SOURCE: Robert Walters

Robert Walters

February 06, 2015 02:00 ET

Demand for Specialist Skills to Outstrip Supply in Vietnam

HANOI, VIETNAM--(Marketwired - Feb 6, 2015) - According to the latest annual Global Salary Survey from professional recruitment firm Robert Walters, companies in Vietnam will face keen competition for top talent in 2015. While the country continued to attract new companies, particularly in manufacturing, this consequently resulted in competition for candidates within an already limited talent pool.

Although a number of job opportunities were available across different sectors, the scarcity of specialist skills in the market continued to pose recruitment challenges for employers. To address the acute shortage of technical capabilities, companies started to focus on attracting Vietnamese professionals working overseas. Vietnamese job seekers with experience in established overseas markets had an added advantage over other local candidates.

Figures from the survey suggested candidates who switched jobs in 2014 could command an average 10-25% salary increment. This trend is likely to continue in 2015.

Jon Whitehead, Country Manager of Robert Walters Vietnam, comments:

"The largest challenges faced by companies as they compete for top Vietnamese talent is the shortage of candidates and lack of niche skill sets. In order to attract top-tier professionals, hiring managers have to consider holistic employment packages which include clear internal career development plans and attractive benefits. Another viable option to widening the candidate pool is to attract overseas Vietnamese back home. Their international exposure, diverse skill sets and bilingual abilities can create a dynamic workforce for Vietnam."

Other Key Highlights for 2015

  • Apart from technical abilities, finance professionals who understand the business-partnering potential of their role will be highly sought-after
  • Rising demand for cloud computing, mobility engineering, big data, business intelligence and information security IT specialists
  • Hiring for sales and marketing professionals within the industrial and pharmaceutical sectors will see an upturn in demand due to continuous growth and new players entering the market
  • HR candidates with regional experience who could add value through business partnering as well as compensation and benefits experts are key hiring priorities
  • Due to expanding factory operations, demand for procurement, supply chain and engineering professionals is likely to increase. Those experienced in sourcing, quality assurance and SCM (supply chain management) will be particularly sought-after

Notes to editors:

1. Robert Walters is one of the world's leading specialist professional recruitment consultancies and focuses on placing high calibre professionals into permanent, contract and temporary positions at all levels of seniority. The Vietnam business recruits across the accountancy and finance, banking, financial services, HR, IT, marketing, procurement, supply chain & logistics and sales fields. Established in 1985, the Group has built a global presence with 53 offices spanning 24 countries.

1. Compiled by our dedicated research division, the Salary Survey is based on an analysis of placements made across our network of offices and specialist disciplines during the course of 2014. Now in its sixteenth year, the Survey is used by employers, HR managers and employees for benchmarking salary levels within their industry.

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