The Malaysian economy saw the highest unemployment rate in three decades when it skyrocketed to 5.3 per cent in 2020; close to 700,000 Malaysians lost their jobs due to the pandemic.
Many businesses were not prepared for this unexpected loss of cash flow as they temporarily shut their doors due to the Movement Control Orders implemented to curb the virus. SMEs across the nation were struggling to secure steady revenue to maintain their staff.
SMEs employ just under 70 per cent of the nation’s employment and represent 98.5 per cent of all business establishments in Malaysia.
Now, this backbone of the economy is experiencing major challenges to continue employing the majority of the Malaysian workforce. Inevitably, SMEs had to downsize with retrenchments, shift staffs’ work scopes and limit the number of customers they could serve.
The problem is that finding and retaining good staff was already a challenge before the pandemic. SMEs found it difficult to hire staff. Once hired, the SME owners would need to ensure sufficient training provided, and ultimately productivity and retention had to be kept up.
Coupled with the backdrop of the pandemic, the survival of SMEs and ultimately the employment of most Malaysians have been put under even more pressure.
Although businesses in Malaysia have been allowed to operate at a certain level of capacity, dine-ins are open to fully vaccinated individuals as of October 2021; SME owners have voiced out their challenges of having to maintain the new operating SOPs while having to manage cash flow to pay for their full-time staff after having months of minimal income.
As the restaurants and retail stores prepare for their operations, the biggest requirement is that their staff be fully vaccinated. The human resources challenges continue.
Also Read: How a few up and coming virtual kitchens revitalise the pandemic-hit F&B industry in Malaysia
The pandemic spurred the growth of gig work platforms
New employment norms have come about over the months of lockdown that are proving to be a real solution for employment in the long run.
The innovation from gig work platforms has empowered SMEs to hire staff on-demand without necessarily incurring the full-time costs, ultimately providing a recovery-friendly solution that doesn’t impose long term contracts and instead allows businesses to scale up operations through bite-sized working shifts gradually.
Businesses can easily post a request for their staffing requirements, and gig workers can be connected to perform the work accordingly.
Now, a florist can run their entire business through online orders from their website, request for an on-demand part-timer florist assistant to pick and pack for the busiest three hours of the day, while also requesting an on-demand dispatcher to pick up the ready-made arrangement to be delivered to the customer’s doorstep.
SMEs in the F&B and retail industry have approximately 50-75 per cent of operations that can be shift based.
Therefore this portion of operations can be easily shifted to the gig economy working model where workers are called on for shifts and trained with a standard operating procedure.
The real benefit of using gig workers is how scalable the workforce is for low season and peak periods. For the first time, the ramping up and down of people can be managed and ultimately save high costs.
Based on a case study of one of GoGet’s merchants, a florist could save up to 70 per cent of their costs in the workforce yet employ a higher number of workers overall.
This scalability is what makes gig platforms a recovery-friendly solution for all SME owners managing cash flow while opening up their operations after months of closure.
The more stable the foundations are to allow SMEs to rebuild their business, the stronger this economy’s backbone will repair.
The next generation of workforce is ever more ready for the gig economy
Today, 26 per cent of Malaysia’s labour force, equivalent to four million freelancers, form part of the growing gig economy. Based on a study done by Zurich Insurance, 38 per cent of full-time Malaysian employees had already considered venturing into the gig economy, which was higher than the global average of 20 per cent.
To the next generation of the workforce, also known as the tech-savvy Generation Z, the gig economy presents itself as a viable option to earn a living while working flexibly through shifts to maintain a work-life balance.
In terms of businesses, 84 per cent of Asian Pacific hiring managers choose to outsource to freelancers to save costs, cultivate innovation and maintain a competitive advantage.
Also Read: Underrated, untapped, and unknown: Malaysia’s startup ecosystem is coming of age
Gig platforms solve the fundamental human resources challenges
Having immediate access to a verified pool of actively looking for flexible engagements boosts the relevant accessibility to talent. SME owners no longer need to scour the internet for part-time forums, groups or reach out to personal networks.
Once a gig worker is engaged, the gig platforms take the initiative on retention and performance. GoGet provides incentives such as job bonuses, as it’s in the interest of the platform to provide a good experience for all.
Aside from bonuses, gig platforms cover the entire ecosystem for the worker to stay protected from insurance, savings and partnerships with national social security.
One of the pioneering initiatives from the Malaysian government was the PENJANAGIG initiative that helps protect gig workers through the Malaysian Social Security Organisation from June 2020 onwards.
Initiatives like this pave the way forward in solidifying gig work to be safe as a long term solution.
Multiple stakeholders have been pivotal in supporting this. Governments need to relook at their social security and pension funds to adjust for the new age of work; business owners are relearning new operational processes that can be gig friendly, and workers adapt to finding opportunities digitally.
There is no doubt that the pandemic accelerated the growth of gig platforms and adoption of gig work, which has many opportunities to support SMEs in today’s recovery journey ahead.
–
Editor’s note: e27 aims to foster thought leadership by publishing views from the community. Share your opinion by submitting an article, video, podcast, or infographic.
Join our e27 Telegram group, FB community, or like the e27 Facebook page
Image Credit: mysteryshot/123RF.COM
The post How gig platforms in Malaysia are empowering thousands of SMEs to recover from the pandemic appeared first on e27.
So when somebody tells you they’re going to provide you an inventory
of the “very best” bicep workouts, we understand your skepticism.
In an athletic stance, hold a bumper plate by its end in entrance of you.
Start about waist-high, drop the plate, and reach right down to catch it by its finish.
As A Substitute of doing a bicep curl with a dumbbell,
use a plate and grab it by its end.
If you’ve ever been unable to use just a single arm, you know the way a lot they are
concerned in almost something you do. Certain, you practice your arms when you do
pushing workouts for your chest and shoulders and pulling actions on your again. However,
unless you have exceptional genetics for arm features, you’ll by no
means build the identical energy and muscle mass as
you’d from dedicated arm training. In a normal exercise program, compound workouts take priority; arm exercises come at the finish.
One examine even confirmed that eccentric activation-induced higher size benefits, however not
at a statistically vital degree. There are completely different strategies to do this, either via increasing reps
or rising weight. They won’t nonetheless cover all three
heads so ensure to incorporate the following in your
routine. That should be your goal, and that’s the place all your
hard work ought to go. I’ve received a sense these are a couple of
of the questions you’re asking your self, and that’s comprehensible.
The Dumbbell Underhand Lifeless Row is the following exercise
on the record. Supination and pronation are the next capabilities on the record and once
more, we’ll flip to a cable rope to assist us here.
You can take more than per week to complete the 4 workouts, for example, or scale
back the number of sets. Think About what ninety days of coaching this way could do on your gains (and how rapidly you seem them)!
If you’re ready to get not just massive arms, however six pack abs and an athletic physique check out our ATHLEAN-X Coaching Programs.
He also has a degree in fantastic arts, but these are inversely correlated with muscle development.
Barbells usually make coaching extra handy, but that’s not the case with biceps.
Dumbbells let you work your biceps by way of a larger vary of
motion and with freer movement in your wrists and elbows.
As a result, you’re less likely to be bothered by cranky
joints or tendons. For the subsequent two days, I want to focus on progressive overload
for the eccentric contraction. If carried out
correctly, this is considered one of the major drivers of muscle hypertrophy or
muscle progress. As you’ll have the ability to see, we’re going to rotate biceps and triceps exercises with at
some point of rest per week.
They assist to strengthen your arm and stabilize your shoulder.
You will still get some assistance from the chest and
shoulders, although this will assist add overall shape to
your higher body and arms. By having a detailed grip you’ll have to rely on the strength of your triceps,
somewhat than your chest muscles, to press the bar back up.
Creatine monohydrate is a well-researched supplement proven to help individuals carry extra weight and enhance muscle dimension. If you’re hitting the fitness center consistently however not seeing arm progress, your
food regimen may be the lacking link. To perform a
skull crusher, lie down on a bench and hold a barbell with an overhand grip.
To carry out a hammer curl, stand with your ft shoulder-width
apart and maintain dumbbells with your palms going through
inwards. Hammer curls are similar to barbell curls but goal a barely different area of the biceps.
References:
steroids Without lifting
70918248
References:
maca Kapseln Testosteron
70918248
References:
most popular steroids For bodybuilding, scenario-center.com,
70918248
References:
https://cruisecontrolcruises.co.uk/page/35/?dest=request