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Discover your next opportunity @ link-gaming.com 2017 Salary Survey Malta iGaming Industry
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2017 Salary Survey - boston-link.com · Page 1 link-gaming.com Managing Director’s Introduction Welcome to the 2017 Edition of the Boston Link iGaming Salary Survey, Malta. I am

Jun 05, 2018

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Page 1: 2017 Salary Survey - boston-link.com · Page 1 link-gaming.com Managing Director’s Introduction Welcome to the 2017 Edition of the Boston Link iGaming Salary Survey, Malta. I am

Discover your next opportunity

@ link-gaming.com

2017 Salary Survey Malta iGaming Industry

Page 2: 2017 Salary Survey - boston-link.com · Page 1 link-gaming.com Managing Director’s Introduction Welcome to the 2017 Edition of the Boston Link iGaming Salary Survey, Malta. I am

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Managing Director’s Introduction

Welcome to the 2017 Edition of the Boston Link

iGaming Salary Survey, Malta. I am delighted to

present to you our research on market salaries within

the local sector.

This year is going to be a fantastic one for the iGaming

community in Malta. Companies are full of optimism about

their growth potential, and Malta is now firmly established as

the best jurisdiction for the sector in Europe, and possibly the

world.

This salary survey is important because of the critical need for

companies to reward their employees correctly. Attracting

and retaining talent is central to the growth strategy of every

player in the market, and there is fierce competition for a

wide range of skill-sets. Encouragingly, the island’s talent

pool is improving all the time; from local talent with specialist

skills in areas such as finance and tech to international

recruits relocating to Malta from the UK, Isle of Man,

mainland Europe, and particularly Gibraltar. As such, we have

built several of our findings on relocations and benefits into

the survey results as a guide to these difficult areas.

Note that each position has a salary range, representing

upper and lower limits. The blue diamond marks the average

salary. This is salary only, and excludes benefits.

We hope you find real value in the insights from our survey. If

there is anything else that you would like to know, just ask; as

always, we will do our best to help!

Julian Perigo

Managing Director

+356 2704 1692

[email protected]

Connect on LinkedIn

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Executive Level

Executive pay in Malta continues to be competitive and high performers can be demand impressive pay-

outs. However, average base salaries are not yet as high as some other centres, like London or Gibraltar.

For these positions, the upper limit of the salary range shown is less absolute than for the other salaries in this report.

There are a lot of high outliers that we have eliminated to give a better idea of the normal range, so the most well

remunerated executives are earning significantly more than the ranges shown here.

It's also worth noting that the CEO, CFO, COO, and CMO positions tends to be subject to performance related bonuses

in addition to base salary and benefits. This practice is less common amongst the other executive positions shown.

Key to Graphs: Additional Indicators

In addition to the simple salary ranges, we have also tried to indicate where a job’s remuneration is being particularly

influenced by one factor. The coloured dots by the job title indicate a job is subject to one or more of the following:

Commission or bonuses commonly payable on top of base salary shown.

Shift patterns substantially affect base salary.

Language skills (especially native language skills) can command higher salaries or drive demand.

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Core Staff for Operators

For operator staff, language skills are becoming an increasingly important aspect of salary determination,

particularly for VIP, marketing, and customer support departments. Shift work also commonly commands

higher remuneration in these areas.

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Core Staff for Suppliers

These figures for TSPs (e.g. game developers and payments providers) are base salary only, but bonuses

and commissions are common. Salaries grew quickly with demand in 2016 and this will continue in 2017.

How are firms making relocations work?

Relocations can be complicated, expensive, and time-consuming. Our experience has shown that firms with a well-

structured relocation programme will have a more settled, productive employee who is more likely to stay past the

(often challenging) first weeks and months. This is how companies are making relocations work well:

Correct advice and assistance on personal administration such as bank accounts, social security and ID cards.

Using the right real estate agents who know the best properties.

Knowledge of the schooling system.

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Technology Driven Roles

Tech hiring is a major headache for the sector. A huge imbalance between supply and demand is leading to

multiple offer scenarios and buy-backs. Companies that are winning in this space are offering the best

technologies, the best pay, and relocating talent from overseas.

Average Relocation Packages

Relocating talent to the island must be part of a company’s

recruitment strategy. While the relocation package is unlikely

to be the key driver of an individual's decision to accept a role

(or indeed which role to accept) it will undoubtedly influence

their decision and is therefore an important part of an offer.

The average relocation package within the industry in Malta is:

One-way flight

3 weeks in company accommodation / hotel

€1000 - €1500 in relocation expenses

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General Support Staff

The sector is well-staffed in areas such as Finance and HR, and as a result we haven’t seen salaries increase

as much as other areas of the market. The exception is lawyers who, despite big pay rises on offer, are

reluctant to go in-house – seemingly for fear the sector won’t last.

How Benefits are Changing

The iGaming industry in Malta is one of the most progressive in Europe, if not globally

for the wellbeing of their staff. Creative office spaces, free meals, sophisticated

company events, and generous welcome packs have all become the norm. Other

standard rewards include health insurance (some include dental and family cover) and

gym membership subsidies. It is becoming increasingly hard for employers to

differentiate, but here are some trends which we see coming into play in 2017:

Pension schemes.

Flexible / remote working.

More personalised benefits and incentives such as personalised health / nutrition

programmes or individual (not team /company) events and prizes.

Points-based benefits structures.

Clearer and better supported career development plans.