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128694
Sun, 06/20/2010 - 06:08
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MALAYSIANS EXPECT USUAL PAY HIKES DESPITE FINANCIAL CRUNCH





KUALA LUMPUR, June 18 (Bernama) -- About 47 per cent of Malaysian employees
expect a pay increase of between 5 and 10 per cent this year despite the
financial crunch, the 2010 World of Work Report (WoWR) said.

The annual survey conducted by Randstad, the world's second largest
recruitment and human resources service organisation, said high employee
expectations for pay packages and financial rewards were the challenges faced by
employers.

It said in a statement Friday that 92 per cent of Malaysians and 83 per cent
of Singaporeans expected bonuses this year while about 70 per cent of those
surveyed in Malaysia feared they would lose staff to other markets as job
prospects overseas improved.

General Manager and Director of Agensi Pekerjaan Randstad Sdn Bhd, Sahun
Nadarajah said: "Branding is a powerful tool for shaping the workforce of every
organisation.

"If the actual experience of being at work matches up with the company's
values and projected employer brand, employees will be more motivated, more
productive and more loyal," he added.

The survey also revealed that 29 per cent of Malaysian employees were
motivated by a strong understanding of how their role contributed to achieving
goals.

The survey, conducted in February, polled more than 3,000 human resource
professionals, business managers and chief executive officers across the Asia
Pacific Region.
-- BERNAMA


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