• Follow Us On : 

Technology Companies in Asia Pacific Struggle to Retain Employees While Ramping up Hiring Plans


Redaksi | Kamis,08 Agustus 2019 - 12:20:34 WIB
Dibaca: 183 kali 
Technology Companies in Asia Pacific Struggle to Retain Employees While Ramping up Hiring Plans
  • In Singapore, the percentage of technology companies that plan to hire aggressively increased from 5.5% to 6.0%.
  • Employee turnover in the technology sector is highest in Singapore at 14.7%, followed by China at 14.2% and Hong Kong at 13.9%.

SINGAPORE - 8 August 2019 - Voluntary employee turnover in the technology sector, a closely-watched metric for human resources leaders, has increased in eight out of 10 markets this past quarter, according to the Radford Global Technology Survey. Radford is part of Aon plc (NYSE: AON).

Average Voluntary Employee Turnover at Technology Companies

 

Q1 2019

Q2 2019

Direction

Australia

13.3%

13.8%

+

China

14.0%

14.2%

+

Hong Kong

11.7%

13.9%

+

India

13.9%

13.4%

--

Japan

9.8%

10.9%

+

Malaysia

15.0%

15.3%

+

Philippines

12.2%

14.3%

+

Singapore

13.1%

14.7%

+

South Korea

11.3%

11.8%

+

Taiwan

9.6%

9.1%

--

Source: Radford Global Technology Survey Quarterly Workforce Trends Report, Q2 2019

As employee turnover has gone up, so too has the percentage of technology companies reporting aggressive hiring plans. Companies reporting that they are actively planning and recruiting for organisational growth increased in six out of 10 key Asia Pacific markets. In Singapore, the percentage of technology companies that plan to hire aggressively increased from 5.5% to 6.0%. At 18.4%, India has the highest percentage of companies actively growing their workforce. Meanwhile, China experienced a drop in companies expecting to grow headcount -- from 10.9% to 7.0% -- which could be partly driven by an ongoing trade dispute with the United States.

Percentage of Technology Companies Reporting Aggressive Hiring Plans

 

Q1 2019

Q2 2019

Direction

Australia

7.1%

8.5%

+

China

10.9%

7.0%

--

Hong Kong

2.4%

3.6%

+

India

12.9%

18.4%

+

Japan

6.6%

7.3%

+

Malaysia

3.7%

1.4%

--

Philippines

4.2%

4.3%

+

Singapore

5.5%

6.0%

+

South Korea

3.2%

2.6%

--

Taiwan

3.0%

2.5%

--

Source: Radford Global Technology Survey Quarterly Workforce Trends Report, Q2 2019

Trend lines often converge between turnover and hiring. When the technology sector is in a robust state of growth, employees are more likely to be lured into new jobs by attractive rewards plans, career advancement, and opportunities to expand their skills.

"We define rewards as anything an employer provides that an employee finds valuable," says Alexander Krasavin, Partner and Chief Commercial Officer of Emerging Markets in the Rewards Solutions practice at Aon. "As companies reassess their retention strategies, they must work harder to optimise their rewards to align them with their employee preferences. In addition, businesses with a voluntary turnover of more than 10% should evaluate their employer brand and human capital practices carefully."


Akses Wahanariau.com Via Mobile m.Wahanariau.com
Untuk Berbagi Berita / Informasi / Peristiwa
Silahkan SMS ke nomor HP : 085271472010
atau email ke alamat : [email protected]
Harap camtumkan detail data diri Anda
Pengutipan Berita dan Foto, Cantumkan Wahanariau.com Sebagai Sumber Tanpa Penyingkatan
TULIS KOMENTAR
BERITA TERKAIT
Jumat,07 Juni 2019 - 03:15:45 WIB

Cashwagon Clinches Digital Award for Financial Services in Technology Excellence Awards

SINGAPORE - 6 June 2019 - Cashwagon, the rapidly scaling fintech company for South-East As

Rabu,19 September 2018 - 06:28:57 WIB

SingularDTV Asia Crypto Artist Music Tour Proven a New Way to Embrace Entertainment Technology Empowered by Blockchain

CHINA - Media OutReach - 18 September 2018 - The business model of the music industry is n

Sabtu,01 September 2018 - 00:21:22 WIB

Consortium Led By Aldworth, Mason Group and WeDoctor To Acquire Global Leading IVF Technology and Services Provider Genea Limited

CHINA - Media OutReach - 31 August 2018 - Genea Limited ("Genea"), Australi

Rabu,24 April 2019 - 01:49:20 WIB

China Display Optoelectronics Technology Holdings Limited Announces Unaudited Financial and Operating Data for the First Quarter of 2019

Driven by Direct Supply to First-tier Brands Sales Volume Increased More Than Twofold YOY ASP Increa

Rabu,29 Mei 2019 - 19:50:42 WIB

Business Leaders Required To Drive Vietnam’s Industrial, Digital And Technology Boom In 2019: Michael Page

VIETNAM - 29 May 2019 - Michael Page, a global leading recruitment consultancy firm releas

Jumat,26 Oktober 2018 - 03:17:34 WIB

China Display Optoelectronics Technology Holdings Limited Announces Unaudited Financial and Operating Data for the First Three Quarters of 2018

Revenue Increased by 6.8% Year-on-Year to RMB2.55 billion Overall Sales Volume for a Single Month in

BERITA LAINNYA
Rabu,11 Desember 2019 - 22:29:56 WIB

Kades Ketaping Jaya Bakal Bangun Sarana Prasaran untuk Pemuda

TELUK KUANTAN - Iputra, Kepala Desa Ketaping Jaya, Kecamatan Inuman, baru saja dilantik memiliki vis

Rabu,11 Desember 2019 - 21:40:22 WIB

Ini Program Kerja Kades Kampung Baru Koto yang Baru Dilantik

TELUK KUANTAN - Khairul Kepala Desa Kampung Baru Koto, Kecamatan Inuman yang baru saja dilantik samp

Rabu,11 Desember 2019 - 05:11:18 WIB

Bupati Kuansing Lantik Tiga Kades di Kecamatan Inuman

TELUK KUANTAN - Bupati Kuantan Singingi Mursini melantik tiga Kepala Desa di Kecamatan Inuman, berte

BERGABUNG DI SINI
KABAR POPULER
IKUTI BERITA KAMI