Why do talented technology staff leave?

Technology firms say that it is difficult to recruit and retain talent because technology engineers have many job choices now.

“Our company was the promising land for many young people. However, in recent years, we at times lost 30 percent of the staff because the working environment is not enough for young people to be creative,” said Nguyen Cong Ai, deputy CEO of KPMG Vietnam.

Why do talented technology staff leave?



A survey by KPMG of 3,000 CEOs of IT firms all over the world found that the scale of businesses is not the decisive factor to help retain workers, but instead is the creative working environment.

Small businesses have bigger advantages than big businesses because talents can show their skills and have more opportunities.

“Our IT staff is trained very well. However, in recent years, they have been lured by technology startups. We have lost 30 percent of personnel at some moments,” he said

A survey by KPMG of 3,000 CEOs of IT firms all over the world found that the scale of businesses is not the decisive factor to help retain workers, but instead is the creative working environment.

Ai commented that the working environment for young people to create wad more important, and workers sometimes do not leave because of money.

 


Nguyen Ba Quynh, CEO of Hitachi Consulting, said after being taken over by Hitachi Group, Global Cybersoft has up to 1,000 engineers. A high number of them left because the working environment became no longer suitable.

Quynh believes that in order to retain IT workers, there must be cooperation among three parties – the state, businesses and individuals – to create the best environment for creativity.

The state needs to create a fair playing field for businesses, while businesses should encourage their employees to create new things based on creativity stimulus models.

Hung Nguyen, CEO of LogiGear, cited a report as saying that the software outsourcing now can bring 20-25 percent of businesses’ growth, while the fields with creativity can bring double growth rate, and in the future, the technology fields with high brain content will see higher growth rates.

TMA Solutions’ president Nguyen Hung Le, who has invested in the software industry for 20 years, commented that human resources are the biggest asset of Vietnam with high number of young people who have good IT skills.

The noteworthy thing is that universities nowadays set very high requirements on input students for IT major. This brings the hope that the quality of IT majoring graduates will be improved in the future and Vietnam will have better human resources in the field.

In related news, the 2019 IT human resources report by Navigos showed that the average pay to the engineers developing software related to AI is $1,844 a month.

Linh Ha 

Binh Duong: Taiwanese FDI firms struggle to recruit workers

Binh Duong: Taiwanese FDI firms struggle to recruit workers

Taiwanese FDI firms in the southern province of Binh Duong reported that they are having troubles recruiting workers, in a meeting with local administration on August 21.

PM Phuc speaks with Japanese businesses about training IT workers

PM Phuc speaks with Japanese businesses about training IT workers

Efforts to develop an information technology (IT) workforce were highlighted during a dialogue between Prime Minister Nguyen Xuan Phuc and representatives of leading Japanese technology groups in Japan on Friday.  

 
 

Other News

.
Social insurance policy - Welfare fulcrum of the people
Social insurance policy - Welfare fulcrum of the people
SOCIETYicon  01/06/2020 

On May 23, the Vietnam Social Security (VSS) and the Vietnam Post (VNPost) jointly organized the launching ceremony to respond to the month-long campaign that calls for people to participate in voluntary social insurance.

Comprehensive reform of social insurance propaganda
Comprehensive reform of social insurance propaganda
SOCIETYicon  14/06/2020 

The goal is to have 100% of officials, party members and employees be informed of the contents of the reformed social insurance policy.

Thu Thiem project: HCMC seeks to penalize violators
Thu Thiem project: HCMC seeks to penalize violators
SOCIETYicon  05/07/2020 

HCMC is set to report a plan to penalize 66 officials who committed violations related to the Thu Thiem New Urban Area in the city’s District 2 to the Inspection Commission of the Party Central Committee this month.

Hundreds of foreigners likely to enter HCMC for work
Hundreds of foreigners likely to enter HCMC for work
SOCIETYicon  05/07/2020 

The HCMC government has written to the Immigration Department under the Ministry of Public Security to allow 437 foreign experts, managers, skilled workers and investors to enter Vietnam for work.

Binh Dinh households face water shortage
Binh Dinh households face water shortage
SOCIETYicon  05/07/2020 

Thousands of households in central Binh Dinh Province’s My Chanh Commune have been living without tap water for years and must buy clean water for daily use.

Diphtheria vaccination to be offered for under-7 children
Diphtheria vaccination to be offered for under-7 children
SOCIETYicon  05/07/2020 

All children under seven years old in Việt Nam will be given free vaccination against diphtheria.

Vietnam supports Laos in education
Vietnam supports Laos in education
VIETNAM & WORLDicon  05/07/2020 

A new secondary school has been recently inaugurated in Bounneua district in Laos’ Phongsaly province as a gift from the Vietnamese Government, the Vientiane Times reported on its July 3 issue.

Da Nang: Nam O fish sauce making recognised as intangible cultural heritage
Da Nang: Nam O fish sauce making recognised as intangible cultural heritage
SOCIETYicon  05/07/2020 

The People’s Committee of Lien Chieu district in central Da Nang city held a ceremony on July 4 to receive a certificate recognizing Nam O fish sauce making as a national intangible cultural heritage.

Government Decree on entry and exit of foreigners into Vietnam
Government Decree on entry and exit of foreigners into Vietnam
SOCIETYicon  03/07/2020 

The Vietnamese Government has recently promulgated Decree No 75/2020 providing details for a number of articles belonging to the Law on amendments and supplements and a number of articles

Over 70% of high school graduates apply for universities
Over 70% of high school graduates apply for universities
SOCIETYicon  03/07/2020 

640,000 students who have just taken high school graduation exams have sent applications to universities nationwide this year according to the Ministry of Education and Training.

270 Korean experts enter Vietnam, work for LG Group
270 Korean experts enter Vietnam, work for LG Group
SOCIETYicon  03/07/2020 

Vietnam Airlines flight VN9417 carrying 270 experts from Incheon International Airport in the Republic of Korea landed at Cat Bi International Airport in Hai Phong port city on July 2.

Latest Coronavirus News in Vietnam & Southeast Asia July 3
Latest Coronavirus News in Vietnam & Southeast Asia July 3
SOCIETYicon  03/07/2020 

Vietnam attends UN Security Council’s Open Debate on Pandemics and Security

Carlos Ghosn: Japan ask US to extradite ex-Green Beret and son over Japan escape
Carlos Ghosn: Japan ask US to extradite ex-Green Beret and son over Japan escape
SOCIETYicon  03/07/2020 

The ex-soldier and his son are held in the US for allegedly helping the ex-Nissan boss flee Japan.

Outrage as Indian judge calls alleged rape victim 'unbecoming'
Outrage as Indian judge calls alleged rape victim 'unbecoming'
SOCIETYicon  03/07/2020 

An Indian judge is under pressure to delete comments from a court order that questioned the behaviour of a woman who alleged she was raped.

Winners of New Zealand scholarships 2020 announced
Winners of New Zealand scholarships 2020 announced
SOCIETYicon  03/07/2020 

Education New Zealand (ENZ) has announced 22 Vietnamese winners of the New Zealand Schools Scholarships (NZSS) 2020, with recipients offered 50 percent off tuition fees for their first year of study in New Zealand.  

Drug prevention forces try to combat new drugs and crimes
Drug prevention forces try to combat new drugs and crimes
SOCIETYicon  04/07/2020 

Colonel Vu Van Hau, deputy head of the Investigation Police Department on Drug-related Crimes talks about the drug crimes.

Save a cup, save the environment
Save a cup, save the environment
SOCIETYicon  04/07/2020 

Bringing your own reusable cup to buy takeaway drinks helps cut down on single-use plastic. But what if you forget to bring it one day?

Vietnam makes progress in public budget accountability
Vietnam makes progress in public budget accountability
SOCIETYicon  03/07/2020 

Vietnam’s Government and Ministry of Finance has made efforts to realise its commitments on public budget accountability and gained increased confidence from people and development partners regarding budget management,

Coronavirus: Texas governor mandates wearing of face masks
Coronavirus: Texas governor mandates wearing of face masks
SOCIETYicon  03/07/2020 

Warning of some intensive care units nearly full, Greg Abbott says the outbreak is "getting worse".

Children need four diphtheria shots
Children need four diphtheria shots
SOCIETYicon  03/07/2020 

The General Department of Preventive Medicine has urged parents to be sure their children have a total of four diphtheria vaccine shots taken at the proper times. 

 
 
 
Leave your comment on an article

OR QUICK LOGIN