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July 25, 2012

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Mainland firms bullish on hiring

CHINESE mainland employers are still the most confident in the Asia-Pacific region about hiring plans for the third quarter of this year, according to a report released in Shanghai yesterday by Hudson.

The talent recruitment and staffing services firm said about 56 percent of mainland employers surveyed said they will increase their work force in the July-September period, compared with only 37 percent in Hong Kong, 34 percent in Singapore and 29 percent in Australia, the report said.

The survey found 37 percent of mainland employers plan no changes to their head count while 6 percent intend to slash staff numbers.

In the previous quarter, nearly 60 percent of surveyed corporations on the mainland expected to hire more employees, about 34 percent planned to maintain staff levels and 6 percent expected to make cuts, the report said.

"The figures are linked to the fact that China's economy is less heated of late. As a consequence, employer optimism has cooled a little, too," said Lily Bi, a joint general manager of Hudson Shanghai. "However, it is a very robust economy and continues to grow, that's why we are still seeing healthy hiring intentions overall."

Two-thirds of surveyed companies in consumer products plan to increase staff levels. The sector is particularly keen to recruit people with e-commerce, modern trade, marketing and indirect sourcing skills, according to the report.

Media and marketing professionals are also in demand as 57 percent of surveyed firms in these sectors said they plan to increase staff numbers in the next quarter. Mandarin speakers with new media, digital and Internet marketing expertise are in the greatest demand, the report said.

Product marketing managers are highly sought after by many firms moving their research and development departments to the Chinese mainland, according to the report.




 

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