Thursday, February 19, 2004

economy - Job-hopping is in the air

Traditional job-hopping after Chinese New Year has hit almost half of all the companies in Beijing, Shanghai and Guangzhou, reveals a survey, according to the Shanghai Daily. Before the festival most employees get a bonus, reason to back their bags afterwards when they are unhappy.
Almost half of 478 human resource managers had to deal with resignations as their people were expected to resume work. Especially resignations at management-level have created problems, the survey said. Employers fear they might lose valuable company secrets and sometimes even whole teams at the labor market becomes more competitive.

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