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NEW UPDATES Asean Affairs  2 February  2016  

 40% of Filipino millennials may quit jobs in 2 years

TWO out of every five Filipino millennials are likely to ditch their current jobs in the next two years, mostly because they don’t feel that their leadership skills are sufficiently being developed by their employers.

This puts businesses at risk of losing their millennial talent – referring to young adults who were born after 1982 and who have come of age in the age of Internet, based on Deloitte’s fifth annual Millennial Survey, released by local member practice Navarro Amper & Co last week.

Given the choice, 40 per cent of Filipino millennials would leave their current employers within two years, with that figure rising to 64 per cent when the timeframe is extended to 2020, Navarro Amper said in a statement. On a global basis, 44 per cent of millennials expect to resign within two years while 66 per cent are likely to quit within five years. This dissatisfaction among millennial employees stems partly from feelings of being underutilised and the perception that they are not being developed as leaders: 62 per cent of Filipino millennials say their leadership skills are not being fully developed in their current organisation. Among those who said they plan to leave within two years, 61 per cent feel that they are being overlooked for potential leadership positions.

“With a maximum age of 33, millennials are entering that period where they expect to have more say in the way their orga- nisation is run,” said Greg Navarro, managing partner and chief executive officer of Navarro Amper & Co. “So in managing and engaging them, leaders have to keep this in mind and come up with a development track that recognises that ambition: Is there room at the top for these young professionals and are they getting the necessary training for those posts?”

The survey said millennials are bringing their own values with them into the workplace.

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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