JobsDB has just released a 67 pages Compensation and Benefit Survey Report 2009. Opinion Research Corporation is the research consultant for this survey.
This survey is conducted to collate information on the pay trend of both full-time salaried employees working in different business sectors in Malaysia. Information on different types of benefits was also collected to complement the analysis.
The survey covered 107 companies from 36 business sectors. Only full-time salaried employees working in Malaysia were surveyed. Expatriates, part-time and temporary employees were excluded. Among the 107 companies surveyed, 58% of the companies employ less than 50 staff; 14% employed between 50-100 staff; 15% employed between 101-200 staff; 8% employed 201-500 staff and 5% employed more than 500 staff. The information gathered is recent to December 2008.
The salary range of various job functions in 2008 and 2009, and their increment in 2009, are detailed out in the report.
Here are some of the findings in the report:
- In 2009, 38.9% of the employees’ salaries are expected to be freeze. 54.8% of them will have an increase between 0.6% and 7%, whereas 6.3% will have an increase of more than 7.0%.
- The overall average amount of performance bonus for senior management in 2008 was 1.4 months (of the basic monthly salaries), for middle management was 1.0 months, for executives is 0.8 months, and for non-executive is 0.6 months.
- By 2009, 76% of the employees in the surveyed companies are expected to enjoy a five-day working week. Among the surveyed, 67% have already implemented a five-day working week policy in or before 2008. For those not implementing in 2008, 9% expect to implement next year.
You might probably also be interested to read on:
- Result of Robert Walters Global Salary Survey 2008
- Result of ZDNet Asia IT Salary Benchmark Survey 2008
- Malaysia Salary Guide 2008/09 from Kelly Services
- Malaysia Employment Outlook & Salary Guide 2009/2010 from Kelly Services