Updated on 12 June 2013
High turnover - For organizations, costs are not going up only because of high salary demands, but also in training employees who quickly switch over to another company. Once new employees are given the skills and training to enhance their worth for a specific job function, we often see them move on to a new company as there they can negotiate for a much higher salary. This underlines the need for a clear and comprehensive retention strategy.
Communication skills - Companies find it difficult to find people who are professionally proficient in both, the native language as well as English.
Recruitment in remote areas - It is challenging to find talent in remote areas and an even bigger challenge is to attract candidates who are willing to relocate. This tremendously affects the ability for companies to grow. For example, skilled professionals for places like Pontianuk or Makassar in Indonesia or Can Tho in central Vietnam, are very hard to find, and attempts at staff relocation there have been a challenge.
Therefore, organizations need to have clear candidate attraction strategies in place and perhaps, more importantly, initiatives to retain their top talent.