Recruiting in China? Manage your Expectations
A company’s human capital is its most valuable asset. Let alone in China, where the market is alien to you, reliable and professional employees are indeed an asset. With that understanding in mind, international companies that recruit local teams in China are often surprised to discover that the Chinese market has its very own rules. Therefore, aligning expectations in accordance with market realities is crucial for recruitment in China, for each and every role.
Manpower costs: a classic issue of supply & demand
In China, although being the most populous country in the world, there is a big gap between the high demand for proficient personnel and the low supply of skilled workers. A study by McKinsey affirmed that only 10% of Chinese applicants for engineering and accounting positions were found qualified for work in a foreign company. As a result, foreign companies sometimes struggle to find suitable employees, whose employment cost naturally increases.
The candidate's level of English
When it comes to the recruitment of sales teams, our clients usually ask us to recruit for them eloquent English speakers. The truth is that the English skills requirement should be considered per position, based on the company's needs. Otherwise, not only the number of potential candidates is automatically dropping, but also the desirable salaries by these candidates will be surprisingly high.
Get instant access to the HR regulations guide for foreign companies in China for more practical and updated HR info, relevant for managers and employees alike.
Past Post
News
Management of Foreign Companies in China
News
Partnering & Networking in Shanghai - Even Now!
Wechat ID: PTL Group