Recruitement is still getting high this year..
Let see the semi-annual report relasedc comming on theory this week
Chinese job market 2010-2011
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It is pretty tough to get promoted to Associate in CKGSB. You need at least 5As. They pay people very well. This year they plan to hire rookies near 300K USD
So how does it work? Everything's an A? Nobody gets tenure? Either way, it's got to be a boundary solution.Have you seen their faculty list. Those people have 5As.
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Who in the world is paying _econ_ rookies 300k? Obviously we're talking about finance. Many of the recently tenured associates in the Finance department at CKGSB have 5 Finance As (or more). Most of them give up tenured positions in the US to go to CKGSB (and get paid more than they do in the US).