Author: Lynk – lynk.global
Why China’s Gen Z will Disrupt 2022?
China’s Gen Z is like no other
Gen Z is a cohort of people born after 1995. China’s Gen Z are young, ambitious and extremely hard-working.
According to UBS, they represent 17 per cent of the country’s population – roughly 240 million people. If you take the US by comparison, that’s almost three-quarters of the population— massive demographic.
Navigating Different Regulatory Requirements For Your Business Globally – How Lynk Former Regulators can help.
While the China regulatory crackdown is the most obvious case of punitive repercussions for non-jurisdictionally compliant companies, companies doing businesses in developed countries like Europe & the US also face mounting pressure to supervise & reign in big-tech as well.
Some recent regulatory clampdowns include:
- the US Congress rolled out a proposal to combat monopolistic and potentially exploitative practices of big tech
- the G7 recently reached an agreement to try and put a stop to tax optimisation practices that many multinationals have benefitted from
- The EU also successfully cracked down on Belgium’s controversial tax scheme, ordering the recovery of hundreds of millions of euros from companies including U.S. manufacturer Magnetrol, BP, chemical producer BASF, Wabco, Cellio, and Atlas Copco.
Top Reasons to Outsource Your C-Suite
Cost: A small to medium-sized firm may not need the full-time hours — or expenses — of a C-suite executive, but they do need their expertise. Outsourcing allows firms to access the knowledge of experienced professionals at a fraction of the cost.
Filling critical roles can be time-consuming and expensive — the average cost of searching for a full-service executive can be anywhere from US$50,000 to US$300,000. Also, it doesn’t include salary, benefits, or onboarding costs. A full-time C-suite executive can cost upwards of $250,000 per year while outsourcing the function is considerably less. These professionals can focus on precisely what is needed with a far lower level of commitment.