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December 5, 2009

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Home » Metro » Education

Crisis over for city's graduates looking for work

THE demand for local graduates seems to be back on track.

Fudan University's annual recruitment fair attracted about 250 firms with some 5,000 posts on offer yesterday, a 20-percent increase in the number of participants over last year.

"It's close to the normal situation before the economic crisis," said Chen Haomin, director of the university's career guidance center.

Some employers have increased their salary offers in their bid to lure candidates away from competitors.

The No 804 Research Institute under Shanghai Academy of Spaceflight Technology was offering 100,000 yuan (US$14,646) to graduates with master's degree and up to 150,000 yuan for PhD holders.

"It's harder for us to find suitable people this year," said Wu Guomei, an official with the institute's human resources department.

"The overall environment is better. Our competitors, Huawei, ZTE and other companies, who admitted few newcomers last year, have big enrollment plans this year."

There were more enterprises from the Yangtze River Delta Region, which has benefited from improved transport links, at the fair.

Thirty-one enterprises from Jiangsu and Zhejiang provinces attended the fair, almost double last year's number.

Ningbo Tianan Group, which offered apartment purchase subsidies ranging from 100,000 yuan to 500,000 yuan, was at the fair for the first time.

It's now only a two-hour drive from downtown Shanghai to Ningbo City in Zhejiang Province.

Xie Huiping, the company's HR director, said: "We believe the transport improvement will spark students' interest in non-local posts in nearby provinces."

Tony Huang, a graduate who showed interest in seeking employment with the company, said: "It may be a good choice. Living costs in Shanghai are too high. Nearby provinces have also developed well in recent years."


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