Expert warns of brain drain over wage gap in ICT industry

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Pikom's Woon Thai Hai says some disparity is expected, but the gap should not be widening. pikom woonthaihai

PETALING JAYA: An expert today raised concerns over the wages of entry-level graduates in the ICT or information and communications technology industry, warning of a possible brain drain to countries with higher salaries if the matter is not addressed.

He warned that if entry-level graduates are not adequately compensated, this could result in a brain drain to countries such as Singapore and Australia. He suggested that companies provide increments for workers once they are no longer at the entry level, in terms of money, training and support. Nonetheless, 2019 is set to be an encouraging year for the ICT industry, according to Pikom’s annual report.

During his presentation, Woon, who is also the organising chair of the research and publication committee, said salaries in the ICT industry grew at its slowest pace this decade. He also attributed the drop in growth of both salaries and job openings last year to the recalibration of the economy following the change of government, which he said had made employers more cautious.

 

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

 /  🏆 5. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

NFCorp's new buyer an expert in the industry, says ministerAgriculture and Agro-based Industry Minister Salahuddin Ayub says he has been given assurance that the company is ready to make full repayment of its outstanding loan. Setiap penerima geran atau pinjaman daripada Teraju diperiksa kes demi kes. Yang pasti, tidak ada sebuah entiti pun dpt hingga beratus juta drpd Teraju. Dlm kes nfcorp yg pinjam rm250 juta ini, apa tindakan seumpamanya yg diarahkan oleh yb guanenglim? chedetofficial AzminAli
Source: fmtoday - 🏆 5. / 72 Read more »

US beer industry blames Trump tariffs for 40,000 job lossesNEW YORK: The US beer industry is blaming a jobs hangover on the Trump administration’s tariffs.
Source: staronline - 🏆 4. / 75 Read more »

Mavcom fine with complaints if they help shape industry | The Malaysian InsightChairman accepts the 'noise' that certain quarters have made about the regulator's role as healthy and vital for improvement.
Source: msianinsight - 🏆 8. / 63 Read more »

Ancient Yunnan embraces facial recognition, social media to boost tourism industry
Source: staronline - 🏆 4. / 75 Read more »