Showing posts with label Kelly Services Salary Survey. Show all posts
Showing posts with label Kelly Services Salary Survey. Show all posts

Sunday, August 9, 2015

Highest Paid Jobs in Malaysia According to Kelly Services

Malaysia's job market is robust.

I whatsapped EduSpiral and got the information I needed about the university and course. He then arranged for me and my mother to meet up with APU counselors and to tour the campus as well. Li Jian, IT at Asia Pacific University
I whatsapped EduSpiral and got the information I needed about the university and course. He then arranged for me and my mother to meet up with APU counselors and to tour the campus as well.
Li Jian, IT at Asia Pacific University
Skilled professionals are in demand in Malaysia, with some industries being considerably more pronounced than others.
According to the Kelly Services 2014/2015 Malaysia Salary Guide , “the skilled talent pool in Malaysia is at 27 percent – far off from the estimated requirement of 45 percent to meet the national agenda of a high income nation by 2020.”
The good news is, with higher demand, comes increased standard of wages. In the past 12 months, there has been a spike in wages, with the banking and finance sector benefitting from the highest spike of 10 to 25 percent in monthly wages, followed by the sales and marketing sector which benefitted from 10 to 20 percent spike, the logistic and warehousing sector with a 10 to 15 percent increase, the engineering sector went up to 10 percent while information technology with five to 10 percent spike in wages.
The Malaysia Salary Guide also lists down a whole number of jobs with an indication of what the average salary range should be, according to placements made by Kelly Services Malaysia.

Highest-paying positions and industries (per month basis) as listed by Kelly Services Malaysia

Information Technology (IT) is a High Paying Job in Malaysia

“IT is the industry with the most shortage and demand currently,” said Kamal Karanth, director of Kelly Services Malaysia.
IT stands as one of the highest-paid industries with programme directors as well as chief technology officers and chief information officers of 12-18 years having an earning capacity between RM22,000 and RM35,000 monthly.
Project directors, sales directors, and service delivery directors in the IT industry of the same experience level stand to earn anywhere between RM16,000 and RM25,000.

Engineering is one of the Top Paid Salaries in Malaysia

Another high-paying industry is engineering, with engineering managers of 8-12 years of experience earning a minimum of RM13,000 and a maximum of RM22,000. Utilities managers, another high-paying position can earn a minimum of RM16,000 and a maximum of RM21,000.

Sales and Marketing Professionals are Paid High Salaries in Malaysia

Coming into close competition with the engineering industry is none other than the universal money-making industry themselves. Heads of sales and marketing and sales directors with over 10 years of experience stand to rake in a minimum of RM12,000 and a maximum of RM25,000, while vice presidents of corporate strategy and planning of just seven to 10 years of experience are paid within the same range.

Human Resources (HR) is a Top Paid Position in Malaysia

Those in the Human Resource field also stand to make a rather decent living, with HR directors of over 15 years of experience having an earning capacity between RM15,000 to RM30,000. Senior HR managers of seven to 10 years of experience may earn anywhere between RM8,000 and RM18,000, while senior recruitment managers of the same experience can earn anywhere between RM10,000 and RM15,000 per month.

EduSpiral Consultant Services- Your Personal Online Education Advisor

Established since 2009, EduSpiral Consultant Services helps provide information and counselling on courses and universities
EduSpiral took us to visit APU and UCSI so that we can see the campus facilities and make a better decision about our future. Kian Yong (Mechanical Engineering) at UCSI University and Hong Ann (Software Engineering) at Asia Pacific University
EduSpiral took us to visit APU and UCSI so that we can see the campus facilities and make a better decision about our future.
Kian Yong (Mechanical Engineering) at UCSI University and Hong Ann (Software Engineering) at Asia Pacific University
in Malaysia. EduSpiral Consultant Services also represents MDIS Singapore and Hong Kong Polytechnic University.
EduSpiral Consultant Services represents the best colleges and universities in Malaysia offering a wide range of choices for students to choose from. These colleges and universities offer value for money in the quality of education and excellent facilities that you get.
These universities and colleges are chosen by EduSpiral because they represent the best in their fields in Malaysia and affordable. EduSpiral provides in-depth information and counseling on their courses so that students are able to make the right choice.
If you are still not sure what to study, please contact us and we will send you a free EduSpiral Career Assessment Form.
Please contact us for more details.


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Monday, June 8, 2015

Banking, Finance & Investment Jobs in Demand in Malaysia according to Kelly Services Salary Survey 2015

Banking & Finance Jobs are in Demand in Malaysia

Multimedia Super Corridor (MSC) Malaysia is estimated to provide 50,000 total jobs and MYR$ 5.5bil investments by 2015 with
Banking & Finance professionals can earn very high salaries in Malaysia
Banking & Finance professionals can earn very high salaries in Malaysia
cloudbased computing services set to become the next engine of growth.
Additionally, several conglomerates such as Huawei Technologies (a leading global ICT solutions provider); Halliburton (one of the world’s largest oil field services companies); Ranbaxy Laboratories (an Indian multinational pharmaceutical company); and NTT Communications (one of the top three telecom companies in the Fortune Global 500 ranking) are already leveraging on the country’s workforce opportunities.

However as Malaysia transforms itself from an input-driven growth strategy to one which is increasingly driven by knowledge, the local talent required to advance the economic transformation agenda must possess skills and qualities to match industry requirements.

Currently the skilled talent pool in Malaysia is at 27 percent – far off from the estimated requirement of 45 percent to meet the national agenda of a high income nation by 2020. Other compounding challenges include low levels of students passing English exams while much sought after Mandarin-speaking local talent are being incentivised to move out of the country.

This battle however can be easily won as indicated by Kelly Services Malaysia’s MSC Malaysia is estimated to provide 50,000 total jobs and MYR$ 5.5bil investments by 2015 with cloud-based computing services set to become the next engine of growth. recent Global Workforce Index (KGWI) survey on Career Development which revealed that 64 percent of Malaysian employees (respondents of the survey) favoured skills over money and promotion!

To that end, Malaysia’s Institutions of Higher Learning must adapt their curricula accordingly with more emphasis on practical industry experience since job trends will always follow market-driven trends. Meanwhile employers need to focus on up skilling their employees to uphold the competitive advantage for their organisations.

Banking & Finance Jobs in Demand in Malaysia

The Financial sector stands as one of the largest sectors in Malaysia with more than 300,000 people employed. This sector is
Bank Negara Malaysia
Bank Negara Malaysia
made up by professionals in the Accounting, Banking, Economics, Finance, Insurance and Statistics and Taxation sub-sectors. An important industry for the country, it contributes up to 11 percent of the nation’s Gross Domestic Product (GDP).
The role of the financial sector is envisioned to continue growing to be a key driver and catalyst of Malaysia’s economic progression.

This sector is projected to be more competitive, dynamic, inclusive, diversified, and integrated, with the ability to offer world class financial services, in terms of breadth, depth and quality to serve the needs of Malaysia.

In tandem with this, Bank Negara Malaysia (BNM – the country’s central bank) has prepared and is gradually implementing a blueprint in promoting Islamic Banking and Finance and achieving 40 percent share of the domestic financing market.
In fact, in the field of Islamic Finance, Malaysia helms as the de facto captain globally. In less than a decade from 2006 to 2013, the Malaysian “sukuk” listing already commands 63 percent of the world sukuk market with a value of US$67 billion.

Banking & Finance Salaries in Malaysia

Years of ExperienceMinMax
Relationship Manager8 years8,00015,000
Business Intelligence Manager8 years8,00015,000
Investment Analyst5 to 108,00019,000
Product Development Head5 to 108,00018,000
Shariah Head5 to 108,00021,000
Head Credit Risk8 years8,00018,000
Head Sales8 years8,00015,000
Head Merchant10 years8,00018,000
Senior Manager – Compliance5 years9,00015,000
Branch Manager5 to 65,50012,000
Compliance Manager4 to 56,5009,500
Risk Management Manager4 to 76,5009,500
Fund Accountant Manager3 to 75,5009,000
Relationship Manager3 to 54,0007,500
Compliance Officer4 to 53,5007,000
Assistant Branch Manager1 to 34,0006,500
Credit Manager1 to 33,5006,000
Treasury Officer4 to 53,5006,500
Corporate Recovery Executive4 to 53,0005,500
Credit Analyst4 to 53,5007,500
Internal Auditor2 to 32,5003,500
Personal Financial Consultant1 to 32,8004,500

Study Banking, Finance & Investment at the Best Universities in Malaysia

"I attended EduSpiral's Education Fair at KInta Riverfront after my SPM exam in December and obtained great information there. Although Asia Pacific University is famous for IT but I found out that they have a solid accounting programme and I can get a UK degree. I got a scholarship as well from APU." Julian Hum, from SMK St. Michael Institution, Ipoh studying Business at Asia Pacific University.
"I attended EduSpiral's Education Fair at KInta Riverfront after my SPM exam in December and obtained great information there. Although Asia Pacific University is famous for IT but I found out that they have a solid accounting programme and I can get a UK degree. I got a scholarship as well from APU."
Julian Hum, from SMK St. Michael Institution, Ipoh studying Business at Asia Pacific University.

Job Demand For Banking, Finance & Investment Graduates in Malaysia

EduSpiral Consultant Services- Your Personal Online Education Advisor

Established since 2009, EduSpiral Consultant Services helps provide information and counselling on courses and universities in Malaysia. EduSpiral Consultant Services also represents Northampton University, UK, MDIS Singapore and Hong Kong Polytechnic University.
EduSpiral gets to know our students personally in order to be able to advise on which course & university is the best such as these 2 students after a visit of Asia Pacific University
EduSpiral gets to know our students personally in order to be able to advise on which course & university is the best such as these 2 students after a visit of Asia Pacific University
EduSpiral Consultant Services represents the best colleges and universities in Malaysia offering a wide range of choices for students to choose from. These colleges and universities offer value for money in the quality of education and excellent facilities that you get. These universities and colleges are chosen by EduSpiral because they represent the best in their fields in Malaysia and affordable.
EduSpiral Consultant Services represents the best colleges and universities in Malaysia offering a wide range of choices for students to choose from. These colleges and universities offer value for money in the quality of education and excellent facilities that you get.
These universities and colleges are chosen by EduSpiral because they represent the best in their fields in Malaysia and affordable. EduSpiral provides in-depth information and counseling on their courses so that students are able to make the right choice.
If you are still not sure what to study, please contact us and we will send you a free EduSpiral Career Assessment Form.
Please contact us for more details.
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