Wednesday, December 11

M’sian firms still hiring despite confidence dip – Regus index

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KUALA LUMPUR: Malaysian businesses are still looking to employ more workers even
though their views on economic growth are not as positive as they were a year ago, according to the Regus Business Confidence Index.

In a statement yesterday, Regus said the intention to hire more manpower can be viewed as a strategy for companies to seek competitive advantage now and growth over the next few months.

It said in Malaysia, 21 per cent of companies have pushed back their expectations of recovery to the second half of 2012.

However, it said, 70 per cent of Malaysian companies plan to increase the number of staff over the next two years despite a decline by 37 points to 117 from April this year in the Regus Business Confidence Index.

It added that 57 per cent of Malaysian companies plan to hire more freelance workers while 43 per cent plan to employ more remote workers in 2011/2012, signalling a move towards more flexible working practices.

Regus is the world’s largest provider of flexible workplaces. — Bernama