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Hangzhou Bay New Zone offer high pay to woo talents

"Working five days a week with a two-day weekend makes me feel like an office worker, although I am a student now." said Wang Bin, a senior in Yangtze River Vocational College. He has worked as a graduate trainee in Hangzhou Bay New Zone for three months. He expressed his wish to stay here after graduation. Majoring in vehicle inspection and maintenance, he began to work as a trainee in stamping plant in Geely Group last winter. He was quite satisfied with the pay and subsidies his company offered for college graduates and interns.

An official from Human Resources and Social Security Bureau of Hangzhou Bay New Zone said that they offer 500 yuan a month as living allowance to new college interns with reimbursement of round-trip travel expenses. College graduates who choose to stay here can enjoy 1,000 yuan as social security subsidies every year. The honored graduates who choose to work in the New zone enterprises can enjoy living allowance of 300 yuan per month, and 1,500 yuan as yearly social security subsidies. Statistics show that so far the new zone has paid 1,17 million yuan to college interns and graduates.

According to local authorities, 115 of the 131 college interns who came in 2010 decided to stay here and signed labor contracts with their employers. The college internship program in 2011 created 1494 jobs in 52 companies. It is learned that all the 320 college interns in Geely Group were all in place in advance, and expressed their willingness to stay in the New Zone after graduation

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