Top PEO firms in China – hire without an entity

Suppose you are planning to do business in a growing and substantial Chinese market but want to avoid the complication of setting up a local entity. In that case, the only practical solution is to hire staff is with the help of top PEO firms in China.

PEO in China will employ local staff via its entity, overseeing their payroll, onboarding, and eventual offboarding; however, all the employees will report directly to you.

A professional PEO will also help you in the recruitment process. It means you can easily have a team of local people working with you, and that too in a very less expense and time. 

PEO in China will also guarantee that the local rules, regulations, and laws will be adhered to, and all compliance issues will be eliminated from the operations process.

What is PEO in China?

The client contract PEOs in China to get support with every aspect of the employee staff in the market of China. It includes payroll, timekeeping, compliance, compensation, employee benefits, etc. China PEOs can assist with the recruitment of these staff. 

Employment regulations – Leading PEO firms in China will oversee

China PEO will make sure that all applicable employment laws are appropriately adhered to, including

1) Sick leave

Chinese employees are permitted to leave for recovery from sickness, which ranges from three months to two years, and medical treatment. It also depends on the years they have been employed and the length of service under the current employer. 

2) Paid leave

The length of continuous service decides paid leaves in China. So, workers employed for ten years are eligible for five working days of annual paid leave. And workers between 10 to 20 years can get ten days of paid leave. Anyone employed for more than 20 years will get 15 days of paid leave. 

3) Statutory bonuses

As per the law of China, no mandatory annual bonus is given to employees. The provision of this kind of benefit is at the employer's discretion and will always be discussed during the hiring process.

4) Minimum wage

Every region in China has a set minimum monthly or hourly wage; the highest minimum monthly salary is RMB 2,590 (USD 400) in Shanghai. The lowest monthly salary is RMB 1,340 (USD 212) in Anhui.

5) Maximum hours

In China, the weekly working hour is 44 hours, i.e., eight hours daily. You can also do paid overtime but only up to three hours a day.

Wrap Up

With top employer of record firms in China, you will get easy expansion in the Chinese market, which is offering recruitment services for local direct hires. PEOs have a global presence with offices in key market areas. So, you can get the best ground staff in China. 

Cornerstone is one of the Top executive search firms for search in senior executives in China and Hong Kong.

Searching for the best people for senior executive roles in Corporate companies is a slippery slope. Cornerstone is well known for excellence in this work by handling some of the most difficult-to-handle assignments. Due to their reach and network, Cornerstone is able to find exact matches for the roles, thus contributing to the organisations success. Their search process goes very deep within the industry networks as well as functional networks which ensure that they find the game changers with quality. It has taken upon the work of searching for some senior executives in Hong Kong, and has done an excellent job, thus proving to the one of the Top Executive search firms in Hong Kong.

Cornerstone is specialised in retained executive search. The company believes in the retained model, together with their global footprint, exceptional service levels which are delivered by experienced owners and best practices are sharpened and shared through the means of several international conferences, thus representing the optimum path to creating a winning team.

Here, they use a basic model for searching executives called the Five-star executive search. Their modus operandi is utilising methods to minimise risk, time and cost and make sure the results are optimum for each client.

Cornerstone uses a powerful method of using Practice Groups by industries and job functions for two reasons- clients get direct access to the best thinking and service in each business category or to the role with no restrictions on the geography.

This method enables advanced learning and also industry related knowledge-sharing among the members of the practice group which lead to better results for our clients.

This gives them the wide ocean of knowledge about each business sector and high quality services in both local and global levels. Cornerstone has done path-breaking work as a Top executive search firm in China. HR departments who are looking for the Top executive search firms in Beijing are also regular clients of Cornerstone.

Their experience and knowledge is what makes Cornerstone one of the world’s leading organisations specialising in Retained executive search. They have 56 offices all over the world that form a powerful, high quality and very interactive network of companies. This translates to the fact that no matter where a company is located, they would be getting a powerful recruiting package provided by an experienced search professional.

The work is also of a high standard and is led by a person who is most likely a leader in his or her market. Therefore, due to its work and strategies that are used for hiring, Cornerstone is said to be one of the Top Executive search firms in Asia.

Retained Executive Search Firm in China works through these procedures

Top Headhunting Firms in China always incorporate specified and sophisticated methods when beginning a hiring process. A corporation should review these steps before moving forward to select its preferred headhunting consultant in accordance. These procedures consist of:

Retained Executive Search Firm concentrate on identifying and filling executive job openings. These companies differ from other types of search firms in terms of therecruitment designation and the number of candidates they prefer for that position. Due to their specific focus, retained searches are particularly advantageous for executive searches. Some firms restrict the number of customers to guarantee that they receive preferential customer care and the most eligible applicant. Due to this exclusivity, once a candidate has been hired, these firms are free to collaborate with the business throughout the onboarding process.

1) Determine whether a company needs a new employee: Typically, the CEO or another corporate executive informs the recruiting and executive search team of the need for a new employee. When recruiting candidates, headhunters who are engaged in the recruiting process sometimes need to practice optimization.

2) Identify the necessary skills and expertise: Headhunters, in partnership with employee engagement and other company staff, determine the talents, knowledge, and other academic qualifications the organization looks for in a candidate. All these traits are evaluated correctly so that a company gets benefitted from the most deserving individual.

3) Identify inattentive candidates: A professional is deemed a passive applicant if they are not actively seeking employment and might already be employed elsewhere. These are the individuals that a headhunter might try to find and convince to switch employment.

4) Examine and test: After identifying a pool of potential applicants, headhunters review applications with the HR department and hiring managers to select the top candidates. Through this, they lure out the cream candidates who are highly prospective for the job.

5) Interviewing and evaluating: Before selecting one candidate for high-level roles, employers usually interview several individuals to determine who the greatest fit is. Interview questions mainly focus on the firmness and confidence of the candidate for the specified executive role.

In a nutshell, it can be said that Retained Executive Search Firm in China is constantly looking for the ideal person who is passive and highly qualified. Therefore, if a firm wants to hire them, they can get devoted leaders who can help their company reach greater milestones.

How to find the top executive search firms in China for your business?

China is known for its manufacturing capacity and is regularly expanding in both services and resource extraction. China is also home to billions of people and is one of the rapidly growing economies, so firms are choosing this country to grow here.

But success also depends on bringing suitable candidates at the right time. This is where top executive search firms in China come into the picture. Let’s explore why you need to use their services.

Why do you need to use executive search firms?

Usually, you can bring your employees to China, but some of them will prepare to relocate. Also, hiring locally will be cheaper, and you will not have to arrange travel for local people. In addition, local employees will also be familiar with the local language and culture.

So, with the help of executive firms, you can quickly get qualified local talent and administrative overhead handled by them. There are also other essential factors in hiring executive search firms in China.

1) Guarantees

More than multiple interviews and an extensive search process may be required. Your new employee may not work or may quit working at some other place. It will be expensive to hire a replacement, and the process is challenging as you have to deal with a foreign office. But the best executive search firm offers some guarantee about how long the recruiter will stay in the organization.

2) PEO services

These are some expert services which you should be looking for in professional search executives. Firms that offer PEO services can easily handle all human resources tasks, negotiate salaries, and draft contracts for you. More benefit of having recruiters who provide PEO services is that they are experts in doing the process fast.

3) Experiences

While searching for the best recruitment team, you should find one that is reliable and has expertise. You can search for firms that specialise in manufacturing labour or technical talent. It is a must to know what they are specialized in. 

Wrap Up

These are some of the things which you should keep in mind while hiring a top search firm in China for your business. With these points, I am sure you will get the best employees.

How are top executive search firms in Shanghai adapting to serve post covid organizations?

COVID hit organizations unfathomably, and they must figure out how to keep employees safe. Because of this, they transitioned various possible functions, modes of communication, transactions, and processes to digital. 

Finally, they navigated the disrupted supply chain and shifting policies and regulatory responses to the pandemic. Most of the companies adapted their business models to per new reality. 

But it is not over as staying relevant and, in the business, require top executive search firms in Shanghai with essential skills for driving change and leading the companies to adapt to the unprecedented moment.

A different approach

Executive search firms are relationship-focused and spend a wonderful deal of time collaborating with the teams, introducing candidates, interviewing them and meeting with clients. The profession of executive search consultant is entirely personal as it has so much face-to-face interaction and the consultants generally have an enviable bank of frequent flyer miles.

Because of COVID, there is no travelling to many geographical locations, and many office doors are closed. Due to this, the search firms switched to remote work and deployed the required digital tool to remain connected with their colleagues, candidates and clients from their homes.

Indeed this has disturbed the traditional process of finishing the search assignment. Organizations that would not hire an executive before meeting face-to-face have been forced to do it. Because of this, the impact on the search process is also multifield

1) Streamlined

Due to the elimination of travel and the discretion afforded by doing meetings from home, calls to candidates and interviews are easy to schedule. It has also increased the efficiency of the overall process. It has also saved time and cost for everyone involved in the task.

2) Rigorous

Top executive search firms in Asia which use objective instruments for measuring motivations, personality traits, attitudes, abilities and knowledge are mainly virtual. They are coupled with reference checks and interviews; an objective and multi–qualitative approach can also help ensure an unbiased and fair review.

3) Inclusive

Video meetings help everyone to participate and broaden the opportunity for senior leaders and prospective team members to meet a candidate, potentially increasing the buy-in from providing candidates or client leadership teams for team and culture dynamics.

4) Faster

With the ease of scheduling video meetings and online assessments, top executive search firms in Hong Kong can save lots of valuable time. The efficiency and speed of the digital search process are also balanced by the obstacles and risks created by similar changes.

Wrap Up

These are unique strategies which top executive firms are adapting after the COVID-19 situation. With these strategies, you can easily handle the recruitment of top level in any organization.