Despite recent concern around China’s growth, the country’s economy remains resilient. In the recent 2016 Michael Page Greater China Employee Intentions Report, 44% of professionals across China described the current job market as average, and 36% called it good or very good—showing that across the country, there is a cautious optimism towards job opportunities.
Though many applicants are in between jobs in 2016 due to economic softening, some specific sectors are booming—particularly due to investment in the telecommunications, media and technologies (TMT) industry, which is creating a flow-on effect in functions like sales and support.
The survey also showed 33% of employees1 expected a salary increase of above 21% when changing jobs, and were in the job market looking for career progression. In particular, Beijing’s senior professionals are showing a desire to move to domestic corporations, where they can expect a 20-30% increase in salary2. With 75% of employees planning a career move in the next 12 months 3, Beijing professionals are confident of the demand for their skills.
The Beijing job market
For Beijing professionals, optimism is buoyed by the current available opportunities in the city: 57% of mainland Chinese firms are expecting to increase headcount this year 4. With a large number of state-owned businesses headquartered in Beijing, Beijing professionals have strong prospects for 2016.
While Beijing’s economy is dominated by third sector industry, with many finance industry businesses based in the city, there is currently a growing demand for digital skills as investment in telecommunications, media and technology continues.
Experienced, versatile employees in Beijing will be in a strong position to find jobs, with employers seeking the best candidates to step in and help grow the business. As the economy continues to expand, many companies are growing quickly and require skilled professionals to help them reach their targets and goals for expansion.
Beijing job search advice
If you’re job seeking in Beijing, no matter what your industry or role type, here is our top Beijing recruitment information and advice for professionals:
- Review your resume, making sure it details your work history and lists your key skills and experience, has no errors and is clearly laid out.
- Research the Beijing job market and know the general market salary so that you are confident you’re getting paid what you’re worth.
- Seek the advice of a recruiter to help guide you through the job market and keep you up-to-date on the latest listings.
- Before attending the interview, thoroughly research the company on their website and LinkedIn to ensure that you know their business and the roles of the people who are interviewing you.
- Prepare a list of questions to ask during the interview that shows you’ve researched the business, its challenges and overall industry thoroughly. Show interest in the role by asking questions about responsibilities and tasks.
- Before accepting a job offer, consider what matters to you in a role (for instance, opportunities for in the future, good pay, cultural fit, opportunities for networking or work/life balance).
1. Based on the Michael Page 2016 Greater China Employee Intentions Report
2. Based on the Michael Page 2016 Greater China Employee Intentions Report
3. Based on the Michael Page 2016 Greater China Employee Intentions Report
4. Based on the Michael Page 2016 Greater China Salary & Employment Outlook Report