Chinese Employers Plan To Raise Salaries This Year Is A Foregone Conclusion.

Mainland Chinese companies are leading in Asia, and 60% of employers plan to raise their salaries by more than 6% in 2016.

It is reported that the guide has conducted research on more than 3000 employers in mainland China, Hongkong, Singapore, Malaysia and Japan, involving six million employees and more than 1200 posts. The salary level and recruitment trend of 19 industries are analyzed.

According to the guide, the salary increase in the mainland market in Asia is ahead of Hongkong, Singapore, Malaysia, Japan and other countries and regions. 60% of employers plan to raise salaries for employees by more than 6%.

In Japan, 63% of employers plan to raise salaries by no more than 3%.

In China's Hongkong, Singapore and Malaysia, most employers plan to raise salaries between 3% and 6%.

In terms of staffing, 60% employers expect business activities to increase in 2016, 43% of employers want to hire more long-term workers, and 46% expect to maintain existing staffing.

In addition, better pay and benefits are the main reasons for most job seekers in China looking for new jobs.

When asked about the reasons for their stay in the company, almost half said they were "work life balance", 39% said career development, and 38% said management style and corporate culture.

Speaking of the impact of China's economic pformation on the job market, Lanxi Meng, executive director of Hanas China, believes that the expected growth rate of pay for multinationals in China is significantly slower than in previous years.

However,

The expected salary increase in the market is still in the leading position in Asia.

"On the one hand, the Chinese government is encouraging.

Significant gains have been made in other emerging industries, such as Internet economy, electricity providers, technology R & D and other industries. The employers in these new fields are willing to compete for talent. Wage costs are rising for the first tier cities in mainland China to catch up with Singapore and Hongkong, China.

"Lan Xi Meng said.

The guide predicts that the growth prospects of pay and salary growth in the field of accounting and financial services will be more optimistic, while the traditional banking sector will face more challenges in 2016.

Affected by macroeconomic environment, enterprises,

At present, there is still a lack of highly skilled professionals in the field of personal banking.

Christine Wright, executive director of Hanas Asia, said that in 2016, employers would be cautious about raising wages in the face of economic and environmental challenges.

Meanwhile, a survey by Hanas shows that job seekers' salary expectations are higher than last year, and there must be some seesaw wars between them.

"Most employers surveyed expect a shortage of skills to be a challenge to the effective operation of enterprises in 2016. In order to fill the skills shortage, employers in China need to pay more attention to other recruitment strategies, such as actively strengthening the diversity and diversification of labor force, or maintaining an open attitude towards overseas recruitment."

Christine Wright said.