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Salaries no longer the only decisive factor for jobseekers in China

Updated: 14 Apr 2016
Financial Analysts, Corporate Banking Relationship Managers and Digital Marketing experts are just some of the professionals in high demand as China continues to maintain economic growth at around 7.4 per cent, says recruiting experts Hays.
In its latest Hays Quarterly Report, the recruiter says that jobseekers are starting to focus on long-term career development over short-term salary hikes.
“The overall trend for slower growth in the world's second-largest economy has meant that candidates are now paying less attention to salary increases and more attention to a company’s business development plans and job stability,” says Simon Lance, Regional Director of Hays in China.
We advise candidates to focus on securing a job with greater responsibility and regional exposure which will provide long-term benefits to your career, rather than solely focusing on financial rewards.”
According to Hays, many departments are still seeing jobs growth. “Recruitment activity is expected to increase this quarter as many banks are recruiting across various levels,” says Simon. “There are also technical skills shortages across education, IT, life sciences, manufacturing & operations, oil & gas and sales & marketing, to name a few. HR is another active area for jobs as organisations expand, restructure or up-skill existing workers.”
So are employers hiring in your profession? A selection of skills in demand from the Hays Quarterly Report or July to September 2014 follows:

Accountancy & Finance: Regional Finance Managers are always in demand as many multinational companies have offices in China, especially in Shanghai and Beijing. Employers also look for candidates with mid-level accounting, planning and analytical skills who can be responsible for the regional finance operation. Financial Analysts with strong commercial acumen are also sought after.

  • Banking: In the corporate banking sector Relationship Managers continue to be in high demand as most foreign banks are still in their growth phase and are looking to generate new client accounts. Credit Analysts are also in demand because banks are implementing new credit control measures and need to establish a strong first line of defence against potential risks in their lending businesses.
  • Education: Given the growing number of new schools that are opening in China’s big cities, including Shanghai, Guangzhou and Beijing, most international schools are finding it a challenge to secure enough qualified teachers from overseas who are willing to relocate to China. Language School Managers are also sought after.
  • Human Resources:  Local employers are looking for senior candidates with a multinational HR background. Employee Relations specialists are particularly sought after for redundancy and downsizing projects. Talent Development specialists who can find the talent gaps in an organisation and help grow its human capital are in demand.
  • Information Technology: Despite slowing economic growth in China, there are still many small to medium size enterprises starting new businesses in the country and this is generating demand for IT professionals. High quality IOS/Android Developers are in high demand since many employers are developing their mobile internet product.
  • Life Sciences:  Overseas returnees and international candidates are always in high demand for middle to senior level openings within the R&D sector. District Sales Managers are another area of demand. Marketing Managers with skills in strategic marketing are also highly sought after.  
  • Oil & Gas: High calibre, well-connected and technically experienced Business Development Managers and Directors are needed to find new opportunities in the oil & gas market. These professionals are required to have a high level of awareness of the Chinese market.
  • Manufacturing & Operations:  R&D and Application Managers are in demand as product design teams are becoming more important to local customers. There is an increasing number of openings in the chemical, pharmaceutical and electrical industries in R&D and production application functions. Also, some local Chinese companies are aggressively developing their overseas markets and require international sales and strategy professionals.
  • Sales & Marketing:  Demand for sales and marketing professionals is increasing as many companies in the services industry set up offices in China. Candidates with strong SEO/SEM experience are still in high demand. As online business activity increases, digital marketing professionals are sought to help create e-commerce strategies for traditional brands.
For more, please see the full Hays Quarterly Report at
In China Hays operates from four local offices: Shanghai, Beijing, Suzhou and Guangzhou.
Hays, the world’s leading recruiting experts in qualified, professional and skilled people.
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About Hays
Hays is the leading global specialist recruiting group. It is the expert at recruiting qualified, professional and skilled people worldwide.
Hays Specialist Recruitment  (Shanghai) Co., Limited ("Hays China") operates across the public and private sector, dealing in permanent positions. Hays China’s eighteen specialisms span Accountancy & Finance, Banking, Architecture, Construction, Education, Engineering, Executive, Finance Technology, Human Resources, Hays Resource Management, Information Technology, Insurance, Life Sciences, Manufacturing & Operations, Oil & Gas, Property and Sales & Marketing.
Hays China operates four local offices in Shanghai, Beijing, Suzhou and Guangzhou. It is the local representative office for Hays plc, which is a global company. As at 31 December 2013 we employed 7,979 staff operating from 240 offices in 33 countries across 20 specialisms.  
Hays operates in the following countries: Australia, Austria, Belgium, Brazil, Canada, Colombia, Chile, China, the Czech Republic, Denmark, France, Germany, Hong Kong, Hungary, India, Ireland, Italy, Japan, Luxembourg, Malaysia, Mexico, the Netherlands, New Zealand, Poland, Portugal, Russia, Singapore, Spain, Sweden, Switzerland, UAE, the UK and the USA.