Large companies continue their employment in China
Recently, many multinational firms are cutting their jobs and reducing the costs as a result of global financial crisis, however, many industry giants like General Motors China, McDonald’s, Johnson&Johnson Medical China and Wal-Mart have confirmed that they will not stop their recruitment in China.
During the 2009 Hewitt Best Employers in China session on March 26th, 10 companies said that they have plans for recruitment this year.
The CEO of McDonald’s China, Jeffrey Schwartz said that McDonald’s was ambitious on the Chinese market. Meanwhile, 175 new restaurants will be opened in China, which will create around 10,000 hob opportunities this year.
Xie Wenjian, CEO of Johnson&Johnson Medical China, said that it was good to use talent in this hard time, and he also added that the current situation made them easier to have good staff with an affordable price.
Xie also said that they thought that it was a great chance for those companies to grow in China because of the government’s medical welfare policy. In the first 2 months, Johnson&Johnson Medical has employed about 100 university students and it will continue this plan throughout this year.
US car giant General Motors (GM) claimed that it would expand the staff number in China while it is cutting jobs in the other part of the world now. “Without accurate new job numbers, GE will hire more people in China especially in research sector.” said Kevin E Wale, president, GM China.
In the report Hewitt Associates said that good staff can enhance human resource cultures which can be helpful for the productivity.
The elements for an employee to work harder are regarded as the most important change in the 2009 report. While 2 years age, in 2007, the top three elements were: career development, salary and performance management. But this year, they have been replaced by career ideal, salary and career opportunity.
The deputy managing director of Hewitt, Xu Feng, said that this kind of change reflects that the employees are paying more attention on whether their own values can be fulfilled in the company instead of focusing on the promotion or salary.
Human resource directors at the meeting expressed that cutting costs in non-human capital areas such as travel and other expenses should be advocated rather than cutting salaries.
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