Jobsdb by SEEK reveals Strategies to help SMEs attract high-quality candidates and supports business expansion

Economy News Monday May 20, 2024 09:41 —PRESS RELEASE LOCAL

Jobsdb by SEEK reveals Strategies to help SMEs attract high-quality candidates and supports business expansion

Jobsdb by SEEK recommends Strategies for SMEs to attract the right candidates by focusing on proactive recruitment and emphasizing employer branding to support business expansion. A survey revealed that small and medium-sized companies are likely to increase hiring by up to 54%. Meanwhile, 59% of medium-sized companies prioritize employee retention by indicating a trend of continuous business growth.

Khun Duangporn Prom-on, Managing Director of Jobsdb by SEEK, revealed that Jobsdb by SEEK survey collecting data from 685 companies across various industries and job positions in Thailand found that in the first half of 2024, most of the surveyed companies (51%) of all sizes are likely to increase their workforce. This indicates a positive employment trend and a focus on growth. Notably, small businesses (with up to 50 employees) play the most significant role in this hiring increase, with 54% of companies aiming to expand their staff, demonstrating confidence in growth opportunities and the need for more personnel. Meanwhile, 59% of medium-sized companies (with 51-99 employees) may not intend to increase their workforce but prioritize retaining them, indicating a tendency to operate without significant downsizing or major disruptions.

Considering the job market situation in Thailand, contract and temporary staff remain important and are in strong demand. Even though many companies are increasing the number of permanent employees, they still feel that contract or temporary employees are essential to their business.

Additionally, the survey found that the hiring rate for contract or temporary staff has significantly increased for small businesses, while larger enterprises plan to reduce their hiring. The number of permanent and temporary employees is a crucial factor that businesses need to consider to meet their business objectives.

"The main reasons employers seek to hire more contract and temporary employees include business expansion, proper staff management, and reducing employee-related costs. Therefore, contract and temporary hires are in high demand in the labor market, especially among medium and small businesses or SMEs, to remain competitive in finding the right talent.Hence, it is essential to seek candidates with skills that best match the job requirements, and there should be a shift towards more proactive recruitment methods," added Khun Duangporn Prom-on, Managing Director of Jobsdb by SEEK.

Therefore, it is crucial to contact and reach out to potential candidates before competitors. Jobsdb by SEEK has developed the "Talent Search" feature to assist in selecting job applicants with the most suitable qualifications for employers' needs. It is designed to be user-friendly, convenient, and faster, facilitating proactive candidate search. This feature enables employers to search for candidates with appropriate skills from a database of over 40 million job seekers.

Furthermore, another aspect that SMEs should prioritize is their corporate image, especially in times of fierce competition to attract the most suitable talent. Therefore, emphasizing the importance of building the corporate brand is crucial in attracting job seekers' interest with a standout company image. Additionally, the resurgence of the job market is an excellent opportunity for business branding development. Jobsdb by Seek provides full assistance to organizations with the "Branded Ad" solution, enabling job seekers to see and visit the company's website. Besides tangible returns, values of business success in diversity, equality, and environmental responsibility are equally significant reinforcing the importance of your company's image.

"However, there should be an internal organizational assessment to choose the most suitable hiring model, whether hiring permanent employees or contract and temporary staff. This is a crucial factor, especially for SME business owners who need to control costs to ensure the business's continued operation, effectively" concluded Khun Duangporn, wrapping up her statement.

"To experience the new platform of Jobsdb by SEEK, you can visit https://th.jobsdb.com/ or download the application from Google Play Store or the App Store."

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