Shanghai seeing a rapidly increasing flow of foreigners
Labor migration to China accounts for almost half of those who move to the country on a yearly basis. It was reported by China Daily that 104,300 of the foreign residents in Shanghai have moved to the country on either short term business trips for the likes of building contacts, or to take up longer posts within companies.
Randstad says that this is becoming a more prominent discussion point for those who are looking into employing people, as emerging markets can mean that places with a high percentage of skilled jobs can pick and choose their candidates.
“Shanghai has seen a rapidly increasing flow of foreigners coming for jobs over the past three to five years, and the trend continues and is expected to grow significantly in the near future, given the booming local economy,” Sun Haode, director of the labor and employment center for foreigners under the labor and social security bureau in Shanghai, said to China Daily.
Randstad also highlighted the clouding of the line between flexible working and permanent positions as a global trend for many of its clients, as the boundaries between the two become less prominent and less discussed.
The company said similar in its latest Employee Confidence Index, in which it said that many companies now take on seasonal employees at this time of year, with the idea being that a job is temporary, but this can lead further.
“While many of these workers would prefer full-time positions, one of the benefits of temporary or part-time employment is the ability to bridge into a permanent position down the road,” said Randstad in the report.
Overall, the employment market in 2012 looks like it will be boosted, with most companies having recently reported that they will be offering more jobs throughout the early part of the year. With these trends taken into account, and the moves taken to address them, Randstad said the economic growth and jobs market should look brighter throughout 2012.
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