Most Vietnamese workers seek new jobs, says study
HO CHI MINH CITY, VIETNAM — A new study by Michael Page Vietnam revealed that 35% of Vietnamese workers are looking for a new job, and an additional 21% will start their job search in the next half-year.
This study, involving 996 professionals, highlights an active job market in the country with a transition towards a more transactional work approach.
The Michael Page Vietnam Talent Trends 2023 report shows that 90% of Vietnamese workers who secured a new job last year are still open to different prospects. This behavior reflects a flexible approach to career advancement, considering job changes as a standard part of the employment cycle.
May Wah Chan, the Regional Director of Michael Page Vietnam, points out that “95% of all Vietnamese employees are receptive to new opportunities. They are looking for more than just a paycheck – they want career growth, flexible work arrangements, and a culture that resonates with their values.”
The study also showed an interesting correlation between the economy’s state and job-seeking behavior, with 54% more likely to explore new job options if the economic environment worsens.
However, the emphasis is now on finding roles that align with individual goals and an ideal work-life balance.
“The trends in Vietnam mirror the sentiment of the global talent market – every region has seen a transformative change across all age groups, markets, and industries,” said PageGroup CEO Nicholas Kirk.
“These are not fleeting trends or reactionary responses to a period of turbulence. Rather, they are reshaping the workplace in a way that will subtly yet fundamentally change the way businesses attract and retain their talent,” he added.
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