JobStreet.com Job Outlook 2019 for Malaysia
Digital talents are employers’ top priority According to Jobstreet Job Outlook 2019 Survey
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IN the shift towards digital economy, employers are adopting a forward-thinking view with a strong intent to hire employees with digital skills. According to JobStreet.com Job Outlook 2019 survey, the top five digital skills sought by employers are digital marketing, software and application development, e-commerce, big data and analytics, and database.
While there is a high demand for digital skills, there is a limited supply of talent with these skills in the market. The survey was based on 20,343 employees aged 18 to 60 and 365 employers from various levels and industries.
The aim of education is to secure a job in the future that has demand and a high salary. This will ensure that you will have job security and stable income to be able to sustain your lifestyle and more importantly to take care of your family.
When choosing the right course to study in Malaysia, one important criteria that students should look at is the job demand. Choosing to study a course that has future potential high job demand and salary would ensure that you have a higher chance of a successful career that would support your lifestyle goals. If you don’t plan carefully, you may end up studying a course that has no job demand after you graduate. This would be an incredible waste of your time and money.
Therefore, at EduSpiral Consultant Services, we do our research on the job demand for the careers in Malaysia and Salary Reports in order to best advise our students on what to study based on facts and evidence. I have researched articles such as the one below so that I can advise students properly and they can have a higher chance of getting a job that’s in demand with high salary in Malaysia and globally.
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- Top 10 Best Courses to Study in Malaysia
- Top 10 Jobs in Malaysia
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- Top 10 Degree Courses in Malaysia with Highest Starting Salaries
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Digital talents are employers’ top priority According to Jobstreet Job Outlook 2019 Survey
Digital skills are highly sought-after today, in tandem with the national shift to a digital economy and Industry Revolution 4.0, said JobStreet.com.
According to its Job Outlook 2019 Survey, 43% of the employers surveyed, who are embarking on a digital transformation journey, are looking to grow their talent pool with skilled talent to drive business growth, specifically in areas such as information and technology (IT), computing, digital marketing, and research and development.
JobStreet.com, Asia’s leading talent sourcing partner revealed its Job Outlook 2019, indicating that in the shift towards a digital economy, employers are adopting a forward-thinking view with a strong intent to hire talent with digital skills.
According to JobStreet.com Job Outlook 2019, 96% of employers surveyed perceived that the talent landscape will change with the shift to a digital economy. This is mainly due to a rising demand for talent with digital skills but limited supply in the market as more and more organisations embark on their digital transformation journeys.
Based on the survey, about 60% of employers reported that they have implemented some form of digital transformation initiatives or projects, with the remaining of employers surveyed are in various stages of planning and starting their projects.
With the wave of organisations adopting technologies to be ahead, 43% of the employers surveyed who are embarking on a digital transformation journey are looking to grow their talent pool with skilled talent to drive business growth specifically in areas such as IT/Computing, Digital Marketing and Research & Development. The search for these talent will only get more challenging so employers need to be more proactive and adopt innovative practices to ensure they do not get left behind.
In addition, the Job Outlook 2019 survey shows that 29 per cent of employers surveyed are looking to hire new talent externally for the skills the business needs.”
Another highlight of the survey is that employers are looking to hire talent with soft skills in addition to hard skills. The top five traits valued by employers that increase employability include problem-solving skills, communication skills, the ability to work independently, teachability/willingness to learn and the ability to work under pressure.
Top 3 initiatives that employers are putting in place to retain their employees
Organisational transformation in the digital economy is more than simply automating processes in an organisation. It is about synergising technology advancements with talent to drive business growth. This calls for the need for HR professionals to have an in-depth understanding of technology and its possibilities to reinvent talent acquisition and retention strategies to transform the workforce.
- Increase on the job training opportunities for new skill sets
- Provide formal training & development programs to retrain and up-skill
- Investing in digital technology & processes
Top five core work-related digital skills sought after by employers
- Digital marketing
- Software and application development
- E-commerce
- Big data and analytics
- Database
Top 5 traits valued by employers that increases a talent employability
A highlight of the job survey is that employers are also looking to hire talent with soft skills in addition to hard skills.
- Problem solving skills
- Communication skills
- The ability to work independently
- Teachability/ willingness to learn and
- The ability to work under pressure
About JobStreet.com
JobStreet.com and jobsDB are part of SEEK Asia, which is the leading online employment market place in Asia. SEEK Asia covers 7 countries namely Hong Kong, Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam.
SEEK Asia is the extension of the Australian Securities Exchange listed company called SEEK. The company’s purpose is to help improve people’s lives through a better career. SEEK Asia’s database consist of over 500,000 corporate hirers and over 24 million candidates.
