Archives November 2008

It is time to think hard about jobs

Three years ago, 3.38 million teenagers went off to college, hoping that higher education would lead to a bright future.

These days, many of those students are cutting class to attend jobs fairs, which began Sunday in Tianjin and Dalian and will be opening in various cities across the country this week, with some 530,000 jobs on offer.

According to the Ministry of Human Resources and Social Security, students majoring in business management, electronics and information, economics, engineering, foreign languages, construction and architecture, medicine, law, transportation, and chemistry and pharmaceuticals have the best chance of landing a job.

Despite the ministry’s upbeat announcement, the job prospects for this year’s college graduates are, frankly, not too bright.

The world is suffering from a global credit crunch. It seems virtually no country will escape economic recession.

In the US alone, millions of families may lose their homes. Consumer spending has ground to a halt, meaning that there will be far less demand for products from China. Already, as orders decline and exports shrink, tens of thousands of enterprises have closed down, while many others have cut back their production and employment.

Last year, 34.2 percent of China’s 3.5 million college graduates landed jobs with private businesses. How many such jobs will be available this year?

Some 350 businesses have listed about 30,000 positions on a job-placement website for university graduates. In the same period last year, 450 enterprises offered 50,000 jobs.

No wonder both the Internet and traditional media are filled with advice for worried job-seekers. Unfortunately, much of this advice raises unrealistically high hopes, hopes that in many cases are destined to be dashed.

Personally, I believe there is too much emphasis on starting salaries. In a recent online poll, only 3.81 percent of prospective college graduates said they did not care about starting salary, and less than 10 percent said they’d accept a starting salary of less than 1,500 yuan.

It has been suggested that the government set a minimum salary for college graduates. While I don’t think college graduates should enjoy a special minimum salary, the state at least should compile accurate information about the job market and provide it to graduates in a timely manner.

Colleges and universities, too, must shoulder more responsibility for helping job-seekers. Institutions of higher learning should not forget the heady days three years ago, when they claimed their employment rate was somewhere around 99 percent.

Ultimately, however, the responsibility for their future rests on the graduates themselves. They must think hard about what they want to do and make realistic choices as they look for jobs.

Frankly, the attitude of some college graduates leaves a lot to be desired. Back in the 1980s, I remember one new tour guide telling a colleague that she couldn’t care less whether the foreign tourists she was looking after caught a cold or not. Such attitudes are intolerable in any workplace.

Over the years, I’ve helped quite a number of talented young people join China Daily. They came with a clear interest in writing for a newspaper. Their first assignments were often not the challenging, important tasks they dreamed off, but they persevered. One young colleague of mine worked the night shift for three months for free, just to get a job.

Eventually, those who showed devotion, discipline, and creativity won the trust of the editors. They are the ones who have been steadfast in their work and have become good reporters and editors.

To get a good job, today’s graduates have only themselves to depend on.

Steps taken to stabilize job market

China’s Ministry of Human Resources and Social Security has announced a series of measures to stabilize employment amid the global financial crisis.

In a circular on Monday, the ministry urged local governments to maintain a stable employment market by strengthening the pre-warning and regulation system on unemployment.

Companies have to seek local labor bureaus’ for permission before mass layoffs or stopping recruitment.

The circular encourages State-owned enterprises do their best to minimize the number of layoffs. People who have lost their jobs because of bankrupt enterprises should be given the entire amount of unemployment insurance payment on time.

It calls for development of labor-intensive industries. Local governments should accord priority to developing key enterprises in labor-intensive industries, and improve relevant polices of financial support, credit financing and social service.
The ministry has laid emphasis on efforts to help university graduates, laid-off workers and people in impoverished areas find jobs. Calling for more efforts to implement a pro-active employment policy, it has stressed that laid-off workers of bankrupt enterprises be helped to find jobs.

Local government officials should visit enterprises and communities to register laid-off people, it said.

They should ensure basic living conditions for laid-off people, and provide employment services such as job training and guidance to help them find jobs as soon as possible.

Sales Representative (mkt260hk)

The client is an online trading, risk and portfolio management company.
Title: Sales Representative (Hong Kong Based)
Financial Services
Full-time
Job Description:
The sales representative is responsible as an individual contributor to secure business for a specific territory (may be designated geographically, by named accounts, or other distributions) and meet designated target revenue goals. This business will include both new licenses (and related fees) to new and existing accounts as well as ensuring renewals of existing accounts the sales representative is responsible for managing the complete sales process including identifying opportunities, managing a pipeline, presentations, pilot management, and securing contracts.

Responsibilities:
1. Pipeline development through prospecting and opportunity/lead development through partners and networking.

2. Overall sales cycle management including:

Qualification/ needs analysis of prospects -presentations/demonstrations to prospects
Validating business value and fit with pilots and prospects
Securing and managing pilots
Closing business/securing contracts
Coordination with support and implementation teams

3. Sales planning and reporting activities including reporting of pipeline and sales forecasts.

Requirements:

1. 7+ to 10 years of related experience
2. Management Experience Required – No
3. Minimum Education – Bachelor’s Degree
4. Willingness to Travel – Occasionally
5. The role requires that the sales candidate comes from the financial space, someone that has experience selling online trading, risk and portfolio management tools like them.

Others:

Base Salary – $100,000 – $120,000
Target Add’l Comp – $100,000 – $120,000

Commission Compensation – Yes
Relocation Assistance Available – Yes
Interview Travel Reimbursed – No

* Please send us your complete resume (both in Chinese and in English to: ‘topjob_mkt260hk@dacare.com'(Please replace “#” with “@”)
* In the email subject please include the position name with job #.

China to monitor possible mass layoffs, large-scale labor disputes

BEIJING, Nov. 17 (Xinhua) — As mass layoffs and labor disputes become more frequent when global economic slowdown wipes out more companies from business, Chinese government has urged local authorities to make best efforts to properly respond.

The top priority should be given to ensuring stable employment, said China’s Ministry of Human Resources and Social Security (MOHRSS) in a notice issued on Monday.

Investigation should be carried out concerning individual companies’ possible layoffs, especially labor-intensive factories, it said. The labor situation of companies that go bankrupt should be closely monitored.

In October, Local government in Dongguan of Guangdong Province, where many labor-intensive companies located, took out more than 24 million yuan (3.5 million U.S. dollars) to compensate for the salaries of over 7,000 workers, who was left helpless when a company owner secretly fled.

Emergency plans should be formulated in order to better prevent and deal with incidents involving a large group of unemployed workers, and make sure to report to higher level of the government and make appropriate arrangement as soon as possible, it said.

An efficient and convenient channel should be created for people to appeal for arbitration of labor disputes, so as to resolve major or mass disputes in time, it said.

The notice also required that arrangements be made to guarantee unemployment insurance, encourage reemployment, and better serve the migrant workers.

China opens nationwide job fairs for graduates amid global financial crisis

China’s Ministry of Human Resources and Social Security started a weeklong job-hunting service campaign on Sunday to help university graduates get employed amid the global financial crisis.

Nationwide job fairs and online recruitments will offer more than 520,000 job vacancies for the graduates.

Statistics showed that about six million students will graduate from universities and colleges next year and some 800,000 of this year’s graduates are still awaiting job offers.

Si Yilei, director of the ministry’s National Center for Human Resources, said besides the job fairs, the ministry would also provide consultations on job-hunting, give guidance and training to the graduates who choose to start their own business, and establish a database of unemployed graduates.

Vice Minister Zhang Xiaojian said the graduates would face severe challenge in job-hunting due to the global financial crisis.

“It’s significant to the social stability of helping the graduates to get employed,” Zhang said.

More job opportunities in less-developed central and western parts of China will be offered to the graduates, he said.

Creating jobs for migrant workers top govt agenda

The government’s latest economic stimulus plan could create at least one million jobs by the end of the year, in turn curbing rapid unemployment among migrant workers hit by a looming global recession, a senior researcher has said.

The $586-billion stimulus package will help ease unemployment from export-oriented enterprises in the coastal regions shutting down or cutting costs amid the global financial downturn, Liu Junsheng from the labor-wage institute of the Ministry of Human Resources and Social Security said on Tuesday.

The country will invest 100 billion yuan by the end of the year as part of the package, said the National Development and Reform Commission, the country’s top economic planner.

About one-third of the investment will go into improving infrastructure, boosting agricultural competitiveness and building up the social security network in the rural regions, sources close to the central government have said.

“This can directly bring new jobs for surplus labor in the rural regions,” Liu said.

“All these investments can create new jobs in towns and villages,” Liu said.

While the number of jobs created by the massive infrastructure projects will be considerable, it is equally important to stem the decline arising from the export sectors, Cai Fang, a labor economics specialist with the Chinese Academy of Social Sciences in Beijing, said yesterday.

“The stimulus projects for infrastructure nationwide will bring in a huge army of laborers and I’m sure a large number of migrant workers will return to construction sites for new work,” said Cai, who is also a member of the Standing Committee of the National People’s Congress.

“But the projects are still limited to infrastructure, which is not sufficient.”

“We believe the stimulus plan will create new jobs, but the government should pay equal attention to laborers in export-oriented enterprises. These enterprises may have been under pressure for a relatively long period of time,” Cai said.

“The central government’s fiscal policy has also stimulated the international community and we hope there will be more policies of the same caliber, both from the central and local governments, to support small businesses focusing on export,” he said.

The government should also use the momentum to spend more and revamp its social security system, to further help laborers deal with the economic challenges, Cai said.

“Most laborers worry about their welfare, retirement funds or unemployment benefits. The government should address these worries,” said Cai, who also suggested the government continue to remove the individual income tax from more low-income laborers.

Still, Cai said local authorities should not interfere in the job market to deal with unemployment.

Some local governments recently raised the standard wage for low-income workers, putting added pressure on enterprises and causing more unemployment, he said.

“These enterprises are facing their most difficult time, so the government, the enterprises and the laborers should go through this difficult time together,” Cai said.

China, which holds the world’s largest population of 1.3 billion, stands to face tremendous pressure from the 10 million people entering the workforce every year.

The government has set a target of maintaining at least 9 percent economic growth over the next two years, while the country is expected to keep its unemployment rate at about 4 percent, excluding migrant workers.

The country has about 200 million migrant workers, of whom 120 million move from rural areas to work in cities, figures from the Ministry of Human Resources and Social Security showed.

The largest number of migrant workers comes from Sichuan, Hunan, Hubei and Jiangxi provinces, as well as the Guangxi Zhuang autonomous region.

There has been an increasing number of migrant workers heading home to Chongqing municipality and Sichuan, Hunan and Hubei from the major exporting base of Guangdong in the past few weeks, the ministry said.

Hubei province alone registered 300,000 migrant workers returning home during the last two months, the Wuhan-based Chutian Metropolis Daily reported.

Similarly, the Hunan provincial administration of human resources and social security estimated that 2.8 million migrant workers will return to the province in the coming year, the local Xiaoxiang Morning Post reported.

Human Resources and Social Security Minister Yin Weimin said earlier this month that although 57,608 enterprises went bankrupt in Guangdong province, there were still 92,609 newly registered companies in the first three quarters of the year, which helped the province maintain a 10.4-percent growth rate.

However, in the third quarter of this year, the number of job vacancies in Guangdong was much lower than the previous year, and growth rate of newly created jobs has slowed down, Yin said.

VP of Human Resources – Healthcare (hr119bj)

Job Description
Our client is a fast growing healthcare company in greater China. It needs a seasoned Human Resources professional with extensive experience prefer knowledge of healthcare, China labor law, and Mandarin speaking.

Job Title: VP of Human Resources – Healthcare
Master degree or above.

Location: Beijing or Shanghai China

Very competitive package for executive talents. Full Benefits.

Relocation Assistance Available – Yes
Interview Travel Reimbursed – Yes

* Please send us your complete resume (in Chinese and in English) to: ‘topjob_hr119bj@dacare.com'(Please replace “#” with “@”)
* In the email subject please include the position name and job #

HR official: China confident of hitting job goals

The Minister of Human Resources and Social Security says the global financial crisis has had a negative impact on the domestic job situation. But Yin Weimin is confident of achieving the country’s whole-year employment goals.

According to figures from the Ministry of Human Resources and Social Security, the supply of new jobs in China in the first three quarters fell year-on-year. While growth in the number of new employees has started to slow.

He says the most vulnerable groups during this financial crisis are workers in export and labor-intensive fields. As the economy slows, the impact will be felt in the fourth quarter and the first half of next year. But he says he is confident in achieving this year’s goals of creating 10 million jobs and reemploying 10 million laid-off workers.

Yin Weimin, Ministry of Human Resources & Social Security said “By the end of the year, the employment and social security goals, which were set in Premier Wen Jiabao’s government work report, will be met.”

In the first nine months of the year, 9.4 million workers found jobs in urban areas, and 4 million laid-off workers found new jobs.

Minister Yin says the country’s sound and stable economic fundamentals will guarantee employment and social security. For example, the GDP growth rate for the first three quarters in Guangdong Province was 10.4 percent.

To help increase employment, the government will adopt a series of measures, like providing small loans to support the development of labor-intensive companies and encourage the creation of new businesses.

Nannies hit by financial crisis

With the financial crisis’ heightening sense of menace, many are reconsidering what they can and can’t afford – and employing a nanny at 30,000 yuan ($4,280) a year is falling into the latter category.

With a demanding job working for a multinational company, 27-year-old Ding Ting must now come home from the office and cook, care and clean for her children after being forced to let her nanny go.

“It’s a difficult time – every bit counts. After all, it’s not a small amount for employing a nanny,” Ding said, having relished the services of her nanny for the past two years.

“The possibility of being made redundant has been a sword of Damocles hanging over me since the crisis broke, and the problems are just starting.

“This has brought a huge stress to daily life.”

The hurricane howling through the world’s financial markets has left an oversupply of nannies in its wake.

A source from a local domestic service company said the city’s nanny market had dropped 20 to 30 percent in the past year, with nannies’ average salaries also decreasing from 2,000-2,500 yuan to 1,300-1,800 yuan.

The golden era for nannies in the city has come to a shuddering halt, Gong Linfang, president of Shanghai Pudong district domestic service association, said yesterday.

Local government founded the association in March to standardize and develop what was then a booming domestic service industry.

“The boom time for nannies in recent years looks to be ending now,” she said.

“Nannies are among the first to be hit when times start to get tough.

It is the hardest year for business of domestic service,” she added.

Li Rong, owner of Shanghai-based Laibang Nannies Company, said: “In the last month or two I have started receiving calls from employers saying they will stop employing nannies or switching to employ hourly waged nannies due to the depressed global economy and apprehension about future uncertainties.”

Meanwhile, insiders also attribute the current oversupply to a flood of workers laid off as businesses have failed.

“Fees for hourly-waged nannies have decreased from 15 yuan to 12 yuan, and at times even to the low of seven yuan, putting it back by two or three years,” said Xiao He, a nanny from Sichuan province with four years experience in home service.

“Normally at this time of the year, a rush of people come and look for nannies. But it hasn’t happened yet.

Some nanny companies have teamed up to weather the storm to share information from both employers and nannies in the city.

“That will give us a competitive edge in the shrinking market,” Li Rong said.

Sourcing Engineer (eng087nj)

Job Title: Sourcing Engineer
Job Description:
Company introduction: The client is a European company, which has become the world leader in automotive and machine tool markets during past 50 years, by offering its customers a combination of advanced products, market knowledge, and commitment to long term global partnerships. Building on these foundations, it has created an international organization able to deliver application, design, and service support virtually anywhere in the world. Its growth has been characterized by a strong commitment to research and development and close cooperation with customers in the automotive, machine tool, appliance, compressor, bearing, electric motors, aerospace, computer, and other industries. For the quick development in China, they are now looking for the talents to join them.

Report To: Sourcing Mgr.
Location: Nanjing

Responsibilities:
1. Out sourcing the suitable supplier & monitor current suppliers according to the quality requirement of the company
2. Responsibility on the quantity, quality, and price of procurement
3. Reduce the cost and maximize the delivery efficiency
4. Localize the components, the products and/or equipment
5. Study the manufacturing processes and move the production from HQ
6. Other job issued by supervisor
7. Knowledge-based negotiation on price, conditions, payment terms and contract requirements.
8. Issuing of Purchase Order and follow up with supplier for on time delivery.
9. Cost saving analysis and identifying opportunities for cost reduction.
10. Auditing and evaluating supplier’s quality system.
11. Manage part inspection and qualification process.

Qualifications:
1. B.E. in Mechanical Engineering or relevant
2. At least 5~6 years in industrial field of international company
3. Minimum 4 year Sourcing/Purchasing experience in manufacturing environment
4. Good English in reading and writing
5. Experiences in localizing the products and/or production
6. Flexibility, creativity, aggressive attitude to work in team, good communication skills
7. Be able to work independently
8. Ability to carry out several tasks at the same time
9. Plus – Familiar with machining process and heat treatment
* Please send us your complete resume (both in Chinese and in English to: ‘topjob_eng087nj@dacare.com'(Please replace “#” with “@”)
* In the email subject MUST you plus the position name ?in either En or Ch ?