The Guide highlights salary and recruiting trends across Asia drawing on data provided by more than 3,000 employers across Malaysia, Singapore, Hong Kong, China and Japan representing over six million employees.
China remains strong on gender diversity with 32 per cent of its management roles filled by women - a drop on the 36 per cent reported in last year’s Hays Guide. China is also the country with the smallest proportion of foreign nationals in its workforce at just eight per cent.
Across all countries, 51 per cent of organisations report having formal diversity policies and procedures in place while 30 per cent have nothing in place and 19 per cent were unsure of what their organisation was doing on diversity.
Of those with a formal diversity program, only 20 per cent claim their company adheres to policies and practices “well”. A further 34 per cent claim to adhere to policies and procedures “fairly well” while seven per cent admit not doing well at all and a hefty 39 per cent were unsure of their organisation’s performance.
According to Hays, diversity in all its forms is about providing organisations with a greater range of options when it comes to talent and workforce strategies.
“Both gender and cultural diversity strengthen the problem solving abilities of an organisation and promote a greater range of knowledge and experience to share across the entire workforce,” says Christine Wright, Managing Director of Hays in Asia.
“Localisation efforts rightly protect local employment markets where there is suitable local talent available, but in the current climate critical skills shortages exist. Companies able to tap into a global talent pool will perform better than those that must leave key roles vacant or make do with lesser qualified candidates.”
“The same can be said for those companies actively building their pipeline of female talent. When promoting from within, organisations that actively practice gender diversity have a much bigger talent pool to choose from,” said Christine.
Get your copy of the 2016 Hays Asia Salary Guide by visiting www.hays.cn/salary-guide, contacting your local Hays office or downloading The Hays Salary Guide 2016 iPhone app from iTunes.
Hays plc (the "Group") is a leading global professional recruiting group. The Group is the expert at recruiting qualified, professional and skilled people worldwide, being the market leader in the UK and Asia Pacific and one of the market leaders in Continental Europe and Latin America. The Group operates across the private and public sectors, dealing in permanent positions, contract roles and temporary assignments. As at 31 December 2015 the Group employed 9,420 staff operating from 248 offices in 33 countries across 20 specialisms. For the year ended 30 June 2015:
– the Group reported net fees of £764.2 million and operating profit (pre-exceptional items) of £164.1 million;
– the Group placed around 63,000 candidates into permanent jobs and around 200,000 people into temporary assignments;
– 23% of Group net fees were generated in Asia Pacific, 41% in Continental Europe & RoW (CERoW) and 36% in the United Kingdom & Ireland;
– the temporary placement business represented 58% of net fees and the permanent placement business represented 42% of net fees;
– 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