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Baht/$ 33.68/71
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GOLD |
14,700
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EMPLOYMENT
PORNNALAT PRACHYAKORN
Thailand's job market has remained stagnant due to economic weakness and political uncertainties, according to Satinee Mokaves, managing director of Jobs DB Recruitment (Thailand). She said most companies were not taking on new staff or were only replacing existing employees.
The number of available positions posted on its website, however, remained about 12,000 as many large organisations still found it necessary to recruit candidates. ''Talented candidates are considered a valuable investment. Large companies wouldn't care how much it costs as long as we the recruiter can get them a qualified candidate,'' she said.
Talented employees, however, tend to give priority to job security rather than moving to new organisations with tempting offers.
The workforce market had been tough since the 2006 coup, but the situation has worsened to the point that supply has outstripped demand because of lower consumer confidence, sky-high food and oil prices and an absence of business expansion and new investment.
The poor economy has prompted small and medium-sized companies to cut recruitment budgets. As a result, Job DB missed its revenue target in the first half. ''We have set a growth target of at least 40% for the first half of this year but only achieved 20%. While the unstable situation is lingering, we have to do our business plan month-by-month instead,'' said Ms Satinee.
This was reflected in the rough start of its new website www.ezyjob.com launched early this year, which targets the more price-sensitive low-end market.
''We should encourage students to take more professional or practical courses since careers relating to IT, engineering and spa management, for example, have always been in high demand,'' she said.
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