JobStreet.com

Transcription

JobStreet.com

}
Improving Lives
Through Better Careers
{
Theme: Meeting Today’s and Tomorrow’s Needs
Strategising Talent
Development: Preparing For
Tomorrow’s Needs
1 December 2010
SINGAPORE • MALAYSIA • PHILIPPINES • INDONESIA • INDIA • JAPAN • THAILAND
Copyright © by JobStreet.com
Agenda
• Intro of JobStreet.com
• Employment Outlook
• New Economic Model & the
National Key Economic Activities in
Economic Transformation Program
• Key HR Trends & Strategies
• Enhance Quality of Our Graduates
Corporate Overview
JobStreet.com is an Online Recruitment Service Provider
Asia’s Leading
No. 1 Proven
Malaysia
Philippines
Singapore
Indonesia
Japan
Thailand (new)
30,000+
Corporate Clients
1,500,000+
Jobseekers
Listed on Bursa Malaysia Main Board
Award Winner
•Top 30 Brands in “Malaysia’s Most Valuable
Brands” Awards (2009, 2008)
• MITI Industry Excellence Awards (2009,
2007)
• Deloitte Technology Fast 500 Asia Pacific
(2008)
• KPMG/The Edge Shareholder Value Awards
(2008, 2007, 2006)
• Top 500 FORBES Asia (2007)
•BrandChannel Reader's Choice Award, AsiaPacific region (2006)
Our Operations
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Malaysia since 1995
Philippines since 1999
Singapore since 1999
India since 2000
Indonesia since 2005
Japan since 2007
Thailand - 2009
Agenda
JobStreet.com Employee Confidence Index for Malaysia is
back at pre-crisis stage
JobStreet.com Employee Confidence Index (Malaysia)
60
Confidence Index
50
40
30
20
10
0
Feb-07
Mar-07
Apr-07
May-07
Jun-07
Jul-07
Aug-07
Sep-07
Oct-07
Nov-07
Dec-07
Jan-08
Feb-08
Mar-08
Apr-08
May-08
Jun-08
Jul-08
Aug-08
Sep-08
Oct-08
Nov-08
Dec-08
Jan-09
Feb-09
Mar-09
Apr-09
May-09
Jun-09
Jul-09
Aug-09
Sep-09
Oct-09
Nov-09
Dec-09
Jan-10
Feb-10
Mar-10
Apr-10
May-10
Jun-10
Zooming in… February 2009 had a sharp V-shape drop and rebounced
53.0
51.0
49.0
47.0
45.0
43.0
JobStreet.com Employee Confidence Index for Singapore fell badly
in 2008-2009, but has rebounced by more than half
JobStreet.com Employee Confidence Index (Singapore)
70
60
Confidence Index
50
40
30
20
10
0
Jun-10
May-10
Apr-10
Mar-10
Feb-10
Jan-10
Dec-09
Nov-09
Oct-09
Sep-09
Aug-09
Jul-09
Jun-09
May-09
Apr-09
Mar-09
Feb-09
Jan-09
Dec-08
Nov-08
Oct-08
Sep-08
Aug-08
Jul-08
Jun-08
May-08
Apr-08
Mar-08
Feb-08
Jan-08
Dec-07
Nov-07
Oct-07
Zooming in… Singapore has a much sharper drop and their
rebounce is over a longer period of time as well
58.0
53.0
48.0
43.0
38.0
Malaysia's Job Outlook Confidence @ Q4 2010
Comparison with 4Q2009:
Respondents were definitely more optimistic this time around, compared with Q4 2009
About 51 percent said that the job outlook will be better this year, a slight jump from the 48
percent who answered similarly last year
21 percent of respondents thought that employment prospects will get worse, an
improvement from the 23 percent in the same period last year.
Malaysia's Job Outlook Confidence @ Q4 2010
Hiring Activities:
It’s still very cautious landscape
from the employers’ perspective: a
50-50 for hiring activities, with
49.3% saying they will hire more or
maintain the same rate.
40% say they will hire less and only
10% mentioned that they are not
hiring.
Month to Month Job Posting Trends from 2007 to 2010
•US sub prime crisis
intensified
• Lehman Brothers
filed for Chapter 11
•Explosion of Jobs
beginning March
2010!
•Lowest point of
confidence in Jan
2009
• V-shape recovery
thereafter
12
Top 10 Industries by Job Ads: Manufacturing, Construction & ICT
(Software) industry are contributing 40% of total advertisement
Top 10 Industries for 08, 09 & 10
3200
ManufacturingProduction
3000
Construction/Property
2800
ICT-Software
2600
2400
2200
Financial ServicesBanking
2000
Manufacturing-E&E
1800
Services-Consulting
1600
1400
Services-Others
1200
Consumer-Trading
1000
800
ICT-Telco
600
400
Services-Education
200
Aug-10
Jul-10
Jun-10
May-10
Apr-10
Mar-10
Feb-10
Jan-10
Dec-09
Oct-09
Nov-09
Sep-09
Aug-09
Jul-09
Jun-09
Apr-09
May-09
Mar-09
Feb-09
Jan-09
Dec-08
Oct-08
Nov-08
Sep-08
Aug-08
Jul-08
Jun-08
May-08
Apr-08
Mar-08
Feb-08
Jan-08
0
13
Top Job Categories in Malaysia for 3rd Quarter 2010. These are also
Top Low Supply Jobs
Finance - General/Cost Accounting
Clerical/Administrative Support
Marketing/Business Development
IT/Computer - Software
IT/Computer - Network/System/Database Admin
Manufacturing/Production Operations
Human Resources
Customer Service
Banking/Financial Services
Purchasing/Inventory/Material & Warehouse Management
Agenda
One of the Strategic Reform Initiatives in Economic Transformation
Programme is Developing Quality Workforce
Top 5 National Key Economic Activities as listed out in the
Economic Transformation Programme
For most of the industries, the total jobs availability has been increasing
steadily since 2009
7,000
Ad Posted by Industry FY 2009 till July 2010 by Quarter
6,000
Business Services
5,000
Information and
Communications
Technology (ICT)
Wholesale and Retail
4,000
Financial Services
Electrical and Electronic
3,000
Education Services
2,000
private healthcare
Tourism
1,000
Oil and Gas
0
Q1 '09
Q2 '09
Q3 '09
Q4 '09
Q1 '10
Q2 '10
Q3 '10
Total applications went down from Q1 2009 to Q3 2009, but has
since bounced to a peak in Q1 2010. For Q2& Q3 2010, total
applications have moderated
Average Application Received (by Industry) FY 2009 till July 2010 Financial Services
143
134
138
Oil and Gas
125
120
Education Services
111
Agriculture
84
Tourism
Electrical and
Electronic
Wholesale and Retail
Information and
Communications
Technology (ICT)
Business Services
Q1 '09
Q2 '09
Q3 '09
Q4 '09
Q1 '10
Q2 '10
Q3 '10
Agenda
Top 5 Job Market trends for
2010 & Beyond
1. Jobseekers will be active
and mobile … and choosy
2. Jobs will continue to climb, and application rates will drop
3. Job hopping will be pertinent. Retention is key.
4. Companies need to be more creative & savvy in their
recruitment/ attraction activities
5. Employer Branding will be the key differentiator
Change in Local Talent
• Many young Malaysian have Choices
– To work or NOT to work
– location of work
– lifestyle preferences
• Malaysians today are more adventurous
– want to see the world
– new economies are attracting talents as place for career growth
– China, Vietnam, Cambodia
• Access to information
– easy link on external opportunities
– aware and educated on laws & rights
How is our Salary Compared to Other Countries?
IT/ Computer
Finance & Accounting
Position Level
Senior Manager
Middle Manager
Senior Executive
Junior Executive
MY
10,610
6,703
3,856
2,432
Average ( RM )
PH
7,692
2,473
1,413
1,015
SG
20,472
12,209
7,732
5,370
Sales (non-Technical)
Position Level
Senior Manager
Middle Manager
Senior Executive
Junior Executive
MY
8,333
5,533
3,273
2,400
Position Level
Senior Manager
Middle Manager
Senior Executive
Junior Executive
Average (RM)
MY
PH
SG
11,251
6,154
21,616
7,059
2,857
13,081
4,352
1,688
9,013
2,671
1,010
6,162
Sales (Technical)
Average ( RM )
PH
SG
5,692
15,938
2,220
9,461
1,531
6,986
1,058
5,202
Position Level
Senior Manager
Middle Manager
Senior Executive
Junior Executive
MY
Average ( RM )
PH
-
-
6,150
2,628
3,700
1,648
2,820
1,038
SG
16,396
11,555
7,980
6,218
Singapore jobseekers generally earn higher due to the exchange rate, so this
will likely be an attractive factor for jobseekers who are mobile and willing
to explore overseas opportunities.
What matters most?:
JobStreet.com – Youth Says Malaysian Youth Survey 2009
• 56% youths are willing to put
up longer hours for higher pay.
• 75% of youths say that they
are prepared to dedicate their
lives to their careers.
Note: 3,000 youths in Malaysia responded to the survey
What matters most?:
JobStreet.com – Youth Says Malaysian Youth Survey 2009
• 50% youths picked flexible
working hours as their preferred
benefits.
• 95% of youths feel that it is
the responsibilities of employers
to provide job training and
guidance to new employees.
Note: 3,000 youths in Malaysia responded to the survey
Companies : Realising the Importance of
Employer Branding
Retains Current Employees
93%
Increases Employee
Engagement or
Satisfaction
91%
Attracts Job Candidates
90%
Motivates Employees
in Their Work
79%
Leads to Improved
Business Results
71%
Other (e.g., Unique
Culture)
4%
Do NOT believe there
are significant benefits
(n =
228)
1%
0
%
20
%
40
60
80
%
%
%
Percent of Respondents that have experienced
improvement
Source: Hewitt’s Survey on “Emerging Trends in Employee Branding”
It’s the Employer’s positioning in the
talent market:
– It differentiates a company’s
employment offer from others
– It relates to and supports the
company brand promise
– It relates to and supports the
desired company culture
– It’s the relationship a company
create between the employees
and the organization
– The brand reflects and
communicates the employment
experience a company offers to
current and potential
employees…
100
%
Creative Employer Branding Campaigns
Key Discussion Area
• Private sector to work closely with Government:
– What else would pull or push top talents into or away from
Malaysia
• Keeping clusters of technical expertise is crucial for
Malaysia’s future advancements – Electronics, Aerospace,
Bio tech, ICT etc.
• Drive salary competitiveness to compete with HK,
Singapore & China
• Expediting development/productivity of new graduates
Agenda
Top reasons why Malaysian fresh graduates stay unemployed
Reasons why Fresh Grads are unemployed (Year 2009 survey)
55%
Asking for unrealistic salary/benefits
48%
Poor command of English language
38%
Choosy about their first job or company
35%
Poor character, attitude or personality
33%
Poor communication and other basic soft skills
Syllabus not meeting demands of industry
22%
Knowledge of skills not deep enough
17%
Ill-prepared for job interview
13%
Unable to demonstrate problem-solving ability
11%
Show little or no interest in the job applied
10%
No opening available for fresh graduates
7%
Poor general knowledge
Some jobs may require gender profiling
4%
2%
Poor command of Bahasa Malaysia
0%
Poor command of Mandarin language
0%
All Copyrights reserved
Singaporeans & Filipinos have better English than Malaysians
Average English Language Assessment Scores
32.0
30.5
29.8
30.0
29.3
28.0
26.0
24.0
22.3
22.0
20.0
Singapore
Philippines
Malaysia
Indonesia
Singaporeans & Filipinos have better English than Malaysians
32.0
JobStreet.com
English
Average English Language
Assessment Scores
Language Assessment was
launched in November
2009, and up to now, more
than 1.1 Million South East
Asians have taken the
assessment.
30.5
30.0
29.8
29.3
28.0
26.0
24.0
22.3
22.0
20.0
Singapore
Philippines
Malaysia
Indonesia
Malaysian Managers have same quality of English as their
Singaporean & Filipino peers, but not our fresh graduates
Managers – OK
Fresh Grads – BAD
33.0
31.8
32.0
31.8
31.6
31.0
30.0
28.8
29.0
28.4
28.0
27.5
27.0
26.0
25.0
Singapore
Malaysia
Fresh/Entry Level
Philippines
Managers
Malaysians graduate from local universities earn on average 15%20% less than Malaysians graduate from overseas universities after
working for 5-10 years
China Press (6th August 2010)
JobStreet.com CEO, Mark Chang pointed out that in the
survey, overseas graduates’ salaries 5 to 10 years after
graduation is higher than local graduates’ salaries by
15%-20%.
He added, after studying random sample of 30,000 to
50,000 people, it was found that overseas graduates
have higher increments compared to local graduates.
However, for Singapore, there is little difference between
the salaries of local and overseas graduates.
Thank You

JobStreet.com

Transcription

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