Small- to medium-sized enterprises across China are looking to expand their permanent and temporary staff base in the coming year, says recruiting expert Hays.
According to the recruiter’s April to June 2015 Hays Quarterly Report, released recently, confidence remains buoyant in the SME market with companies wanting more control over their finances and the ability to spot further opportunities for growing revenues.
“Despite a slowdown in new job creation from both multinational and large companies, we are seeing SMEs and local companies still investing in new talent, especially at internet companies,” says Christine Wright, Managing Director of Hays in Asia.
“Growth in China’s IT industry is continuing at a rapid pace, especially after the Spring Festival. We are now seeing a significant increase in hiring in the internet industry as companies continue to grow their customer base through increasing the number of internet and mobile technology users.
“With the evolution of new technologies and consumers becoming more discerning, employers are expecting their staff to stay up to date with the changes,” says Christine. “Companies require deeper consumer insights, especially a greater understanding of their online needs. Candidates who can help improve customer service and create stronger consumer engagement are the most highly sought.”
According to the Hays Quarterly Report for April – June 2015, the following skills are in short supply:
- Hays Accountancy & Finance: As many local companies are seeking to go public, finance director level candidates with previous IPO experience are highly sought.
- Hays Banking: Fund Raisers are in demand as China is encouraging outbound investment and there is an increasing number of institutions looking to raise funds in US dollars in China.
- Hays Education: Online education experts are sought. Many educational organisations are investing in their online education products and are seeking experts in social media, online sales and marketing, big data and mobile applications that target mass consumer markets.
- Hays Human Resources: Junior HR Business Partners who can focus on daily operations or specialise in one function as a shared service centre expert are also quite popular
- Hays Information Technology: As well as JAVA Developers, C++ and Python Developers will be in demand as global trading firms are establishing operations in China and they have been actively hiring in these areas.
- Hays Legal: we’re seeing a high demand for Senior Associates (Corporate/M&A) as corporate/M&A deals are a core business activity at most law firms.
- Hays Life Sciences: Biostatisticians are sought as the pharmaceutical industry in China is transitioning to a clinically and data-driven industry. There is now a greater need for talent in the area of biometrics and biostatistics.
- Hays Manufacturing & Operations: Plant Managers and Operations Directors are in demand as some companies have begun looking for their key operation staff as a result of strategy changes implemented after the annual review of 2014.
- Hays Sales & Marketing: E-commerce professionals will continue to be in demand in the years ahead. However, it is not only e-commerce marketing and operation professionals that are sought after. Another area of increasing demand is for e-commerce Business Analysts.
- Hays Oil & Gas: we’re seeing a high demand for New Ventures / M&A Managers. Globally there has been a decrease in the number of upstream project transactions; yet to many Chinese domestic companies this is a great opportunity to pursue quality assets outside of China, especially in Central Asia, Africa and South America.
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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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 30 June 2014 the Group employed 8,237 staff operating from 237 offices in 33 countries across 20 specialisms. For the year ended 30 June 2014, Hays placed around 57,000 candidates into permanent jobs and around 212,000 people into temporary assignments. 24% of Group net fees were generated in Asia Pacific.
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.