PETALING JAYA: Despite expectations of a global economic slowdown in 2023, a survey shows that almost half of the electrical and electronics (E&E) companies in Malaysia remain focused on recruitment to cope with talent shortages and high turnover rates.
Malaysia Semiconductor Industry Association (MSIA) president Datuk Seri Wong Siew Hai pointed out that the talent shortage meant that the majority of respondents in the survey are still struggling to attract new talent (specifically engineers) while more than half of the companies expect to suffer from high employee turnover rates of above 10%.
“This indicates strong continuous demand for high value and highly skilled talent (in the E&E industry),” said Wong at the launch of the inaugural MSIA 2022 E&E Survey yesterday at Malaysian Investment Development Authority.
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