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Job market overview and recruitment strategy for graduates Lei Lin HR Director, Microsoft Corporation Asia-Pacific R&D Group.

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Presentation on theme: "Job market overview and recruitment strategy for graduates Lei Lin HR Director, Microsoft Corporation Asia-Pacific R&D Group."— Presentation transcript:

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2 Job market overview and recruitment strategy for graduates Lei Lin HR Director, Microsoft Corporation Asia-Pacific R&D Group

3 China Economy: A modest forecast, rebalancing Data sources: AonHewit 1. National Bureau of Statistics, PRC 2. Aon Hewitt China Salary Increase Survey 1995-2010 3. 2011 GDP and CPI forecasted by the World Bank. 4. International Monetary Fund Database

4 Voluntary turnover rates: 2012 Q2 Data sources: 2012 Aon Hewitt Q2 Quarterly Watch 1st Tier Cities 一类城市 2nd Tier Cities 二类城市

5 Voluntary turnover rates: By industry Data sources: 2012 Aon Hewitt Q2 Quarterly Watch

6 Voluntary turnover rates: By professions Data sources: 2012 Aon Hewitt Q2 Quarterly Watch R&D EngineeringF/AMarketingProductionQA/QCSales Supply chain Manual Workforce Top 1 General Staff Top 5 Top 7 Professional Top 2Top 4Top 10 Top 6 Top 3 Top 9 Supervisor/Sr. Professional Middle Management Top 8 Top Management

7 Fulfilment challenges: By professions Data sources: 2012 Aon Hewitt Q2 Quarterly Watch R&D EngineeringF/AMarketingProductionQA/QCSales Supply chain Manual Workforce 手工操作工人 Top 3 General Staff 普通员工 Top 10 Professional 专业技术人员 Top1Top 2 Top 8Top 6 Top 4 Supervisor/Sr. Professional 主管 / 高级专业技术人员 Top 7 Top 9 Middle Management 中级管理层 Top 5 Top Management 最高管理层

8 Snapshot of talent supply: fresh graduates 2013 Number of graduates (10K) Data Source: 2012 EOU China, PRC

9 New landscape of job market DefendAttack SOE POE MNC Now Future Preferred employer Preferred Location

10 Jobs available for fresh graduates Data Source: 2010-2011 MyCOS Job market Survey Results

11 New demand of talents Modern HR mgt. Quantity Quality Multiple tasks Expertise Competency based Degree Competency Fast learner Experiences Potential Efficiency and career Loyalty Career aspiration Adaptability/Collaboration IQ EQ 分工细化 Innovation and Creativity Execution Creativity Comprehensiveness Data sources: 2012 Aon Hewitt Q2 Quarterly Watch

12 12 Staffing Approach Data Source: 2012-2013 Mercer Fresh Graduates Survey Results No. of companies answered “Yes” as percentage of 285 companies. Each company chose all that apply. “5” is the most effective approach. Percentage of companies that answered 4 and 5.

13 Starting Pay for Fresh Graduates – 1 st Tier Cities Data sources: 2012 Aon Hewitt Q2 Quarterly Watch

14 14 Starting Pay - 211 Universities Comp 1* (RMB) Tier 1 Cities Data Source: 2012-2013 Mercer Fresh Graduates Survey Results * Comp1 = Annual Base Salary (Monthly Base Salary x No. of months paid) Functions MasterPh.D 25PAvgMed75P25PAvgMed75P Same for all Functions65,50089,03784,000107,250108,375141,355143,000169,875 R&D: Software Development (Include ITO) 78,488103,74497,750120,550123,500156,927150,000180,000 R&D: Hardware Development 72,00096,55894,950117,625123,000142,629132,000162,000 Other technical jobs67,50084,86878,00096,000117,500151,723131,590180,375 BPO53,10058,08854,00061,740-- Sales55,50076,28071,10090,35052,00094,996109,200122,780 Marketing61,20071,90871,43581,600-- Supporting Function54,00068,73162,06078,000--134,500158,300-- Industry tier one: Finance, Real estate, Internet and Telecom Industry tier two: Pharmaceutical, Energy, Auto, FMCG,

15 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

16 Recruitment Process Winter Intern Dec. to March Ongoing UR engagement Summer Interns July to Aug Campus talk Oct to Dec Campus Job fair Jan to Feb Spring window March

17 Selection Process CV screening Paper test Group interview 1:1 interview Offer Discipline Competency Experience Graduated school GPA Technical skills Occupational skills Aptitude test English Communication English Influence Problem Solving Performance under pressure Team work Technical skills Professionalism Culture fit English Congratulations!!!

18 Beijing Shanhai Shenzhen Taipei Tokyo Seoul Microsoft Asia-Pacific R&D center

19 Thank you!

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