Salary Studies

What are the 5 Social Funds Employers Must Pay into in China?

What are the 5 Social Funds Employers Must Pay into in China?

What You Will Learn The 5 types of social insurance required in China: Pension Fund Medical Insurance Unemployment Insurance Maternity Fund Work-related Injury Insurance The 1 type of social insurance that is conditional in China: Housing Fund  China Social Insurance Reference Chart: Hiring in China? We can help, and stay within your budget!  We’ve been recruiting in China since 2014! Our China Recruiter Pro service helps companies utilize leading local Chinese hiring platforms and social media. Contact us for a free consultation to discuss hiring goals, salary & compensation budgets in China, and if TeamedUp China is the right fit to support your organization. Book A Call Get in Touch Let’s find your next great China-based team member today. 

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As an Employer in China, Should You Be Offering Employees a 13th Month of Salary?

As an Employer in China, Should You Be Offering Employees a 13th Month of Salary?

What You Will Learn Advantages and disadvantages of offering a “13th month” salary bonus in China, including: The effect a bonus can have on attracting top talent. Setting your organization’s positions apart from the crowd. Improving employee morale. Showcasing understanding of cultural sensitivities & norms.  Performance-based vs guaranteed bonuses. Adherence to local employment regulations. Check out our companion article on this topic: A Guide To The 13th Month Salary Bonus In China More from our series on salaries in China: Our 2023 Complete Guide to Salaries in China Average Software Engineer Salary in China: 14 Sources Compared Average Salary in China – Local Data Q2 2023 Highest Paying Jobs in China – Local Data 2023 Highest Paying Job Sectors in China – Local Data 2023 Highest Paying Pharmaceutical Jobs In China (2023) Hiring in China? We can help, and stay within your budget!  We’ve been recruiting in China since 2014! Hiring in China? We can help, and stay within your budget! Our China Recruiter Pro service helps companies utilize leading local Chinese hiring platforms and social media. Contact us for a free consultation to discuss hiring goals, salary & compensation budgets in China, and if TeamedUp China is the right fit to support your organization. Book A Call Get in Touch Let’s find your next great China-based team member today. 

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What Does a Software Engineer earn in a 1st, 2nd, & 3rd Tier City in China?

What Does a Software Engineer Earn in a 1st, 2nd, & 3rd Tier City in China?

What You Will Learn What a software engineer earns in different types of Chinese cities, including: First-tier cities like Shanghai, Beijing, Shenzhen, and Guangzhou.  Second-tier cities like Nanjing, Hangzhou, & Tianjin. Third-tier cities like Changsha, Xiamen, & Foshan. The importance of considering locations in China when putting salary packages together. More from our series on salaries in China: Average Salary in China – Local Data Q2 2023 Highest Paying Jobs in China – Local Data 2023 Highest Paying Job Sectors in China – Local Data 2023 Highest Paying Pharmaceutical Jobs In China (2023) Hiring in China? We can help, and stay within your budget!  We’ve been recruiting in China since 2014! Our China Recruiter Pro service helps companies utilize leading local Chinese hiring platforms and social media. Contact us for a free consultation to discuss hiring goals, salary & compensation budgets in China, and if TeamedUp China is the right fit to support your organization. Book A Call Get in Touch Let’s find your next great China-based team member today. 

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Highest BioPharma Salaries In China

Highest Paying Pharmaceutical Jobs in China (2023)

Zhilian Zhaopin, one of China’s biggest job portals, has recently released data on average monthly salaries in China. It’s important to note that the data reflects recruited salaries, or the publicly listed salary information that companies advertise on the Zhaopin platform. This page goes through the highest-paying jobs in the pharmaceutical & bioengineering sector of China as of Q2 2023. Let’s dive in! Market expansion, pharmaceutical research & development are high-paying jobs in the field of biomedicine 1) Sales Director – ¥28,447 RMB ($3,987 USD)/month 2) Clinical Project Manager – ¥24,034 RMB ($3,368 USD)/month 3) Pharmaceutical R&D Manager – ¥22,304 RMB ($3,126 USD)/month 4) Clinical Researcher – ¥18,301 RMB ($2,565 USD)/month 5) Pharmaceutical Product Manager – ¥17,336 RMB ($2,430 USD)/month 6) Pharmaceutical Technology R&D – ¥15,947 RMB ($2,234 USD)/month 7) Pharmaceutical Marketing Manager – ¥15,143 RMB ($2,122 USD)/month 8) Sales Team Manager – ¥15,037 RMB ($2,107 USD)/month 9) Drug Registration Specialist – ¥14,986 RMB ($2,100 USD)/month 10) Product Formulation R&D – ¥14,667 RMB ($2,056 USD)/month More from this series on salaries in China: Average Salary in China – Local Data Q2 2023 Highest Paying Jobs in China – Local Data 2023 Highest Paying Job Sectors in China – Local Data 2023 Hiring in China? We can help, and stay within your budget!  We’ve been recruiting in China since 2014! Our China Recruiter Pro service helps companies utilize leading Chinese platforms just like Zhilian Zhaopin. Contact us for a free consultation to discuss hiring goals, salary & compensation budgets in China, and if TeamedUp China is the right fit to support your organization. Book A Call Get in Touch Let’s find your next great China-based team member today. 

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Highest Paying Jobs In China

Highest Paying Jobs in China – Local Data 2023

Zhilian Zhaopin, one of China’s biggest job portals, has recently released data on average monthly salaries in China. It’s important to note that the data reflects recruited salaries or the publicly listed salary information that companies advertise on the Zhaopin platform. For this entry, we’re going to dive into the highest-paying jobs in China. Let’s go! Highest Paying Jobs in China, Country-wide Chip Engineers top the list, earning an average monthly salary of ¥26,000 RMB ($3,617 USD)/month. Chip Engineers continue to be the highest-paying occupation, earning an average of ¥26,000 RMB ($3,617 USD)/month.  Next up are Senior Managers and Artificial Intelligence Engineers – earning an average of ¥22,739 RMB ($3,164 USD)/month and ¥21,701 RMB ($3,019 USD)/month respectively. Rounding out the top 10 are: 4) Investment/Finance Managers – ¥16,899 RMB ($2,351 USD)/month 5) Software Developers – ¥16,891 RMB ($2,351 USD)/month 6) Communications & Hardware R&D Professionals – ¥16,507 RMB ($2,230 USD)/month 7) Mobile R&D Professionals – ¥15,646 RMB ($2,177 USD)/month 8) Automotive Electronics Engineers – ¥15,437 RMB ($2,147 USD)/month 9) Securities Brokers – ¥14,498 RMB ($2,017 USD)/month 10) Data Engineers – ¥14,318 RMB ($1,992 USD)/month Other takeaways: Many technical positions such as software R&D, hardware R&D, mobile R&D, and data engineers have seen their salaries drop compared with last year, but they are still high-paying occupations. Since the pandemic restrictions have been lifted, the public’s reliance on online consumption and entertainment has decreased. Thus, the demand and salary of related positions have notably declined. Fastest Growing Salaries in China by Position The wages of Service Consumption positions such as tourism, catering, fitness, and beauty rose significantly compared with the same period last year The above graph displays the year-on-year growth rate of salaries by job type. The biggest trend here is the retail service sector demand growing as pandemic policies and environment have simmered over the past year. From the top, the fastest-growing salaries in China by occupation type: Travel Services Sports & Fitness Business Consulting Banking & Financial Services Food & Catering Services Health & Beauty Doctor & Pharmacist Housekeeping & Maintenance Retail Clerk/Assistant The overall recruitment salary of Travel Service positions increased by 8.6% compared with the same period last year. Smaller divisions of Travel Services such as travel planning, tour guides, and visa specialists have increased by more than 10% year-on-year. Other high-growth salaries in the consumer service sector include food service jobs (the recruitment salaries of chefs, bartenders, bakers, and other food service positions have increased significantly), sports & fitness jobs, health & beauty jobs, and retail associate jobs.  More from this series on salaries in China: Average Salary in China – Local Data Q2 2023 Highest Paying Job Sectors in China – Local Data 2023 Highest Paying Pharmaceutical Jobs in China (2023) Hiring in China? We can help, and stay within your budget!  We’ve been recruiting in China since 2014! Our China Recruiter Pro service helps companies utilize leading Chinese platforms just like Zhilian Zhaopin. Contact us for a free consultation to discuss hiring goals, salary & compensation budgets in China, and if TeamedUp China is the right fit to support your organization. Book A Call Get in Touch Let’s find your next great China-based team member today. 

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Highest Paying Job Sectors In China

Highest Paying Job Sectors in China – Local Data 2023

Zhilian Zhaopin, one of China’s biggest job portals, has recently released data on average monthly salaries in China. It’s important to note that the data reflects recruited salaries, or the publicly listed salary information that companies advertise on the Zhaopin platform. This article breaks down the highest-paying industries in China as well as the fastest-growing wages in China by sector. Let’s dive in! Highest Paying Sectors in China, Country-wide Salary ranking for Internet industry drops; Large Salary Gap in Energy & Aerospace Industries Coming in at #1 is the fund/securities/futures/investment industry, with an average salary reaching ¥13,737 RMB ($1,912 USD)/month in Q2 2023. The average salary level of other financial industries such as banking at ¥11,841 RMB ($1,648 USD)/month and insurance at ¥11,269 RMB ($1,568 USD)/month also ranked high. As expected, technology-related industries also fared well here. The electronic technology/semiconductor/integrated circuit industry ranked second, with an average recruitment salary of  ¥12,175 RMB ($1,694 USD)/month. Also in the top ten are computer software, IT services, and computer hardware.  In the Internet & e-commerce industry, the average recruitment salary was ¥10,705 RMB ($1,490 USD)/month. This is a year-on-year decrease of 4% and drops the sector’s ranking out of the top 10, to 16th. Another insight to pull out of this is from two of the top industries: energy/minerals/mining and aviation/aerospace. The average salary of these industries ranks high, but the median salary ranks relatively low – showing that a small number of high-paying jobs drive the overall average salary of the industries.  Fastest Growing Wages in China by Industry Biopharmaceutical companies increase investment in research and development, leading to a year-on-year increase of over 5% The average salary in the electronic technology/semiconductor/integrated circuit industry has continued to rise, with a year-on-year increase of 5.9%. Against the backdrop of an aging population, China’s residents’ demand for medical and medical services is increasing. This demand has led the way for supportive national policies and increased investment in research and development.  Recruitment salaries in industries such as industrial automation, high-tech manufacturing, and new energy continued to rise, with a year-on-year growth rate of more than 3% in the second quarter. More from this series on salaries in China: Average Salary in China – Local Data Q2 2023 Highest Paying Jobs in China – Local Data 2023 Highest Paying Pharmaceutical Jobs in China (2023) Hiring in China? We can help, and stay within your budget!  We’ve been recruiting in China since 2014! Our China Recruiter Pro service helps companies utilize leading Chinese platforms just like Zhilian Zhaopin. Contact us for a free consultation to discuss hiring goals, salary & compensation budgets in China, and if TeamedUp China is the right fit to support your organization. Book A Call Get in Touch Let’s find your next great China-based team member today. 

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Average Salary in China - TeamedUp China

Average Salary in China: Local Data 2023+2024

Zhilian Zhaopin, one of China’s biggest job portals, regularly releases their data on average monthly salaries in China. It’s important to note that the data reflects recruited salaries, or the publicly listed salary information companies advertise on the Zhaopin platform. Let’s dive in to some of their salary sets from 2023 & 2024! Hiring in China? We can help. Post open roles across China’s top job sites, classifieds, and networking platforms — lower hiring costs by over 80%. Edit Template Average Salary in China, Country-wide 2023 In the second quarter of 2023, the average recruitment salary of enterprises in 38 Chinese cities was ¥10,266 RMB ($1,430 USD) per month. This average is up 1.6% since Q1 2023, but still down around 0.7% compared to the same time period last year Q2 2022. Breaking it down a bit further: The 25th percentile of recruitment salaries is ¥6,001 RMB ($836 USD)/month, The median is ¥8,001 RMB ($1,115 USD)/month, The 75th percentile is ¥12,001 RMB ($1,672 USD)/month. 2024 Moving in to Q2 2024, the average recruitment salary in 38 Chinese cities was  ¥10,313 RMB ($1,439 USD) per month. This average is up 0.5% since Q2 2023. Breaking the graph down a bit further: The figures along the grey line (grey boxes) represent the quarterly growth rate. The figures along the yellow line (light pink boxes) represent the annual growth rate. Average Salary in China by City Salary in Shanghai continues to top the list 2023 Zhaopin monitored 38 core cities across China. Shanghai has held the top spot on this list for quite some time, and comes in at the #1 spot again with an average monthly salary of ¥13,486 RMB ($1,879 USD)/month. Beijing followed with an average monthly salary of ¥13,438 RMB ($1,872 USD)/month. Shenzhen ranked third with an average monthly salary of ¥12,774 RMB ($1,780 USD)/month. Hangzhou, Nanjing, Suzhou, Guangzhou, and Ningbo round out the top 8. We also have median salary data here and can see the median salary of the top 3 cities – Shanghai, Beijing, and Shenzhen – exceeded ¥10,000 RMB ($1,393 USD)/month. It’s also interesting to note that there is a 59% difference in the median salary between the first (Shanghai) and last (Harbin) cities on this list. 2024 Top-Tier City Salaries Shanghai, Beijing, and Shenzhen emerged as the top three cities for recruitment salaries. These metropolises boasted average monthly salaries of approximately 13,000 yuan, with median salaries exceeding 10,000 yuan. Hangzhou secured the fourth position, offering an average monthly salary of 11,909 yuan and a median of 9,904 yuan.   High-Tier City Salaries The next group of cities, including Nanjing, Guangzhou, Suzhou, Ningbo, Zhuhai, and Xiamen, all demonstrated competitive salary ranges. These locations reported average monthly salaries between 10,000 and 11,000 yuan, with median salaries ranging from 8,500 to 9,000 yuan.   Regional Salary Patterns Higher salary levels further concentrate in these economically significant regions: Yangtze River Delta: Cities like Wuxi and Hefei maintained relatively high compensation levels. Pearl River Delta: Dongguan and Foshan showed strong salary performances. Central and Western Regions: Wuhan, Changsha, and Chengdu exhibited comparatively robust salary structures. Fastest Growing Wages in china By City The rapid development of smart manufacturing in Wuxi, Suzhou, and Ningbo drives up wages 2023 Here we have the year-on-year salary growth rankings of the 38 Chinese cities. Wuxi ranked first, with salary increasing by 6.1% year-on-year. Lanzhou and Xiamen rounded out the top 3. Suzhou and Ningbo had year-on-year growth rates of 2.1% and 1.6%, respectively, ranking fourth and ninth.  The salary of the Intelligent Manufacturing industry led to the rise in some key cities of the Yangtze River Delta. The monthly salary of enterprises in the electronic technology/semiconductor/integrated circuit industries in Wuxi, Suzhou, and Ningbo increased by 8.6%, 5.8% and 10.7% respectively compared with the same period last year. The instrumentation and industrial automation industries increased by 7.1%, 6.9%, and 15.3% respectively. This points to strong development in the regional Intelligent Manufacturing industry. In addition, cities such as Lanzhou, Xiamen, Kunming, Changchun, and Shijiazhuang also experienced relatively obvious growth rates in this quarter, mainly driven by the recovery of the consumer industry. The average recruitment salary in the fast-moving consumer goods industry increased by 18.3%, 5.8%, 17.7%, 8.8%, and 14.2% respectively compared with the same period last year. 2024 Moving into Q2 2024 year-on-year salary growth rankings of the 38 Chinese cities.   China’s Central Region Leading Salary Growth The central region of China has emerged as the frontrunner in year-on-year salary growth: Taiyuan: Topped the list with a remarkable 4.7% increase in average recruitment salary compared to the previous year. Hefei: Secured the fourth position with a substantial 3% growth rate. Wuhan: Also showed positive momentum with a 1.6% year-on-year increase. This trend reflects a strategic shift in central cities, where gradually increasing salaries are being used as a lever to accelerate talent attraction.   Pearl River Delta’s Robust Performance Cities in the Pearl River Delta also demonstrated strong year-on-year salary increases: Foshan: Led the region with a 4% increase in recruitment salary. Guangzhou: Showed solid growth with a 2.2% increase. Dongguan: Followed closely with a 1.7% rise. Megacities Being Megacities It’s worth mentioning giants like Tianjin (#2 with 3.1% growth), Guangzhou (#6 with 2.2%), and Shanghai (#8 with 1.8%) land [unsurprising] spots on this list.  Hiring in China? We can help, and likely lower your hiring costs by over 80% We’ve been recruiting in China since 2014! Our China Candidate Sourcing Service helps companies post & promote open roles across top Chinese jobs & networking platforms. Let’s find your next great China-based team member together.  Book A Call Post a Job Contact us to discuss hiring goals, salary & compensation budgets, and if TeamedUp China is the right fit to support your organization. New here? Get 26% off your first job post with us. Edit Template More from this series on salaries in China: Highest Paying Jobs in China Highest Paying Job Sectors in China Highest Paying Pharmaceutical Jobs in China

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