BANGKOK, THAILAND – Media OutReach – 26 October 2021 – Global
recruitment specialists Michael
Page Thailand witnessed a marginal 2% quarterly increase in overall job numbers within Q3 2021
as hiring evened out after the surge in the early parts of 2021.
Kristoffer Paludan, Regional
Director of Michael
Page Thailand
With consistent employment demand, Thai professionals with the right
combination of technical and behavioural competencies will continue to be in
demand and command a higher ratio of salary. Additionally, competition for
talented professionals is intensifying and companies are increasingly adopting
a candidate-first mentality and paying more attention to the overall candidate
experience, to help improve their brand, their process and their overall
ability to attract talent.
The
number of jobs within the Thai Technology sector rose by 11% in Q3 from Q2
2021. “This is partly led by a buoyant tech startup community which is
experiencing very healthy private equity and venture capital investments. A
resulting demand is seen for professionals skilled in data citation, project
and program management as well as software development,” observes Kristoffer Paludan, Regional Director of Michael
Page Thailand.
Hiring
in the Thai Engineering & Supply Chain landscape saw similar levels of
heightened activity at a rate of 9% in Q3 2021 compared to Q2. According to Kristoffer
Paludan, this
upward trend is driven by the significant uplift in food production and
packaging, chemical manufacturing as well as electronics and electricals.
“We
have seen a number of new players entering the Thai market in the
above-mentioned sectors. That combined with the expansion of the domestic marketplace
has driven the uplift in hiring activity. In addition, the decline in the Thai
Baht is fueling the export market which in turn has seen an increase in
vacancies across both procurement, supply chain, engineering as well as
manufacturing,” comments Kristoffer
Paludan.
Also
earmarked for further growth within Thailand’s employment market is the healthcare
industry. Thailand being the second largest healthcare market in SEA accounting
for roughly 20% of the region’s healthcare expenditure is in urgent need of a
talent infusion across most disciplines. As demand for hiring grows, so will
the competition for talent.
Source: Michael Page Thailand
proprietary data
#MichaelPageThailand
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