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 But this year, they have been replaced by career ideal, salary and career opportunity.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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China is one of the world’s great growth markets and is likely to be for many years to come. Foreign companies often face difficulties in assessing Chinese market demand and enacting effective strategies because of the language barriers, culture differences, and high expense.

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They said that the rates of basic medical, unemployment, workplace injury and maternity insurance for urban residents can be reduced (in some areas) by a proper margin for a maximum of 12 months next year.

The Ministry of Human Resources and Social Security, the Ministry of Finance and the State Administration of Taxation said companies in financial difficulties can delay payment of social security funds for up to six months.

But, the statement said, without elaboration the criteria of “financial difficulty”, the rate of contribution to pension funds should not be cut.

Typically, 20% of an employee’s basic salary are paid by companies to the pension fund while 8% by employee.

Medical insurance comprises payments of 6% of the salary by a company and 2% by the employee.

The ministries will also allow local governments to use unemployment insurance funds to subsidize jobs at struggling companies for a maximum of six months. But only companies that promise not to lay off workers or cut only a small number of jobs will be subsidized.

At the same time, all the measure should not decline people’s social security benefits and cause a shortage of the funds that back social welfare.

Other measures include:

• Setting up of special funds to help train workers;

• Encouraging employers and employees to negotiate and sign economic compensation agreements on job cuts.

The moves above are the latest ones from central government to help raise the rate of employment.

Before the Spring Festival, hundreds of thousands of more than 200 million migrant worker have lost their jobs and have had to go back home.

The rate of China’s urban registered unemployment stood at 4% in the third quarter, but may rise in the next quarter, according to officials earlier.

Are you interested in the business opportunities in China?

China is one of the world’s great growth markets and is likely to be for many years to come. Foreign companies often face difficulties in assessing Chinese market demand and enacting effective strategies because of the language barriers, culture differences, and high expense.

BPOVIA is the leading virtual assistant and Knowledge process outsourcing (KPO) service provider in China. BPOVIA is the only virtual assistant company ever been nominated for the prestigious “Red Herring 100 Asia” Awards 2008. Combines international perspective with local know-how, BPOVIA can provide our clients China business development service and help our clients doing successful business in China.

Please visit http://www.BPOVIA.com/ for details about our service.