Determinants of employment mobility trend among Malaysian young talents

To achieve developed country status by the year 2020, Malaysia needs high skilled workers contribution. However, Malaysian faced problems where currently there are 700,000 Malaysians work and living abroad, and many of them are skilled professionals. The diversity and size of the community of Malaysian abroad represents valuable assets to be tapped to accelerate Malaysian towards a high-income economy. The current total number of high skilled jobs actually are insufficient achieve the vision. The government aims to achieve a target of 33% of the workforce being employed in the high skilled jobs bracket by 2015, and up to 50% by 2020 through greater involvement of the private sectors. Statistics shows that Malaysia has lack of professional workers due to some of them deciding to work abroad in a professional and trained field. The increasing globalisation has escalated the mobility of talent to the industrialised countries lured by better salaries, working condition and quality of life. Thus, Malaysian government has introduced Talent Corporation (TC) on 1st January 2011 to strengthen Malaysia's talent pool as required for economic transformation. This paper intends to identify determinant factors of employment mobility trends among Malaysian young talents. A random sample of 300 respondents from bachelor degree programs of public and private universities in Malaysia were asked. The findings of this research will help TC to address the issue of employment mobility trends among Malaysian young talents.