Chinese Workers Seek Stability in 2022, With Fewer Looking to Change Job, Recruiter Liepin Says
Lin Xiaozhao
DATE:  Feb 15 2022
/ SOURCE:  Yicai
Chinese Workers Seek Stability in 2022, With Fewer Looking to Change Job, Recruiter Liepin Says Chinese Workers Seek Stability in 2022, With Fewer Looking to Change Job, Recruiter Liepin Says

(Yicai Global) Feb. 15 -- The percentage of Chinese workers saying they are looking to change employer this year has fallen compared with last year, indicating a greater desire for job stability, according to recruitment platform Liepin.Com.

Nearly 25 percent of the workers surveyed expressed interest in having a new job after the lunar new year holiday, down from 34.5 percent at the same point in 2021, a report from Liepin’s big data research institute showed yesterday.

Younger people are more inclined to switch jobs than older folks -- 37.1 percent and 37.5 percent of those born after 1995 and after 2000, compared with 7.7 percent of those born in the 1970s -- according to the report.

More money was the biggest factor in wanting a new job, with 61.8 percent saying a higher salary was the inducement. Some 49.6 percent pointed to better development opportunities.

Fifteen percent seek a salary increase of 10 percent to 20 percent, the report said. Some 56.5 percent want a boost of 20 percent to 30 percent, while 16 percent seek between 30 percent and 50 percent. Just 5.3 percent will only accept a job offer if the salary is 50 percent more than their current one.

Some 6.4 percent are willing to change position even if the remuneration stays the same, while just 0.8 percent will accept a lower offer.

In the list of the top employment destinations, state-owned enterprises ranked first at 29 percent, followed by private firms at 19.1 percent. A little over 9 percent expressed an interest in starting their own business.

More than 54 percent of the people wanting to switch employer still believe internet giants are “rather attractive,” 37.4 percent that they are “quite attractive,” while 8.4 percent said they are “totally unattractive.”

Editor: Futura Costaglione

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Keywords:   Jobs,Job-hopping,Liepin.com