PIKOM 2013 ICT Job Market Outlook Gives Good News for Computing Degree Graduates
PIKOM 2013 ICT Job Market Outlook for Malaysia
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PIKOM, the National ICT Association of Malaysia launches its 2013 ICT Job Market Outlook last week.
Following the earlier Job Market study series, PIKOM again collaborated with KPMG and Jobstreet.com on the 2012 job market analysis.
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The report gives an overall study on the job market in Malaysia comparing to the region by focusing on the state of ICT Jobs, in particular the salary component. The National ICT Association of Malaysia (PIKOM) expects the average salary of information and communications technology (ICT) professionals in the country to increase by 8.9 per cent to RM7,387 this year from RM6,782 in 2012.
Key highlights in this report include an increase of 8.7% in average salary over 2011, the top paying jobs and industries and three featured articles.
The report again confirms that ICT industry remains in the top five paying industries in Malaysia.
“Despite the challenging economic state and uncertainty in the political scene last year, there is still an upward growth in the average salary for ICT professionals, be it junior or senior level. We expect this positive growth to continue for the remainder of 2013 with a projected increase of 8.9%,” said Woon Tai Hai, PIKOM Chairman.
The overall average salary of ICT professional increased from RM 6,240 in 2011 to
RM 6,782 in 2012, a rise of 8.7%. Average entry-level salary for fresh graduates continues to grow from RM 2,238 to RM2, 343, an increase of 4.7%.
“Although there has been improvement on the average salary, the supply of ICT fresh graduates continues to decline. At the same time, enabling the employability of our fresh graduates is still an ongoing discussion and debate,” added Woon.
“When opportunities and more projects are dished out by the government, this will bring more opportunities for ICT graduates,” he said, adding sales, marketing and business development have remained in the list of the five most sought-after job specialisations by employers.
Woon said PIKOM expects the initial salary for ICT graduates to grow in tandem
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The report also shows that companies in the Klang Valley offer 1.75 times higher salaries than those in the lowest paid location.
“The Economic Transformation Programme, Digital Transformation Programme and Entry Point Projects will be the main drivers of salary growth and the ICT industry,” PIKOM chairman Woon Tai Hai said.
By 2018, Woon said, the salary gap is likely to level among booming Asian economies such as Singapore, Hong Kong, China and Vietnam, adding: “Malaysia will have to stay ahead of this salary curve to prevent further exodus and erosion of our talents to these countries.”
Looking at a 5-year trend, it appears that sales, marketing and business development
continue to be highly sought after jobs. Meanwhile, jobs for Customer Service seem to be losing their shines as the hottest job in the country.
The survey results also indicate that ICT professionals in technical domain whom equipped with Java, C#, C++, dotNet, SharePoint and Web Application Development are highly in demand. While under the business applications, there is a fast-growing demand for ‘Big Data’ analytics; and Quality and Process Improvement skill sets.
Woon opined and suggested that this may be due to the rapid technological
advancements especially in the areas of analytics and business intelligent. Structural changes in the employment and business environments are one of the key reasons as well.
In terms of jobs by level and years in experience, IT Engineers in senior level earn about 46% higher than the junior level. Also, typically ICT professionals with more than 20 years of experience will earn 5.22 times more than those with less than a year experience; and by 3.39 times for those who have 10 to 19 years of experience respectively.
Similar to the previous years, the data again shows that big companies in Malaysia continue to pay more as compared to smaller organisations – to an extent of 1.88 times more.
As indicated in the report, ICT professionals must possess the necessary skills and knowledge in order to compete. Obtaining a degree that may be cheaper in tuition fees doesn’t guarantee a student success in the future as he may not get the much needed training, as well as soft skills like communication, leadership, innovation and a good command of the English language.
Asia Pacific University is one of the top universities in Malaysia for ICT or computing programs. Their students have won the Microsoft Imagine Cup for the past 3 years amongst hundreds of other awards.
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