The and talent labour problem,it also will affect
The skilled labour shortages have become one of a worldwide problem, Malaysia is no exception.The lack of skilled workers includes people with skills, education and knowledge.Based on skills and talent shortages, this will be one of the biggest challengesthat facing by employers in Malaysia. According to the 2017 Hays Asia Salary Guide, it was show that the 97% of employers in Malaysia are still trying to find technical talent and high skilled labour in the areas they need in the different flets. Beside, the skill labor shortage problem not only instead of improve and it continued ascension. This not only make the firms in Malaysia will be very worried about this problem. At the same time, this seriously shortage of the skilled and talent labour problem,it also will affect the business development in Malaysia.This is because, when the Malaysia faces a shortage of talent and skills, it must rely on foreign workers to meet the needs of its highly skilled workforce. According to this human capital problem, Malaysia most of the work of unskilled laour is being replaced by foreign workers. This will directly affect the unemploment rate of the country will be increasing. Furthermore, even Malaysia have a very strong infrastructure and it can comparable to developed countries.But most of investors are looking for cheaper manufacturing costs. So, Malaysia need to start at this level, to more focusing on industries that require highly skilled workers and technological innovation. This will not only can help to increase productivity and it also can compete at different levels.However, this is not enough to attract foreign investors come to investment, although Malaysia has it strong infrastructure and facilities. This is because, the lack of human capital in the country’s problems, compared with some cheaper neighbours, resulting in Malaysia is no longer competitive in production cost. So, it will be directly affect the foreign direct invesment.In other hands, investors are choosing to invest in Malaysia , it can help Malaysia’s prospects are much more better and increase the economic growing. Malaysia remains an attractive for foreign investors, this is because of its have a very strong infrastructure. However, the shortage of skilled workers problem cannot be solved, although Malaysia with infrastructure or more resources can make manufacturing at low cost production of products, but will eventually be investors give up choice.This will not only greatly affect the development prospects of Malaysia, but also directly affect production capacity and economic prosperity.