MNCs lose head-hunting edge: survey

TN News

Email Print

Multinational companies in Vietnam no longer have as many advantages they used to in the past in hiring senior staff, according to a recent survey by recruitment firm Navigos Search.

The survey was conducted among more than 4,800 senior-level employees in both domestic and multinational companies in Vietnam from January 24 to March 15.

Similar surveys in previous years had showed that local employees viewed multinational companies as employers of choice, offering better working environment, salaries and career prospects.

In this year's survey, however, only 14.3 percent of the participants said their employer of choice would be a multinational company.

The most desirable quality of an employer, the survey found, was a good leadership team. Seventy-six percent of the respondents agreed that this was the primary consideration.

Seventy-five percent of the respondents chose a good working environment as their main criterion for chosing their employer.

"We think that there is a shift in candidates' attitude," said Nguyen Thi Van Anh, Managing Director of Navigos Search.

"It might be because the consistent growth that domestic companies have even during the economic downturn," she said, adding that domestic companies have significantly improved and are "offering lots of good career prospects to candidates."

Besides, "many local senior candidates have hit the ceiling at multinational companies and want to shift and contribute to domestic companies," she said.


More Business News