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SEOUL, S.KOREA, July 16, 2013 - (ACN Newswire) - Expansion strategies by international firms for their smaller branches in Korea drove new hiring activity, according to the 2013 Robert Walters Half-year Market Update. New entrant and existing branch offices sought experienced professionals for newly-created positions to support their growth strategies in Korea. However, larger multinational firms slowed their new hiring and focussed on recruiting for replacement and up skilling their current staff.
While established firms continued to hire in comparatively larger volumes, small- and medium-sized branch offices generated proportionally more recruitment activity for new openings. In particular, a number of foreign technology vendors entered the Korean market in quarters one and two and sought bilingual professionals to fill new openings. Professionals able to develop new business were in the highest demand for functions such as account managers, pre-sales and business development professionals. Technical experience was also highly sought after, which created a worker shortage for technical sales, technical support and engineer positions.
Branches in the industrial and manufacturing sectors also recruited for experienced staff. Specialist product knowledge was required for most sales engineers and business development roles, which created a shortage of experienced candidates in the market.
While many smaller offices recruited for new openings, companies of all sizes continued to seek professionals with specialist abilities to up-skill their current teams. Companies within fast moving consumer goods and luxury retail were the most active with their replacement hiring through the first half of 2013. These employers recruited for marketing professionals at the junior- and mid-career level with specialised skills in areas such as e-commerce and digital marketing.
Anthony Modrich, Country manager of Robert Walters Korea said:
"Multinational companies with offices in Korea hired for new openings in order to grow their foothold in the market. While traditionally larger firms have provided most of the hiring volume, improved activity by the small- and medium-sized branches boosted competition for skilled, experienced professionals.
We are also finding a fluid labour pool developing as Korean professionals take a more proactive approach to their careers. Growing competition for skilled workers and a preference for performance-oriented business cultures has led to more workers open to changing jobs. It is now becoming common for professionals in Korea to change jobs multiple times in a career."
For more detailed information on this or other industries in Japan, download the report at http://www.robertwalters.co.kr/en/for-employers/recruitment-advice/market-update.html .
About Robert Walters Korea ( www.robertwalters.co.kr )
Robert Walters Korea is the leading specialist recruitment consultancy for companies seeking bilingual professionals across all levels of seniority in accountancy, finance, IT, sales and marketing. Since our first office opened in London in 1985, the Group continues to use its distinct advantages of size, proven track record and unparalleled network to provide tailored recruitment solutions.
For more information please contact:
Ambrose Lau, PR Specialist
t: +81 (0)3 4570 1513
e: ambrose.lau@robertwalters.co.jp
Topic: Research / Industry Report
Source: Robert Walters
Sectors: E-commerce
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From the Asia Corporate News Network
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