Managers at global groups mull change
In terms of attracting the right talent, multinational companies no longer enjoy the advantage of being corporate giants while smaller domestic companies, especially the privately-owned ones, have shown more competitiveness, according to Wang Zhe, head of China recruitment business at the world's largest human resources company Adecco.
For multinational companies, which have developed a complete management system and, in many cases, have more than a century of operational experience in their home countries, it was easy to attract local Chinese talent.
But when the managers in these multinational companies see their personal value enhanced within the organization, they are no longer satisfied with the traditional ways adopted by their employers and may look for alternative employment.