KUALA LUMPUR, Feb. 24 -- The Malaysian Employers Federation (MEF) has urged companies to offer more competitive salaries and benefits to curb the country's accelerating brain drain.
In an Utusan Malaysia report, MEF president Datuk Dr. Syed Hussain Syed Husman said that Malaysia's talent migration rate reached 5.5 per cent in 2024, significantly exceeding the global average of 3.3 per cent.
The exodus of skilled professionals has created challenges for employers seeking high-quality talent, especially in high-skilled industries.
"The main reason professionals leave is the pursuit of better opportunities abroad in terms of salary, job benefits, and work environment. Wage gaps, an unbalanced skills market, and less conducive workplace cult...