Making HR Better
Finding Value with Human Resources Consulting
Malaysia is a country blessed with hard-working employees and associations, both governmental and educational, who back the growth of the human resources department. Despite the growing emphasis on developing solid relationships with the employees, does your company feel like something is missing? Human resources often times forgets that it is dealing with humans, which is where consultation comes in. Together, an outsourced consultancy can work with your HR department and create a more productive work environment.
A Look At Statistics
An alarming statistic was released a while back about a disconnect occurring between HR department and employees in 2014. The rift was revisited in 2016 to see if the issues have been clarified, but it appears HR in Malaysia and other Southeast Asian countries continues to miss the mark. The study was conducted by Mercer Marsh Benefits (properly titled 2016 Benefits Under the Lens Survey) and took responses from 654 organizations from 12 countries including Malaysia, Singapore, and Hong Kong.
Malaysian organisations stated that 63% of the employers reported the offered benefits supporting business goals. However, only 13% claimed employees appreciated those benefits. Second, 91% of Malaysian employers planned their benefits without a defined strategy. Also, that same 91% admitted to using only market benchmark data in designing company benefit programmes.
Lastly, Malaysian data showed that 52% of employers only communicate about benefits to their employees sometimes only once a year. Others never spoke about benefits. These numbers should be startling. It proves that companies have yet to pick up the most important factor – communication. Employees value having discussions about their life in and out of work, so if the company overlooks that, the staff will feel completely undervalued.
