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Malaysian recruitment less affected by banking downturn: Robert Walters

AvantiKumar | Sept. 4, 2012
Recruitment consultant Robert Walters Q2 2012 Asia Job Index indicates increased demand for procurement, retail and compliance professionals in the Asia Pacific region.

Sally Raj, Country Manager for Robert Walters Malaysia modified

PHOTO -  Sally Raj, country manager of Robert Walters Malaysia.

 

Professional recruitment consultant Robert Walters second quarter 2012 Asia Job Index indicates that Malaysian recruitment seems to be less affected by the banking downturn, and there seems to be an increased demand for procurement, retail and compliance professionals in the wider Asia Pacific region.

"The second quarter is a busier period for recruiting than the first quarter of the year, given the holiday period, and this is reflected in the advertising statistics," said Robert Walters Malaysia country manager, Sally Raj, adding that the number of jobs advertised in the IT, advertising and marketing sector rose by 16.3 percent, which was in line with a quieter first quarter that was affected by the Chinese New Year holidays.

"Malaysia has been less affected by the banking downturn and demand for roles in commercial, sales and other sectors outside of finance remained strong," said Raj. "We are likely to see advertising for jobs increase slightly in quarter three, but it's fair to say that advertising in recruitment is less used in Malaysia than in other territories."

However, she added that professionals were keen to change jobs after the New Year and this was especially apparent in the IT industry, which saw a 24.2 percent rise in advertisements. "There was increasing demand for high quality professionals in operations and logistics, due to tightening supply chains with many companies moving these operations in-house to control costs."

Raj said that job advertisements for professionals in the retail sector rose by 17.5 percent, driven by the need for revenue-generating staff to boost sales. "This was accompanied by a jump in demand for roles in advertising and marketing where job advertisements rose by 32.6 percent, indicating a possible return of market confidence."

Advertisements for HR roles fell by 3.4 percent in quarter two, due to companies choosing to go directly to recruiters to fill these positions rather than advertising for them, she said.

The Robert Walters Asia Job Index tracks advertisement volumes for professional positions across the leading job boards and national newspapers in Singapore, Hong Kong, Malaysia, China, South Korea and Japan.

Regional perspective

The study showed that levels of job advertisements continued to increase across the region, increasing 11.8 percent from quarter one to quarter two, while there was year-on-year regional growth of 7.5 percent in the number of job advertisements.

In Singapore, the number of roles advertised within operations and logistics increased by 21.3 percent. This is likely due to more major international corporations deciding to build hubs in the city-state, according to a statement from Robert Walters.

Advertisement levels for accountancy and finance professionals were up in Singapore, Hong Kong, China and South Korea, which reflected the ongoing demand for higher standards of regulatory reporting in the region, continued the statement. "Job advertisements in Japan leapt by 43 percent, reflecting the demand to fill roles left vacant by internationals that have moved away following the tsunami."

The retail and property management sectors remained buoyant, particularly in China, as consumer purchasing power grows across the region. Professionals with experience in these areas were highly sought after. There was an increase of 25.4 percent for editors and reporters, particularly for roles within social media in China.

 

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