Category: HR & Staffing

Millennials and the Future of Business

As China’s 385 million people aged 18 to 35 reach adulthood, these Millennials are taking control of the world’s second-largest economy. While China’s economic growth has slowed in recent years, it remains well over 6 percent. As that growth continues...

Q&A: Labor Disputes and Labor Law Compliance in China

Labor disputes often arise due to companies underestimation or ignorance of China’s strict labor laws. Keeping up to date with China’s labor regulations and taking proper precautions to prevent disputes from occurring can save employers immeasurable stress.

/ March 3, 2017

Managing Commercial and Labor Disputes in China

MNCs are now faced with a particularly stressful situation. As China’s economy is starting to slow, foreign companies are reassessing their footprint in China – and many have realized they no longer need the facilities, people, or partners they had....

/ March 1, 2017

China’s Labor Market: Gaining Insights into HR Trends

China’s labor market changed in 2016. Despite job demand cooling in the beginning of the year, China’s job market has been steadily growing since the second quarter. Average monthly salaries have also increased, particularly in tier-one cities.

/ February 15, 2017

Disability Employment Security Changes Could Be Costly

Companies operating in some of China’s major cities are facing significant cost increases following a change to employment social security fund payment calculations. Although announced by the central government, provincial governments are implementing the new calculation in different ways—if at...

/ February 1, 2017

Minimum Wage Rises in the Cities, Stalls in the Provinces

Minimum wages in China’s major cities rose in 2016, signaling the continued development of an emerging consumer class as much as increasing pressure on company labor costs. But the increases also point to an increasing divide, as wage growth stagnates...

/ January 25, 2017

5 Steps to be an Effective Leader

In a world where capital is effectively priced at zero, as much as 30 percent of bottom line performance stems from the leadership’s ability to harness and implement ideas better than its competitors. Yet most companies say their leaders reliably...

/ January 4, 2017

How Effective Chief Digital Officers Navigate Digital Transformations

By Heidrick & Struggles As mobile technology, constant connectivity, and data analytics become increasingly embedded in the fabric of daily life, few businesses have been left untouched. Digital disruption—the changes that result from applying new technology to goods or services—is not...

/ December 7, 2016

New Regulations on Wage Payment Methods in Shanghai

According to the Shanghai Municipal Human Resource and Social Security Bureau, a new regulation on wage payment methods for Shanghai-based organizations went into effect August 1. The new regulation, issued to replace the 2003 version, expands the scope and makes...

/ November 2, 2016

Don’t Forget the Staff Handbook

Many employers in China are overlooking the importance of a staff handbook and instead are relying on an employment contracts, which often don’t include some key provisions. While an employment contract details important terms such as working hours, salary, main...

/ October 31, 2016