1. Help Wanted!

2. The Vanishing Chinese! 3. The Myth! 4. The Reality! 5. An Overheated Labor Market!Job Offers Received by Professionalsin Last 12 Months! Total! 69%! 1 offer! 30%!2 offers!25%!3 or more!14%! Source: MRI Survey 2012! 6. What Happened?!China faces a severe shortage?of labor through 2050 unprecedented in a majoreconomy the full implicationsof which still remain unclear!- World Economic Forum, 2012! 7. The One Child Policy! 8. Unintended Consequences! 9. The Little Emperors! 10. The Graying of China! 11. The Graying of China!Composition of Working Age Population! Labor Force! Participation (%)!20102030! Source: China National Bureau of Statistics, UN Population Division! 12. The Gender Imbalance! 13. The Gender Imbalance! 14. Family Ties!Proposed Laws:! Force visits to mom and dad! Punish Grown Children Who Demand Money from Their Parents! Allow parents to sue children for care! 15. The Education Shortfall!Annual growth in demand for talent 5%!through 2020!Required annual spending on education4%!(% of GDP)!Actual annual spending!2.7%!Annual spending gap!$65 billion! 16. Heading for the Exits ! 17. Heading for the Exits ! 18. Exodus!ChineseStudents GoingAbroad! 19. The Changing Workforce (2010-2035) (Persons aged 15-64)! India!37%!Brazil!14%! United States! 10%! France!0%!China!-8%! Russia!-17%!Japan! -19%! Germany! -20%!Source: UN Population Division 2012! 20. Stemming the Tide! 21. Brain Gain!Thousand Talents Program! Professors in famous foreign universities ! Technical and management personnelholding senior positions in internationalcorporations! Entrepreneurs with full intellectualproperty rights to certain technologies! Each participant gets! 1 - 5 Million Yuan ($150K - $750K)! Pension! Healthcare! 22. Bring Them Home ! 23. But Home Grown Preferred! 24. Reversing Brain Drain! Policy change (2001): from huiguo fuwu (return to the country) to weiguo fuwu (serve the country)!60%!50%!40%!30%!20%!Return rate of10%!Chinese Undergrad students! 0%! 2000! 2002!2004!2006!2008! 2010! 25. Attracting Immigrants!% of Immigrants in the world!25%!22.0%!20%!15%!10%! 5.6%! 5%! 3.5%! 3.5%! 3.2%! 3.1%!0%!2.2%! 2.0%! 26. Attracting Immigrants! Immigrants as a % of population!30! 26.0 !25!20! 19.0 ! 20.0 !15!12.8 !9.0 ! 10.1 !10!5!0! 0.5 !0.3 ! 27. Help Wanted!Looking for some Americans to act as assistants inmeetings with potential investors, and essentially actas the "white face" to give some more credibility to theproject.Only men, no females. The other requirement is thatyou must have some sort of background that Chinesepeople typically value. Jewish people are thesmartest, so prefers this person to be Jewish. Besidesthose 2 qualifications maybe someone who is reallytall and handsome.Classified Ad in Shanghai Newspaper 28. China Today and Tomorrow! Labor!Salaries! 29. Finding Talent in China! 30. What Attracts People to a Job!Emerging Economies Brazil India China Mature Economies Germany UK USCareer Advancement 1 1 1Competitive Salary 11Competitive Salary 2Convenient Work Location22Challenging Work 3Sufficient Vacation32Learning and Development 2 3Challenging Work1OpportunitiesCompetitive Benefits 3 2Flexible Hours3Competitive Healthcare3 Towers-Watson Survey 2011 31. Hire for Potential! 32. Hire Expats Local Plus! 33. Focus on Women! 34. Wave the Flag! 35. Off the Beaten Path!Consider second and third tier cities! Chengdu! Dalian! Nanjing! Qingdao! Shenzhen! Suzhou! Tianjin! 36. Off the Beaten Path!Hire Overseas Chinese!Taiwan!Malaysia!Indonesia!Singapore! 37. Talent Gateways! Partnering with Schools! Internships! 38. 2,236 Colleges and Universities!College Grads (Annually) ! ! !6 million!Engineers!!!650,000!PhDs ! !30,000 ! ! ! ! !! 39. Buyer Beware! 40. Mobile ! 73.6% of population has a phone! 15% - 20% response rate for job ads! 41. Social Media!FaceBook Clones:!Renren!Kaixin001!Qzone!51.com! 42. The Party! 43. Membership Has Its Privileges! 44. When all else fails !