2015-04-06

Corruption Crackdown Fallout: Bureaucrats Leave for Private Sector

I'm not sure if this is a bug or a feature of the corruption crackdown. On the one hand, the party doesn't want to lose talented people, but on the other hand, it does want to lose people who are interested in getting rich. To get rich is glorious, but only in the private sector please.

SCMP: Chinese government officials flock to apply for private-sector jobs amid graft crackdown
Mainland public servants are flocking to apply for jobs in the private sector as the Communist Party's anti-graft drive erodes perks and job security, according to a human resources website.

More than 10,000 government officials have submitted their resumes to potential employers through Beijing-based jobs website Zhaopin.com since the traditional job-hunting season started in February, according to a report by the website.

This was over 30 per cent more than the same period last year, with public servants now topping the list of jobseekers. The first working week after the Lunar New Year is the mainland's peak hiring season.

"Previously we didn't pay attention to this group since very few officials quit their jobs. But it's a major phenomenon this year. So many of them want to change jobs," the website's senior career consultant, Huang Ruoshan, said.

Many officials were looking for jobs at property developers, financial institutions and internet-related firms, she said.

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