Robert Walters has released the 22nd edition of its Salary Survey, presented in a brand-new digital format. The Salary Survey not only provides a comprehensive salary guide for both hiring managers and job seekers, it also includes video updates on market conditions in various sectors from our industry experts.
According to the salary guide, a conservative job market is expected in most sectors in 2021. This means that hiring activities will be strictly scrutinised. In terms of remuneration, job movers can expect lower than usual salary increments of 12-15% as companies try to manage their cash-flow. For currently employed jobseekers, it is likely that their wages will remain stagnant. However, top performers who may still be able to draw good increments as companies will continue to try to retain their top talent.
“The 2021 market will continue to be challenging for clients as well as candidates, whether they are existing job holders or job-seekers alike. Nevertheless, there are opportunities out there and candidates will need to be well-rounded, with not just technical skillsets and the necessary experience, but a strong understanding of how the digital sphere interacts with their industry and a propensity to adapt and learn the dynamics of an ever-changing marketplace in order to thrive,” said Kimberlyn Lu, Country Manager of Robert Walters Malaysia and Philippines.
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To find out more about the latest recruitment trends, request access to our Salary Survey today.
For more information on the Salary Survey and Robert Walters in Malaysia, please email us at malaysia@robertwalters.com or call +603 2380 8700.
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