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More Malaysians worried about job stability

Malaysian employees have voiced concerns about financial and job stability amid a softening economy laden with worldwide business restructuring, increasing operating costs, and high interest rates, according to talent agency Randstad Malaysia.
More Malaysians worried about job stability ảnh 1A market in Kuala Lumpur, Malaysia (Photo: AFP/VNA)
Kuala Lumpur (VNA) - Malaysianemployees have voiced concerns about financial and job stability amid asoftening economy laden with worldwide business restructuring, increasingoperating costs, and high interest rates, according to talent agency Randstad Malaysia.

Ranstaad said on April 12 that 60% ofthe respondents in its survey are concerned over losing their jobs in Malaysia.

Though 80% of the respondents areworried about how the economic uncertainty would impact their livelihood, and 86%retain strong confidence in their employers to provide them with security.

With more news of businessrestructuring and lay-offs around the world announced, concern about joband income stability also mounts in Malaysia, said Randstad Malaysia countrydirector Fahad Naeem.

In the survey, 65% of the respondentssaid that they will not accept a new job offer if it does not give a significantpay increment.

Insteadof holding off their career decisions until the economy is stable, the surveyrevealed that people are actively looking for jobs to sustain their ability topay for essential services and pursue their desired lifestyle./.
VNA
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