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• Job market overview and recruitment strategy for graduates

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• Job market overview and recruitment strategy for graduates

  1. 1. Job market overview and recruitment strategy for graduates Lei Lin HR Director, Microsoft Corporation Asia-Pacific R&D Group
  2. 2. China Economy: A modest forecast, rebalancingData sources: AonHewit1. National Bureau of Statistics, PRC2. Aon Hewitt China Salary Increase Survey 1995-20103. 2011 GDP and CPI forecasted by the World Bank.4. International Monetary Fund Database
  3. 3. Voluntary turnover rates: 2012 Q2 1st Tier Cities 2nd Tier Cities 一类城市 二类城市Data sources: 2012 Aon Hewitt Q2 Quarterly Watch
  4. 4. Voluntary turnover rates: By industryData sources: 2012 Aon Hewitt Q2 Quarterly Watch
  5. 5. Voluntary turnover rates: By professions Supply Engineering F/A Marketing Production QA/QC Sales R&D chain Manual Workforce Top 1 General Staff Top 5 Top 7 Professional Top 2 Top 4 Top 10 Top 6 Top 3 Top 9 Supervisor/Sr. Professional Middle Management Top 8 Top ManagementData sources: 2012 Aon Hewitt Q2 Quarterly Watch
  6. 6. Fulfilment challenges: By professions Supply Engineering F/A Marketing Production QA/QC Sales R&D chain Manual Workforce Top 3 手工操作工人 General Staff Top 10 普通员工 Professional Top1 Top 2 Top 8 Top 6 Top 4 专业技术人员 Supervisor/Sr. Professional Top 7 Top 9 主管/高级专业技术人员 Middle Management Top 5 中级管理层 Top Management 最高管理层Data sources: 2012 Aon Hewitt Q2 Quarterly Watch
  7. 7. Snapshot of talent supply: fresh graduates 2013 2011 Employment rate within 6 months 83% 75.30% 68.70% 76.70% PHD Master Bachelor College Number of graduates (10K) 700 660 680 700 610 631 559 600 495 500 413 400 333 300 200 100 0 2005 2006 2007 2008 2009 2010 2011 2012 2013Data Source: 2012 EOU China, PRC
  8. 8. New landscape of job market 3.70% 3.20% Preferred employer SOE Defend Attack 14.10% 29.90% WOFE JV 15.50% POESOE 16.20% NonE 11.30% Gov. NGO 6.10% HK/TW etc. NowPOE Future Preferred LocationMNC
  9. 9. Jobs available for fresh graduates Data Source: 2010-2011 MyCOS Job market Survey Results
  10. 10. New demand of talentsModern HR mgt. Quantity Quality Expertise ComprehensivenessMultiple tasks Degree Competency Competency based Fast learner Experiences PotentialEfficiency and career Loyalty Career aspiration IQ EQAdaptability/CollaborationInnovation 分工细化 and Creativity Execution Creativity Data sources: 2012 Aon Hewitt Q2 Quarterly Watch
  11. 11. Staffing Approach•No. of companies answered “Yes” as percentage of 285 •“5” is the most effective approach.companies. Each company chose all that apply. •Percentage of companies that answered 4 and 5. Data Source: 2012-2013 Mercer Fresh Graduates Survey Results 12
  12. 12. Starting Pay for Fresh Graduates – 1st Tier Cities Data sources: 2012 Aon Hewitt Q2 Quarterly Watch
  13. 13. Starting Pay - 211 Universities Comp 1* (RMB) Tier 1 Cities Functions Master Ph.D 25P Avg Med 75P 25P Avg Med 75P Same for all Functions 65,500 89,037 84,000 107,250 108,375 141,355 143,000 169,875 R&D: Software Development 78,488 103,744 97,750 120,550 123,500 156,927 150,000 180,000 (Include ITO) R&D: Hardware 72,000 96,558 94,950 117,625 123,000 142,629 132,000 162,000 Development Other technical jobs 67,500 84,868 78,000 96,000 117,500 151,723 131,590 180,375 BPO 53,100 58,088 54,000 61,740 -- -- -- -- Sales 55,500 76,280 71,100 90,350 52,000 94,996 109,200 122,780 Marketing 61,200 71,908 71,435 81,600 -- -- -- -- Supporting Function 54,000 68,731 62,060 78,000 -- 134,500 158,300 -- Industry tier one: Finance, Real estate, Internet and Telecom * Comp1 = Annual Base Salary (Monthly Base Salary x No. of months paid) Industry tier two: Pharmaceutical, Energy, Auto, FMCG,Data Source: 2012-2013 Mercer Fresh Graduates Survey Results 14
  14. 14. Focus on Hai-Gui (returned students): a spot survey result • Spot Survey conducted by HayGroup China and partner in early 2011. Total 792 samples, • 59% without work exp. • 18.2% from UK, 31.3% US. • Master degree 53%. • Major in Biz or Eco. 48% • Overall, Hai-Gui’s enjoy 27% premium in starting salary compared with their domestic peers. • 71% of respondents reported to have got one or more offers within 3 months in China • 24% of them are now working for financial sectors Source: HayGroup China Spot Survey
  15. 15. Recruitment Process Ongoing UR Campus talk Spring engagement Oct to Dec window Summer Campus Job MarchWinter Intern Interns fairDec. to March July to Aug Jan to Feb
  16. 16. Selection Process Offer Congratulations!!! 1:1 interview • Technical skills Group interview • Professionalism • Culture fit • Communication • English Paper test • English • Influence • Technical skills • Problem Solving CV screening • Occupational skills • Performance under pressure • Aptitude test • Team work• Discipline • English• Competency• Experience• Graduated school• GPA
  17. 17. Microsoft Asia-Pacific R&D center Beijing Shanhai Shenzhen Taipei Tokyo Seoul
  18. 18. Thank you!

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