The
Looming Recruitment and HR Crisis in China:
the rising cost of doing business
Peter L. Young
“Though China has a vast pool of unskilled labor, firms in the south now complain that they cannot recruit enough cheap factory and manual workers. The market is even tighter for skilled labor. As the economy grows and moves into higher value-added work, the challenge of attracting and retaining staff is rising with the skill level, as demand outstrips supply. The result is escalating costs for firms operating in China. “If you think that China is a cheap place for labour, think again,” says Vincent Gauthier of Hewitt Associates, a human-resources consultancy.” (Excerpt from The Economist, Nov. 2005)
Peter L. Young, a former Allied-Signal Aerospace Company materials and process engineer, currently CEO, of Chemcentral Group China and Mincepa Inc. of Lake Oswego, has spent the last 22 years building his operations in Shanghai, Suzhou, Jinan and Zhuhai.
Speaking from his experiences of managing a sales agency and distribution network, Mr. Young will openly describe the challenges, risks, and failures of recruitment and hiring in China, the non-regulated social welfare funds, compensation issues, high turnovers, and what a foreign company can expect from and how to motivate its China staff.
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When |
Wednesday, Jan. 11, 2006, 12-1:30pm |
Where |
House
of Louie Restaurant |
Cost |
Lunch & Talk: $20 members; $30 prepaid registration, $35 at door; $15 for full-time students with valid ID. |
Registration |
Register with credit card to 503 973-5451 by Jan. 10th. |
