At Ginkgo Search Partners, we take our deep industry expertise and understanding of the leadership challenges in China and convert it into usable insights for our clients and candidates. Whether an article, an infographic, or a case study, our aim is to provide first-hand information on the latest HR and executive recruitment trends in China and add lasting value.
Mon
02
Dec
2019
Apart from the rise of Chinese tech giants and the macroeconomic factors behind China's growth into a technology powerhouse, one will realize that the country is a very competitive market and that the competition for seasoned tech professionals and top IT executives is intense.
To overcome these challenges it is important to carry out a lot of research before making the bold step of tapping into the talent market. Here are some of the things one has to know about the major recruitment challenges in China's tech industry.
Mon
19
Nov
2018
The Silicon Valley in California is known for being the cradle of some of the most amazing tech ideas and solutions. It is where you’ll find the highest concentration of tech companies of all places on earth.
Well, that is until you’ve discovered Zhongguancun, a tech park located in the northern part of Beijing, China. This place has all the chances of becoming the next Silicon Valley, attracting more and more startup companies in the tech and IT domains. Also, the Zhongguancun tech park enjoyed a considerable amount of money invested by Beijing with the purpose of developing this area even more. We might soon see this place transformed into the new tech and IT incubator of this part of the world.
Wed
08
Aug
2018
LinkedIn is one of the best social networks for job seekers. Whether they are passively or actively looking for a job, it is much easier to attract executive recruiters on a social network.
LinkedIn has become the number 1 hiring tool with over 90% of all recruiters using it to search for management talent. Below are some tips that will allow you to attract an executive recruiter to your profile.
Sun
27
May
2018
Ginkgo Search Partners Automotive Practice Group successfully concluded an executive search mandate to recruit a Plant Manager for an international automotive supplier in China. Our retained client is a global player in the automotive and commercial vehicle industry and specialized in developing and manufacturing automotive interior systems and seating components for offroad vehicles, trucks, buses, and trains. Our client served some of the major international premium OEM brands, including Volkswagen, Audi, BMW, and Daimler.
Mon
14
May
2018
China's executive search industry has been developing rapidly over the years and is expected to continue growing. What are the driving factors of the increasing demand for management and C-level executives in the country?
As China continually proves itself as one of the world’s superpowers with a supersized economy to match, it has found that it needs more and more senior executives in order to keep up with all the demand for growing firms and businesses. When a business grows, it must inevitably hire more employees, including those at senior and C-suite levels. When it comes to hiring these top-level executives, it is important that companies hire candidates who possess the skills, qualifications, and experience they are looking for, as hiring subpar senior leaders may undermine their growth down the road.
Mon
16
Apr
2018
Once the Chinese New Year holiday is over, the phenomenon of job-hopping takes over the job market. Job-hopping is a tendency of professionals to seek jobs that best suit their needs and preferences. The current generation of white-collar employees in China will not keep a job just for the sake of having a job if they have a chance to get a position that provides better opportunities.
Apparently the young generation has a different perspective on their career development than did their parents and grandparents who were happy to keep a job if it provided a degree of financial stability and food on the family table. Today young professionals are looking for various perks, better salaries, and other advantages that make a new job more attractive.
Tue
27
Mar
2018
China is shifting from a low-cost production outsourcing location to a more mature market followed by increasing labor costs. Over the past years multinational companies have seen increased competition for executive talent from Chinese based companies which has shrunk the wage gap between local firms and their overseas counterparts.
Wed
21
Mar
2018
The executive search process allows executive recruiters to achieve key milestones during the search life cycle. It provides a solid foundation for effective and targeted recruiting. It is a very thorough process that guarantees each assignment to have a list of strong candidates. Below are the five main steps of the executive search process.
Wed
07
Feb
2018
China’s economy is booming and Chinese businesses are fighting hard to recruit the best talent locally and abroad. Executive compensation in China still differs from compensation in the U.S. and Europe but the landscape is changing rapidly. Although promotion and bonuses are the norm for compensation, now there are new elements at play, such as stock options, or the added pressure of accountability as Chinese-listed companies must now declare their executive's salaries publicly. This article gives a brief background to executive compensation in China and highlights current trends for local and expatriate pay for executive talent.
Thu
04
Jan
2018
If someone had told me that China would become one of the most powerful automotive forces just a decade ago, I would have laughed it off. Seeing where they are now and how far they’ve gotten, one has to wonder if anyone can stop them. It’s not just Chinese aftermarket suppliers. The Chinese have become so good at making OEM cars that they’re no longer copying the Western car brands just to stay in contention. They’re taking the lead with their own unique original ideas and concepts. Well, unique to a certain extent at least.
Tue
14
Nov
2017
When businesses are going through a period of transition it’s important to have trustworthy, experienced executives on board to help make the process run smoothly. That’s where interim managers can be a valuable addition to the team.
Although businesses in the West have been using interim management for decades, the concept of hiring an interim manager in China is relatively new. With China’s economy being in a state of change and with various challenges facing the Chinese manufacturing sector, experienced interim managers in China may be exactly what many businesses need to get through a crisis.
Wed
18
Oct
2017
In 2016 the highest expatriate packages for mid to senior managers within the Asia Pacific region were paid in Japan with an average package worth USD 329,000. Mainland China is catching up fast and has reached the second highest expatriate package in the region. The value of a typical total compensation package (including cash compensation and benefits) for foreign executives in China increased to USD 290,000. This is up from the fourth position in 2015 with the cost of an average expatriate package having surged by 5% within one year.
Mon
28
Aug
2017
The Chinese government is expected to implement personal tax relief policies that were designed to attract top executives to the country. The government also hopes that the new policies will benefit both large corporations and fast-growing startups to retain their brightest executive talent.
Business insiders in China expect a tax relief on noncash types of compensation to be offered to top corporate executives. It is one of the steps that Beijing is willing to take in order to keep highly qualified executives from leaving the country to pursue better opportunities overseas.
Mon
21
Aug
2017
In the market for a new job? Even if you aren’t looking in the near future, one of the best contacts you can have when looking for a new position is an executive search consultant. These professionals have an extensive network and can help you pivot in your job search to get in front of the right people. While it’s great for you to work with an executive search consultant, how exactly do you go about it?
Tue
08
Aug
2017
Brendan Browne, the Vice President of Global Talent Acquisition is heading LinkedIn's global recruitment efforts and helped the company to grow into the largest social business network in the world. In April this year LinkedIn claimed a new record with 500 million registered users from more than 200 countries, and is far ahead of its competitors.
Browne has worked in recruiting and human resources for over 15 years and has experience working in markets across the globe for both large multinational corporations and Silicon Valley based startups. When Browne started his career at LinkedIn in 2010 he got inspired by Reid Hoffman, the co-founder and chairman and Jeff Weiner, the current CEO of the professional network.
In this article we want to have a closer look at LinkedIn's recruitment principles, Browne's favourite interview questions, and the major hiring mistakes he has experienced throughout his career.
Wed
01
Mar
2017
When companies seek to attract management and professional talent from outside their organization, they have various options. They can decide to manage the process internally by posting job advertisements and leveraging their networks or they can outsource the recruitment process to a professional search consultant. If they decide to work with an external service provider, they can either engage a contingency recruitment or a retained executive search firm. Why might organizations face limitations of managing the recruitment process in-house? What are the differences between contingent recruiters and retained executive search consultants? How will these different recruitment approaches affect your business?
Sun
13
Sep
2015
The smart car industry has become the new battlefield on which traditional car manufacturers and Internet companies are competing. One of the latest players entering the arena was announced in January last year when LeTV, best known for its streaming video platform held a press conference themed "Redefine the Future" in Beijing to announce the appointment of Lu Zhengyu, a former Managing Director of Asia & Oceania Operations for Infiniti, as Vice President for the newly established Leshi Super Electric Car Company, a subsidiary of the LeTV Group. In summer 2014 LeTV reportedly made a joint investment with the domestic carmaker Beijing Automotive Group (BAIC) into the American company Atieva, which is the design and engineering company for Tesla’s Roadster.