Employers to focus on internal skill development

Tuesday, Mar 11, 2014 09:00

Figures from the survey suggest that candidates who switched jobs in 2013 command an average 10-20 per cent salary increment, and this trend is likely to continue this year.— Photo Ngoc Ha

HCM CITY (Biz Hub) — Firms in Viet Nam will be focusing their HR efforts on strengthening skills and knowledge internally this year, according to the latest annual Global Salary Survey from international recruiter Robert Walters.

Because of the intense competition for talent in the market, companies are expected to be flexible in their hiring approaches and consider candidates with broadly matching skill sets.

Figures from the survey suggest that candidates who switched jobs in 2013 command an average 10-20 per cent salary increment, and this trend is likely to continue this year.

Jon Whitehead, country manager of Robert Walters Viet Nam, said: "As companies continue to compete for top Vietnamese talent, the shortage of candidates and lack of skills in niche areas pose recruitment challenges.

"Employers are likely to focus on training and development programmes for existing teams in order to nurture talent internally.

"Attracting overseas Vietnamese back home is another viable option as such candidates are valued for their international exposure and expanded portfolio."

Companies seek HR hiring specialists who can fill business-partnering roles and add commercial value.

"Due to acute talent shortage in the market, we saw a strong demand for HR professionals experienced in learning and development as well as organisational development," the survey said.

The entrance of new fast-moving consumer goods businesses in Vieot Nam could potentially lead to increased demand for sales and marketing professionals.

Hiring of procurement specialists is likely to increase due to growth within industries such as garment manufacturing, electronics/electricals, and FMCG.

Internationally-recognised certifications like ACCA, CIMA, and CPA are gaining value in Vieot Nam, it said. — VNS

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