I will be opening a boutique clothing store in Suzhou. How should I go about recruiting retail personnel in China? What recruiting websites or recruitment firms are available?
This depends on the kind of employee’s that the retail business needs. Rather simple roles, such as sales representatives or warehouse assistants can be found in abundance on Chinese online job boards, such as 51job.com or Zhaopin.com. For senior roles, or roles that carry a greater importance to the management or strategic development of, a retail branch, we recommend using a recruitment service provider. Also, to hire experienced retail professionals who have prior relevant work experience in a similar role. For retail fields such as luxury goods, a certain level of seniority will also be expected by customers as they make comparatively higher-value purchases.
In regards to screening, personal interviews are paramount, as soft skills in particular can only be assessed in such a way. Task a seasoned individual who knows the business to conduct the interviews with an eye for candidates’ cultural fit, e.g., ability to interact with a certain kind of clientele.
For more Tips for Recruiting Retail Personnel in China, please visit www.china-briefing.com
I am interested in investing in or setting up an elderly home in Suzhou. I hear the Jiangsu provincial government provides some preferential policies for investors. What types of preferential policies are there?
On April 21, 2014, the Jiangsu provincial government held a press conference on newly released regulations concerning the construction of nursing homes and the pension system. It was announced that by 2020, a unified stipend standard will be applied to both domestic and foreign- invested nursing homes. In addition, the Jiangsu government already provides the following preferential policies for investors: a) Elderly care services such as entertainment and medical service shall be exempt from business tax (BT), b) Eligible non-profit nursing homes in cities shall be exempt from corporate income tax (CIT), property tax and land use tax; and c) Non- profit nursing homes shall be exempt from administrative fees; other nursing homes shall pay administrative fees at 50 percent of their normal rate. Further, a fiscal reward of RMB 1 million is offered to innovative enterprises engaged in the provision of elderly care services.
For more information about The Coming Investment Boom in China’s Elderly Care Industry, please visit www.china-briefing.com
I have a few Chinese employees in Jiangsu. Can you tell me a little bit about the Social Insurance Contribution changes?
On August 25, the Jiangsu Human Resources and Social Security (HRSS) Bureau released an update to the province’s base figure for social insurance. The base figure, which is used to calculate social insurance contributions, is derived from the average monthly wage of employees for the relevant city/ province in the previous year. According to the Circular, from July 1, 2014 to June 30, 2015, the average monthly wage of employees during the previous year (i.e., the base figure) was RMB 4,832. Therefore, beginning September 1, 2014, the maximum and minimum amounts for calculating social insurance shall be RMB 14,496 and RMB 2,899 respectively.
For more regulatory updates, please visit China Briefing’s “China Regulatory Brief” section
The answers to your questions on foreign investment in China are provided by Richard Cant, Regional Director of the Shanghai and Ningbo offices of Dezan Shira & Associates. Although this information is considered accurate as of the time of writing, it is not to be construed as legal, tax, or financial advice. To ask Richard a question about setting up or running a business in China, please email Ningbo@dezshira.com.