High tech and finance to lift staff hires
Print Edition
The high-technology and financial sectors are expected to drive the expansion in headcount in China although overall employment may slow this year, recruitment agencies said.
“Companies are likely to remain cautious in expanding their business and headcount amid an economic slowdown,” said Arthur Wang, managing director of Robert Walters China.
He said information technology firms will drive the job market, while pharmaceutical and health care companies will continue to expand.
Robert Walters also expects salary to increase between 5 percent and 7 percent this year — the same level as last year but slower than the previous three years.
Hudson, another recruitment agency, said yesterday that a net 45 percent of employers in China are planning to lift permanent headcount in the first half of this year.
However, this was a decline from 60 percent in the same period of last year amid slowing growth in the world’s second-largest economy, but was an increase from 43 percent in the second half of last year, according to Hudson.
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