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Newsletter Issue : 3 | Date: 19/07/2006
HR MATTER

Supply Chain jobs in high demand 

 

Exports continue to be the pillar of strength for Thailand

While other sectors struggled in a difficult environment, export performance was scarcely dented in the first half of this year and posted a 15% growth over last year. The baht’s appreciation has not affected competitiveness as most other regional currencies soared by a similar amount. Driven by significant world economic growth, the future of Thailand remains bright.

On the recruitment front, we saw a steady strong performance of supply chain management jobs (planners, merchandisers, purchasing managers, sales export, logistics ,quality)of all experience and proficiency levels

 

Exports have moved up the value chain

From labor-intensive products that required low skills to make, we see now computers and parts, automotive components, electrical circuits topping the list and account for close to 40% in export value.

In our practice, we see the quality of candidates in Supply Chain and related fields matching international standards with gradually build up expertise in challenging environments. Needless to say they boost good command of at least two languages (Thai/English) and some with Japanese or Mandarin as an add-on.

 

China is now the third largest importer of Thai goods

Contrary to previous concerns, the emergence of China as the world’s fastest growing economy has helped rather than hurt Thailand. Machinery and parts took the bulk of the Chinese exports together with rubber. Most of these are supplies to larger production networks, with (manual) assembly located in the PRC.

Gemini’s geographical strengths in these markets, makes us uniquely well-equipped to help companies cross the borders between Thailand, China and Hong Kong

 

 



Salary increments for Thailand in 2007

Although it is still early in the budgeting season, we receive more and more questions on the outlook for 2007. We haven’t done systematic checks in the market.

But here is our 2 satang worth opinion: with oil prices remaining high, inflation will not crumble- and unfortunately the GDP growth rate comes in lower every month.

Like in 2005, this year will see higher inflation than growth. For the second year in a row average interest rates on savings account in Thailand, will be lower than inflation!

This means companies will have ZERO to negative (lower than inflation) room for base salary increments and the average will probably settle around GDP growth (like in 2006); current prediction is 4.02 to 4.9%.

 



INSIDE

Myers-Briggs Type Indicator (MBTI)

Personality typing is a tool with many uses: in our practice we receive regular questions from clients to provide an expert opinion on a candidate’s personality and how she/he will approach the job. Rather than relying solely on track record and personal observations, we will discuss the use of the MBTI with the candidate as a way for self- discovery and as a way to provide more structured information about his or her preferences to the client. Outcomes are extensively discussed with the candidate to indicate development opportunities.

MBTI provides information about the primary mode of operation of a person. The combination of four "preferences" defines our personality type.  

At Gemini Thailand we are certified to administer the test in house and have extensive experience with interpretation and debriefing of the results. More than 2 million assessments are administered to individuals—including employees of many Fortune 500 companies—annually in the United States alone.

 

 



PRESS

Isabel Myers Briggs,Gifts Differing,Consulting Psychologists Press.


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