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 won’t be economically viable in ten years’ time if it continues on its current course—comparable to 39% across Asia Pacific. |
28% of Malaysia respondents say they are likely to change jobs in the next 12 months (up from 17% in 2022), despite recessionary worries. |
14% of employees in Malaysia struggle to pay bills every month, and 47% say they cover their expenses with little or nothing left over. Two in five respondents say they have an extra job, in addition to their principal one. |
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59% of Malaysia employees say that their job requires specialist training, up from 48% last year. |
50% of Malaysia respondents expressed “AI will help me increase my productivity/efficiency at work” when asked what impact they expected AI to have on their career in the next five years. Conversely, only 23% expect AI to replace their roles. |
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