Monday, March 2, 2009

Malaysia bucks the banking trend

Malaysia bucked the trend by showing a continuing demand for banking professionals. Robert Walters related Global Salary Survey 2009, now in its 10th year, also released today, said that banking is still hiring in Malaysia and there is more demand for professionals in shared services and outsourced operations, especially in IT and finance.

The report noted that: “Strong demand remains for sales and business development professionals with specific product, technical or industry knowledge in IT, fast moving consumer goods (FMCG) and the oil and gas sectors.”

Robert Walters related Global Salary Survey 2009, also released today, stated that: “Another notable trend that has emerged from the economic downturn is the increased demand for contractors, particularly within the banking and IT sectors, where many permanent roles are now offered on a contract basis as employers, unable to increase permanent headcount, look to flexible solutions to fulfill resourcing needs,” the report said.

“Demand for IT contractors increased as organisations utilised flexible headcount on projects whilst waiting for permanent headcount approval. Permanent hires are, however, still being made for business critical projects,” the Global Salary Survey stated.

In IT commerce, as outsourcing becomes more prevalent, employers are looking for mid to senior level IT candidates with experience in vendor, contract and relationship management. IT services and outsourcing providers are expanding, driven by an increasing volume of government contracts.


Source:

http://mis-asia.com/news/articles/jump-in-asia-pacific-demand-for-it-contractors

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