As we progressed through the second quarter of 2017, the demand for high-quality technology talent showed no sign of slowdown across all industries in Malaysia.
Robust hiring demand for Technology professionals
In Q2 2017, we continued to see a healthy hiring demand across the following areas:
- Infrastructure Services such as networks, platforms and specialist areas such as Cloud and Virtualisation
- IT Services Management and Governance areas such as ITIL and Lean IT, as businesses pushed to drive operational efficiency into their IT service delivery
- ERP, EAI and other specialist off-the-peg solutions from large vendors such as SAP, Oracle and Salesforce
- Digital Platform Development in areas such as .NET, Full Stack Java, Ruby on Rails, DevOps and QA
- Business Change and Transformation, an increasingly dominant area of IT given the level of IT transition in Malaysia, which tends to be either technologically, functionally or business-aligned
- Big Data analytics technology
Technology contractors increasing in demand
We have seen, in the second quarter of this year, that there has been a steady increase in the demand for contract Technology professionals as companies drove implementation projects.
The challenge in hiring contractors was often in finding professionals with the right level of experience for a short term role, along with the existing demand for permanent employment in the market.
However, we observed that there were job seekers who looked at contract assignments as a more flexible career option. It will be interesting to see whether this approach develops a wider appeal among job seekers in the coming months.
Future continues to be bright for Technology talent
Moving into the months ahead, from an overall perspective, we see no signs of abating on the demand for Technology talent.
With digitalisation adopted as a broad strategy across all companies, the continued drive for efficiency gains, and the consistent threat of cyber security attacks, the need for exceptional Technology talent has never been greater. We can only expect the robust demand for these professionals to continue throughout Q3 2017 and the year.
Salary Report for Q3 2017*
*Notes about salary table:
- Titles and levels vary from organisation to organisation.
- The salary ranges given are only approximate guides. For tailored salary advice, please contact us directly.
- 12-month base salaries are assumed.
- All other benefits and bonuses are in addition to these figures.
- Bonus ranges can vary significantly from company to company and will be influenced by market conditions, business and individual performances. Bonus ranges from 1 month at the low end to 100%+ at the upper.
- Holiday entitlements range from 12–25 days with senior executives not usually receiving less than 18 days. Less than 15 is very rare and 20 days is becoming the norm.
- Healthcare policies are standard.
- Pension plans vary with some companies offering greater than the standard contribution. Top up schemes can increase employer contribution levels as much as 15–20% of the base salary for senior executives.
by Siew Yong Bong