LABOUR COST IN MALAYSIA 2016 Final Report - National Labour Cost Survey 2016 (F | Page 78

4.1.2.5 Malaysian Employees: Recruitment Cost 37% of all employers profiled spent on recruitment in 2015, with an average expenditure of RM18,600 per employer (for both full-time and part-time employees). Recruitment cost includes expenditure on job advertisements, fees to recruitment agencies, career fairs, etc. ICT, manufacturing and financial sectors were the top 3 highest spenders on recruitment in 2015. The employers in these sectors incurred an average annual cost of RM30,000 – RM46,000 per employer for their recruitment activities. Figure 4-32: Average annual cost of recruitment per employer (RM) for Malaysian employees (full-time and part-time) by industry Large companies spent 3.4 times more on recruitment compared to the national average, while SMEs spent about RM3,000 – RM11,000 per employer in 2015. National Labour Cost Survey 2016: Final Report 75