General
New HRM² Course Addresses High Gen Z Turnover in Thailand
House of Wisdom has launched the second cohort of its HRM² course, utilizing a 'reverse mentoring' approach to help organizations retain Gen Z employees.
According to a report by Prachachat Business, Thai human resources departments are facing a significant challenge in retaining Gen Z staff. Recent survey data indicates that more than half of Gen Z employees in Thailand intend to resign within one to two years.
To address this trend, House of Wisdom (H.O.W.), led by Thana 'Joe' Thienachariya, has introduced the second iteration of its HRM² course. The program utilizes a 'reverse mentoring' model, where younger employees provide insights to senior management. The initiative aims to bridge the generational gap and foster better understanding within corporate environments to mitigate high turnover rates.
For residents and professionals working in Thailand, this development highlights a shifting corporate culture as companies adapt to the expectations of a younger workforce. Understanding these dynamics may be relevant for those navigating the local job market or observing changes in business management styles.
While the course offers a strategic approach to internal communication, it remains to be seen how widely these methods will be adopted across different industries and whether they will effectively reduce the projected resignation rates among Gen Z workers in the long term.