Demand from employers
As the economic prospect in Vietnam is expected to further move forward with stable inflation rate of around 3%. Given the positive status in the first three months 2018, the situation of employment and recruitment market is increasingly prosperous. As more and more international organization are investing in Vietnam, the search for Vietnam talents is competitive among recruiters.
The recovery of the economy has led to the desperate need to choose outstanding senior employees to help organizations run smoothly, thus achieving the business target. It cannot be denied that human resources are one of the most vital factor for company growth in the meantime.
Demand from job seekers
However, it is noticeable that the high headhunting demand in Vietnam not also comes from employers, but also roots from job seekers themselves. Talent staff are more and more aware of their true value and have a tendency to jump to a new organization which provides them with better payment package and career opportunities.
As a normal trend across recent years, after a long holiday of Lunar New Year, human resources managers have faced a significant transfer of high quality, senior employees between organizations. It is also estimated that in the beginning of the second quarter, more than 80% staffs in senior position would look around and research the market to compare the company scale, culture, remuneration and career opportunity to jump to a better job
The role of headhunting company
Despite the high demand for high quality staffs, the current number of experienced senior staffs in Vietnam cannot meet the abundant demand. This fact has led to the need for assistance from headhunters. As a result, many companies focusing on headhunting services have been founded to solve the recruitment market problem. And Faro Recruitment Vietnam JSC is proud to be the leading headhunting service provider in the market.
As the competitiveness among organizations and candidates is getting higher, both candidates and headhunting companies need to equip themselves with the best tools to attract employers, especially ones that come from international organizations. With years of experience and trusted reputation on the market, many senior candidates have collaborated with Faro Vietnam to seek for timely support to approach for the desirable positions.
At the moment, it is estimated that there are about 300 firms and thousands of people working in the headhunting field. According to the recent research conducted by HR best practice companies in ASEAN, there is a demand of 1 head hunter for every 100 employees.
It is not easy to become a qualified head hunter in Vietnam, there are many strict requirements for knowledge, insights, language and professional skills. They also face other obstacles when approaching prospectus candidates.
The work of Faro Vietnam can be compared to an effective machine that helps companies to “search for gold in the sand”, proposing the most suitable candidates for a vacancy. We have maintained an abundant and trusted source of data through the constant work of pre-screening and networking. As a result, only the very best candidate who matches the company’s requirement will be presented to company leaders. Using the service of professional headhunting firm like Faro Vietnam would be a perfect cost-effective talent acquisition strategy for high demand organizations.