Archives 2007

Benchmark deal for mothers in workforce

FEMALE employees will earn the same salary during pregnancy and while nursing, according to amendments to a women’s rights law.

The amended law was adopted at the 35th Session of the 12th Shanghai People’s Congress which sat yesterday.

The Protection of Women’s Rights and Interests states that pregnant or nursing women can be moved to a new post but must keep the same pay.

“The previous law just stipulated that their basic wages must remain the same and their work contracts cannot be terminated,” said Song Zhongbei, director of the female affairs division in the Shanghai Trade Union.

“So some enterprises reduced salary to the minimum wage after arranging a new post for the pregnant worker.

“But nowadays the basic wage only accounts for a very small portion of the total salary, so it is necessary to amend the law.”

The law also states that pregnant or nursing workers are entitled to have their work load and work time reduced.

Employees should also get at least 80 percent of their salary when on maternity leave.

The amendments state that enterprises should hold women’s health checks at least once every two years, and the government will organize regular checks for retired women.

The incidence of breast cancer in the city has increased in the past 30 years, Song said.

In 1972, 17.7 women out of every 100,000 developed breast cancer. In 2004 it was 55.66 out of 100,000.

“So we suggest enterprises hold health checks for women every year if possible, in order to ensure treatment for the disease, which is a major cause of death among women,” Song said.

Extra break

The law also suggests enterprises sign a special contract with female employees to guarantee their rights and interests.

“The special contracts represent the different cultures of enterprises,” Song said.

The Shanghai Diesel Engine Co gives women employees more than seven months’ pregnant an hour’s extra break time a day.

More than 30,000 enterprises have signed special contracts with female employees, covering about 700,000 women in the city.

Chinese, Swiss minds unite

THE city’s top universities will be assisted in funds and human resources by a Swiss science organization.

Fudan and Tongji universities are on the recipient list, according to yesterday’s Science and Technology Forum, which has the theme “Innovation for the Future.”

The event was hosted by the Consulate General of Switzerland in Shanghai and the Science and Technology Commission of Shanghai Municipality. The Swissnex Shanghai, a science and technology center founded by the Swiss Education and Research Institution, an affiliated organization with the Consulate General of Switzerland in Shanghai, will begin operations in autumn.

About six Chinese and six Swiss scientists will work in the center, promoting cooperation between the top universities in the two countries.

The center will set up a foundation to award outstanding scientists from the universities. Students who make innovations in science and technology will also be rewarded.

“It’s the first time that we have set up such a science and technology center in Shanghai,” said Charles Kleiber, secretary of the institution.

“We chose Shanghai as the priority city because it has many common grounds with Switzerland, a place with a huge population and little resources, but always making efforts to promote innovations in science and technology.”

Channel Marketing Manager (mkt/185/sh)

Company introduction: Our client is located in the biggest in size and most modern bottling
factory in Asia among FM CG network. It covers 100,000 square meters and has a staff population of nearly 1000 permanent employees. The company has developed itself into a total beverage company with 2 main categories of products. They have long-standing belief that their business should bring benefit and refreshment to their communities. They are committed to their role as a good neighbor and responsible citizen.
They see people as the most valued asset.

Job Description:
Report To:Marketing Director
Location:Shanghai Jinqiao
The objective of this position is to link between brand marketing and sales to drive a profitable volume growth by executing appropriate marketing strategies in alignment with consumer/purchaser behavior and consumer needs within all existent channels. This is to be done by activating the right brands in the right package at the right price point with the right picture of success including the right locations, brand messages and promotion.
1.Channel understanding, information collection and analysis.
2.Annual channel strategy plan development and implementation.
3.Channel activation standard and guideline.
4.Channel program development/implement/tracking/evaluation.
5.Daily Operation / Brand, Pack,RTA Strategy, Development & Execution Enforcement.
6.Channel / Customer / Competitive Intelligence & DME Investment Assessment.
Job Requirements:
1.Bachelor degree or above;
2.At least 5 years relevant experiences of Channel Development or Trading Marketing in FMCG industry with minimum 2-year on managerial-level positions;
3.Mature, optimistic, accountable, willing to work under pressure;
4.Proficient in both oral and written English(CET6/TEM4/TEM8)£»
5.Good command of computer skills (Word, Excel, Power Point,Lotus Notes, and etc).

* Please send us your complete resume (both in Chinese and in English) to:
‘topjob_mkt185sh#dacare.com'(Please replace “#” with “@”)

Measure and Control Human Resources Performance

The business success is about taking right people to the right place on right time. So what is the problem? Actually, if you need to manage not one, but five employees or better five groups of employees, then you face the problem of measuring and control. It’s hard to tell whether one group is performing better or not, it becoming hard to compare one employees success against other one, it’s hard to see the unique features of people. So what the solution is? The key metrics and key indicators, which will tell you how to manage your stuff right.

There are two approaches I suggest to take into account when thinking about human resources (HR) at your company. First, you can think in terms of process, second you can think it terms of how do employees affect the whole business.

The processes of working with employees include: hire, education, management, retire. All the stages must be processes carefully, as they could fully change your business. For instance, if you will have the best system to hire stuff, but it will be working slowly, then you will fail. If your education system will allow to train everyone, but will not allow to check the actual performance generated by training processed, then you will fail. If your best people will retire, then you will lose.

So, that’s why it’s really important to measure and control all processes involved into employees relationship. People who you work with, should understand what your goals are and how they will help to achieve these goals. This is the key idea of manage and control in employees management processes.

Another approach is focusing on how someone’s job affect the company. It’s obvious that even if someone works in a Sales then he or she will affect not only the financial part of the business by generating sales, but also all other parts.

For instance, sales person will be involved in entire company processes, such as education and knowledge sharing. This person will also work directly with customers, so he or she might not just sale, but get a valuable feedback from end users of your product. These people will also help your company to grow not just in terms of sales, but in terms of better business processes and business efficiency.

So how to measure and control HR department at your company. The answer is very simple – you should develop some key indicators that will represent company business and then pay attention to what is working good and what should be changed. There are many names for this system, for instance KPI (Key Performance Indicators) or Balanced Scorecard. The result is having the clear view of what is going to happen in company and how it will steam-line your business.

What should be the first step? Actually, I think you have already had some important information for scorecard. For instance, you have document called “mission”, this is a general definition of your principles, you can some business goals, you have business processes described and formalized. What you need now is to gather all this important information into a easy to manage system, which will take in account the importance of each metrics. This system (Balanced Scorecard or KPI) will help to manage and control the performance of your HR department.

Bayer Signs MOU With China Europe International Business School

Bayer has signed a memorandum of understanding with the China Europe International Business School to work together to develop and enhance best practices in the chemical and pharmaceutical sectors in China, which have grown rapidly in recent years.

Bayer Technology and Engineering (Shanghai) Company Ltd. (BTES), a subsidiary of Bayer Technology Services of Leverkusen, Germany, signed the MOU with CEIBS a month after Bayer and the CEIBS established the “Bayer Chair in Strategy and Marketing” as well as the “CEIBS Center for Health Policy and Management.”

A key element of the MOU is the joint hosting of the “International Technology Excellence Congress in Process & Pharmaceutical Industry,” which was recently held on the CEIBS campus in Shanghai from April 17 – 18, 2007. The congress, which is set to become a joint annual event from this year onward, featured leading international experts from the chemical and pharmaceutical sectors.

“The cooperation with the China Europe International Business School, China’s leading international business school, is a landmark step forward, not only for Bayer Technology Services in China, but also in the continuing development of the chemical and pharmaceutical sectors,” said Dr. Armin Knors, head of BTES, at the congress, which attracted more than 150 participants from the chemical industry and leading universities. “These industries are likely to play a critical role in the ongoing growth of China, and we believe that the MOU will facilitate improvements in practices and procedures, both from a technological perspective and also in terms of the knowledge and expertise that workers in these sectors will need to have.”

The planned cooperation under the five-year agreement is just the latest stage in the sustained growth of Bayer Technology Services in the Asia-Pacific region. In recent years, the company as carried out a range of complex, cutting edge projects in China.

Dr. Rolf Cremer, Dean of the China Europe International Business School, said: “Our mission is to provide an understanding of international business management practices and how these can be applied in China. Our relationship with Bayer Technology Services means that we will be able to work closely with an acknowledged industry leader to help advance best practice in the chemical and pharmaceutical sectors in China.”

CEIBS was established in Shanghai on November 8, 1994 and is the leading China-based international business school. Its main objective is the contribute to the economic development of this country and its business communities. It does this by offering MBA students, top managers and senior executives of companies operating in, or planning to enter, China the latest knowledge and a thorough understanding of current practices in international management, helping participants to adapt them successfully to their own business environment. Based on its own campus in Pudong, Shanghai, the school is a not-for-profit joint venture established under an agreement between MOFTEC and the European Commission. CEIBS also has representative offices in Beijing and Shenzhen.

Senior Manager ¨C Risk & Product Control (A Top Investment Bank branch in China)

Our client is the branch of a top-tier wall street global investment bank in China. Located in Beijing, they are actively expanding their China business operation and have newly created the following vacancies

Summary
This is a combined Risk control and Product control role within the Controllers Division. The role will report to both the Chief Financial Officer and Chief Risk officer
The primary functions of the Risk Control is to control and monitor Operational and other risks in accordance with the rules and regulations in China, as well as the firm¡¯s policies
The primary functions of Product Control is to effect day to day financial management of trading activity in the firms proprietary accounts.

Principal Duties and Responsibilities:
• Assist Chief Risk Officer in all aspects of risk monitoring and controlling for the firm
• Daily monitoring of risk management system’s alerts, and follow up on issues with Operations, Compliance, Sales and Traders
• Daily monitoring of proprietary positions against various risks measures and limits
• Participate in all new projects/business and help consider risk angles
• Confidently interact with regulators and auditors
• Intelligently review trading businesses, to highlight and report unusual activity
• Prepare daily p&ls for trading desks, including a review of inventory valuation, and limits
• Stay informed of developments and issues in the trading area
• Month end procedures including prepare accounts and post to firm’s ledger
• Liaise with various departments
• Work closely with other areas within Controllers, both in China, Hong Kong, and globally, as well as with other divisions

Knowledge and Skills:
• Fluent Chinese and good English speaking/writing skills (risk management system is in Chinese, and interacting with regulators will be in Chinese)
• Excellent communication skills, both written and oral
• Have a good understanding of securities business, products, operational flow, and associated risks
• Team player
• Strong character, able to work under pressure, and relatively independently
• Self confidence to interact with demanding internal clients
• Computer literate and highly numerate
• Ideally have 4 years+ experience in Big 4 accounting and/or the financial industry
• Previous experience in Risk Control functions in PRC, Operations and/or Product Control are a plus

Location£ºBeijing

Very competitive package for qualified candidate
If you are interested in other wall-street top-tier investment banking jobs other than the one listed above in China, please email us your CV as well. Our banking/finance recruiting team will get in touch with you once we find a matching opportunity for you.

DaCare Consulting is the leading banking/financial executive search firm in China. Register your resume at our talent center: www.dacaredb.com today.

We are actively looking for following senior executives stationed in mainland China for our global clients:

 CFO, Controller
 Internal Auditors
 Sr. Executive – Risk Control
 Sr. Executive – Operation
 Sr. Executive – IPO
 Sr. Executive – Product (FX, EQ, IR)
 Banking IT executive

* Please send us your complete resume (both in Chinese and in English) to:
‘topjob_eo095bj#dacare.com'(Please replace “#” with “@”)

Manager, China Operations (A Top Investment Bank branch in China)

Summary
Global Operations is responsible for ensuring that all settlement and clearing activities for equities and fixed income related transactions are completed in a timely fashion with no flaws. The team is also responsible for cash management and reconciliation functions to ensure sufficient control is in place to identify issues. In order to conduct our daily operations, our staff relies on good understanding of both equities and fixed income products and knowledge of the securities market infrastructure, understanding of market rule and regulations. Given the dynamic nature of the businesses, Global Operations collaborates with business areas, to define solutions to support new products and to continuously improve processes and reduce risks through the application of technology and analytical techniques.

The candidate will be part of the regional Payment and Control team and will have primary responsibilities in Treasury functions. The candidate will also participate in the logistic planning of initial public offerings led by the firm

Principal Duties and Responsibilities:
-Day-to-day cash management
-Funds reconciliations to maintain the integrity between internal records versus -external records
-Issues analysis and resolution through working with banks, controllers, trade -processing team and IT
-Ensure all treasury-related processes adhere to internal policy as well as external rules and regulation
-Work with Corporate Treasury and other relevant departments to explore funding opportunities

Knowledge and Skills:
-Knowledge in Initial Public Offering process
-Organized, ability to set priorities as well as multi-tasking
-Good attention to details / ability to work under pressure and to meet deadlines
-Good communication skills (verbal and written) for both English and Chinese (Putonghua)
-Good interpersonal skills with good analytical abilities
-Client-service oriented; ability to clarify and understand internal client needs, efficiently and effectively respond to business queries
-Prior experience in Operations or Initial Public Offering process: 1-2 years preferred
-Bachelors Degree required
-Location in Beijing

Very competitive package for qualified candidate
If you are interested in other wall-street top-tier investment banking jobs other than the one listed above in China, please email us your CV as well. Our banking/finance recruiting team will get in touch with you once we find a matching opportunity for you.

DaCare Consulting is the leading banking/financial executive search firm in China. Register your resume at our talent center: www.dacaredb.com today.

We are actively looking for following senior executives stationed in mainland China for our global clients:

 CFO, Controller
 Internal Auditors
 Sr. Executive – Risk Control
 Sr. Executive – Operation
 Sr. Executive – IPO
 Sr. Executive – Product (FX, EQ, IR)
 Banking IT executive

* Please send us your complete resume (both in Chinese and in English) to:
‘topjob_eo096bj#dacare.com'(Please replace “#” with “@”)

METSO PAPER: Metso Paper to establish a new service center in Guangzhou China

Metso Paper, Inc.

Metso Paper to establish a new service center in Guangzhou, China

Metso Paper will establish its second Service Center in China. The
center, which will be located in Guangzhou, Guangdong province, will
provide advanced machinery maintenance and process development services
to the pulp and paper making industry in southern China. The value of
the investment is close to EUR 10 million.

The new greenfield Service Center will be operational in 2008. In the
beginning, the center will employ 40 service professionals – recruiting
of personnel is already ongoing.

The Guangzhou Center will feature a fully equipped roll service workshop
providing rolls, roll covers as well as mechanical roll maintenance for
all makes and sizes of pulp and paper machines. In addition, the center
will offer a full scope of spare part and mill site services.

Establishment of the new Guangzhou Service Center is a natural
continuation to Metso’s commitment to serve the Chinese pulp and paper
industry locally. In line with this, Metso Paper is also strengthening
its existing service operations in China. The Wuxi Service Center that
was opened in Jiangsu province in 2001 will double its roll service
capacity by opening an extension in October 2007.

In 2003, Metso Paper established a logistics center in Wai Gao Qiao,
Shanghai, to support fast deliveries of spare parts and consumables.

To serve the growing paper, board and pulping equipment market, Metso
Paper also has a production plant in Shanghai with 500 employees, and
a 1,100-strong manufacturing joint venture in Xi’an.

During the last ten years the Chinese pulp and paper industry has made
substantial investments in new machinery and technology. Metso Paper has
been involved in many of these projects, and is currently the leading
technology supplier to this industry.

Metso is a global engineering and technology corporation with net sales
of approximately EUR 5 billion. Its 25,500 employees in more than 50
countries serve customers in the pulp and paper industry, rock and
minerals processing, the energy industry and selected other
industries.
www.metso.com

Graduates matched with firms

SHANGHAI has launched a technician training program to solve unemployment among young people by matching polytechnic and college graduates with employers, city officials announced yesterday.

The pilot training program will be implemented this year in schools and vocational institutes specializing in training of students for the automobile, equipment manufacturing, new material and new energy, logistics, trade, exhibition and other manufacturing industries.

Jiao Yang, the city government spokeswoman, said matching graduates with companies could fill the professional vacancies while at the same time ease the city’s youth unemployment pressure.

Schools are required to cooperate with firms to design curriculums and carry out classroom teaching according to employers’ requirements.

Schools can send students to work at the companies on a regular basis throughout the three-year study period to gain practical experience. But the total hands-on job training period should not be less than one year.

The government will allocate money from the city’s unemployment fund to subsidize companies for costs of using their equipment.

Officials said the training program was expected to raise the city’s percentage of high-level technicians from 17 percent now to 25 percent by 2010.

Foreign automakers plan free labor training

GENERAL Motors, Ford and DaimlerChrysler announced today they will provide training for their suppliers in China on how to keep their working conditions safe, health and legal.

The plan has the backing of the China Association of Automobile Manufacturers, a government-supported industry group, the three automakers said in an announcement, according to The Associated Press.

General Motors Corp has more than 20,000 employees in China and relies on suppliers employing thousands more. Ford Motor Co and German-American automaker DaimlerChrysler AG similarly have many suppliers based in China.

Senior executives of the three automakers were in China’s commercial capital for the weeklong 2007 Shanghai Auto Show, which ends on Saturday.

The automakers will use training designed by the Automotive Industry Action Group aimed at educating suppliers about Chinese labor laws and improving compliance with safe working standards, the statement said.

“The single most important resource at any of our member companies is people,” J. Scot Sharland, the action group’s executive director, said in the statement.

“Given the tremendous growth of North American investment in the developing Chinese automotive supply chain, it is imperative that these companies are cognizant of local labor laws and fundamentally understand that Ford, GM and DaimlerChrysler expect 100 percent compliance.”

The training is due to begin by the middle of 2007, it said.

The statement cited an unnamed official from the Chinese automotive industry group noting the need for companies to abide by domestic labor laws.

Multinational companies operating or sourcing in China are under intensifying scrutiny for labor conditions at their factories and those of their suppliers. Meanwhile, China has been urging foreign-invested companies to let employees join the government-sanctioned labor federation.
The Automotive Industry Action Group was set up in 1982 to handle industry-related issues such as cost reduction, product quality, health, safety and the environment. It has more than 1,500 member companies in North America, Europe and the Asia-Pacific.

The group said it is also beginning training sessions in Mexico in mid-2007.