Title: Never underestimate the importance of
1Best Practice Recruiting In China Onrec
Conference - Chicago Sept 12th, 2006
- Never underestimate the importance of
- local knowledge
2About MrTed
- Founded in London in 1999 by professional
recruiters. - Europes leading global provider of Talent
Management Solutions - Pioneered the e-staffing concepts and technology
5 years ago and continue to drive industry and
technology forward - 150 customers representing 50,000 corporate users
across 100 countries. - Global service delivery 100 staff across 15
offices worldwide. - Deployed first Talent Acquisition solution in
China in 2001.
Global Provider
MrTedTalentLinkTM promotes consistency,
efficiency and transparency in recruiting and
internal mobility, thus creating a worldwide
interactive talent network with hundreds of
recruiters and thousands of hiring managers Dr
Hans Hoeller, VP Corporate Recruiting, Siemens AG
3Chinese Paradox
Talent Shortage
among the plenty
Our company's growth strategy is directly
linked to our ability to hire and retain the
right people." John Carr, president BAX Global
Supply Chain
It is more likely for me to win a lottery than
to get a satisfactory job." Du Xin, 23-year-old
University Graduate
?
- 4 Million Graduates are coming out of Chinese
universities in 2006 and they have a hard time
finding a job
- War for Talent is fierce in China
- 70 companies report problems to recruit
- Salaries are growing fast
- Staff Turnover averages 13
- Agency market booming
4A Chinese Resourcing Scorecard
- And with 1bn of Foreign Direct Investment
entering China every week, - things just arent going to get better
5In an Ideal World
- Total Resourcing Efficiency (TRE) is the full
- alignment of workforce acquisition capabilities
- with the strategic needs of the business
In China, its the ability to gain exclusive
access to the very best candidate, on-demand
65 steps to Total Resourcing Efficiency
- Gain Control
- Streamline Delivery
- Source Smart
- Hire Right
- Train to Retain
71. Gain Control
- Bring Transparency and Consistency in the
recruitment process - Put every job and every talent from any channel
in one single (flexible) technology platform - Gain access to meaningful, real-time Management
Information
82. Streamline Delivery
- Make sure to have professional recruiters on
board. - Centralize resourcing in nation-wide shared
service centre - Enable world-class end-to-end processes, from
authorization through to on-boarding - Automate level-1 admin tasks (ex. screening,
response management) - Deploy Manager-centric service supported by self
service capabilities and clearly defined SLAs
93. Source Smart
- Deploy a Chinese language career website
- Invest heavily in Brand Building, driving traffic
to website - Invest in Campus Recruiting / Marketing
- Initiate the systematic sharing of good
candidates in Talent Pools - Ensure quality candidate experience throughout
the process - Implement a local referral program
- Source Internationally (Chinese born, western
educated)
104. Hire Right
- Revisit requirements What is really important
for the job in China and what was copied over
from that original job desc. - Each hire is an investment Assess personality
and potential as much as or more than actual
skills - Be quick, top talents dont stay on the market
for long
115. Train to retain
- Chinese want to learn and tend to learn fast.
Training is the key to loyalty in China - Salary levels are growing fast without much
consistency. Pay raise will not prevent attrition - Clear Career development path are critical.
Probably worth running them more frequently and
with deeper penetration than in other countries - International Management Development programs
Take on more Chinese nationals that you
theoretically should - Chinese Job Market is very dynamic. Make sure it
is as easy for one of your employee to find a job
internally than it is to find one with your
competitors.
12Thank You Questions ?