Top Job Talent Trends in Malaysia According to Hays Report
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When choosing the right course to study in Malaysia, one of the criteria that students should look at is the job demand. 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.
EduSpiral Consultant Services is a professional university placement centre in Malaysia advising students on how to choose the right course and private university to study. We do our research and try our best to help students to choose the best course to study in Malaysia that fits them and that has a good job demand in Malaysia with a high salary.
We have found the report by Hays to be useful for students to read through to give them an insight into the job market in Malaysia. Hays is the world’s leading recruiting experts in qualified, professional and skilled people.
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Hays Report on Job Talent Trends in Malaysia for 2017
As a result of increasing regulations in Malaysia, 2017 will see risk professionals in high demand. This is
just one of the top 10 talent trends for 2017, according to recruiting experts Hays in Malaysia.
Candidates who are able to reduce financial institutions’ exposure to risk will stand out as employers step up their efforts to ensure they adhere to regulatory requirements.
“Risk and compliance will be two hot areas where fierce competition will take place for the right candidates,” says Tom Osborne, Regional Director of Hays in Malaysia.
According to Hays, the increasing threat of cyber security has created huge demand for security experts who can safeguard the IT systems of organisations against malicious cyber-attacks.
“Experienced candidates will become the top beneficiaries of strengthened cyber security efforts. We have found that both foreign companies and domestic small businesses have set aside budget to increase headcount to combat the threat of attacks to their IT infrastructure,” says Tom.
Hays also finds that employers will be taking into consideration the soft skills and personality of potential new recruits in the recruitment process. “Employers are keen to find out how a candidate will potentially relate to and interact with other people in the business,” says Tom.
Hays’ top 10 talent trends for 2017 in Malaysia are:
- Social media expertise: 2017 will see many businesses look to solidify their social media platforms to become more sales-driven. This will create demand for multi-faceted social media professionals who can not only curate, edit and write content to drive engagement and awareness on a daily basis, but also manage paid advertising designed to create leads and drive sales.
- Rise in treasury roles: A number of new treasury roles will be created in 2017. As we move into an era of data-centricity, companies are becoming more regimental in analysing their cash flow for budgeting purposes and forecasting in preparation for future project roll outs. They believe effective cash flow forecasting will allow potential financial risks to be identified and mitigated at an early stage.
- Soft skills essential: Candidates looking for their dream job in 2017 might be surprised to learn the importance some employers will place on their soft skills. Depending on which industry they apply to work in, many employers will value soft skills over work experience as cultural fit rises up the list of criteria in 2017. A candidate may have extensive experience and stellar qualifications but they will offer little value if their soft skills are lacking. Employers will specifically look at what motivates the candidate and how they could potentially communicate with their team effectively and efficiently if they were to be successful in the recruitment process.
- Shortage of candidates in supply chain: Demand for planning candidates in the supply chain sector
will remain strong in 2017. It’s a niche area in which companies will need to offer generous packages to attract qualified candidates. Large MNCs will continue to drive demand for supply chain professionals as they streamline business processes within their local operations.
- New manufacturing hubs: The development of new manufacturing hubs in Negeri Sembilan, Johor and Penang will continue to fuel demand for manufacturing candidates in Malaysia. Employers are looking for candidates who are well versed in automation, process improvement, industrial engineering and research as the manufacturing sector remains the backbone of the Malaysian economy.
- Bilingual skills: 2017 will see many employers look to recruit candidates who have a good command of Chinese and English for contact centres and customer service roles. Employers are struggling to find suitable candidates who are fluent in both languages in the local market.
- Human Resource professionals need business acumen: HR professionals looking to switch roles in
2017 will need to be commercially-minded due to the changing business landscape. Businesses will be looking for HR professionals who are strategic thinkers and can help them map out long-term growth plans.
- Diversification: 2017 will see a large number of banks shift focus from corporate banking to commercial and SME segments. The diversification process will see demand for candidates across a wide range of functions. Top of the list will be risk professionals who can assist banks in consolidating their operations. Banks will also be looking to attract relationship managers and credit professionals.
- Tightened governance: Banks are strengthening their governance structures which will create a number of positions across anti-money laundering, sales and regulatory compliance and market conduct functions. As regulators introduce new rules and regulations for fintech firms, we will see greater demand for risk managers and compliance professionals to ensure adherence to new guidelines.
- Cyber security investment: MNCs and small businesses are planning to heavily invest in their cyber security defenses to ensure there will be no security breaches in 2017 and beyond. This will create a number of new roles for cyber security experts who will be expected to safeguard the IT operations of organisations who could be the target of cyber-attacks.
Talk to the Best Education Consultant in Malaysia to Help you Make the Right Choice in your Studies
Choosing your course & career is one of the most important decisions that you will make in your life. When making this decision, students need to take time to research the right information and also talk to knowledgeable & experienced counselors.
Students in Malaysia need to talk to the right education counselors so that you get the right information to help you in making this life-changing decision.
Ask the right Education Counselors in Malaysia to help you. Would you ask a Doctor on how to repair your car? Or would you ask a mechanic for medical advise? Although this sounds ridiculous, but many students do listen to advise from young and inexperienced counselors from universities, colleges or agents’ offices. Talking to an experienced education advisor in Malaysia would help you to navigate through this confusing time of choosing the best course that fits you.
Experienced education counselors are able to analyse your interests, personality and exam results
to help you make a list of possible courses for consideration. Students must make their decisions based on facts & evidence. Do not simply just listen to the counselor or relative to make your decision without first checking if the information given is true or not.
EduSpiral Consultant Services staff have more than 15 years experience in counseling students. Having worked in the private education industry, we have in-depth knowledge of each private university and college in what they are good at.
EduSpiral Consultant Services has worked with our partner universities and colleges for many years while the counselors at the private universities or agents’ offices change every few years therefore they would not have the in-depth knowledge of the courses and the university that they are working at.
At EduSpiral Consultant Services, I have worked in the private higher education industry in Malaysia for more than 15 years advising students with facts and evidence on how to choose the right course after SPM. You should carefully think about what are the options available to you. To choose the best course that fits you, students may fill up our EduSpiral Career Assessment form for evaluation.
The EduSpiral Career Assessment form is a simple form designed by us that gathers information from students after SPM, O-Levels, UEC, STPM or A-Levels in order to assess their aptitude helping us to determine the most suitable course and career progression.