The latest news from PERSOLKELLY Malaysia sheds new light on the work market in Malaysia with their 2023/2024 Malaysia Salary & Employment Outlook. The survey projects that, even if the unemployment rate is low, there will be a continued demand for skill as the country prepares for an economic recovery. Socioeconomic and technical changes are interacting to create a period of profound change.
Human Resources and Administrative: A New Chapter Unfolds
The report brings into focus a pivotal transformation in the Human Resources (HR) sector. In the post-COVID era, HR emerges as a linchpin in driving employee engagement and productivity. The challenge now pivots to aligning the values of a new workforce generation with those of their employers. HR professionals are at the forefront, not just in talent attraction and retention, but also in nurturing a positive workplace culture.
A notable shift is seen in the emphasis on training and development. Today’s workforce, especially the Gen Z demographic, is looking beyond monetary gains. They value flexibility, career progression, and a comprehensive work experience. HR’s evolving role is central to fostering an environment that not only attracts but retains top talent, thereby enhancing the overall employee experience.
Legal and Risk Management: A Landscape of Emerging Opportunities
In an era marked by global uncertainties, the demand for expertise in legal and risk management has seen a significant rise. Companies are increasingly aware of the need to manage risks in their day-to-day operations. The report highlights a plethora of opportunities for both newcomers and experienced professionals in this field. With the swift pace of digitalization in organizations, there’s a growing need for adherence to data regulations, paving the way for diverse career paths in this sector.
Sales and Marketing: The Digital Age Beckons
In today’s highly competitive digital marketplace, sales and marketing roles are undergoing a recalibration. As digital savviness becomes the norm among consumers, their expectations now span beyond the product to the entire brand experience. Sales and marketing professionals are thus compelled to develop strong content strategies and data analytics skills. The report underscores the importance of personalizing communication through technological means to meet these evolving consumer demands.
A Proactive Approach for Future Success
Reflecting on the future of work, Brian Sim, Country Head and Managing Director of PERSOLKELLY Malaysia, shares his perspective. “For businesses to continue thriving, ensuring the resilience and agility of the workforce is a must amidst continuing and emerging global challenges and changes. With recent advancements in tech, the impact that it brings is undeniable and employers will be looking at ways to innovate and upscale their businesses leveraging these advancements. Therefore, it is crucial for their workforce to be aligned in bringing to life this transformation.”
He emphasizes the need for a proactive stance from both employers and employees. Employers are tasked with creating environments that foster effective work, while employees are urged to continually enhance their skills, staying ahead of the ever-changing job requirements in today’s competitive market.
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For a detailed exploration of Malaysia’s evolving job market and insights across key sectors, the complete 2023/24 Malaysia Salary & Employment Outlook is available here.
PERSOLKELLY’s latest report not only illuminates the current state of Malaysia’s job market but also serves as a navigational tool for understanding the complexities of an evolving workforce landscape. As industries adapt to technological advancements and shifting socioeconomic conditions, the insights provided by this report are invaluable for both employers and employees aiming to stay ahead in a dynamic market.
