Malaysia
PwC Insights
Business in bite-sized chunks
July 2022
"Customers aside, employees are one of the largest stakeholder groups for businesses. It’s important to understand how their priorities are shifting so you can be ready to have the right conversations with them. Our annual Workforce Hopes and Fears Survey tells us that pay is a top factor in their decision to switch employers, but job fulfilment is a close second. With ESG emerging as a prominent issue that unites both employers and employees, leaders who can integrate what matters to their employees with the organisation's purpose have a better chance of winning the talent war."
Highlight
Amid economic uncertainty and the rippling effects of COVID-19, 59% of Malaysian respondents say they are satisfied with their current employment, though 17% will likely seek new employment in the next 12 months. They're also feeling more empowered to ask for what they feel they're worth, with 32% saying they’re likely to ask their employers for a raise, and 28% likely to ask for a promotion. Read more
Feature
With Bank Negara Malaysia planning to licence new Digital Insurers and Takaful Operators (DITOs) in 2023, consider how these 5 steps will help players succeed. Read more
Trust
Tax contributions and disclosures intersect with climate, economic and social strategies by governments and businesses to support sustainable development. Read more
Consumer
Consumers' patience appears to be wearing thin as supply chain disruptions and inflation impact their expectations of quality, choice and service. To meet the appetite for a seamless shopping experience, more than 80% of respondents said they shopped across at least three channels over the last six months. Read more
Digital
We're only at the tip of the iceberg when it comes to understanding and harnessing the full potential of technologies like augmented reality and the metaverse. Explore the five predictions for the technologies that will change our lives in under 8 years. Read more
Leadership
The "frozen middle" is melting as companies are entrusting greater decision-making responsibility to frontline managers. Managers that view this transitional period as an opportunity rather than a hassle will be the ones that thrive. Read more
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