ID :
120462
Wed, 05/05/2010 - 21:52
Auther :
Shortlink :
https://oananews.org//node/120462
The shortlink copeid
RECESSION CREATES NEW BREED OF MALAYSIAN WORKFORCE
KUALA LUMPUR, May 5 (Bernama) -- Malaysia's economic recession has
forged a new generation of home-grown entrepreneurs, with many wanting to work
independently.
According to the latest survey by global workforce solutions leader Kelly
Services, one-in-six respondents had described themselves as "self-employed".
More than half of the rest, expressed a desire to work more
independently.
The findings were part of the Kelly Global Workforce Index, which obtained
the views of approximately 134,000 people, including almost 2,000 in Malaysia.
It said almost half the respondents wanted to start their own business,
with Gen Y (aged 18-29) more enthusiastic about starting commercial ventures
than Gen X (aged 30-47) and baby boomers (48-65).
The result showed that 17 per cent of the respondents currently
self-employed, comprised 23 per cent baby boomers, 18 per cent of Gen Y
and 13 per cent of Gen X.
The main factors cited for moving into self-employment were uncertainty
about income, risk of failure and lack of support, Kelly Services said in
statement.
Also, of the 47 per cent of respondents who planned to start a business, 50
per cent were Gen Y, 40 per cent Gen X and 31 per cent baby boomers.
"Many of those who lost their jobs as a result of the global economic crisis
are reinventing themselves as independent contractors, freelancers and
consultants," said Managing Director of Kelly Services Malaysia, Melissa Norman.
She said more people were now taking charge of their own careers and viewed
self-employment as a way of achieving personal and professional success.
The statement said the appeal of self-employment coincided with a trend
toward the outsourcing of non-core functions, which had seen many organisations
reduce their permanent workforce, creating new opportunities for these
independent contractors.
The industries with the greatest concentration of self-employed workers were
education, travel and leisure, business services and engineering.
It was also observed that there was a pattern of younger workers being more
enthusiastic than their older counterparts about embarking on a more flexible
and entrepreneurial work arrangement.
--BERNAMA
forged a new generation of home-grown entrepreneurs, with many wanting to work
independently.
According to the latest survey by global workforce solutions leader Kelly
Services, one-in-six respondents had described themselves as "self-employed".
More than half of the rest, expressed a desire to work more
independently.
The findings were part of the Kelly Global Workforce Index, which obtained
the views of approximately 134,000 people, including almost 2,000 in Malaysia.
It said almost half the respondents wanted to start their own business,
with Gen Y (aged 18-29) more enthusiastic about starting commercial ventures
than Gen X (aged 30-47) and baby boomers (48-65).
The result showed that 17 per cent of the respondents currently
self-employed, comprised 23 per cent baby boomers, 18 per cent of Gen Y
and 13 per cent of Gen X.
The main factors cited for moving into self-employment were uncertainty
about income, risk of failure and lack of support, Kelly Services said in
statement.
Also, of the 47 per cent of respondents who planned to start a business, 50
per cent were Gen Y, 40 per cent Gen X and 31 per cent baby boomers.
"Many of those who lost their jobs as a result of the global economic crisis
are reinventing themselves as independent contractors, freelancers and
consultants," said Managing Director of Kelly Services Malaysia, Melissa Norman.
She said more people were now taking charge of their own careers and viewed
self-employment as a way of achieving personal and professional success.
The statement said the appeal of self-employment coincided with a trend
toward the outsourcing of non-core functions, which had seen many organisations
reduce their permanent workforce, creating new opportunities for these
independent contractors.
The industries with the greatest concentration of self-employed workers were
education, travel and leisure, business services and engineering.
It was also observed that there was a pattern of younger workers being more
enthusiastic than their older counterparts about embarking on a more flexible
and entrepreneurial work arrangement.
--BERNAMA
