Hays: Chinese employers in the tech sector investing in AI to attract top talent
(Aug.4, 2017,/staffingindustry.com/)China’s tech sector is strengthening its ability to attract top talent from other countries by investing heavily in AI according to international recruitment firm Hays.The research from Hays showed that employers in the AI space are becoming competitive in their efforts to attract top talent.
“IT business commentators claim investment levels in areas such as artificial intelligence in mainland China are now eclipsing other parts of the world,” Simon Lance, Managing Director for Hays Greater China, said. “We are seeing significant government and private investment in AI across natural language processing, computer vision, speech recognition and data science.”
“We are starting to see those on the cutting edge of research as well as established leaders in their field moving to mainland China from the US and Europe, although the flow of talent is still in the early stages,” Lance said. “However, as mainland China wants to be a world leader in AI, the bar is being set very high when it comes to candidate selection so not surprisingly, we are seeing a shortage of talent right now.”
The research from Hays also showed that AI employers in mainland China are increasingly able to attract top talent from both the US and Europe to work in China. In some cases, mainland Chinese expats are being offered salary increases of up to 50% to take up positions in mainland China. Hays stated that AI candidates from China and from overseas are receiving multiple offers and are negotiating for equity and more competitive bonuses too.
