Latest News:  
Beijing   Sunny    16 / 4   City Forecast

Home>>China Features

China's SOEs in hot demand

(China Daily)

09:11, October 27, 2011

[Li Min/China Daily]

Vincent Chen is ready to change jobs, moving from a world-famous foreign aircraft manufacturer to a State-owned aviation group. And three colleagues are going with him.

A 27-year-old engineer, Chen often complained to friends about his low salary compared to others in the same field, but it is not the 20 percent pay increase that makes him so determined to quit.

"It depends on where I can get to in the State-owned company. If I work hard, the chances are that I'll get a generous bonus at the end of the year," Chen said. "Counting on a fixed wage won't do, you know."

Over the past 18 months, about half of Chen's colleagues in Beijing have left their jobs. Seventy percent ended up in State-owned enterprises.

Chen's case is part of a wider trend seen by some headhunters and human resources consulting firms: multinational companies are losing luster as the most attractive career destinations for young and senior professionals in China.


【1】 【2】 【3】 【4】

Email|Print|Comments(Editor:陈乐乐)

Leave your comment0 comments

  1. Name

  

Selections for you


  1. Spotlight on culture of Tujia, Miao ethnic group

  2. Hong Kong Open Windsurfing Championships 2011 kicks off

  3. Saffron flowers enter harvest season in Indian-controlled Kashmir

  4. Vancouver prepares for Halloween

Most Popular

Opinions

  1. China weighs social security law for foreign workers
  2. Positive factors emerge in Chinese stock market
  3. New energy layout taking shape in China
  4. US motives in Africa questioned
  5. Sharing China's poverty alleviation experience
  6. Does China's space program threaten US?
  7. US cannot export its crisis
  8. Arab Spring: Turbulence or Revolution?
  9. Five highlights expected at EU Summit
  10. Online business order remains in infancy

What's happening in China

Peking Opera: Male parts female roles

  1. Wal-Mart stores in SW China reopen after scandal
  2. Teens still lack sleep due to lots of school stress
  3. Beijing's taxi drivers should buckle up
  4. 21 regions across in China raise minimum wage
  5. Chinese satisfied with nation's banks: Poll

PD Online Data

  1. What do Chinese eat during the Spring Festival?
  2. Brief Introduction to Spring Festival
  3. Tangyuan
  4. Hot Pot
  5. Guangdong candy