China’s swift recovery from the economic crisis has, undoubtedly, raised optimism in areas such as business activity, revenues and profits for companies operating in China. In anticipation, many Small and Medium Enterprises (SMEs) have adjusted their business strategies to capitalize on this growth opportunity. To fuel this advancement, SMEs are increasing employment headcounts and recruiting… Continue reading »
Jun
11
Managing transition of workforce in China
In the continuing economic expansion, China has redefined the playing field for foreign companies wanting a piece of the Chinese market. Previously, foreign enterprises were restricted in their abilities to both purchase domestically and re-sell locally in China. Now, China has ratified new regulations that permit foreign companies to establish fully operational entities that can… Continue reading »
Jun
11
The China Personnel Mix
As one of the fastest growing and most competitive markets in the world, China has been the ‘battlefield’ for companies in the search for talents. People, are after all, the backbone of any company looking to strive in this market. Today, many multinational companies (MNCs) realize that it is increasingly difficult to integrate an optimal… Continue reading »
Jun
11
Top China Recruitment Challenges
As China continue on track to meet projections of becoming the world’s largest economy, many companies planning to establish presence or operating in China are inevitably caught in the War for Talent. Recruiting high-potential employees remains one of the biggest concerns for companies today. Due to this rapid economic and social development in China, managers… Continue reading »
Nov
05
China’s War for Talent: Recruitment Challenge
Michael Maeder Historically, wars have in most instances been waged over resources, more specifically scarce resources. The term “War for Talent”, first coined by McKinsey & Company in 1997, revealed a global phenomenon experienced by companies that it will become increasingly difficult and costly to recruit, develop and retain personnel that will over time be… Continue reading »
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