Information
Technology
Malaysian employers in the IT sector are also continuing to recruit
high calibre professionals to fill growing and critical voids in
the technology profession, particularly in the areas of shared services
and outsourced operations. This sustained demand is in part due
to the acute supply shortage of talented candidates in Malaysia,
a challenge employers have faced for a long time. Prior to the economic
downturn, Malaysia was already experiencing a 'brain drain', with
many local professionals historically seeking more lucrative opportunities
in overseas markets such as Singapore, the Middle East and China.
However, the onset of the financial crisis has diminished overseas
opportunities, resulting in more Malaysian professionals actively
seeking or expressing an interest in returning to local roles. This
inflow of returning candidates resulted in increased competition,
which in part contributed to the static salary levels in Malaysia.
A notable trend from the economic downturn is the increased demand
for contractors particularly within the banking and IT sectors where
many permanent roles are now offered on a contract basis as employers
look to flexible solutions.
Mark Ellwood,
Managing Director of Robert Walters South East Asia comments :
"…..The current market conditions mean that the focus
has switched from the large incentives that were being offered to
encourage people to move jobs and organisations re-assessing their
internal equity to keep pace with salary inflation, to a cost conscious
environment where compensation is kept in check to realise cost
containment goals."
Sales
and Marketing
Recruitment here is expected to continue across most sectors, primarily
in the FMCG, pharmaceuticals and healthcare and telecommunications
industries, albeit at a slower pace than 2008. Organisations are
likely to recruit only for critical roles or be focused on revenue
generation positions. Salaries are expected to remain at similar
levels to 2008. The government is expected to review regulations
governing the granting of work permits to foreign professionals
which would potentially allow employers to hire in a more timely
and cost efficient manner.
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Source : Robert Walters Global Salary Survey 2009
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