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Staff turnover up
By Lu Nengneng |
December 27, 2011, Tuesday
|
Print Edition
Print Edition
EMPLOYEE turnover in China continued to rise this year despite salary increases being on a trajectory to outpace economic growth next year, a study showed.
The average dismissal rate of all industries in China has hit a record 18.9 percent this year, well above 18.5 percent in 2010 and 15.9 percent in 2009, as workers are shifting their focus from career prospects to work-life balance ahead of the global double-dip recession and China's economic slowdown, the country's major human resource consultant 51job said in a report yesterday.
Traditional services and manufacturing sectors, with respective turnover rates of 21.2 percent and 20.5 percent, had the biggest difficulties in retaining employees, and the call for industrial upgrades to pare the downside of weakening exports pose a greater challenge for talent-scouting in these industries.
The average dismissal rate of all industries in China has hit a record 18.9 percent this year, well above 18.5 percent in 2010 and 15.9 percent in 2009, as workers are shifting their focus from career prospects to work-life balance ahead of the global double-dip recession and China's economic slowdown, the country's major human resource consultant 51job said in a report yesterday.
Traditional services and manufacturing sectors, with respective turnover rates of 21.2 percent and 20.5 percent, had the biggest difficulties in retaining employees, and the call for industrial upgrades to pare the downside of weakening exports pose a greater challenge for talent-scouting in these industries.
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