HR-MarketWatch Mar. 2014


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Global Human Resource Service industry MarketWatch

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HR-MarketWatch Mar. 2014

  1. 1. HRoot is a leading human resources media and Internet company in China, with such brands and services as, a world’s leading human resources management website; Human Capital Management magazine, a leading industry journal in China; Overclass, an elite club for HR professionals; Society for HR Executives (SHRE), the only society of HR executives in China; the Annual Human Resources Awards in Greater China, a top-notch industry event with utmost authority, scale and influence; the China Human Capital Forum, the largest among such events in China, and the China Human Resources Service Expo, the largest of its kind in the world, which may register over 20,000 visitors in 2014. In 2012, HRoot launched iPhone, iPad and Android apps of its Human Capital Management magazine and its “Guide to Human Resources Services Providers”, and the mobile app of “HRoot Forums and Expo.” HRoot releases the annual reports of the “Top 100 Human Resources Services Brands in Greater China” and the ”Global 50 Human Resources Services Providers”, and the monthly white paper of MarketWatch of Global HR Service Industry, each being celebrated as a guidepost of this industry. The website of HRoot has some two million HR professionals as its registered users, who pay more than 500 million visits in total each year; HRoot has more than 20,000 people attending its off- line events each year and 30,000 readers of its publications; it serves over 20,000 customers now, including more than 95% of the Fortune 500 companies in China. It has more than 250 HR services providers, business schools, associations as its ad clients and sponsors; including nine of the top ten global HR services providers. About The Publisher
  2. 2. 2012HRoot人力资源行业市场洞察 HRoot Global Human Resources Service Industry MarketWatch is released by CIS (Competitive Intelligence System) developed by HRoot, a leading Chinese human resources media & internet company. The CIS seamlessly monitors and tracks trend of developments of HR industries in real- time 24/365. Key data and information covering news, events and transformation of HR providers, competitors and competitive environment will be well collected, edited, sorted and delivered to readers on a monthly basis by our specialists. For more information please visit: . Contact us Sue Woo 021-5821 5197 5821 5127 021-5821 8663 Suite 511, North Building, No. 77 Eshan Road, Pudong, Shanghai View more activities via iPhone App "HRoot Expo" Download the "China Human Resources Service Providers Guide" iPad App via Apple Store Download"Human Captial Management"magazine iPad App via Apple Store HRoot 2014
  3. 3. MARKETING EVENTS4. DEAL RECORDS5. 6. 7. 8. APPENDIX 2: Global Rankings of Website Traffic of HR Service Providers APPENDIX 1: Ranking List of Market Capitalization of Human Resources Service Providers OTHERS LEGAL ISSUES& PUBLIC POLICY2. ABOUT HRoot1. INDUSTRY TRENDS ● Recruitment Trends ● Institutional and Personnel Changes ● Lastest Business Development ● Financial Status ● Research Report ● Awards & Honours 3. CONTENTS
  4. 4. 2012HRoot人力资源行业市场洞察 HRoot Global HR-MarketWatch is released by Competitive Intelligence System (CIS) developed by HRoot, a leading Chinese human resources media & internet company. The CIS tracks intelligence of over 100 china-based HR service providers covering HR consulting, HR training, head hunting, recruitment, talent assessment, HRO, e-HR, eLeaning, HR media, and HR convention. The Intelligence seamlessly tracks and monitors trend of developments of HR industry, the result of which is well collected, edited and sorted by our specialists. HRoot Human Resources MarketWatch covers intelligence on laws & policies of human resources, news & events, contracting information, financial statement, website traffic ranking, etc. HRoot Human Resources MarketWatch provides business managers with real-time and comprehensive information about competitors and competitive environment so that they make wise decisions and handle ever- changing markets with flexibility. Currently, the following contents and data are covered in this Intelligence: ● Laws & Policies: Monthly updates on major laws of human recourses, polices and information issued or modified by national and/or local governments ● News & Events: Monthly updates on recruitment trends, personnel changes at HR service providers, latest business development, financial statement, major surveys & reports, awards, M&A,etc. ● Market Events: Monthly updates on marketing promotions by HR service providers, including summits, forums seminars,etc. ● Contracting Information: Monthly updates on information of clients entering into contracts with information of HR service providers. ● Ranking of Market Capitalization of Listed Companies: Monthly ranking of listed HR companies by market capitalization. Data on market cap are calculated from the monthly closing price of companies. ● Ranking of Global Traffic of Websites: It is ranked according to the global traffic of websites, which was the mean of the monthly statistic collected from tool bars by Alexa. The number various with the daily PVs by independent IPs, and thus indicates the popularity of a website. First for HR industry news, trends and analysis, please follow us on Wechat"hrmarketwatch". HRoot 2014
  5. 5. 1HRoot 2014 China: Labour Dispatch Regulations will be officially implemented since 1 March 2014 **** (Mar. 1, 2014,Beijing) After the amendments to the Labour Contract Law of the People’s Republic of China and the Measures for Administration of Labour Dispatch Permit were issued and became effective, the Interim Provisions on Labour Dispatching was officially promulgated on January 2014 and will be implemented today(1 March 2014). Some of the more important provisions include the following: Companies are now restricted to only hiring up to 10% of their workforce through labour dispatch arrangements. Companies must go through an employee consultation process when defining which job positions will be considered “auxiliary”. Companies now have a clear basis to return dispatched workers back to staffing agencies when they undergo significant restructuring, face severe economic difficulties, or decide to liquidate. Companies cannot use fake outsourcing arrangements to get around the restrictions in these regulations. Companies are prohibited from discriminating against dispatched workers in terms of benefits. The Labour Dispatch Regulations are silent on whether dispatched workers can claim de facto employment with host companies that use labour dispatch arrangements outside the allowable scope. China to announce the age of retirement in six years **** (Mar. 9, 2014,Beijing) China plans to announce the age of retirement in six years and putting of retirement will be classified to promote, said Yin Weimin, the minister of Chinese Ministry of Human Resources and Social Security. It is reported that the policy will cover demographics, labor supply, social security, social order and other issues, which makes the community of different groups have different views and attitude on that. So the policies will be decided collectively on the basis of in-depth research, widely solicited opinions, and full evaluation by experts. Besides, the policy calls for implement gradually, small steps and phased. First for HR industry news, trends and analysis, please follow us on Wechat"hrmarketwatch".
  6. 6. 2HRoot 2014 Medical insurance account will be managed in close style in Beijing**** (Mar.12, 2014,Beijing) Beijing vice mayor Liu Xiaochao announced recently that Beijing proposed to make medical insurance account closed management and personal account only can be used for seeing doctor, which is aimed to make the money of medical insurance account play the role of seeing disease. In fact, there has been already clearly stipulates that the principal and interest of medical insurance account can only be used for basic medical insurance or carryover and inheritance. But up to now, the money of medical insurance account was used arbitrarily by account owners. In terms of how to implement, he said that the relevant departments need to stipulate detailed regulations Health Care Reform: pilot of medical insurance for critical illness should be implemented before June**** (Mar. 13, 2014, Beijing) The state of China said that the company will promote the pilot of medical insurance for critical illness for urban and rural residents. And the State Council’s Office of Health Care Reform announce that province with the pilot of medical insurance for critical illness should practice all kinds of works of that and discover and solve the existing problems to expand the scope of implementation gradually based on summarizing the experience; For the province, which haven’t have the pilot of medical insurance for critical illness, should launch the pilot before June 2014 to ease the burden of catastrophic health care costs and prevent poverty. Meanwhile, all pilots should establish a notification system to open the standard of fund-raisingand the annual income and expenditure to citizen and also need to accept the supervision of society. The State Council’s Office of Health Care Reform plans to encourage commercial insurance agencies to make full use of the advantage nationwide network to provide “one-stop” service(including medical expense immediate settlement and off-site billing). First for HR industry news, trends and analysis, please follow us on Wechat"hrmarketwatch".
  7. 7. 4HRoot 2014 ADP: private sector employment increased by 139,000 jobs in February**** (Mar. 5, 2014,/HRoot/) Private sector employment increased by139,000 jobs from January to February according to the February ADP National Employment Report, produced by ADP, a leading global provider of Human Capital Management (HCM) solutions, in collaboration with Moody's Analytics. Goods-producing employment rose by 19,000 jobs in February, down from a downwardly-revised figure of 12,000 in January. Nearly all of the growth came from the construction industry which added 14,000 jobs over the month; this followed increases of 17,000 in the prior two months. Manufacturing increased 1,000 jobs in February, followed a revised gain of 7,000 in the prior month. Service-providing industries added 120,000 jobs in February. The ADP National Employment Report indicates that professional/ business services contributed the most to growth in service-providing industries, adding 33,000 jobs. This was well below the average gain of 2013. Expansion in trade/transportation/utilities slowed to a gain of 31,000 jobs in February. Financial activities employment declined over the month, following two consecutive months of lost of 8,000 apiece. First for HR industry news, trends and analysis, please follow us on Wechat"hrmarketwatch". Chart. Change in Nonfarm Private Employment by Selected Industry Chart. Chang inTotal Nonfram Private Employment February 2014 14 1 -2 33 31 Construction Manufacturing Trade/Transportation/Utilities Financial Activites Professional/Business Services 300 250 200 150 100 50 0 205 144 151 163 216 188 190 215 245 196 181 127 139 Source :ADP ;Moody's Analytics Source :ADP ;Moody's Analytics Thousands -10 0 10 20 30 Thousands Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14
  8. 8. 5HRoot 2014 Robert Walters survey: job advert numbers up across Asia*** ( M a r. 7 , 2 0 1 4 , / H R o o t / ) International recruitment firm Robert Walters (RWA: LSE) released its Asia Job Index for Q4 2013 today revealing that the levels of professional jobs advertised during the quarter increased by +26.4% compared with Q4 2012. Every Asian country included in the index reported year-on-year increases in advertising levels. The majority of territories also reported an increase in job advert volumes in Q4 compared with Q3 2013, resulting in an overall quarter- on-quarter increase of +1.6% across the region. Richard Parnell, CEO of Robert Advertising figures in Hong Kong fell by -10.9% in Q4 2013 compared with Q3, indicating that the market remained cautious. Walters Asia Pacific, commented: “Asia is optimistic about the prospects of 2014, despite the fact that some of the sheen has come off Asia, as signs of recovery are emerging from Europe and recovery gains momentum in the US. In relative terms, Asia might not stand out as it once did, but growth continues at variable rates across the region. Most exciting was Japan, which came out of the blocks strongly in 2013. China and Malaysia are equally encouraging where concerns of a slowdown have been somewhat dispelled and momentum continues afoot. Going into 2014, there is an enhanced level of optimism across the region.” More than quarter of employers plan a pay rise in UK *** (Mar. 26, 2014, /HRoot/) More than a quarter of U.K. employers, 28% plan to give workers a pay rise this year, and 40% more are still considering increasing wages, according to the latest JobsOutlook survey from the Recruitment and Employment Confederation. The survey also reveals that more employers plan to increase their workforce over the next quarter and next 12 months. Asked about their plans for permanent headcounts in both the short and medium term: 76% employers say they will make more offers of permanent work in the next three months, up 7 points from February survey.81% say they will directly employ more staff over the next four to 12 months, up 9 points since February. When planning about future use of agency workers: 48% employers predict they will increase their use of temps over the next 3 months, up 1 point from last month; 48% say they will engage more agency workers over the next 4-12 months, up 2 points from last month First for HR industry news, trends and analysis, please follow us on Wechat"hrmarketwatch".
  9. 9. 7HRoot 2014 Randstad Australia appoints new CEO*** (Mar. 1, 2014,/HRoot/) Global recruitment firm Randstad announced the appointment of Frank Ribuot to the position of CEO of Randstad Australia on Feb. 26th. Mr Ribuot is the former Senior Vice President of the Asia Pacific region and Global Talent Management of Right Management, part of the ManpowerGroup. Mr. Ribuot, who began his career at rival recruitment firm Adecco more than 20 years ago, commented on his appointment: "I am excited to be leading the Randstad team in Australia, working with my colleagues to build upon strong foundations and generate profitable, sustainable growth in regions and specialist industries across the country." ClickSoftware completes acquisition of Xora Inc.*** (Mar.5, 2014,/HRoot/) ClickSoftware, the leading provider of automated mobile workforce management and optimization solutions for the service industry, today announced it has successfully completed its acquisition of Xora Inc., a cloud-based market leader in mobile workforce management. ClickSoftware acquired Xora for total cash consideration of approximately $15 million, including all working capital and net cash adjustments. Xora will retain its name and operate as a wholly owned subsidiary of ClickSoftware. Anne Bonaparte, the former CEO of Xora, will continue to lead the company as President. The combination of Xora and ClickSoftware creates a company with breadth and depth for a much bigger market under one roof. ClickSoftware strengthens its leadership position by offering customers a broader range of cloud-based mobile workforce management apps. First for HR industry news, trends and analysis, please follow us on Wechat"hrmarketwatch".
  10. 10. 8HRoot 2014 CTPartners completes Johnson acquisition*** (Mar. 7, 2014, /HRoot/) Global executive search firm CTPartners Executive Search (NYSE: CTP), announced today it had successfully completed its acquisition of independent Australian executive search firm Johnson. This marks the third acquisition of an Australian executive search firm by an international company in the past four months, as firms move quickly to meet the global aspirations of clients. A trend that is expected to continue. The executive search sector is undergoing a fundamental structural shift driven by client demand for greater transparency, performance, and accountability. Brian Sullivan, CEO of CTPartners, commented: “The acquisition of Johnson is an important strategic step as it provides a strong entry into the Australian market, while accelerating the growth of our operations in the broader APAC region. In addition, with the full support and resources of CTPartners, Jason Johnson and his team have the potential to transform the executive search industry in Australia and become the preeminent firm in the country.” Hudson appoints Brad Brenner as general manager RPO China*** (Mar. 26, 2014,/HRoot/) Global talent solutions company H u d s o n h a s a p p o i n t e d Brad Brenner as General Manager, Recruitment Process Outsourcing (RPO) China. He will be responsible for leading Hudson’s fast growing RPO business in China and accelerating its profitable growth in this highly competitive market. Brad will manage all aspects of Hudson China’s RPO business, including strategy, new business development, implementation, client operations and financial performance. He will be a member of the RPO Asia Pacific Leadership Team and the Hudson Asia Leadership Team. Brad has a distinguished career of over 35 years in HR, Recruitment and Talent Solutions. He has held leadership roles spanning in-house, agency and RPO responsibilities and has led businesses across Asia Pacific and the Americas. “Brad has adeptly demonstrated his strategic vision and the ability to build a strong team, drive business growth and forge long lasting client relationships, We are delighted to have Brad as the leader of our RPO business in China.” said Kimberley Hubble, Hudson’s Asia Pacific & Global RPO Leader. First for HR industry news, trends and analysis, please follow us on Wechat"hrmarketwatch".
  11. 11. 10HRoot 2014 close Thailand operations** (Feb. 28, 2014,/HRoot/) Online jobs board announced last night that effective from midnight on 28 February 2014, it will cease its operations with immediate effect in Thailand, according to The company provides online recruitment and human resource management services throughout Asia. JobStreet. com claims to be the leading job site in Malaysia, which accounts for 60% of the company’s total revenue. also operates in India, Indonesia, Japan, Hong Kong, Philippines, Singapore, and more recently opened in Vietnam. In 2012, the company reported annual revenue of MYR 160.8 million (USD 52.4 million) and net profit of MYR 58.3 million (USD 19 million).Users of JobStreet. com Thailand will still be able to log in and apply for existing jobs for the next two months. However, they are advised to “export any important data” before the site goes down permanently. The news comes shortly after Australian online counterpart SEEK was reported to be buying JobStreet for USD 523.5 million. No specific details were provided as to why has decided to shut down operations in Thailand. The company’s most recent financial statement does not provide a breakdown of revenue by region and there have been no reports that has encountered financial difficulties in the country. Renren Inc. to expand the business of*** (Feb. 28, 2014,/HRoot/) Renren Inc., a real name social networking Internet platform in China, announced today that the company plans to expand the business of (part of Renren), social business website, to integrate resources of of Renren). “Since Renren has always been focused on the field of social platform and service, the introduction of solution based on big date can not only support for expanding networks, getting the latest news and job recruitment, but also promote the development and growth in the field of business social networking.” said Chen Yizhou, president and CEO of Renren. It is also said that LinkedIn’s new steps in China has posed a challenge to local professional social network like, which means that there will be fierce competition in this area. LinkedIn ’s Chinese-language site is officially opened **** (Mar. 6, 2014,/HRoot/) Global leading professional social network LinkedIn announced today that Ling Ying, a version of the service in simplified Chinese(part of LinkedIn) is now officially opened. From now on, users can use mailbox or Sina, Tencent Weibo account to register. After registration, users can improve the profile, establish contact with other members, import mail contacts and invite friends by Weibo to help users share content and expand contacts. However, there are still some service like grouping are not available new. The page style of Ling Ying is quite simple. Ling Ying has introduced funding from CBC Capital, who also invested in Evernote China, and Sequoia Capital.“Ling Ying is not like Google as the American branch, but a new joint venture company with entrepreneurial company’s operates, which is easier to operate in China in the located way for it’s abundant Friend-sourcing” said Shen Boyang, head of LinkedIn China. First for HR industry news, trends and analysis, please follow us on Wechat"hrmarketwatch".
  12. 12. 11HRoot 2014 First for HR industry news, trends and analysis, please follow us on Wechat"hrmarketwatch". SEEK plans IPO for*** (Mar. 5, 2014,/HRoot/) Online job advertising company SEEK is set to become only the second Australian media business after Rupert Murdoch’s News Corp to own a listed company offshore, when it floats its Chinese holding,, for a possible $650 million. Seek chief executive Andrew Bassat has confirmed that – which counts Crown chairman James Packer as its second-largest shareholder – will launch an initial public offering after August. “We’re open to Hong Kong and the Nasdaq at the moment, We’re not committed to either.” Mr. Bassat said. The confirmation comes as Seek looks to expand its portfolio of international investments, which range across China, Malaysia, Brazil and Mexico, and diversify away from its core business of local online job ads, a market that is maturing. It is reported that SEEK has done incredibly well in its domestic market, but that is maturing and it makes sense to look offshore, especially China. And the rise of China will define business this century and SEEK, through, already has a strong business on the ground. The advantage of listing on the Nasdaq is a greater access to capital. However, the Hong Kong stock exchange has been trying to line up a pipeline of IPOs and a listing there would be closer to Asian investors who know the sector. Adecco’s Spring Professionals enters the property and construction recruitment sector*** (Mar. 13, 2014,/HRoot/) Spring Professional, the wholly-owned professional recruitment arm of the Adecco Group in Asia, has announced its expansion into the property and construction recruitment sector. Another Adecco subsidiary that specialises in property related recruitment, Judd Farris Asia, which was first established in Hong Kong in 2005, has been re-branded as Spring Property & Construction. Spring Professional Asia, which launched in March 2013, initially comprised speciality recruitment divisions in IT and engineering. It is now adding property and construction to its offering. The company has offices throughout Asia; in China, Hong Kong, Malaysia, Singapore, South Korea, Taiwan, and Thailand. Spring Property & Construction will focus exclusively on the recruitment of property, facilities management, and construction professionals for middle to senior management level positions in Hong Kong, Shanghai, and Singapore. The Judd Farris offices in Australia and the UK, which are wholly-owned by the Adecco Group, will continue to operate under the Judd Farris brand.
  13. 13. 12HRoot 2014
  14. 14. 13HRoot 2014 CDI Corp. revenue up 2.4% Q4 FY2013** (Feb. 26, 2014, /PRNewswire/) CDI Corp. (NYSE:CDI) today reported results for the fourth quarter and full year ended December 31, 2013. For the fourth quarter 2013, the Company reported revenue of $277.1 million, an increase of 2.4% versus the year-ago quarter. The Company reported fourth quarter 2013 operating profit of $3.8 million compared to operating profit of $8.0 million in the prior-year fourth quarter. For the year ended December 31, 2013, the Company reported revenue of $1.088 billion, a 1.5% decrease versus $1.105 billion reported in 2012. Operating profit for the full year was $20.9 million versus $32.3 million in the prior year. Hudson revenue down in every region FY2013*** (Feb. 28. 2014,/HRoot/) Global talent solutions company Hudson (NASDAQ:HSON) reported revenue of USD 660.1 million, a fall of -13.7% in constant currency from USD 777.6 million last year for FY2013. The company achieved a gross profit of USD 229.9 million, a decline of -18.3% in constant currency from USD 287.9 million in 2012. Hudson reported a net loss of USD 26.8 million, a further drop against a net loss of USD 6.6 million a year ago. On an annual basis, revenue from Europe was USD 288.4 million, a fall of -10% from USD 320.2 million in 2012. Gross profit for the year decreased by -12.8% to USD 108.5 million. Revenue from the Americas fell by -17.9% to USD 139 million, down from USD 169.2 million in 2012. Gross profit for the region dropped to USD 34.2 million, equating to a year-on-year decline of -20.1% from USD 43.2 million last year. Hudson reported a net income of USD 1.3 million in 2013, a fall of -60.7% from a net income of USD 3.3 million a year ago. On an annual basis, revenue from Asia-Pacific fell by -19.3% to USD 232.7 million from USD 288.1 million in 2012. Gross profit for the region fell by -25.8% to USD 87.2 million down from USD 117.4 million last year. First for HR industry news, trends and analysis, please follow us on Wechat"hrmarketwatch".
  15. 15. 14HRoot 2014 SAS surpasses $3 billion in 2013 revenue, growing 5.2% over 2012 results*** (Mar. 13, 2014,HRoot/) Business analytics leader SAS in 2013 achieved its 38th straight year of record revenue – US$3.02 billion – as organizations embraced a range of SAS solutions. Business intelligence revenue spiked on the popularity of SAS Visual Analytics, new data visualization software that brings business threats and opportunities into sharp focus. Revenue growth was double-digit for cloud solutions that fight fraud and financial crimes, manage risk, improve customer relationships and help develop safe, effective new drugs. SAS solutions crunch big data to reveal to organizations what’s working, what isn’t, and profitable ways to do business. Organizations looking to stop fraud fueled a 44 percent jump in sales of fraud prevention and security intelligence solutions. Revenue from cloud- based offerings, SAS Solutions On Demand, jumped 20 percent as pharmaceutical companies prepared for an onslaught of new regulations, businesses sought to understand customer preferences and state and local governments worked to stamp out fraud. Revenue from all industries grew, including an 18 percent increase in the energy and utilities sector, 17 percent in health care and 16 percent in capital markets. Korn/Ferry International Q3 results exceed expectations*** (Mar. 10, 2014,/HRoot/) Executive search firm Korn/Ferry International (KFY: NYSE) reported revenue of USD 250.9 million for the third quarter ending 31 January 2014, an increase of +19% compared with USD 210.3 million a year ago. Fee revenue for the quarter rose by +21% in constant currency from USD 202 million last year to USD 242.2 million this year. The company reported an operating income for the period of USD 27.3 million, a substantial increase of +214% from USD 8.7 million during Q3 2013. Net income for the third quarter rose by +124% to USD 21.3 million up from USD 9.5 million last year. The company’s results materially exceeded analysts’ expectations, with year-on-year growth across all geographies for Executive search and across most industry verticals. By sector, the company’s Executive Recruitment business reported revenue of USD 149.7 million during the third quarter, a year-on-year increase of +15% from USD 130.5 million last year. First for HR industry news, trends and analysis, please follow us on Wechat"hrmarketwatch".
  16. 16. 15HRoot 2014 First for HR industry news, trends and analysis, please follow us on Wechat"hrmarketwatch". Adecco delivers excellent Q4 2013, the stock price create six-year high *** (Mar. 13, 2014,/HRoot/) The world’s largest staffing firm, Adecco reported a 4% rise in fourth-quarter revenue (€4.983billion), compared with the same quarter a year earlier. Gross profit were up 7% year-on-year to €913 million for the fourth quarter. Operating income increased 66% to €210million for this period from €136 million in 2012. For 2013, revenues were €19.5 billion, a decrease of 1% on an organic basis. The gross margin improved to 18.3%, up 40 bps year-on-year. The Group delivered strong operating income rose organically by +21% to €779 million in 2013, compared to €673 million in 2012.In 2013, net income attributable to Adecco shareholders was up 48% to €557 million. Basic EPS was € 3.09, up 54% compared to 2012, reflecting net income growth and the impact of the share buyback programmes. And it made the price climb to its highest level since September 2007. Kingdee International Software Posts Profit In 2013*** (Mar. 17, 2014,/HRoot/) Kingdee International Software Group Co. Ltd. posted full- year 2013 profit attributable to equity holders of the company for the year ended 31 December 2013of about RMB126.4 million, versus last year's loss of RMB140.25 million. Turnover for the year fell by about 9.3% year-on-year to around RMB1.6 billion, from nearlyRMB1.76 billion. Annual earnings per share attributable to equity holders of the company was approximately RMB4.82 cents, as against a loss of RMB5.57 cents a year ago. The directors did not recommend the payment of a final dividend in respect of the year 2013.
  17. 17. 17HRoot 2014 Aon Hewitt survey: India to raise pay by 10%; beats China*** (Feb. 28. 2014,/HRoot/)Employees in corporate India can expect a 10% raise in their salaries on average this year, the lowest pace of increment since 2009, according to a survey released recently. Still, that would be higher than the increments expected in the West and some Asian countries. In China, the average salary increase is likely to be 8.4% this year, while in Malaysia, it is likely to be just 5.4%, according to human- resource consulting firm Aon. Aon Hewitt, which conducts annual salary surveys in several countries. Among the Asia Pacific countries tracked by Aon Hewitt, only Vietnam is expected to outpace India, with a salary increase of 11.1% on average. Lately, a slowdown in investments by Indian companies, especially in manufacturing, and a cutback in consumer spending amid high inflation, has hurt the growth of Indian companies and in turn, their ability to give hefty salary increments. In the recent survey, which covered 565 organizations in 18 industries, Aon Hewitt found that companies in India’s retail and financial services sectors are likely to give their employees the lowest salary increases this year, of around 9% or lower. Meanwhile, companies in the pharmaceutical sector, which largely export their products and have benefited from a weaker rupee, will likely give an increment of 12% on average to their employees. Top performing employees are projected to receive an average 15.3% increase in salary this year, the survey said. Hays survey: Life Sciences jobs flourishing in China’s emerging healthcare market*** (Feb. 28, 2014,/HRoot/)As major healthcare companies move all or part of their core R&D centers to China, technical Life Sciences jobs are increasing, according to Hays Quarterly Hotspots released by recruiting expert Hays. Such China-based R&D centers support the global headquarters and enable firms to respond quickly to changes in local markets. As a result we expect to see increased demand for R&D professionals. But this is not the only area of talent demand within China’s life sciences market. According to Hays, the five Life Sciences skills in greatest demand are: 1.Research and Development professionals 2.Market Access specialists 3.Clinical Affairs 4.Medical Affairs 5.Biostatistics First for HR industry news, trends and analysis, please follow us on Wechat"hrmarketwatch".
  18. 18. 18HRoot 2014 Mercer releases Quality of Living Rankings Report*** (Feb. 28, 2014,/HRoot/) Mercer, the world’s leading consultancy for health, wealth and talent performance released the Quality of Living Rankings recently reveals that Singapore is top Asian city for quality of living and also has been ranked 25th globally for its quality of living. Vienna was revealed as the city with the world’s best quality of living, according to the rankings of 223 cities globally. Zurich and Auckland follow in second and third place respectively, while Munich is in fourth place, followed by Vancouver, which is also the highest-ranking city in North America. While Beijing has been ranked 119th for its living quality. Slagin Parakatil, Senior Researcher at Mercer, said: “Political instability, high crime levels, and elevated air pollution are a few factors that can be detrimental to the daily lives of expatriate employees their families and local residents.” Accenture survey: career capital is key to success*** (Mar. 1, 2014,/HRoot/) New Accenture research reports that more than 89 percent of female professionals around the globe and a similar number of male respondents believe building their “career capital” – those differentiated skills that define and advance their careers – is key to success in the workplace. The research, based on a survey of 4,100 male and female professionals in 32 countries, also found that professionals welcome change and are confident of their ability to succeed in the workplace. Eighty-four percent of both women and men surveyed say they are working to increase their career capital in an effort to enjoy greater opportunities for growth, have the ability to influence decisions at work, increase their credibility among colleagues and peers and reach their goals (cited by 57 percent, 56 percent, 53 percent and 51 percent, respectively). Two out of three (67 percent) believe knowledge or competency in a particular area contributes the most to career capital. Towers Watson survey: multi-pronged approach is needed to tackle skills shortage and achieve sustainable growth in Hong Kong*** (Mar. 1, 2014,/HRoot/) The Hong Kong SAR Government is set to tackle an uncertain future against a backdrop of a potential future structural deficit and a mainstay labour problem; a shortage of manpower that may hamper development across industries. Jeffrey Tang, Director of Talent and Rewards in Hong Kong for Towers Watson, a global professional services company, said in response to the 2014-2015 Budget Address:“While Hong Kong embraces an ageing population and competition for top talent in Asia Pacific, we believe a multi-pronged approach is required to address the problem of a skills shortage. Towers Watson advocates continuous learning, vocational training and encourages a mindshift towards long-term thinking of Hong Kong companies' talent strategies. A singular approach in dealing with a workforce that spans four generations with a continued structural change towards value-add economies is too simplistic. What Hong Kong needs is a long-term solution that addresses the needs of different generations of workforce, a clear path or roadmap to allow our young generation to have a stake in the growth of a company and Hong Kong, and the access to top talent that will help to propel Hong Kong forward. First for HR industry news, trends and analysis, please follow us on Wechat"hrmarketwatch".
  19. 19. 19HRoot 2014 Accenture survey: integrated digital technology to be the key factor for company’s success*** (Mar. 3, 2014,/HRoot/) Mobility technology is the most important digital technology priority for large enterprises, according to a new global study by consulting and outsourcing firm Accenture. Some 43 percent of approximately 1,500 C-level executives surveyed in 14 countries ranked mobility as a top one or two priority, with 77 percent placing it in the top five. Accenture attributed mobile technology’s importance to it being an enabler of other digital technologies, including social, mobile, analytics, cloud and connected products, and said those reporting exceptional return on investment shared a number of traits. More than a third of the companies plans to improve their sales performance by digital technology; Three- quarters of respondents recognize digital technology as strategic investment; nearly 30 per cent those questioned executives hope to add their extra income through the implement of digital technology; 27 per cent questioned hope to enter new market. Thus, companies all over the world are positive about the project of digital technology, mobile and digital technology have also been regarded as an driving important force for promoting the customer interactions and creating new income. Mercer to release the survey about tax-differed corporate annuity*** (Mar. 4, 2014,/HRoot/) Mercer, a global consulting leader in talent, health, retirement, and investments conducted an important and fast survey on the policy of tax-differed corporate annuity jointly released by the Ministry of Finance, the Ministry of Human Resources and Social Security, and the State Administration of Taxation. The report shows that this kind of new policy was widely welcomed by the market and a quarter (25%) of companies which didn’t have any plans on supplementary pension are willing to building the corporate annuity. 23% of questioned have already been implemented the supplementary pension plans; and 60% of the companies said that the supplement pension plan is in operation in the form of corporate annuity. It is reported that the survey covers 147 companies, with over 1,000 employees respectively, from in the industry of manufacturing, chemistry and chemical engineering, information technology/communications, marketing and retail chains, pharmaceuticals, trade, finance and so on. Mercer says that the policy will make part of employers to rethink their total rewards and also build the supplementary pension system or adjust the existing one. However, if the tax advantage didn’t change for employers, most of corporate will not take action. Randstad index finds US employee confidence slips** (Mar. 4, 2014,/HRoot/)The outlook among American workers declined in February, according to Randstad’s U.S. employee confidence index. The index fell 2.7 points in February to a reading of 54.0. Although the index decreased from the five-month high registered in January, it remains 0.5 points higher than this time last year.The index measures workers’ confidence in their personal employment situation and optimism about the economic environment.“Recent, positive economic reports seem to conflict with the dip in employee confidence,” said Jim Link, chief HR officer, Randstad North America. First for HR industry news, trends and analysis, please follow us on Wechat"hrmarketwatch".
  20. 20. 20HRoot 2014 Hays survey: China leads the way for women in management roles*** (Mar. 4, 2014,/HRoot/)The number of women in management positions in China is greater than the average found across Asia, according to a survey of employers conducted by recruiting experts Hays in China. But the recruiter warns that employers may need to act to retain skilled female workers following changes to China’s one child policy. The survey of 2,600 employers found that 36 per cent of management roles are held by women in China. This number compares favourably with the Asian average of 28 per cent. According to Hays, the results suggest that China has made progress in developing and promoting its female workforce into management positions. China was followed by Hong Kong (33 per cent), Malaysia (29 per cent) and Singapore (27 per cent). Japan is falling behind in the diversity stakes, with women in Japan filling just 15 per cent of management positions. Accenture survey: Singapore ranks fifth-lowest worldwide for job satisfaction** (Mar. 5, 2014,/HRoot/) Singapore ranks fifth-lowest worldwide for job satisfaction, with only 32 per cent of local respondents claiming to be satisfied with their job, reported by Singapore-based Lianhe Zaobao on March 4th . Top reason for unsatisfied is that pay is not directly proportional to harvest (40%)and the lack the opportunity of career development(46%).Coincidentally, according to a research conducted by Accenture, 32% of those questioned are satisfied with there jobs. At the same time, despite low job satisfaction, employees unlikely to seek new jobs. It is reported that the research surveyed more than 4,100 professionals in 32 countries. 51job survey: more women taking management positions*** (Mar. 5, 2014,/HRoot/) More women are taking up managing positions in companies and are better recognized than their male counterparts, according to the latest survey conducted by 51job, Inc. (NASDAQ: JOBS), a leading provider of integrated human resource services in China. The survey found 80 percent of respondents said they have female bosses, 11.7 percentage points higher than last year. The survey collected questionnaires from 3,691 web users. It said 16.6 percent of female respondents said they don’t like their female bosses while only 8 percent of male respondents said the same thing. Besides that women are more active in meeting business challenges and women also tend to be more likely to detect weaknesses in female employees and tackle them. First for HR industry news, trends and analysis, please follow us on Wechat"hrmarketwatch".
  21. 21. 21HRoot 2014 BRecruit survey: employees to see salary average up 10-20% after changing jobs*** (Mar. 5, 2014,/HRoot/) BRecruit, a leading HR service provider, released 2014 BRecruit Salary Watch for Mainland China today. The survey involves 36,000 candidates from 1,176 companies in various industries and a thorough analysis of their 2013 salary information and benefits. It covers salary range and structures, top jobs, employees motivation, positions etc. The report shows that in 2013, averagely most employees could get 10% - 20% salary increases when changing jobs. Salaries in second-tier cities were 75%-80% of that in first-tier cities. Besides, BRecruit Salary Watch analyzes demand trends in hiring, such as shortage type of talent, hot jobs, etc. based on 2013 recruitment market and 2014 hiring trend. Salary alone is no longer the most important criterion for job seekers when choosing an employer, the report says, about a quarter of candidates (23.50%) said that an employment brand is a must-have; nearly one fifth of candidates (18.85%) look for companies that have a competitive edge; only 5.19% of candidates put salary as their primary concern. Besides thatwith the advancement of big data processing technology, there’s no doubt that Human Resources is also entering the big data era, along with other industries. Towers Watson survey: global pension fund assets hit record high in 2013**** (Mar. 7, 2014, /HRoot/) Global institutional pension fund assets in the 13 major markets grew by 9.5% during 2013 (compared to 6.9% in 2012) to reach a new high of almost US$32 trillion, according to Towers Watson’s Global Pension Assets Study released today. The growth is the continuation of a trend which started in 2009 when assets grew 18%, and in sharp contrast to a 22% fall during 2008 when assets fell to around US$20 trillion. Global pension fund assets have now grown at over 6.7% on average per annum (in USD) since 2003.The study reveals that the growth in assets helped to strengthen pension fund balance sheets1 during 2013. Furthermore, the ratio of global assets to global GDP is at its highest level since the research began. According to the study, pension assets now amount to around 83% of global GDP, a large rise from the 76% recorded in 2012 and substantially higher than the 57% recorded in 2008. First for HR industry news, trends and analysis, please follow us on Wechat"hrmarketwatch".
  22. 22. 22HRoot 2014 Randstad survey: companies urges to introduce flexible work arrangements to enhance productivity in Singapore*** (Mar. 7, 2014,/HRoot/) Despite the Singapore Government’s efforts to increase work- life harmony by promoting flexible work arrangements, business leaders, particularly in the financial services sector, are yet to be convinced that the benefits outweigh the drawbacks. The final chapter of the Randstad World of Work Report 2013/14 released today reveals just 20% of organisations intend to hire more people on flexible working arrangements to combat talent scarcity in the next five years. This is significantly lower than other developed economies in the region, such as Australia (35%) and New Zealand (39%), and is a dramatic decrease on last year’s figure of 32%.According to the World of Work report, the biggest barrier to introducing flexible working arrangements; such as variable work hours, job-sharing, or working from home, is management’s concern about employee productivity (27%). This is followed by lack of support from business managers and concern about team culture and communications (17% respectively). Michael Page survey: temporary employment viewed positively by employers and worker*** (Mar. 7, 2014,/HRoot/) Employers are generally confident about the value that temporary employment provides, according to research conducted by recruitment firm Michael Page. The majority (80.4%) of all employers surveyed had a positive or very positive perception, although this is noticeably higher in countries with a longer practice of temporary employment; such as Australia, the UK, Canada, compared with nations; such as Poland and Italy, where it is a more recent phenomenon. Around six out of 10 (58.9%) professionals have a similarly positive view, again this noticeably higher in markets with a longer tradition of temporary employment. The main motivator in the use of temporary workers goes beyond just meeting short term needs. It also includes flexibility (89.4%) and bringing external expertise into the business (49.1%). Demographically, a quarter (25.2%) of the temporary workers were aged between 36 and 45 years, with slightly fewer (24.6%) aged between 46 and 55 years. Male temporary workers number marginally higher than female, by 51.5% compared with 48.5%, respectively. First for HR industry news, trends and analysis, please follow us on Wechat"hrmarketwatch".
  23. 23. 23HRoot 2014 Robert Walters survey: professional services drive job growth in China*** (Mar. 10, 2014, /HRoot/) Robert Walters, the international recruitment consultancy, today publishes its Asia Job Index for Q4 2013. The Robert Walters Asia Job Index tracks advertisement volumes for professional positions across the leading job boards and national newspapers in Hong Kong, Singapore, China, Japan, South Korea and Malaysia. The Robert Walters Asia Job Index reveals that the total number of job advertisements for professional positions grew by 1.6% from Q32013 to Q4 2013, and 26.4% compared to Q4 2012, showing an overall improvement in business confidence and demand for skilled candidates across the region. It is also reported that job advertising figures in China were up 2.1% in Q4, compared to Q3 2013; In clear signs of a shift from a manufacturing and production focused economy towards professional services, job adverts in advertising and marketing increased by 16.3%, editors and reporters by 5.5%,consultants and analysts by 2.9% and customer services by 5.4%. Property management adverts increased by 5%; Businesses relocating their Shared Service Centres to China, particularly within IT and HR drove a 2.8% and 3.1% increase, respectively, in job advert numbers in these sectors. The retail sector remained level, with 0.2% growth, as FMCG and luxury brands continued to look to Tier 2 and Tier 3 cities for expansion. Towers Watson to release China HR Trends Survey 2014*** (Mar. 10, 2014,/HRoot/) Towers Watson, the world's leading professional advisory services firm, recently released China HR Trends Survey 2014 showing that 88% questioned companies will increase the number of employees in 2014, with nearly 10% of an average size of their existing number of employees add their employees in 2014. Meanwhile, salary rise in 2014 is expected to gradually clear based on the average increase of 8.5% of the real salary in 2013. China to see 8.8% of salary increase, a slight increase than that of last year. By industry, high-tech industry saw the highest salary increase with 9.6%, and this trend will continue this year with e x p e c t e d 9 . 5 % . Real estate to see 9.9% increase on the average salary. B y a r e a s , t h e r e is little difference between the average increase in salary in big cities like Beijing, G u a n g z h o u a n d Shenzhen. Suzhou is expected to see the average salary increase of 9.4%, which is higher than that of other second-tier cities. And the real salary increase in Suzhou in 2013 was reaching 10%. First for HR industry news, trends and analysis, please follow us on Wechat"hrmarketwatch". 8.5% 9.5% 9.0% 5.1% 5.0% 9.6% 7.7% 8.8% 9.9% 9.7% 6.8% 6.0% 9.5% 8.0% 0% 2% 4% 6% 8% 10% 12% 全行业平均 房地产 外资银行 证券 基金 高科技 保险 2013实际 2014预期
  24. 24. 24HRoot 2014 ManpowerGroup survey: Chinese employers expect hiring activity to rebound modestly *** (Mar. 11, 2014,Beijing /HRoot/)The second quarter 2014 Manpower Employment Outlook Survey report released by ManpowerGroup, the world leader in innovative workforce solutions, reveals that Chinese employers expect the hiring activity to rebound modestly in the second quarter of 2014. It reveals Chinese employers expect to grow staffing levels in all six industry sectors and all nine regions. China’s Net Employment Outlook2 of +15% (seasonally adjusted1) is 2 percentage points stronger quarter- over-quarter, but 2 percentage points weaker year-over-year. It is also reported that 19 percent of Chinese employers expect to increase their staffing levels, while only 3 percent plan to decrease the number of employees. The uncertainty is still evident in China where 38 percent of employers report that they simply don’t know whether they will hire in the quarter ahead, which is 7 percentage points more than employers who responded similarly in the first-quarter research. By industry, employers in the Mining & Construction sector report the strongest hiring intentions with a Net Employment Outlook of +20%. Elsewhere, a positive hiring activity is anticipated in Wholesale & Retail Trade sector, with employers reporting Outlook of +18%. A steady hiring pace is expected by employers in Transportation & Utilities sector, where the Outlook stands at +16%. And respectable job gains are forecasted in the Services sector and the Manufacturing Sector, with employers in both reporting Outlooks of +14%.Among the regions, employers in four all expect the hiring pace to remain respectable in the next three months. And the most hopeful hiring pace is reported in North Region, South Region and East Region, with employers in all reporting Outlooks of +16%. First for HR industry news, trends and analysis, please follow us on Wechat"hrmarketwatch".
  25. 25. 25HRoot 2014 First for HR industry news, trends and analysis, please follow us on Wechat"hrmarketwatch". Robert Half survey: demand for accounting and finance professionals in China highest in Asia*** (Mar. 11, 2014,/HRoot/)The recruitment of finance and accounting professionals in China will be the most active anywhere in the world during the next six months, according to research released by Robert Half Singapore.As part of the recruitment firm’s 2014 Asia Salary Guide, 69% of companies reported that they will hire more finance and accounting professionals in China during the first half of 2014. This was approximately double the rate of demand being anticipated in Europe.China just beats Brazil in Robert Half’s analysis though the following two spots were taken by the Asian tigers of Hong Kong and Singapore.Singapore is one of only three countries where there wasn't a single company surveyed that indicated they planned to reduce staff – together with the UAE and Hong Kong Randstad survey: a healthy lifestyle leads to better employee performance*** (Mar. 12, 2014,/HRoot/) Seven out of 10 (70%) employees worldwide responded that they perform better at work when they work-out or play sports regularly, according to the latest Randstad Workmonitor survey. The survey is conducted in 33 countries. According to 78% of respondents, working-out and playing sports are key in achieving a healthy lifestyle. It is the second highest scoring element in the survey, following a good work-life balance (93%). Mariëlle de Macker, Managing Director of Group HR at Randstad, commented: “A healthy lifestyle is something we all aspire to. It is a given that healthy employees, physically as well as mentally, make for better performers. And thus contribute more to the overall business goals. I am happy to see that active health-at-work policies at companies are a widespread phenomenon across the globe. I can only encourage this trend.” ManpowerGroup survey: nearly 20% employers plan to increase their staffing levels in Hong Kong*** (Mar. 12, 2014,Hong Kong, /HRoot/) The second quarter 2014 Manpower Employment Outlook Survey report released by ManpowerGroup, the world leader in innovative workforce solutions, reveals that 17% questioned employers in Hong Kong plans to increase their staffing before June, over 70per cent companies expect to maintain the existing number of employees hire in the quarter ahead. And the industry of finance, insurance and real estate report the strongest hiring intentions, with employers reporting Outlook of +16%.Elsewhere, a positive hiring activity is anticipated in finance, insurance and real estate, with employers reporting Outlook of +23%, the Outlook slightly increases 13percentage points compared with the previous quarter. Wholesale & Retail Trade sector report outlook of 14%, keeping the same with last.
  26. 26. 26HRoot 2014 First for HR industry news, trends and analysis, please follow us on Wechat"hrmarketwatch". IMA releases International Salary Survey*** (Mar. 13, 2014, Beijing, /HRoot/) Reflecting the significance of the global marketplace, IMA (Institute of Management Accountants) has released International Salary Survey recently. In every region the global accounting association surveyed, professionals holding the CMA (Certified Management Accountant) credential had greater earning power than non-CMAs. With responses from nearly 2,500 individuals, IMA’s survey is an accurate representation of its member base and a true measure of the management accounting community. It found, globally, CMA holders earn an average of 45 percent more in annual salary and 48 percent more in annual compensation than noncertified peers, reinforcing the benefits of certification. Moreover, nearly half of all respondents reported receiving a raise within six months prior to the survey. It is also showing that despite the challenged economic environment and the increasing competitive pressures that company faced with, financial professionals’ salary to rise average of 5%-15% over the past year. Towers Watson to release 2014 Change Management and Communication ROI Study*** (Mar. 13, 2014, /HRoot/) Over the past 10 years, Towers Watson has studied the strong relationship between superior financial performance, and effective change management and communication. The 2013 - 2014 Change Management and Communication ROI Study looks back at how change and communication effectiveness has evolved, and reveals that the fundamentals are more effective when grounded in a deep understanding of an organization's culture and workforce. The current report explores four fundamental areas that differentiate the change and communication practices of the most successful organizations. The report showing that the most effective companies build a differentiated employee value proposition, and are three times more likely to focus on behaviors that drive organization success instead of focusing on program cost. Companies with high effectiveness in change management and communication are three and a half times more likely to significantly outperform their industry peers than firms that are not effective in these areas. Effective managers are a catalyst for successful change, yet only one in four organizations that train managers say the training is effective.
  27. 27. 27HRoot 2014 First for HR industry news, trends and analysis, please follow us on Wechat"hrmarketwatch". Robert Walters survey: professional services drove China’s Job Market in Q4*** (Mar. 13, 2014,/HRoot/) Robert Walters published its Asia Job Index for Q4 2013. The key findings of the report are as follows: The number of job adverts in China increased by 2.1% from Q3 to Q4, and 30.2% year on year, the largest year on year rise in the region; Professional services sectors in particular contributed to the uplift in a clear sign of a shift towards a service-based economy and increasing sophistication within the manufacturing sector;In clear signs of a shift from a manufacturing and production focused economy towards professional services, job adverts in advertising and marketing increased by 16.3%, editors and reporters by 5.5%, consultants and analysts by 2.9% and customer services by 5.4%; Property management adverts increased by 5% as real estate companies focused on improving utilisation rates on existing properties, instead of driving more investment in fixed assets Businesses relocating their Shared Service Centres to China, particularly within IT and HR drove a 2.8% and 3.1% increase, respectively, in job advert numbers in these sectors; The retail sector remained level, with 0.2% growth, as FMCG and luxury brands continued to look to Tier 2 and Tier 3 cities for expansion. LinkedIn survey: majority of professionals would welcome contact from recruiters **** (Mar. 14, 2014,/HRoot/) As part of LinkedIn’s Talent Trends 2014 report, more than 18,000 professionals from across 26 countries were asked about their jobseeking status showing that the majority (60%) of respondents said that while they are not looking, they are at a stage where they are either open to talking to a recruiter or starting to lightly reach out to their close network for opportunities. A quarter (25%) are actively seeking work, while 15% state that they are not looking at all. The countries where candidates are most open to chatting with recruiters are: Sweden(71%), Finland (68%), China(67%), Russia( 67%), Norway (67%), Spain(65%).On the other hand, there are a few countries that are noticeably below the global average of 60% and where candidates are more hesitant to talk to recruiters:United Arab Emirates (45%), India (45%), South Africa (52%),Turkey(53%), UK(54%).Despite the variance between the top and bottom outliers, it’s clear that huge numbers of professionals welcome direct contact and are willing to explore opportunities to advance their career.
  28. 28. 28HRoot 2014 First for HR industry news, trends and analysis, please follow us on Wechat"hrmarketwatch". SEEK survey: job advert stabilisation continues across south-eastern states*** (Mar. 14, 2014, /HRoot/) The latest figures from SEEK show that the number of new job adverts placed with the Australian job board broadly stabilised in February, following steady growth in the last three months of 2013 and a surge in new job adverts in January 2014.The SEEK New Job Ads, seasonally adjusted, fell by -0.9% in the month, but remain +3.8% higher than three months earlier. The SEEK Employment Index, which illustrates the ratio of new job adverts placed with SEEK to the number of applications for those jobs, fell by -3% for the month of February. This was after a jump of +7.6% in the three months to January 2014. The fall in the SEEK Index in February can be attributed to a rise in applications, rather than underlying weaknesses in the labour market. Hays survey: think before you post on social media*** (Mar. 18, 2014,/HRoot/)If employees are frustrated or bored at work they should bear in mind that venting feelings about their workplace or boss on social media could be read by anyone, according to recruiting experts Hays. The recruiter says posting comments on social media sites about your dissatisfaction at work has the potential to backfire and be very embarrassing – or worse. In fact, many employers will actively search social media during the recruiting process of a potential candidate and if they find evidence of such behaviour, even if it is in the past, it wouldn’t give positive signals and may prevent a person from being hired. Being aware of your digital footprint is hugely important in today’s – and tomorrow’s market.
  29. 29. 29HRoot 2014 First for HR industry news, trends and analysis, please follow us on Wechat"hrmarketwatch". HRBoss’s survey reveals the truth about HR big data in Asia*** (Mar. 18, 2014, /HRoot/) HRBoss release its first whitepaper report of the 2014 Asia HR Big Data Survey, which exposes the many challenges the Asia-based HR department faces in adopting a data-driven approach in 2014, showing that as the spotlight continues to shine on HR Big Data and with no sign that interest is waning, the state of Big Data for human resources in the APAC region is, in reality, still very much in its infancy. The report also reveals that only 23% of Asia-based human resources professionals know what HR Big Data is;79% claim that a Big Data strategy is a priority in 2014 - but 98% have no Big Data strategy in place; HR is stuck in Excel Hell: 92% are frustrated by their reporting process; HR want to be strategic - but 80% do not have the right tools to get there. Big Data is like the internet in 1996: we knew it was coming but we could not foresee the impact it would have on our lives. Noise or not, we believe that Big Data will provoke a similar transformation and will richly reward early adopters, similar to those firms that embraced the internet in the mid-nineties. survey: bank jobs attractive despite lagging salaries in China*** (Mar. 18, 2014, /HRoot/) Banking is the hottest sector among job seekers in Shanghai but ranks only fifth in terms of salaries, an online recruitment company said in a survey reported by the An average 113.6 job seekers would apply for one vacancy in the banking sector every day in Shanghai, followed by environmental protection jobs with 77.8, said in a survey covering positions posted on the website over the past month. In terms of salary, the average monthly pay offered in banking sector was CNY 8,045 (USD 1,308), lagging by far the best-paid professional services such as auditing, legal consultancy and human resources, where job seekers on average were offered CNY 11,927 (USD 1,941) a month. Intermediary services, online gaming and computer software sectors were also among the higher-salary jobs. Sales are the most-needed professionals in Shanghai, while the real estate and construction sector is the biggest recruiter, the report said.
  30. 30. 30HRoot 2014 First for HR industry news, trends and analysis, please follow us on Wechat"hrmarketwatch". Towers Watson survey: fund management companies optimistic about 2014*** (Mar. 19. 2014, /HRoot/) Fund management companies are more optimistic about the prospects for equity returns in most markets, while remaining concerned about world growth and medium-term government bonds, according to a global survey of investment management companies conducted by Towers Watson, the global professional services company. The survey also highlighted the most important issues investment managers expect to face in 2014, which are government intervention, inflation, global economic imbalances and financial instability, with government intervention being a very significant concern for them in the next five years.The survey shows that managers expect unemployment to remain a tough challenge for some Western economies, especially for the Eurozone countries implementing fiscal austerity measures. According to managers, expansionary monetary policies are expected to hold in 2014, with exceptionally low interest rates in some Western economies, but to gradually tighten in the years ahead. Inflation is viewed as a moderate near-term risk, with some very concerned about long-term inflation risk in both the U.S. and Europe. 51job survey: strong demand for talent in three main industries*** (Mar. 19, 2014,/HRoot/) The number of positions posted on the website in February was over 3million, up 38.5% compared with the same period last year, according to the latest survey conducted by 51job, a leading provider of integrated human resource services in China. By industry, the number of jobs posted online ranked in the top ten industries are: real estate development, Internet / e-commerce, finance / investment / securities, computer software, fast moving consumer goods, education/ training, architecture and engineering, clothing/textiles/leather, machinery/equipment /Heavy and trade/import and export. And the number of positions in finance posted on the website increased by 100%. It is also reported that the expected salary increases in 2014 will vary according to industry to industry. R & D category of employees to see the highest salary increase(11.1%) in 2014, and the industry of finance, marketing, engineering and production and administrative staff also to see the salary increase of 8%.
  31. 31. 31HRoot 2014 First for HR industry news, trends and analysis, please follow us on Wechat"hrmarketwatch". Hays survey: more than half aspire to the top jobs*** (Mar. 21, 2014, /HRoot/) More than half of Australians aspire to be a high-level executive, according to a survey by staffing provider Hays. In a survey of 1,364 professionals, 55% said they aspire to a position as a top executive and a further 29% said they have ambition to work in mid to senior level management. But 16% of respondents said they do not want to work in a management role. According to Hays, the results suggest that the majority of professionals aspire to the C-suite. However, with a limited number of vacancies available for the top jobs, candidates will need to do everything they can to stand out from the competition. Hudson survey: hiring expectations dip for Q2 (Mar. 22, 2014,/HRoot/) Hiring expectations have dipped slightly for the second consecutive quarter in New Zealand, falling 3.5 percentage points in the second quarter, according to the Hudson Report: Employment Trends released by staffing provider Hudson Global Inc. (NASD: HSON).The drop indicates a slower-than- expected start to the year in terms of hiring given strengthening business confidence and robust economic growth. Nearly two-thirds, 64.6%, of the more than 1,000 employers surveyed said they intend to keep staffing levels steady this quarter, according to Hudson. This is a 4.3 percentage point increase, while positive hiring intentions remain relatively stable at 27.3% and reflects caution in the market. Hiring intentions in the South Island, while remaining the strongest across the regions, have dropped a significant 10.3 percentage points with 38.7% of employers intending to increase headcount, in the lowest result since Q2 2011. Hult International Business School reveals ongoing deficit of job- ready MBA grads*** (Mar. 23, 2014,/HRoot/) Hult International Business School released a report entitled "The Future of Business Education & the Needs of Employers" showing that interviewees expressed overwhelmingly that, despite efforts to modernize MBA programs, business schools continue to do a poor job preparing students to enter the workplace, largely because they do not adequately measure the skills and behaviors that prove most useful for evaluating talent and predicting success."Despite employer needs for more graduates with better skills and abilities, business schools are clearly still behind the curve in producing these graduates," said Hult President Stephen Hodges. "While much has been written about the need for business education to modernize in the face of 21st century change, not much actual change has occurred. Some programs have introduced new course topics and a renewed emphasis on practical skills, but a fundamental rethinking of how student abilities are measured and meaningfully improved during an MBA needs to occur for business schools to stay relevant". The report also affirms the drastic need for an overhaul of the traditional MBA curriculum.
  32. 32. 32HRoot 2014 First for HR industry news, trends and analysis, please follow us on Wechat"hrmarketwatch". Deloitte survey: ageing population to provide opportunities in Australia**** (Mar. 24,2014, /HRoot/) Much is made of the future strains an ageing population may put on the economy, but a new report suggests that it will also generate opportunities. Residential aged care, retirement leisure and re-skilling an ageing workforce are among potential growth areas that could contribute to the nation's prosperity over the next 20 years, according to consultants Deloitte. In the third of a series of analyses, Deloitte highlights 19 sectoral "hotspots" that have the biggest potential to lift Australia's growth trajectory. The 19 pockets of future growth featured in the new report released on Monday could contribute at least a further $150 billion to the economy. Importantly, they are mainly high job creating areas. The numbers of older Australians interested in working longer are swelling, but they need their skills updated. Cegos survey: employees prefer training when companies provide support*** (Mar. 25, 2014,/HRoot/) Cegos, an international leader in continuing professional development, released its European Training Survey 2013 recently. The survey covers 2470 employees and 600 human resources directors, training managers in five different countries(France, Germany, Spain, Italy and UK ) to get the deep understanding on the training practice and needs .The survey showed that employees prefer training when companies provide support. More specifically, the overall satisfaction rates stand at 94%. British employees are more satisfied than the rest, their Spanish counterparts less so. Feedback from French employees is hovering near the 5-country average. It is also reported that employees are never keener on new training methods. 93% have taken group classroom course with a trainer, 51% with distance course. Kronos survey: Chinese retailers begin to change the ideas of workforce*** (Mar. 26, 2014,/HRoot/)A new survey titled “The State of the Workforce in Retail: The Global Perspective” commissioned by Kronos and conducted by Aberdeen Group revealed that retailers in China is changing the workforce ideas under the illusion that workforce is not only a kind of an expense fee, but also a sort of flexible resource, even a kind of competitive advantage when compared with other countries in the world. The survey also showed that retailers, which viewed labour as a kind of competitive advantage, is far ahead on the key business performance, with lower staff turnover and less absenteeism and overtime work.
  33. 33. 33HRoot 2014 First for HR industry news, trends and analysis, please follow us on Wechat"hrmarketwatch". Hays survey: post-CNY staff turnover challenges continue but opportunities exist*** (Mar. 26, 2014,/HRoot/) Over a third of respondents to a survey in China say their organisation’s staff turnover rate is higher around the Chinese New Year period compared with other months, according to recruiting experts Hays in China. Compared to Chinese New Year in 2013, 38 per cent said there was an increase in turnover in 2014 and 47 per cent said the number was similar. Only 15 per cent of respondents said the turnover rate was lower. These findings support the view that the weeks following Chinese New Year are usually the peak season for employees to change jobs as most have received their bonuses and some may be considering their next career move. But according to Hays, it is long-term career development rather than salary that should be the primary deciding factor in which role to take. Robert Half International survey: 71% of HR execs confident about economic prospects*** (Mar. 28, 2014,/HRoot/) A survey of 100 Australian human resources executives found that 71 percent are confident about the nation’s economic prospects for the year ahead, according to the Robert Half International Inc. (NYSE: RHI) 2014 salary guide. And 76 percent of business leaders expect their organization to grow in 2014. The salary guide indicates this growth is driving demand for office support staff in the areas of reception, customer service and project administration. Despite today’s large applicant pool, firms cannot afford to be complacent with their recruitment strategy. Quality talent is always in demand and HR executives have cited staff recruitment and retention as a key challenge for their organisation, with 83% of business leaders concerned about losing top employees. This year, 37% of firms anticipate increasing their administration and office support team salaries, and one in five will increase bonuses.
  34. 34. 35HRoot 2014 Manpower named Fortune’s Most Admired Company for 2014 in HR industry*** (Mar. 5, 2014,/HRoot/) Manpower Inc. (NYSE: MAN), the world leader in innovative workforce solutions, has been recognized as the industry leader by Fortune Magazine, who named the company in first place on its 2014 list of the Most Admired Companies in the temporary help sector, followed by Robert Half International and Randstad. It is reported that ManpowerGroup has held this position for several consecutive years before, but the company ranked No. 5 last year, and it is forever commitment to remain number 1.Outranking its competitors in global competitiveness, people management, social responsibility and quality of management, Manpower’s unmatched global footprint, strong leadership and commitment to doing well by doing good earned the company an overall score of 7.45. Infor Orbis named a leader in the 2014 MRM Gartner Magic Quadrant** (Mar. 5, 2014,/HRoot/) Infor, a leading provider of business application software, today announced that Infor Orbis was selected as a Leader in the 2014 Marketing Resource Management (MRM) Gartner Magic Quadrant for its MRM solution. The report evaluates vendors based on ability to execute and completeness of vision. According to Gartner, "Leaders in the MRM market demonstrate exemplary performance. They deliver breadth and depth of integrated MRM functionality on large, enterprisewide and global implementations that extend MRM across the marketing organization. Leaders successfully articulate business propositions that resonate with buyers." This is the third consecutive year that Infor Orbis MRM has been positioned in the Leaders quadrant. "We believe this Gartner Leader placement is proof that the hours and investment dollars we put into our Infor CRM suite of applications are being recognized by our peers, current customers and prospects," said George Wright, senior vice president and general manager, CRM, Infor. First for HR industry news, trends and analysis, please follow us on Wechat"hrmarketwatch".
  35. 35. 36HRoot 2014 First for HR industry news, trends and analysis, please follow us on Wechat"hrmarketwatch". Hudson recognized as a leader RPO service provider by NelsonHall*** (Mar. 7, 2014,/HRoot/) NelsonHall, the leading global BPO and IT outsourcing analyst firm, has ranked Hudson RPO, a division of global talent solutions provider Hudson, as a “leader” in all five market quadrants of the firm’s NEAT vendor evaluations for recruitment process outsourcing companies. The quadrants include Overall, Full Service RPO, Candidate Attraction Emphasis, Talent Management Focused RPO and Multi-Country RPO.“This recognition by NelsonHall’s expert analysts and clients further validates the quality of Hudson RPO services, its breadth of capabilities, and its growing presence in the marketplace”, said Hudson Chairman and CEO Manolo Marquez. “It is encouraging to have independent, expert assessments of the value of our offering, confirming our leadership position in today’s outsourced recruitment services market.” Career International named as the Best HR Outsourcing Service Provider*** (Mar. 13, 2014, Shanghai) The Best HR Service Providers in Greater China 2012- 2013 awards, issued annually by Human Capital Management magazine, a journal published by China's leading Internet and media company HRoot , was held on March 12th at the Pudong Ritz-Carlton Hotel. Career International, a leading talent management services provider received the award of Best HR Outsourcing Service Provider. The awards attracted more than 100 corporate directors of human resources, human resources managers, CEOs and corporate executives. The selection of winners of the "Greater China Best HR Service Providers in Greater China” awards has already been successfully held in the past nine years, and is the most authoritative, high-profile and largest of its kind in the Greater China region. Aptean won “Best HR Management Software Provider in Greater China”*** (Mar.13,2014,Shanghai)The award ceremony of “Best HR Service Providers in Greater China 2013-2014” sponsored by Human Capital Management and HRoot was held in The Ritz-Carlton Hotel in Pudong district of Shanghai on March 12, 2014, among which 24 awards were announced. More than 100 enterprises Human Resource Directors, Human Resources Managers, CEOs and industry experts joined together to celebrate and witness the moment. With the professional service and brand influence, Platinum HRM was crowned “Best HR Management Software Provider in Greater China”. The award granted to Platinum HRM proves the industry recognition of its contributions made to promote the development of China's human resources management progress. As the most influential human resources management provider, Platinum HRM has always been focused on e-HR field in the past twenty years.
  36. 36. 37HRoot 2014 First for HR industry news, trends and analysis, please follow us on Wechat"hrmarketwatch". ManpowerGroup named the World’s Most Ethical Companies for four consecutive years *** (Mar. 21, 2014,/HRoot/) ManpowerGroup,the world leader in innovative workforce solutions, announced recently that the company has once again been named one of the World’s Most Ethical Companies by the Ethisphere Institute, an independent research center. And it means that the company won the award for four consecutive years. It is reported that scores are generated in five key categories: ethics and compliance program (25%), reputation, leadership and innovation (20%), governance (10%), corporate citizenship and responsibility (25%) and culture of ethics (20%). “This accomplishment is only possible because of all of you — our colleagues in 80 countries. And this is a powerful competitive differentiator for us — clients, prospects, candidates, colleagues, investors and other stakeholders want to work with companies with the best reputations, and the behaviors and commitment to back it up.” said Jeffrey Joerres, ManpowerGroup Executive Chairman. Paychex named one of the Most Ethical Companies in the world for the sixth time*** (Mar. 25, 2014, /BUSINESS WIRE/) Paychex, Inc. has been recognized by The Ethisphere Institute, an independent center of research promoting best practices in corporate ethics and governance, as a 2014 World’s Most Ethical Company. This marks the sixth time Paychex, a leading provider of payroll, human resource, insurance, and benefits outsourcing solutions for America’s businesses, has been honored with this award, which recognizes organizations that continue to raise the bar on ethical leadership and corporate behavior. World’s Most Ethical Company honorees understand the correlation between ethics, reputation, and daily interactions with their brand and that the award belongs as much to their employees as it does to them. Paychex is one of only six companies in the business services industry honored this year. The World’s Most Ethical Company assessment is based upon the Ethisphere Institute’s Ethics Quotient framework. Scores are generated in five key categories: ethics and compliance program (25%); reputation, leadership, and innovation (20%); governance (10%); corporate citizenship and responsibility (25%); and culture of ethics (20%). Mercuri International awarded Top 20 Sales Training Company globally 2014** (Mar. 20, 2014,/HRoot/) Mercuri International has for the third consecutive year been selected one of the Top 20 Sales Training Companies globally by Selection to the Top 20 list was based on the following criteria: Industry recognition and impact on the sales training industry; Innovation in the sales training market; Company size and growth potential; Breadth of service offering; Strength of clients served; Geographic reach. “We are happy to once again be recognized for all the impactful work we do with clients all over the world.” says Nicole Dereumaux, CEO Mercuri International Group.
  37. 37. 39HRoot 2014 Robert Walters launched 2014 salary survey in Beijing** (Mar. 6, 2014, 2014,/HRoot/)The launch of the Robert Walters Global Salary Survey, now in its 15th year, was held at the Royal Smushi House in Beijing today. Over 70 HR professional attended the event and had the opportunity to network with Robert Walters Beijing team. Lulu Zhou and Simon Li, Associate Directors from Beijing Office, shared Salary Survey highlights with HR guests at the event. The 2014 Robert Walters Global Salary Survey is based on an analysis of placements made across our network of offices and specialist disciplines across the globe during 2013. Now in its fifteenth year, the Survey is used by employers, HR managers and employees for benchmarking salary levels within their industry. HRoot: Best HR Service Providers in Greater China 2013-2014 Award Ceremony Held in Shanghai**** (Mar. 12, 2014,/HRoot/) The Best HR Service Providers in Greater China 2012-2013 awards, issued annually by Human Capital Management magazine, a journal published by China's leading Internet and media company HRoot, was held on March 12th at the Pudong Ritz-Carlton Hotel. The 24 awards were announced one by one before more than 100 corporate directors of human resources, human resources managers, CEOs and corporate executives. The selection of winners of the "Greater China Best HR Service Providers in Greater China” awards has already been successfully held in the past nine years, and is the most authoritative, high-profile and largest of its kind in the Greater China region. It seeks to promote and encourage development of human resources industry, to recognize and praise the benchmark companies that have improved the services and management of the human resources in the Greater China region. The selection of the Best HR Service Providers in Greater China 2013-2014 awards started in January 2014, whose nomination, short-listing, assessment, determination and announcement lasted two months. The event has attracted 120 enterprises. Ultimately, 28 service providers stood out in fierce competition for the 24 awards.First for HR industry news, trends and analysis, please follow us on Wechat"hrmarketwatch".
  38. 38. 40HRoot 2014 First for HR industry news, trends and analysis, please follow us on Wechat"hrmarketwatch". SHRE to host the annual dinner in Shanghai *** (Mar. 27, 2013, Shanghai) The Society of HR Executives (SHRE) (part of HRoot), a non-profit high-end human resources club of utmost influence in China, today held the annual dinner at Shanghai The Ritz-Carlton successfully, which attracted plenty of HRD/VP from Sanofi, Boehringer Ingelheim, PWC, DHL, Volvo, Wal-Mart, AIA, Delphi, Fluor, HILTI, Deloitte and LACOSTE and so on. The head of CIIC, GUANAITONG, Aon Hewitt, CEB, DDI, Kelly Service, Randstad, First Advantage and other global and national leading human resource service organizations also appeared on this ceremony. Society of HR Executives was established on March 27, 2013 at Shanghai, The SHRE is committed to being a high-end, influential membership organization in the human resources industry in China, and it aims to provide a high-profile platform for Fortune 500 companies and large enterprises president or human resources executives to learn, network, grow, and share. SHRE gathers valuable insights and expertise of human resources elites to establish benchmarks for human resources management in China and jointly promote the progress of the industry. IBM to hold the 2014 “Tour of Beauty• Flavor• Art• Wisdom”**** (Mar. 14, 2014,/HRoot/)IBM, the world’s largest information technology and business solutions provider, held the Sharing meeting of IBM smarter team-- “Tour of Beauty• Flavor• Art• Wisdom” together with HRoot at Shanghai Bund, Shanghai's fashionable landmark. It is reported that the activity attracted nearly sixty CEO, president of HR and HRD from the well-known companies. Being the strategic partner, HRoot has build a high vision, high-grade, high-value commercial platform for IBM and corporate executives to learn, social, develop and share. And over thirty member of SHRE(part of HRoot), a non-profit high-end human resources club of utmost influence in China, attend this activity. SAP to hold “CHRO SAP Discovery” together with HRoot**** (Mar. 24, 2014, Shanghai) SAP, a global leading enterprise management software provider announced recently that the company plan to hold the “CHRO SAP Discovery” on April 9th at SAP China institute together with HRoot, a leading human resources media and Internet company in China. It is reported that the CHRO SAP Discovery has invited plenty of HR executive form the global fortune 500 and well-known domestic large enterprises. All of them will focus on the integration of global business practices and local development and based on the hot trend of loud computing, big data, mobile and socialize to discuss that the abundant opportunities for HR industry on the HR management frame transition. Hope everyone registration.
  39. 39. 41HRoot 2014 LinkedIn to announce partnership with Tencent*** (Mar.7, 2014,/HRoot/)Global leading professional social network LinkedIn announced recently that the company has signed a cooperation agreement with, part of Tencent, one of China's largest and most used Internet service portal. And both company jointly launched “LinkedIn Character” to integrated the premium information from LinkedIn Influencers to China. The LinkedIn influencers(part of LinkedIn), is a content platform , which has brought together more than 450 management gurus from global business, politics and other areas. It is reported that the move can make those global leaders from business and politics have easier access to release high-quality information showing to readers by and Tencnet’s three-dimensional media platform. Meanwhile, domestic entrepreneurs can also get the updated analysis of technology trend and commercial hot spots by global leaders. First for HR industry news, trends and analysis, please follow us on Wechat"hrmarketwatch".
  40. 40. 42HRoot 2014 Raises in salary the tide expand to informal workers in Japan*** (Mar. 6, 2014, /HRoot/) It is reported that the raises in salary the tide began to expand to informal workers in Japan. Besides, the trend of pay rise of part- time workers is increasingly obvious and expanding. The government urged companies to raise the salary to get rid of deflation and corporate with outstanding performance are agreed to increase the salary of their formal employees, which makes it possible for the emerging of raises in salary the tide beyond employment form. It is said that the informal workers like dispatch employees, part-time employees accounted for nearly 40 per cent of employment laborer in Japan (about 19 million). For formal workers, they can get pay rise by formally negotiate, while dispatch employees can get the pay rise by asking the customer company by the dispatch company. First for HR industry news, trends and analysis, please follow us on Wechat"hrmarketwatch".
  41. 41. 44HRoot 2014 7. APPENDIX 1: Ranking Company Name in English Company Name in Chinese Stock Exchange Code of Exchange Stock Code Mkt captial on Mar. 31, 20142 Currency & Unit Mkt captial Mar.31,2014 USD,mn Mkt captial Feb.28,2014 USD,mn Compared with previous month 1 ADP 安德普翰 Nasdaq NASDAQ ADP 37,080.00 USD,mn 37,080.00 37,450.00 -0.99% 2 Marsh & McLennan Companies, Inc./Mercer 3 威达信集团 New York Stock Exchange NYSE MMC 26,650.00 USD,mn 26,650.00 26,260.00 1.49% 3 Aon 怡安 New York Stock Exchange NYSE AON 24,880.00 USD,mn 24,880.00 25,690.00 -3.15% 4 LinkedIn Corp. / New York Stock Exchange NYSE LNKD 22,970.00 USD,mn 22,970.00 25,770.00 -10.87% 5 Workday / New York Stock Exchange NYSE WDAY 15,860.00 USD,mn 15,860.00 20,180.00 -21.41% 6 Adecco 德科 ADEN/ADE SWX/EURONEXT ADEN/ADE 13,844.63 CHF,mn 15,618.13 14,147.45 10.40% 7 Paychex / Nasdaq NASDAQ PAYX 15,480.00 USD,mn 15,480.00 15,130.00 2.31% 8 Randstad 任仕达 NYSE Euronext (Amsterdam) AMS RAND 7,570.00 EUR,mn 10,409.51 8,020.00 29.79% 9 Towers Watson 韬睿惠悦 New York Stock Exchange NYSE TW 8,360.00 USD,mn 8,360.00 8,140.00 2.70% 10 ManpowerGroup 万宝盛华集团 New York Stock Exchange NYSE MAN 6,110.00 USD,mn 6,110.00 6,160.00 -0.81% 11 Robert Half International 罗致恒富 New York Stock Exchange NYSE RHI 5,660.00 USD,mn 5,660.00 5,570.00 1.62% 12 SEEK 4 / Australian Securities Exchange ASX SEK 5,940.00 AUD,mn 5,494.50 5,830.00 -5.75% 13 The Ultimate Software / Nasdaq NASDAQ ULTI 3,740.00 USD,mn 3,740.00 4,720.00 -20.76% 14 Hays 瀚纳仕 London Stock Exchange LON HAS 2,010.00 GBP,mn 3,345.24 1,960.00 70.68% 15 Booz Allen Hamilton 博思艾伦 New York Stock Exchange NYSE BAH 3,240.00 USD,mn 3,240.00 2,640.00 22.73% 16 Team Health Holdings / New York Stock Exchange NYSE TMH 3,090.00 USD,mn 3,090.00 3,180.00 -2.83% 17 Health Net / NYSE Euronext (Paris) EPA HNT 2,670.00 USD,mn 2,670.00 2,660.00 0.38% 18 Yonyou 用友 Shanghai Stock Exchange SHA 600588 16,490.00 CNY,mn 2,638.40 22,250.00 -88.14% 19 Michael Page International 米高蒲志国际 London Stock Exchange LON MPI 1,500.00 GBP,mn 2,496.45 1,520.00 64.24% 20 Neusoft 东软 Shanghai Stock Exchange SHA 600718 15,100.00 CNY,mn 2,416.00 21,750.00 -88.89% 21 51job 前程无忧 Nasdaq NASDAQ JOBS 2,110.00 USD,mn 2,110.00 2,220.00 -4.95% 22 On Assignment / Nasdaq NASDAQ ASGN 1,950.00 USD,mn 1,950.00 1,830.00 6.56% 23 Temp Holdings / Tokyo Stock Exchange TYO 2181 199,110.00 JPY,mn 1,931.37 219,650.00 -99.12% 24 Korn/Ferry International 光辉国际 New York Stock Exchange NYSE KFY 1,430.00 USD,mn 1,430.00 1,200.00 19.17% 25 USG People / NYSE Euronext (Paris) AMS USG 963.79 EUR,mn 1,325.31 1,020.00 29.93% 26 TrueBlue / New York Stock Exchange NYSE TBI 1,180.00 USD,mn 1,180.00 1,120.00 5.36% 27 Kingdee 金蝶 Hong Kong Stock Exchange HKG 0268 7,330.00 HKD,mn 944.84 7,530.00 -87.45% 28 Kelly 必胜 Nasdaq NASDAQ KELYA 869.31 USD,mn 869.31 923.02 -5.82% 28 Meitec 明达科 Tokyo Stock Exchange TYO 9744 89,620.00 JPY,mn 869.31 81,280.00 -98.93% 30 Sthree / London Stock Exchange LON STHR 494.33 GBP,mn 822.71 518.02 58.82% RANKING LIST OF MARKET CAPITALIZATION OF HUMAN RESOURCES SERVICE PROVIDERS,March 2014 Exchange rate,3/31/2014 HKD1 0.1289 USD TWD1 0.0328 USD EUR1 1.3751 USD GBP1 1.6643 USD AUD1 0.9250 USD JPY 1 0.0097 USD CNY1 0.1600 USD CHF1 1.1281 USD 1
  42. 42. 45HRoot 2014 7. APPENDIX 1: Ranking Company Name in English Company Name in Chinese Stock Exchange Code of Exchange Stock Code Mkt captial on Mar. 31, 20142 Currency & Unit Mkt captial Mar.31,2014 USD,mn Mkt captial Feb.28,2014 USD,mn Compared with previous month 31 Insperity5 / New York Stock Exchange NYSE NSP 760.81 USD,mn 760.81 739.90 2.83% 32 Kforce / Nasdaq NASDAQ KFRC 706.19 USD,mn 706.19 619.90 13.92% 33 McMillan Shakespeare / Australian Securities Exchange ASX MMS 735.55 AUD,mn 680.38 809.33 -15.93% 34 Monster / New York Stock Exchange NYSE MWW 670.62 USD,mn 670.62 747.29 -10.26% 35 Groupe Crit / NYSE Euronext (Paris) EPA CEN 468.37 EUR,mn 644.06 486.91 32.27% 36 AMN Healthcare Services / New York Stock Exchange NYSE AHS 635.19 USD,mn 635.19 640.22 -0.79% 37 Synergie / New York Stock Exchange EPA SDG 439.86 EUR,mn 604.85 455.94 32.66% 38 Resources Connection 荟才 Nasdaq NASDAQ RECN 541.51 USD,mn 541.51 527.45 2.67% 39 Corporate Resource Services / FINRA, over-the- counter electronic trading board OTC CRRS 458.58 USD,mn 458.58 401.85 14.12% 40 Barrett Business Services / Nasdaq NASDAQ BBSI 415.98 USD,mn 415.98 505.56 -17.72% 41 Robert Walters 华德士 London Stock Exchange LON RWA 236.28 GBP,mn 393.24 267.06 47.25% 42 Dice Holdings / New York Stock Exchange NYSE DHX 388.95 USD,mn 388.95 405.75 -4.14% 43 Saba Software / Nasdaq NASDAQ SABA 360.41 USD,mn 360.41 381.55 -5.54% 44 Heidrick & Struggles 海德思哲 Nasdaq NASDAQ HSII 349.26 USD,mn 349.26 326.02 7.13% 45 CDI Corporation / New York Stock Exchange NYSE CDI 329.16 USD,mn 329.16 355.69 -7.46% 46 Impellam Group / London Stock Exchange LON IPEL 196.41 GBP,mn 326.89 169.02 93.40% 47 ClickSoftware Technologies / Nasdaq NASDAQ CKSW 318.13 USD,mn 318.13 325.73 -2.33% 48 Staffline Group / London Stock Exchange LON STAF 183.15 GBP,mn 304.82 163.65 86.26% 49 Cross Country Healthcare / Nasdaq NASDAQ CCRN 248.99 USD,mn 248.99 322.04 -22.68% 50 Pasona 保圣那 Tokyo Stock Exchange TYO 2168 22,730.00 JPY,mn 220.48 23,440.00 -99.06% 51 Chandler Macleod Group / Australian Securities Exchange ASX CMG 218.74 AUD,mn 202.33 218.74 -7.50% 52 Volt Information Sciences 渥特 PINK PINK VISI 170.87 USD,mn 170.87 208.49 -18.04% 53 Harvey Nash Group / London Stock Exchange LON HVN 78.59 GBP,mn 130.80 87.41 49.64% 54 Hudson 翰德 Nasdaq NASDAQ HSON 124.50 USD,mn 124.50 116.75 6.64% 55 WDB Holdings / Tokyo Stock Exchange TYO 2475 12,630.00 JPY,mn 122.51 11,470.00 -98.93% 56 104 Job bank 104人力银行 Taiwan Stock Exchange TPE 3130 3,690.00 TWD,mn 121.03 3,630.00 -96.67% 57 Fullcast Holdings / Tokyo Stock Exchange TYO 4848 10,930.00 JPY,mn 106.02 11,700.00 -99.09% 58 ATA 全美测评 Nasdaq NASDAQ ATAI 92.64 USD,mn 92.64 93.10 -0.49% 59 Computer & Technologies 科联系统 Hong Kong Stock Exchange HKG 0046 591.14 HKD,mn 76.20 596.05 -87.22% 60 NetDimensions 网维 London Stock Exchange LON NETD 26.43 GBP,mn 43.99 26.81 64.07% Exchange rate,3/31/2014 HKD1 0.1289 USD TWD1 0.0328 USD EUR1 1.3751 USD GBP1 1.6643 USD AUD1 0.9250 USD JPY 1 0.0097 USD CNY1 0.1600 USD CHF1 1.1281 USD RANKING LIST OF MARKET CAPITALIZATION OF HUMAN RESOURCES SERVICE PROVIDERS,March 20141
  43. 43. 46HRoot 2014 Notes: 1. Market Capitalization:Market cap is calculated from the total value of a company's stock, namely total shares of stock times price per share. It fluctuates with stock market. 2. Above data come from the closing prices of local exchanges of the companies on Mar. 31, 2014. 3. Marsh & McLennan Companies is the parent company of Mercer. 4. SEEK is the parent company of 5. Insperity was formerly named Administaff. 7. APPENDIX 1: Ranking Company Name in English Company Name in Chinese Stock Exchange Code of Exchange Stock Code Mkt captial on Mar. 31, 20142 Currency & Unit Mkt captial Mar.31,2014 USD,mn Mkt captial Feb.28,2014 USD,mn Compared with previous month 61 Hydrogen Group / London Stock Exchange LON HYDG 26.09 GBP,mn 43.42 25.61 69.55% 62 DLH Holdings / Nasdaq NASDAQ DLHC 24.20 USD,mn 24.20 25.45 -4.91% 63 Clarius Group / Australian Securities Exchange ASX CND 20.60 AUD,mn 19.06 17.47 9.07% 64 Prime People / London Stock Exchange LON PRP 9.97 GBP,mn 16.59 8.86 87.28% 65 Hamilton James & Bruce / Australian Securities Exchange ASX HJB 3.34 AUD,mn 3.09 3.34 -7.50% 66 Fortune Industries / New York Stock Exchange NYSE FFI 1.60 USD,mn 1.60 1.60 0.00% 67 Workstream / FINRA, over-the- counter electronic trading board OTC WSTMF 0.94 USD,mn 0.94 1.07 -12.62% Exchange rate,3/31/2014 HKD1 0.1289 USD TWD1 0.0328 USD EUR1 1.3751 USD GBP1 1.6643 USD AUD1 0.9250 USD JPY 1 0.0097 USD CNY1 0.1600 USD CHF1 1.1281 USD RANKING LIST OF MARKET CAPITALIZATION OF HUMAN RESOURCES SERVICE PROVIDERS,March 20141
  44. 44. 47HRoot 2014 8. APPENDIX 2: RANK OF WEBSITE GLOBAL TRAFFIC OF HR SERVICES PROVIDERS, March 2014 1 Rank Company Name in English Company Name in Chinese Domain Name Website Global Traffic Rank Website Traffic Rank in Country2 Backward Linking3 Search Engine Traffic4 1 Oracle 甲骨文 527 460  4,290 7,160,000 2 / 775 550 NA 755,000 3 IBM 国际商业机器公司 840 778 5,750 18,900,000 4 CareerBuilder 凯业必达 881 223 1,810 4,550,000 899,711 NA 86 110,000 5 智联招聘 1,216 99 1,380 6,840,000 6 ADP 安德普翰 1,379 325  620 111,000 89,460 8,652 59 789 7 51job 前程无忧 1,416 108 1,370  17,600,000 8 SAP 思爱普 2,889 860 2,670 11,300,000 9 Accenture 埃森哲 3,887 879 2,050 107,000 10 Deloitte 德勒-人力资本咨询 5,853 4,407 NA 1,150,000 11 SilkRoad 仕睿 6,275 1,468 126 24,400 12 Gallup 盖洛普 8,016 1,984 1,260 43,300 13 PwC-Human Resource Consulting 普华永道-人力资源咨询 9,605 4,705 226,000   1,740 816,057 43,012 NA 20,600 14 Ernst&Young 安永-企业咨询 9,693 5,919  98,000 2,390 15 SAS 赛仕软件 10,215 5,786 1,520 1,040,000 16 KPMG Consulting 毕马威-企业咨询 11,018 5,335 1,370  149,000 17 Robert Half International 罗致恒富 13,085 2,707 480  13,100 18 中华英才网 13,988 719 1,290 2,020,000 19 Yingjiesheng 应届生求职网 14,008 925 471 5,500,000 20 Sage 赛捷 14,824 8,789 404 590,000 21 JobsDB 中国人才热线 18,516 1,127  565 1,320,000 22 PageUp People / 24,380 414 270 17,000 23 Aon 怡安 29,625 11,838 621 28,500 24 Randstad 任仕达 35,039 11,153  430 549,000 2,059,029 NA NA 4,930 25 Kenexa / 35,111 10,423 240 52,200 26 Hays 瀚纳仕 38,222 5,156 605 37,600