Tag Archives: State-owned Company

It Takes a Smart Firm to Keep Smart People – China Daily

It’s good to bring in staff from overseas, but that is only half the job.

Since China joined the World Trade Organization in 2001, a great number of its state-owned enterprises have developed businesses overseas. An increasing number of SOEs are also conducting international commerce with other countries. Both trends show us that the need for excellent international talent has become inevitable for SOEs. But the fierce competition among all kinds of companies in the knowledge-based economy has led to an urgent lack of foreign talent in SOEs over the years.

There is no doubt that it is critical for companies to take care of their foreign talent, especially high-end management talent and multitalented expats. From human resource management to human resource development, to retain foreign talent can be presented in every detail. But it is difficult to say whether SOEs have done a good job in retaining foreign talent.

To begin with, I would like to talk about the process of adaptation by foreign talent to the Chinese working environment. SOEs should always bear in mind that foreign employees may not stay at the company till the end of their contract.

If an SOE really wants a foreign talent to stay in the company for a long time, it really needs to take action. For instance, in order to help skilled foreigners get used to the environment quickly, a mentor from the company can be arranged to help the foreign employee with life and work issues. SOEs can also plan team-building activities to encourage them to communicate with local employees. Moreover, SOEs can organize training sessions for new employees so that they can get familiar with the company within a short time.

Another important issue is that fairness, transparency and efficiency in performance appraisals should be improved so skilled foreigners can receive objective feedback about their work. A fair performance appraisal plays an important role in the development of one’s career. Foreign employees enjoy positive recognition from their company, while negative feedback may stimulate them to work harder.

It is also very important for a foreign talent to see an SOE’s real action. To be specific, if a foreign talent performs very well, he or she expects to see a salary increase that matches what is noted in the performance appraisal.

Developing a better incentive system is also a positive action to take for SOEs.

What needs to be addressed is that both psychological and material incentives should be considered. The psychological incentive refers to an encouraging environment for foreign talent. Positive comment and feedback from management can infuse foreign talent with confidence, which can also develop into work motivation.

As for material incentives, I think SOEs should come up with some smart ones. By saying smart, I mean incentives that are tailored to foreign talent. Take housing subsidies. For foreign employees, a housing subsidy is not really practical. The majority of foreign employees in China rent houses rather than buy them. Instead of paying for the housing subsidy, SOEs could choose to pay for Chinese language courses if they are going to stay in China for a long time.

Another issue is with Chinese medical insurance. The Chinese medical insurance only covers expenditure in Chinese hospitals, but it is difficult for most foreign employees to talk with doctors or nurses in the local language. SOEs should consider foreign hospitals or clinics as options.

Lastly, taking care of the family of a foreign employee is also a good way keeping them. Foreign employees, being in another country, are unable to spend time with their families. Arranging a trip for the family of the foreign employee may be a great idea.

There are still a lot of challenges for SOEs. Attracting and retaining international talent is certainly not an easy task, but it would be helpful for SOEs to solve the issue of retaining talent by considering the suggestions set out here.

The author is CEO & founder of RMG Selection, an Asia-focused human resources and recruitment consultancy.

http://usa.chinadaily.com.cn/weekly/2013-04/26/content_16451326.htm

Headhunters Marching into State-owned Enterprise – Global Sources

[原创]RMG人才流动调查发现:猎头“杀”入国企

RMG中国人才调查(China Talents-Flow Survey)是罗迈国际(RMG Selection)在2013年1月~3月期间进行的一次关于2012-2013年人才流动以及猎头在其中起到的作用的调查。在被调查的2000余名人才中,有32.36%的人去年有换过工作,同时有50.26%的人成功通过猎头找到新工作。调查中一项针对职场人士倾向于选择何种形式寻找新工作的结果显示,近6成人更愿意通过猎头更换工作,其中通过“猎头联系”寻找新工作占57.69%,网络招聘和朋友推荐分别以24.42%和12.92%居第二位和第三位。可见在人才流动中,猎头正发挥越来越重要的作用。

 猎头入国企,三成国企员工去年通过猎头跳槽成功

根据调查结果统计,将公司性质结合职场人士选择何种形式找寻新工作进行比较,发现国有企业的员工中有35%的被调查者选择“猎头联系”。对于欧美公司的员工而言,猎头无疑是大多数人的选择,占总比例的72%。

 超一半人认为猎头打来的电话更专业,公司越大越信任猎头

对整个招聘流程来说,电话招聘可以说是不容忽视的一个重要步骤。电话招聘看起来很简单,就是通过电话与求职者沟通以实现我们的招聘目的,然后专业的电话会更好得吸引求职者。在此次的人才流动调查中,针对电话招聘谁更专业来看看求职者们的看法,调查显示有52.26%的被调查者认为猎头打来的电话会更加专业,其次是招聘方的人力资源部,再其次是公司直线经理,为别占31.2%和13.76%。

根据公司的规模来看求职者们如何选择求职渠道,调查显示,公司规模与信任猎头程度成正比,公司规模越大,员工对猎头的青睐程度也越高。1000人以下的公司选择猎头更专业的占到四成以上,而1000人以上规模的公司员工中有五成以上的人选择猎头打来的电话更加专业,如图四所示。这些专业的电话与猎头公司的专注和专业是分不开的,当然选择专业的猎头公司也会对自己的职业生涯有积极的推动。

收入者近8成换工作选择猎头

调查还发现,工资越高,通过猎头联系新工作的比例越高。工资范围在1000-15000之间,有45%的人选择“猎头联系”, 工资范围在15001 – 20000之间,有68%的人也选择“猎头联系”, 工资范围在20001 – 25000之间,选择“猎头联系”的人更多,为72%,到25001 – 30000之间,选择“猎头联系”的比例达到82%。

高素质人才,即人们常说的高端人才,或是C级人才(COO,CFO,CHO等),是企业发展的重要战略资源,帮助企业寻找、选择和聘用高素质人才,已经成为人才市场资源配置的重要方式。而猎头行业,作为现代社会经济的一个重要组成部分,在人才流动市场中发挥着不可或缺的作用。如此高比例的中高收入者选择猎头成为其换工作的首选方式,无疑也是对猎头工作的认可。

罗迈国际(RMG Selection)的CEO潘瑞宝认为,目前中国市场上的猎头公司良莠不齐,仅一小部分有专业的工作流程,RMG中国人才流动调查显示,大部分人认为仅有不到30%的猎头会对候选人进行真正的职业指导和培训,虽然目前市场开发趋于成熟,但如何选择专业的猎头合作将是众多雇主和求职者的未来挑战。

Now for a Place on the big Stage – RMG CEO on China Daily

The post-90s generation is about to enter the workforce. what should they, and employers, expect?

In the past few years, I have been asked by dozens of media organizations why State-owned enterprises and local employers are so attractive to graduates. However, the latest ChinaHR-sponsored Best Employers List, an annual compilation of the most-desired employers among China’s new graduates, contained a different view.

The list, published last month, featured 18 multinational companies (MNCs), and shows an increasing tendency toward working for MNCs as their employment brands become more attractive compared with SOEs and Chinese companies.

Moreover, in the discussions started by job seekers on Internet chat rooms in China, foreign companies seem to attract the most attention. “Hasn’t the Philips interview started? I’m so anxious!” “Does anyone know about Unilever’s admission news?” The urgent questions come one by one, and there are signs of recovery for foreign companies in China – it seems that they tend to be the first goal of this year’s graduates.

Actually, according to my experience in career consulting, this type of change is inevitable. Young graduates seem to feel comfortable when foreign companies interview them. My company, RMG Selection, found that 90 percent of candidates choose to stay in the same type of company. That means people who work for a MNC prefer to have another MNC to be their next employer, while people working for an SOE job-hop to other SOEs as well. Only 10 percent will consider a change.

Why does this happen? Clearly the influence of company culture and philosophy is a major reason. As we know, foreign companies usually have a different culture and management style to more traditional Chinese companies.

The post-90s generation has grown up at a time when the social material condition is relatively rich. In particular, information availability, information technology and the Internet developed rapidly as the 21st century dawned. Those changes have deeply influenced the growth of the post-90s generation.

The Horizon Group recently released a survey about the psychology of this generation. The report showed that 26.3 percent of participators believed the biggest reason for success was “knowledge and ability”; the best features they liked were “talents” (49.5 percent) and “great effort” (29.4 percent). This group of people is said to emphasize individuality and self-actualization. As the survey said, 46.7 percent of respondents enjoy change in their lives and 43 percent of them like to be out of the ordinary. All those qualities fully match European corporate culture, which is often known for its diversification, inclusiveness, critical thinking, encouragement and openness.

What is diversification at the company level? It comes from a multifaceted culture and a comprehensive platform. Take one of our clients, a dental-product manufacturer KaVo-Sybron Dental China, which belongs to a US-owned Fortune 500 enterprise, Danaher Corporation. Their products, including all kinds of dental supplies and infection-control products, are sold in more than 100 countries all over the world.

Its personnel benefit from the company’s diversified platform. Most of KaVo-Sybron’s employees have a medical background. With a solid training system named DBS (Danaher Business System), the employees’ personal qualities are comprehensively developed in different ways, including technique, professional behaviors and creative thoughts. Each year, the Harvard Business School takes a case study from DBS.

Secondly, there is a well-designed rotation program that involves circulating employees between positions and locations. The company also maintains a good relationship with experts in the field, and employees can build up a very powerful network by participating in the salons that their employer holds dozens of times every year.

Another benefit of the diversification of company culture is inclusiveness. Many MNCs or Western companies try to understand the different characteristics of their employees and allow them to flourish. With a more inclusive corporate attitude, the company will take a very different and positive attitude toward making mistakes.

For example, in my company, we firmly believe that the only way to learn more is by making mistakes. Many people (particularly working in Western companies) believe that routinely punishing mistakes contributes to a poor culture, and instead try other approaches such as using mistakes as educational case studies. It’s worth mentioning that the discussion (and any judgment) of mistakes should be kept private, while praise for good work is public.

Should we say “good” all the time? Certainly not. People need to be critiqued, and the post-90s love it. In my experience, people in China are among the most receptive to positive criticism. According to the Horizon Group’s survey, many of the post-90s generation are frustrated and confused as they find a big disparity between practical work and their ideal job. It is therefore hard for them to concentrate on a job for a long time, and their job-hopping rate increases.

Here’s an example explaining how to act. A well-known pharmaceutical company came across a problem when it first hired a batch of graduates from the one-child generation. The company treated them very discreetly, because it was afraid the new employees would break down under pressure. Unfortunately, the new employees were found to be quite inefficient. A later survey by the company’s human-resources department found that direct criticism from their superiors was what these employees liked the most, as they believed a justified critique meant their employers cared about them.

On the other hand, we should also remember to encourage our employees. Motivation and praise promote innovation and maximize development among the post-90s. Increased positive responses let this generation understand that the enterprise accommodates them, and also increases their sense of accomplishment, pride and desire for further good performances.

Last but not least, an open attitude – a common feature of foreign companies in China – is quite precious and satisfying for employees. In my view, openness refers to three aspects. For the first one, the door to foreign companies is fairly open to everyone. Everyone can fully display his or her talent. In the office, it is unusual to refer to someone by their rank. You can surely call your boss by his or her name, and so can your colleagues. Also, many of the more progressive foreign companies have an ongoing, tailor-made training program for their staff.

Then there is the core spirit of company, which is taken as the most important thing to consider before choosing a job. Especially for those post-90s first stepping into the job market, the spirit of company decides their future career development. Once again, let’s take a look at KaVo-Sybron, which takes integrity, passion, innovation and excellence as its spirit. In this special business, integrity comes first, which attracts many graduates to the company. They’re quite people-oriented and insist on a “prior to do everything, you need firstly to be an upright person” principle. For the post-90s, who emphasize individuals and self-actualization, integrity is the most respected personal quality.

The third aspect is the performance-appraisal system. As long as you are really talented, your talents will not be neglected with this system. There are no “unspoken” rules in foreign companies. You are the chief determiner of your own performance, and of course a scientific evaluation method is also a powerful support. This is like the saying “You are your own master”.

This is regarded as the first year that the post-90s graduates will step into the workplace. If you are part of this group, how should you properly orient your career? First of all, you should find out what kind of role you wish to play on the big stage of labor. Then, you need to understand the various careers on offer to find the one that best suits you. My suggestion is that internships are quite a wise way to achieve this; there are various internship opportunities provided by foreign companies. Once you know yourself, and you know what your ideal job looks like, it’s inevitable that you will find a happy and successful workplace.

The author is the founder and managing director of RMG Selection, an international recruitment group. The views do not necessarily reflect those of China Daily.

Read the whole article: http://europe.chinadaily.com.cn/epaper/2012-09/07/content_15742179.htm

Read the magazine:  https://www.rmgselection.com/images/rmg%20news_cd_sep_rp_1.jpg

Archives