Big salary rises seen as firms continue to expand
Print Edition
ADVANCED manufacturing and digital professionals in Shanghai are most likely to receive higher salaries if they change jobs due to hot demand for their expertise, recruiter Robert Walters said in a survey yesterday.
In the manufacturing sector, salaries could jump between 20 and 30 percent for general management, supply chain, and quality control professionals as companies continue to expand, the survey said.
Notable pay increases are also envisioned for digital talent as financial, consumer goods, and information technology companies are eager to expand their online business.
Employers tend to be generous in hiring personnel with e-commerce experience, Internet finance product designers, and information technology engineers, the report added.
Overall, employees who change jobs could see their salaries rise 15 to 25 percent while those who remain in their positions may get pat rise of 6 to 8 percent, Robert Walters said.
Increasing use of automobiles in smaller cities in China is also helping manufacturers and other companies expand, creating demand for plant control and procurement professionals across various sectors, the report said.
However, employees in the traditional financial sectors could see a slower pay increase.
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