Tech 2018

Technology Market Insights H1 2018

Published on 5th January 2018

In 2017, as Malaysia continued its progress towards its Vision 2020, the demand for high calibre technology talent remained significant.

Continued trend of onshored companies

Throughout 2017, there was the continuing trend of foreign companies onshoring to Malaysia and establishing regional or global hubs, fueling the talent demand to support these onshoring moves even further.

Commercial IT talent was in demand

In addition to IT shared services operations increasing in size and scope, we were also seeing an increase in demand for commercial IT professionals in 2017. This demand was across Applications and Enterprise, encompassing roles such as Web and Mobile Developers, Data Scientists and Engineers, as well as Cybersecurity and Digital Workplace professionals.

Hot talent areas include IoT, AI and Big Data

Mirroring global trends, the hot technology areas in 2017 for Malaysia include Internet of Things (IoT), machine learning, robotics, artificial intelligence (AI), Big Data, data analytics, cloud services, cybersecurity and digital. IT professionals with experience and a proven track record in these areas have been and will continue to be in high demand.

We have also witnessed an increasing interest in contractors as companies look to adopt a more flexible workforce to support key projects.

Technology talent outlook for the year 2018

Going into 2018, we expect to see the trends of 2017 to continue, as well as to see more talent focus on virtual and augmented reality (AR) as well as blockchain. 

However, the technology skills gap is likely to deepen due to multidimensional integration across different platforms, and we do expect to see more hybrid roles appearing. Demand for IT professionals will outweigh supply, and in order to meet business requirements, organisations will need to think deeper about their talent strategy to stay ahead.

Salary Report for H1 2018*

Commerce & Industry

Job Title Years of experience Annual salary range (RM$) Contract rate per month (RM$)
Business Change 
CIO / CTO 12–15+ 384K–600K NA
IT Director  10–15+ 300K–480K 25K–30K
Program Manager  10–15+ 240K–360K 20K–30K
Project Manager 8–12 160K–240K 13K–20K
Business Analyst  5–12 144K–216K 12K–18K

Application Development
Head of Engineering 12–15+ 300K–600K 25K-30K
Product Manager 7–12+ 145K220K 12K–18K
Solutions Architect 10–15+ 180K–264K 15K–22K
Development Manager  10–15+ 180K–300K 15K–25K
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–204K NA

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

Test Manager 11+ 150K–180K 12K–15K
Test Lead 7–10 100K–150K 8K–13K
Test Analyst 4–7 60K–100K 5K–8K

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 Analyst 5–8 80K–120K 7K–10K
SAP Technical Analyst 5–8 80K–100K 7K–8K

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+ 240K–360K 20K–30K
Project Manager 8–12+ 160K–240K 13K–20K
Business Analyst  5–12+ 144K–216K 12K–18K

Application Development
Solutions Architect  10–15+ 180K–264K 15K–22K
Development Manager  10–15+ 180K–300K 15K–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–204K NA

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.