thailand country report: join study in vietnam
DESCRIPTION
Country Report for the Joint Study Workshop on “Attraction, Development & Retention of Young Talent - Comparative Perspective among Asian Countries: The Need for Strategic HRM/HRD Approach in the Era of Globalization”TRANSCRIPT
THAILAND REPORT
Website: http://www.ecot.or.th
Approach in the Era of
Globalization
The need for study HRM &HRD
Website: http://www.hrchonburi.or.th
Attraction, Development & Retention of
Young Talent - Comparative Perspective
among Asian Countries:
Presented by:
Sakda Hwankaew (Mr.)HR and Admin Department ManagerTIPS (Terminal B4), Laem Chabang Port
HANOI, VIETNAM
04/08/2023 The need for study HRM/HRD Approach in the Era of Globalization 2
Best Practice
Labor Market Situation
Local companies • Top Trend Manufacturing Co.,Ltd.
Multinational companies • Thai Summit Harness(Pucblic)
Co.,Ltd.• TBKK (Thailand) Co.,Ltd.
Future Challenge • HRD Strategies by HAY survey
• Motivating and Retaining Talented young People
• Employment & Unemployment
• Labor shortages and Redundancy in Thailand
• Turnover Rate• Impact from Minimum
Wage
04/08/2023 The need for study HRM/HRD Approach in the Era of Globalization 3
Y2008 Y2009 Y2010 Y2011 Y2012
1.4 1.6 1.0 0.9 0.6
Thailand Unemployment Rate %
0
1
23 4
56
7
8
20080
1
23 4
56
7
8
2012
GDPSource: Bank of Thailand
Subprime Crisis Tsunami CrisisThai FloodGDP = 1%
Gross Domestic Product
GDP growth projection2013 = 4.6%
5.7%2.5%
04/08/2023 The need for study HRM/HRD Approach in the Era of Globalization 4
Y2008 Y2009 Y2010 Y2008 Y2009 Y2010
Popu-la-tion
66320.5 66876.3 67275.3
Labour Force
37670.044 38453.8725 38616.0222
Employed
37006.839 37718.2332 38010.5445
% Unemployed
1.4% 1.6% 1.0%
0.1%
0.3%
0.5%
0.7%
0.9%
1.1%
1.3%
1.5%
1.7%
5,000
15,000
25,000
35,000
45,000
55,000
65,000
1.4%
1.6%
1.0%
Population by Labor force Number in thousand
56.6% 57.5% 57.1%
75%
Need
38.6
1.1
14.7 25.9
6.0 13.3
PERCENTAGE OF EMPLOYED PERSONS
AGED 15 YEARS AND OVER BYINDUSTRY: 2008 - 2010
Agriculture Fishing ManufacturingServices Construction Other
Source: Key Statistics of Thailand 2012, The Labor Force Survey Whole Kingdom, National Statistical Office
expectation
04/08/2023 The need for study HRM/HRD Approach in the Era of Globalization 5
PE EE LS US UG GD0
10
20
30
40
50
60
70
80
90
100
21.69
38.19
14.33
16.32
8.99
0.48
PERCENTAGE OF STUDENT IN PRIVATE INSTITUTION
BY GRADE : ACADEMIC YEAR 2009
PE EE LS US UG GD0
10
20
30
40
50
60
70
80
90
100
10.81
36.39
21.14
13.89
16.23
1.55
PERCENTAGE OF STUDENT IN PUBLIC INSTITUTION
BY GRADE : ACADEMIC YEAR 2009
PE: Pre-Elementary EducationEE: Elementary EducationLS: Lower Secondary Education
US: Upper Secondary EducationUG: Undergraduate degree and belowGD: Graduate degree
Shortage
Over Supply
11,543,048 persons
2,455,280 persons
Source: Key Statistics of Thailand 2012, The Labor Force Survey Whole Kingdom, National Statistical Office
9,360,119 persons
StudentEmployee
+
LS: employed=52.1%
EE: employed=74.8%
US: employed=64.3%
UG: employed=83.9%
PE: employed=59.8% Labor force participation rates
Thailand Labor Situation in Y2009
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Skill mismatch & Skill shortage (Y2008)
Labour market segmentation
Total
SL: Secondary/Lower, Vo: Vocational, Hi-Vo: high Vocational, BA: Bachelor
SL Vo Hi-Vo BA
Demand Shortage
Figure 5: Labour Demand and Shortage
Figure 6: New graduate entry to labour market
Vo Hi-Vo BA / Master
Labour Demand by Region Labour Demand by Sector
Labour Shortage by Region Labour Shortage by Sector
Source: Bank of Thailand
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Y2008 Y2009 Y2010 Y2011 Y2012(Sep)
Enterprises 382170 389953 395924 404195 408452
Increase 7783 5971 8271 4257 NaN
367,500
372,500
377,500
382,500
387,500
392,500
397,500
402,500
407,500
412,500
Y2008 Y2009 Y2010 Y2011 Y2012(Sep)
Employees 9293600 9360119 9702833 10499993 11515752
Increase 66519 342714 797160 1015759 NaN
1,000,000
3,000,000
5,000,000
7,000,000
9,000,000
11,000,000
Source: Social Security Office
Number of Enterprise and Employee
Source: Institute for Population and Social Research, Mahidol University
Number of Population
Y2000
Y2020
04/08/2023 The need for study HRM/HRD Approach in the Era of Globalization 8
Const
ruct
ion
Tran
spor
t
Retai
l
Plas
tic R
ubbe
r
Comm
ercial
Elec
troni
cs
Auto
Parts
Iron
and
Met
al
Food
and
Bev
erag
e
Other
0
5
10
15
20
25
0
5
10
15
20
25
11 8 8 21 11 13 19 6 10 13
13.97
8.767.97
23.61
14.57
19.43
9.26
15.12
16.85
12.9614.03
Turnover Rate by Sectors Year 2011
Company Average % T/O
Source: PMAT(Personnel Management Association of Thailand)
04/08/2023 The need for study HRM/HRD Approach in the Era of Globalization 9
Industrial Turnover Rate Year 2011 vs. 2012 (%)
0
5
10
15
20
25
0
5
10
15
20
2523.6
19.43
15.1216.85
14.03PMAT 9.9
2.28
3.97
EPMA 23.64
Source: PMAT-Compensation & Benefits Survey 2011-2012 n=120 , EPMA n=21
Y2012
Y2011
Avg. PMATAvg. EPMA
Supervisor Manager
High labor
cost
Huge of labor shortage
No investment
Layoff Reduce to hire
graduate
High cost of
living
Multi skills labor
Outsourcing
2012-2013
2015 Foreign Labor
Labor free flow
Move to low cost
country
04/08/2023 The need for study HRM/HRD Approach in the Era of Globalization Slide 10
Impact from new minimum wage and starting rate
1st April 1st January
Foreign
Labor Employer’s
Strategies
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• Thai Summit Harness(Public) Co.,Ltd.• TOP TREND MANUFACTURING CO.,LTD.• TBKK (Thailand) Co.,Ltd.
Show & Share
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Established : Oct 18,1979 (23 years)Registered Capital : 290 MBAnnual Sales : 4,000 MB President : Mr.Thanathorn Juangroongruangkit
Employee : 3,125 Persons Total Area : 24,368 square metersProducts : Automotive Wire Harness Forklift Wire Harness Motorcycle Wire Harness Sub Harness Tractor Wire Harness
Thai Summit Harness(Public) Co.,Ltd.
Before we build parts, We build people.
Target/year 20 activities
Target of Employees
100 % participation
Indicator Attitude survey score ( 80%)
04/08/2023 The need for study HRM/HRD Approach in the Era of Globalization 13
Japan Offi ce(Branch)
Global Harness TechnologyThai Summit Tape
Subsidiary
Thai Summit Connector Thai Summit Component
Motorcycle
Automobile
Sub Harness
Cable84%
Bat-tery10%
PVC Tape6%
Terminal51%
Connector
44%
Component
5%Mould14%
In-jec-tion56%
Trading13%
Others17%
70%
82%
76% 42% 100%
Support MMC as SE on
Engineering and Running
Change, working on
Circuit Diagram and Lay Out.
Background (Headquarter & Subsidiary)
Thai Summit Group Established : March 16, 1977Annual Sales : BHT 30,000,000,000 (Year 2006) USD 846,000,000President : Dr.Somporn JuangroongruangkitEmployees : 21,000 PersonsOperation : Motorcycle Parts
: Automobiles Parts: Agricultural Engine Parts: Electrical Appliances Parts : and Other Businesses.
Oversea Operations : Regional network (13 companies & 1 Rep. office )
Joint Venture Business in Thailand ( 13 Companies )
Thai Summit Owned Business Group in Thailand ( 22 Companies )
04/08/2023 The need for study HRM/HRD Approach in the Era of Globalization 14
Thai Summit Harness(Public) Co.,Ltd.
http://www.thaisummit-harness.co.th/
Program
23 Years3,125 People
HRM&HRD
Knowledge & Skill
Development
English learning for AEC
Organization Engagement Program
Web HR Service Center Development
Maintain Happy workplace & Employee
Relation Activity
Management Participation
KM Knowledge on Internet / Smart Phone / Tablet
CSR
Happy8
Safety
4G
2012
2013
20132014
2015
04/08/2023 The need for study HRM/HRD Approach in the Era of Globalization 15
Before we build parts, We build people
04/08/2023 The need for study HRM/HRD Approach in the Era of Globalization 16
Established : June 1, 1989Employees : 1,348 PersonsProducts : BOTTLE l COMPACT CASE l COSMETIC ACCESSERIES l R l LIP l TUBE
04/08/2023 The need for study HRM/HRD Approach in the Era of Globalization 17
Good people, Good Company, Good society is a policy for Happy Workplace
Happy Workplace
http://www.toptrendmfg.co.th
To Be Number One
Employee Engagement
The first-ranked staffs without drug
We always focus on how to make our employees happy and have positive attitude towards themselves and the company.
2006
20102012
1989
TOP TREND MANUFACTURING CO.,LTD.
2008
Thai Company
23 Years1,348 People
Cosmetic Accessories
PlasticVision:To build up a deep and
sustainable supply chain for a
prosperous future
Mission:To serve customer needs agilely at its best possible way
•Community Of Practice• Friend help friend•Education in Factory•Happy Money•Scholarship•etc
“No union, good welfare”
04/08/2023 The need for study HRM/HRD Approach in the Era of Globalization 18
Employee satisfaction = 2012(90%)Turnover rate = 2005(10%), 2006-2012(5%)
Key success factors: Established Employer Branding
04/08/2023 The need for study HRM/HRD Approach in the Era of Globalization 19
http://www.tbkk.co.th
“Homogeneity & Fairly” (บ้�านแห่�งความเป็�นธรรม) Company aims to acts to all members in organization as a family with faire management through unity and incentives.
Established : 28 March 1990 (22 years)Employees : 352 PersonsAnnual Sales : 2,500 MBProducts : Manufacturer of brakes and engine components for all vehicles
Joint Venture: Thai + Japan
TBKK (Thailand) Co.,Ltd.
04/08/2023 The need for study HRM/HRD Approach in the Era of Globalization 20
Turnover rate
Safe
ty C
om
mit
tee
En
vir
on
men
t C
om
mit
tee
5s C
om
mit
tee
Kaiz
en
Su
gg
esti
on
Wh
ite F
acto
ry C
om
mit
tee
CC
CF C
om
mit
tee
Welf
are
Com
mit
tee
Team (Trust Energetic and Mutually )
Fairly(Fair-Ability-Integration -Reliability-legally)
The Power of Continual Development
2008 = 3.0%2010 = 0.96%2012 = 0.77%)
04/08/2023 The need for study HRM/HRD Approach in the Era of Globalization 21
YEAR 2012HRD Strategies in Thailand
Thai Shipowners' Association26/09/2012 22
THANK YOUFOR ATTENTION!
Mr.Sakda HwankaewMobile: (66) 81 576-5046Email1: [email protected] Email2: [email protected]: [email protected]