Tuesday, February 23, 2016

Malaysia leads with most women in management roles



Malaysia tops the charts among Asian economies surveyed in having the highest percentage of women in management roles.
Malaysia leads with 37 percent of the management roles in the country held by women, recruitment firm Hays Asia found from 3,000 firms surveyed in Malaysia, China, Hong Kong, Singapore and Japan.
China is second with 32 percent of women in management roles, followed by Hong Kong (27 percent), Singapore (27 percent) and Japan (19 percent).
The findings were released today, together with the 2016 Hays Asia Salary Guide.
It comes after research by Allianz found that women in the 30-34 age bracket in Malaysia earn more than their male counterparts.
Business activity expected to increase
Hays Asia said 60 percent of the employers expect business activity to increase this year. Over the next year, 43 percent of employers expect to hire more permanent staff while 46 percent will maintain current staffing levels.
Also, 60 percent of the employers have used flexible staffing, such as temporary staff or contractors in the past year and 19 percent plan to increase their use of temporary staffing this year.
It said despite top performance in gender balance, Malaysia’s workforce is less culturally diverse, compared with the other countries surveyed.
Only 15 percent of the roles are held by foreign employees, compared with 28 percent across the Causeway, it said.
However, it is still higher than Japan, where nine percent of the employees are foreigners and in China, where eight percent are foreign nationals.
According to the survey, about 53 percent of employees go on the job hunt for better salary, with good pay and benefits being the top factor for staff loyalty.
About a third cite work-life balance as a reason for staying with a company while 34 percent stay in a job because of career progression. -Mkini

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