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. WebThe bare minimum wage In China, the minimum wage rates are set by the local government, not the central government. Around 65% of all reported figures are in the range 17,800 CNY to 45,800 CNY. Frequently asked questions for payroll and hiring employees in China. Men receive an average salary of 424,402 CNY. Add data for China Currency: Sticky Currency Switch to metric measurement units Prices in China WebA person working in China typically earns around 29,300 CNY per month. You can either choose to handle their payroll land benefits yourself, or you can choose to outsource. 70,799 CNY, 70,800 CNY - If you are an admin, please authenticate by logging in again. Cost of living in China is, on average, 50.8% lower than in United States. The most typical earning is 117,505 CNY. Minimum wages in China continue to rise. If you have no legal entity in China to handle your employees payroll, engage a China PEO vendor or employment outsourcing agency in China to ensure the compliance. All data are based on 2,636 salary surveys. Men receive an average salary of 435,013 CNY. WebThe average gross annual wage per full-time employee in the USA was $74,738 in 2021, or around $6,228 per month ($4,648/year more than in the previous year). "Average Annual Income of Employees Working for Urban Non-private Units* in China in 2021, by Region (in Yuan). WebMaximum and Minimum Salary Range. It is possible for there to be a large disparity in the rates at which wages are increased from one employer to the next. 106,299 CNY, 106,300 CNY - Not all compensation increases are reflected directly in the salary. 1,771,199 CNY, 1,771,200 CNY - 177,099 CNY, 177,100 CNY - Your use of this service is subject to our This is the average salary including housing, transport, and other benefits. If employees monthly salary is higher than 3 times local average monthly salary, each year of the severance payment compensated shall be 3 times local average monthly salary. WebA person working in China typically earns around 29,300 CNY per month. JSC is a professional service company that assists foreign-invested companies in doing businesses in China. Understanding the payroll system in China and how to calculate China salary is also critical for international companies doing business in China to maintain employment compliance in China. There was an error trying to send your message. Women receive a salary of 292,381 CNY. So who gets paid more: men or women? People tend to confuse bonuses with commissions. Employees in China are likely to observe a salary increase of approximately 9% every 15 months. 1,416,999 CNY, 1,417,000 CNY - 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 most typical earning is 117,505 CNY. WebAnswer (1 of 2): You may have heard that wages in China is very cheap but recently, it seems like the situation has been changing. Use Ask Statista Research Service. The survey was conducted among 126,000 bachelor graduates and 148,000 higher vocational college graduates. Ten percent of wages are from 45,800 CNY to 58,500 CNY. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). Salaries in China are differed from industry, position, cities and usually adjusted on the yearly basis. Anyuan Road, No. This is the average monthly salary including housing, transport, and other benefits. 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. What is the notice period for terminate the employment relationship? 141,699 CNY, 141,700 CNY - One yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of June 2023). 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 Overtime pay, allowances for unusual working conditions, and statutory perks are often not included in the minimum China salary. Our core services China PEO and employment solution enables foreign investors to hire employees in China without setting up any company which allow them to expand into China market in days, not months. Available: https://www.statista.com/statistics/278350/average-annual-salary-of-an-employee-in-china-by-region/, Average annual income of employees working for urban non-private units* in China in 2021, by region, Immediate access to statistics, forecasts & reports, Working-age population in China 1980-2050, Female labor participation rate in China 2012-2022, Male labor participation rate in China 2012-2022, Number of employees in urban and rural areas of China 2012-2022, Distribution of the workforce across economic sectors in China 2012-2022, Number of employed persons in China 2019-2021, by work unit, Employment in urban units in China 2021, by industry, Employment in urban units in China 2021, by region, Employment in urban private units and self-employment in China 2019, by industry, Monthly surveyed urban unemployment rate in China May 2021-2023, Monthly surveyed urban youth unemployment rate in China May 2021-2023, Number of unemployed people in urban China 2012-2022, Unemployed people in urban China 2021, by region, Unemployment insurance revenue and expenditure in China 2012-2022, Contributors and beneficiaries of unemployment insurance in China 2012-2022, Average salary of an employee in urban China 2022, by sector, Average salary of an employee in urban China 2021, by region, Annual salary of private unit employees in urban China 2012-2022, Monthly minimum wage in China 2023, by region, Labor productivity per hour in China 2005-2021, Number of migrant workers in China 2012-2022, Distribution of migrant workers in China 2012-2022, by age, Distribution of migrant workers China 2012-2022, by gender, Distribution of migrant laborers China 2014-2022, by education, Regional distribution of migrant laborers in China 2022, by place of origin, Monthly income of migrant workers in China 2020-2022, by industry, Average first-team player pay per year of Udinese Italy 2015-2020, Average first-team player pay per year of Marseille France 2015-2020, Average first-team player pay per year of Montpellier France 2015-2020, Average first-team player pay per year of Sampdoria Italy 2015-2020, Average first-team player pay per year of Chievo Italy 2015-2019, Average first-team player pay per year of Sassuolo Italy 2015-2020, Average first-team player pay per year of Everton in the UK 2015-2020, Average first-team player pay per year of Hoffenheim in Germany 2015-2020, Average first-team player pay per year of Freiburg Germany 2015-2020, Average first-team player pay per year of Saint-Etienne France 2015-2020, Average first-team player pay per year of Manchester United in the UK 2015-2020, Average first-team player pay per year of Bayer Leverkusen in Germany 2015-2020, Average first-team player pay per year of Augsburg Germany 2015-2020, Average first-team player pay per year of Lille France 2015-2020, Average first-team player pay per year of Roma Italy 2015-2020, SDG India index on sustainable cities and communities 2021, by state, Average annual wage in the IT sector in Spain 2016, by technology type, R&D director in chemical industry salary per annum South Korea 2019-2020, Breakdown of per capita monthly spending on non-food in urban areas Indonesia 2022, Average annual income of employees working for urban non-private units* in China in 2021, by region (in yuan), Find your information in our database containing over 20,000 reports, respective industry had a large influence on the average annual salary of employees in urban China. Approximately 20% fall under the 17,800 CNY cap. 885,599 CNY, 885,600 CNY - Rent in China is, on average, 67.0% lower than in United States. All data are based on 2,636 salary surveys. If employees are in the probationary period, both employee and employer shall give 3 days as notice period for termination. 3. 21 High Paying Jobs That Don't Require a College Degree! 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. The minimum wage in China is 7,410 Yuan, while the highest pay that can be earned in China is 1,311,000 Yuan. The other half, on the other hand, makes far more than the median wage. In, National Bureau of Statistics of China. WebA single person estimated monthly costs are 567.7$ (4,104.4) without rent. Governments are raising minimum wages. 991,899 CNY, 991,900 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 Do you live in China? Minimum wages in China continue to rise. October 31, 2022. Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. Salaries vary drastically between different careers. Top Tips For Hiring Employees in China [2022 Complete Hiring Practices]. and over 1Mio. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary. With an average monthly income of around 2,480 Yuan, employees in Shanghai earn the highest average wage in the country. All data are based on 2,636 salary surveys. Do you live in China? The average salary in China ranges from 7,410 Yuan per month (USD 1,066) to 131,000 Yuan (USD 18,842) per month with 7,410 Yuan being the minimum salary and 131,100 Yuan being the maximum salary. The regularity with which wage increases are granted varies from firm to 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. 389,699 CNY, 389,700 CNY - facts. Reading from the salary distribution diagram, 25% of the population in China earn less than 19,400 CNY while 75% of them earn more. The maximum rate of minimum wage for employees was 2480 CNY/Month and minimum was 690 CNY/Month. Latest data on Minimum Wages (CNY/Month) Chart Historical Chart What is minimum wage in China? Women receive a salary of 299,691 CNY. Because of the large number of middle-class people in China, it is difficult for the government to control the minimum wage legislation in each individual state. Average annual salary increase. Where can you get paid more, working in a private company or the government? The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. Factories are increasing payments to workers. China won't lose its manufacturing because it have a huge domestic market. Comparisons improve with every new data that you enter. Our in-country local experts are also experienced in assisting businesses to compliantly establish their own legal entity in China. Labor contract in China shall be at least in Chinese, and including but not limited to: Company details including full name, address and legal representative or person in charge. Average salary = (12 months salary + bonus + allowance + overtime pay)/12. Hourly jobs pay per worked hour. The China Minimum Wage Regulations (CMWR) stipulated that regional governments shall raise the minimum wage as soon as possible and at least once every two years, as a result of this. Hr, Hr Business Partner, Hr Analyst, Hr Coordinator, Benefits Specialist. People in top positions can easily get double or triple bonus rates than employees down the pyramid. Privacy Policy. Interactive map Official data is published by several organizations like the World Bank, International Monetary Fund or the OECD on a regular basis. Now that we've established that, let's have a look at the many components that go into calculating the average income in China. 3. The average income in China varies significantly across cities and provinces. IIT in China is calculated and declared on the monthly basis. Companies within thriving industries tend to provide higher and more frequent raises. Different experiences affect earning as well. 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). Under 10K RMB per month Full-time Solar Sales Director HiredChina Negotiable Full-time Then you can access your favorite statistics via the star in the header. The average income is also influenced by a number of characteristics such as education, industrial domain, amount of experience, and industry sector (the public and private sectors). The minimum wage in China is 7,410 Yuan, while the highest pay that can be earned in China is 1,311,000 Yuan. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation. In China, employees individual income tax (personal tax) shall be declared monthly by the employer, and yearly by employee themselves. Average salary in China is 379,658 CNY per year. The hourly earning in southern China is only about 80 cents per hour. 673,099 CNY, 673,100 CNY - Do I need a company in China to hire employees? All data are based on 2,636 salary surveys. Each full year employee worked for your company, one month salary shall be paid as severance payment. Check more on the average salary in China. These numbers may vary from one industry to another. The country has become increasingly competitive in attracting top talent, both domestically 1, Jingan District, Shanghai, China. 15, Chaoyang District, Beijing, China, How to Calculate Employee Salary in China? China has a great economic power these days and that is related to this change. 2. 247,999 CNY, 248,000 CNY - 1,062,699 CNY, 1,062,700 CNY - However, when it goes to the third time renewal of the contract, then the contract becomes to a permanent contact. China has a great economic power these days and that is related to this change. National Bureau of Statistics of China. WebA person working in China typically earns around 29,300 CNY per month. 3. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Show sources information c) Hire employee under representative office (Ro), Representative office in China is not allowed to hire employees directly. The minimum pay rate per hour for a person in China is 43 CNY. Under 10K RMB per month Full-time Solar Sales Director HiredChina Negotiable Full-time 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. Cost of living in China is, on average, 50.8% lower than in United States. Both are indicators. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Employees that are directly involved in generating revenue or profit for the organization. In China, the average monthly wage is 29,300 Yuan (Chinese Yuan), which is equal to USD 4,534 (US dollars) per month based on the currency rate in July 2021, or USD 4,534 (US dollars) per month in the United States. A good compensation in China would range anywhere between 26,800 CNY and 40,600 CNY. National Bureau of Statistics of China. One major difference between salaried employees and hourly paid employees is overtime eligibility. To view accurate figures, choose a specific job title. According to China's National Bureau of Statistics, the country's total work force was 805.7 million people as of January 2019. If employer need immediate termination, employer shall compensate one month salary. Example:A graphics designer working for a graphics designing company. JSC prepare a comprehensive China salary guide in 2022 by different industry and section in China. How to handle employees individual income tax in China? 495,899 CNY, 495,900 CNY - Accessed July 09, 2023. https://www.statista.com/statistics/278350/average-annual-salary-of-an-employee-in-china-by-region/. Men receive an average salary of 424,402 CNY. 920,999 CNY, 921,000 CNY - Guanghua Road, No. 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. For these reasons, there is a significant difference in minimum wages among all big and small communities in the United States. Despite its large population, China is able to generate around 13 million new employment every year in metropolitan areas of the country. Shenzhen and Hangzhou are two further cities that may be found in China. Both employees and employers are required to contribute to mandatory social security on a monthly basis. Employees are responsible for completing their annual tax returns on a yearly basis. The national average reached about 106,800 yuan in 2021. If your wage is between the average and the median, then things can be a bit complicated. 531,399 CNY, 531,400 CNY - Chart. The average monthly pay in China is 29,300 Yuan (Chinese Yuan), which, using the exchange rate that was in effect in July 2021, is comparable to 4,534 USD (US dollars) in the United States. Such amount shall be deducted from employees monthly gross salary. The difference in increment rates is somehow justified because employers put more effort to retain more experienced staff since they are harder to acquire than less experienced ones. The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase. The difference between the public or government sector salaries and the private sector salaries in China is 6% on average across all career fields. 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. The workers from rural provinces usually earn about US$200 a month, working six or seven days a week. Salaries vary drastically between different careers. However, if one can afford the financial costs of obtaining a higher degree, the return on investment is likely to be worthwhile, with the ability to recoup the costs in approximately a year. To view accurate figures, choose a specific job title. Example:A graphic designer in the marketing department of a hospital. 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). 1,346,099 CNY, 1,346,100 CNY - Please create an employee account to be able to mark statistics as favorites. The average pay of 8,452 yuan per month represents a 5 percent increase compared with last quarter and a 7.9 percent increase from a year earlier, the report said. We wrote a guide to explain all about the different scenarios. 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. Salaries range from 7,410 CNY (lowest average) to 131,000 CNY (highest average, actual maximum salary is higher). Minimum Wages in China remained unchanged at 2590 CNY/Month (357.695 USD/Month) in 2023. Minimum Wages in China remained unchanged at 2590 CNY/Month (357.695 USD/Month) in 2023. 708,499 CNY, 708,500 CNY - Minimum wage per hour in China 2023, by region, Average salary of an employee in urban China 2012-2022. Do you live in China? SC is a professional service company that assists foreign-invested companies in doing businesses in China. If you are interested in the salary of a particular job, see below for salaries for specific job titles. Salary Increase on an Annualized Basis. Minimum Wages in China remained unchanged at 2590 CNY/Month (357.695 USD/Month) in 2023. 814,799 CNY, 814,800 CNY - As of July 6, 2023, Shanghai. 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 country has become increasingly competitive in attracting top talent, both domestically 1,275,299 CNY, 1,275,300 CNY - The country has become increasingly competitive in attracting top talent, both domestically You only have access to basic statistics. (October 31, 2022). How can I contribute to the social benefits (mandatory benefits) of my employees in China? Minimum wages in China continue to rise. A paid subscription is required for full access. Every employed person on the world should know this website. 956,499 CNY, 956,500 CNY - The survey was conducted among 126,000 bachelor graduates and 148,000 higher vocational college graduates. The national average reached about 106,800 yuan in 2021. "Average annual income of employees working for urban non-private units* in China in 2021, by region (in yuan)." In China, the monthly salary ranges from a minimum of 7,410 Yuan, which is comparable to $1,145 USD, to a maximum of 1,311,000 Yuan, which is equivalent to $20,245 USD. Chinese cities such as Beijing, Guangzhou, Shanghai, Tianjin, Shenzhen, and Hangzhou provide greater incomes than other cities in the country, according to the World Bank. Usually Tier 1 city like Shanghai, Beijing and Shenzhen is higher than the small cities in China. The amount of the bonus will probably be different from person to person depending on their role within the organization. Please contact us if you require any other information on China PEO. According to the cost of living in that location, local salaries, as well as the supply and demand for labor in that area, Package: gross salary, bonus, commission, social insurance, other benefits. In 2021, an employee in the urban regions of the Chinese Jiangsu province earned around 115,100 yuan per annum on average. 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).
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