Maintaining Chinese Management Talent in Western Subsidiaries

Abstract

Western companies uniformly point out that the competition for qualified local executives in China is becoming increasingly tough. Employees recruited at great expense and trained with a lot of commitment are ruthlessly wooed away by competitors, so that the talk about a “war for talent” is totally appropriate. The result is an urgent need for those responsible for personnel to explore the reasons for these high fluctuation rates and to optimize concepts and instruments for ensuring adequate employee loyalty. The author provides an overview of fluctuation and retention concepts in foreign-invested companies and summarizes the statements of 63 German, Swiss, and Austrian experts as well as 55 Chinese personnel and general managers.