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Saturday, 20 May 2023

Starting salaries are higher now

 

Having what it takes: Among the criteria that recruiters look at before hiring were if prospective employees were willing to take up the challenges and go the extra mile to execute and deliver their work. — CHAN BOON KAI/The Star

 

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GEORGE TOWN: Starting salaries for fresh graduates entering the job market has risen by about 30% compared with before the pandemic due to lifestyle and high cost of living, say recruiters and human resource practitioners.

In Penang’s hotel and tourism industries, starting salaries for fresh graduates now are at RM2,500 onwards while in the manufacturing sector, the starting salary for engineers can be RM4,000 and as much as RM5,000.

Malaysia Association of Hotels (MAH) Penang chairman Tony Goh said the higher salary is due to the supply and demand in the tourism industry and taking into account the current higher cost of living.

“For us now, salaries are definitely higher compared with before the pandemic. We don’t expect them (new graduates) to work with a basic salary of RM1,300 to RM1,500 like before.

 “The second thing is, people must be able to sustain the lifestyle they need while working with us, hence the need for higher basic salaries,” he said.

He said the minimum wage rule imposed by the government last year contributed to the generally higher salaries for all other positions now.

He said new graduates who are eligible and qualified would be paid a basic salary of around RM2,500, excluding allowances.

Since May 1 last year, employers with five or more workers were required by the Minimum Wages Order 2022 to increase the minimum wage to RM1,500.

Goh said among the careers sought by new graduates in the hotel and tourism industries are receptionists, executives, sales coordinators and administration executives.

In an exclusive report yesterday, The Star revealed that industry research showed that fresh graduates’ salaries ranged from about RM2,600 to almost RM2,900 in the Klang Valley and Johor Baru, while it was about RM2,400 in Melaka.Leaders of business NGOs interviewed opined that fresh graduates should manage their starting salary expectations, on top of reviewing their life goals.

But a check in Penang’s manufacturing sector showed that graduates with Science, Technology, Engineering and Mathematics (STEM) capabilities might enjoy a much better starting point.

Factories can pay fresh graduates as much as RM5,000 if they are involved in the design and development of integrated circuits, said Malaysia Semiconductor Industry Association’s Datuk Seri Wong Siew Hai.

“Generally, any STEM graduate working in Penang’s factories can expect a starting pay of about RM3,500,” he said.

He urged parents to help their children develop a passion for STEM to give them a good starting point after getting their first degree.

Pentamaster Corporation Berhad group executive chairman Chuah Choon Bin said the median salary for STEM graduates in Penang now is about RM4,000, and this is due to the surge in foreign direct investments (FDIs) in Penang last year.

“Because of the high FDI, there is a lot of competition for manpower, so multinational companies increase the offered pay to attract skilled workers and fresh graduates,” he said.

Chuah, however, said this year, the hiring wave is down a bit due to the slowing global consumer market, the trade war and the war between Russia and Ukraine.

He said some companies have started slashing down their workforce by implementing voluntary separation schemes and shortening operating hours to cut costs.

Chuah said he expects the slowdown to continue until the end of the year, depending on the outcome of the Russia-Ukraine war and how intense the trade war between the United States and China would be.

Human resource specialist Azimah Aziz said that normally starting salaries are based on job scope and the candidate’s experience.

“For example, for the starting salary of a research assistant in aquaculture, the basic pay starts from RM2,900 for a fresh graduate,” she said.

She said among the criteria that recruiters look at before hiring were if prospective employees were willing to take up the challenges and go the extra mile to execute and deliver their work. 

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Fresh grads want too much

thestar.com.my/news/nation/20

... if you have a Master’s degree, it sets you apart from others and your employability may be higher for a managerial position in the industry, compared with someone who does not possess such a qualification...


 
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Friday, 19 May 2023

Overwhelmed with everything around you? There's no shame in seeking help

 A good warning sign to seek help is when one feels too overwhelmed with negative emotions and hopelessness as well as helplessness.

Depression: How a growth mindset and good social support can...


Depression takes a hefty physical, emotional and mental toll on its patients. — 123rf.com

 

"I AM so depressed; the store does not have my dress size."

"So depressing, I missed the first part of the show.”

We often hear statements where the term "depression" is used loosely, almost callously. Many assume it is synonymous with feeling sad.

But sadness is an emotion everyone experiences after a stressful life event, which is followed by the ability to get on with their lives. Depression, on the other hand, is a common mood disorder. People suffering from depression often experience persistent sadness and loss of interest which impair their daily functional ability.

In a depressed person, certain chemicals in the brain called neurotransmitters become imbalanced. These neurotransmitters are responsible for stabilising our mood, helping us focus and get proper sleep, among others.


Globally, 3.8% of the population suffer from depression, according to a 2023 estimation by the World Health Organisation (WHO).

Invisible pain


Y, a middle-aged businessman, had lost everything in a bad business deal. Gradually, his wealthy friends vanished from his life.

His mood was low most of the time, he isolated himself, lost his appetite as well as weight, and hardly slept. He lost confidence and was not motivated to get back on his feet.

It was only when he started expressing death wishes that his family brought him to seek treatment. With medication, psychotherapy (talk therapy) and good family support, he bounced back, started a new business and succeeded.

A person suffering from depression has low mood most of the days, for at least two weeks. This may be accompanied by feeling tired all the time, loss of interest in the activities they used to enjoy, loss of appetite and weight (some may overeat and gain weight).

In addition, one may suffer poor quality or excessive sleep, isolate themselves from their loved ones, lose interest in sexual activities, suffer from low self-confidence and feel unworthy.

Other common symptoms are loss of hope, loss of focus and concentration, memory impairment as well as having body aches and pains.

Worst-case scenario


The fatal consequence of depression is suicide. If a depressed person expresses suicidal ideation or intent, do not ignore this plea for help.

Do not wait till your loved one expresses death wishes to seek medical treatment. It might be too late. Depression is a treatable condition and suicide can be prevented if early action is taken. Being depressed is not a sign of weakness. There is nothing to be ashamed about being depressed.

Depression can occur as a result of any overwhelming life events, for example, after delivery of a baby or post retirement. Many who are diagnosed with chronic medical illness suffer from depression as well.

The risk of developing depression is higher if one has a family history of depression, poor coping skills, or poor family or social support. Depression is also common among the elderly, especially those who live alone.

As depression can make one forgetful, families often think they are suffering from dementia. Young children can suffer from depression too.

Dr Gayathri says adherence to treatment protocol is imperative for recovery. — IHH Healthcare 

Dr Gayathri says adherence to treatment protocol is imperative for recovery. — IHH Healthcare

Tailored plan


A psychiatrist or psychologist will assess the symptoms and tailor a management plan depending on the severity of the symptoms; mild, moderate or severe.

This management plan is holistic and will incorporate emotional, physical, cognitive, social as well as spiritual aspect of the patient’s life. One can lead a normal life if one adheres to the treatment protocol.

Sometimes talk therapy and having the person do the homework and exercises planned with the psychiatrist or psychologist is enough to manage depression. A psychiatrist may also suggest adding antidepressants, depending on the severity of the depression.

Contrary to popular belief, antidepressants are not addictive. One may not necessarily need long-term antidepressant treatment, except in more complex situations.

A glitch in the management of depression is that many become non-adherent the moment they start feeling better.

There is a duration that one must adhere to in order to complete the course of treatment as the neurotransmitter levels may not have stabilised, even though one has started to feel better.

Some patients look up their symptoms online and come up with self-diagnosis. This is not advisable.

If you are looking for information on depression, or any health condition for that matter, check out only credible websites or you may end up being misinformed.

To help look out for your loved ones suffering from depression, do not downplay their symptoms nor tell them to snap out of it.

Support them. Make sure they get help as soon as possible. The earlier the treatment, the better the outcome.

Stigma towards mental illness is terribly outdated yet many are still clinging to this notion. There is no need to suffer in silence. Seek professional help. Do not risk your health and happiness at the expense of other people’s perception of you.

By Dr Gayathri K. Kumarasuriar is a consultant psychiatrist at a private hospital in Melaka.

Those suffering from mental health issues or contemplating suicide can reach out to the Mental Health Psychosocial Support Service (03-2935 9935 or 014-322 3392); Talian Kasih (15999 or 019-261 5999 on WhatsApp); Jakim’s Family, Social and Community care centre (011-1959 8214 on WhatsApp); and Befrienders Kuala Lumpur (03-7627 2929, go to www.befrienders.org.my/centre-in- malaysia for a full list of numbers and operating hours, or email sam@befrienders.org.my).

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Thursday, 18 May 2023

Money in housing, cautious optimism in industry

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PETALING JAYA: The property market is expected to remain cautiously optimistic in 2023, with the gradual increase in the Overnight Policy Rate (OPR) since last year likely to affect market activity, particularly on residential demand, says the Valuation and Property Services Department.

The outlook of the workforce in the construction sector and the increase in the price of building materials will also affect supply.

Department director-general Abdul Razak Yusak said internal and external factors, such as economic and financial developments both globally and in the country, would also have an impact on the real estate sector and the sentiment of industry players.

“Looking at the national economy which is projected to grow by 4% to 5% in 2023, supported by continued resilient domestic growth prospects, the property market is expected to remain cautiously optimistic in 2023,” he said.The first quarter of this year alone saw over 89,000 transactions worth RM42.31bil, which was higher than those recorded in pre-pandemic years, he said.

“The seasonal factor in house purchases, which is usually low at the beginning of the year, the increase in OPR and the decline in Consumer Sentiment Index (CSI) are among the factors that contributed to a decline in residential market activity in particular,” he said.

New residential launches, said Abdul Razak, were also indicating a cautious sentiment among developers, with the number recorded at nearly 4,700 units, which was less than those in previous years, while sales performance was moderate at 25.7%.

The decrease in new launches was in line with the decrease in the number of developers’ licences and advertising and sales permits of new housing sales and renewals approved by the Local Government Development Ministry from 5,641 in January and February last year to 2,911 during the same period this year, he added.

Johor recorded the highest number of new launches at 2,077 units or about 45% of the nationwide total with a sales performance of 24.9% while Selangor had the second highest at 791 units or 17% share with a sales performance of 37%.

Abdul Razak said in line with the cautious sentiment among developers, construction activity had slowed down in the first quarter of 2023.

“This is seen as a positive development to balance the unsold supply in the market,” he said, adding that the residential and serviced apartment overhang status continued to be positive.

“The number of overhang units has decreased to 26,872 units worth RM18.31bil in the first quarter of 2023 as a result of market absorption in all states, except Selangor. The volume and value of residential overhang decreased by 3.2% and 0.5% respectively compared with the fourth quarter of 2022,” he said.

Selangor recorded the highest number and value of overhang units, with 4,995 units worth RM4.47bil, followed by Johor at 4,759 units worth RM3.94bil, Kuala Lumpur with 3,423 units worth RM3.13bil, and Penang with 3,138 units worth RM2.48bil.

The purpose-built office (private) and shopping complex segment in Kuala Lumpur and Selangor, said Abdul Razak, should be given attention as there was a surplus of space, which was also expected to be severely affected by the inflow of new supply this year.This is as Kuala Lumpur recorded the highest available private purpose-built office space at 2.53 million square metres involving 290 buildings, followed by Selangor with 1.40 million square metres involving 192 buildings.

For the shopping complex segment, Selangor recorded the highest available retail space nationwide at 0.79 million square metres with 146 buildings followed by Kuala Lumpur at 0.56 million square metres with 97 buildings.

“Developers need to be more thorough and cautious before planning any new development and local authorities need to evaluate in detail before approving each new project,” said Abdul Razak.

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Wednesday, 17 May 2023

China's rising clout in the spotlight


TOKYO: The weekend gathering of finance chiefs from the Group of Seven (G7) advanced economies leaves signs that the world’s second-largest economy will loom large at this week’s summit in Hiroshima.

Efforts to grapple with China’s growing global presence were evident at the three-day G7 finance chiefs’ gathering in Niigata, Japan, during which they held their first outreach in 14 years, aimed at winning over emerging nations.

The meeting with Brazil, the Comoros, India, Indonesia, Singapore and South Korea primarily tackled issues such as debt and high-level infrastructure investment, in a tacit counter to China’s Belt and Road initiative, according to analysts.

“What’s going on at the G7 is reflecting changes in global order following the loss of the US dominance,” said Masamichi Adachi, economist at UBS Securities.

“No one is being able to draw up a grand design with shifting of power.”

G7 host Japan persuaded its G7 counterparts to launch a new programme by the end of 2023 to diversify supply chains for strategically important goods away from China.

The G7 comprises the United States, Britain, France, Japan, Italy, Germany and Canada. But the finance chiefs’ closing communique did not mention a US-proposed idea for narrow restrictions on investment to China, a potential rift among the grouping on how far they should go in pressuring Beijing.

A Japanese finance ministry official at the gathering, who declined to be named because of he sensitivity of the matter, said the idea was discussed in Niigata, but declined to elaborate.

China is among the biggest markets for most G7 countries, particularly for export-reliant economies such as Japan and Germany.

China-bound exports account for 22% of Japan’s overall shipments. Japan and the United States want to try to win over countries, including those in the Global South, with promises of foreign direct investment and aid, analysts said. — Reuters

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China's rising clout spotlighted at finance chief meetings ...

 

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Through her embarrassing political performance, Truss has shown many British people that being tough against China and provoking China not only did not help solve internal problems in the UK, but also further increased the difficulty of solving them.

 

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Tuesday, 16 May 2023

Heinous under-aged sex crimes on the rise

 a mother accused of facilitating the abuse of her own child for money.Read more here:https://ab.co/3SVFd0R

New facility: Comm Hussein cuts a ribbon at the launch of a new hall at the Seri Kembangan police station.

 Cases involve minors, says Selangor top cop

SERDANG: A rise in sexual cases involving those who are underage is a cause for concern and could possibly be due to a lack of knowledge of the law among the people, says the state’s top cop.

Selangor police chief Comm Datuk Hussein Omar Khan said the last four months of the year saw around 155 such cases including statutory rape, with most of the victims being female students.

ALSO READ: ‘Mother from hell’ charged with sexual crimes against sons

 

While no direct statistics were shared, he noted that the number was higher than the corresponding period last year.

Of the reported cases, 33 suspects were still students themselves, he added.

He revealed this while speaking to the media after launching the Seri Kembangan police station hall here yesterday.

ALSO READ: Former teacher begins eight-year jail sentence for sexually assaulting girl

Asked about the reasons for the high statistics, Comm Hussein said a lack of knowledge regarding statutory rape laws could be a contributing factor.

“In some cases of ‘suka sama suka’ (consensual relations), it was possible that the suspects did not know that statutory rape is a big offence. The poor understanding of the country’s laws could contribute to cases such as these.

“If the victim is below 18, it is an offence regardless of consent,” he said, adding that reports were generally lodged by the victim’s parents, guardians or teachers once they find out.

ALSO READ: Singaporean brothers nabbed in Melaka over sexual abuse of boys in two religious schools

Comm Hussein said some cases involved people who had only known each other for days and the youngest victim identified was only 13 years old.

“We also believe that this increase in sexual cases is due to social media and the easy access to pornography online,” he said.


He warned that the unsupervised use of social media applications could lead to unwanted incidents such as these.

ALSO READ: Time to tackle rape head-on

“What I am worried about are these students that are below 18 who are then sentenced to prison for years and years. 

“The victim, too, even if it was consensual, their future could be affected due to mental and physical health issues,” he said.

While more public engagements at schools can be conducted, Comm Hussein said efforts must also come from the parents themselves to ensure their children remain safe.

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