Is the domestic labor shortage expected to ease in the new year? According to a survey by yes123 job search website, more than 90% of companies have recruitment plans in the first quarter of this year, setting a new high for the same period in 11 years, indicating that most companies are still short of workers. In order to compete for talents, companies offer an average salary of 38,387 yuan, which is also a record high for the same period in the past 11 years.
The country is still in a labor shortage situation, and companies are offering an average salary of 38,387 yuan to compete for talents. Diagram/Getty Images (Carlina Teteris via Getty Images)
Recruitment willingness reaches 11-year high, recruiting talents: catering and tourism, wholesale and retail, technology
A survey by the yes123 job search website pointed out that 91.3% of companies have recruitment plans in the first quarter of 2024, which is higher than the 90.2% surveyed in the previous quarter and also higher than the 90.4% in the first quarter of the Year of the Rabbit, setting a new high for the same period in 2011. On average, each company’s demand for talents is 15.8 people, which is larger than the 12.8 people in the previous quarter and more than 14 people in the same period last year.
If cross-analyzed by industry, the industries with higher willingness to recruit talents in Q1 of 2024 are mainly catering, accommodation and leisure travel 96.1%, wholesale retail and trade 95.7%, technology information 93.5%, and finance, insurance and accounting statistics 92.9% , traditional manufacturing industry 91.9%.
As for the reasons for applying for new employees in the first quarter, they include being short of work, simply filling vacancies due to employee resignations, expansion due to increased orders or business, company expansion and store expansion. The total proportion of companies that want to expand is 37.3% , higher than the 35.9% in the previous quarter and 29.4% in the same period in the Year of the Rabbit.
The average salary of companies is 38K, which is a new high for the same period in 11 years.
The survey shows that when re-election is available, 61.3% of the main job types released by companies planning to recruit talents in the first quarter are “grassroots employees”; 50.9% are “front-line stores or sales and business personnel” %; 34.5% belong to “production line operators”; 33.1% belong to “reserve cadres”; and 26.9% belong to “work-study students or temporary workers, hourly workers”.
Further ask the company, how much salary is offered for these main job vacancies? The results pointed out that the average monthly salary offered by companies fell to 38,387 yuan. Although it was lower than the 42,299 yuan surveyed in the previous quarter, it was higher than the 37,282 yuan in the first quarter of the Year of the Rabbit. It was still a new high for the same period in 11 years.
Yang Zongbin, spokesperson of yes123 job search network, analyzed that in terms of talent recruitment in major industries, the first quarter of the Year of the Dragon is characterized by “continuing domestic enthusiasm and recovering external demand”. In addition to the effect of urgent export orders, domestic demand-oriented enterprises will welcome the post-epidemic era after the lockdown is lifted. The wait-and-see atmosphere is gradually fading. With business opportunities during the New Year and winter holidays, the consumer market for people’s livelihood is becoming more and more popular, and the labor market is still in a state of “people are looking for people”.
Regarding the fluctuations in recruitment salaries between the first quarter of this year and the previous quarter, Yang Zongbin interpreted that it is purely a seasonal factor and has nothing to do with long-term economic changes. Although the company has recruited experienced “workplace veterans” for two consecutive quarters, after all, job hunting before the New Year Those who choose to do so may have to sacrifice year-end bonuses, and compensation factors will also make the average starting salary inevitably higher than the level of job transfers after the Chinese New Year.
2024-01-11 03:38:19
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