Navigating the Malaysian Job Market: Practical Strategies for Professional Success in Challenging Economic Times
MALAYSIA’s recruitment market is expected to grow in 2023 despite a potential global recession, Strong economic fundamentals, a successful pandemic response, and China’s economic openness all contribute to this. The Chairman of the Economic Club of Kuala Lumpur, Datuk Seri Mohamed Iqbal Rawther, echoed this view: “In 2023, Malaysia’s job market is expected to benefit […]
Are Workcation the Future of Remote Working?
Remote working is becoming a norm for many organisations all over the world, and one trend propelled by this development that has particularly been gaining traction is workcation – a portmanteau of work and vacation. Simply put, it is when one combines work and leisure, working full-time while staying in a holiday location. One could […]
Invest in talent development to future-proof your workforce
The talent war will only make it harder for HR managers to find the ideal candidate. According to recruitment specialists and head-hunters in Malaysia, hiring through a traditional application and interview process might no longer be adequate, in such a highly competitive market. Digitalisation is transforming jobs faster than ever, so future-proofing the workforce […]
Implementation of Diversity, Equity and Inclusiveness (DEI): The Responsibility of the Whole Organisation
More and more companies in Malaysia are prioritising diversity, equity and inclusiveness (DEI) in their talent recruitment and retention journey. The increasing number of Gen Z entering the workforce and making up a significant segment of today’s employees is also contributing to this change as this generation looks for employers with values that align with […]
Redefining The Role Of HR To Meet The Demands Of A New Workforce And Way Of Work
The past few years have seen HR leaders dealing with various challenges. It could not have been easy, given how rapid the changes could be within organisations, particularly during an unprecedented pandemic. From navigating the multiple Movement Control Order (MCOs); deciding on working arrangements; adapting to digitalisation and new HR management system, and dealing with […]
Taking Action To Address Talent Shortage
In the third quarter of 2022, many companies will have a better understanding of how to refine and fine-tune their business strategies to gain a competitive advantage. Despite this, businesses continue to seek solutions to talent shortage. In an article published in The Edge, Datuk William Ng, Chairman of the Small and Medium Enterprise Association […]
By reforming TVET, employment opportunities can be created
The Small and Medium Enterprises Association of Malaysia (Samenta) recently shared in an article published by The Edge that Malaysian SMEs need between one million and 1.5 million workers. Malaysia is experiencing a shortage of skilled workers, especially since some of the foreign workers trained by the industry have been sent back home. A lot of locals, […]
Future-proofing employment with digital skills
The digital revolution is transforming the workplace, especially with the development of various digital tools that help complete traditional tasks. We will see a very different way of working in a few years. This has also affected the skills people need to work. According to the Department of Statistics Malaysia’s Graduate Statistics 2021, released on […]
Malaysia’s Brain Drain: What is the Cause?
In the year 2000, one out of ten local graduates migrated, indicating that Malaysia has a serious brain drain. According to the Organisation for Economic Co-operation and Development (OECD), this is twice the world average. Despite the numbers being similar to Singapore and Hong Kong, they are incomparable to Malaysia because that is typical for […]
Unemployment Rate: More than Just Statistics
The recent labour force survey released by the Department of Statistics Malaysia revealed that Malaysia’s unemployment rate decreased by 4.1 percent in February 2022 (or 671,800 people), against January’s 680,400. On the other hand, Hong Leong Investment Bank (HLIB) Research said that there are over 1.8 million tertiary educated Malaysians suffering from skill-related underemployment Further, […]