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March 3, 2015

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Average salary in city rises with graduates among top earners

THE average salary of Shanghai residents rose to 5,144 yuan (US$820) per month last year from 5,036 yuan in 2013, according to a survey conducted by the Shanghai Social Sciences Academy.

The academy interviewed 2,010 people between the ages of 18 and 65. Of them, 20 percent said they worked overtime for at least one hour everyday last year, while more than 70 percent said they were satisfied with their current job.

Those between 30 and 39 years of age earned the highest average salary, which was 6,025.83 yuan per month. People between the ages of 50 and 59 earned 4,291.95 yuan per month, the lowest among all age groups.

College graduates earned 6,930.97 a month on average — more than twice the average salary of those with junior high school education or lower, who earned around 3,408.74 yuan.

Senior technical employees were the best paid with an average salary of 8,884 yuan per month, followed by the self-employed with 7,633 yuan, enterprise administrative staff with 7,114 yuan and directors of governmental agencies and public institutions with 6,355 yuan.

General workers were the worst paid group, averaging 3,571 yuan per month. The best paid among all those interviewed was a self-employed person who earned 100,000 yuan per month last year, while the worst paid also belonged to the same group but earned 1,300 yuan a month.

Employees of foreign-funded companies earned higher wages than those of other enterprises. The average monthly salary for senior technical staff in companies with foreign investment was 11,053 yuan while it was only 5,907 in government agencies or public institutions.

The survey said 51.5 percent, most of them from foreign-funded companies, were paid for overtime work but 27.1 percent said they never got paid for putting in extra hours at work.

Another 59.3 percent said they received free health examination once a year as against 22.8 percent who did not enjoy such privileges. The companies that did not provide free health checkups were mainly private businesses.

Also, 53 percent never got promotions. The ratio was higher in private companies, where 57.9 percent employees have been stuck at the same position since they took up the job.




 

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