China Talent
Recently in Beijing, 20% to 30% of applicants for jobs with Italian fashion designer Versace did not show for their interviews, an experience that is being felt by most major retailers in China. In a recent article in the Wall Street Journal, it was reported that there are 1.4 million more jobs than applicants in China, and exacerbating the situation, most of the opportunities are limited to the major metros. Most of this activity is focused on hospitality, retail and food operations, but there is a wrinkle. Not only do the prospective employees need to be capable of doing the job, but in many markets they also need to be fluent in Cantonese, Szechwan, and English. For example, Apple stores in Hong Kong, Shanghai, and Beijing require their sales team to be tri-lingual. This extraordinary demand is having the expected result of boosting compensation. City salaries have risen 13% in the last year and 77% over the past five years. But there is a catch: The average salary is only $5,500, so there is a lot of room to grow.

Tony LoPinto is the Global Sector Leader of Korn/Ferry International's Real Estate Practice and founder of SelectLeaders. The views expressed in this article are the author’s own.

CW FINANCIAL SERVICES
Analyst - Commercial Real Estate Capital Markets
(MIAMI) The analyst position supports an established Miami broker, and encompasses responsibilities involving pricing underwriting, investor interaction, buyer database management, market report authoring, attending presentations, assisting with preparation of sale proposals, and overseeing flyer and offering memoranda preparation.

JONES LANG LASALLE
Group Manager, Property Management
(BOSTON) Among other duties, the manager will interface with owners and clients to meet or exceed their expectations regarding the operational, financial, and marketing efforts for their portfolio.

CBRE
Facilities Director
(HOUSTON) The director directs facilities managers to deliver expected service levels to the client within the prescribed budget, among other tasks.

USAA REAL ESTATE CO.
Client Communications Manager
(SAN ANTONIO) As a member of the private Equity team, the client communications manager will support the investor communications process by leveraging firm resources to craft and respond to formal RFPs for the firm's investment advisory services.

CUSHMAN & WAKEFIELD
Senior Managing Director-Business Consulting
(NEW YORK CITY) The role is to lead one of the consulting practices within global business consulting and provide real estate strategy services to sophisticated corporate and other occupiers.

REIT MANAGEMENT & RESEARCH
Vice President, Midwest Region
(CHICAGO) The vice president of the Midwest Region manages and enhances the portfolio value of commercial real estate through expertise in property management oversight, leasing, tenant relations, and development and expansion of the portfolio.

GREENSTREET PARTNERS
Senior Analyst of Real Estate and Operations
The primary responsibility of this position will be supporting the day-to-day management of a large nationwide portfolio of early childhood education centers from a real estate and center-level operations standpoint.

HOLIDAY FENOGLIO FOWLER
Real Estate Analyst Debt
(BOSTON) The analyst will prepare commercial mortgage loan/sales packages for presentation to lenders and buyers, among other duties.

No more than one submission per company will be considered per week.
Submissions with multiple names will be capped at three for coverage in Executive Watch.