Wantedly Inc., a Tokyo-listed online staffing company, is considering expanding into Malaysia and Vietnam after launching operations in Singapore, thereby increasing its presence in Southeast Asia.
Finding an excellent country manager is vital to expansion, said Akiko Naka, CEO of Wantedly, in an interview on the Techsauce global summit in Bangkok.
“We have made many mistakes in the past,” she said, without going into details.
Wantedly differs from other recruiting sites in that it connects corporations directly with job seekers, who will only receive messages from internal HR departments.
The website, addressed to millennials, also doesn’t allow posting entries containing descriptions of remuneration or advantages.
“It was shocking to a lot of HR departments,” Naka said. “But a lot has come up. We now have 25,000 companies, including Sony, Panasonic, Nissan, as well as large US companies such as Uber and Airbnb.”
Millennials, a term coined to discuss with the generation that got here of age around 2000, have been described as having less loyalty to corporations and more more likely to leave for jobs which can be more in step with their personal values.
Companies have had to regulate their hiring strategies as each side search for “cultural fit,” Naka said. Getting the suitable fit becomes more vital in markets like Japan, where it’s difficult to put off employees.
Wanted currently has 2.5 million monthly lively users, most of them in Japan. The company’s shares have almost tripled since its September stock market debut and were last listed on the Tokyo Stock Exchange at 2,826 yen, giving it a market value of 25.9 billion yen ($236 million). Naka owns about 72 percent of the corporate, which she officially launched in February 2012.
Source : South China Morning Mail
