Talent Retention In China
Victoria Hooker
Agenda
China’s Looming Talent Shortage
Shortage of Suitable University Graduates
Source: McKinsey Global Institute labor supply database
In Thousands (2003 – 200...
Skill and Experience Premiums
Source: Study by Pacific Bridge for Shanghai (2007)
(In USD)
Hierarchy of Needs of Chinese Employees
Source: Master Thesis Study by Ullyana Klyushina and Wenzhu Cai (2009)
Best Practices
Effective Communication
& Branding
Competitive Compensation Career Planning &
Development
Relationships
Export.gov
Industry Data / Education Statistics
Labor Laws and Regulations
Hrmasia.com
Overview of HR Challenges in China
...
Talent Retention in China
Talent Retention in China
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Talent Retention in China

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  • Farrell, D., & Grant, A. (2005). China's looming talent shortage. McKinsey Quarterly, (4), 70-
    79. Retrieved from Business Source Complete database.
    Fan, K. (2006). How can multinational corporations retain their employees in China? (CAHRS
    Increase in the number of US & European Invested Companies
    Increase in the number of domestic corporations
    Socialist Cultural Revolution (1966-1976) – No capitalist mindset among older generations
    The importance of social status and hierarchy
    Theoretical education system with no practical application
    Underrepresentation of “Soft Skills”
    Poor English language skills
    Skilled talent isn’t concentrated in industrial hot spots
    Universities are scattered throughout China
    Poaching of Skilled Talent
    Wage Inflation – Unsustainable retention strategies
    Working Paper #06-08). Ithaca, NY: Cornell University, School of Industrial and Labor Relations, Center for Advanced Human Resource Studies. Retrived from http://digitalcommons.ilr.cornell.edu/cahrswp/407/.
  • Farrell, D., & Grant, A. (2005). China's looming talent shortage. McKinsey Quarterly, (4), 70-79. Retrieved from Business Source Complete database.
  • Gross, A., & Connor, A. (2007). Seeing red. Employee Benefit News, 21(8), 22-24. Retrieved from Business Source Premier database.
  • Master Thesis Study by Ullyana Klyushina and Wenzhu Cai. Talent Retention within Multinational Companies in China (2009)  
    Gross, A., & Connor, A. (2007). Seeing red. Employee Benefit News, 21(8), 22-24. Retrieved from Business Source Premier database.
  • Talent Retention in China

    1. 1. Talent Retention In China Victoria Hooker
    2. 2. Agenda
    3. 3. China’s Looming Talent Shortage
    4. 4. Shortage of Suitable University Graduates Source: McKinsey Global Institute labor supply database In Thousands (2003 – 2008)
    5. 5. Skill and Experience Premiums Source: Study by Pacific Bridge for Shanghai (2007) (In USD)
    6. 6. Hierarchy of Needs of Chinese Employees Source: Master Thesis Study by Ullyana Klyushina and Wenzhu Cai (2009)
    7. 7. Best Practices Effective Communication & Branding Competitive Compensation Career Planning & Development Relationships
    8. 8. Export.gov Industry Data / Education Statistics Labor Laws and Regulations Hrmasia.com Overview of HR Challenges in China Best Practices: Retention Strategies Business Source Complete / Premier Analysis of Talent Shortage in China Case Studies Google Scholar Best Practices for Multinational Corporations Hierarchy of Retention Motivators of Chinese Employees

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