China Nearly Half of Employees are Planning to Change Jobs Within the Year
Nearly half of employees in Mainland China plan to change employers within the year and 43% are currently open to an offer, according to research from Hays China.
The research also showed that 19% of workers in China plan to change employers within six months with 28% already on the hunt for a new job.
Sixty-five percent of candidates said that salary or benefit packages was the top reason for looking for a new role, followed by lack of career progression (60%) and a desire to seek new challenges (43%).
Regarding salary expectations, 57% said they were unhappy with their compensation & benefits package while 43% were happy. The majority, or 74%, did not ask for a pay rise in the last year, while 9% asked for a pay rise but were not successful, and 17% asked and received a pay rise. In 2018, 85% expect a pay rise of more than 6%.