In 2024, the HR landscape in Malaysia continues to be shaped by advancements in digital tools and platforms, aimed at enhancing efficiency, employee engagement, and data-driven decision-making.There should be no hesitation in investing as mastery of these tools will be key in building operational success.

With a market value of 150 million USD in 2023, Malaysia’s HR Technology market is expected to have a compound annual growth rate (CAGR) of 12% over the next five years due to digital transformation. With continuous innovations and increasing adoption rates, the future looks promising. However, as the use of HR Technology is already underway, there are still challenges to overcome. Employees will need to catch up to the technology that is being implemented by organizations. Reskilling & Upskilling is necessary as the technological skill gap is going to be a matter of when, not if. Leaders must also prepare to integrate modern equipment to their legacy systems to ensure smooth interoperations so the benefits of HR Tech are maximized to its full potential. Additionally, Employee Experience must be one of the focus of the enterprise as reinforcing this will be more than fruitful in talent retention through engaging and growth focused initiatives for the workforce.

With the imminence of new advancements, HR Leaders must strategize now. Take advantage by meeting with fellow thought leaders in rockbird media’s 3rd run of its tech-infused HR Strategy Meeting, where you can discuss, influence, and reshape the HR scene in Malaysia.