Young Chinese fourth-highest earners in Asia
Updated: 2015-01-28 15:50
By Dai Tian(chinadaily.com.cn)
Job seekers look at employment information at a job fair for graduates in Nanjing, East China's Jiangsu province, Nov 20, 2014.Photo/IC]
Young Chinese are earning on average 8,482 yuan ($1,358) per month, placing them fourth on the salary chart in Asia, reported Japanese news agency Nikkei quoting its recent survey.
Young professionals from Singapore, South Korea and Japan on average get the top three highest wages in Asia, said the study conducted for the first time.
The survey covered 2,000 interviewees from 10 Asian countries between the age of 20 and 30, according to Nikkei.
Singaporeans earn an average of 19,085 yuan per month, while young professionals in Vietnam rank the bottom with an average of 2,117 yuan per month.
According to Nikkei, 83 percent of young Chinese have credit card and 62 percent of young Malaysian have taken loans from financial institutions.
Job-hopping to net 25% rise in salaries by Shi Jing
The continued interest of multinational companies in the Chinese market, combined with the rapid expansion of Chinese domestic firms, will inject much vitality in the country's job market and propel growth of employees' salaries.
According to the latest global salary report released by the recruitment specialist Robert Walters, Chinese employees who will change jobs in 2015 can expect their salary to go up by 15 to 25 percent, while those who choose to stay can also see a 6 to 8 percent increase.