The Robert Walters Salary Survey has found that market growth and a stable economic environment in Malaysia is set to lead to active job market this year. The business environment is set to thrive in 2018 as companies that established operations in Malaysia in 2017 continue to grow. Shared services are expected to expand further, producing higher demand for talent in finance and accounting, IT, and supply chain and procurement.
Tighter regulations from the Central Bank of Malaysia will continue to increase demand for credit risk and regulatory reporting talent. More companies will be seeking in-house legal counsels; mid-level legal practitioners and licensed company secretaries will also be needed.
Businesses may struggle to hire top IT talent and there continues to be a high demand for software developers. As a result, quality candidates with niche tech skills are likely to receive multiple offers, in some cases, even after the first interview. Organisations will also continue to attract overseas Malaysian talent (returning Malaysians) as their international experience is highly valued.
The Robert Walters annual Salary Survey now in its nineteenth edition and offers a comprehensive review of professional salaries and recruitment trends around the world. The Greater China & South East Asia book consists of nine countries, is free, and covers China, Hong Kong, Indonesia, Malaysia, Philippines, Singapore, Taiwan, Thailand and Vietnam.
For a more in-depth look at expectations for the recruitment market in Malaysia, you can request a free copy of the survey here: 2018 Salary Survey.