Mil­len­ni­als lead way in rapid job ad­vance­ment

China Daily (USA) - - CHINA - By CHAIHUA in Shen­zhen grace@chi­nadai­

The mil­len­nial gen­er­a­tion — peo­ple born from 1980 to 1995 — is show­ing some dis­tinc­tive fea­tures as it takes over work­places.

For one thing, mil­len­ni­als are mov­ing faster along their ca­reer lad­der, ac­cord­ing to a re­port re­leased by so­cial net­work LinkedIn on Tues­day in Shen­zhen, Guang­dong prov­ince.

The re­port, based on a sur­veys of 5,000 mil­len­ni­als around the globe, said the work­ers need 8.6 years, on av­er­age, to climb from com­pany new­comer to di­rec­tor or sim­i­lar level, but it took peo­ple born in the 1970s about twice that amount of time— 17.4 years.

Wang Di, vice-pres­i­dent of LinkedIn China, said young peo­ple in China have more op­por­tu­ni­ties to be pro­moted be­cause of the rapid de­vel­op­ment of the econ­omy and new in­dus­tries over the past decade.

“They are more ac­tive in ca­reer se­lec­tion, and the rate of chang­ing jobs is higher, Wang said, adding that 21 per­cent of mil­len­ni­als leave a com­pany be­cause they want to try an­other in­dus­try. And that usu­ally means a cut­tingedge new in­dus­try, such as big data, vir­tual re­al­ity and ar­ti­fi­cial in­tel­li­gence.

Be­cause of its gen­er­ally strong spirit of in­no­va­tion, Shen­zhen, a south­ern city known­for en­cour­age­ment of en­trepreneur­ship, is es­pe­cially at­trac­tive for the mil­len­nial gen­er­a­tion, Wang said.

Shen­zhen’s at­trac­tion in­dex — the ra­tio of em­ploy­ees flow­ing in and out of the city in the same year — was 1.56 in 2016, sec­ond in the na­tion­be­hindShang­hai’s 1.74.

The city also ranks third in grow­ing its mil­len­nial pop­u­la­tion,

are needed on av­er­age for mil­len­ni­als to climb from com­pany new­comer to di­rec­tor level.

after Bei­jing.

Shen­zhen also pro­vides the most promis­ing ca­reer de­vel­op­ment out­look, Wang said.

The LinkedIn re­port said that mil­len­ni­als with man­ager or di­rec­tor ti­tles ac­count for 36 per­cent of the city’s mil­len­nial pop­u­la­tion — the high­est of all first-tier cities in China.

Shen­zhen-based Ten­cent and Huawei are also among the five most pop­u­lar com­pa­nies for mil­len­ni­als, the re­port said.

PanHao, founder of Chai­huo Maker Space, the first maker space in Shen­zhen, and Seeed Stu­dio, China’s largest open-source man­u­fac­turer, be­lieves Shen­zhen is a prime place for young in­no­va­tors to start their ca­reers.

Pan, who is from Sichuan prov­ince, started his ca­reer in Bei­jing. But after a trip to Shen­zhen, he soon de­cided to move there.

“I was at­tracted by the hard­ware re­sources,” he said.

TheHuaqiang North Elec­tron­icMar­ket in Shen­zhen is well-known for its wide va­ri­ety of elec­tronic com­po­nents and de­vices. After visit­ing a few­shops in the mar­ket, Pan asked his col­leagues to de­liver his lug­gage to the city— he didn’t even bother to go back Bei­jing.

Pan was awarded the honor of be­ing one of five top rep­re­sen­ta­tives of the mil­len­nial gen­er­a­tion by LinkedIn China, based on page views, name recog­ni­tion, the site’s rec­om­men­da­tion in­dex, pop­u­lar­ity and ac­tive­ness. Shanghai and

Newspapers in English

Newspapers from China

© PressReader. All rights reserved.