Posted by APSCo on June 22, 2012
Yesterday was our last full day in China. Crystal Liu of Baker Tilly provided a breakdown of personal and corporate taxation in China (not too daunting), Daniel Leung of our Hosts, Squire Sanders, went further into the best methodology for setting up here and took a pretty pragmatic approach (!) Then our panel members from Morgan McKinley, NES, Antal and Empresaria answered a huge barrage of questions from the group with an openness and honesty that was truly impressive.
After a very late lunch and a quick freshen up, we donned our “glad rags” for the reception to honour the Queen’s Birthday and Diamond Jubilee, as the guests of Brian Davidson, the British Consul-General. What a great evening. Over 400 business dignitaries and Sebastian Wood, Her Majesty’s Ambassador, mixing at a garden party with British themed pavilions and even fish ‘n’ chips, shepherd’s pie, haggis and rhubarb crumble for dinner!
A fitting end to an amazing week!
Posted in China | Tagged: Antal, baker tilly, China, morgan mckinley, nes, squire sanders | Leave a Comment »
Posted by APSCo on June 19, 2012
No time for sightseeing today. Sungbo Shim and Laura Wang of our sponsors, Squire Sanders, did a brilliant job of taking us through Chinese Employment Law and allayed any fears that we might have had about employing a team of consultants.
The inimitable Tony Goodwin of Antal International introduced us to Zhao Naizhen who runs the China Association of Foreign Service Trades, which looks after the interests of the recruitment sector across China, and Wallace Gao, Chairman of Career International, one of the leading RPO providers in China. The conversation was enlightening.
Sarah Jones, Head of Operations in Asia for Antal covered the life of an ex pat in Beijing – busy, complicated but worth it, and Fiona Lander of Lander Associates, gave insights into how to engage a multi-cultural and multi-generational team.
Then a short but hair-raising cab ride across town delivered us to the CBBC to investigate their “launch pad” service for British businesses (frankly a no brainer for a start up). Phew! We’re flying to Shanghai tomorrow morning with a full afternoon schedule to follow.
Posted in China | Tagged: Antal, China, squire saunders | Leave a Comment »
Posted by APSCo on June 15, 2012
If we needed any more proof that the Chinese employment market is booming, new research suggests that salaries in the country’s machinery market are soaring.
According to Janice Liu, Manager of Antal International’s Machinery Team in China, candidates stepping into new roles now expect a 30% salary increase. By comparison, pay increases in the UK average 3% across the private sector.
Liu recently closed a deal with a candidate insisting on a 40% rise – most other candidates were asking for the same increase. ‘It is now more challenging for companies to balance staff turnover and retain their best employees. They have to pay more to hire new people who will be at the same level as other employees earning much less’.
There is no doubt that China’s growth is far from slowing down, and recruiters in the region are enjoying the rewards of this continuing upswing. It seems China is still on the front line of a dynamic shift in world economics, and companies in the Asia Pacific region require the skills of recruitment professionals to help navigate this exciting period of growth.
Posted in China | Tagged: Antal, China, pay rise | 1 Comment »