Hiring for staff likely to slow

Source: Xinhua | 2017-02-16

COMPANIES in China are likely to hire fewer staff for finance, accounting and HR this year, recruitment agency Morgan McKinley said in a report yesterday.

Though companies are being particularly frugal, they are investing in supply chain function and compliance roles to meet regulatory obligations, the report said.

Recruiting for the financial services sector may also be hit as banks restructure and cut costs.

On the other hand, the Internet sector will continue creating new jobs due to the fast development of Internet finance, digital marketing, and e-commerce.

IT specialists may see their salaries go up by 15 percent, according to the report.