Over 3 Million
Transcription
Over 3 Million
} Connecting Businesses With talent { Job Demand and Supply presented by Christine Chong Solutions Manager of JobStreet.com Malaysia July 2016 SINGAPORE • MALAYSIA • PHILIPPINES • INDONESIA • VIETNAM Copyright © by JobStreet.com SEEK ASIA Confidential Copyright © by JobStreet.com JobStreet.com Malaysia Over 3 Million Over 80k Total registration Employers Over 7 Million Over 2.4 Million Over 64 Million Visits Total unique visitors Total page views 26 Over 11min Page views Time spent Per unique visitor Per unique visitor 3 Source : JobStreet.com statistics as of June 2016 Copyright © by JobStreet.com Job Market Update 2016 4 Copyright © by JobStreet.com An average of 20,000 jobs monthly Last updated: 13 July 2016 5 Copyright © by JobStreet.com Q2 2016 Job Market Outlook Survey 54% 46% 46% of the employers said that their businesses have been taking a hit in the past few months 6 Source: JobStreet.com Q2 Job Market Outlook Survey Copyright © by JobStreet.com Q2 2016 Job Market Outlook Survey The contributing factors Weak Ringgit 32% Inflation 16% Low oil prices 11% Economy 9% Political Issues 8% 0% 5% 10% 15% 20% 25% 30% 35% 7 Source: JobStreet.com Q2 Job Market Outlook Survey Copyright © by JobStreet.com JobStreet.com Employee Confidence Index vs Malaysia Unemployment Rate 60.0 4 3.5 3 40.0 2.5 30.0 2 1.5 20.0 1 10.0 0.5 0.0 Unemployment Rate (%) JobStreet.com Employee Confidence Index (%) 50.0 0 Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May July 2015 - June 2016 (JECI) July 2014 - June 2015 (JECI) July 2015 - June 2016 (Unemployment) July 2014 - June 2015 (Unemployment) Jun • Candidate’s confidence in finding a job has also seen a drop of 17% this year versus last year • This negative sentiment also correlates to the Malaysian unemployment rate as well which increased by 14% Source : Unemployment rate : Department of statistics Malaysia, JobStreet.com 8 Employment Confidence Index (JECI) : JobStreet.com statistics Copyright © by JobStreet.com JobStreet.com Job Posting Trend July 2015 – June 2016 vs July 2014 – June 2015 2015 2016 Jul Aug Sep Oct Nov Dec July 2015 - June 2016 Jan Feb Mar Apr May Jun July 2014 - June 2015 • Trend of job posting usually picks up after Chinese New Year and bonus payout • There is a downward trend (decrease of 5%) for the number of job posted versus the same period last year 9 Source : JobStreet.com statistics Copyright © by JobStreet.com Top 10 Industries by number of Job Posting • Manufacturing industry still leads and remains strong, despite a marginal decrease of 7% compared to last year. • Banking & Financial Services has declined by 21% compared to same period last year. Jul-15 Aug-15 Sep-15 Oct-15 Nov-15 Dec-15 Jan-16 Feb-16 Mar-16 1. Manufacturing / Production 2. Banking / Financial Services 3. Construction / Building / Engineering 4. Retail / Merchandise 5. Computer / Information Technology (Software) 6. Electrical & Electronics 7. Property / Real Estate 8. Telecommunication 9. Healthcare / Medical 10. Education Apr-16 May-16 Jun-16 10 Source : JobStreet.com statistics Copyright © by JobStreet.com Top 10 Specialization for Job Posting Arts, Media & Comm 3% Building & Construction 2% Hospitality & F&B Accounting & 2% Finance 19% Manufacturing 7% Services 8% Computer & IT 9% Sales & Marketing 18% Admin & HR 11% Engineering 12% 11 Source : JobStreet.com statistics Copyright © by JobStreet.com Top Specialization by number of Job Posting (group performance) -10% -1% -10% -12% -1% similar -4% -4% Accounting & Finance Sales & Marketing Engineering Admin & HR Computer & IT July 2015 - June 2016 Services Manufacturing Arts, Media & Comm -10% Building & Construction July 2014 - June 2015 • There is a decrease in demand for all the top specialization • A double digit drop for Engineering, Admin& HR and Accounting & Finance specialization 12 Copyright © by JobStreet.com Top 20 Sub Specialization (Detailed) Job Ranking Average Application per Job Finance - General/Cost Accounting Marketing/Business Development IT/Computer - Software Banking/Financial Services Human Resources Sales - Corporate Sales - Retail/General IT/Computer - Network/System/Database Admin Customer Service Engineering - Civil/Construction/Structural Manufacturing/Production Operations Purchasing/Inventory/Material & Warehouse Management Engineering - Mechanical/Automotive Engineering - Electrical Logistics/Supply Chain Finance - Audit/Taxation Sales - Engineering/Technical/IT Engineering - Electronics/Communication Quality Control/Assurance Arts/Creative/Graphics Design • Although IT/Computer-Software in the Top 5 Job Ranking, however it has the least average candidate applications. 13 Source : JobStreet.com statistics Copyright © by JobStreet.com Candidate Fact Sheet 16 Copyright © by JobStreet.com Top 10 Specialization of Registered Candidates 9% Accounting / Finance 8% Admin / HR 8% Engineering 8% Sales / Marketing 6% Services 6% Manufacturing Over 3 Million Total registration 5% Computer / IT 4% Building / Construction 3% Education / Training 2% Hotel / Restaurant 0% Education 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Years of Experience 16% 77% 7% 17 Copyright © by JobStreet.com Fresh Graduate 18 Copyright © by JobStreet.com Number of fresh graduate jobs against top specialization 9% Accounting & Finance 12% Sales & Marketing 8% Engineering 16% Admin & HR 8% Computer & IT 15% Services 8% Manufacturing Arts, Media & Comm Building & Construction 10% 11% No of Jobs No of Fresh Graduate Jobs • Overall job demand dropped due to the current economy situation • Specializations that has high demand for fresh graduates • Admin & HR : 16% • Services : 15% • Sales & Marketing : 12% 20 Source : JobStreet.com statistics Copyright © by JobStreet.com Top Fresh Graduate Jobs Growth by Specialization 14% -9% -6% -6% -13% -6% -11% -10% Accounting & Finance Sales & Marketing Engineering Admin & HR Computer & IT July 2015 - June 2016 Services Manufacturing Arts, Media & Comm 3% Building & Construction July 2014 - June 2015 • Overall demand for fresh graduates dropped except for Sales & Marketing and Building & construction graduates 21 Source : JobStreet.com statistics Copyright © by JobStreet.com Average Applications per Job Ad for Fresh Graduate 250 250 Total Job Application Ratio 200 200 150 150 100 100 50 50 0 0 1 2 3 4 5 6 7 8 9 10 11 12 Accounting & Finance Admin & HR Arts, Media & Comm Building & Construction Computer & IT Total Job Application Ratio • The average application ratio per job ad is 158 • Building & construction received the lowest application at an average of 41 per job ad • Only Admin & HR received application above average (164) 25 Source : JobStreet.com statistics Copyright © by JobStreet.com 400 160% 350 140% 300 120% 250 100% 200 80% 150 60% 100 40% 50 20% 0 0% • Healtcare Doctor/Diagnosis sees some growth however the average applications remained the lowest. • Specialization that is align with growth and average applications: • Aviation/Aircraft Maintennace • Actuarial Science/Statistics • Social & Counselling Service Job Performance (Growth by %) Average Applications Average Applications per Job Ad for Fresh Graduate vs Job Growth 26 Source : JobStreet.com statistics Copyright © by JobStreet.com Top 20 specialization with lowest application rate Rank Specialization Rank 1 Healthcare - Doctor/Diagnosis 11 Law/Legal Services 12 2 Sales - Retail/General Personal Care/Beauty/Fitness Service 3 Specialization Finance - Audit/Taxation 13 Marketing/Business Development 14 4 Publishing/Printing Sales - Engineering/Technical/IT 5 IT/Computer – Software 15 Technical & Helpdesk Support 6 Architecture/Interior Design 16 Merchandising 7 8 9 10 Sales - Telesales/Telemarketing Sales – Corporate Arts/Creative/Graphics Design Quantity Surveying 17 18 19 20 Advertising/Media Planning Finance - Corporate Finance/Investment/Merchant Banking Healthcare - Pharmacy Corporate Strategy/Top Management 27 Source : JobStreet.com statistics Copyright © by JobStreet.com Top 20 Companies Offering Fresh Grad Jobs 28 Source : JobStreet.com statistics Copyright © by JobStreet.com Top 10 Field of Study (Highest %) Total Candidates by Field of Study 86% 84% 82% 80% 78% 76% 74% 72% 70% 68% 66% Candidate Field of Study % Who Worked in Their Field of Study 20,000 18,000 16,000 14,000 12,000 10,000 8,000 6,000 4,000 2,000 0 Percentage Who Worked To Their Field of Study • Malaysian graduates (2014-2016) that work in similar specialization with their field of study • Field of study that has highest % to similar work specialization (>75%) • Quantity Survey • Nursing • Engineering (Mechanical) 29 Source : JobStreet.com statistics Copyright © by JobStreet.com 4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000 500 0 35% 30% 25% 20% 15% 10% 5% 0% Candidate Field of Study % Who Worked in Their Field of Study Total Candidates by Field of Study Top 10 Field of Study (Lowest %) Percentage Who Worked To Their Field of Study • Malaysian graduates (2014-2016) that work in a diffferent specialization from their field of study • Field of study that has lowest % to similar work specialization (<30%) • Political Science • Humanities/Liberal Art • Science & Technology 30 Copyright © by JobStreet.com Fresh Graduate Average Salary by Job Specialization Specialization Average Salary Computer / IT MYR 2,795 Building / Construction MYR 2,616 Engineering MYR 2,501 Sales / Marketing MYR 2,458 Arts / Media / Communications MYR 2,297 Accounting / Finance MYR 2,230 Healthcare MYR 2,219 Services MYR 2,197 Sciences MYR 2,162 Education MYR 2,101 Manufacturing/Production Operations MYR 2,008 Admin / HR MYR 1,888 Hotel / Restaurant MYR 1,820 31 Source : JobStreet.com statistics Copyright © by JobStreet.com Internship 32 Copyright © by JobStreet.com Top 20 Internship Jobs by Specialization Chart Title Jul14-Jun15 Jobs Jul15-Jun16 Jobs 120 Total Jobs 250 100 200 80 150 60 100 40 50 20 0 0 • Overall Internship jobs has increase by 26% • Specializations that has high demand for internship • Human Resources : 14% • IT/Computer-Software : 9% • Marketing and Business Development : 9% 33 Source : JobStreet.com statistics Copyright © by JobStreet.com Top 20 Companies Offering Internship Jobs 34 Source : JobStreet.com statistics Copyright © by JobStreet.com Employer Perception on Fresh Graduate 35 Source : JobStreet.com Employer perception of Fresh Graduate survey Copyright © by JobStreet.com Employer Perception on Fresh Graduate 36 Source : JobStreet.com Employer perception of Fresh Graduate survey Copyright © by JobStreet.com Thank you 37