Many corporates believe that to survive in nowadays highly competitive business world, talent is the critical success factor.  However, great challenges accompany social progresses and changes in both HK & PRC, and managing talent in a cross-border setting has never been easy for HR professionals.  In this seminar, we will look into different issues surrounding talent management – generation Y, cultural difference, recruitment & selection, development, performance management and retention, etc, and how they can be seamlessly integrated in the management process with the support of information technologies.

Seminar Outline:

• Talent Management Framework
• The Four Perspectives of Talent Management
• How Economic Trend across HK & PRC Influence Talent Demand & Supply
• How Lay-off affects Talent Morale
• Options for Fulfilling Vacancy:  External Recrutiment vs. Internal Development (Succcession Planning)
• Develop Your Talent Development Plan
• Different Objective Assessment Tools
• Talent Performance Management System and Competency Model
• Motivation Strategies for Talents of Different Generations & Regions
• Technologies supporting cross-border Talent Management: E-Profile, E-Leave, E-Attendance, E-Appraisal, etc.
• HR Manager's Reporting Tool Kit for Performance Analysis and Ad Hoc Query
• Croos-border taxation handling by centralized HRIS


Seminar Details Details:
Date: March 19, 2010 (Friday)
Time: 3:00pm - 5:00pm
Medium: Cantonese with English Handout
Fee: Free of Charge
Venue: e-TECH Centre: 4/F, Opulent Building, 402-406 Hennessy Road, Causeway Bay, Hong Kong

Who Should Attend:
Senior Executives, HR Managers and Executives.

Speakers: Mr. Wilson Chu, Principal Consultant, HMI Consulting Limited
                    Mr. Carus Lu, Associates Sales Director, FlexSystem Limited

To register for this seminar, please click HERE.

 

To learn more on how HMI can help your company to enhance performance, please email to info@hmi.hk

 

Economic Overview

Retail sales in December rose 16 per cent in value from a year earlier to a record HK$29.4 billion, statistics from the Census and Statistics Department show. For the full year, sales rose just 0.6 per cent in value from 2008 but dipped 0.8 per cent in volume. Although December’s performance benefited from a comparison with depressed sales at the trough of the global downturn a year earlier, the results surprised economists, who had expected sales to grow 11.7 per cent in value and 9.8 per cent in volume. A government spokesman attributed the strong results to a rebound in consumer sentiment and an influx of visitors. [Source: SCMP (A3)/ The Standard (P10)/ HKEJ (P2), 2 Feb 10].

Driven by the sales growth, over 90% of companies in retail sector will offer pay increase and bonus to staff and the average pay increase is around 2.9 per cent, according to figures announced by the Hong Kong Retail Management Association. The association surveyed 71 companies covering 65,000 employees. 93% of surveyed companies said they will offer bonus and double-pay as well as bonus to staff, compared with 43% in the same period last year. 69% companies said the pay increment will depend on employees' performance while 24% will offer a uniform pay rise to all its employees.. [Source: Mingpao (A4), 2 Feb 10].
 

On the other hand, the mainland manufacturing sector’s strong recovery has shown signs of a slowdown. The official purchasing managers’ index compiled by the China Federation of Logistics and Purchasing and based on a survey of more than 700 companies on the mainland fell to 55.8 last month from 56.6 in December. This was the first decline since May last year, although it was stood above 50 for the 11th consecutive month. Any reading above 50 indicates expansion. Analysts said the latest figure points towards a slowdown in the economy after it staged a spectacular rebound last year, led by government investment.  [Source: SCMP (B3)/ HKEJ (P7), 2 Feb 10].

Meanwhile, Hong Kong factory owners on the mainland say they are desperate for migrant workers as millions so far have yet to return following the Lunar New Year break. Labour shortages in the Pearl River Delta were already serious, but now about half of the six million migrant workers who headed home before the New Year failed to show up on Monday, the end of the week-long holiday, according to factory owners. The supply crunch has forced them to offer higher salaries, better working and living conditions and more promising career prospects. Bernie Ting Wai-cheung, a toy producer and chairman of the Hong Kong Toys Council, said they gave lai see packets with 50 yuan each to migrant workers who were the last ones to leave the factories for holidays and to those who were the first to return.  According to the survey released by the Ministry of Human Resources and Social Security, the labour demand after the Spring Festival increased by 15 per cent compared with the same period last year, with an average number of job vacancies expected to reach 143 for each company. [Source: SCMP (B1)/ China Daily (P3), 26 Feb 10].

Disclaimer: Should there be any different views in the interpretation, please always refer to the original media source as reference. HMI Consulting accepts no liability in respect of the accuracy and truthfulness of the materials included in this newsletter.