top 10 most paying jobs in Malaysia that you should know about in 2022
Malaysia – In 1998, Malaysia like other Asian countries had reported worst performance due to Asian Financial Crisis. 2020 was a similar year due to Covid-19 pandemic. But 2021 was a better year, though recovery was far from break even. Despite Malaysia’s economy shrinking by 4.5%, things were looking better. Now with 2022 bringing better gains and prospects, the job market is also picking up.
Here we bring a list of top 10 highest paying jobs in Malaysia for year 2022 that you should know about.
C suite roles
CEOs, CFOs and COOs are unsurprisingly the highest paying job profiles. In Malaysia, the salary for these jobs, ranges from RM 300,000 to RM 620,000 per year. The sectors include Banking & Financial Services, Business Services, Digital & Technology, Engineering & Manufacturing, and Healthcare & Pharmaceutical.
Head of Shared Services Centre
In APAC, Malaysia is a hub for shared services – an essential business partner allowing companies to manage their operational costs through outsourcing of finance, technology, HR and marketing. The salary for this profile is on average RM 540,000 per year.
Ensuring that company has essential items and services for its smooth operations, the job of a procurement director can earn salary of between RM 300,000 to RM 504,000 a year.
Medical Director is an experienced doctor or surgeon who serves in a leadership role in a medical facility . The average salary of this profile per year is RM 480,000.
Head of Corporate Banking
Boasting of a strong financial sector, Malaysia compensates this profile with average salary of RM450,000 per year.
Managing Director – Operations
Country’s engineering and manufacturing is witnessing a big boom and is expected to increase hiring. Managing director of operations can expect an average annual salary of RM 450,000.
Head of Sales
Head of Sales profile is a big part in Engineering & Manufacturing as well as Healthcare & Pharmaceutical sectors. The remuneration can be expected to be RM 450,000 to RM 500,000 a year.
Their annual salary is around RM 324,000 to RM 420,000 a year, in sectors including Business Services, Digital & Technology, Fast Moving Consumer Goods (FMCG), and Healthcare & Pharmaceutical.
Senior Insurance Manager
Insurance in sectors like life, health, mortgage and credit is a big part of revenue source for banks. This profile receives compensation of about RM 390,000 per year.
Engineering and manufacturing sector in Malaysia is growing and rewarding. Engineering Director in Manufacturing can receive between RM 336,000 to RM 360,000 a year.
What part of this list left you fascinated and surprised. Comment in the section below and join the conversation.