It has been a rough couple of years grappling with the pandemic, but Malaysia is set for positive growth in 2023.

The economy recorded a better than expected expansion of 5.6% in the first quarter of 2023. And on a seasonally adjusted basis, the economy has recovered to its pre-pandemic levels.

As for the job market, it has demonstrated remarkable resilience over the past months as hiring activity has inched up — with 2.6% annual growth and the hospitality sector leading the charge. These encouraging figures imply that the labour market is improving slowly but steadily. It is also likely that the demand for jobs will continue to increase in the upcoming months.

With things starting to look up, it’s essential for employers to understand the current state of the Malaysian recruitment market and where it’s headed, to futureproof your business.

The talent market is constantly in flux, and deeply affected by social, economic and cultural factors of the moment. As such, hiring and retaining the right talent is imperative in this uncertain economy.

How has your business managed recruitment and retention in 2023 so far? And what is your strategy for the next half of the year, and beyond? We’re here to give you the lowdown on everything you need to know, so you can better tweak your strategies for the future.

In this guide, we cover;

• What does the current landscape look like?
• Hiring challenges for employers so far
• Recruitment and retention strategies for the rest of 2023 (and beyond)

Download the guide now to find out more.