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VietnamWorks releases online Manufacturing recruitment report

Released at: 08:30, 02/11/2019

VietnamWorks releases online Manufacturing recruitment report

Photo: Viet Tuan (VET)

Some 75% of candidates in sector intend to change jobs by year's end, according to latest VietnamWorks' report.

by Khanh Chi

VietnamWorks, Vietnam’s largest online recruitment website and owned by the Navigos Group, has released the “Online Recruitment Market Report on the Manufacturing Sector in Vietnam in 2019”.

Figures in the report were analyzed based on applications submitted to VietnamWorks from 2014 to present and combined with a survey of over 750 jobseekers in the Manufacturing sector.

The top 3 fields with the highest recruitment needs in the Manufacturing sector in the first half of 2019 were Production/Process, Mechanical, and Electric/Electronics. These were also the top 3 in the number of applications, resulting in the highest rate of competition.

By location, the top 5 cities and provinces in terms of recruitment demand were Ho Chi Minh City, Hanoi, southern Binh Duong and Dong Nai provinces, and northern Hai Duong province. These are also the top 5 in competition due to the number of applications.

In terms of growth in both recruitment demand and labor supply in the last five years, northern Ha Nam province recorded the highest growth, with recruitment demand increasing 421 per cent and labor supply 615 per cent when comparing the first half of 2014 with the first half of 2019.

Labor supply has not changed although recruitment demand for Textile/Footwear is showing signs of decline, coming in last in top 10 growth rates for the past five years, with 63 per cent. However, growth in labor supply in the industry ranked third, with 209 per cent in the last five years from the first half of 2014 to the first half of 2019.

Candidates in Textile/Footwear are also the most likely to change jobs, with 81 per cent of respondents stating so. With growth in recruitment demand not as sudden as in other industries, the ability to find the right job will be less favorable for this candidate group.

Seventy-five per cent of candidates in Manufacturing intend to change jobs, especially at the Director level and above.

When asked about their intention to change jobs in the next six months, 75 per cent of candidates in the Manufacturing sector surveyed said they intend to do so by the end of this year. The result opens up opportunities for Manufacturing businesses in finding and attracting talent by the end of the year.

The higher the level, the more respondents there are who intend to switch jobs. The survey revealed that 83 per cent of Directors and above said they will switch jobs in late 2019, while 76 per cent at the Team Leader/Manager level expressed the same plan.

Regarding the number of years working at a company, candidates with longer years of experience intend to switch jobs more. Up to 81 per cent of the candidate group “working at the company for 3-5 years” and the group “working at the company from 5 years or more” intend to change jobs.

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