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Wal-Mart China Won 2005 TOP 20 Best Employers in China

Nov 17, 2005

In a survey sponsored by Fortune China Magazine and Watson Wyatt Worldwide, Wal-Mart has been recognized as one of the TOP 20 Best Employers in China. Stephanie Wong, Vice President of Human Resource, attended the ceremony. The year’s survey lasts 6 months to find out the “Best Companies to Work For” from the standpoint of Chinese employees.10 Local enterprises and 10 foreign enterprises won the honor.

Over 50,000 respondents from more than a dozen industries answered the questionnaire which covers 100 items classified in 10 groups. Survey items range from employee loyalty, staff performance to compensation & benefits and leadership.

Wal-Mart has been chosen because of the following aspects:

Clear Communication: Clear communication with staff on business goals and personal matters like pay, benefits and career development etc.

High Job Satisfaction: Provide staff with learning opportunity and encourage them by strengthening their sense of personal accomplishment.

Positive working environment: Provide staff with necessary tools and facility as well as a safety working environment.

Team Work Spirit: Foster a culture that enables staff to develop team work spirit in their immediate organizations and cross departments.

Prior to that, Wal-Mart China was awarded “TOP 50 Academician-recognized Best Employers in China” jointly published by Economic Observer and Chinahr.com, and “2004 Most Admired Company in China” by Fortune Magazine.