Advantages Of Hiring International Executive Search Firms In China

Finding the right candidate for the C-Suite is an overwhelming, difficult, and intense process for any company. It can cost much more than you expect for a single failed high-level executive hire. As the stakes are extremely high, there has to be a safe way to hire your team of executives. The answer is hiring an international executive search firm in China. These firms help you hire the best possible candidate saving you an extensive amount of time and resources on recruiting. 

Below are a few benefits life science executive search firms in China can bring to the hiring process.

1. Impartial Screening For All Candidates

A neutral eye is very important in the hiring process especially when there are internal candidates involved. A search firm provides you an objective third-party perspective and guarantees that candidates are selected based on their merits. In addition to this, they use advanced technology, marketing resources, and their personal well-established global network to identify potential candidates from a diverse passive and active candidate pool. 

2. Comprehensive Recruitment Process

Before the recruitment process begins, a search firm carries out a detailed interview with the key stakeholders involved in order to understand the organization’s culture the requirements of the job. This information is then used to list out important personality traits and skills to look for in the potential candidates. By engaging in such a comprehensive process, search firms help an organization avoid hiring candidates whose culture doesn’t align with the organization thereby decreasing the chance of a bad hire. 

3. Access To An Extensive Database Of Candidates

Executives are not the kind of candidates that are actively looking for an opportunity through job boards. Finding the right candidate requires the right connections and reputation to entice the top performers so that they consider taking the opportunity. Search firms specialize in these exact areas. With years of experience, they have a wide network of trusted and talented executive level candidates that can help speed up your search and would be able to reach a wide network of candidates that would otherwise not be aware of the position.

4. CEO Advisory In China

Another big advantage of hiring a search firm is the advisory team that can help your executives with long term strategy making, team building, and having a partial eye to decision making. CEO advisory helps provide you a neutral perspective on all the business challenges. In addition to this, the advisory board can help anticipate business challenges much in advance and can provide certain solutions to them.

Benefits Of Hiring One Of The PEO Firms In China

A professional employer organization or a PEO firms in China share and manage employee-related responsibilities and liabilities with the companies. This allows companies to outsource their human resource functions, such as compensation and payroll administration, employee benefits,  workers' compensation, and employment taxes.

Top PEO firms in China serve as a professional employer of their clients' employees and help companies gain economies of scale by having more benefits options at economic rates than they could afford if they handle it in-house.

A few or all of the HR functions can be outsourced and can have significant advantages especially for the small companies that may not have HR expertise or up to date system capabilities for HR-related functions.

Here is a list of few benefits:

Recruiting And Hiring - PEOs can play a great role in coping with your hiring and recruitment needs as well. They have a team of well-trained, experienced professionals that have all the right connections in your industry and thus can help you get quick access to both active as well as passive candidates. In addition to this, they would also be able to get you the right fit both in terms of skills and culture. 

Payroll Administration - Payroll is one of the most crucial yet most unproductive tasks of an organization. If not done in the right way, it could cost your company more than you can imagine thus making it one of the most crucial departments. Hiring a PEO can help you with access to experienced professionals who are well-versed with all the nitty-gritty of this department. Not only this, but you also gain access to the up to date software and technologies making the entire process error-free and much smoother. 

Compliance Assistance - Another point that can give you nightmares if you decide to handle payroll in-house is the compliance issues. The government rules and regulations are ever-changing and you always need to be on the same page as the laws. Hiring a PEO can relieve you of this arduous task and can help you devote your time to where it actually would be most fruitful that is towards the growth of your company without having to fear that compliance notice ever.

Advantages To Be Gained By Organizations By Investing In Executive Coaching

With the growing influx of international business organizations into mainland China, traditional workplace concepts are rapidly giving way to new strategies. In this context, the idea of hiring executive coaching professionals has gained much popularity, which is quite a significant change given that the concept of coaching was traditionally frowned upon in Chinese work culture. One of the key reasons that has been responsible for driving companies to seek the services of top executive coaching firms in China is that it has proven extremely beneficial in helping them nurture future leaders.  Discussed below are the major advantages for organizations opting to invest in executive coaching.

Teaching Team Building Skills

One of the key responsibilities of executives within an organization is to ensure that their teams work in a united and coordinated manner. This requires them to inspire and direct their team members in an effective manner. The executive coaches help the trainees develop the right attitude for the same and also teach them the skill of responding to people and situations in the most appropriate manner. This is essential to ensure that the employees are able to express their views and opinions to the executives in a frank and fearless manner.

Focus On Developing Productive Relationships

In order to maximize the productivity and efficiency of their teams, it is important for executives to win the trust and support of the team members. However, in a traditional Chinese workplace, the relationship between the executives and their teams is based more on obedience and subordination. The professionals from the top training firms in China, train the executives to adopt the right approach to develop a strong and productive relationship with their juniors based on mutual trust and understanding.

Take Advantage Of Their Strengths

One of the key focus areas of executive coaches during their training sessions is to teach the trainees to become self-aware about their strengths and use them to their advantage. They help the executives to realize the uniqueness of their skills and the value of their competence. This, in turn, makes it easier for the executives lead their teams more effectively and enhance their contribution to their organization. Most importantly they are able to utilize their skills to improve their own competence and development.

Getting Familiar With The Different Aspects Of Employment Contracts In China

The most important aspect of hiring employees in China is to have a properly drafted employment contract. This is true irrespective of whether an organization is looking to hire foreign employees or local professionals. Given the relatively complex labor laws in the country and the higher liability on employers, the top employer of record firms in China advise their clients to gain a thorough understanding of the various aspects of employment contracts. This helps in ensuring that foreign employers are able to prepare a comprehensive employment contract for hiring the members of their workforce in China.

Important Things To Include In The Contract

The employment contract is a sort of agreement between the employer and the employee and needs to be drafted in writing. The contract comes into effect only after both the parties involved sign the contract, an original copy of which is kept by them both. In addition, the following clauses, as suggested by the leading PEO firms in China, must be included in such contracts.

Information About The Employee And The Employer : This includes the name, living address, and ID number, etc for both the employer and the employee. In case the ID number cannot be provided for some reason, the number of any other valid ID proofs can be used.

Employment Period : It is mandatory for the employment contracts to include complete details of the period for which an employee is being hired by the employers.

Remuneration : As the name suggests this clause should include detailed information about the basic salary and benefits being offered to the employee by the employers. It should also include the details of any additional perks, bonuses, commissions and allowances that the employees have been promised by the employers.

Responsibilities : The clause should provide a general description of the job and responsibilities that the employees would be expected to handle during their tenure of employment with an organization.

Details Of Working Hours And Leaves : According to the experts from the top PEO firms in China, the employment contract should clearly define the weekly working hours along with all the leaves that the employees are entitled to during their tenure with an organization.

Safety Aspects Related To Work : The contract should also provide information about the work environment, the risks involved for the employees and the occupation safety and hazard prevention strategies being implemented by the employers to mitigate these risks. It should also include a statement confirming that the social benefits for the employees will be contributed by both parties as per the provisions of the Chinese labor law.

Why Outplacement Coaching In China Is Good For Your Brand?

Technological advancements and ever-changing workplace trends result in reductions or replacement in the workforce. Although unfortunate, the need to restructure workforces is essential if you need to remain relevant in today's business ecosystem. These decisions are hard to take but can have long-term effects on future business success.

An Employee centric approach is trending as the downsizing is becoming a common phenomenon. This is making outplacement coaching in China a focus area for a lot of companies. By being empathetic and supportive during the exit process, employers are hoping to keep the image of their brand positive so that talent procurement does not become a big challenge for them in the future.
Here are five reasons companies should hire top executive coaching firms in China for their outplacement programs:
#1 Invest in Employee Relations:

By going for ICF Coaching Firms in China, you are investing in your brand by acknowledging the fact that even though the employees have been laid off, they have contributed to the success of your business one time or the other. By offering them a guiding hand and coaching, the organizations can hope to maintain healthy relationships with impacted employees in the future.
#2 Reduce Unemployment:
A well-thought-of outplacement program can help your employees increase their chances of finding new opportunities. Outplacement services such as a professionally written resume, job-search advice from a career coach and networking and help every impacted employee compete for the best jobs faster.
#3 Liability Protection
Downsizing is a difficult time for any company. Putting your corporate values into practice and keeping the promises that you made to your employees will ensure that you have the necessary brand equity to attract the best talent. In addition to this, making sure your employees able to find new opportunities reduces the likelihood that they resort to legal avenues to seek compensation from your business. Getting workers focused on their next career steps will help protect the companies from any legal remedies often sought by disgruntled displaced employees.
#4 Increased Productivity From Current Employees
Layoffs are a time of stress not only for the displaced employees but also for the existing ones. Planning for heightened communications along with the training programs can help keep morale higher and will improve productivity of the existing employees.  Outplacement solutions have a team of support managers that help retaining employees sail smoothly through tough times. From clear notification throughout the layoff process to get the businesses back on track, the outplacement partner has the best practices to improve productivity post-layoff and boost employee engagement.
#5 Better Brand
If not handled appropriately, layoffs can do more harm than good to a company’s brand image. Providing outplacement support is one of the best ways to protect your brand and improve your reputation. By giving employees the support they need, a company demonstrates its commitment to living out the company values. It also showcases its commitment to establishing employer/employee relationships.