Thu, Sep 12, 2019, 10:57:00

Eighty three percent of Generation X, or people born in 1965-80, are looking for new jobs, according to a survey by recruitment firm VietnamWorks.
The rate is higher than the 74 percent for Gen Y (1981-1995) and 71 percent for Gen Z (1996 and later), the survey released on Wednesday said. The survey polled 4,000 employees and 400 employers online in Vietnam in July.

Most of the Gen X employees surveyed have seniority and experience, over half of them have been at their current company for five years or more and eight out of ten are at the level of manager or upward.
They are seeking a job change this year for better remuneration and working conditions. The top reasons for changing jobs are to seek higher salaries (33 percent), better benefits (29 percent) and workplaces with better cultural and corporate values (25 percent), the survey said.
It also found that the tendency to look for a new job rose with seniority, with 81 percent who have been working for three years or more saying they would find a new job in the second half, compared to only 67 percent among those who have been working for less than a year.

In another survey of employers released the same day VietnamWorks found that 79 percent reported a staff shortage in the first half of this year.
Bigger companies had a higher rate of employee shortage. 87 percent of companies with 500-5,000 employees said they are short of personnel while it was 74 percent for companies with less than 100 employees.
Hospitality/tourism had the highest shortage rate, 94 percent, followed by electronics (90 percent) and technology/engineering (88 percent).

Nearly half of employers said the reason for the shortage was simply a lack of applicants.
Other reasons were applicants not meeting requirements (40 percent) and company benefits not meeting applicants’ expectations (39 percent).
Demand for talent is set to rise in the second half of this year, according to 66 percent of employers, with almost half expecting it to increase by at least 21 percent.
