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January 11, 2016

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Higher salary on offer for new grads

OVER 12,400 graduates and undergraduates showed up at a job fair at the Shanghai Mart over the weekend, with 3,655 applicants getting interview calls.

The participating companies received 20,440 applications, the organizer of the fair said.

About 500 companies, including state-owned enterprises, private and foreign companies, put up about 10,000 jobs on offer. The average monthly salary for new graduates was between 4,000 to 6,000 yuan (US$914), slightly higher than last year.

Over 183,000 students graduated from Shanghai universities and colleges this year, 6,000 more than last year. But the number of graduates among native Shanghainese had fallen.

About 70 percent of graduates from outside Shanghai prefer to work in the city, but the high living costs, fierce competitions and the preferential policies offered by other Chinese cities are luring them away.

The issue of second child was also a factor, some of the female applicants said. They claimed they were asked about their plans for having a family. China amended the family planning law last year, ending the one-child policy that had existed for decades and allowing couples to have two children now.




 

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