How Thai companies can retain great employees

As the pandemic persists, businesses are struggling to retain their best employees. In Thailand, too, some are choosing to leave traditional employment. How can Thai companies reverse the flow of what many people are calling the “Great Attrition?”

Thailand’s economy has been heavily impacted by the pandemic, with waves of COVID-19 causing one of the steepest contractions among Association of Southeast Asian Nations (ASEAN) countries. The pandemic’s health and economic impacts have had wide-ranging impacts on consumption and business sentiments, the job market, and income and poverty levels.

Unemployment has soared to 2.25 percent in the third quarter of 2021, a 16-year high, with around 871,000 people recorded as unemployed. While much of this unemployment can be linked to the pandemic’s scarring effects on jobs and the…