Most Malaysian employers to give 3%-6% raise this year, study says

Worried by a sluggish economy this year, most Malaysian employers are planning to raise staff salaries by only 3% to 6%, said global recruitment firm Hays. The 2016 Hays Asia Salary Guide revealed that 46% of employers plan salary increases of between 3% and 6% in the next review period, while 29% plan to give raises of between 6% to 10%. The guide said 11% of employers plan increases of only up to 3%, while 4% do not plan on giving increments, said Christine Wright, managing director of Hays in Asia. "We will see some tension this year between employers taking a cautious approach to salaries to help navigate economic conditions in the region more generally and candidates hungry for advancement," it said. The guide highlights salary and recruiting trends from more than 3,000 employers across Malaysia, Hong Kong, Singapore, China and Japan. The firms involved represent six million employees and salary ranges for more than 1,200 roles. – February 23, 2016. MORE TO COME]]>