Commenting on The Economic Outlook 2021 released by the Ministry of Finance, Ben Thompson, Chief Executive Officer and co-founder of people management platform Employment Hero, said the findings called for Malaysian SMEs to remain resilient and prioritise agility by improving their technological capabilities.
“SMEs will need to constantly adapt and equip their workforce and operations with the tools and avenues to remain competitive if they are to emerge stronger beyond the pandemic. In our 2021 Employment and Recruitment Trends for Malaysian SMEs report, we found that employees are up to the challenge, with the majority (82%) saying they feel ready to face upcoming changes in 2021.”
“However, SME employers cannot take this for granted and must prepare for anticipated challenges in the coming year. For example, a significant proportion of the workforce will still be working remotely and to maximize the utility of this virtual model, SMEs must ensure they have the right digital solutions in place that can facilitate not only productivity, but engagement and communication amidst employees. The Employment Hero platform, for example, is reframing traditional workplaces by enabling integrated and effective management of recruitment, HR and employee activities from anywhere around the world. The ensuing connectivity and inclusiveness between employer and employee is critical to fuel resilience and positively impact overall business performance in the year ahead,” said Thompson.
