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China – Number of professionals seeking new jobs decreases in 2018: Hays

15 March 2019

Approximately a third, or 29%, of professionals in Mainland China were actively seeking a new position in 2018, a 7% decrease from 2017, according to research from Hays.

Hays added that professionals in Mainland China have expressed less openness to new opportunities in the coming year, with most of them expecting to take more than three years before moving on to a new employer.

While work-life balance remains one of the top reasons for professionals to stay with their current employer, 52% of them have rated their work-life balance as above average, an improvement from the 47% who said the same in the year before.

Meanwhile, 59% of employees claim to be either ‘satisfied’ or ‘very satisfied’ with their current compensation package, an improvement from the 43% who felt the same way in 2018. As a result, a majority (68%) of employees did not request a pay raise.

“It is heartening to see that more employers are taking steps to improve work conditions for their workforce not only because it ameliorates the severe labour shortage, doing so is also beneficial in boosting morale and productivity,” Simon Lance, Managing Director of Hays Greater China, said.

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