Mercer’s annual Total Remuneration Survey (TRS) projects a 5.0% salary growth across all industries in Malaysia for 2025. Around 24% of organizations plan to expand their workforce, indicating a high demand for talent.
Malaysia to See 5% Salary Growth in 2025
The survey of over 680 companies reveals a competitive labor market with an 11.8% median voluntary turnover rate, prompting enhanced compensation and retention strategies. High-demand roles in Cloud Computing, Cybersecurity Architecture, and Electrical Engineering are seeing salary premiums.
The Malaysian government plans to raise the minimum wage to MYR 1,700 by February 2025 to address cost-of-living pressures.
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