Published on 29th February 2024
“Enjoy Work Enjoy Life!” The motto of Engma, China’s leading HR Outsourcing Service provider, is certainly one that many members of the World Employment Confederation (WEC) share! Since 1st January 2024, Engma has joined the ranks of WEC’s Global Corporate Members. Being our first-ever Chinese corporate member, it brings further perspective from North East Asia, a rapidly expanding region for HR services.
“Becoming a member of the World Employment Confederation will significantly benefit Engma in terms of networking opportunities, best practices sharing, professional development, and quality standards,” explains Nichole Zhu, Director of the Government and Public Relations Department and Engma’s representative on the WEC Board. “Engaging in WEC is conducive to resource acquisition and professional development, by enabling sharing of insights and learning from the experiences of others in the industry,” she adds.
Purpose-driven growth
With Engma’s ambition is to become a specialist in “human capital management services”, offering a comprehensive set of solutions around talent training, talent intermediary, talent dispatch, talent agency and talent service, staying on top of the latest developments in the industry is a clear asset. Engma Group was founded in 2002, with 181 branches all over China. The company quickly expanded beyond the country’s borders, and the headhunters they have invested in have a presence overseas. To date, there are around 1100 management team members and 120000 expatriate employees in Engma under the leadership of the CEO Mr Zhuang.
The company is reputable in China, being recognised one of the leading private brands in HR services and credited by more than 30 national honors. Commitment to industry standards and to social responsibility is high on Engma’s agenda. The company is actively promoting the development and progress of social public welfare while providing quality human resource services and promoting social employment. Examples of corporate social responsibility initiatives it put in place include setting up the “China New Forces Congress,” organizing NGO training course for public welfare leaders and seeking international aid to help children injured in the conflict in Syria. WEC’s work on quality standards and its opportunities for sharing best practices should further inspire Engma.
China’s labour market at crossroads
With the world’s largest labour market, China offers a broad and attractive talent pool for various types of businesses. The Chinese government having heavily invested in education and vocational training, the workforce has gained in quality and skill level in recent years. As the country gradually relaxes market access and strengthens international exchanges and cooperation, the introduction of foreign advanced management expertise and high-end talents is conducive to enhancing the international competitiveness of domestic talents. As China’s economy continues to transform and upgrade, new technologies, industries, and business models are emerging, bringing new opportunities for the development of human resources.
In terms of challenges, the ageing population is becoming an increasingly serious issue. The working-age population is declining, putting pressure on pensions and the labour supply. Also, despite the large labour force, there is an oversupply of low-end labour and a shortage of high-quality talent, making skill upgrades and retraining critical. With the deepening of global economic integration, international talent competition is intensifying. The international mobility of Chinese talents faces challenges, especially in attracting and retaining talents in high-level and key areas. Finally, the environmental impact of production methods and health issues in the workplace are becoming a focus of increasing concern. Enterprises need to integrate environmental protection and employee health concepts into human resources management.
Further development of the HR services industry will enable the Chinese economy to embrace change and opportunities. No doubt that WEC’s membership will support Engma in this respect!
