Further decline in online hiring for Malaysia’s Banking, Financial Services and Insurance industry

Malaysia registers a 5% year-on-year decline in online hiring activity in November, according to the latest Monster Employment Index (MEI).

The Hospitality and BFSI industries recorded the steepest plunge in online hiring, down -17% and -12% year-on-year respectively

Finance & Accounts job roles were the least in demand at -10% year-on-year.

IT, Telecom/ISP and BPO/ITES and Oil & Gas industry records the steepest growth among industry sectors, up 28% and 16% year-on-year respectively

Customer Service professionals lead annual growth in online demand among occupation groups, up 6% year-on-year followed by Software, Hardware, Telecom professionals at 3%

Team foundit

The foundit team transforms hiring by connecting job seekers with the right opportunities. They specialise in talent acquisition, business growth, and customer success. They connect job seekers with the right job role and help organisations build high-performing teams. With innovative technology, they make recruitment faster, and more effective for both employers and job seekers.