by Prem Kumar Panjamorthy
PETALING JAYA: Malaysian employers are keenly looking out for skilled talents in the local employment pool, mainly in information technology (IT), engineering and banking and finance.
High-talent employees in these industries are also among the most sought after by employers, according to employment agency Kelly Services Sdn Bhd.
Kelly Services managing director Melissa Norman said the current sluggish market conditions and global uncertainties is anticipated to continuously push the job market towards hiring skilled talent.
“This is as Malaysian companies are emphasising on human capital development and talent retention,” she told a media briefing
yesterday.
yesterday.
According to Kelly Services’ annual Employment Outlook and Salary Guide 2013/14, the employment agency expects an increase in the number of “hot jobs” for professional and technical skills within these sectors with the highest jump in IT with 37 such jobs in 2013/14 compared to six in 2012/13.
Engineering was 18 in 2013/14 versus four previously and banking and finance with 19 against 13.
“These were the top areas which employers are most likely to pay to relocate talent,” she said.
Norman also stressed that Malaysia has a serious shortage of relevant talents in these sectors, and a targeted approach like transitional tax incentives for five years to bring back skilled Malaysians to these industries will not be sufficient if not followed by the government putting into place policies that will help productivity and wages.
The salary guide also pointed out that those with at least four to six years and more of relevant experience in these sectors will see an approximate 3%-5% increase in their base income while an estimated 10% increase in basic salary could be expected by those with more than eight years.
The general employment situation in Malaysia continues to be positive as the government’s economic transformation programme is expected to create 3.3 million jobs by 2020 with the largest share in electronics and electrical (157,000 jobs), healthcare (89,000 jobs) and oil and gas (52,300 jobs).
“As in 2012, Malaysia continues to be a key Islamic and financial hub of Asia, hence positively resulting in the need for specialised talent in this sector, with a projected 274,000 jobs in the financial services sector by 2020.
“And due to more companies focusing on hiring the right talents to compete within their industry and markets, there is an undeniable demand for human resources professionals to aggressively focus on areas such as compensation and benefits, learning and development and talent acquisition and retention,” she added.(sumber: tempo)
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