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Introduction

Understanding the dynamics of ASEAN’s labor market can prove a time-consuming endeavor

for new market entrants as well as established investors seeking to expand their operations.

Comprised of 10member states, eachwith unique opportunities, regulations, and challenges,

optimizing labor within the region is a significant but worthwhile challenge.

Although optimization of ASEAN based investment can present a degree of uncertainty due

to the magnitude of regulation and diversity within the regional bloc’s labor markets, those

with up-to-date information on staffing regulation, prevailing hiring conditions, and costs

between markets will be able to make targeted decisions pertaining to the location and

structure of their operations. Given ASEAN’s rapid growth, and to ensure that costs are kept

to a minimum, it is critical that companies not only employ systems of market analysis prior

to entry, but maintain these systems as their operations mature.

In this issue of ASEAN Briefing, we discuss the prevailing structure of ASEAN’s labor markets

and outline key considerations regarding wages and compliance at all levels of the value

chain. We highlight comparative sentiment on labor markets within the region, showcase

differences in cost and compliance between markets, and provide insight on the state of

statutory social insurance obligations throughout the bloc.

Dezan Shira & Associates has a growing teamof human resource specialist throughout ASEAN

providing our clients with years of combined experience in assisting foreign enterprises

navigate and select labor

markets effectively within ASEAN. For questions on how to best

optimize your investment

s within ASEAN, please contact us at

asean@dezshira.com

This Month’s Cover Art

Untitled (1995)

Pastel on Paper, 12 x 22 inches

Art Konsult

info@artkonsult.com

+91 11 65683083

www.a

rtconsult.com

For queries regarding the content of this

magazine, please contact:

editor@asiabriefing.com

All materials and contents

© 2016 Asia Briefing Ltd.

Reference

ASEAN Briefing and related titles are

produced by Asia Briefing Ltd., a wholly

owned subsidiary of Dezan Shira Group.

Content is provided by Dezan Shira &

Associates. No liability may be accepted

for any of the contents of this publication.

Readers are strongly advised to seek

professional advice when actively looking

to implement suggestions made within

this publication.

A SIA B RIEFING www.asiabriefing.com V IETNAM B RIEFING www.vietnam-briefing.com www.dezshira.com www.india-briefing.com I NDIA B RIEFING I I B I I www.china-briefing.com Kind regards, Alberto Vettoretti Alberto Vettoretti Managing Partner Dezan Shira & Associates