Tuesday, December 12 2017

VietNamNews

Senior-level jobs see high turnover

Update: March, 08/2013 - 00:00

Female staff at the Military Commercial Joint Stock Bank. Senior workers in accounting/ finance and purchasing/supply chain positions have the lowest rate of job satisfaction and the strongest desire to change jobs. –VNS Photo Truong Vi

HCM CITY (VNS)— The turnover rate among senior-level workers is likely to grow this year as many hope to change their jobs, an online survey has found.

Fifty-four per cent of 3,361 white-collar workers surveyed said they were unsatisfied with their current jobs and want to change, according to a survey on senior employment trends in 2013, conducted by the domestic online network of management professionals in January.

More than 70 per cent of respondents hold managerial positions.

Only 5.2 per cent of respondents said they were totally satisfied with their jobs and did not want any change.

Senior workers in accounting/ finance and purchasing/supply chain positions had the lowest rate of job satisfaction and had the strongest desire to change jobs, accounting for nearly 60 per cent and 65 per cent, respectively.

Forty-four per cent of respondents said that a job meeting their long-term goals was the most important factor, followed by the right job role and responsibility, with 17 per cent; working environment, 14 per cent; and salary and benefits, 12 per cent.

The survey also collected data from 11 headhunter companies, including Manpower, Harvey Nash, L&A, Infinity HR, RGF, Faro, Robert Walters, VTalent, Grey Finder, Career Planning and Talent Viet.

Six companies forecasted that the senior recruitment market would grow by 10-20 per cent in the next six to 12 months.

Only two companies anticipated that the demand would fall by 15 per cent, while three other companies said that it would remain unchanged until the year-end.

The six industries in need of recruiting senior workers in the near future are fast-moving consumer goods, education, manufacturing, healthcare and hospitality and tourism.

Industries with declining recruitment demand include banking, real estate, financial services, construction and information technology.

Fast-moving consumer goods, pharmaceuticals and oil and gas are predicted to maintain good salary increases, followed by retail/trading and e-commerce, which are forecast to have positive salary increase due to the growth of these industries.

The survey also found that more than 82.2 per cent of respondents have joined one to three online networks in Viet Nam and abroad to seek job opportunities at large companies and information about working environments.

The remaining 17.8 per cent of respondents said they had yet to register for any network.

"This survey aims to identify the latest trends and updates about the senior recruitment market, which gives high-level professionals clear views on the senior job market as well as helps business leaders prepare effective human-resource strategies," said Thanh Nguyen, CEO of Anphabe. —VNS

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