Saturday, 28/03/2009 15:12

Drug firms find it hardest to hire personnel

The pharmaceutical industry faced the highest attrition rate in the first quarter of this year, a survey by TalentNet Corporation and Mercer found.

The industry had a rate of 23.3 percent compared to the overall 16.4 percent, the two human resource services firms said in their report.

They surveyed 124 companies in sectors like consumer goods, high technology, insurance, banking and finance, pharmaceuticals and healthcare, chemical and oil and mining.

Many drug firms said they found it hard to hire managers, the report said without further explanation.

The second highest attrition rate was in chemicals at 19.7 percent and the lowest was in oil and mining at 10.3 percent.

Other respondents found it challenging to find both managers and staff for finance, sales and marketing.

Half the respondents plan to maintain their head count but 40 percent will recruit in the next 12 months.

The number of businesses implementing a wage freeze jumped from two last year to 10 this year. Nine of them have frozen wages across the board while the other has done so only at the executive level.

Mercer is a global provider of consulting, outsourcing, and investment services while TalentNet is a Vietnamese HR consultancy.

Minh Quang

thanhnien

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