"TIAO CAO" a job hopping of the Elite and its Management in Contemporary China : A Case Study of an Enterprise in a Coastal City in China

Abstract

This paper discusses job hopping (TIAO CAO) of the elite and its management through a case study of an enterprise in Contemporary China. Although the economic development of China has been extremely rapid, the social system has been inadequately maintained. Under such a social situation, the ratio of "Profit" and "Risk" leads to much for both of "Elite" and "Enterprise". Not only money but also the opportunity cost obtained by being in the enterprise is included in "Profit". Moreover, the part of a private life design of the individual is included in "Risk". In order to control "TIAO CAO", "Enterprise" should always consider giving the "Elite" proper "Profit". Also the "Elite" are always calculating "Profit" and "Risk" when changing their job. Thus, the "Elite" and "Enterprise" are always searching for the equilibrium point of "Profit" and "Risk" while sharing a social situation with each other. The "Elite" are not controlled by the "Enterprise". The "Elite" has a relationship with the "Enterprise" that has flexibility and retractability by the social act of "TIAO CAO". This case study presents one model of Enterprise Management in Contemporary China.