Chinese salaries approach American

Chinese salaries approach American

Chinese salaries approach American

http://nextbigfuture.com/2012/06/wages-for-executives-managers-and.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+blogspot%2Fadvancednano+%28nextbigfuture%29

Position Annual Salary (US$)

Engineering supervisor 25,000 – 42,000

General manager 130,000 – 330,000

R and D director 100,000 – 167,000

Procurement director 67,000 – 150,000

Quality director 67,000 – 150,000

Chief technology officer 167,000 – 330,000

Marketing director 100,000 – 130,000

PR/communications manager 34,000 – 67,000

Regional sales manager 67,000 – 100,000

Source: Hays 2012 Salary Guide – Asia Of course, most Chinese do not have professional jobs, and minimum wage and social safety net comparisons to the U.S. are dismal. The federal minimum wage level in the U.S. is $7.25 per hour. A 40 hour work week means $290 a week gross for the lowest full-time workers in America. In Shenzhen and Shanghai, two of the highest earning cities in China, minimum wage is $238 and $230, respectively…per month. There is 25 page salary survey from Gemini. It quotes monthly salary ranges by position in RMB. China Daily – More than 80 percent of employers in China have planned to increase employees’ salaries by more than 6 percent year-on-year in 2012. Inflation in China for 2012 is expected to be about 4%. Among the 291 surveyed employers from the Chinese mainland, 29 percent said they will increase salaries by at least 10 percent, while another 29 percent will add between 5 and 10 percent, and 13 percent of respondents will increase salaries by between 3 and 6 percent. Wikipedia has a list of Chinese administrative divisions by disposable income per capita for 2010. Per Capita disposable income probably increased about 5-10% since that time.



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