KUALA LUMPUR, 2 March 2021 – Malaysia’s international attractiveness as a desired nation for foreigners to relocate for work jumped by some 23 locations in 2020, in accordance with a collaborative examine carried out by the Boston Consulting Group, international recruitment firm The Network and SEEK Asia which owns JobStreet.
Ranked quantity 42 in 2014 and 33 in 2018, the general attractiveness of Malaysia to international staff surged to the 19th place final 12 months, with Kuala Lumpur leaping from the 52nd (2014) and 42nd (2018) positions to position Malaysia’s capital at quantity 18 in 2020.
Nations, the place folks want to come to Malaysia to work, have been ranked as follows: Indonesia, Singapore, India, Pakistan, Yemen, Thailand, China, Syria, Nigeria and Qatar.
“Whereas most Asian locations improved their rankings final years by way of attractiveness for employment, Malaysia is a transparent success story as an employment vacation spot,” mentioned SEEK Asia’s chief advertising and marketing officer Ramesh Rajandran (fundamental pic above).
“The pandemic has confirmed to be a key issue that has drastically modified the way in which international expertise take into consideration employment preferences.”
SEEK Asia, the holding firm of JobStreet and JobsDB, is at this time Southeast Asia’s largest employment market.
The examine, entitled ‘Decoding World Expertise’, was one of many world’s largest surveys thus far with 208,805 respondents in additional than 190 nations.
It theorised that Malaysia’s attractiveness as an employment vacation spot in 2020 was resulting from a lot better administration of the Covid-19 pandemic as in comparison with sure Western nations.
For Malaysia, some 5,649 respondents have been surveyed, of which 48% have been beneath 30 years of age, and 41% being ‘extremely educated’ with Masters, PhD, Doctorate or equal levels.
Malaysians now much less prepared to work overseas
Diving deeper into the native context, the examine additionally reveals that Malaysians at the moment are much less prepared to work overseas, as in comparison with earlier years.
JobStreet mentioned that solely 40% of Malaysian respondents expressed willingness to work overseas in 2020, as in comparison with 65% in 2018 and 67% in 2014.
The examine attributed this sharp decline to restrictions and uncertainty resulting from Covid-19, notably relating to journey, nationalistic insurance policies in different economies, and the normalisation of digital work setups.
Primarily based on job sectors, Malaysian social care and human sources staff are the least more likely to transfer overseas, with 21% and 24% unwilling to take action, respectively. This was adopted by administration and secretarial, along with finance & auditing personnel at 34%.
On the reverse finish of the spectrum, college students (61%), Malaysians concerned in digitisation and automation (56%) and media & info (52%) personnel have been prepared to relocate to a different nation for work functions.
Singapore is the highest vacation spot of Malaysians who want to work overseas, adopted by Australia, the UK, New Zealand and Japan, respectively.
In the meantime, some 53% of Malaysians indicated their willingness for distant employment with preferences for corporations from the next nations: Australia, Singapore, United Kingdom, United States and China.
Nations that listing Malaysia as a prime decide for distant employment have been from Indonesia, Singapore, India, Thailand and Qatar.
“At our finish, SEEK Asia along with our subsidiaries JobStreet and JobsDB shall proceed searching for out one of the best skills for hirers, whereas additionally enhancing folks’s lives by higher careers and in securing ‘jobs that matter’,” mentioned Ramesh.
“We fulfil this promise by providing essentially the most alternatives for job-seekers and hirers to attach with each other, complemented by our best-in-class synthetic intelligence (AI) matching applied sciences to realize that ‘win-win’ equation.”
The complete examine may be seen here.
Focused on having your bulletins on Malaysiakini? Contact the bulletins group at [email protected] or WhatsApp on +60 17-323 0707 for pressing issues.