“Belt and Road” Talent Acquisition Salon successfully held by Career International

2019-07-11 10:27

Recently, Career International organized “Belt and Road” Talent Acquisition Salon in Shanghai. 20+ HR executives from different established brands were present on invitation. Over the event, they exchanged opinions on the issues concerning talent recruitment in the SEA and European markets along “Belt and Road”.

Mr. Wallace Gao, Chairman at Career International, and Mr. Xin Guo, CEO at Career International made the opening and closing remarks for the event respectively. And we were honored to have Nick Baxter, CEO at Investigo, a leading UK specialist recruitment agency, Markus Steinbeisser and Bernhard Plecher from WHG, an IT staffing platform in Europe, and Celine Li, GM of International Business at Career International as our keynote speakers. These four senior experts shared information about different talent markets, and offered workable advice to help Chinese firms better approach the local talent resources. Mr. Gary Li, GM of RPO at Career International, presided over the salon.

 



Nick was the first to take the stage and introduced the UK talent market to the attendees. Nick pointed out that UK recruitment market was arguably the most competitive and sophisticated one in the world. It was highly fragmented with over 30,000 active recruitment companies, despite of the country’s population of 67 million. And 99% of companies employ less than 100 people, with 95% less than 20 people. Talking about the external environment, Nick showed that Brexit brought political and financial uncertainty to the market, which drove some UK companies to increase investment in other European countries. However, despite all of this, the UK job market continued to grow and entered record employment levels. Companies were recruiting more than ever with vacancies increasing by 22% in 2018. And UK remained as one of the leading centres for investment globally. Regarding how to build talent teams in the UK for Chinese-funded enterprises, Nick advised that they should prioritise quality above price and have the right talent in the right seats. Also, diversity and inclusion was important to retain top talents. Besides, partnering with local specialist agencies will help increase hiring efficiency and locate the right candidates.
 
Later, Markus Steinbeisser and Bernhard Plecher shared their insights into German market. According to them, it was estimated that the staffing market in Germany, the second largest in Continental Europe, was worth EUR 25.1 billion in 2016. And Germany ranked 9th in SIA’s 2017 Most Attractive Staffing Markets, scoring highly in terms of market size, ease of doing business, political stability, the level of higher education and training, as well as the protection for permanent employees. Additionally, the experts added that, “Fueled by cloud, digitization, agile development, mobile and autonomous driving and other advanced technologies, IT & engineering end-markets are expected to grow at above average industry growth rates. It further drives the demand for high-skilled professionals in these two domains, which jointly accounts for 59% professional staffing market in Europe. Yet, the demand-supply gap for scarce IT resources and skills is increasing, leading to a fierce war for talent.”
 
Last but not the least, Celine Li talked about the challenges faced by Chinese firms in their talent acquisition in SEA market, and offered solutions accordingly. She noted that with global business expansion, HR team had to acquire talents in a brand new environment. Different cultures and norms made recruitment complicated, which was even more so plus the changing company strategies and business transformation of the employers, fierce competition from other global players, and diverse talent attraction practice in different cultural backgrounds. In response to the mentioned challenges, Celine suggested: “Chinese firms had better develop a good knowledge about the politics, economy, history, culture, religion, labor laws and regulations of the target market before rolling out their strategic business plans. And cooperation with professional talent agency with global networks will also be recommended. With assistance from experts, it is easier to conduct in-depth research on talent supply, compensation level, etc. of the local market, and identify effective hiring channels, so as to build a sustainable talent pipeline overseas.”
 
In the Q&A and Networking session, the guests were active to communicate with the keynote speakers, seeking professional advice on the challenges and concerns they had in hiring talents. At last, Mr. Guo delivered a closing speech and brought the event to a successful conclusion.
 
Motivated by “Belt and Road” Initiative and increasing overseas business needs of Chinese enterprises, Career International has accelerated its pace in building global service networks, with presence in Asia, North America, Europe and Australia. We boast a team of international seasoned consultants, who are familiar with the local talent market, compensation system, labor laws and cultural practices. It enables us to respond timely to client’s needs, and offer them useful advising and consulting services. Apart from that, collaboration between our domestic and overseas teams has helped quickly locate the right talents demanded by clients in their international business development. In the future, we will work with more global partners to perfect our total talent solutions, and better serve our client and candidate. 

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