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 labormarkets effectively within ASEAN. For questions on how to best
optimize your investments within ASEAN, please contact us at
asean@dezshira.comThis Month’s Cover Art
Untitled (1995)
Pastel on Paper, 12 x 22 inches
Art Konsult
info@artkonsult.com+91 11 65683083
www.artconsult.com
For queries regarding the content of this
magazine, please contact:
editor@asiabriefing.comAll 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