Learn the crucial first step for assessing the labor market when opening a software development center in China. Boost your SHRM Senior Certified Professional exam readiness with this expert advice.
Table of Contents
Question
When opening a new software facility in China what first step should be accomplished as soon as possible to evaluate the labor market for the new facility?
Answer
Conducting a supply analysis of available employees. Evaluating the current supply of U.S. workers and Chinese workers will help to identify the skill sets required and how many workers from each country will be needed.
Explanation
When opening a new software facility in China, the first step that should be accomplished as soon as possible to evaluate the local labor market is conducting a supply analysis of available employees in the area.
A supply analysis involves researching and assessing the current pool of workers in China who have the necessary skills and experience required for the software development roles needed at the new facility. This includes evaluating factors such as:
- The number of qualified software engineers, developers, QA testers, project managers, etc. in the local market
- The types of technical skills, programming languages, and platforms they specialize in
- Their years of experience and seniority level
- Salary expectations for different roles
- Competition for talent from other tech companies in the area
- Ease of hiring and recruiting talent
- Willingness to relocate to the facility’s city
- Cultural fit and English language abilities
By getting a clear understanding of the available supply of Chinese workers early on, the company can determine if the local talent pool is sufficiently large and qualified to meet the facility’s staffing requirements. The supply analysis should also look at the availability of U.S. workers willing to relocate to China to fill any skill gaps.
This data will be critical for workforce planning, creating realistic hiring timelines, setting competitive compensation levels, and deciding the optimal mix of local and expatriate staff. It allows the company to identify any challenges in advance and adapt their HR strategy accordingly when establishing the new offshore facility. A thorough labor supply analysis is therefore an essential first step when expanding into the Chinese market.
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