BEIJING, March 20, 2018 /PRNewswire/ -- Zhaopin Limited
("Zhaopin" or the "Company"), a leading career platform in
China focused on connecting users
with relevant job opportunities throughout their career lifecycle,
found in its 2018 spring survey that about 70% of white-collar
workers in China were taking
actions to seek new job opportunities, while confidence in their
career outlooks declined.
Spring is traditionally the peak season for job-hopping in
China, as workers explore their
options following the Chinese New Year holiday. Zhaopin conducted
its spring survey to gauge white-collar workers' confidence in
their careers, and their intentions to change jobs. More than
50,800 white collars participated in this nationwide survey.
Highlights of Zhaopin's survey for spring 2018:
- About 70% of white-collar workers were taking actions to seek
new jobs this spring. The figure declined from 80% a year earlier,
but still remained at a high level.
- Salary was by far the most important reason for white-collar
workers to change jobs, with 55.8% indicating dissatisfaction with
their current salary packages.
- Emerging first-tier cities overtook first-tier cities as the
top destination for white-collar workers seeking new jobs.
- More and more white-collar workers in China were taking a positive attitude on
job-hopping. About 35.9% believed that job-hopping demonstrated the
courage to explore new possibilities.
- The confidence of white-collar workers in their career
development dropped to 3.71, compared with 3.95 for spring 2017.
The confidence index is measured from 1 to 5, with 5 as the
highest.
70% of white-collar workers taking actions to seek new
jobs
March and April are the most active season for white-collar
workers to change jobs. Zhaopin's survey found that about 70% were
taking actions to seek new jobs this spring. The figure declined
from 80% a year earlier, but still remained at a high level.
According to Zhaopin's survey, 12.9% of white-collar workers
were in the process of quitting or onboarding this spring, and
56.7% were looking for new opportunities with updated resumes. The
other 23.6% of white-collar workers indicated intentions to switch
jobs, without having taken any action yet. Only 6.8% had no
intention, or were not decided.
Job-hopping
intention for spring 2018
|
Intention/action
|
Percentage
|
In the process of
quitting or
onboarding
|
12.9%
|
Looking for new
opportunities with
updated resumes
|
56.7%
|
Having intention but
no action yet
|
23.6%
|
Not
decided
|
5.5%
|
No
intention
|
1.3%
|
Salary was by far the most important reason for white-collar
workers to change jobs, with 55.8% of them indicating
dissatisfaction with their current salary packages. Uncertain
prospects at their companies and limited promotion opportunities
were also key concerns that caused white-collar workers to quit
their jobs and seek new opportunities.
Reasons for
job-hopping
|
Reason
|
Percentage
|
Salary
|
55.8%
|
Uncertain prospects
of companies
|
42.9%
|
Promotion
limits
|
38.6%
|
Welfare
packages
|
36.6%
|
Imbalance of work and
life
|
23.7%
|
Not interested in
current work
|
18.6%
|
Superior-subordinate
relationship
|
14.2%
|
Better
opportunities
|
10.8%
|
Relations with
co-workers
|
5.7%
|
White-collar workers born in the 1980s and 1990s were the most
active job-hoppers, as they were seeking faster growth in their
career development. Those born in the 1970s and 1960s were
relatively more stable with their current jobs.
Job-hopping action
by demographics
|
Age
group
|
Percentage taking
action
|
Born in
1990s
|
69.6%
|
Born in
1980s
|
70.3%
|
Born in
1970s
|
64.2%
|
Born in
1960s
|
64.2%
|
In terms of work experience, employees with 5 to 8 years of
experience were the most likely to change jobs, with 72.5% taking
actions. Many of them were facing bottlenecks in their career
development, and would like to seek better opportunities.
Job-hopping action
by experience
|
Experience
|
Percentage taking
action
|
Within 1
year
|
65.7%
|
1 to 3
years
|
69.6%
|
3 to 5
years
|
70.9%
|
5 to 8
years
|
72.5%
|
8 to 10
years
|
70.7%
|
Over 10
years
|
67.5%
|
White-collar workers in smaller companies were not as stable as
those in big companies. Small companies with fewer than 100
employees found that 71.6% of their workers were looking for new
job opportunities.
Job-hopping action
by company size
|
Company
size
|
Percentage taking
action
|
Fewer than 100
employees
|
71.6%
|
101 to 1,000
employees
|
68.9%
|
1,001 to 10,000
employees
|
67.8%
|
Over 10,000
employees
|
67.3%
|
With the booming economy, the job markets in emerging first-tier
cities were very active, and more white-collar workers in these
cities were taking job-hopping actions.
Top 10 cities for
job-hopping
|
Ranking
|
City
|
Percentage taking
action
|
1
|
Chongqing
|
73.6%
|
2
|
Hefei
|
73.4%
|
3
|
Shenyang
|
73.2%
|
4
|
Xi'an
|
73.1%
|
5
|
Chengdu
|
72.9%
|
6
|
Wuhan
|
72.9%
|
7
|
Changsha
|
72.4%
|
8
|
Lanzhou
|
72.2%
|
9
|
Hangzhou
|
71.8%
|
10
|
Wuxi
|
71.8%
|
Emerging first-tier cities also overtook first-tier cities as
the top destination when white-collar workers were looking for new
jobs. About 33.2% of them would target jobs in emerging first-tier
cities, compared with 32.7% preferring first-tier cities.
Job-hopping
destination
|
Cities
|
Percentage
|
First-tier
cities
|
32.7%
|
Emerging first-tier
cities
|
33.2%
|
Second-tier
cities
|
27.4%
|
Third-tier and below
cities
|
6.7%
|
As to job-hopping frequency, 34.8% of white-collar workers would
change jobs every 1 to 3 years, while 19.1% chose to get a new job
every year. Still, there were 24.1% who were very stable and had
never changed their jobs.
Job-hopping
frequency
|
Year
|
Percentage
|
Within 1
year
|
19.1%
|
1 to 3
years
|
34.8%
|
3 to 5
years
|
15.4%
|
Over 5
years
|
6.6%
|
Never changed
jobs
|
24.1%
|
More and more white-collar workers in China were taking a positive attitude on
job-hopping. About 35.9% believed that job-hopping demonstrated the
courage to explore new possibilities.
Attitude on
job-hopping
|
View
|
Percentage
|
Having the courage to
explore more
possibilities
|
35.9%
|
Lack of clear
self-awareness
|
22.5%
|
Impetuous and lack of
maturity
|
17.4%
|
Not steady and
reliable
|
9.9%
|
Helpful for fast
promotion and pay
raise
|
7.4%
|
Motivated to make
progress
|
6.9%
|
Confidence of white-collar workers in their careers
declined
This spring, the confidence of white-collar workers in their
career development dropped to 3.71, compared with 3.95 a year
earlier. The confidence index is measured from 1 to 5, with 5 as
the highest. The confidence still remained at a relatively high
level, with 26.4% and 32.8% of white-collar workers identifying as
"very confident" or "confident" in their career opportunities this
year.
Confidence index
2014 – 2018
|
Year
|
Index
|
Spring
2014
|
3.32
|
Spring
2015
|
3.72
|
Spring
2016
|
3.26
|
Spring
2017
|
3.95
|
Spring
2018
|
3.71
|
Employees in joint ventures had the highest confidence, with an
index of 3.75 in the survey, followed by 3.72 and 3.71 for wholly
foreign-owned enterprises (including HK, Macao and Taiwan) and private companies.
Confidence index
by types of companies
|
Type of
company
|
Index
|
Joint
ventures
|
3.75
|
Wholly foreign-owned
enterprises
(including HK, Macao and Taiwan)
|
3.72
|
Private
companies
|
3.71
|
State-owned
enterprises
|
3.67
|
Public
institutions
|
3.57
|
In terms of demographics, the more work experience, the more
confident white-collar workers became in their careers. Employees
born in the 1960s had the highest confidence, with an index of
3.95, while those born in 1990s were the least confident in their
careers, with an index of 3.65.
Confidence index
by demographics
|
Age
Group
|
Index
|
Born in
1960s
|
3.95
|
Born in
1970s
|
3.92
|
Born in
1980s
|
3.80
|
Born in
1990s
|
3.65
|
White-collar workers in the IT/telecom/electronics/internet
sector enjoyed the highest confidence, with an index of 3.79,
followed by 3.78 for real estate/construction sector.
Confidence index
by sectors
|
Sector
|
Index
|
IT/telecom/electronics/internet
|
3.79
|
Real
estate/construction
|
3.78
|
Trade/wholesale/retail/leasing/fast-moving
consumer
goods/durable consumer goods
|
3.71
|
Culture/media/entertainment/sports
|
3.70
|
Automobile/processing/manufacturing
|
3.67
|
Finance
|
3.66
|
Energy/minerals/environment protection
|
3.66
|
Agriculture/forestry/animal
husbandry/fishery
|
3.66
|
Services
(healthcare/nursing/beauty/hotel)
|
3.64
|
Education/arts and
crafts
|
3.64
|
Traffic/transportation/logistics/warehousing
|
3.62
|
Professional
services
(consulting/accounting/legal/advertising/PR/certification/
outsourcing)
|
3.60
|
Government/non-profit
organizations
|
3.53
|
For more information, please contact:
Zhaopin Limited
Ms. Serena Sun
roujia.sun@zhaopin.com.cn
ICR Beijing
Mr. Edmond Lococo
Phone: +86 10 6583-7510
Edmond.Lococo@icrinc.com
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SOURCE Zhaopin Limited