sa_大陆各大城之外台商薪资趋势.ppt

Compensation Practices and Trends in China, including those of Taiwanese companies there Taiwan Chinese HR Association Conference March 21, 2001 Elaine Ng Head, Human Resources Consulting (Greater China) William M. Mercer - Hong Kong William M. Mercer Companies LLC 1 Objectives of the Session Provide a snapshot of Chinas economic conditions and influences Understand current compensation practices and trends Review reward strategies currently being used in China Chinas economic conditions and influences William M. Mercer Companies LLC 3 GDP Growth China has the highest GDP growth in Greater China -5% -3% -1% 1% 3% 5% 7% 9% 11% China 8.8% 7.8% 7.1% 8.0% 7.10% Hong Kong 5.5% -5.1% 2.9% 10.0% 4.5% Taiw an 6.7% 5.0% 5.5% 6.27% 5.69% 1997 1998 1999 2000(E ) 2001(F) Source: William M. Mercer Asia Monitor Bulletin, Feb 2001 William M. Mercer Companies LLC 4 Chinas WTO Membership - Impact on HR Quotas Tariff Cuts No Export Subsidy Opening of Telecom, Internet, Banking, Securities and Insurance sectors Removal of Restrictions on distribution World Class Competitiveness World Class Efficiency Increased Foreign Direct Investment Increased Competition Fight for Talent Fight for Talent Fight for Talent Fight for Talent William M. Mercer Companies LLC 5 Foreign Direct Investment on the Rise Lehman Brothers forecasts that foreign direct investment is expected to increase from US$40 Billion in 2000 to US$75 Billion in 2002 Increased business opportunities attract huge foreign investment from chemical and hi-tech companies – Examples of some investment: Companies Investment amount Shell Chemicals US$4.05 Billion in JV CNOOC IBM US$300 Million in chip packaging plant in Shanghai Compaq Double US$30-40 Million in PC business Intel US$200 Million in expansion of chip assembly tesing plant in Shanghai William M. Mercer Companies LLC 6 Human Resources Transformation Human Resources Lay-off termination Pay reward Learning development Attraction recruitment