What are Hays China’s Top Ten Talent Trends for 2022?
For Chinese businesses, much of 2021 has been about striking a balance between regulatory compliance and adapting to a post-COVID world.
“The regulatory pressure that has come down on multiple industries means companies now have to ensure their business strategies enable them to not only recoup the growth that had been lost to the pandemic, but also remain compliant in a new regulatory environment,” says Jessica Wang, Managing Director of Hays China.
Moving into 2022, there will be a stronger focus on growth, especially as more traditional businesses begin to enter the digital economy. As a result, there will be a pronounced rise for talent with specialist digital skill and expertise in emerging technologies across industries, heating up the competition for talent with these skills.
“The race is on for talent acquisition teams to forecast their talent needs early and talent strategies to shifting business priorities,” says Jessica. For companies with lean teams that need to hire at high volumes, Jessica advises leaning into recruitment process outsourcing (RPO).
“MNCs and domestic firms ahead of the curve are taking full advantage of RPO as it is cost effective, saves time, yet caters to specialist hiring needs. As the war for talent intensifies, it could be the key to success for companies looking to plug talent gaps.”
Here are China’s top ten talent trends in 2022:
1. Accelerated digital transformation across sectors
2. Demand for Cybersecurity professionals will strengthen rapidly
3. AI and Big Data to boost Life Sciences sector growth
4. Industrial sectors will focus on sustainability
5. The continued rise of Green Finance
6. New opportunities in the Greater Bay Area
7. More hiring expected in Securities firms
8. Demand for Supply Chain professionals will remain consistent
9. Data protection the focus in Legal and Compliance space
10. More businesses will lean into Recruitment Outsourcing
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