According to a survey conducted by the group in the first quarter of this year, 63.8 percent of respondents from 168 companies operating in Vietnam including foreign-invested ones ranked employee retention as the number one human resource challenge in 2010.

This result is not surprising as it has been a hot topic in many recent human resources discussions.

“Vietnamese employees aggressively pursue opportunities to accelerate their career track to senior positions, challenging work, stretch assignments, continual training and development and competitive pay”, said Navigos Group Managing Director Nguyen Thi Van Anh.

“As long as this is the fact, employee retention is hard work”, she added.

The second amongst the top five challenges for the businesses this year is how to hire the best talent, said the survey.

“It has never been easy to find the right and best talent in Vietnam and the situation will remain unchanged in the near future”, Anh commented.

VNA