As of May 29, 2023, the average monthly salary in Mainland China is approximately 29,300 Yuan ($4,214 USD), which translates to an annual pay of around 351,600 Yuan or $49,200 USD. Salaries range from 7,410 CNY (lowest average) to 131,000 CNY (highest average, actual maximum salary is higher). Earning a Master's degree or any post-graduate qualification in China is a substantial financial commitment, with tuition fees ranging from 146,000 CNY to 439,000 CNY and a duration of around two years. China Average Salary According to China's National Bureau of Statistics, the country's total work force was 805.7 million people as of January 2019. Average salary in China is 379,658 CNY per year. Get quick analyses with our professional research service. Comparisons improve with every new data that you enter. What shall include in the local labor contract in China? Average Salary Salary is primarily determined by the level of experience one possesses, with higher levels of experience resulting in higher wages.In China, employees with two to five years of experience typically earn an average of 32% more than entry-level and junior workers in all industries and fields.Individuals with more than five years of experience tend to earn an average of 36% more than those with less than five years of experience.After ten years of work, salaries increase by 21%, with an additional 14% increase for those who have worked for over 15 years.These figures should be used as rough estimates, as considering individual job titles can lead to more accurate assessments. These numbers may vary from one industry to another. Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. Average The Average Salary in China much more than the minimum Foreigner Wages in China Expat Wages in China Conclusion In recent years, China has experienced significant economic growth, with wages rising across various industries. China The average salary in China refers to the average wage of income obtained by dividing the total wage of all workers in a given area for a given year by the number of workers employed during that time period. The national average reached about 106,800 yuan in 2021. WebMaximum and Minimum Salary Range. The hourly earning in southern China is only about 80 cents per hour. If your wage is between the average and the median, then things can be a bit complicated. Women receive a salary of 292,381 CNY. When compared to other established countries such as the United States and Japan, China's average pay is lower on a national level. Around 65% of all reported figures are in the range 17,800 CNY to 45,800 CNY. At the lower end of the wage spectrum, Guangxis minimum wage level (RMB 1,430/US$197 per month) is slightly higher than that in Liaoning (RMB 1,420/US$195 per month). The amount of the bonus will probably be different from person to person depending on their role within the organization. Term of the employment contract; (E.g., 2 years, 3 years). WebThe bare minimum wage In China, the minimum wage rates are set by the local government, not the central government. The other half, on the other hand, makes far more than the median wage. All data are based on 2,636 salary surveys. 354,199 CNY, 354,200 CNY -
Average salary in China is 370,398 CNY per year. National Bureau of Statistics of China. Average Salary The most typical earning is 117,505 CNY. 1,558,699 CNY, 1,558,700 CNY -
* Based on the average change in salary over time. The correlation between higher education and higher salary is widely acknowledged, but how much of an income increase can one expect from obtaining a degree?We conducted a study in China comparing the salaries of professionals with different levels of college degrees who held similar positions in various industries.Our results showed that individuals with a certificate or diploma earned an average of 17% more than those who only completed high school.Those who obtained a Bachelor's Degree earned 24% more than their counterparts with a certificate or diploma.Professionals with a Master's Degree earned 29% more than those with a Bachelor's Degree.Finally, those who held a PhD earned an average of 23% more than those with a Master's Degree while performing the same job. That signifies that the average income of half of the population is less than the pay that is considered to be the median. The average pay is determined by a number of factors, such as educational attainment, professional domain, number of years of experience, and industry (the public and private sectors). The only compliance way is hire employees through labor dispatch agency under PEO service. China has a great economic power these days and that is related to this change. China | Average Salary Survey Cost of living in China is, on average, 50.8% lower than in United States. What are the popular job portals in China for searching the candidates? 21 High Paying Jobs That Don't Require a College Degree! Below is the latest China individual income tax rate table: If you want to understand the detailed information regarding salary calculation in China, read the article. The difference between the public or government sector salaries and the private sector salaries in China is 6% on average across all career fields. Average Annual Average Salary When foreign companies begin hiring in China, salary in China is indeed a hot topic. To view accurate figures, choose a specific job title. WebA person working in China typically earns around 29,300 CNY per month. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Show sources information Add data for China Currency: Sticky Currency Switch to metric measurement units Prices in China According to the cost of living in that location, local salaries, as well as the supply and demand for labor in that area, In spite of this, we will continue to refer to the currency as the Chinese Yuan (CNY) for the whole of this article since it is the word that is most often used in contexts that are not China. The incomes of factory workers are still low compared to the workers in United States and Europe. IIT in China is calculated and declared on the monthly basis. Guanghua Road, No. Also from the diagram, 75% of the population earn less than 40,600 CNY while 25% earn more than that. The monthly median wage in China is 31,100 Yuan, which is equivalent to $4,813 USD. WebThe bare minimum wage In China, the minimum wage rates are set by the local government, not the central government. China Men receive an average salary of 424,402 CNY. The purpose of the minimum wage law is to guarantee that disposable income is sufficient to support a decent standard of living. China Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. Average salary in China data is declared by each company for all their employees hired and collected, announced by local government of each citys average salary yearly. Salaries are different between men and women. Severance payment in China is based on the number of years employee has worked for the company. The average salary in China refers to the average wage of income obtained by dividing the total wage of all workers in a given area for a given year by the number of workers employed during that time period. Employees that are directly involved in generating revenue or profit for the organization. 1,771,199 CNY, 1,771,200 CNY -
WebChina Average Yearly Wages - 2023 Data - 2024 Forecast - 1952-2022 Historical - Chart China Average Yearly Wages Summary Forecast Stats Download Wages in China increased to 114029 CNY/Year in 2022 from 106837 CNY/Year in 2021. source: National Bureau of Statistics of China 10Y 25Y 50Y MAX Chart Compare Export API Embed China It is possible for employees in China to expect a pay rise of around 9 percent every 15 months, although the size of the boost will vary depending on the nature of the employee's employment and the time period between increases. Many
When compared to smaller cities in provinces like as Hunan, Hubei, Liaoning, and Heilongjiang, Shanghai's minimum salaries are around twice as high. ", National Bureau of Statistics of China, Average annual income of employees working for urban non-private units* in China in 2021, by region (in yuan) Statista, https://www.statista.com/statistics/278350/average-annual-salary-of-an-employee-in-china-by-region/ (last visited July 09, 2023), Average annual income of employees working for urban non-private units* in China in 2021, by region (in yuan) [Graph], National Bureau of Statistics of China, October 31, 2022. In certain cases, a raise in pay may not even take place at all. Other cities in China include Shenzhen and Hangzhou. Average Salary 1,133,599 CNY, 1,133,600 CNY -
If employees are in the probationary period, both employee and employer shall give 3 days as notice period for termination. In 2021, an employee in the urban regions of the Chinese Jiangsu province earned around 115,100 yuan per annum on average. More experienced software senior developers receive around 180,000 CNY or more per year. (October 31, 2022). The median salary is 26,800 CNY, which means that 50% of the population in China earns less than that while the other half earns more. Latest data on Minimum Wages (CNY/Month) Chart Historical Chart What is minimum wage in China? Profit from the additional features of your individual account. If you are interested in the salary of a particular job, see below for salaries for specific job titles. Our in-country local experts are also experienced in assisting businesses to compliantly establish their own legal entity in China. 1,346,099 CNY, 1,346,100 CNY -
WebFull-time ESS Sales Engineer 45k - 50K RMB per month Full-time Overseas Social Media Manager 15K - 20K RMB per month Full-time US Operation Director HiredChina Negotiable Full-time International Sales Manager Storepower Technology (Hangzhou) Co., Ltd. One yuan equals approximately 0.15 U.S. dollars and 0.15 euros (as of August 2022). 318,799 CNY, 318,800 CNY -
WebAverage wages can differ from median wages; for example, the Social Security Administration estimated that the 2020 average wage in the United States was $53,383, while the 2020 median wage was $34,612. 247,999 CNY, 248,000 CNY -
Average monthly salary in major cities nears a) Hire employee through the PEO/employment service. National Bureau of Statistics of China. The following are the most significant aspects of Chinese payroll and China salary that you should be aware of. 212,499 CNY, 212,500 CNY -
This method is more accurate than just the average salary and gives more insights into how salaries are actually distributed in China. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned. 425,099 CNY, 425,100 CNY -
Their field of expertise usually matches the type of business. Based on education, the highest salaries receive people with Masters Degree with salary of 455,559 CNY. Employee net salary in China is the amount received after taxes, which can also be considered pocket money, and is deposited into the employees bank account. Average salary = (12 months salary + bonus + allowance + overtime pay)/12. Interactive map Official data is published by several organizations like the World Bank, International Monetary Fund or the OECD on a regular basis. Salaries vary drastically between different careers. The median represents the middle salary value. Average annual income of employees working for urban non-private units* in China in 2021, by region (in yuan) [Graph]. 15, Chaoyang District, Beijing, China, How to Calculate Employee Salary in China? Your use of this service is subject to our, Meal for 2 People, Mid-range Restaurant, Three-course, McMeal at McDonalds (or Equivalent Combo Meal), Beef Round (1 lb) (or Equivalent Back Leg Red Meat), Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car), Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car), Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment, Mobile Phone Monthly Plan with Calls and 10GB+ Data, Internet (60 Mbps or More, Unlimited Data, Cable/ADSL), Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child, International Primary School, Yearly for 1 Child, 1 Summer Dress in a Chain Store (Zara, H&M, ), Price per Square Feet to Buy Apartment in City Centre, Price per Square Feet to Buy Apartment Outside of Centre, Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate, A family of four estimated monthly costs are, A single person estimated monthly costs are. In practice, employer will sign a fixed term contract with their employee. "Average Annual Income of Employees Working for Urban Non-private Units* in China in 2021, by Region (in Yuan). The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency. [China Payroll Guide]. The national average reached about 106,800 yuan in 2021. Percentage increase and decrease are relative to the previous value. A good compensation in China would range anywhere between 26,800 CNY and 40,600 CNY. Package: gross salary, bonus, commission, social insurance, other benefits. China Below is one example for social security contribution rate in Shanghai. 956,499 CNY, 956,500 CNY -
It will move them to higher-end goods. Chinese employees are likely to observe a salary raise of approximately 9% every 15 months, 3. All data are based on 2,636 salary surveys. 566,799 CNY, 566,800 CNY -
Chinese How to compare your salary. Typically, the standard of monthly minimum wage applies to full-time employees, whereas the standard of hour minimum wage applies part-time employees. Average Salary Despite the fact that the phrase "annual pay" indicates a wage increase every 12 months, this is not always the case. Companies within thriving industries tend to provide higher and more frequent raises. Men receive an average salary of 435,013 CNY. According to the cost of living in that location, local salaries, as well as the supply and demand for labor in that area, Sign a two years or three years contract is more common in China. One yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of June 2023). At the lower end of the wage spectrum, Guangxis minimum wage level (RMB 1,430/US$197 per month) is slightly higher than that in Liaoning (RMB 1,420/US$195 per month). Those on salaries of 2,000 to 5,000 yuan (US$295 to US$740) a month were deemed middle income, while a relatively high monthly income was 5,000 to 10,000 yuan (US$740 to US$1,480). 779,299 CNY, 779,300 CNY -
Employees that support and facilitate the work of revenue generators. 1,275,299 CNY, 1,275,300 CNY -
Employee monthly gross salary in China is the salary amount before taxes; this figure is typically the same as stated in the labor contract. The maximum rate of minimum wage for employees was 2480 CNY/Month and minimum was 690 CNY/Month. WebAverage wages can differ from median wages; for example, the Social Security Administration estimated that the 2020 average wage in the United States was $53,383, while the 2020 median wage was $34,612.