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Top 3 factors candidates in Thailand look for in new employers

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Competitive remuneration, a workplace that provides career advancement opportunities, and great co-workers – these are what Thai talent typically look for when seeking new employment.

In particular,a majority of candidates analysed in RGF International Recruitment’s Talent in Asia report rated fair and market-competitive compensation as the most important factor (64.2%), followed by career advancement opportunities (16.2%) and finally, top-calibre colleagues (10%).

 

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Additionally, about eight in 10 (84%) expect to receive a pay rise when switching jobs, with  an average of 20% pay rise being most commonly expected.

The 5 most desirable industries among Thai talent

Given the growth of mobile data consumption and digitsation in Thailand, which has paved new paths for e-commerce ventures, demands for roles in the consumer & retail industry have increased, making it the most desirable industry among Thai job candidates today.

This was followed by healthcare & life sciences in second place, and technology, Internet & telecommunications in third; professional services in fourth, and finally, industrial as the fifth most desirable industry to Thai talent.

The employer’s perspective – outlook, hiring plans, and more

On the employer’s end, despite the Thai economy slowing down, a majority of employers (68%) analysed have expressed optimism about the growth of Thailand’s labour force.

In line with this, 64% of employers have plans to expand their teams this year, while 27% had no hiring plans yet. At the same time, a minority (9%) indicated that were downsizing.

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Further, with the economy changing rapidly, employers in Thailand are seeking candidates who have a strong sense of accountability, have confidence in their experience, and who are able to be agile and flexible when faced with change.

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In order to attract such talent and more, these employers are working on strengthening their employer branding (46%), employee training and development (19%), and finding ways to provide flexible work solutions to improve employees’ work-life balance (13%).

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About the report

The RGF International Recruitment Talent in Asia report analysed more than 3,500 responses about hiring trends across various industries in 11 Asian countries and markets.

Over in Singapore and Malaysia, healthcare & life sciences, technology, and internet & telecommunications were amongst the top desired industries for talent to work in.

Further, career advancement opportunities, competitive remuneration, and top-calibre colleagues were also commonly sought-after factors candidates want in new employment.

At the same time, just like in Thailand, employers in these countries place importance on candidates’ industry knowledge, agility and experience amongst other factors when hiring.

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