NEWS
Kelly Malaysia Projects Increased Employment in the Year of the Rabbit
28 Jan 2011

Kuala Lumpur – Kelly Services (Malaysia) Sdn Bhd, a leader in workforce solutions forecasts a promising 2011 for the employment market, with increased job opportunities for skilled talent as selected sectors rebound.

Kelly Malaysia anticipates a positive impact on the hiring market in 2011 comparatively with 2010. With businesses having regained momentum and positions increased significantly, 2011 brings improved prospects for skilled talents and fresh graduates. Organisations will continue to focus on human capital development, talent retention and management.

MELISSA NORMAN

“2010 was a cautious year but we expect 2011 to bring encouraging results. The job market will remain highly competitive as there is still more graduates than available positions and organisations will continue to face recruitment issues due to a mismatch of skills. However, as challenging as it may be, the job market will improve as Malaysia moves towards a high income economy, with a heavy focus on knowledge-intensive sectors. Also, the implementation of government initiatives to attract skilled talent back to Malaysia as well as up-skilling existing talent will assist in alleviating the brain drain” said Ms. Melissa Norman, Managing Director, Kelly Services (Malaysia) Sdn Bhd. Human capital remains the driving force that upholds organisations and Kelly Services Malaysia tells of a 4% to 5% salary increment during the launch of the Salary Guide 2010/11.

Other initiatives such as the Economic Transformation Plan, additional allocations in the 2011 Budget and the beginning of the Talent Corporation are expected to widen the potential of the job market.

With an optimistic outlook for the year ahead Kelly Services Malaysia identifies jobs-in-demand in key sectors. As the ICT industry, Oil and Gas, Hospitality and Travel, Islamic Banking, Web Technologies, Healthcare and Life Sciences, Environmental Management Skills and Electronics and Engineering develops, organisations will find a growing need for middle to highly skilled talent to drive the future advances of these industries.

Ms. Norman also commented, “Moving into a highly computerised and technological driven society, the ICT industry has experienced growth. With this growth comes the demand for human capital covering sectors from network security to the increasingly popular creative multimedia. As an emerging market, we have seen the creation of a niche market demand.”

The recent Kelly Global Workforce Index indicated a raise in employee loyalty post economic recession and as such organisations should remain focused on talent management through training, development, up skilling and redefining employee’s roles. The corporate sector now recognises the importance of performance based reports and offering increments and bonuses to retain its talent. Ms Norman commented, “As most organisations have an inter-generational workforce in place, HR practitioners need to have proper succession planning in place to meet both sides of the funnel on employees who will be retiring and balancing that with the transfer of skills and mentoring of new hires or the Gen Y employees in an organisation. This allows opportunities for both the company and its employees to match training, up-skilling and mentoring programs to suit the growth of the organisation and to create a ready pool of second tier leadership at every level of the organisation.”

Looking at 2011, Kelly Services Malaysia views human capital development and management to be at the forefront of organisational priorities. Employees and employers alike are expected to benefit from the growing economy and progressive industries as we welcome the year of the metal rabbit.

Source : Kelly Services