Average salary in major Chinese cities is $900 and growing

Updated: 2016-01-21 15:29

By Wu Yan(chinadaily,com.cn)

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Average salary in major Chinese cities is $900 and growing

Li Jiahao shows his job offer at his home in Qingdao, East China's Shandong province, Dec 13, 2015. [Photo/CFP]

60 percent of Chinese employers plan to raise salaries by more than 6 percent

According to another report The 2016 Hays Asia Salary Guide, 44 percent of Chinese employers plan to raise salaries by 6 to 10 percent while 15 percent plan to raise them more than 10 percent in 2016, a rise leading other countries in Asia. Hays is a world leading recruiting company.

Some 63 percent of Asian employers plan to hand out bonuses to employees. As to factors that influence bonuses, 95 percent of employers consider company performance, 92 percent pay attention to individual performance and 37 percent value team performance.

For the amount of bonus, 33 percent of Asian employers expect it to be no larger than 10 percent of a employee's salary, 44 percent of employers anticipate it to be between 11 to 50 percent, 13 percent between 51 to 99 percent and 10 percent say it could be as high as 100 percent.

The report also showed that 84 percent of Asian employers provide other benefits for their employees other than salary and bonus. These benefits cover areas like health/medical treatment which is provided by 78 percent of employers, life insurance by 42 percent of employers and travel allowance and pension by 33 percent of employers.

Related: Finance offers highest starting salaries

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