Corp Comms and PR people pls come in
Hi folks, I'm new here :)
Just wanted to find out what the market is paying for Corp Comms and PR positions these days. I didn't make it to the course I wanted in local Uni so I went to MDIS to do a Business Management degree. Got a 2nd upper. I joined the workforce at age 25 after graduation. I'm currently 30 and I'm now in my second job working as a Corp Comms Exec in a non-profit organisation for the past 2.5 years. I do not have prior experience in Corp Comms and PR industry, so I learnt everything from scratch on the job. I'm currently drawing $2.8K per mth. Wondering if I'm being paid OK or is the market paying more these days? Please feel free to share. Cheers. |
yup, sounds about right
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Hmm, are there no corp comms and PR people on this forum? :confused:
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Looking for a Corporate Communication Manager
Hi all,
I am currently sourcing for a Corporate Communication Manager for a FMCG company. The incumbent must have a minimum of 6 years of relevant experience working for a company in the FMCG sector in a same capacity. Please do not hesitate to drop me an email at [email protected] if you are interested in the position. All applications will be kept highly confidential. Thanks and Regards. |
I'll check in. I've 10 yrs of experience in PR/advertising/comms, currently doing in-house comms in the healthcare industry. My monthly salary is $4.3K. I'm not sure whether I'm under/over/fairly paid, but since I got a 20 per cent increment when I moved to my current position, I'm not complaining.
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Corpcomms work in GLCs, MNCs + Investor relations work
I would like some advice/insights on corpcomms job in various sectors, namely in GLCs, and private sector. Would also want to hear about Investor Relations jobs.
Can forum users here share how corpcomms work is like in GLCs like Changi Airport, Singtel, Ascendas, and MNCs; and whether my background/experience below would be useful? How is the pay like? Job scope? As for Investor relations job, would they want someone like me with corpcomms background looking for a career switch? How different is investor relations from the usual corpcomms work? What would the pay be like? Is it extremely demanding, in the sense that public listed companies would always push for their IR officers to promote and say positive things abt the company; and then when share price drop are these IR guys at risk of losing jobs? some background : I graduated with a comms degree from local uni. I have been working in the corpcomms dept of a major Stat board for 3 years plus now. I handle mostly media relations work (press release, announcements, media events, day to day media queries and forum letters etc). I am comfortable with the fast pace environment. There is always lots to do and we need to prioritise our work. I do not fancy moving to corpcomms in Ministries as I've seen for myself how they work. |
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I think not so much about risking the lost of jobs. At the end of the day, share price is not something the IR people can control. So it's not fair to tag it to their KPI. In addition, the IR folks must know the operation's business, financials at the back of their hands. Especially when you are dealing with huge MNCs that are listed. There will be tens of banks covering your company so when they ask you about the financial statements, you need to be able to answer. Finance background will thus be necessary. |
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In terms of handling investors, your main job is to answer standard queries like rights issue procedures, dividend payments, action deadlines etc. For more technical questions on business matters, the job is more about forwarding the queries to the right person in finance to do the answering. Most IR people are marketing and PR background and have little or no knowledge in finance or investment operations of the business. If let’s say an investor ask you about the the basis to determining the impairment of goodwill, IR is neither authorised or expected to answer straight. You just need to forward to Finance and then cut & paste the answer and reply the investor. Similarly if someone ask about potential competitive erosion from new innovations, you forward them to the marketing or corp planning side and ask them to give you template answer. When dealing with institutional investors in a formal setting, there will always be representatives from Finace or Business heads on hand to answer the in depth questions. IR only needs to memorise a few basic things like profit / revenue and margin numbers and some key customers and comeptitors. Nothing too specific. |
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Having said that, I think it's helpful to pick up finance because it's a very important skill and it helps you gel your operation knowledge to the financials. It will close the loop and makes things alot more easier to explain. |
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You need to study every single details about the deal and predict all the questions your shareholders will ask in advance. Shareholders are typically not the problematic ones. The Equity Research Analysts are. I think we are moving into a new phase. It's hard to find proficient IR Professionals but bigger companies are focusing their efforts on finding the best. So if you train yourself up to be well-versed in picking up the technicalities behind your companies' operations and financials, you will naturally be highly sought after. |
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Anyone have heard of or attended this course before? And what would the pay for IR jobs be like? Would it be as competitive as what Stat boards pay their corpcomms ppl? Also what about corpcomms at GLCs (lets assume we are talking about non -listed ones)? For those with corp comms background, would you choose corpcomms at Stat Boards, GLC, MNC, or PR agencies? Do come and share your experience! |
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I have experience in multi-billion listed companies IR. The pay is extremely competitive. But I'm not so sure about the smaller companies. And because good IR professionals are extremely scarce, the career progression is remarkable if you are really good. I think it's best if you join a GLC/MNC. PR agencies lacks the depth at the end of the day. The course you highlighted above seems pretty good. It covers a broad area of topics. I think for those without financial background, it should help quite a fair bit in terms of introducing you to the field of finance. For those who have finance background, it's really not necessary to attend the course. |
The Thread topic should rename as "IR people come in" instead of "CorpComm, MarCom or PR people come in"
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APEC - Communications Manager
://apec.org/About-Us/APEC-Secretariat/Employment/CommsOutreachManager.aspx |
One of the main problems facing IR industry as a whole is that people who are good in Finance and Business Analytics generally move on to greener pastures in Finance or Strategy related department while those who are good in PR and Coms works generally move on to Marketing department.
The main problem is a percieved lack of prestige and career opportunities. IR in most companies is still seen as a niusance to have around to keep those pesky research analyst and investors at bay. It's like a vicious cycle, the good ones leave, left with the mediocre ones that create a sub par environment which in turn encourage people with potential to leave. The giant MNCs are half decent, but the situation is really bad among mid/small MNCs, local companies and GLC. I'm generalizing here as I'm sure there are a few good IR people around, but by and large this industry is in a very limbo state with pockets of good companies here & there. If someone is starting career fresh from school, my advice is to go to the marcom side of things first and perhaps do a short stint of a few years somewhere middle of the career if you really are interested. |
Communication Manager IKEA
://.linkedin.com/jobs2/view/55962172 Internal Communication Manager IKEA ://.linkedin.com/jobs2/view/55959805 |
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://.linkedin.com/jobs2/view/44936465
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s://jobs.accor.com/Job-vacancy/Sustainable-development-and-communications-manager+Headquarters-others,j,3,181142,en.html |
How far apart are Comms and Finance people's salary?
Is it a big difference |
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s://.gov.uk/government/uploads/system/uploads/attachment_data/file/454603/Advert-_Communications_Manager_-_Strategic_Campaigns.pdf |
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