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-   -   Corp Comms and PR people pls come in (https://forums.salary.sg/income-jobs/874-corp-comms-pr-people-pls-come.html)

jaydon84 30-04-2010 12:20 PM

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.

Unregistered 30-04-2010 04:07 PM

yup, sounds about right

jaydon84 03-05-2010 09:16 AM

Hmm, are there no corp comms and PR people on this forum? :confused:

XaNth 23-07-2010 06:28 PM

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.

spindr 09-04-2011 01:37 PM

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.

Unregistered 05-04-2015 05:46 PM

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.

killuagon 05-04-2015 08:29 PM

Quote:

Originally Posted by Unregistered (Post 65053)
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.


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.

Unregistered 06-04-2015 11:31 AM

Quote:

Originally Posted by killuagon (Post 65057)
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.

I was working in the IR department in one of the big listed blue chip Singapore company and I disagree that much financial knowledge is needed in this job. IR department is more about organizing functions like analyst briefing, site visits, agm, investor roadshows etc. They also do things like handling press releases, collating power point presentation slides and manning investor relations helpdesk.

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.

Unregistered 06-04-2015 11:40 AM

Quote:

Originally Posted by Unregistered (Post 65083)
I was working in the IR department in one of the big listed blue chip Singapore company and I disagree that much financial knowledge is needed in this job. IR department is more about organizing functions like analyst briefing, site visits, agm, investor roadshows etc. They also do things like handling press releases, collating power point presentation slides and manning investor relations helpdesk.

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.

I agree. In fact, I'm not surprised that most of the IR people don't really know their Finance. However, in my company, we are expected to know our financials because we communicate a lot with the equity research analysts. Perhaps, that's why they like to consult us so much because few firms' IR know anything about financials. So the bank analysts can't be bothered with asking them the questions too.

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.

Unregistered 06-04-2015 05:59 PM

Quote:

Originally Posted by Unregistered (Post 65085)
I agree. In fact, I'm not surprised that most of the IR people don't really know their Finance. However, in my company, we are expected to know our financials because we communicate a lot with the equity research analysts. Perhaps, that's why they like to consult us so much because few firms' IR know anything about financials. So the bank analysts can't be bothered with asking them the questions too.

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.

I think your exp is not the normal kind, if only more IR people are like you. I dealt with a lot of IR managers as a shareholder and most of them just read off standard answers from the FAQ script, you ask them a bit more they will taichi by saying will get back later. Very obvious they have no financial background at all. During 1 of the AGM I chat with the IR specialist and was quite surprise when she said she just recently transfered from HR event management side.

killuagon 06-04-2015 07:06 PM

Quote:

Originally Posted by Unregistered (Post 65105)
I think your exp is not the normal kind, if only more IR people are like you. I dealt with a lot of IR managers as a shareholder and most of them just read off standard answers from the FAQ script, you ask them a bit more they will taichi by saying will get back later. Very obvious they have no financial background at all. During 1 of the AGM I chat with the IR specialist and was quite surprise when she said she just recently transfered from HR event management side.

Precisely, I think as an IR professional. It's quite embarassing to not know your financials. Especially when your company is big and you do a lot of deals.

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.

Unregistered 06-04-2015 10:17 PM

Quote:

Originally Posted by Unregistered (Post 65105)
I think your exp is not the normal kind, if only more IR people are like you. I dealt with a lot of IR managers as a shareholder and most of them just read off standard answers from the FAQ script, you ask them a bit more they will taichi by saying will get back later. Very obvious they have no financial background at all. During 1 of the AGM I chat with the IR specialist and was quite surprise when she said she just recently transfered from HR event management side.

I am the poster of #6. Thank you guys for offering the insights to IR work. I invest in stocks myself, and understand the importance of these financials to investors/analysts. As a person, I prefer to be in-the-know and cannot stand being clueless on the work I handle. In fact, I have done some research, and came to know about the IRPAS (Investor Relations Professionals Association Singapore); was thinking of going for this course if i were to switch to IR one day. --> International Certificate in Investor Relations. ://.irpas.com/html/courses_details.php?id=1

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!

Unregistered 06-04-2015 10:25 PM

Quote:

Originally Posted by Unregistered (Post 65115)
I am the poster of #6. Thank you guys for offering the insights to IR work. I invest in stocks myself, and understand the importance of these financials to investors/analysts. As a person, I prefer to be in-the-know and cannot stand being clueless on the work I handle. In fact, I have done some research, and came to know about the IRPAS (Investor Relations Professionals Association Singapore); was thinking of going for this course if i were to switch to IR one day. --> International Certificate in Investor Relations. ://.irpas.com/html/courses_details.php?id=1

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!

Yeah IRPAS is the main organisation for IR. Alot of Heads of Investor Relations are part of the programmes they host. In fact, its compulsory for them to contribute from time to time.

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.

Gryphon 07-04-2015 05:26 PM

The Thread topic should rename as "IR people come in" instead of "CorpComm, MarCom or PR people come in"

Unregistered 07-04-2015 10:08 PM

APEC - Communications Manager
://apec.org/About-Us/APEC-Secretariat/Employment/CommsOutreachManager.aspx

Unregistered 08-04-2015 09:55 AM

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.

Unregistered 08-04-2015 09:14 PM

Communication Manager IKEA
://.linkedin.com/jobs2/view/55962172

Internal Communication Manager IKEA
://.linkedin.com/jobs2/view/55959805

Unregistered 10-04-2015 03:32 PM

Quote:

Originally Posted by Unregistered (Post 65186)
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.

Reason is simple. If one is really that good with strategy or financial matters, why stay in IR when so many opportunities in management consultancies or banking? Can get paid 2-3x more than staying...

Unregistered 17-04-2015 10:04 PM

://.linkedin.com/jobs2/view/44936465
Senior Executive / Assistant Manager (Corporate Social Responsibility)
Hitachi

Unregistered 26-05-2015 12:40 AM

International Public Affairs Manager
Diageo
://.linkedin.com/jobs2/view/51284810

Unregistered 13-07-2015 09:52 PM

Accor - SUSTAINABLE DEVELOPMENT AND COMMUNICATIONS MANAGER
s://jobs.accor.com/Job-vacancy/Sustainable-development-and-communications-manager+Headquarters-others,j,3,181142,en.html

killuagon 13-07-2015 09:54 PM

How far apart are Comms and Finance people's salary?

Is it a big difference

Unregistered 16-07-2015 02:25 PM

Quote:

Originally Posted by killuagon (Post 69898)
How far apart are Comms and Finance people's salary?

Is it a big difference

what are your interests?

Unregistered 16-07-2015 10:08 PM

American Embassy - Media Coordinator
://sg.jobsdb.com/sg/en/job/media-coordinator-400003002492312

Unregistered 19-08-2015 10:16 AM

HSBC - Associate, Corporate Sustainability
s://.linkedin.com/jobs2/view/78790555

Credit Suisse - Corporate Communiation Officer
://.linkedin.com/jobs2/view/78796465

Unregistered 20-08-2015 09:47 PM

British High Commission - Communications Manager
s://.gov.uk/government/uploads/system/uploads/attachment_data/file/454603/Advert-_Communications_Manager_-_Strategic_Campaigns.pdf

Unregistered 30-08-2015 11:15 PM

Corporate Citizenship Manager
s://.linkedin.com/jobs2/view/81159429

Cotton On Foundation Coordinator - Asia
://.indeed.com.sg/rc/clk?jk=fea93d83e14564bc

Unregistered 01-09-2015 07:46 PM

South Australian Tourism Commission
Marketing & PR Intern
://.*************/jobs/detail/15341

Unregistered 17-09-2015 09:39 AM

Microsoft - Citizenship Manager
://.linkedin.com/jobs2/view/73504945

Unregistered 25-09-2015 10:32 PM

Senior Communications Officer
The World Bank
://.indeed.com.sg/rc/clk?jk=937d2da4f277f8d7

Unregistered 28-09-2015 05:28 PM

PR Manager
Tourism Australia
://.linkedin.com/jobs2/view/75069731

Unregistered 01-10-2015 08:40 AM

Communications Business Partner
Rolls-Royce
://.linkedin.com/jobs2/view/75083928

Unregistered 01-10-2015 06:48 PM

Director Corporate Communications
://.jobstreet.com.sg/en/job/4861238

Unregistered 11-12-2015 04:23 PM

GSK - Future Leaders Programme - Communications
://.indeed.com.sg/rc/clk?jk=835585d16acb028c

Unregistered 11-12-2015 04:23 PM

Corporate Responsibility and Community Partnerships Lead
://.indeed.com.sg/rc/clk?jk=48c76666533d76ba

Unregistered 11-02-2016 08:18 PM

Istana - Deputy Head (Media & Communications)
://careers.pageuppeople.com/688/cwlive/en/job/504461/deputy-head-media-communications

Unregistered 11-02-2016 08:19 PM

Coca Cola - Senior Content Manager
://.indeed.com.sg/rc/clk?jk=b81ab35f66dc800e

Unregistered 12-03-2016 01:08 AM

Intel - Regional Communications Manager
://.indeed.com.sg/rc/clk?jk=44b9ae481d7bf9b8

Unregistered 18-03-2016 09:16 PM

AirBnB - Internal Communications Coordinator
://.linkedin.com/jobs2/view/105701198

Unregistered 18-03-2016 10:17 PM

Hilton Intern, Corporate Responsibility
://.linkedin.com/jobs2/view/128797254


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