Kelly Services launches latest Thailand Employment Outlook & Salary Guide

Employees in Thailand say profit sharing would boost productivity, according to Kelly Global Workforce Index Global workforce solutions leader Kelly Services today launched its latest Employment Outlook and Salary Guide 2010/11 for Thailand and the findings of its latest survey from the Kelly Global Workforce Index. The Salary Guide serves as a tool for employers and job seekers and provides an insight to the latest salary ranges for various positions across Thailand, which is a reflection of the marketplace and is indicative of actual transactions between employers and employees from Kelly’s business. As Thailand is beginning to see an uptrend in business recovery, companies are forging ahead with their expansion plans and competing for talent on the hiring front. However, salary levels have not increased as much as previously anticipated. Said Wanna Assavakarint, Managing Director, Kelly Services Thailand, “Even though companies are hiring and competing for talent, many continue to remain cautious about a possible second dip in the economy. Job seekers must have passion and drive to deliver outstanding results, and should not focus solely on monetary rewards when making career decisions, especially in these volatile times. The Salary Guide should be used as a reference, taking into account other factors when making career and recruitment decisions.” Further, according to the findings of the Kelly Global Workforce Index, which obtained the views of approximately 134,000 people across countries in North America, Europe and Asia Pacific including Thailand, more than three-quarters of employees in Thailand surveyed believe they would be more productive if they were able to share in profits or have an ownership stake in their employer’s business. The survey also found 64 percent of workers are currently in an arrangement where some of their pay is tied to performance targets. Gen X (aged 30-47) employees are more likely to be on some form of performance-based pay than Gen Y (aged 18-29) and those in the Baby Boomer generation (aged 48-65). However, of those not receiving performance pay, a further 64 percent say they would be more productive if they had their earnings linked to performance outcomes, with Gen Y and Gen X the most attracted to it. Wanna said, "Employers increasingly recognize the value in tying rewards to performance. At the same time, many employees are actually quite comfortable about some element of their compensation being tied to their individual or group performance. This indicates that many employees are confident in their ability to perform their jobs well and believe they can share in the rewards of improved workplace productivity.” Other results of the survey in Thailand about employee benefits and perks reveal: 82 percent say that profit-sharing or an ownership stake would motivate them to perform at a higher level. Aside from salary, the benefit that rates most highly is training, followed by health benefits, flexible hours, and vacation or personal time-off. A copy of the Thailand Employment Outlook and Salary Guide 2010/11 can be downloaded from our website at www.kellyservices.co.th. About Kelly Services Kelly Services, Inc. (NASDAQ: KELYA, KELYB) is a leader in providing workforce solutions. Kelly offers a comprehensive array of outsourcing and consulting services as well as world-class staffing on a temporary, temporary-to-hire and direct-hire basis. Serving clients around the globe, Kelly provides employment to 480,000 employees annually. Revenue in 2009 was $4.3 billion. Visit www.kellyservices.co.th. Media contact: Supaporn ChinworachaiTel: +66 2 670 0505, Email: [email protected]

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