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Cornell University ILR School DigitalCommons@ILR Center for Advanced Human Resource Studies CAHRS Working aper Series (CAHRS) 5-12-2006 How Can Multinational Corporations Retain Their Employees in China? Ke (Michael) Fan Cornell University Follow this and additional works at : /cahrswp art of the Human Resources Management Commons, and the International Business Commons Thank you for downloading an article from DigitalCommons@ILR . Support this valuable resource today ! This Article is brought to you for free and open access by the Center for Advanced Human Resource Studies (CAHRS) at DigitalCommons@ILR . It has been accepted for inclusion in CAHRS Working aper Series by an authorized administrator of DigitalCommons@ILR . For more information, please contact hlmdigital@. How Can Multinational Corporations Retain Their Employees in China? Abstract To address the headache encountered by many multinational companies in China retention of their Chinese employees, this study first examined the current Chinese labor market, identifying the unique characteristics of the market mainly comprised of university graduates and experienced white-collar employees; then tried to explain the reasons behind employees departures from a perspective of deep-rooted Chinese cultures; in the end, proposed effective and efficient solutions for retention purposes. All the proposed solutions aim to address key human resources management concerns, including compensation management, talent acquisition, performance management and communication. This study examined the best practices in employee retention adopted by a large number of successful m