Grad­u­ates opt­ing for SOEs

China Daily (Canada) - - NEWSCAPSULE -

Chi­nese univer­sity grad­u­ates are choos­ing state-owned en­ter­prises over for­eign-in­vested com­pa­nies for jobs, ac­cord­ing to re­ports from two hu­man re­source com­pa­nies..

Chi­naHR.com, which has con­ducted “best em­ployer” sur­veys in China for more than 10 years, said for­eign-in­vested com­pa­nies were ini­tially highly re­garded, ac­count­ing for nearly 70 per­cent of the top 50 best em­ploy­ers in 2004.

This year, about 30 per­cent of the top 50 best em­ploy­ers are for­eign-in­vested com­pa­nies.

Hori­zon Re­search Con­sul­tancy Group said that for­eign­in­vested com­pa­nies ac­counted for 24 per­cent of the top 50 best em­ploy­ers in 2014, down from 38 per­cent last year.

Both com­pa­nies based their anal­y­sis on sur­veys taken in late July and Au­gust.

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