Employment market set for growth next year

Economy December 21, 2011 00:00

By Pichaya Changsorn
The Nation

3,492 Viewed

'Sales, engineering and information technology firms expected to be the top recruiters'

Thailand's employment market is set to see growth in 2012, especially in sales, engineering and information technology, according to Adecco Group Thailand.

Thailand’s leading recruitment and human resource services provider said the employment market this year was estimated to grow by 20 per cent across almost all job fields. Sales, engineers and IT will be the most sought after, followed by accounting, finance, HR and marketing.

Trading, industrial, IT, services and energy are top fields looking for staff, while IT, accounting and marketing are the top jobseekers.

In 2011, the number of applicants for almost all jobs had gradually increased except in some fields such as administration, HR, finance, marketing, sales and logistics.

Adecco Group Thailand’s country manager Tidarat Kanchanawat said the group recently undertook two related surveys to find the profiles and viewpoints of job seekers and employers. The first survey entitled “Adecco Thailand White Paper – Through the Candidate’s Eye in 2011” reveals:

The most important factor when looking for a job was the organisation’s reputation.

About 43 per cent of respondents stated that the reputation of the organisation is the first factor that they consider, followed by organisational culture (30 per cent), and organisational magnitude (13 per cent).

--What is the average time to be an employee with one organisation?

About 38 per cent of respondents felt that a good average time to work at a company is between 3-5 years. Only one per cent advocated leaving a firm after working for less than a year.

--When changing jobs what salary increase is expected?

About 43 per cent of respondents believe that they should get a salary increase of more than 20 per cent when changing a job, while a quarter of them look for a 16-20 per cent raise.

--Factors that improve employee efficiency at work:

Interesting work tops the list (37 per cent), followed by colleagues (33 per cent). Compensation was much further down at 7 per cent.

--Factors that improve employee happiness at work:

Good working atmosphere was rated the highest (48 per cent), followed by colleagues (35 per cent). Less than three per cent feel that the organisation’s culture or policies will make them happy.

--The type of company that job seekers most want to work for:

About 70 per cent of those surveyed would choose to work for an international organisation, while 14 per cent would choose a large Thai company, and 12 per cent preferred a state enterprise.

--Which working environment would be most desirable?

The majority of respondents (45 per cent) want freedom at the workplace and not to be micro-managed. About 40 per cent are also looking for a friendly and supportive environment.

--The most  important factor in terms of working agreement:

There are two areas that stand out above the others – high compensation (35 per cent) and interesting job (34 per cent). Of least importance was living close to the workplace (6 per cent). Those in the above-40 age group valued interesting work above salary – the only age group to select this over salary.

--The highlights of the other survey seeking the opinion of employers were:

-Half of the companies stated that they are looking for “ability” as the key skill of a job-seeker, followed by “attitude” (33 per cent), and “organisational compatibility” (12 per cent).

-When asked “how long do you think an employee will remain with your organisation?”, 43 per cent said at least three years, and a quarter of them expected at least five years. Nine per cent felt that new employees would remain with them for only one year.

-When employers were asked about salary increases offered to a new hire (compared to current salary), 93 per cent said they would expect to pay 5-10 per cent more. Only six per cent said they could give a pay rise of 10 per cent or more.

--Which factors will help your staff to perform better at work?

About 36 per cent of respondents cited the type and quality of work as the most important factor, followed by salary and compensation (21 per cent), and relationship with work colleagues (16 per cent).

--What make employees happy at work?

About 64 per cent of respondents believed that “working atmosphere” contributed the most, 22 per cent stated that “work colleagues” make each other happy. Only 7 per cent believed salary was the most important factor.

-“Communication skills” is the most common skill that the employers look for in candidates (63 per cent), followed by “management potential” (36 per cent).

-Nearly all employers felt that English as a second language is essential. Surprisingly, 16 per cent felt that Japanese would be the most preferable language.

-About 31 per cent of respondents viewed  “honest” as the most important “trait” in the employees, followed by “endurance” (22 per cent), and “creativity (21 per cent).

-“Lack of desire to develop oneself” tops the list of “unwanted habits” (45 per cent), followed by “lack of enthusiasm”.

Tidarat said it remained to be seen how the government’s new minimum wage policy would affect the salary structure of Thai organisations. Adecco, which enjoys a 40-per-cent revenue growth this year, targets to see another year of double-digit growth in 2012.

The survey, available in Thai and English, can be downloaded  from Adecco’s website, www.adecco.co.th