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Company-based vocational training system VS Professional Certification training system, which is better in China?

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Introduction

Company-based vocational training system VS Professional Certification training system, which is better in China? By Kaixin Ding PS5 Group one Tutor: Bruce Solomon 29/08/2011 Contents Introduction ----------------------------------------------------------------------------- 1 Company-based vocational training system ---------------------------------------- 1 Professional Certification training system ------------------------------------------ 3 Comparative of the two methods ---------------------------------------------------- 4 Conclusion ------------------------------------------------------------------------------- 5 References ------------------------------------------------------------------------------ 6 Introduction It is widely believed that China is a giant in human capital. The population of China has risen to 1.3 billion, although China's growth rate has slowed. However, the report "The Emerging Global Labor Market" from the McKinsey Global Institute (MGI) shows that few of China's vast number of university graduates are capable of working successfully, and the fast-growing domestic economy absorbs most of those who could. From the report we can find that there is a predicament in China's labour market, especially in some specific fields. Take engineers as an example. In 2003, China has 1.6 million young engineers, but the number of those who have been considered suitable for work in multinationals is just 160,000. The shortage is enormous. How can we solve this problem? The solution may be vocational education & training. Vocational education & training is an important part of Human Resource Development. ...read more.

Middle

The whole courses are comprehensive and trainees can choose their own subjects based on the types of jobs. Moreover, all the instructors are people who have positions in P&G and the promotion and performance evaluation of the instructor is linked with the promotion of their posts in P&G, which made it's training system quite outstanding. Professional Certification training system The Professional Certification training system appears and advances because of China's special employment environment. Due to the huge labour force of China, thousands of people are looking for jobs and the employees working in the HR department have to face numerous CV every day. Is there any method to screen these CV much more quickly? The Professional Certification system turns up. The Professional qualification certificate, for example, Certified Public Accountant (CPA) and Chartered Financial Analyst (CFA), has become the entry threshold of many enterprises. People who press for jobs will focus on how to get the qualification as soon as possible. The best way may be asking special training institutions for help. The special training institutions, we can also call them professional certification training companies, have gradually become another important part of China's vocational education model. In China, the most famous certification training company may be Neworiental, who firstly started its business on special English education such as TOEFL and IELTS. ...read more.

Conclusion

The company, especially the HR department, does not need to spend money on renting a place for teaching. Arranging class schedule for its employees is also unnecessary. The company can just send its employees to the professional certification institution and does nothing but waiting for its staff become qualified professors. What's more, trainees come from different companies can communicate with each other when studying in the institution. This is useful for innovation and network expanding which are both important for company's future developing. However, the training process is provided by other institute which means that the HR department will not know whether the employees are carefully study or not. This may cause a waste of time and money, both for the employees and the company. Conclusion Each type of these two training systems has its own merits and demerits. Choosing an appropriate training system is not an easy to do. As mentioned before, the HR department should consider of many aspects before making a decision, such as the number of employees who need to be trained, the cash flow of the company and so on. In general, company-based vocational training system is more suitable for large companies and the professional certification training system is more applicable for small companies. With the quick development of China, the Human Resource Development will be more and more important for Chinese Companies. It is very urgent to analysis and improve exist training systems. ...read more.

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