Color Pallet R, G, B 0, 87, , 102, 0 250, 191, , 58, 33 63, 153, , 61, , 56, 35 Slide Bkgrd Colors Title bkgrd 73, 87, 103 Body slide bkgrd 197, 202, 209 Corp. bullets 74, 129, 185 Prod. bullets 222, 102, 0 Title rule 147, 166, 184 Orange bar type 255, 175, 95 (v3) Silicon Valley – Shanghai, China Executive Search/China Sourcing/China IPO China Job Market Overview Bob Liu, C.P.M., CPIM

Color Pallet R, G, B 0, 87, , 102, 0 250, 191, , 58, 33 63, 153, , 61, , 56, 35 Slide Bkgrd Colors Title bkgrd 73, 87, 103 Body slide bkgrd 197, 202, 209 Corp. bullets 74, 129, 185 Prod. bullets 222, 102, 0 Title rule 147, 166, 184 Orange bar type 255, 175, 95 (v3) % vs % - A dialog between two VPs VP 1: I read an article saying China’s labor cost rises double digit every year, thus making China less competitive very soon in labor intensive industries. VP 2: It depends. One of my customers is a $19B China based company, whose workers are making $100 a week. Even if salary increases by 25% year over year, how many years would it take to become less competitive? Question: What does this mean for us here? Source of picture: © All rights Reserved

Color Pallet R, G, B 0, 87, , 102, 0 250, 191, , 58, 33 63, 153, , 61, , 56, 35 Slide Bkgrd Colors Title bkgrd 73, 87, 103 Body slide bkgrd 197, 202, 209 Corp. bullets 74, 129, 185 Prod. bullets 222, 102, 0 Title rule 147, 166, 184 Orange bar type 255, 175, 95 (v3) Some Examples Numbers are good - A Product Manager is making a U.S. white goods manufacturer, Shanghai A Sr. Materials Manager was making a German based MNC in a Tier 3 city, South China and paying Hong Kong tax A Director was making well over $140K at a China based Fortune Global 500 company in a Tier 3 city, North China A $78B pharmatheutical company offered a $130K package but couldn’t get anybody in Shanghai for two sourcing manager positions for over a year Numbers not as great – An MBA from a top US Business School took an offer of <$45,000 in Shanghai A former Deloitte consultant with an MBA from a top US B School landed a $40K job in Shanghai A $60K site operations manager job in South China attracted multiple applicants who were making well over $100K but lost their jobs during financial meltdown © All rights Reserved

Color Pallet R, G, B 0, 87, , 102, 0 250, 191, , 58, 33 63, 153, , 61, , 56, 35 Slide Bkgrd Colors Title bkgrd 73, 87, 103 Body slide bkgrd 197, 202, 209 Corp. bullets 74, 129, 185 Prod. bullets 222, 102, 0 Title rule 147, 166, 184 Orange bar type 255, 175, 95 (v3) Estimates – Shanghai Annual Packages Source: Hudson Salary Information – Asia, Note: This is not statistics. This is based on the market knowledge of Hudson experienced practice leaders. © All rights Reserved

Color Pallet R, G, B 0, 87, , 102, 0 250, 191, , 58, 33 63, 153, , 61, , 56, 35 Slide Bkgrd Colors Title bkgrd 73, 87, 103 Body slide bkgrd 197, 202, 209 Corp. bullets 74, 129, 185 Prod. bullets 222, 102, 0 Title rule 147, 166, 184 Orange bar type 255, 175, 95 (v3) The Big Nose – Find out on your own © All rights Reserved

Color Pallet R, G, B 0, 87, , 102, 0 250, 191, , 58, 33 63, 153, , 61, , 56, 35 Slide Bkgrd Colors Title bkgrd 73, 87, 103 Body slide bkgrd 197, 202, 209 Corp. bullets 74, 129, 185 Prod. bullets 222, 102, 0 Title rule 147, 166, 184 Orange bar type 255, 175, 95 (v3) The Exact Building – Define the job Employers in China, especially China based major corporations, often don’t have clear JD and expectations Define the job from both your and employer’s perspective, write down and fill the gaps Don’t take the job before both parties are crystal clear on the expectations © All rights Reserved

Color Pallet R, G, B 0, 87, , 102, 0 250, 191, , 58, 33 63, 153, , 61, , 56, 35 Slide Bkgrd Colors Title bkgrd 73, 87, 103 Body slide bkgrd 197, 202, 209 Corp. bullets 74, 129, 185 Prod. bullets 222, 102, 0 Title rule 147, 166, 184 Orange bar type 255, 175, 95 (v3) Silicon Valley – Shanghai, China Executive Search/China Sourcing/China IPO © All rights Reserved

Color Pallet R, G, B 0, 87, , 102, 0 250, 191, , 58, 33 63, 153, , 61, , 56, 35 Slide Bkgrd Colors Title bkgrd 73, 87, 103 Body slide bkgrd 197, 202, 209 Corp. bullets 74, 129, 185 Prod. bullets 222, 102, 0 Title rule 147, 166, 184 Orange bar type 255, 175, 95 (v3) Contact Us US Office 143 Kerry Common, Fremont CA Tel: (510) China Office 800 Quyang Road, Room 1812 Shanghai, , China Tel: Website: Executive Search China Sourcing China IPO © All rights Reserved