Monday, January 24, 2011

Zhining Hu - Job Market research

After looking at the four job advertisements that I found, it would be quite obvious to notice that rather than targeting at a specific field that I would like to work in, I am looking at a specific company. I have set my mind to work in a food industry such as Kraft foods for a couple of years, hoping that one day I would reach my dream of becoming a marketing supervisor in the company. I strongly feel that management is a field so demanding on personal experience that, to an extent, your major and education degree have relative less importance. My job market research is mainly targeted on the entry level jobs in Kraft foods as you can’t just become a manager straight after your college graduation. Two of the ads are looking for a logistics associate and the other two are seeking a financial (cost) analyst.

The basic requirements for being a financial analyst in Kraft foods are the same regardless of the country you choose to work in. Both China and the US preferred the applicant to have a bachelor's degree in Finance, Business, or Accounting and an approximately 2 years finance related work experience. However, the requirement for the logistic associate differs a little. The position in US required a college graduate student with background in business logistics or related field, but the one in China even accepts juniors still studying in college. This is due to the fact that, in the US, the logistic associate is viewed as a professional full-time job in a company (I couldn’t find it being offered as an internship on the internet). Whereas in China, the logistic associate position is often offered to college students as an internship. China does this because offering the work to college students as an internship can cut the labor cost of the company. For the advertisement we can observe that the company will only pay 50 Yuan per day to the students who took the internship. This convert to roughly 7.5 dollars per day, which I believe no one in the US would willing accept this amount as their salary.

Other than the internship as a logistic associate, the rest of the job ads did not provide a specific value for the salary. Though not indicated on the website, I think it is more probable that the US will provide better health insurance, longer vacation time than China. From my personal experience during a summer internship in China, I wasn’t offered a health insurance and I have to make up during the weekends for every public holiday I had during the weekdays. I would say that China’s huge population is the ultimate reason for these differences. The enormous amount of excess labor caused Chinese to not value labor rights as much as some developed countries. Then again, for an international student obtaining a job in competition with American locals is extremely tough. Advancement would be even more difficult when considering the factors such as building a good social relationship locally and mastering the trend of the local market.

Job descriptions of Kraft foods in US are relatively more detailed than that of China, indicating specifically what tasks one would be responsible for after obtaining the job. This is mainly because the jobs offered in Kraft foods, China, cannot be found on Kraft’s official website and can only be viewed though some job-search websites in China. One cannot apply for the job online in China, but will have to contact someone in the human resource department by phone or by email. However, a person can register a username and simply apply for a position on the US Kraft website online.

Kraft is the world’s second largest food company and they set their sights on becoming a global snacks powerhouse and unrivaled portfolio of brands people love. I hope that one day my breadth of experience will make me ideal for being a marketing manager at such a food company.

Job 1

Job 2

Job 3 and 4 (you will have to have a Kraft account and login to view details)

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