Our 2023 salary guide look at average salaries and benefits across six sectors in Malta. The guide uses data from jobs posted in Malta to highlight key trends and insights, enabling you to benchmark the average salaries for your workforce across Malta, or find out what you could be earning. Download our free guide now to compare average salaries and benefits across Malta.
Entering 2023, the landscape looks uncertain, with many EU countries battling rising inflation rates. On top of this, the workforce in Malta has shrunk, with the demand for workers, alongside the ongoing impact of the pandemic, affecting the skills gaps across the country.
It’s more important than ever that you check your salaries and benchmark against your competition to ensure you can attract and retain the right professionals to your workforce.
Using data from jobs posted by Reed, our 2023 Malta salary guide is the ultimate salary checker. By using our guide to inform your average salary, you’ll be able to understand what job roles are worth across all regions in Malta, helping you to stand out when looking for new employees or searching for your next role.
Who is this salary guide designed for?
Whether you’re looking to find out what your current salary should be, what you could be earning in the next step on the career ladder, or whether you are paying your team a fair market rate, our salary guide allows you to compare salaries across Malta – from accountancy and finance jobs through to the latest technology roles. Take advantage of our guide and use it as a salary calculator throughout 2023.
Are you an employer looking for benchmarking advice?
You can use our salary guide to compare salaries and benefits, allowing you to make sure your remuneration packages are up to date and relevant. At a time when talent is hard to come by, you must stay ahead of the game to appeal to those looking to explore their options. Failure to do so could leave job application numbers low and your competitors thriving.
Are you trying to find out what you should be earning?
Use our 2023 salary guide to know your worth, help you decide on a new job you have been offered, or even plan the next step on your career ladder – would changing sectors enable you to earn more?
What sectors does our salary guide cover?
The Reed 2023 Malta salary guide assess salaries and benefits across the following six sectors:
Accountancy & finance
Business support & administration
Human resources
Financial services
Marketing & sales
Technology
So, whether you’re looking to hire a chief financial officer (CFO), financial controller, HR business partner, sales professional, or marketing manager, or if you’re trying to find out what you should be earning as a banking officer, or IT manager, you can use Reed’s guide for reassurance.
Why download the Reed Malta salary guide?
It’s the most reliable salary guide in Malta, based on jobs that come to our specialist recruitment team. We highlight the average salaries for roles across the six sectors listed above, give you a minimum and maximum salary scale, and, for some roles, compare average salary growth over the past three years.
On top of this, our guide features insights from our specialism experts who give an overview of the sector on a national level and what to expect from the jobs market in 2023.
With up-to-date data at your fingertips, you have the tools to ensure you are best informed to make the right choices.
How can the Reed salary guide help with my benefits/rewards benchmarking?
We surveyed 172 Maltese workers about both their current and ideal working situation to help further inform you. You can read the full highlights in our ‘Our survey says’ section of the guide.
Key findings from our research include:
20% are ‘somewhat unhappy’ with their current salary – ten per cent reporting to be ‘very unhappy’ with it. When asked why they are unhappy, 65% of respondents said it was because they believe they could get paid more elsewhere.
14% of those surveyed said they do not receive any benefits where they currently work.
Of those who do, the top three benefits people receive are health insurance (62%), performance related bonus (45%), and flexible working hours (44%).
When looking for a new job, 63% would find health insurance to be one of the most attractive benefits followed an annual salary increment (62%), flexible working hours (56%), and a performance bonus (54%).
To help you make an informed choice on salary and benefits, download our salary guide using the button above.