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COVID-19 Fuels Internal Hiring In Asia-Pacific: LinkedIn

COVID-19 Fuels Internal Hiring In Asia-Pacific: LinkedIn

The COVID-19 pandemic has fueled internal hiring in Asia-Pacific as employers are focusing more and more on existing talent.

 

The average rate of internal mobility in Asia-Pacific increased by about 15 per cent in 2020, compared to a year earlier, according to the LinkedIn report.

 

Globally, the internal mobility rate between April to August 2020 was 19.5 per cent, but many Asia-Pacific countries are sitting above that. Indonesia is the regional leader, with a 24 per cent rate of internal mobility, followed by New Zealand at 22 per cent, and Singapore at 21 per cent. While, China and India are both below the global average.

 

As compared to last 5 year average, most Asia-Pacific countries witnessed an increase in internal mobility rates in 2020, with India seeing the highest growth of 4 per cent.

 

Also, China was the only country that recorded a decrease, with internal mobility rates falling by 2 per cent from their 5-year average.

 

There are a number of factors which drive the divergence in trends between countries - from generalist roles which lend themselves to easy transitions, to the dominance of certain industries or functions.

 

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