PwC's Asia Pacific Workforce Hopes and Fears Survey 2023 (Malaysia findings)
June 20, 2023
The current business landscape demands transformation. But, it raises some probing questions to business leaders: What if your most talented people are more “reinvention ready” than what your company culture currently allows? What if your workforce says they are more inclined to resign now compared to last year - a time when the widely believed ‘great resignation’ was considered to have past its peak?
Drawing upon nearly 19,500 employees across Asia Pacific, including Malaysia, PwC’s Asia Pacific Workforce Hopes and Fears Survey investigates employee’s entiments on business viability, what new skills employees are eager to learn, their thoughts on emerging technologies, climate action and work environment.
The survey emphasises the need for business leaders to better understand the wants of their workforce, learn what’s holding them back and work together with their people to make their organisation more reinvention ready. It’s time to listen, understand and collaborate to create a culture that embraces change.
Key findings
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51% of workers in Malaysia say their company will not be economically viable in ten years if it continues on its current course—compared with 39% across Asia Pacific. |
28% of respondents in Malaysia say they are likely to change jobs in the next 12 months, up from 17% in 2022, despite recessionary concerns. |
14% of employees in Malaysia struggle to pay bills each month, while 47% say they cover expenses with little or nothing left over. |
59% of employees in Malaysia say their role requires specialist training, up from 48% last year. |
50% say AI will help increase productivity or efficiency at work over the next five years, while only 23% expect AI to replace their roles. |
Explore the survey insights
PwC's Asia Pacific Workforce Hopes and Fears Survey 2023 (Malaysia findings)
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