A workplace which provides career development opportunities, as well as, great co-workers, competitive remuneration, these are what Thai talent mainly look for when seeking new employment.
In particular, a majority of candidates analyzed in RGF International Recruitment’s Talent in Asia report rated fair & market-competitive compensation as the most important factor, followed by career advancement opportunities & finally, top-caliber colleagues.
In addition to this, around eight in 10 expect to receive a pay rise when switching jobs, with an average of 20 percent pay rise being most commonly expected.
Given the growth of mobile data consumption and digitization in Thailand, which has paved novel paths for e-commerce ventures, there has been a rise in demands for roles in the consumer & retail industry, making it the most desirable industry amongst Thai job candidates today.
This was followed by life sciences & healthcare in 2nd place, & technology, Internet & telecommunications in 3rd; professional services in 4th, & finally, industrial as the 5th most desirable industry to Thai talent.
On the employer’s end, in spite of the Thai economy slowing down, a majority of employers analyzed have expressed positivity about the growth of Thailand’s labor force.
In line with this, 64 percent of employers have intended to expand their teams this year, while 27 percent had no hiring plans yet. At the same time, a minority of 9 percent indicated that were downsizing.
Moreover, with the economy changing speedily, employers in Thailand are looking for candidates who have confidence in their experience, have a strong sense of accountability, & who can be agile & flexible when faced with change.
To attract such talent & more, these employers are working on strengthening their employer branding, employee training & development, and finding ways for providing flexible work solutions to improve employees’ work-life balance.