There has been a gradual change when job-hopping is no longer a disadvantage in a job seeker's profile - Photo: VU THUY
For the new generation of workers, especially Gen Z, short-term commitment (only 1-2 years) to a company has become the new norm for this generation. Job-hopping is no longer considered a sign of instability as previously thought.
Ms. THANH NGUYEN (CEO Anphabe)
This job-hopping result was recorded from a survey in the first half of 2023 by Anphabe, a consulting unit on employer branding and working environment.
According to the survey, for every 10 people who were laid off, seven found new jobs. Only one of these accepted a lower salary, three kept their salary, and three found new jobs with higher salaries.
"This is an interesting development that shows that the labor market is becoming more flexible and open. Being fired is sometimes also an opportunity for many people to have better career advancement," said Ms. Thanh Nguyen, CEO of Anphabe.
This change requires employers to change the way they evaluate candidates as well as the way they build a working environment and develop human resources.
Agile capacity is the ability to be flexible, ready to innovate, improve the status quo to adapt to internal and external changes, towards breakthrough values.
In the context of businesses cutting down massively, building Agile working capacity (working in project teams with appropriate resources) is becoming a trend, especially in the information technology industry.
Building Agile capabilities in employees gives them the flexibility to participate in multiple projects, even if they are not at their current company.
This approach allows the organization and project team to respond quickly to change.
When businesses build Agile capabilities in their workforce, if faced with mass layoffs or restructuring decisions, they can rest assured that employees are equipped with the skills to confidently continue their career paths elsewhere.
Meanwhile, Anphabe's survey of employee expectations from 2015 to 2022 (about 60,000 people/year) shows that they are increasingly interested in family-related benefits (62%) and benefits related to working time and support (63%) among the six employee benefit needs.
The six benefits include: time and work support benefits, family benefits (such as family vacations), culture-building benefits, cash benefits, insurance and health benefits, and training and development benefits.
"Despite the company's efforts, the number of employees enjoying these benefits is still lower than expected, and the majority are not satisfied with the benefits the company provides.
Most Vietnamese businesses are now focusing on training and development benefits rather than time and work support benefits," said Ms. Thanh Nguyen.
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