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Technology Market Insights Q3 2017

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.

Technology
Salary Report for Q3 2017*

Commerce & Industry

     
Job Title Years of experience Annual salary range (RM$) Contract rate per month (RM$)
Business Change 
CIO / CTO 12–15+ 360K–600K NA
IT Director  10–15+ 250K–360K 21K–30K
Program Manager  10–15+ 200K–350K 17K–29K
Project Manager 8–12 160K–220K 13K–18K
Business Analyst  5–12 120K–190K 10K–16K

Application Development
Head of Engineering 12–15+ 300K–600K NA
Product Manager 7–12+ 145K220K 12K–18K
Solutions Architect 10–15+ 180K–250K 15K–21K
Development Manager  10–15+ 180K–250K 15K–21K
Mobile Developer 7–12+ 96K–150K 8K–13K
Front End Developer 7–12+ 96K–150K 8K–13K
C++ / Java / .Net  3–8 100K–150K 8K–13K
RDBMS developer / DBA 3–8 100K–150K 8K–13K
Robotic Process Automation (RPA) 5–8 96K–144K NA

Infrastructure
Infrastructure Director  10–15+ 180K–350K 15K–29K
Infrastructure Manager  8–12+ 140K–180K 12K–15K
Solutions Architect 10–15+ 140K–200K 12K–17K
Systems Administrator  5–8 80K–120K 7K–10K
IT Security Analyst  5–8 80K–120K 7K–10K

Testing
Test Manager 11+ 120K–160K 10K–13K
Test Lead 7–10 100K–150K 8K–13K
Test Analyst 4–7 60K–100K 5K–8K

SAP
SAP Regional / Global Managers 12+ 200K–350K 17K–29K
SAP Project / Program Managers 10+ 160K–260K 13K–22K
SAP Functional Lead 8–12 140K–220K 12K–18K
SAP Functional Consultants 5–10 100K–180K 8K–15K
SAP Techno Functional Consultants 5–10 100K–180K 8K–15K
SAP Business Analysts 5–8 80K–120K 7K–10K
SAP Technical Analyst 5–8 80K–100K 7K–8K

Oracle
Oracle E biz Suite Technical (Developer) 5–10 80K–100K 7K–8K
Oracle E biz Suite Techno Functional 5–10 80K–120K 7K–10K
Oracle E Biz Functional 7–15 100K–180K 8K–15K
Oracle E Biz Project Manager 10+ 120K–220K 10K–18K
       

Banking & Financial Services

     
Job Title Years of experience Annual salary range (RM$) Contract rate per month (RM$)
Business Change
Program Manager  10–15+ 220K–320K 18K–27K
Project Manager 8–12+ 180K–250K 15K–21K
Business Analyst  5–12+ 80K–180K 7K–15K

Application Development
Solutions Architect  10–15+ 150K–250K 13K–21K
Development Manager  10–15+ 240K–300K 20K–25K
C++ / Java 3–8 60K–150K 5K–13K
.Net 3–8 60K–150K 5K–13K
RDBMS developer 3–8 60K–150K 5K–13K
Robotic Process Automation (RPA) 5–8 96K–144K NA

Infrastructure
Infrastructure Director  10–15+ 220K–320K 18K–27K
Infrastructure Manager  8–12+ 150K–200K 13K–17K
Infrastructure Engineer 8–12+ 120K–200K 10K–17K
Systems Administrator  5–8 100K–150K 8K–13K
Info Security Director 10–15+ 180K–250K 15K–21K
Info Security Specialist 5–8 120K–200K 10K–17K
Database Administrator 3–8 80K–150K 7K–13K

 

*Notes about salary table:

  1. Titles and levels vary from organisation to organisation.
  2. The salary ranges given are only approximate guides. For tailored salary advice, please contact us directly.
  3. 12-month base salaries are assumed.
  4. All other benefits and bonuses are in addition to these figures.
  5. 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.
  6. Holiday entitlements range from 1225 days with senior executives not usually receiving less than 18 days. Less than 15 is very rare and 20 days is becoming the norm.
  7. Healthcare policies are standard.
  8. Pension plans vary with some companies offering greater than the standard contribution. Top up schemes can increase employer contribution levels as much as 1520% of the base salary for senior executives.