Tuesday, April 15, 2008

Have you got your pay rise?



Federation of Malaysian Manufacturers (FMM) did a survey on Salary, Benefits and Employment Conditions Survey 2007 for manufacturing sectors. Some stats are available as below:

1

Average an increase of 0.3% in increments for manufacturing sector.


2

64.8% of the respondents would be getting an average of 5.92% increments.

3

88% of manufacturing companies surveyed, gave increments averaging:



a. 5.62% to executives and 5.52% to non-executives in 2007




b. 6.08% to executives and 5.92% to non-executives in 2006


4

Higher recruitment last year:







a. 117 companies recruited 1,454 executives and





b. 137 companies hired 15,685 non-executives.



5

Top three industry sub-sectors in recruitment were:





a. electrical and electronic,







b. plastics, and








c. medical precision and optical instruments



6

Skills shortages were highest in:







a. mechanical skill,








b. quality control and








c. machinist







Pay Rise...... :-)

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