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ECNS Wire

75% of e-commerce companies suffer from talent shortages

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2016-04-13 11:36Ecns.cn Editor: Mo Hong'e

(ECNS) -- Three-quarters of China's e-commerce companies are restrained by a shortage of talent and 36 percent have to recruit new employees on a monthly basis despite the sector's explosive growth, according to a research report.

The report by the China E-commerce Research Center (CECRC) found only 25 percent of 305 e-commerce companies say they have stable human resources to meet development requirements.

Thirty percent of companies that trade goods or services online attribute the human resources pressure to their rapid growth, and another 30 percent identify increased competition as the reason.  

Among the companies surveyed, more than 65 percent had post-90s generation accounting for more than half of their total employees.

CECRC researcher Cui Libiao said the post-90s generation are more independent and sensitive to equality and fairness, so they have created new challenges for business management in China.

The sector also faces rapid growth, relatively low entry thresholds, and incomplete organizational and incentive systems, Cui added.  

The report also shows the top three reasons for people with qualifications at college associate degree level or above quit their jobs are salary (34 percent), work stress (32 percent) and start-ups (19 percent).

  

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