Why are salaries so low in Indonesia?

Wages are so low in Indonesia because that keeps the unemployment rate low. This in turn prevents a whole raft of social problems caused by high unemployment.

What is considered a good salary in Indonesia?

According to the report, if you are a business development manager at an oil and gas company, you can expect to earn somewhere between Rp. 50 million (US$3,750) and Rp. 100 million (US$7,500) per month in salary. In Indonesia, this is considered a great income.

How much money do people make in Indonesia?

People working in Indonesia make an average gross salary of $13,436 a year, $1,120/month, and $6.46 an hour. These numbers differ between cities, industries, and job titles.

What is a good salary in Jakarta?

A person working in Jakarta typically earns around 13,800,000 IDR per month. Salaries range from 3,500,000 IDR (lowest average) to 61,800,000 IDR (highest average, actual maximum salary is higher). This is the average monthly salary including housing, transport, and other benefits.

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Does Indonesia have a minimum wage?

Minimum Wages in Indonesia is expected to reach 4.42 IDR Million/Month by the end of 2021, according to Trading Economics global macro models and analysts expectations.

What is the most common job in Indonesia?

  1. Teacher. Being a teacher is one noble job in the world. …
  2. Bank Employees. Of course, to get a high salary a.k.a money, one should work where the money keeps circulating. …
  3. Government Employees. …
  4. Marketing. …
  5. Indonesian Migrant Workers. …
  6. IT. …
  7. Journalist. …
  8. Accountant.

How much does it cost to live in Indonesia for a month?

According to a survey, the cost of living in Indonesia for a single person averages at Rp 13,415,843 (about $900) a month. While a family of four may need up to Rp 29,846,962 (about $2,000) to live comfortably. These amounts, however, tend to vary all throughout the country.

What jobs do people have in Indonesia?

Most expats in Indonesia are employed by foreign companies, teach English, or work in the export sector. As getting a working visa is not the easiest step in the moving process, foreign companies are an expat’s best bet for being able to work in Indonesia.

What is the price of a house in Indonesia?

Property Prices in Indonesia

Rent Per Month Edit
Apartment (3 bedrooms) in City Centre 9,505,983.27Rp
Apartment (3 bedrooms) Outside of Centre 5,654,487.22Rp
Buy Apartment Price Edit
Price per Square Feet to Buy Apartment in City Centre 2,258,782.64Rp

What’s the average cost of living in Indonesia?

Summary: Family of four estimated monthly costs are 1,570$ (22,705,338Rp) without rent. A single person estimated monthly costs are 454$ (6,559,972Rp) without rent. Cost of living in Indonesia is, on average, 48.96% lower than in United States.

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How much is rent in Jakarta?

Renting a 50m2 apartment in a “good” area of Jakarta costs about 500-1000 USD/mo. Most of the time “good” will mean either Central (Jakarta Pusat) or South (Jakarta Selatan). If you are looking to cut costs, it’s possible to rent a small apartment for 200-400 USD/mo.

How expensive is it to live in Jakarta?

Summary about cost of living in Jakarta, Indonesia: Family of four estimated monthly costs are 1,928$ (27,353,732Rp) without rent. A single person estimated monthly costs are 560$ (7,944,160Rp) without rent. Jakarta is 56.82% less expensive than New York (without rent).

What is the average salary in Jakarta?

Average Salary / Jakarta. Average salary in Jakarta is 429,512,214 IDR per year. The most typical earning is 97,177,850 IDR. All data are based on 1,525 salary surveys.

Is labor cheap in Indonesia?

Indonesia has the largest labour force in Southeast Asia and the labour cost is still considerably cheaper than its neighbouring countries. Despite the economic slowdown in 2020, it is still one of the world’s biggest and fast-growing economies, making it attractive for doing business in Indonesia.

What is the minimum hourly wage in Indonesia?

$1.29 per hour

In Indonesia, minimum wage varies depending on the region of the archipelago, much like the United States’ individual state minimum wage rates. Salaries vary from 1,100,000 in Jawa Tengah to 1,621,172 in Bali. Jakarta’s wage remains the highest in the nation.

What is the minimum salary in USA?

Employers generally have to pay workers the highest minimum wage prescribed by federal, state or local laws. As of January 2020, there were 29 states and D.C. with a minimum wage higher than the federal minimum.

Economists.

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City Effective minimum wage
Houston $7.26
United States $7.25
San Francisco $7.03
Chicago $7.01
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