In 2018, which talents will be the most sought-after in China? Which industries will become "star industries"? The following are the top ten talent development trends in China in 2018 summarized by Hays, a well-known multinational recruitment company.
STEM talent shortage
STEM is the acronym for Science, Technology, Engineering and Mathematics. STEM is crucial to the prosperity of a country's science and technology, and the shortage of high-end STEM talents has become a global problem, and China is no exception.
Internet, e-commerce and digital technology talents continue to be in demand
China, which continues to accelerate its digital transformation, is striving to become the world's leader in digital technology and e-commerce, creating a large number of job opportunities for talents in related fields.
'Soft skills' remain a scarce skill
"Soft skills" refer to excellent leadership, human resource management capabilities and communication skills. Having "soft skills" talents in addition to "hard skills" will be a scarce commodity and a "hot commodity" in the talent market.
Strong growth in healthcare industry
In China's medical equipment and pharmaceuticals and other related industries, public, private and private equity venture capital have provided investors with generous economic returns. It is expected that this industry will grow rapidly with stronger momentum in the new year.
"***Privileged Service Center" will appear
In 2018, there may be a "universal service center" where enterprises can enjoy professional functions including information technology, human resources, management and even recruitment to improve efficiency and reduce costs.
Chinese companies will become more dazzling in the world
Entering 2018, Chinese enterprises are more committed to innovation. At the same time, the huge profits they have gained in the Chinese market have laid a solid foundation for their global development.
The overall wage pressure on enterprises will continue to increase
It is foreseeable that in 2018, the salaries of top talents in key fields will continue to increase, and the talent war between enterprises will intensify. This will also prompt enterprises to propose more innovative strategies to attract and retain talents.
Artificial intelligence will become a more important "human resources manager"
Artificial intelligence is gradually entering the field of human resources functions with its powerful predictive analysis and machine learning capabilities, changing the existing talent management methods. At present, the application of artificial intelligence in this area is not deep enough, but the role it will play in the future is unlimited.
Millennials are gradually taking leadership positions
In the next 10 years, the "millennial generation" (referring to the generation of young people born from 1984 to 2000) will gradually enter middle management positions and become candidates for key leadership positions in the future.
Increased demand for “compliance” talent
China's rapidly changing regulatory environment will increase the demand for senior "compliance" talents in audit, risk and legal affairs.
"From artificial intelligence, network security to business finance and other fields, many Chinese companies have surpassed multinational companies and become the 'leaders' in the Chinese market. We expect that these companies will work hard to upgrade themselves into world brands, and to this end they will 'Competing' for talent and developing better talent retention strategies," said Simon Lance, director of Hays China.
TIPS
In 2018, there may be a "shared service center" where companies can enjoy professional functions including information technology, human resources, management and even recruitment.