December 5th, 2007 by China Business Success Stories
Last night, I was on MSN chatting with my client, whose trading WFOE (Wholly Foreign Owned Enterprise) incorporation is being proceed by me currently. He hired a 21 year old assistant to assist him in daily affairs. My client sacked her a couple of days early, for her irresponsibility and laziness, and is seeking another assistant, so he asked me if I happened to know anybody. I introduced a girl who’s intending to quit her present job, and they seemed to have a good conversation on MSN later.
Read the rest of “Shanghai’s Social Insurance System” or post a comment >>
December 5th, 2007 by China Business Success Stories
By Vincent Cheung
Last night, I was on MSN chatting with my client, whose trading WFOE (Wholly Foreign Owned Enterprise) incorporation is being proceed by me currently. He hired a 21 year old assistant to assist him in daily affairs. My client sacked her a couple of days early, for her irresponsibility and laziness, and is seeking another assistant, so he asked me if I happened to know anybody. I introduced a girl who’s intending to quit her present job, and they seemed to have a good conversation on MSN later.
The girl was concerned with the mandatory social insurance thing. The problem is, since the trading WFOE is still under incorporation, she wants to know whether she can still get the five social insurances during the first several months before the trading WFOE is legally established. Well, I think it’s an issue between the employer and the employee, and I literally cannot help. So I just reminded my client about the different social insurance treatment against the local Shanghai people (who have Shanghai Hukou) and those non-local staff. Read the rest of “Shanghai’s Social Insurance System” or post a comment
December 4th, 2007 by China Business Success Stories
I recently had the opportunity to visit two factories in the southern China town of Kaiping that produced denim jeans for a major discount retailer in the United States. Considering that the only reports of Chinese textile factories that I had come across had been critical, the visit was a (pleasant) surprise.
Working conditions were orderly and tidy, the air was cool despite scorching heat just beyond the concrete walls, generous lighting flowed from large bay windows, …
Read the rest of “Made (responsibly?) In China” or post a comment >>
December 4th, 2007 by China Business Success Stories
By Katherine Don
I recently had the opportunity to visit two factories in the southern China town of Kaiping that produced denim jeans for a major discount retailer in the United States. Considering that the only reports of Chinese textile factories that I had come across had been critical, the visit was a (pleasant) surprise.
Working conditions were orderly and tidy, the air was cool despite scorching heat just beyond the concrete walls, generous lighting flowed from large bay windows, and healthy employees casually chatted above the hum of the machines barely noticing the presence of the factory owner leading us through. A sense of respect and camaraderie passed between the management and employees, ages 20-40, while the atmosphere was calm yet efficient for a Sunday afternoon without a sense of employee exhaustion or oppression. Read the rest of “Made (responsibly?) In China” or post a comment
November 29th, 2007 by China Business Success Stories
When entering the China market, many multinational companies assume that a country with a population as large as China’s would not have a labor shortage. However, the fact is that qualified labor is at a premium in China. Under the booming economy, the rising demand for Chinese labor has exceeded its supply. Hiring talented employees—young, upwardly mobile Chinese professionals with advanced skills and an understanding of international business—is even more difficult. Because of the limited availability of such employees, the competition for this talent is intense.
Read the rest of “Attraction and Retention of Chinese Employees” or post a comment >>