Poor Salary - Employees Leaving

Malaysia's Companies risk losing talent as poor salary remains a strong motivator behind employees' career decisions. 91% of employees claimed a higher salary motivates them to switch employers this year.

For the remaining nine per cent of the respondents, they cited the following reasons:

• Bad workplace culture (50%)
• Poor work-life balance (27%)
• Overwhelming workload (12%)
• Career change (11%)

Latest report pointed out that employees are now expecting higher salaries and fair bonuses because of inflation and higher cost of living. For 54% of the respondents, they don't think they're being paid enough for their contributions, skills, and experience.

Despite their expectations, however, only 49% of the respondents said they received only up to five per cent of salary increase.

Another 39% said they have been told that their salaries will not be adjusted this year, while 31% said they will not be receiving any annual bonus for their contributions the previous year.
Switching jobs lead to higher pay

Their case wildly differs the situation for 30% of respondents who switched employers in the last 12 months, who said they received higher pay. Nearly half of them (49%) said they received over 20% salary increase after switching jobs. For others, they received:16% to 20% increase (12%), 11% to 15% increase (12%), 6% to 10% increase (11%) and less than five per cent (16%)