SMEs and The Importance of Succession Planning
Succession planning is a critical but often overlooked aspect of strategic management, particularly in small and medium-sized enterprises (SMEs). Unlike larger corporations that may have extensive human resources capabilities, budget & infrastructure,…
Top 5 HR Metrics for SME in Malaysia
For SMEs in Malaysia, having a productive and engaged workforce is crucial for business growth. While SMEs typically have fewer resources to allocate to HR, monitoring key HR metrics can provide valuable insights into employee retention, engagement,…
What is “Man-Day” and why is it important?
The term "man-day" is commonly used in project management. It represents the amount of work one person can complete in a single eight-hour day. It is essential for estimating labor requirements which aids in planning, budgeting, and resource…
What is my Cost-of-Hiring?
In various discussions with business owners and associates, employee retention seems to be a common topic which is a very critical factor for maximizing profitability especially for SMEs. In today’s ultra-competitive job market, retaining…
The Paradox of Malaysia’s Job Market: Choosy Yet Complaining
MALAYSIA’S job market is facing a curious situation. While many job seekers complain about a lack of employment opportunities, employers report difficulty filling positions because candidates are increasingly selective. This paradox highlights…
Staff retention has become a critical issue in Malaysia
Staff retention has become a critical issue in Malaysia, where businesses are facing a challenging people resources market, particularly, where experienced and skilled professionals are in high demand but difficult to retain.
A key factor…
The State of Recruitment Growing Costs and Concern
Malaysia | Against the backdrop of ongoing economic challenges and changing employer-employee dynamics, hiring managers in Malaysia are navigating new complexities in their quest for talent, a report from Employment Hero, the world’s leading…
Wage Hikes in Budget 2025
On 18th October 2024, the presented Malaysian 2025 Budget introduces a significant increase in the national minimum wage, raising from RM1,500 to RM1,700 per month, effective 1st February 2025. This brings joy to those affected whilst it does…