The deteriorating impact of America’s economic crisis has hit the recruitment of China’s U.S. funded companies. Many headquarters have frozen headcount of Chinese branches in order to save cost. However, some of our clients are concerned that maintaining a strong employee brand will become harder in this scenario.
Companies that conduct headcount freezes should be aware of negative influence of the internal culture as well as external reputations. Personnel changes during economic downturns are more than likely to decrease workplace morale and efficiency internally, which will result in increased turnover. Also, attracting qualified talents will be difficult as employees would worry the risk of taking the position.
Smart strategies to dealing with the hard scenario are the key. We suggest that it is essential to develop systematic training programs in order to maintain job stability and identify the employees who can drive business value better when the economic situation improves.
Once a brand is damaged, companies will have to invest more time and money to reestablish it. If companies do not want to risk losing high performers and recruiting staff, long-term strategies is advised to minimize any possible negative impact of head count freezes on employer brands.
We would be interested to hear from you regarding any of your recruitment needs, and with over 14 years experience in Mainland China, we are confident in helping you source top talent! Please kindly take a look at our talents’ profiles following.
Contact us:
Antal International
Vera Xu
Digital Marketing Specialist
Tel: +86 10 6410 8866 Ext 287
Email: VXu@antal.com.cn
Suite 10E Block A, Gateway,
No.18 Xiaguangli,
Chaoyang District, Beijing 100027