Nearly half of all companies are hiring, but don't expect a big salary bump

  • 📰 CNBC
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Median pay for full-time workers is now $52,672, up 1.3 percent from last year.

If you're considering a new job,"there's no time like the present," said Daniel Zhao, senior economist at job-hunting website Glassdoor.

February's base pay was up only 1.3 percent from last year and wage growth in January was revised down to 2 percent from 2.3 percent, Glassdoor found. High-end job positions, such as data scientists, are seeing some of the greatest wage declines, Glassdoor found, mostly due to more people entering the field.

Across all skills levels, about one-third of workers are looking to change jobs in 2019, down from 40 percent last year, according to CareerBuilder's annual study on the state of the labor market. Altogether, 40 percent of employers said they plan to hire full-time, permanent employees in 2019, down slightly from 44 percent last year, CareerBuilder found.

Although job seekers say factors such as location, affordable benefits, job stability, a good boss and work culture are more important than salary when considering a position, changing jobs is still a good way to give your income a boost, particularly in the face of stagnant wages.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Modern day slavery: 'heres just enough money to make it back here to work tomorrow. '

This whole 'hot job market' narrative is disingenuous. Skills gap? Nope.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines