Malaysia has set big goals to improve how much work gets done to become a developed nation by 2020. Everything seems to be going well so far.
The latest Monster Employment Index (MEI) in Malaysia showed a 2% growth in December 2017 compared to the previous year. This means that some industries hire more people and seek talented individuals.
What is a high salary in Malaysia?
A ‘high salary’ idea may appeal because it provides direction for our objectives and shapes our perceptions of professional achievement. The intricacies of a high income in Malaysia or anywhere else create a rich tapestry woven from different elements.
The nature of work can significantly impact a person’s life. For example, the financial situation of someone working in the tech hub of Kuala Lumpur would be very different from that of a teacher in a far-flung village. The oil and gas and banking industries are renowned for their large pay packages. Meanwhile, some careers do not promise much financial gain like those in education or social work but could offer personal satisfaction.
Even more critical is having the exact job title within a particular field. From a low salary to a high bank account balance is a usual case with rising in an organisation. Occasionally, paying jobs are synonymous with CEOs and managers. On the other hand, it is not uncommon to find six-figure salaries among the blue-collar workforce, including but not limited to electricians and plumbers.
Another important thing is experience in the professional field. Skilled workers who have worked for years and have shown that they can do their job well can sometimes ask for what they deserve in terms of payment for their services. This applies to freelancers as well. For instance, the line between traditionally revered as high salary and some freelance professionals has become finer.
Key in the median wage, start at RM5,790 locally in Malaysia. Think of it as an indicator; if your pay is higher than the median, then you belong to the high-level workers in society.
Future job market trends in Malaysia
Acceleration of transformations in the Malaysian employment market is triggered by key factors affecting the work.” Therefore, different future trends that will shape job opportunities can be identified. Thus, it gives people looking for employment hope for better days.
The Eleventh Malaysia Plan (11MP) is at the heart of this transition, driving the country towards a high-income, digital economy. This forward-thinking strategy identifies key investment and job-creation industries, such as advanced manufacturing, aerospace, and tourism. The National Industry Digitization Policy (NIDP) has ushered in a new digital transformation era, creating the potential for cybersecurity, automation, and data analytics.
The digital tsunami, ushering the era of the digital economy, is rushing over Malaysia’s economy like a tremendous tidal. Digital platforms open new job opportunities for everyone, from major e-commerce companies to agile financial startups. The rapid expansion of roles in artificial intelligence, cloud computing, and digital marketing indicates a long-term trend that will change the nature of employment.
Here is a closer look at what’s driving hiring activity in these sectors
1) Manufacturing
Malaysia’s manufacturing sector is critical to the economy. With a new direction to produce high-value, diverse, and complex products, the sector grew 4.8% in 2017 thanks to a new wave of business and investment opportunities.
From electrical and electronic products to food and beverage, manufacturing in Malaysia offers opportunities for various backgrounds. Furthermore, with the introduction of automation and smart manufacturing technologies, it is an evolving and exciting sector to grow your career.
Related Jobs: Find jobs in Manufacturing
2) Mining and quarrying
The mining and quarrying sector has long played a significant role in Malaysia’s economy. With a 3.5% increase in productivity and abundant reserves of natural resources, such as limestone and granite, this will not change anytime soon.
The sector demands not only geologists and geoscientists but also needs qualified engineers. If you have the ability to work in multidisciplinary teams with scientists, analyse geographical data, and have excellent communication skills, It’s time to get your CV in now.
Related Jobs: Find jobs in Mining
3) Construction
If you are considering a career in the construction industry, you will find many roles and opportunities for career development. With employment rising 4.3% in the last quarter of 2017, the industry’s value grew by 5.8% in the same period, according to the Department of Statistics Malaysia.
As for the key roles, architects, civil engineers and project managers are in high demand. With several RM350 billion construction projects expected to kick off in Malaysia in the next two or three years, individuals with these skills will remain highly sought after.
Related Jobs: Find jobs in Construction
4) Agriculture
According to the Department of Statistics Malaysia, the agriculture sector recorded the strongest productivity growth, with 4.8% in the final quarter of 2017, adding 10.7% of value to the entire industry.
While food production remains a key source of jobs — we’re increasingly seeing the creation of new jobs thanks to evolving agricultural technologies in this field.
Related Jobs: Find jobs in Agriculture
5) Services sector
The service sector provides 3.6 million jobs to Malaysians, mainly high-income work in industries such as finance, e-commerce, ICT, healthcare R&D, and professional services.
Generating RM638.8 billion in 2017, the service sector is expected to grow 5.5% this year, further contributing to Malaysia’s economic expansion. Within this sector, we’re seeing a boom in hiring across fast-growing industries like tourism and telecommunications, so if that’s where your passion lies, now’s a good time to send your CV.
Related Jobs: Find jobs in the Service Sector
Salary Packages in Malaysia (MYR)
This table offers a general summary and may not include accurate data for all positions. The service sector is so diverse, that wage ranges can vary greatly depending on the specific field (for example, finance, IT, or retail).
| Sector | Junior | Mid-Level | Senior |
| Manufacturing | 2,500 – 4,000 | 5,000 – 8,000 | 8,000 – 15,000+ |
| Mining | 3,000 – 5,000 | 6,000 – 10,000 | 10,000 – 20,000+ |
| Construction | 2,200 – 3,500 | 4,000 – 7,000 | 7,000 – 12,000+ |
| Agriculture | 1,800 – 2,800 | 3,000 – 5,000 | 4,500 – 7,000+ |
| Service Sector | Wide Range (1,800 – 10,000+) | Wide Range (4,000 – 20,000+) | Wide Range (8,000 – 30,000+) |
Tips to Prepare for High-Paying Jobs in Malaysia
Here are some tips to prepare for high-paying jobs in Malaysia:
Education and Qualifications:
- Understand the Job Market: Research what industries are thriving and in demand in Malaysia. Technology, finance, healthcare, and manufacturing sectors are strong contenders [Search jobs in Malaysia].expand_more Identify the specific high-paying jobs within these fields and their required qualifications.
- Invest in Education: A good degree is an important foundation. Consider pursuing a bachelor’s degree in a relevant field. For some high-flying careers, a master’s degree can give you a significant edge.
Skills Development:
- Hard Skills and Soft Skills: Both are crucial.expand_more Hone your technical skills (hard skills) specific to your chosen field. Don’t neglect soft skills like communication, teamwork, problem-solving, and adaptability. Employers highly value these.
- Certifications: Earning relevant certifications can demonstrate your expertise and commitment to your field. Research certifications that are valued in your target industry.
Experience and Networking:
- Internships and Work Placements: Gain valuable practical experience and build your network through internships or work placements.expand_more This will enhance your resume and give you insights into the professional world.expand_more
- Networking: Building connections is key.expand_more Attend industry events, join professional associations, and connect with people on LinkedIn. A strong network can open doors to new opportunities.expand_more
Additional Tips:
- Stay Updated: The world of work is constantly evolving.expand_more Stay updated with the latest trends and developments in your chosen field by taking online courses, attending workshops, and reading industry publications.
- Be a Lifelong Learner: Show employers your eagerness to learn and grow. Develop a growth mindset and be open to new challenges and opportunities.
- Craft a Compelling Resume and Cover Letter: Effectively highlight your skills and experience in your resume and tailor your cover letter to each specific job application.
FAQ on 5 Rising Sectors in Malaysia
1. Which sectors are currently rising in Malaysia?
Malaysia’s rising sectors include the technology industry, e-commerce, healthcare, renewable energy, and tourism and hospitality.
2. What makes the technology industry a rising sector in Malaysia?
The technology industry is growing rapidly in Malaysia due to increased digitalization and technological advancements. Companies invest in digital infrastructure, software development, and innovation, creating job opportunities and driving economic growth.
3. Why is e-commerce considered a rising sector in Malaysia?
E-commerce is rising in Malaysia due to consumers’ growing adoption of online shopping. The convenience and accessibility of e-commerce platforms have fueled the sector’s growth, leading to increased demand for online retailers, logistics services, and digital marketing professionals.
4. How is the healthcare sector rising in Malaysia?
The healthcare sector in Malaysia is experiencing growth due to various factors, such as an ageing population, increased awareness of health and wellness, and government initiatives to enhance healthcare infrastructure. This growth has increased demand for healthcare professionals, medical services, and pharmaceutical products.
5. What contributes to the rising status of renewable energy in Malaysia?
Renewable energy is gaining prominence in Malaysia as the country strives to reduce reliance on fossil fuels and combat climate change. Government incentives and policies support the development of renewable energy sources such as solar, wind, and hydroelectric power. This sector offers investment opportunities, job creation, and sustainable energy solutions.
