A strong and integrated sustainability strategy enables organisations to better attract and retain employees, according to recruiting experts Hays.
With the fall out of the global pandemic hampering day-to-day operations through disrupted supply chains and restricted movement, Malaysia’s engineering sector was rightly concerned for the future. This was then compounded as the price of oil – a major driver of the country’s economy – fell to historical lows.
Flexible working options and employee wellbeing are top priorities for job seekers in Asia as they look to the new era of work, finds the new Uncovering the DNA of the Future Workplace in Asia report by leading recruitment experts Hays, which surveyed over 9,000 working professionals across Asia in February and again in September 2020. Respondents across Asia have dropped salary and benefit packages as their top priority and are instead looking at being part of an organisation that values employee wellbeing as not only a crucial element to flexibility, but purpose and connection to their role.
The drive to learn and upskill amongst Malaysia’s professionals, as well as their inherent confidence in their skills, has been a continuing trend that has likely been cemented by the pandemic, says a new report by leading recruitment experts Hays.
Hays, the world’s leading staffing and recruiting experts in qualified, professional and skilled people has announced it’s continued expansion of its market leading Engineering recruitment division. The move will double Hays’ presence and capacity in the region with the creation of a new division in our Hays Kuala Lumpur office and doubling the size of it’s highly successful Engineering team in our Hays Sunway office, further cementing it as the largest and most geographically established recruitment team of its kind in Malaysia.
With younger workers amongst the worst affected by the pandemic, Hays CEO Alistair Cox says it is the duty of business leaders to act and support this generation of workers.
Malaysia’s moratorium on loan repayments as well as the ongoing pandemic have significantly impacted the workings of its banking and financial institutions. One area of impact has been hiring, with new headcounts being rigorously controlled at this time. While banks have not stopped hiring, they have been observed to have become faster and more deliberate in their selection processes. Additionally, the current atmosphere of regulatory changes has increased the need for talent-short governance and change management-related roles, while the ongoing boom in digital payments and processes has led demand for more ‘quantitative’ roles that can harness skills like software development and data analytics to support digitalisation and automation.
As Malaysia continues to battle against and recuperate from the fallout of COVID-19, it has never been more important for businesses to find exceptional talent. Many are now trusting specialist recruitment agencies to source the perfect fit amidst market uncertainties, cost-cutting measures and mounting job responsibilities. But despite investing in expert recruitment agencies, many businesses may be missing a crucial step that would help them get the most out of their investment, says Sarah Tanoue, Business Director for Hays Malaysia.
