agency

Could you tell me circa how much can I ask with this background?

Thanks a lot

What sort of research do you intend to do? If it is highly specialized technical research in a high tech or pharmaceutical company, the pay will vary substantially depending on exact nature of work. Of course the often hyped up banking & investment analyst work is a different ball game altogether.

If it's normal market research like competition, economic landscape, labor trends etc., it should be around 3k per month since you have a little prior experience.

For big market research companies like Nielsen, TNS, Synovate etc...
2 years experience probably you can ask for 2.6-2.8k.
Some of the smaller agencies pay slightly better.

What is a typical salary range for a director position ( of the research team, not the company)? It seems like it's a ceiling already.

Originally Posted by Unregistered

What is a typical salary range for a director position ( of the research team, not the company)? It seems like it's a ceiling already.

5-10k. It really depends on many factors.

That is a wide range... I was beginning to question if it's worth it to slog in the MR industry..

[poor and stupid]

Originally Posted by Unregistered

That is a wide range... I was beginning to question if it's worth it to slog in the MR industry..

Seriously, "marketing research" is one of the most subjective job scope ever, pay range of cos is super subjective from 1k to 30k (see recent news). Usually if you are not connected to the owner, they will just pay you as a general dip/deg holder lor since "MR" is almost like gambling.... those that are super duper paid are usually connected to the owners.

What do you mean by connected to the owners? Why is it gambling? Do you mean paying for research has no guarantee that it will help therefore it's akin to gambling?

[poor and stupid]

Originally Posted by Unregistered

What do you mean by connected to the owners? Why is it gambling? Do you mean paying for research has no guarantee that it will help therefore it's akin to gambling?

with all due respect to the MR industry, yes, i mean it does not have a guarantee profit, which is to say, all research jobs are the same. It is not measurable between differences. And as it is a non-technical job, any auntie "can" (not qualify) be placed in that job. What the MR can do, is to minimize risk and abolish "stupid" ideas.

Originally Posted by Unregistered

That is a wide range... I was beginning to question if it's worth it to slog in the MR industry..

Not worth it. Unless you're at client side.