Wednesday, March 7, 2012

Malaysia Average Turnover Rate for Executive - GEC Business Review

by Kelvin Wong

According to Malaysian Employers Federation (MEF), Malaysian companies are seeing an attrition rate of between 9.6% and a phenomenal 75%, based on its survey conducted on executive positions between June 2010 and July 2011, a total of 143 companies across the various sectors nationwide.

The survey shows that industries with the highest annual average turnover rate in the non-manufacturing sector, that are IT / Communication (75.72%), Associations / Societies (33%), and Hotel / Restaurant (32.4%).

In contrast, the manufacturing sector saw relatively lower annual average turnover rates, with the highest being the Basic and Fabricated Metallic Products (23.88%), Electrical and Electronics (23.04%), and Plastic / Rubber (19.92%).

According to Kelly Services’ study conducted for Singapore and Malaysia, found that the trend is predominantly seen in Gen Y, and revealed that it is not always just about the money.

“For the Gen Y-ers, they have to find meaning in their work. They must have a work-life balance, and they are not willing to go all out if it affects their me-time', a spokesman for Kelly Services commented.

“Don't get me wrong though, it's a very healthy attitude. Otherwise they will get burnout easily,” the spokesman added.

In fact, there are many multinational companies (MNCs), government-linked companies (GLCs) and conglomerates are sitting up and taking note – as they are now recognizing employees as talents, and along with that, talent management and retention.
 
 

3 comments:

oakleyses said...

mont blanc, insanity workout, ugg boots, valentino shoes, ugg boots, beats by dre, moncler, baseball bats, rolex watches, ugg pas cher, new balance shoes, chi flat iron, instyler, canada goose, marc jacobs, soccer jerseys, ugg australia, soccer shoes, herve leger, canada goose outlet, celine handbags, air max, uggs outlet, ghd, canada goose, ugg, hollister clothing store, moncler outlet, mcm handbags, lululemon outlet, moncler, ferragamo shoes, canada goose, timberland boots, north face outlet, bottega veneta, birkin bag, north face jackets, iphone 6 cases, jimmy choo outlet, asics running shoes, giuseppe zanotti, wedding dresses, moncler, nfl jerseys, canada goose uk, reebok outlet, babyliss pro, p90x, canada goose jackets

chenlina said...

chenlina20160319
coach factorty outlet online
oakkey sunglasses
oakley sunglasses
ugg boots
michael kors outlet online
jordan 3 retro
louis vuitton outlet online
timberland outlet
louis vuitton purses
michael kors uk
concord 11
lebron 11
adidas running shoes
louis vuitton outlet
air jordan 4
ray ban sunglasses
supra shoes
ugg outlet online
kobe 8
tory burch boots
louis vuitton outlet stores
kobe shoes
canada gooses outlet
tiffany and co
jordans for sale
mont blanc
kate spade outlet
tory burch shoes
cartier watches
ugg boots
canada goose jackets
ed hardy outlet
polo ralph lauren
abercrombie & fitch
toms outlet
lebron james basketball shoes
rolex watches
nike roshe run women
michael kors outlet
louis vuitton outlet
as

琐事 said...

nike huarache trainers
ed hardy outlet
pandora charms
michael kors handbags sale
tiffany and co outlet
lebron shoes
longchamp le pliage
skechers outlet
lebron james shoes
abercrombie and fitch

Related Posts Plugin for WordPress, Blogger...