10 misunderstandings about the chinese talent market
Post on 14-Nov-2014
124 Views
Preview:
DESCRIPTION
TRANSCRIPT
10 Misunderstandings About the Chinese Talent Market
Ed BarzilaijYvon Niu
World of contrasts
World of contrasts
World of contrasts
World of contrasts
World of contrasts
World of contrasts
... as well in the labor market
QuickTime™ en een-decompressor
zijn vereist om deze afbeelding weer te geven.
Print advertisement in newspaperJunior post production in television and film industry
Monthly salary3,000 RMB
€ 300 per month =€ 3,600 per year
QuickTime™ en een-decompressor
zijn vereist om deze afbeelding weer te geven.
Online job postingManaging directorAnnual salary - 3 million RMB + Bonus
CHINA US JAPAN NETHERLANDS
198
0 198
3 198
6 198
9 199
2 199
5 199
8 200
1 200
4 200
7 201
0 201
3
-4%
-2%
0%
2%
4%
6%
8%
10%
12%
14%
16%
CHINA
Labor force
Non activepopulation
38%62%
10% China
CHINA US JAPAN NETHERLANDS
198
0 198
3 198
6 198
9 199
2 199
5 199
8 200
1 200
4 200
7 201
0 201
3
-4%
-2%
0%
2%
4%
6%
8%
10%
12%
14%
16%
CHINA
Labor force
Non activepopulation
38%62%
10% China
198
0 198
3 198
6 198
9 199
2 199
5 199
8 200
1 200
4 200
7 201
0 201
3
-4%
-2%
0%
2%
4%
6%
8%
10%
12%
14%
16%
Labor force
Non activepopulation
US
2,3% US
49% 51%
CHINA US JAPAN NETHERLANDS
198
0 198
3 198
6 198
9 199
2 199
5 199
8 200
1 200
4 200
7 201
0 201
3
-4%
-2%
0%
2%
4%
6%
8%
10%
12%
14%
16%
CHINA
Labor force
Non activepopulation
38%62%
10% China
198
0 198
3 198
6 198
9 199
2 199
5 199
8 200
1 200
4 200
7 201
0 201
3
-4%
-2%
0%
2%
4%
6%
8%
10%
12%
14%
16%
Labor force
Non activepopulation
US
2,3% US
49% 51%
198
0 198
3 198
6 198
9 199
2 199
5 199
8 200
1 200
4 200
7 201
0 201
3
-4%
-2%
0%
2%
4%
6%
8%
10%
12%
14%
16%
Labor force
Non activepopulation
US
2,3% US
49% 51%
198
0 198
3 198
6 198
9 199
2 199
5 199
8 200
1 200
4 200
7 201
0 201
3
-4%
-2%
0%
2%
4%
6%
8%
10%
12%
14%
16%
Labor force
Non activepopulation
JAPAN
78%
22%
1,7% Japan
CHINA US JAPAN NETHERLANDS
198
0 198
3 198
6 198
9 199
2 199
5 199
8 200
1 200
4 200
7 201
0 201
3
-4%
-2%
0%
2%
4%
6%
8%
10%
12%
14%
16%
CHINA
Labor force
Non activepopulation
38%62%
10% China
198
0 198
3 198
6 198
9 199
2 199
5 199
8 200
1 200
4 200
7 201
0 201
3
-4%
-2%
0%
2%
4%
6%
8%
10%
12%
14%
16%
Labor force
Non activepopulation
US
2,3% US
49% 51%
198
0 198
3 198
6 198
9 199
2 199
5 199
8 200
1 200
4 200
7 201
0 201
3
-4%
-2%
0%
2%
4%
6%
8%
10%
12%
14%
16%
Labor force
Non activepopulation
US
2,3% US
49% 51%
198
0 198
3 198
6 198
9 199
2 199
5 199
8 200
1 200
4 200
7 201
0 201
3
-4%
-2%
0%
2%
4%
6%
8%
10%
12%
14%
16%
Labor force
Non activepopulation
JAPAN
78%
22%
1,7% Japan
198
0 198
3 198
6 198
9 199
2 199
5 199
8 200
1 200
4 200
7 201
0 201
3
-4%
-2%
0%
2%
4%
6%
8%
10%
12%
14%
16%
NETHERLANDS
Labor force
Non activepopulation
54%46%
2,2% Netherlands
2,300 interviews
in Beijing, Shanghai and Guangzhou
10 Misunderstandings About the Chinese Talent Market
1China’s labor force counts more than 800 million on a total population of 1.3 billion.
Misunderstanding:
There’s absolutely a surplus in the labor market.
True False
xx% xx%
QuickTime™ en een-decompressor
zijn vereist om deze afbeelding weer te geven.
QuickTime™ en een-decompressor
zijn vereist om deze afbeelding weer te geven.
Height requirement
QuickTime™ en een-decompressor
zijn vereist om deze afbeelding weer te geven.
QuickTime™ en een-decompressor
zijn vereist om deze afbeelding weer te geven.
2Misunderstanding:Salary is the most important reason to switch jobs in China.
True False
xx% xx%
52%
Career opportunities
47%
High Salary
28%
Working environment
(culture)
22%
Size of company
22%
Working location
As a Pull factor-Salary vs. Career opportunities-Salary vs. Acceptable workload-Salary vs. Company size-Salary vs. Employer reputation-Salary vs. Working environment
Career opportunities | 42%
Acceptable workload | 33%
Size of the company | 32%
Reputation/good name of company | 31%
Working environment (culture) | 28%
3Misunderstanding:In China, the turnover rate in popular industries is more than 20%.
True False
xx% xx%
YES NO
Medical94%6%
Banking/insurance89%11%
Accountancy83%17%
FMCG88%12%
Telecom91%9%
Technical91%9%
IT82%18%
4Misunderstanding:More than 10% of the working population in Chinais actively looking for another job.
True False
xx% xx%
I AM ACTIVELY LOOKINGFOR ANOTHER JOB
7%
49%
I AM NOT LOOKING FOR A JOB, BUT I REGULARLY MONITOR THE MARKET
I AM NOT LOOKING FOR A JOB AT ALL AND WOULD LIKE TO STAY IN CURRENT JOB
44%
5Misunderstanding:Chinese professionals prefer Western managers.
True False
xx% xx%
38%
CHINESE EUROPEAN
23%
AMERICAN
21%
NON PRC(SG/HK/MY/TAIWAN)
12%
JAPANESE/KOREAN
6%
NO PREFERENCE
32%
MEDICAL37%
BANKING/INSURANCE42%
ACCOUNTANCY46%
FMCG36%
TELECOM32%
TECHNICAL29%
IT35%
56%
(VERY) CAPABLE
32%
NEUTRAL
12%
NOTCAPABLE (AT ALL)
6Question:What is more important in China?Is it the job or who you work for?
The Job Who you work for
xx% xx%
QuickTime™ en een-decompressor
zijn vereist om deze afbeelding weer te geven.
Online job board and newspaper
The apprentice - the employee
Master - the employer
Corporate and Recruitment Advertisement
7Misunderstanding:Accountancy is a male dominated industry in China.
True False
xx% xx%
male
female
Medical 22% 78%
male
female
FMCG 33% 67%
Accountancy 57%43%
8Misunderstanding:FMCG is the most desirable industry among Chinese talent.
True False
xx% xx%
Medical 84%
Banking/insurance 60%
Accountancy 73%
FMCG 54%
Telecom 72%
Technical 59%
IT 76%
Medical 4%
Banking/insurance
18%
Accountancy
14%
FMCG12%
Medical19%
Technical18%
IT31%
9Misunderstanding:“Chinese people desire democracy”.Therefore they prefer a democratic corporate culture.
True False
xx% xx%
PROFESSIONAL 79%
STABLE 70%
HARMONIOUS 64%
STRICT 64%
DEMOCRATIC 59%
INNOVATIVE 59%
BUREAUCRATIC 23%
AGGRESSIVE 18%
INFORMAL 17%
10Misunderstanding:
Working hard is like second nature for Chinese professionals.
True False
xx% xx%
21%
IT
16%
Technical
13%
Telecom
11%
FMCG
28%
Accountancy
18%
Banking/insurance
16%
Medical
56%
(VERY) CAPABLE
56%
(VERY) CAPABLE
3% POSSIBILITY TO WORK PART- TIME
4% POSSIBILITY TO WORK AT HOME
6% CONTRIBUTION TO SOCIETY
The End
top related