「"About the Human Resources Market in Malaysia ～From the Issues of wage increase～"」
2018/01/25When a Japanese companies operate a company in overseas, they are always facing issues of human resources. Although the challenges that each country faces are vary, but I think that it is not too much to say that there is no business development without solving human resources issues. In managing the company, you have to understanding the characteristics of the human resources market in the country and region, and also ①Appropriate recruitment ② Designing a Fair, defined the human resources system (evaluation, career plan etc) ③ Attractive education for employees is necessary. In this article, we will focus on "Hiring" which is a particular issue. In total all 6 parts, I will explain about Malaysia’s human resource market from various angles.
In the questionnaire (2017) conducted by The Japanese Chamber of Trade and Industry, Malaysia (JACTIM) / JETRO for Japanese companies in Malaysia, approximately 70% of companies answered that “Increasing wages is an issue” in the question of "Labor Policy / Employment Environment issues”. Even if it goes back to the past 2014, it is the most serious issue in the past four consecutive years. Malaysia has been maintaining a salary increase rate of around 5 to 6% over the past several years. Furthermore, as the salary increase rate forecast for 2018 is also 4.8% in the JACTIM survey, 5.53% in managerial positions and 5.42% in non-managerial positions in the Malaysian Management Federation, therefore a salary increase rate of around 5% is expected.
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