Candidates with overseas experience as well as good local connections are hot favourites this quarter as businesses look to become more globalised in China, says recruiting expert Hays.
In their latest Hays Quarterly Report, for the October-December quarter, the recruiter found employers across a number of industries are hiring candidates who have local experience, networks, language skills and government connections. But there has also been an increase in the number of employers looking to attract skilled candidates with overseas experience and training to help them gain a competitive edge and drive their business forward in 2012.
“Candidates who have worked abroad are increasingly sought by employers in China as organisations push for profitability,” says Emma Charnock, Regional Director of Hays in China and Hong Kong.
“Employers want high potential candidates, who along with strong soft skills and technical skills, can demonstrate flexibility and have gained international experience that will be beneficial to their business. These internationally-minded candidates are wanted to fill new roles that will be created this quarter as a number of companies look to relocate their APAC headquarters to China.
“This demand is coming from most of our industries and sectors. For example, in the IT sector employers prefer those with overseas training. As a result, they are willing to offer higher salaries to recruit good candidates from multi-national companies.
“It is the same story for the life sciences industry, where candidates with an overseas degree and international experience are sought to bring this knowledge back into China. It is also good news for overseas returnees with employers offering attractive salary packages and added incentives to attract and retain talent.
“Local knowledge and connections are also proving a winning combination for employers, particularly those operating in our booming oil and gas industry. Downstream companies are expressing more interest in former employees of state owned companies or those who are well connected to state owned companies while IOCs continue to demand Chinese candidates with overseas experience.”
According to the Hays Quarterly Report, this increased hiring means more job opportunities are available for candidates but it also means intense competition as companies compete for the best talent.
The Hays Quarterly Report lists the skills in most demand in China for the October - December quarter:
Hays Accountancy & Finance – commerce & industry: There is growing demand for candidates with strong technical skills in financial planning and analysis as well as commercial and business analysis due to the rapidly changing business environment. Internal Audit, Risk and Internal Control Financial Analysis candidates are also in high demand as organisations focus on reducing both their operational and financial risk.
Hays Accountancy & Finance – financial services: Candidates with financial analysis, financial modelling, asset management and loan servicing skills are in demand. As China is an emerging market there continues to be high investment flow into the market and in order to review and monitor the investment, people with the relevant skills are needed.
Hays Architecture: Designers and senior level management personnel are sought after. Candidates with a talent and passion for design will always be in high demand. Class I Registered Architects are also needed for their experience and knowledge of local building codes and regulations. Candidates with Mandarin and English language skills are highly desired.
Hays Banking: We are seeing an increase in demand for candidates with private banking and SME markets backgrounds. SME banking has not been well developed in the past but with the government now providing incentives for banks to better develop this market, there is growing demand for candidates in this field. Trade Finance Managers or Trade Sales candidates are also sought.
Hays Construction, Hays Engineering & Hays Property: Candidates with a strong foundation in the retail sector are in demand by agencies, developers and investor organisations. There is also continued demand for commercial A grade office space, and hence specialists within this area. Contract Managers, Project Managers and Retail Leasing Managers are also highly sought. Property Developers, Creative Urban Designers and experienced Senior QS Managers are also needed.
Hays Education: Physics Secondary School Teachers are in high demand. A-Level Maths, English and Chemistry Teachers are also sought due to expansion in existing centres and the opening of new ones, which saw a number of roles become available at the start of the new academic year. School Leaders with experience in starting up new schools in an international setting will have a number of opportunities available to them.
Hays Human Resources: C&B Managers are highly sought across China. Cross cultural remuneration and retention strategy skills are sought in C&B leaders as organisations embark on their next phase of growth in Asia post GFC. At the leadership level, there will be demand for HR Directors and candidates with experience across the full spectrum of HR execution.
Hays Information Technology: Candidates with experience in Infrastructure: MS Domains and Cisco Networks Applications: SAP Systems especially in SD, PP/MM and ERP Systems in Supply Chain Management, WMS and Workforce are highly sought after. The mobile web is creating demand for skilled JAVA and mobile application development candidates. Technical candidates with three to eight years experience as a C++ Developers, JAVA Developers, .Net Developers, QA Engineers are also needed.
Hays Manufacturing & Operations: Business Development and Product Engineering candidates, R&D VPs and Directors are in demand, along with Sales, Production and Supply Chain Managers. There is still growing demand for skilled professionals and experienced managers within the aerospace, automotive, mechanical, chemical and industrial OEM segments. Supplier Quality candidates with solid technical knowledge are in demand. R&D specialists with strong product development skill are also sought.
Hays Oil & Gas: Geoscience, Drilling, Completions, M&A, Business Development, Mechanical & Machinery and Project Management candidates are on the wish list for the oil and gas industry as a result of new projects being implemented and heavy investment. M&A and Business Development candidates are wanted to help companies achieve fast business growth by executing M&A deals.
Hays Pharma: Candidates with an overseas doctor degree who have gained international experience in biology, chemistry, pharmacology and toxicology are highly desired. Those with clinical trials experience remain highly sought after. Professionals who work in clinical operation, clinical data management, biostatistics or/and SAS programming fields continue to be requested by every big Pharma and CRO. Medical Physician roles are also growing in popularity while most companies are often looking for results-driven sales professionals.
Hays Sales & Marketing: We have seen increased demand for Internal Communications Managers as businesses work to better communication flow across all of their departments, including supervising the development of communication plans and the day-to-day implementation of the communication strategy. Communications Directors, Marketing Managers and Business Development specialists are also sought.
View the full Hays Quarterly Report at www.hays.cn/report from Tuesday 4 October, 2011.
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. It operates across the private and public sectors, dealing in permanent positions, contract roles and temporary assignments.
As at 30 June 2011, Hays employed 7,620 staff operating from 255 offices in 31 countries across 20 specialisms. For the year ended 30 June 2011, Hays reported net fees of £672 million and operating profit of £114 million and placed around 60,000 candidates into permanent jobs and around 190,000 people into temporary assignments. 31% of Group net fees were generated in Asia Pacific.
Hays operates in the following countries: Australia, Austria, Belgium, Brazil, Canada, Colombia, China, the Czech Republic, Denmark, France, Germany, Hong Kong, Hungary, India, Ireland, Italy, Japan, Luxembourg, Mexico, the Netherlands, New Zealand, Poland, Portugal, Russia, Singapore, Spain, Sweden, Switzerland, UAE, the United Kingdom and the USA.