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Management. Question: Private schools are prohibited in China to emphasize equality in education. True or False?. Management. Answer: False Government works with public and private education systems in attempts to increase access and options for schooling.
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Management • Question: • Private schools are prohibited in China to emphasize equality in education. • True or False?
Management • Answer:False • Government works with public and private education systems in attempts to increase access and options for schooling. • 2003:Law on Promotion of Private Education • 2005: 79,000 private and 110,000+ public
Management • Cultural Revolution (1966 – 1975) • Attempted to erase aspects government believed to contribute to inequality, including traditional merits of academia • Created a generation that • was poorly educated • academically
Management • Post-Cultural Revolution (late 1970’s and beyond) • Goals geared towards opening-up and development • Fading norm of lifelong employment and the Iron Rice Bowl • Idea of HRM had little formal importance • Funding channelled to science and technology • Staffing largely relied on guanxi • Evaluating the competence of a candidate based on the knowledge of him/her through relationship
Management • Period of economic growth in the 90’s hid staffing problems • High turnovers; difficult retention • Employees compared jobs almost solely on pay compensation • Less value on job development opportunities • MBA’s and other professional qualifications viewed simply as status symbols Amounted to added costs but not necessarily benefits for an organization
Management • Increasing government focus on improving workforce quality • Policy focus: education access, technical training, vocational qualification system • 1999, called for social sectors to put emphasis on recognizing these qualifications • Setting ambitious goals of increasing population with higher level education • College graduates: • 1999 – 1million 2010 – 6.3million Graduates from Jinan University at a job fair in Guangzhou
Management • Worker Categories • Survivors – experienced and skilled, knowing their market value • Worried Young – averagely educated, abundant in supply • Discouraged Old – less educated, looking towards retirement • High volumes of graduates with mismatched skills and high expectations • Not enough professional positions • Employees demanding more advancement opportunities • No longer satisfied with waiting to move up based on accumulating years of loyalty
Management • Question: • Foreign recruits are highly sought after and compensated much more generously than local hires in China. • True or False?
Management • Answer:True • However, this gap is quickly diminishing due to: • Growing supply of highly educated young locals • Rising local standard of living
Management Local vs. Foreign • English is an asset • Foreign or foreign trained recruits viewed as more qualified and were paid more • Compensation gap is narrowing in recent years • Still hiring from the West, but compensation packages are much more comparable to locals • Today the key is a background that understands Chinese and Western influences – fitting beneficial business techniques of the West into Chinese context