Sat, Dec 18, 2004 - Page 10 News List

Employers to increase hiring next year

HEADHUNTING A survey by an online job bank showed that two-thirds of Taiwanese employers plan to hire more people, while jobs in China are not so lucrative anymore


The nation's job market is expected to maintain its current positive momentum, with employers set to hire more people next year, according to an upbeat economic outlook based on a survey released by a manpower agent yesterday.

The survey was conducted by the online 104 Job Bank (104, 人力銀行) from Dec. 8 to Dec. 12. It received 954 valid responses with a margin of error of 3.2 percent.

The survey showed that 85 percent of employers polled are optimistic about the economy next year. More than 66 percent plan to expand their personnel, while only 5.2 percent said they may downsize staff.

"Next year will be an even better year for job seekers," Rocky Yang (楊基寬), chairman of 104 Job Bank, said yesterday.

The monthly unemployment rate of 4.31 percent in October was the lowest since May 2001, the Directorate General of Budget, Accounting and Statistics said last month, and Yang said the figure should continue to drop next year.

Job opportunities will be concentrated in the wholesale and retail sector, finance, electronics manufacturing, the semiconductor industry and optoelectronics, Yang said, as these sectors are currently the top five recruiters.

While the local job market heats up, so-called "go-west fever" is also reaching a peak. According to the job bank's database, employers are keen to recruit local talent to work in China. The firm currently has a record high of 7,894 positions based in China on its site. The number of job hunters applying for work in China also rose to a record high of 15,168 this month.

The most wanted positions offered by Taiwanese companies based in China are mid-level managers and professionals in the sectors for marketing and sales, production and quality control, software and hardware engineering, and finance and accounting, the job bank said.

Another survey conducted by the job bank among its members and job seekers showed that employers considered Taiwanese workers to be superior to their Chinese counterparts in the areas of professionalism and work attitude, although their management skills, work ethics and experience, communication capabilities and internationalization level are perceived to be going downhill.

This is also reflected in the salaries offered by employers. About 40 percent of respondents said they paid their Taiwanese staff in China the same as they would earn in Taiwan, although 60 percent of job seekers hope their wages will be around 50 percent more, the survey showed.

"Taiwanese people intending to extend their career in China should be alert to this tendency and find ways of improving themselves," Yang said.

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