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Money’s not enough: Malaysia's Gen-Y

AvantiKumar | Jan. 26, 2012
Social media, device and work flexibility is becoming more important than just a high salary to Malaysia's next generation of workers: Cisco study

Commenting on flexible working, public relations executive, Jay Ong, 22, said, "[This is] extremely important. I think we have passed the age where you physically need to be at an office do your job all the time. You get to save time on your commute, as well as work in an environment that is more comfortable, which is an advantage to many people. You also save money on tolls, parking and gas."

Key findings include:

#1: Use of social media should be monitored, not banned

  • All respondents believed that social media should not be restricted or banned in the workplace due to its existing pervasiveness in the society, and the fact that it is now an important and near instant communications tool.
  • The respondents nevertheless acknowledged that productivity issues associated with social media are likely attributed to the employee's inability to manage their own time, and as such, policy is necessary in ensuring the appropriate use of social media in the workplace.
  • The flexibility to work remotely and on-the-go is important for Gen-Ys in Malaysia, having lived in a time and environment where the Internet plays a huge role in many aspects of business.
  • However, one of the respondents indicated a challenge where it is impossible to work from anywhere if the information and documents are only accessible in the office.

#2: Remote working is the way to go

#3: Malaysian Gen-Ys and higher pay

  • Unless social media and constant connectivity is critical to their line of work, higher pay is something that they are willing to forgo.

"Companies need to start preparing towards a borderless work environment in order to serve this generation of workers, enabled with the right network that connects people, information and devices anywhere at any time, securely and seamlessly," Cisco's Wahab said. "Collaboration tools such as Cisco Unified Communications and Cisco WebEx are also important to complement the ecosystem, resulting in faster decision making, improved communications, broader dissemination of information, and efficient use of business resources."

 

 

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