Overview of the HR market in 2022

Overview of the HR market in 2022

In 2022, following the severe impact of Covid-19, it is predicted that there will be more adaptable approaches to pandemic prevention and control, resulting in increased demand for workers in certain industries.

2022 – a prosperous post-pandemic human resource market
By December 2021, the labor market had rebounded, with over 95% of the workforce in export processing zones, industrial parks, and job centers re-entering the labor force. According to state agency statistics, demand for labor, particularly mid-and senior-level personnel, will increase in certain industries. The real estate sector is expected to grow rapidly in 2022, while the logistics and supply chain management industries are expected to set new trends.

HR Outsourcing - the perfect solution for businesses
According to statistics, the year 2022 will see a rapid increase in the trend of project-based recruitment in Vietnam's labor market. Maintaining current trends in the search for qualified project personnel capable of ensuring project participation until completion is another headache for the recruitment department.

Recruitment trends in 2022 are expected to focus on several prominent industry sectors, including: Commerce, information technology, finance-banking, consumer goods, real estate, information and communication, tourism – accommodation and catering services, electrical engineering - refrigeration - industrial electricity - electronics... The finance-banking industry will require a large number of human resources with expertise in information technology (IT) and sales. Numerous businesses will seek qualified personnel in the fields of artificial intelligence (AI), Big Data, crypto, and Blockchain. As a result, businesses must now concentrate on effectively catching up with new recruitment trends while also focusing on training to improve the quality of existing human resources in order to meet their plans and objectives.

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How to pick a cost-effective payroll service for your business

A right outsourcing payroll service can enable businesses to improve payroll processes, save costs, mitigate errors, and streamline data entry.

Payroll management can be complicated or straightforward, depending on the number of employees and relevant payroll processes. Small and large businesses often turn to payroll service providers to both avoid errors and ensure well-planned and effective payroll administration. As a result, selecting the best payroll service is of utmost importance. The real question is how to find a payroll service that is within your budget, yet allows you to have certain control over the processes. We have the answer for you.

Things to consider when choosing a cost-effective payroll service

Services and Fees

An outsourcing payroll service must ensure necessary HR activities such as calculating wages and keeping track of employee work hours, withholding deductions and taxes, printing and delivering checks or direct deposit and paying employment taxes. The main features of a payroll service include management of attendance, overtime work, allowances and leave, as well as report generation. Therefore, businesses should be aware of the fee for each service provided in order to allocate their budget properly and avoid incurred costs from unnecessary services.

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Top 9 recruitment channels that businesses can’t miss in 2021

 Top 9 recruitment channels that businesses can’t miss in 2021 

Finding the right candidates is a challenging task for businesses. Here are the nine best hiring channels for businesses in 2021.

The recruitment landscape is changing, and so are the employer branding strategies. Though approaches to recruitment can vary from business to business, some are mainly applied regardless of industry, position, or potential candidates. The combination of a variety of hiring platforms enables companies to target more candidates, reach new talent markets, and improve recruitment in either an active or passive way. The reason behind this is these widely used platforms have proved their efficiency in reaching out to potential candidates. Here are the top 9 hiring channels that businesses can’t miss in 2021.

Top 9 most effective recruitment channels in 2021

Staffing agency or Headhunter

A staffing agency is a good solution if you need to quickly fill a gap in your workforce or face tough competition that requires expert assistance. With extensive experience in locating possible candidates, staffing agencies may leverage talent networks to deliver the most appropriate sourcing for vacancies. As a result, if your company has to fill any essential positions or increase your human resources to keep up with market growth, partnering with staffing agencies is a suitable option.

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Three of top of mind human resource management trends

 Post COVID-19: 3 Top of mind human resource management trends

1/ Just in a short window of time, the COVID-19 has led to a dramatic change in the major functions of human resource management (HRM). While COVID-triggered crises are becoming less frequent and less severe, some businesses are still having trouble managing their employees during these testing periods. This article covers several HRM trends that businesses should keep in mind to adapt to the new normal in the post-COVID era.

2/ Develop comprehensive HRM strategies:

Changes in business trends post COVID-19 have created challenging situations for HR managers and HRM practitioners. As strategy development and workforce transition become more vital than ever, businesses need to rethink and re-evaluate their key people during and after the COVID-19. 

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HR outsourcing vs insourcing: Which is the better option?

HR outsourcing vs insourcing: Which is the better option?

Taking these following factors into account will enable businesses to make the best of both external and internal HR teams.

Recruiting the right talents or outsourcing HR services remains a topic of flexibility for companies as their business progresses. Weighing the pros and cons can be a headache. Here are some tips that can help you ensure the equilibrium between HR outsourcing and insourcing.

Consider HR outsourcing for essential tasks unmet by the in-house team

The need for external HR providers is obvious when some tasks demand specialized skills unable to be performed by internal employees. For example, it is reasonable to outsource HR with tech expertise to carry out some relevant business activities when your staff is not that tech-savvy.

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Recruitment Planning - New Beginnings

HR Professionals Agree Recruitment Plans

As we are reaching these year-end months, it's time to check the Recruitment toolkit and pull out the planning techniques.

Recruiting professionals and managers takes a lot of time and money.  Good HR professionals meet this challenge by having an overall recruitment plan or workforce plan detailing the time and location of recruitment activity throughout the year.  Of course you cannot plan for the unexpected, however agreeing ahead of time with your boss on the recruitment that you know about will make it easier to argue for more resources when the unexpected happens during the year.
If you have any questions, do not hesitate to contact HR2B Executive Search in Vietnam.

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Controlling Interview Nerves

How Not To Compete With Yourself

Whether you’re an engineer, a CEO, or a finance expert, interview nervousness can affect even the best-prepared job candidate. Here is some tips on how to deal with interview nerves.

1) Get the interviewer to talk first and give yourself time to calm yourself - for example ask...

• “How long have you worked here?”
• “I am curious - why did you join this company?”
• “Where did you work before here?”

2) Change your thinking. Think about the interview as a conversation between two professionals on a subject of mutual interest (your fit with the job that you are being interviewed for). Behave like an employee discussing your first work assignment.

3) Know your Interviewer. Use your network (or your headhunter) to find out who is going to interview you, not just the company name but the name of the person. Learn about their background. LinkedIn can help here, Google is good too. Study news articles and other facts about the company. Research the interviewer. See if you can find out their style so you know what to expect.

What do you do to control interview nerves? Post your methods and let’s comment on what works best. Join us on the blog,

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