LinkedIn Data Shows That Job-Hopping is Accelerating in China – Employee Average Length of Service Less than 2 years
Based on data report delivered by Linked-in recently in 2018, cross-industry and cross-region job-hopping is accelerating in China by years. The most popular industries are internet, real estate and automobile. The most popular region is Hangzhou and emerging first-tier cities including Chengdu and Nanjing are more popular among job-hoppers than other first-tier cities like Beijing, Shanghai, Guangzhou and Shenzhen.
Employee Average Length of Service Declines by Years
Data shows that job-hopping in China is accelerating in recent years and average number of months that job-hoppers have been at their current jobs declines from 34 months in 2014-2015 to 22 months in 2017-2018. This trend implies that job market in China is opener and more active and company recruiters faces new challenges on talent hunting and retention.
Internet, Real Estate and Automobile are Most Popular Industries among Job-hoppers
Report says that internet, real estate and automobile industry are most attractive to job-hoppers, while telecommunications, IT service, oil energy, mechanical engineering and retailing industry are losing talents and traditional industries face more challenges. For example, for employees in internet industry, employee average length of service is 1.47 year, and for those in telecommunications, which recognized as traditional industry, the time length is 2.6 years.
Emerging First-tier Cities Overtake Traditional First-tier Cities as Top Destination for Talents
Reports also shows that emerging first-tier cities far more attractive to talents than traditional first-tier cities. Emerging cities including Hangzhou, Shenzhen, Chengdu, Suzhou, Xiamen, Dongguan, Wuhan, Guangzhou, Chongqing and Nanjing absorb more talents than Beijing and Shanghai. Job market in emerging first-tier cities is more active, employee average length of service is 1.61 year in Hangzhou and 1.75 year in Chengdu, shorter than 1.87 year in Beijing and 1.89 year in Shanghai.