Most enterprises say first and second quarters see many staff coming and going.
According to a recent announcement from JobStreet.com Vietnam, the number of job vacancies posted on its website after Tet grew four times compared to the month prior to the lunar new year holiday. Jobstreet.com Vietnam conducted a survey on 350 employers, of which 75 per cent said that the first and second quarters always see major movements by staff.
Sixty-eight per cent said the post-Tet period is the peak time in their recruitment needs. Recruitment behavior in Vietnam also showed similarities with Malaysia and Singapore, which also celebrate the lunar new year. According to JobStreet.com, in Malaysia and Singapore about 73 per cent and 80 per cent of employers, respectively, said the first half of the year always sees personnel coming and going.
There are major differences in recruitment between jobs. Sales, Marketing, and ICT are the three with the highest recruitment demand, accounting for 40 per cent of the total. About 29.5 per cent of job vacancies posted on Jobstreet.com website were related to Sales and Marketing positions.
General Director of JobStreet.com Vietnam, Ms. Angie SW Phang, said that the role of Sales and Marketing positions is very important to the success or failure of a company, so they must adopt the correct strategy to attract and retain the best salespeople.
The trend in the first and second quarters has already been predicted, as a previous survey on 2,000 candidates at the end of December revealed that 68 per cent plan to change jobs within the next 12 months to earn better salary and benefits.
“Employers need to be more proactive in developing talent ‘banks’ to prepare for positions with high turnover,” Ms. Phang said. “Wage funds should be also adjusted to suit the recruitment plan and enterprises need to pay more attention to building the company’s brand, becoming a company where everyone wants to work.”
JobStreet.com also said that Vietnam ranked fourth out of five countries - Malaysia, Singapore, the Philippines, Indonesia and Vietnam - in English skills. A survey on fresh graduates showed that only 5 per cent are confident about their English skills while 27 per cent acknowledge having a weakness in language skills overall. Despite the advantage of understanding the local market, low labor productivity and a lack of language skills is a problem for Vietnamese workers competing with those from elsewhere in Southeast Asia.