KUALA LUMPUR, May 28 ― The average salary growth rate in the information and communications technology is expected to moderate further to 3.8 per cent in 2019 in line with the lukewarm expansion of the industry in the last few years, said the National ICT Association of Malaysia .
“The slowdown in salary growth reflects the tepid expansion of the ICT industry, whose share of Gross Domestic Product increased by only 0.1 percentage point to 18.3 per cent in 2017,” he said in a statement in conjunction with the launch of ICT Job Market Outlook In Malaysia 2019. He commented that the declining growth trends of both salaries and job openings are likely a response to the recalibration of the economy following last year’s change of government, resulting in employers taking on a more cautious and wait-and-see attitude.