News
Continued Resignation Trend in the Tech Sector: Employee Priorities Shift
Resignation Rates Remain High in the Technology Sector
The trend of resignations that began in 2022 within the technology sector shows no signs of slowing down. A recent survey conducted by the Adecco Group indicates that 27% of workers across 25 countries plan to leave their current jobs within the next year, reflecting a significant shift in employee priorities and expectations.
Global Resignation Trends: A Closer Look
The phenomenon known as “The Great Resignation” has persisted for over two years, with varying resignation rates worldwide. Notably, China reports a lower resignation rate of just 14%, while countries such as Australia (33%), Switzerland (32%), and various Eastern European and MENA countries (31%) experience some of the highest rates. This disparity emphasizes the global nature of this trend and its impact on workforce dynamics.
Work-Life Balance: The Top Priority for Employees
According to the survey, achieving a healthy work-life balance is the foremost priority for employees, with nearly 40% citing it as essential for job satisfaction. Although competitive salaries are still significant, they are no longer the sole factor determining job fulfillment. Companies must now focus on enhancing employee well-being and fostering supportive work environments to retain talent.
The “Quitfluencer” Effect: Social Influences on Career Decisions
The survey also identified a notable trend termed the “Quitfluencer” effect, where employees are inspired by colleagues and social media to reevaluate their career paths. Approximately 70% of respondents acknowledged that witnessing others resign prompted them to consider their own employment situations, with 50% ultimately deciding to leave their jobs within a year. This trend is corroborated by LinkedIn’s Workforce Confidence Index, revealing that Gen Z employees have changed jobs 134% more frequently than in 2019.
Toxic Work Environments Fueling “Revenge Quitting”
Research from Businessolver highlights that 42% of all respondents and 52% of chief executives reported working in toxic environments characterized by burnout, unrealistic expectations, and a lack of empathy. This toxic atmosphere has led to a phenomenon known as “revenge quitting,” where employees intentionally leave their jobs as an act of defiance against unfavorable conditions. Business psychologist Edel Holliday-Quinn explains that feelings of burnout and undervaluation contribute significantly to this trend.
Younger Generations Demand Change in Workplace Culture
Younger generations, particularly Gen Z, are increasingly intolerant of outdated workplace cultures that lack flexibility and career progression opportunities. They prioritize meaningful work, work-life balance, and a strong sense of purpose in their careers. Holliday-Quinn warns that companies failing to adapt to these evolving expectations will struggle to attract and retain top talent.
Anticipating Workforce Shifts in the New Year
As we move into the new year, significant shifts within the workforce are anticipated. To retain valuable employees, companies must prioritize job satisfaction, address work-life balance concerns, and cultivate a culture rooted in empathy and respect. Adapting to these changes will be crucial for organizations aiming to thrive in an increasingly competitive job market.
News
Thailand Post Announces Postage Fee Increases Amid Rising Operational Costs
Thailand Post Implements Second Rate Hike in Three Years
Thailand Post has officially announced the second phase of service charge increases, following a previous hike in 2022. This adjustment comes as the state enterprise grapples with rising operational costs that have impacted its financial sustainability.
Historical Context of Rate Adjustments
The 2022 rate changes marked the first increase in over 18 years, reflecting the significant economic pressures faced by the organization. The new rates will apply to a variety of services, including envelope letters, packaged letters, registered envelope letters, printed goods, postcards, and parcels.
Encouragement to Use Eco Post Service
In light of the new pricing structure, Thailand Post has encouraged customers to consider using the Eco Post service as a more economical alternative to registered mail. Eco Post provides a cost-effective option while still allowing customers to track their shipments effectively.
Navigating Economic Challenges
As Thailand Post adjusts its service fees, it highlights the ongoing challenges within the postal industry amid rising costs and evolving market demands. Customers are urged to stay informed about these changes and explore alternative services that may better suit their needs during this transition.
News
Chevron Thailand Donates 666,000 Baht for Southern Thailand Flood Relief Efforts
Chevron’s Generous Contribution to Flood Relief
Chevron Thailand Exploration and Production, Ltd. has made a significant donation of 666,806 baht to the Thai Red Cross Society to support flood relief efforts in southern Thailand. The donation was presented by Pornsuree Konanta, Vice President of Corporate Affairs, and received by Janprapa Vichitcholchai, Deputy Director of the Fund-Raising Bureau.
Impact of Severe Flooding in Southern Thailand
The southern region of Thailand has been severely affected by heavy rainfall since November 2024, particularly in provinces such as Nakhon Si Thammarat, Phatthalung, Satun, Pattani, Yala, and Narathiwat. This contribution aims to aid communities that have experienced significant hardships due to flooding.
Part of the “Chevron Humankind” Initiative
This donation is part of Chevron’s decade-long initiative known as “Chevron Humankind,” which encourages employees to engage in charitable activities. Under this program, Chevron matches employee donations twofold. This year, the company matched employee contributions to the Thai Red Cross Society, resulting in a total donation of 666,806 baht dedicated to assisting flood-affected areas.
Previous Contributions to Support Local Communities
In December 2024, Chevron also donated 100,000 baht to the Nakhon Si Thammarat Journalists Association. This funding supports the Pracha Ruamchai Foundation’s mission to provide essential food and drinking water to flood victims in Nakhon Si Thammarat, ensuring that urgent assistance reaches those in need.
Commitment to Corporate Social Responsibility
Chevron’s proactive approach highlights its commitment to corporate social responsibility and community support during times of crisis. By providing financial assistance and encouraging employee involvement in charitable efforts, Chevron demonstrates its dedication to making a positive impact on the lives of those affected by natural disasters in southern Thailand.
News
250 Thai Job Seekers Left Stranded at Suvarnabhumi Airport in Scam
Job Seekers Deceived by Fraudulent Brokers
Approximately 250 individuals were left stranded at Suvarnabhumi Airport on Saturday after being promised employment opportunities in Australia and Israel by job brokers. The disappointed job seekers reported that they collectively paid around 12 million baht in broker fees.
Formal Complaints Filed with Authorities
On Monday, fifty of the affected individuals took action by filing formal complaints with the Central Investigation Bureau (CIB). One victim, Narongchai, 42, disclosed that they had paid between 60,000 to 120,000 baht each to a woman known as “Ms. Aoy” to secure various job placements in Australia.
Promises of Work in Israel
Other victims, who also filed complaints with the airport police on Saturday, claimed they were promised jobs in Israel. Ms. Aoy appeared at the airport and stated that she had transferred the victims’ funds to another individual named “Ms. Fa,” who allegedly worked at a foreign embassy and claimed to facilitate overseas job placements for Thais.
Ms. Aoy’s Claims and Victims’ Frustration
Ms. Aoy assured the victims that she would present the visas she arranged for them to the Crime Suppression Division on Monday to prove her innocence. However, as of Monday morning, the victims were unable to contact her, exacerbating their frustration and concern.
Government Response and Warnings
Government deputy spokesman Karom Ponpornklang announced that the Department of Employment and the Ministry of Labour were assisting victims in filing their complaints with the CIB’s Anti-Trafficking in Persons Division. The Ministry has also instructed the airport labor checkpoint to closely monitor job brokers for illegal activities.Karom emphasized that Thai citizens seeking work abroad must do so legally and should thoroughly vet brokers before handing over any money. He reiterated that overseas job agencies must be approved by the Department of Labour to ensure legitimacy.
A Call for Vigilance Among Job Seekers
This incident serves as a stark reminder for job seekers about the importance of verifying the legitimacy of job offers and brokers. As authorities investigate this scam, it highlights the need for greater awareness and regulation to protect individuals from fraudulent schemes targeting those seeking better employment opportunities abroad.
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