Inflation is currently very popular in China. Talking about wage inflation. This convergence of local workers, especially migrant workers, and Shanghai, Guangzhou, Dongguan, Shenzhen, and others are open coastal cities, such as.
In the industrial city of Dongguan, for example, nobody wants to take low-paying jobs, I see many signs of work. Ten years ago or even five years ago, around the city, the signs do not work. On the one hand, China, graduates can not find a job compared with their knowledge of the extreme may indicate. This same group of students often do not want to work in poorly paid jobs filled by migrant workers. Instead, both parents to support them and prefer to stay home, where at least two grandparents.
On the other hand, migrant workers, these jobs are not used to the influx of housing costs rise, the cost of food and can afford to live in this city. Instead, like many Chinese cities and more are choosing low-paying jobs available. No need for friends and family to leave, to compensate for the lack of good paying jobs.
Then all the multinationals, white collar office work, supervisors and managers working people. The turnover rate is high. The reason: hard to find qualified and experienced talent, so that other companies that the best people to work more regularly and to recruit. The payment is still very low. Remember, these young graduates financial assistance for at least four adults (two parents and four grandparents, or maybe two), if applicable, low-paying entry-level position as an office worker have a real incentive.
What can I do market multinationals looking for a job? Talent is hard enough to find, and then developed at the expense of qualified employees with the skills and experience, so no worries.
First choice: you can help your business grow, junior qualified talent to another company.
Option two: an experienced staff eager to learn, willing to work hard Rental attitude.
Without a career, a room for growth for employees, a number of competing proposals from companies like seçeceklerdi Tantalus. Remember, not only compensation may be paid in exchange for a job, sell them a dream.
Jason Luong is a consultant in business development for the Greater China region. U.S. companies, specializes in helping China to develop and optimize operations. Experience, build, manage China and distribution centers, stores, and includes representatives optimized.