Employment Outlook 2018

Transcription

1 Employment Outlook

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3 Market Insights Demand for professional recruitment to be driven by 4.0 & strong FDI Overall outlook As embraces its further evolution towards a value economy and foreign direct investment (FDI) increases, the outlook for professional recruitment services continues to look strong. Heavy governmental support for foreign companies investing in will induce new flows of capital, and increases hiring activity from foreign MNCs looking to launch operations locally. This development would have a very positive effect for, the economy as a whole and the outlook for employment. Engineering & Supply Chain Digital & Software Development (Technology) Business Services Property & Construction Key trends s Industry ministry recently revealed that s emerging Eastern Economic Corridor (ECC) is expected to see investments of more than USD43 Billion over the next five years covering rail, road, air transport and ports around the country. This investment is expected to lead to fantastic employment opportunities across a number of sectors and industries. has through its 4.0 strategy been a cluster for innovation and start-ups across a number of industries including E-Commerce, Bio-Tec, Digital, Robotics, IoT, and Software Development amongst others, which have led to a surge in hiring within these areas in 2017 and are foreseen to continue in. The transformative shift of providing high value services, technologies and start-ups have seen a significant upsurge of great quality Thai professionals. This has resulted in many international organisations shifting their focus towards the local employment market, and in some cases, replacing expatriate hires with local Thai nationals.. will be an exciting year for as the country moves closer towards its strategic goal of being a knowledge based economy. The shift in country priorities signify new employment and upskilling opportunities for Thai professionals. Companies will also consider strengthening their capabilities in digital, software applications and technology in line with 4.0. Kristoffer Paludan, Director, Michael Page By the numbers * 3 professionals average number of candidates employers interview before 1-2 months average time employers take to secure talent 2-3 rounds of interviews typically undergone by candidate with a company before securing a position *These employment trends are based on the Michael Page database in the last 12 months.

4 Engineering & Manufacturing As one of the strongest manufacturing bases in the ASEAN region, professionals in the industrial sector in will be expected to drive high tech, world-class manufacturing processes that emphasise automation, quality, efficiency and cost minimisation. Plant Operations Managers Engineering & Maintenance Managers Quality / Continuous Improvement Managers Building materials FMCG Chemical Automotive 16-20%

5 Finance & Accounting In, we expect an increase in demand for finance professionals with hands-on experience and strong knowledge of local tax and compliance. Companies are looking for skilled finance business partners with local and international market exposure. Accounting Managers Finance Directors Plant Controller Supervisors Industrial FMCG Business Services Pharmaceutical and Healthcare 21-25%

6 Human Resources In, we will see a shift in the skillsets required of Human Resources candidates. The focus will move to strategic HR Business Partnering and growing the organisation through contemporary talent management and leadership development policies. HR Business Partners Organisational & Talent Development Talent Acquisition / Recruitment Managers Industrial Business Services FMCG Healthcare and Pharmaceutical 21-25%

7 Marketing Marketing candidates with strong multi-channel experience will be in high demand in. Candidates who are experts in digital marketing with strong consumer acquisition exposure will be pulled towards new startups from larger, more traditional organisations. Brand Managers Product Managers Marketing Communications Digital Managers FMCG Digital / Technlogy Financial Services E-commerce 16-20%

8 Procurement & Supply Chain Supply chain management will be pushed to the forefront of business strategies in. Managers and other supply chain professionals will need to play more integral business partnering roles to ensure transparency, end-to-end coverage, technology integration and customer orientation. Supply Chain Managers Logistics and Warehouse Managers Procurement Managers Builing Materials Chemical Business Services Automotive 16-20%

9 Sales In, we will see an increase in demand for senior management and mid-level sales candidates, especialy in the industrial sector; along with roles in technical business-to-business sales and digital sales solutions for both traditional companies and startups. Sales Managers Business Development Managers Account Managers FMCG / Consumer Industrial / Technical Sales Digital / Technology General Business Services 16-20%

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