KUALA LUMPUR, Nov 18 — Technology and transformation roles remain in high demand in Malaysia as the pace of digitalisation picks up and more companies are working at improving their business processes and delivery, said specialist professional recruitment consultancy Robert Walters today.
Its country manager for Malaysia, Kimberlyn Lu, said talents with niche skills who are changing jobs are looking at an increment of up to 30 per cent due to demand outstripping supply.
“On the whole we can expect a three to eight per cent increment for those staying in their jobs while those who are moving jobs or are promoted can expect a 15 to 20 per cent increment,” she said in a statement today.
Robert Walters today released its Salary Survey for 2020 with key trends and outlook that primarily identify key mid- and high-level roles in demand across industries in Malaysia and salary increment expectations for talents who are changing jobs.
It said the prominence of technology is clear across major industries like finance, banking, engineering, human resource (HR) and legal, adding the survey looked at key roles for each of these industries and tech-driven roles make it to the top of the list in demand.
Traditional roles such as governance and operations management together with roles relating to the adoption of recent technological advancements such as analytics, digitalisation, transformation, automation, big data, artificial intelligence and cyber security continue to gain more attention as they will be highly sought after in the coming year.
“Professionals in procurement and logistics (89 per cent), accounting and finance (75 per cent) and engineering (75 per cent) are optimistic about opportunities in their industry as they have been early adopters of technology and are experiencing the middle wave where digitalisation has already begun to impact the way they do their job,” said Lu.
Engineering roles continue to be in high demand in the northern region.
Other roles that will be in demand for the region will be niche information technology positions such as data scientist, while with new manufacturing companies setting up their plants in the coming year, there will be a need to hire senior management positions in finance and operations.
In the HR sector, the onslaught of digitalisation is opening up opportunities for talents with hybrid skill sets.
Companies are expected to seek digitally-savvy talent with a progressive mindset across all functions to accelerate digitalisation efforts.
The study also delved into drivers of job satisfaction among talent to give employers a good idea of what the talent market expects when they accept a job.
It found that work-life balance, good working environment, learning opportunities and competitive remuneration are among the key reasons that influence people to stay and thrive in the working environment.