Malaysian businesses have been advised to evaluate their compensation packages to continue attracting and retaining their most critical talent.
“But slower than in Indonesia at 7.4%. With annual inflation at 2.4%, Malaysians experienced an average growth of 2.7% in real wages in 2019, up from 2.1% the previous year,” it said in a statement. Engineering jobs earned on average 14% more, while those working in cybersecurity and information technology earned 12% more.
The median pay for software engineers and app developers also increased by 17% from the previous years across all levels.
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