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June 26, 2015

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Salaries to climb 5-10%

SALARIES for experienced and skilled employees are expected to rise between 5 and 10 percent this year from a year ago as China experiences a shortage of senior level talent, human resource agency ZW HR Consulting said in a report released yesterday.

Information technology professionals, human resource managers, and mechanical and technical engineers are leading the salary increase this year, the report said.

“The year 2015 is likely to turn out to be a reasonably good period for skilled professionals,” said Joyce Jing, general manager of ZW HR Consulting. “The average salary bands for professionals are up by 10 percent from a year ago.”

Salaries may rise as high as 35 percent for top talent as firms grow, the report said.




 

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