The Malaysian Reserve

A third of fresh grads quit their jobs within 1st year

graphic by Anis Shamsul/TMR

By DASHVEENJIT KAUR 

Almost a third of young Malaysian expect quick professional development and the chance to earn higher salaries within the first year, or they often move on even if it takes them up to three months to land a job.

According to a survey by Monster.com, 36% of young talents leave their first jobs within a year, with 74% attributing this move to a lack of professional development and 43% saying they pursued a higher paying opportunity.

Although 58% agreed that their first job was instrumental in paving the way for their future careers, 24% said they struggled with a lack of mentorship while 22% faced challenges with their bosses.

Some 21% respondents said they should have been better compensated in their jobs, while 20% admitted they were probably “not fully prepared for work life”.

The survey results come, despite 80% of employers polled felt they provided sufficient support to help fresh graduates succeed.

For the study, Monster.com surveyed 2,368 job seekers and employers from Singapore, Malaysia and the Philippines.

The amount covered some 700 fresh graduates and employers in Malaysia with the aim to uncover insights, challenges and expectations around the recruitment process for young local talents.

The survey discovered numerous mismatches between talent and employer expectations when it comes to the graduate job seeker experience.

Monster.com MD of Asia Pacific and the Middle East, Sanjay Modi, said the mismatch in expectations of employers and fresh graduates is “worrying”.

“This should obviously be a concern for employers looking to attract, hire and retain young talent in the long term.

“However, there is also a realisation that young talents perhaps expect too much too soon,” he said.

He further added, while salary will always be an important factor, employers need to work harder to manage expectations around promotions within the first 12 months.

“This is a time where young talents need to prove themselves, work hard and hit their targets as per their job description,” he said, adding fresh graduates should not expect to be handed promotions and additional responsibilities before achieving these goals.

According to the poll, 67% of employers said they spend less than three minutes reading a curriculum vitae/resume, with 50% scanning it for one to three minutes and 17% only glancing at it for less than 60 seconds.

When considering a resume, employers are most interested in any relevant experience the applicant may have (68% of respondents) followed by the candidate’s education and qualifications (58%).

The resume must be well-written and easy to read (45%), have proper spelling and grammar (11%), and have links to the candidate’s portfolio of work (8%) and any volunteer experience the applicant might have (5%).

The survey showed that young talent can help themselves progress faster through completing relevant internships prior to their first job search.

While 91% Malaysian employers said internship is important, only 42% of local employers currently offer an internship programme.