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Challenges for job seekers, recruiters in the post-pandemic era: Expert analysis
Updated: 2022-06-15 05:52:18 KST

Most advanced economies have returned to business as usual after the two year COVID-19 pandemic but not everything has gone back to how it was before. The pandemic accelerated disruptions in labour markets globally, from millions of layoffs in the service sector, automation, remote work and flexible working hours and employment conditions. The consequence has been not only a permanent loss of jobs in some sectors, but also significant labour shortages in key industries with growing gaps in what businesses want from workers and how employees and job seekers see the value of work. The scale of workforce transitions increases the need for businesses and policymakers to take steps to overcome this mismatch and move towards a brighter future of work.
To discuss these developments, we have in the studio today Charles Ferguson, General Manager of the Asia Pacific region at Globalization Partners.

1. We've seen remote work, digitalisation and fluid work hours become widely adopted across many companies globally over the past two years. What are the trends you expect to stay or new trends you expect to develop, now that we mostly seem to be past the pandemic phase?

2. East Asian countries are known to have intense, but unproductive, work cultures where employees are expected to devote themselves to working around the clock, especially here in East Asia. Are you seeing this rigid corporate culture start to change after the pandemic?

3. Here in South Korea, we've seen job growth mostly in the food delivery sector and other gig economy positions throughout the pandemic, while traditional service sector jobs are expected to experience a shortage of labour. What are your observations around the labour shortage?

4. It seems that people are generally looking for a better work-life balance and more flexibility when it comes to working hours, and some want to travel and work at the same time. It's particularly difficult for global businesses to learn and adapt to local employment standards and regulations. What are some of the things businesses need to keep in mind especially when it comes to onboarding employees in different countries?

5. Your organisation's report yesterday reveals that CFOs in the Asia Pacific feel their long-term plans will stem around expansion into new countries despite challenges. Can you share some more of the findings from this latest study?

6. From a talent perspective, what are the things which are attracting businesses to expand into South Korea and is there more we can do in this country to further leverage this opportunity?

7. What's the potential of technology helping South Korean companies who wish to expand globally ?

8. What is HR Tech and what future does it have amid changing conditions in the labour market?

Charles Ferguson, General Manager of the Asia Pacific region at Globalization Partners. Thank you for your time today.
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