Find Out the Top Ten Jobs in Malaysia with the Highest Salaries According to Michael Page
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The article on the “Top 10 Highest Paying Jobs in Malaysia 2020 by Michael Page” is to serve as a guide to students in wanting to choose a course that has high job demand and salary. The articles have been carefully collated by EduSpiral Consultant Services are to show facts and evidences for students to make an objective decision in choosing the right course and career that would change your future.
Here at EduSpiral Consultant Services, we do our research on the job demand for the careers in Malaysia, Salary Reports, and universities so that we can advise our students based on facts and evidence. Students need to talk to the right education counsellors so that you get the right information to help you in making this life-changing decision and choose to study a course that has high job demand & salary.
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Michael Page recruitment Report on the Top Highest Paid Jobs in Malaysia 2020
Whether you are negotiating for a promotion at your current job, evaluating a new job opportunity, or looking towards the future and planning out a career path, it’s important to do your research into market and salary trends and what your peers in Malaysia are earning.
Salary is one of the primary factors for any job search, and motivators for any professional. As such, we did some research, and evaluated salaries across a wide range of jobs across different industries and sectors and put it all together in our comprehensive Salary Guide 2020 to find the highest paying jobs in Malaysia in 2020. Here are 10 that earn the most.
1. Roles within the C-suite: CEO, CFO, COO
Unsurprisingly, jobs within the C-suite command the highest salaries, with Chief Executive Officers, Chief Financial Officers, Chief Operations Officers and other c-suite roles commanding the most across industries and functions. As the top stakeholder for their function, with high levels of responsibility, complex teams and in some cases, management across multiple countries, those in the C-suite report salaries of up to RM 600,000.
2. Managing Director
The role of a Managing Director has some variety in terms of responsibilities, depending on the industry and complexity of the organisation, but no matter the variation, it’s a well-paid position. Managing Directors, particularly in the Engineering and Manufacturing industry, can expect to make up to RM 600,000 as they are senior members of the leadership team in any organisation and manage complex decisions about the direction of the company.
3. Head of Shared Services Centre
Malaysia is an attractive country within APAC for many companies to place their Shared Services Centre (SSC), especially if they focus operations within South East Asia. It is a key role that must manage all support services, which usually includes Finance, Admin, Procurement, Legal, HR and Marketing. Professionals that reach this level can expect to make up to RM 720,000.
4. Finance Director/Head of Finance
The finance sector in Malaysia is growing, particularly in the areas of Fintech and Investments, ensuring that the Finance Director or Head of Finance for any organisation is key to moving the organisation forward. Professionals that reach this level can expect to make up to RM 500,000.
5. Director of Sales and Director of Marketing
Sales and marketing are two distinct functions, but they work very closely together. As consumer preferences shift, it’s not enough for companies to keep doing the same thing that they have done for years. As such, it’s important to talented, innovative, forward-thinking professionals into these 2 pivotal roles in order to maintain market share and grow within the industry. As such a Director of Sales or Marketing in Malaysia can command a salary of anywhere from RM 420,000 to RM 500,000.
6. Senior Product Manager
As the technology industry grows globally, the role of product manager becomes essential to getting new products to market in an effective way. Due to the key role that this professional plays in the success of new projects, a Senior Product Manager can make up to RM 300,000 for their work.
7. Head of Operations/Operations Director
Responsible for the overall direction, growth and coordination between key departments within an organisation, the Head of Operations or Operations Director is an important one when it comes to profitability and function within an organisation. Professionals in this job can make a salary of up to RM 360,000.
8. Quality Director
With a robust engineering and manufacturing industry, professionals within quality assurance are in high demand, and an experienced, knowledgeable Quality Director can expect to make up to RM 360,000, depending on industry and the company itself.
9. Head of Corporate Banking
As the professional in charge of corporate banking and investments, the Head of Corporate Banking can command a salary of up to RM 600,000 for the work they do. As a key role for growth, professionals in this role are essential to success.
10. Engineering Director (Healthcare)
The healthcare and pharmaceuticals industries are booming in Malaysia, and professionals of all functions within these industries are in high demand, with high salary offers to go along with that demand. Among the highest we found was for Engineering Directors within Healthcare, who can expect to make up to RM 400,000.
Keep these jobs in mind as you plan out the next step in your career – then have a look at all the open jobs in Malaysia.
About Michael Page
Since our start as a two-man operation in London in 1976, Michael Page has grown and expanded globally. Now, after more than 40 years in the recruitment market, we have secured our position as leaders in international recruitment and hiring. We currently have 140 offices that create a network that spans 36 countries around the world, with strong opportunities for more growth within Asia Pacific.
We opened our first office in Asia in 1994, and have developed our presence into many of the main business hubs in the region since then. Our team in Asia has global connections, regional knowledge and local market experience; ideally positioning us to partner with multinational blue-chip companies and local firms alike, and with today’s global professionals.
Over time, our founding mission has remained unchanged: to bring the world’s best companies and brightest professionals together, helping each side reach their maximum potential and capabilities. We offer a unique, consultative approach to recruitment, tailoring every solution to specific requirements and offering long-term support.
Through experience, growth and consistently high standards, we have become one of the most recognised and respected recruitment brands in the world.
Michael Page provides specialised recruitment services for professionals at middle management to leadership levels, along with highly specialised technical positions.