Busting Some Common Myths About Hiring In China

During the initial years of Chinese economic expansion, the cost of hiring even the most skilled professionals in China was surely a lot lesser than hiring similar talent in most western countries. However, this trend has been undergoing a rapid change over the past several years, especially with the steep rise in salaries of skilled professionals. In fact, hiring a specifically skilled professional in China today is almost as costly as and in some cases even more expensive than hiring such professionals in other countries. So, it is important for the recruiting organizations to factor in the annual salary rise ranging from 8-10% and in some industries even 15-20% while looking for the most suitable candidates.

Busting Some Common Myths About Hiring In China

Steps To Be Taken By Chinese Business Organizations To Unleash Their Hiring Potential

The advances in technology can simply the recruitment process quite significantly through proper implementation and integration. In fact, the best executive search firms in China recommend the use of technology. This can even help the organizations to save a considerable amount of time and effort in not only short listing the right candidates but also recruiting them. Using tools such as skype or facetime to conduct interviews can help the recruiting organizations to get a clear perception about the presentation, communication and other desired skills of the candidates even when they are remotely located. It also makes it easier for the recruiters to access the suitability of the candidates for the specific job position.

Steps To Be Taken By Chinese Business Organizations To Unleash Their Hiring Potential

Common Misconceptions About Executive Coaching That Managers Need To Be Aware Of

There is no denying the fact that coaching plays an important role in helping the executives within an organization to gain the essential skills and knowledge for sustained career growth. However, many executives tend to harbour various misconceptions about the coaching sessions organized by their employers, which can render the entire process ineffective for them. Discussed below are the most common misconceptions about executive coaching in China that are prevalent amongst the executives. The awareness of these misconceptions can help the managers to educate their executives about the pitfalls of harbouring such thoughts.

Coaching Is About Teaching The Executives To Do Things

Most executives enrol for a coaching session believing that they will be taught about the right ways to do things. However, the primary objective of coaching is to help these professionals find the most appropriate solutions to the issues and problems at hand on their own. It is important for the executives to understand that coaching is different from training and focuses more on helping the executives to utilize their skills and creativity to overcome the challenges they are likely to face.

Coaches Recommend The Best Solutions To Problems

It is common for the executive to treat the professionals offering coaching services as consultants and even mentors. They, therefore expect the coaches to recommend the best ways to complete the various tasks and projects assigned to them. However, the coaches do not offer any such recommendations unless the situation demands so or it is an integral part of the coaching services being sought by the clients. Rather than recommending the solutions, they help the executives to develop the right approach to problem solving based on their own experience and knowledge.

 

Coaching Is About Getting The Answers To A Standard Set Of Questions

It is common perception amongst executives that attending a coaching session is all about getting answers to a pre-defined set of standard questions. However, the questions asked and answered during such sessions are generally based on the interactions carried out between the executives and the coaches. This creates a vast diversity of questions and generates enough information to help all the people attending the coaching session to learn something new and beneficial. At the same time, getting answers to some standard questions might be essential to create a strong base for learning new things.

Coaches Tend To Instil Their Own Viewpoint

Many professionals tend to avoid executive coaching sessions as they feel that the coaches tend to instill their own viewpoint onto the people attending these sessions. However, the professional coaches from the ICF coaching firm in China, are of the opinion that these sessions provide as good a learning experience to the coaches as to the executives themselves. The coaches help the executives to look at things from a fresh and unique perspective and enable them to find their own solutions to problems. At the same time the executives help the coaches to understand the diverse perspectives of individual employees within an organization.

 

Coaching Is All About Listening Rather Than Speaking

It is a common perception amongst executives that attending coaching sessions is all about listening to what the coaches have to say. However, a truly successful coaching session is based on a high level of interaction between the coaches and the executives. It is equally important for the attendees to express their views and opinion about various topics being covered to make the sessions engaging and informative. The executives need to understand that the primary objective of these sessions is to enhance the knowledge and skill set of the executives. This can be ensured only when there is free communication flow within these sessions so that all the queries are put forward and resolved in a effective and hassle free manner.

Common Business Development Mistakes That Lead To The Downfall Of Even The Most Professional Organizations

One of the most effective ways for enhancing business growth and success is by networking with people and professionals operating within the niche. However, merely attending workshops, conferences and events without a proper and well defined strategy can prove to be nothing more than just the waste of time. By having a well defined strategy, the business organizations can make the most of the various networking opportunities by carefully presenting the proposition to a qualified prospect in the most appropriate manner.

Common Business Development Mistakes That Lead To The Downfall Of Even The Most Professional Organizations

Analyzing The Qualities Of Leadership And Teamwork In Prospective Candidates From Employer Perspective

The most important trait that a true leader needs to possess is the ability to motivate his/her team members at almost any time. The leader should be able to exert the full potential of every team member and make the right efforts to ensure their best performance. The leaders should create positive, passionate and optimistic work strategies after taking into consideration the opinions and expectations of all the team members. A true leader should truly care about his/her team members and are fair and courteous to them without displaying the attitude of a dictator.

Analyzing The Qualities Of Leadership And Teamwork In Prospective Candidates From Employer Perspective

Ensuring A Smooth Career Transition For Employees - Key Factors To Be Considered By Organizations

The experts from a leading interim executive search firm in China believe that employees might seek career transition due to various reasons. However, most employees cite the need for professional growth as the only reason behind their decision. Business organizations need to verify the true reasons that cause employees to seek a new job role. This is essential to ensure to get the desired and expected results from such a change in organizational structure. It is essential to ascertain that the role change decisions are based entirely on professional reasons rather than being inspired by personal issues or their happiness and comfort level.

READ Full Blog Here :::: Ensuring A Smooth Career Transition For Employees - Key Factors To Be Considered By Organizations

Major HR Challenges Faced By Best Executive Search Firms In China

For the past several years, China has been the focal point of economical and industrial growth. This has led to a large number of foreign businesses to set up operations within the country. However, finding the right talent to handle the various aspects of their business locally has proven to be an uphill task. Even the best executive search firms in China have to work extremely hard to fulfil the HR needs of business organizations. This is mainly due to the various HR challenges that have stemmed from the various socio-economic changes within the country. The seemingly never-ending demand for top talent is another reason that has led to the evolution of these challenges. The most important of these challenges are discussed as follows.

Lack Of Qualification

Despite the abundance of workforce in China, only about 10% of the employees are qualified to work in international business organizations. This extremely limited talent pool has led to the growth of a fierce competition between foreign businesses. Hiring the most experienced professionals employed by local organizations within the same niche, is also not the right solution. This is because such professionals have little exposure to the employee-centric work environment within international companies. The other alternate of employing expatriate executives, often proves to be too expensive and hence not preferable for smaller setups.

High Employee Turnover

The lack of enough qualified professionals has naturally created a huge gap between the demand and supply of best candidates for executive posts. With the various organizations, trying to woo the best talent with offers of better compensation, perks and incentives, the rate of employee turnover is quite high. In fact, the top 10 executive search firms in China often find themselves, shuffling the most eligible candidates between their different clients. However, the high turnover rate often leads to loss of productivity and reduction in customer satisfaction levels. Therefore the recruitments firms face a major challenge in terms of finding talented candidates who are in no hurry to change jobs.

 

Inconsistencies In Resume

Given the huge demand for top talent and the obvious shortage of the same, it is not uncommon for the recruiting firms to find inconsistencies in candidate resumes. In order to cover up their lack of proper qualifications, candidates often resort to providing false data in their resumes for enhancing their chances of getting hired. The challenge of filtering authentic candidate information to identify the most deserving candidates for various executive positions thus falls on the recruiting firms. This requires them to make extra effort to identify the in-discrepancies in candidate resumes and avoid the failure of recruiting the right professionals.

Increase In Compensation Expectation

One of the main reasons that attracted international business organizations to China was its inexpensive workforce. However, with the significant growth in the demand for qualified and skilled executives, the compensation expectations of the candidates have also risen significantly. This trend has been further boosted by the cut-throat competition between various business organizations to hire top talent with the offer of best salary, perks and incentives. Thus, hiring top executives in China today costs almost the same for business organizations, as similar professionals in their home countries.