Find Out Malaysia’s Information Technology (IT) Professionals Salary from the 2022 Hays Asia Salary Guide
Find Out What is the 2022 Salary for Information Technology (IT), Computer Science & Software Engineering Professionals in Malaysia
From looking at the latest Salary Reports, choosing to study a course in computer science, software engineering or information technology in Malaysia is an excellent choice as the future job demand and salary is promising. In order to have a successful future, a student must plan. Planning ensures a higher chance of success. To make a good plan, you must gather information that is based on facts and evidence so that you can make good choices. Salary Guides from reputable recruitment firms like Hays Malaysia provide students with an insight into how much you can earn after you graduate from a computing degree programme in Malaysia.
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The 2022 Hays Asia Salary Guide – Technology
Government-backed digitalisation to boost talent demand
Despite prolonged lockdowns in 2021, demand for talent in the Technology sector remained steady and resistant to disruption. The main driver of this was the recognition of the digital risks that surfaced because of our new way of working during the pandemic, pushing up the demand for cybersecurity and
In 2022, the continued acceleration of digitalisation and virtualisation across all sectors will see businesses adjusting to sustainability needs, ever-increasing data volumes, and faster computing and network speeds.
Additionally, under the MyDigital initiative, the Malaysian government is openly committed to advance the country digitally, aiming to attract and drive investments in the digital economy to create at least half a million jobs by 2025.
Accordingly, the demand for roles within software and programming, data analytics, and RPA (Robotic Processing Automation) will strengthen rapidly in the coming year. At the same time, the acceleration of the Fintech sector will lead to stronger demand for Product Developer, Product Management Lifecycle, and UI/UX Specialist roles as digital payments and digital banks expand.
Furthermore, the digitalisation of industries such as Retail and Healthcare as well as advancements in Greentech are giving rise to new ways to explore and interpret data. Employers are thus seeking out Data Analysts or Data Scientists who demonstrate creativity and has the business acumen to produce useful
insight for their stakeholders.
The 2022 Hays Asia Salary Guide – Technology – Software Development
The 2022 Hays Asia Salary Guide – Technology – Data Science & artificial Intelligence (Ai)
The 2022 Hays Asia Salary Guide – Technology – Cybersecurity
The 2022 Hays Asia Salary Guide – Technology – infrastructure & cloud
The Inside Story of Information Technology (IT) in Malaysia
As noted by The Malaysia Digital Economy Corporation (MDEC), there has been for too long a mindset that IT is merely “an add-on component that introduces enhancements meant for improving processes” rather than innovation that can develop Malaysia as a digital powerhouse. It is a mindset that, according to MDEC, must be revised. Fortunately, it seems that this change is at hand.
Observers have said that “an important component of a disruptive technology is that it must first be widely adopted before society adapts to it”, and there are encouraging signs in this respect, with the Malaysian government expanding the regulatory sandbox to allow companies to test innovative ideas and business models. In addition, Malaysians are showing a strong aptitude for the digital world, with Facebook users having 60 per cent more friends than the global average, and Uber has registered 160,000 drivers.
Perhaps the greatest barometer of Malaysia’s comfort with technology is the rise of the e-commerce sector, which grew to represent 6.1 per cent of GDP in 2016, up from 5.9 per cent the previous year. This rise is expected to continue, as the ‘National E-Commerce Strategic Plan 2016-2020’ initiative aims to almost double the industry’s growth rate to 20.8 per cent by 2020. As a result of this, Malaysia is witnessing an upsurge in both mobile commerce and e-commerce and is adopting an increasing number of cashless forms of payment including blockchain technology, e-wallets and even mobile payment applications, leading to some 17 per cent of Malaysia’s fintech companies being e-wallets and social network giant WeChat entering the already crowded market.
Although Malaysia has traditionally been a slow adopter of new technology, thanks to these recent developments there has been a growth in complexity of coding courses at the nation’s universities and independent institutions that are updated to the latest technologies and versions of the software. In addition, newer businesses are integrating machine learning practices in their business processes for purposes such as fraud detection and marketing automation in order to compete with larger businesses. These advancements are increasing expectations of an exciting boom in technology adoption once these businesses mature over the next five years.
A further result of this keen adoption is that companies with a welcoming approach towards technology are creating a demand for newer technologies such as blockchain, big data and cloud. This is perhaps best illustrated by the ecommerce giant Alibaba’s continued interest in Malaysia, rolling out AI powered products for end customers, creating a number of job opportunities for candidates with a hardcore programming background (R, Python, C++) and an understanding of complex data structures and algorithms. This year has also seen the creation of a new country office – a “one-stop solution centre” for local businesses designed to support Malaysia’s technology innovation through cloud computing services – following soon after the launch of its first electronic world trade platform hub outside of Mainland China, creating the infrastructure to support global trade with services encompassing ecommerce, logistics, cloud computing, mobile payment and talent training.
While there is an obvious desire from companies to implement these new technologies, the key stakeholders of many organisations demonstrate a lack of understanding of the technology. This is leading to companies seeking out talent who can come in and hit the ground running without requiring training and upskilling, especially in the area of UX/UI professionals and front-end developers with a strong instinct for design, as attractive interfaces remain a differentiating factor in user acquisition. Not only that, but candidates are expected to leverage their experience and fresh outlook to shake up IT departments and instruct department heads on how the technologies can be implemented to improve processes and save costs.
As a result, candidates who are savvy enough to understand the opportunities inherent in their unique talents are augmenting their skillsets by way of online courses, conferences and networking groups to make themselves even more attractive.
Unfortunately, with Malaysia being behind other countries/regions in the IT pipeline development course, these candidates are relatively scarce, meaning that organisations are turning to alternative sources of talent acquisition. Large MNCs, particularly in the media and telco industries, continue to hire on mass from overseas markets, primarily India, for their shared service hubs.
Alternatively, when it comes to new technologies, some MNCs are using companies to incubate new projects, bringing in individuals from other global departments to manage these projects until they are ready to let them go. Companies are also showing a desire to recruit experienced individuals from Hong Kong or India as department heads before hiring local candidates that have talent though lack experience. This can be especially fruitful as there has been a growth in universities and other independent institutions offering courses in complex coding and the latest technologies and versions of software. However, due to stringent restrictions on overseas recruitment, this continues to prove difficult.
Another factor causing companies difficulties in the acquisition of the required talent –particularly in senior level roles – is that candidates are required to both monitor and lead teams. There is a tendency in Malaysia for candidates to either focus on the technical side of the industry or the people management aspect, and role diversification is rare.
But with key stakeholders desiring the latest technology yet being unaware of how and why it should be implemented, it is imperative that candidates possess the business acumen to communicate the advantages from a commercial viewpoint. At the same time, they must be able to communicate with their technical teams the business requirements and what can be done to achieve them, meaning that candidates who are skilled in ‘business to technology’ translation are very much in demand.
Although the candidate pool continues to be shallow, these are the individuals who will lead Malaysia into the technological future. Right now, there are now encouraging signs that for many businesses IT is no longer simply for the enhancement of processes, but rather recognised as an integral tool for revolutionising the way they do business. As such they should no longer shy away from the gale of creative destruction, and instead step into it, be carried along with it and, with the right candidates, profit from it.
An overview of what other trends have been observed in Malaysia’s IT sector can be viewed below:
- Malaysia remains an attractive proposition for companies looking to establish local hubs.
- The traditional programming languages and ERP systems such as .NET, PHP and SAP remain very much in the market and will continue to do so for as long as the rest of the industry resists the adoption of new technology.
- Data science candidates need not only have research-level experience but also familiarisation with production-level ML. Solid understanding of programming languages such as R, Python and MALLET is a must.
- They also need to have hands-on experience with tools such as Tensorflow, Dialogflow and have worked on projects with large data sets. Having a profile showcasing technical skills on Kaggle and Github has become mandatory.
- Increased usage of cloud technology especially private cloud within the industry allows reliance on open source technologies within larger organizations as well.
About Hays Malaysia
Agensi Pekerjaan Hays (Malaysia) Sdn Bhd (“Hays Malaysia”) is one of the leading specialist recruitment companies in Malaysia in recruiting qualified, professional and skilled people across a wide range of industries and professions. Hays has been in Malaysia since 2012 and boasts a track record of success and growth.
At Hays in Malaysia, we operate across the private and public sector, dealing in permanent positions in the following specialisms: Accountancy & Finance, Banking & Financial Services, Construction, Engineering, Human Resources, Insurance, Legal, Life Sciences, Manufacturing & Operations, Marketing & Digital, Office Professionals, Property, Supply Chain, Sales and Technology.
We also provide Hays Talent Solutions services to clients. We deliver intelligent resourcing through a combination of market insight, technical excellence and unrivalled methodology, providing talent solutions that will transform your business.
We have been accredited with the International Quality Standard ISO 9001:2015 across the operational markets in Asia. ISO (International Organization for Standardization) is the world’s largest developer of voluntary International Standards, helping to make industry more efficient and effective.
Education Pathway to a Top Computing Course in Malaysia
Choosing the right course to study in Malaysia after secondary school is one of the most important decisions you can make in your life. There are many types of information technology (IT) or computing programmes that students can choose from. Find out about the different information technology (IT) or computing courses available at top private universities in Malaysia, how your choice relates to your future career and what the best bets are if you want to keep your career options open.
Most top private universities in Malaysia offer a selection of Foundation, Diploma & Degree courses in information technology (IT) or computing. Students after SPM or IGCSE/O-Levels may go for the Foundation in Computing or Information Technology at top private universities in Malaysia for 1 year before continuing on to the 3-year Software Engineering or Information Technology (IT) degree.
With 3 credits in SPM or IGCSE/O-Levels including Maths, students may go for the 2-year Diploma in Information Technology, Diploma in Computer Studies or Diploma in Software Engineering and then enter into Year 2 of the Information Technology (IT) degree. Pre-University students with the relevant results in STPM, A-Levels, SAM, CPU, AUSMAT, etc. can enter directly into Year 1 of the Information Technology (IT) degree at the best university in Malaysia.
Established since 2009, EduSpiral Consultant Services is a top recruitment agent for top private universities in Malaysia and private colleges in Singapore providing information and counselling on courses and helping students to choose the right university. EduSpiral Consultant Services sets ourselves apart from other agents by providing counseling based on facts and evidence so that our students are able to make the right choices after SPM, O-Levels, UEC, STPM, A-Levels or Pre-University. We research on articles and information to help them make the right choices about choosing their career and course in Information Technology (IT).
If you are still not sure what to study, please contact us and we will send you a free EduSpiral Career Assessment Form.