Adecco report highlights retention challenge among millennials in workplace.

Vietnam reviewed.

The seventh edition of the Adecco Vietnam Salary Guide 2020 has been published and focuses on the two major cities in Vietnam: Hanoi and Ho Chi Minh city. The Guide provides a detailed picture of current market offerings based on job responsibilities and working experiences across key sectors and industries.

The recruitment landscape in Vietnam last year remained strong as the country received international investment and looked forward to reaching new heights. More companies started to relocate their factories to Vietnam amidst the US-China trade tensions. These new factory set-ups required a lot more production and quality management professionals to ramp up their production capacity.

The tech sector also enjoyed rapid growth as businesses across industries continued accelerating their digital transformation and adopting new technologies, especially within the Business Intelligence (BI) and Artificial Intelligence (AI) space. With the gradual shift towards a high-tech economy coupled with a lack of digital talents, tech talent will continue to be sought after.

‘’Retention will be a major challenge that companies continue to face, particularly for junior to mid-level professionals – who are millennials,” said Mr. Andree Mangels, general director of Adecco Vietnam. “Moreover, the new generation – Gen Z appreciates the opportunities for career growth and personal development. Companies will need to provide rooms for learning and thriving to retain talents in this 4.0 era. On-site training programs that provide the chance to reskill and upskill will go a long way in ensuring employees remain engaged, motivated and committed.”

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