There are signs that there will be a surplus of human resources in the banking industry

VietnamWorks, Vietnam’s largest online recruitment website, has just released the 2019 Online Recruitment Market Report in Vietnam. The statistics presented in the report are analyzed based on application documents at VietnamWorks, surveys for both employers and candidates.

According to statistics from VietnamWorks, recruitment demand online nationwide from 2015 to 2019 has achieved a growth rate of 55% and recruitment demand in the coming years is forecast to continue to increase.

Accordingly, in 2019, the registration rate Recruitment for experienced positions is the highest at 73%; Department heads and managers account for 17%, new graduates account for 7% and ranks from director and above account for the lowest job posting rate, only 3%.

Potential shortage labor in high-speed occupations high growth rate

The top 3 occupations with the highest recruitment demand are respectively: financial/investment sales and administrative/secretarial. These industries also lead in the number of applications in 2019. However, there is a slight difference in the ranking order when administrative/clerical is leading in the number of applications and the sales industry is leading in the number of applications. Number of job postings. Thus, there will likely be a slight difference between recruitment demand and labor supply in these two occupations.

In addition, 3 industries have high growth rates in recruitment demand such as : production customer care planning/project with strong growth of 17%, 13% and 13% respectively. But there is a high possibility that there will be a labor shortage in the customer care and manufacturing industries because these two industries are not in the top 3 industries with growth rates in labor supply such as planning/project banking. advertising/promotion/foreign affairs.

Cities neighboring large urban areas have seen a sharp increase in recruitment demand

According to VietnamWorks records Ho Chi Minh City and Hanoi have always been the two leading cities in the number of job postings for many years in a row. Following behind are provinces such as Binh Duong, Da Nang, Dong Nai…

Overcoming cities in new economic zones, there has been a sudden growth in recruitment demand in the past year. . Accordingly, the growth rate of Ba Ria – Vung Tau is 29%, Dong Nai 20% and Bac Ninh 14%. This shows that the spread of jobs to neighboring areas of Ho Chi Minh City and Hanoi is increasing.

Mid-level and senior-level candidates are less likely to look for jobs. online jobs

According to statistics from VietnamWorks application data, the online labor supply nationwide during the 5 years from the beginning of 2015 to the end of 2019 has increased. 45% but has not yet caught up with the growth rate in recruitment demand (55%), so there is likely to be a shortage of talent in some areas. However, this can be viewed from a positive perspective, as workers will have higher job opportunities and less competition.

When comparing the top 3 industries The outstanding growth in labor supply in 2019 with the top 3 industries with high growth in recruitment demand in 2019 has some signs of surplus and shortage of human resources as follows:

First appears There are signs of a surplus of human resources in some occupations such as advertising/promotion/foreign relations banking and a labor shortage in manufacturing customer care industries. Accordingly, the top 3 industries with outstanding growth in recruitment demand in 2019 are manufacturing customer care project planning, and the top 3 industries with outstanding growth in labor supply are project planning banks, respectively. advertising/promotion/foreign affairs.

In terms of the possibility of a shortage of human resources in some significant fields, the following industries include: IT electrical/electronics when these two industries are in the top 10 industries with recruitment demand is highest in 2019 but is not in the top 10 industries with high labor supply.

When comparing job search behavior, we can see that the group of middle and level management candidates There is much less need for online job research than other candidate groups, partly because the majority of levels from director and above will conduct recruitment through Navigos Search’s Search and Selection service.< /p>

An Ha