Logo of Phnom Penh Post newspaper Phnom Penh Post - Banking is top sector for online hires: study

Banking is top sector for online hires: study

A teller checks a customer’s deposit at a bank in Phnom Penh.
A teller checks a customer’s deposit at a bank in Phnom Penh. Pha Lina

Banking is top sector for online hires: study

The banking sector was the Kingdom’s top hiring industry during the second quarter of 2016, according to a report released yesterday by online career portal Everjobs Cambodia.

The report shows that more and more of the country’s 200,000 university students graduating annually are starting their careers in the financial sector, reflecting the rapid growth of the industry, which now attracts more new hires than hotel and lodging services.

The findings were based on site traffic on the Everjobs portal during the second quarter, including job vacancies posted to the site and web searches by job-seekers. Everjobs did not indicate the sample size, but claims its website receives an average of 6,500 visits a day.

The greatest number of vacancies posted to the site between April and June were in the accounting/finance domain, particularly the banking industry, the report said.

The results reflect the rapid expansion of Cambodia’s financial sector, which is driving economic development, with the domestic credit market growing 27 per cent in 2015 on rising demand for consumption and construction, it added.

Casey Barnett, president of CamEd Business School, said the report matches a trend he has seen with his students, who are receiving job offers from established financial sector firms long before finishing their degrees.

“This matches my experience at my institute . . . where 44 per cent of our 4th year students [all of whom major in accounting and finance] have already been given offers by leading international banks and audit firms even though they won’t finish their studies until December, and the graduation ceremony won’t be held until April 2017.”

The Everjobs career report also notes a surprising and sudden increase in searches for part-time jobs.

“Gaining experience with a part-time job is one of the best ways to ensure employment after graduation and it is definitely something that our partner companies are looking for when recruiting new candidates,” stated Aliaksandra Iuchyk, the company’s marketing, communications and PR manager.

MOST VIEWED

  • Massive stingrays may live in Mekong’s deep pools

    US scientists have suggested that unexplored deep pools in the Mekong River in an area of Stung Treng could potentially be home to significant populations of giant freshwater stingrays, one of the world’s largest freshwater fish species. This comes as a fisherman hooked a 180

  • CCC team off on US business trip

    The Kingdom’s leading economists and private sector representatives have called on the US to renew its tax preferential status for Cambodian exports, as a Cambodia Chamber of Commerce (CCC) delegation departed for a weeklong business visit to the US, where they will meet with

  • PM takes time to meet, greet Cambodians living in the US

    After landing in the US ahead of the ASEAN-US Special Summit, Prime Minister Hun Sen was received by over 1,000 Cambodian-Americans including political analysts who welcomed him with greetings, fist bumps and selfies. Hun Sen also met with analyst Mak Hoeun, who had allegedly spoken ill

  • Khmer cinema classics back on big screen for free at WB Arena’s outdoor movies series

    On a recent Saturday evening at WB Arena, Bunsong was enjoying a tasty BBQ meal with his family after work on the long tables that had been arranged out in front of the restaurant as they watched a Khmer action movie on a big outdoor

  • PM heads to Washington for ASEAN-US special summit

    Regional and international issues and how to bring the ASEAN-US partnership to another level will be discussed at length as Prime Minister Hun Sen and his ministers arrive in Washington, DC, for a special summit on May 12-13. During the trip, Hun Sen and ASEAN

  • National Assembly refutes EU resolution

    The National Assembly (NA) has hit back at a European Parliament resolution condemning the political and human rights situation in Cambodia, calling it another display of the Parliament’s “double standards”. Key points of the resolution include a warning that the Parliament could exclude the