Countermeasures to encounter brain drain in China’s securities industry due to COVID-19

Jiang Mengmeng and Jakaria Dasan and Ren Jie (2023) Countermeasures to encounter brain drain in China’s securities industry due to COVID-19. Malaysian Journal of Business and Economics (MJBE), 9. pp. 41-52. ISSN 2289-8018

	Text ABSTRACT.pdf Download (41kB)
	Text FULL TEXT.pdf Restricted to Registered users only Download (529kB)

URL: https://jurcon.ums.edu.my/ojums/index.php/mjbe/art...

Abstract

Brain drain has overshadowed the management of the securities industry before COVID-19’s threat. Things were getting worst during the COVID-19 pandemic in which the development of the Securities Industry requires an immediate solution to brain drain to normalize the effect of the epidemic. However, it is found difficult to attract talents as many of them prefer to grab the opportunity out there as China is becoming a more innovative-driven economy. This paper analyzed the implication of brain drain in human resource management in the Securities Industry. Countermeasures were proposed to encounter the problem of turnover which saw the exit of talents. Among others, improving training mechanisms, applying reasonable performance appraisal methods, establishing fair and competitive salaries, creating a humanized atmosphere, and nurturing people-oriented corporate culture might improve the efficient management of human resources and strengthen back the Securities Industry.

Item Type:	Article
Keyword:	COVID-19, The securities industry, Brain drain, Human resource Countermeasures, China
Subjects:	H Social Sciences > HG Finance > HG1-9999 Finance > HG4501-6051 Investment, capital formation, speculation > HG4701-4751 Government securities. Industrial securities. Venture capital R Medicine > RA Public aspects of medicine > RA1-1270 Public aspects of medicine > RA421-790.95 Public health. Hygiene. Preventive medicine > RA643-645 Disease (Communicable and noninfectious) and public health
Department:	FACULTY > Faculty of Business, Economics and Accounting
Depositing User:	SITI AZIZAH BINTI IDRIS -
Date Deposited:	24 May 2024 09:40
Last Modified:	24 May 2024 09:40
URI:	https://eprints.ums.edu.my/id/eprint/38751

Actions (login required)

View Item