When Chinese companies expand #overseas, what are the crucial 'first hires' they #recruit to ensure they set up a foundation for #success? Apart from key in-country positions such as Country Manager or General Manager, or senior roles in Sales, BD or Marketing, Operations, and even Legal Counsel...HR is considered a very important early hire that a company must get right to ensure they set up a foundation for success. Importance of #HR as an early hire when expanding overseas: - Ensure compliance with local labor laws. - Develop HR policies that align with corporate goals as well as local dynamics. - Build an 'A Team' of early hires and a #workculture that will attract more 'A' players to join. Chinese #Internet and #tech companies, in particular, need the right HR leader to ensure their talent pipeline can keep pace with their overseas business development. According to Xin Zhang, a CGL Senior Consultant who focuses on recruiting for mid-to-high-end positions in HR and marketing for cutting-edge #technology sectors, such as Internet/web3, in #Europe, the #Americas, and #AsiaPacific region, companies should consider the different stages of their development when selecting suitable candidates for HR positions. Start-ups with Overseas Business Scale of Less Than 100 People (0-1 Stage): For start-ups in the early stages of overseas business development (0-1 stage) with a #business scale of less than 100 people, candidates with about 5 years of experience are recommended for HR positions. Gradual Expansion of Overseas Business (1-10 stage): As the company's overseas business gradually expands (1-10 stages), candidates with about 8-10 years are suitable. Mature Enterprises with Considerable Scale Overseas: Mature enterprises that already have a considerable scale overseas may need to recruit junior HR business partners (HRBPs) as well as higher-level overseas HR leaders. The #salary for these positions varies greatly depending on the rank, ranging from over US$200,000 to $700,000 annually. Given the accelerated pace of #overseasexpansion of Chinese enterprises, CGL's overseas search business recorded a year-on-year increase of 20% in 2023, serving 131 enterprises and placing 189 positions. In line with this, CGL Consulting Co., Ltd. strategically expanded its talent services in 2023 to cover major economies across the #Americas, #Europe, and #SoutheastAsia, assembling a dedicated virtual overseas team of 40 highly skilled professionals. Click on the link in the comments section to read the full article (originally in Chinese and auto-translated to English). Stay tuned and follow CGL Consulting Co., Ltd. for more #insights on how to continue #creatinggreatervalue in 2024 and keep abreast of #China's exciting #talentmarket! #strongertogether
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Are you curious about the key factors that drive talent retention in Japan, Mainland China, Singapore, and India? Delve into our RGF Talent in Asia report, as featured by BCCJ - The British Chamber of Commerce in Japan, which offers a diverse array of insights from professionals across Asia. If you're interested in gaining a deeper understanding of the distinct market trends and nuances in this region, access the complimentary download of the RGF Talent in Asia 2023 report here. https://lnkd.in/g5p6tT6B #RGFHRAgent #RGFAsianIntelligence #insights #hiring #recruitment #talentacquisition #job #work #jobopportunities #worklifebalance #TalentRetention #MarketTrends #AsiaBusiness #ProfessionalInsights
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Are you curious about the key factors that drive talent retention in Japan, Mainland China, Singapore, and India? Delve into our RGF Talent in Asia report, as featured by BCCJ - The British Chamber of Commerce in Japan, which offers a diverse array of insights from professionals across Asia. If you're interested in gaining a deeper understanding of the distinct market trends and nuances in this region, access the complimentary download of the RGF Talent in Asia 2023 report here. https://lnkd.in/g5p6tT6B #RGFProfessionalRecruitment #RGFAsianIntelligence #insights #hiring #recruitment #talentacquisition #job #work #jobopportunities #worklifebalance #TalentRetention #MarketTrends #AsiaBusiness #ProfessionalInsights
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Helping Recruitment Professionals Advance and Optimize their Careers in Greater China | Rec2Rec | 15k connections
🌏 Trends in Global Mobility: The Rise of Outbound Recruitment from China In recent times, we've witnessed a significant trend in the recruitment landscape, especially concerning Chinese companies expanding overseas. This movement isn't just about companies spreading their wings; it's about creating global opportunities for Mainland Chinese talents to join these ventures in new markets. 🚀 What's driving this trend? Two key factors: 1️⃣ Increased Interest in Overseas Opportunities: There's a growing appetite among Chinese professionals to explore careers abroad. This isn't just about seeking new challenges; it's about being part of a global narrative. 2️⃣ Relocation and Expansion: As Chinese companies plant flags on foreign soil, the need for familiar talent to guide these operations has become evident. We're seeing more professionals taking the leap to move overseas, bringing with them a wealth of knowledge and cultural understanding. While outbound-focused recruitment teams based in China are currently covering much of this demand, we foresee a shift. The future points towards an increased need for 'boots on the ground' – local teams in these overseas markets that understand both the local dynamics and the unique needs of Chinese enterprises. 🤝 Let's Collaborate and Make Global Mobility Easier Our goal is to streamline this global mobility. If you're witnessing similar trends in your market, whether you're a client directly involved or a Rec2Rec professional, let's connect. We are keen on exploring mutually beneficial collaboration opportunities to make this transition smoother and more efficient. Together, we can bridge gaps, create seamless transitions, and ensure that the global expansion of Chinese companies is backed by the best talent from home and abroad. 🌐 📩 DM me, or let's start a conversation below. Let's make global talent mobility a reality, together. #GlobalMobility #RecruitmentTrends #ChinaBusiness #InternationalCareers #Rec2Rec #CollaborationOpportunities #LinkedInNetwork
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https://hr.asia
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Tech firms in Japan are scouring for talent amid labor shortage
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