KUALA LUMPUR: Malaysia's digital talent salary growth is projected to stabilise at 7.19 per cent this year and 7.12 per cent in 2025, said the National Tech Association of Malaysia (PIKOM).
Its chairman, Ong Chin Seong said digital talents in Malaysia are seeing higher salaries as demand surges for skills in artificial intelligence (AI), data science, cloud computing, and cybersecurity, driven by the rapid digital adoption across the nation.
"The double-digit salary growth of 13.90 per cent recorded in 2023 was a one-off adjustment following salary stagnation during the pandemic years.
"We are pleased to see this healthy adjustment to above seven per cent, which reflects a robust digital economy," he said at a press conference, in conjunction with the PIKOM Digital Job Market and Economic Outlook 2024/2025, here today.
Ong added that sustainable salary increments are critical to addressing the ongoing brain drain of digital talents to economies offering significantly higher remuneration.
Meanwhile, PIKOM's advisor and research committee chair Woon Tai Hai said the nation's digital economy continues to make a significant impact, serving as a cornerstone for Malaysia's long-term growth and competitiveness.
"With strong government support, increasing private sector collaboration, and a growing pool of skilled digital professionals, Malaysia is well on its way to becoming a regional digital leader.
"The opportunities are immense, and if we remain focused on nurturing talent, fostering innovation, and bridging salary gaps, we, as a nation, can continue to unlock the full potential of our digital economy and solidify our position on the global stage," he added.