China MP Employment Outlook 2018 EN
China MP Employment Outlook 2018 EN
China MP Employment Outlook 2018 EN
“Digital is one of the hottest areas in China’s talent market, with unique opportunities and challenges. We
have seen a significant increase in demand for candidates in creative roles including content, UX/UI, mobile
marketing, and digital production.”
By the numbers*
15% 21-25%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
“ Digital candidates will be in high demand in healthcare and education, along with entertainment, as online
media begins to focus on short video and other content. Companies need candidates with a mixed skillset,
such as e-commerce marketing and industry experience.”
• Social Media
• Content (Creative / Operation / Entertainment Online Media
Development)
• Digital Marketing
Education Healthcare
By the numbers*
5% 26-30%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
“In 2018, digital will see huge demand for candidates across industries, as companies move from traditional
methods of doing business to online. E-commerce roles in South China will grow, attracting candidates
from North and East China as well.”
• E-commerce Managers /
Directors
• Internet Operation Managers / 3C / High Technology Fin-Tech
Directors
• Digital Marketing Managers /
Directors Internet Retail
By the numbers*
40% 16-20%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
Salary Tables
Account Manager 300 500 400 300 500 400 200 400 300
Account Director 500 800 650 500 800 650 300 600 450
Digital Executive 200 300 250 200 300 250 200 300 250
Digital Manager 500 900 700 300 500 400 400 700 550
Digital / Online Strategy Manager 400 700 550 400 700 550 400 700 550
Digital / Online Strategy Director 800 1200 1000 500 800 650 600 1000 800
Digital Content Manager 300 500 400 300 500 400 200 500 350
Digital Production Manager 300 500 400 400 700 550 200 500 350
E–Commerce Manager 500 900 700 300 500 400 300 600 450
Head of Digital 900 1600 1250 800 1500 1150 600 1000 800
Head of E–Commerce 900 1600 1250 800 1600 1200 800 1200 1000
Online Sales / BD Manager 500 900 700 500 900 700 300 600 450
Mobile Marketing Manager 400 600 500 400 800 600 300 600 450
PPC Manager 300 400 350 300 500 400 200 500 350
Product Manager 250 400 325 300 500 400 250 600 425
Product Director 1000 1500 1250 700 1200 950 600 1000 800
SEO Manager 300 550 425 300 400 350 300 500 400
Social Media Executive 200 300 250 200 300 250 100 300 200
Social Media Manager 300 600 450 300 500 400 250 400 325
Web Analytics Manager 250 400 325 250 400 325 200 400 300
User Experience Designer 300 600 450 300 600 450 200 600 400
Head of User Experience 800 1500 1150 800 1200 1000 500 1200 850
COO / General Manager 1000 1500 1250 1000 2000 1500 1000 1500 1250
Digital Advertising Sales Director 600 1200 900 500 1000 750 – – –
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there
are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash),
excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in
these figures. Refer to our online version at https://www.michaelpage.com.cn/salary-report
“Demand for education candidates is growing in 2018, with the acceptance of the international education
method and the idea of education as an investment. Many groups are investing in education, increasing
demand for quality professionals.”
By the numbers*
8% 16-20%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
Salary Tables
General
SHANGHAI
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there
are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash),
excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in
these figures. Refer to our online version at https://www.michaelpage.com.cn/salary-report
“Demand for candidates in engineering and manufacturing is growing, especially in the domestic market.
Semiconductor companies, energy companies, automotive and other industries are focusing on R&D. We
also see high demand for quality, ISO process and EHS roles.”
By the numbers*
15% 16-20%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
“With the increase of labour cost in China, more MNCs companies are moving out of the region, which will
bring a huge business growth for domestic companies. This will increase demand for middle to senior level
positions.”
• Plant Managers
Automotive Manufacturing Industry
• Quality Managers
• Operation Excellence Managers
By the numbers*
22% 21-25%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
“With the upgrading of the manufacturing industry, advanced manufacturing, digital manufacturing and
industry 4.0 candidates are in high demand, along with R&D and engineering due to product development.
With the environmental protection policy, companies need EHS talent.”
• Quality Directors
FMCG Medical Device
• General Managers
• Engineering Directors
Automotive High-Tech
By the numbers*
10% 21-25%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
“In engineering and manufacturing, we foresee a higher need for automation experience, and a high value
placed on candidates who have worked or studied overseas, especially for senior roles.”
• Operation Managers
Consumer Electronics/ Consumer Goods
• EE / ME Home Appliances
• EHS / IE
By the numbers*
22% 21-25%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
“In 2018, we will see the trends of automation continuing for engineering and manufacturing, resulting
in increased demand for automation candidates. We see emerging markets in pharmaceutical and new
materials sectors in Southern China.”
• Operation (Industrial or
Machinery Industry)
Electronics Automation / Machinery
By the numbers*
23% 11-15%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
Salary Tables
SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
Engineer 100 500 300 72 400 236 150 450 300 120 400 260 80 500 290
Manager 300 800 550 240 600 420 350 800 575 270 600 435 150 700 425
Director 650 1300 975 500 1000 750 700 1100 900 550 1200 875 500 1000 750
Vice President 1300 1700 1500 800 1500 1150 1000 1500 1250 900 1500 1200 600 1200 900
Production
SHANGHAI SUZHOU BEIJING SHENZHEN GUANGZHOU
SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
Supervisor 150 300 225 150 250 200 150 250 200 150 250 200 70 220 145
Manager 250 500 375 250 500 375 250 500 375 220 450 335 150 600 375
Director 600 900 750 450 700 575 450 800 625 450 800 625 300 750 525
Vice President 1100 1600 1350 700 1000 850 900 2500 1700 750 1200 975 500 1200 850
Quality
SHANGHAI SUZHOU BEIJING SHENZHEN GUANGZHOU
SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
Supervisor 250 400 325 120 200 160 120 220 170 200 300 250 100 350 225
Manager 300 700 500 250 600 425 300 700 500 250 550 400 180 700 440
Director 700 1200 950 600 1000 800 800 1100 950 500 1000 750 500 1200 850
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there
are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash),
excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in
these figures. Refer to our online version at https://www.michaelpage.com.cn/salary-report
Salary Tables
SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
Engineer 150 250 200 96 250 173 100 300 200 200 350 275 120 350 235
Specialist 200 350 275 200 600 400 150 400 275 250 500 375 200 600 400
Expert 400 900 650 600 1000 800 400 800 600 500 850 675 500 1200 850
SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
Manager 400 700 550 300 600 450 300 600 450 300 550 425 300 650 475
Director 650 1200 925 600 900 750 600 1000 800 500 950 725 500 850 675
General Manager 1000 2100 1550 800 1200 1000 900 2000 1450 850 1500 1175 700 1200 950
Vice President 2100 3000 2550 1200 1500 1350 2000 3000 2500 1200 2000 1600 800 1500 1150
Project Management
SHANGHAI SUZHOU BEIJING SHENZHEN GUANGZHOU
SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
Engineer 120 300 210 100 250 175 150 250 200 120 250 185 100 300 200
Manager 250 600 425 150 450 300 250 550 400 240 600 420 150 600 375
Director 500 900 700 400 800 600 450 900 675 550 900 725 550 1000 775
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there
are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash),
excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in
these figures. Refer to our online version at https://www.michaelpage.com.cn/salary-report
“The finance and accounting market is very active in response to the overall positive forecast for the
Chinese economy. Both MNCs and local firms are aggressively hiring. In-demand skills are entrepreneurship
and strong commercial finance and business acumen.”
By the numbers*
25% 16-20%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
“In 2018, demand for finance candidates in Suzhou will continue to increase as domestic firms grow and
focus on taking business expansion overseas.”
• Finance Directors
Manufacturing Electronics
• Auditing Heads
• Tax Managers
Automotive Pharmaceutical
By the numbers*
28% 16-20%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
“Finance recruitment is in high demand with changing industries and a focus on a variety of roles.”
By the numbers*
10% 6-10%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
“In 2018, Finance will remain one of the strongest markets in Shenzhen, and maintain steady growth.
As more MNCs move to 2nd and 3rd tier cities, and domestic companies grow, the need for high-calibre
finance candidates will also increase.”
By the numbers*
35% 15-20%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
“In 2018, we’re seeing trends in finance across industries, including a quick merger and acquisition pace,
in-depth financial controlling, upgraded IT solutions, and advanced taxation planning, all of which will
influence candidate demand.”
By the numbers*
41% 16-20%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
Salary Tables
SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
Accountant 70 150 110 30 180 105 80 200 140 120 150 135 100 120 110
Financial Analyst 220 450 335 120 300 210 100 300 200 120 250 185 120 250 185
Accounting Manager 250 650 450 300 450 375 150 400 275 180 350 265 200 350 275
Senior Financial Analyst 350 650 500 250 500 375 300 550 425 240 400 320 240 350 295
Finance Manager 350 850 600 300 600 450 300 700 500 250 600 425 300 600 450
Financial Planning & Analysis Manager 500 900 700 300 600 450 250 900 575 350 700 525 350 600 475
Financial Controller 700 1300 1000 500 700 600 500 1000 750 600 1000 800 600 1000 800
Regional Financial Controller 1100 1600 1350 700 1000 850 700 1000 850 700 1300 1000 700 1200 950
Finance Director, China 1100 1800 1450 800 1500 1150 800 1500 1150 720 1500 1110 800 2000 1400
Mergers & Acquisitions Director 1000 1800 1400 1000 1500 1250 600 1500 1050 1000 1800 1400 800 1200 1000
Head of Strategy / Business
1400 2000 1700 1000 1500 1250 600 1500 1050 900 1800 1350 1000 2000 1500
Development
Group CFO / Regional CFO 1500 2000 1750 2000 3000 2500 800 2000 1400 1300 2500 1900 1200 2500 1850
Board Secretary 600 1500 1050 500 1500 1000 600 1500 1050 600 1300 950 600 1200 900
SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
Treasury Accountant 120 200 160 100 300 200 80 200 140 120 150 135 100 150 125
Treasury Manager 400 800 600 350 700 525 300 700 500 250 700 475 300 600 450
Head of Treasury, Country 800 1300 1050 800 1200 1000 600 1000 800 700 1200 950 500 700 600
Regional Treasury Director 1200 1800 1500 1000 1500 1250 800 1500 1150 800 2000 1400 800 1200 1000
Funding Director 1200 2500 1850 800 2000 1400 - - - 700 1200 850 600 1000 -
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there
are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash),
excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in
these figures. Refer to our online version at https://www.michaelpage.com.cn/salary-report
Salary Tables
Taxation
SHANGHAI SUZHOU BEIJING SHENZHEN GUANGZHOU
SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
Tax Accountant 120 180 150 100 200 150 80 200 140 120 150 135 120 150 135
Tax Manager 360 850 605 350 500 425 250 700 475 250 700 475 300 700 500
Tax Director, China 850 1600 1225 800 1500 1150 600 1000 800 700 1500 1100 700 1500 1100
Regional Tax Director 1500 2200 1850 1200 2000 1600 1000 1800 1400 900 1500 1200 1000 2000 1500
Internal Audit
SHANGHAI SUZHOU BEIJING SHENZHEN GUANGZHOU
SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
Internal Auditor 220 450 335 100 300 200 100 350 225 180 300 240 180 300 240
Audit Manager, Commercial 450 900 675 400 800 600 350 750 550 300 600 450 300 600 450
Audit Manager, Big 4 450 800 625 500 800 650 350 1000 675 350 800 575 400 800 600
Head of Audit / Director of Audit 1000 1500 1250 800 1500 1150 700 1300 1000 800 2000 1400 800 2000 1400
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there
are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash),
excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in
these figures. Refer to our online version at https://www.michaelpage.com.cn/salary-report
“In financial services, we will see new funds set up by seasoned investment professionals in prestigious
private equity/venture capital funds. We foresee a hiring trend in fund managers and equity analysts for the
new Shanghai-Hong Kong stock connection.”
By the numbers*
80% 26-30%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
“Continuing from last year, the traditional financial services industry continues to cool down in 2018, with
more and more traditional financial services business and non-financial services businesses beginning to
expand into the online market.”
Insurance PE
By the numbers*
45% 16-20%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
“The financial services market is evolving in 2018. For front office, expect high demand for experienced
candidates in TMT, healthcare, computer science and medical education. We also see a rising need for
finance director and investor relations.”
By the numbers*
7% 21-25%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
“We expect the financial services industry to keep growing in 2018. With mergers of larger companies, and
new Fintech businesses on the market, roles such as CRO/risk controller and investment roles will be in
high demand.”
By the numbers*
111% 21-25%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
“In 2018, we will see increased demand for candidates with risk management or compliance experience
as all financial services firms will have to pay more attention to risk prevention in a more regulated
environment.”
• Risk Management
Financial Holding PE / VC
• Investment
• Economics Strategists
By the numbers*
50% 16-20%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
Salary Tables
SELL-SIDE
SALES & TRADING SHANGHAI SUZHOU BEIJING SHENZHEN GUANGZHOU
ROLE SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
RESEARCH
MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
(EQUITY & FIXED INCOME)
Analyst 300 500 400 250 400 325 250 500 375 300 500 400 300 600 450
Associate 500 900 700 300 700 500 350 600 475 500 900 700 500 900 700
Vice President 900 1800 1350 700 1500 1100 400 1200 800 900 1800 1350 800 1200 1000
Director 1800 2500 2150 1500 2500 2000 600 1500 1050 2000 3000 2500 1000 2000 1500
TRADING
MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
(EQUITY & FIXED INCOME)
Analyst 300 600 450 300 500 400 300 500 400 300 600 450 200 500 350
Associate 600 1200 900 450 1000 725 400 600 500 600 1200 900 400 800 600
Vice President 1200 1800 1500 1000 1500 1250 700 1200 950 1200 1800 1500 800 1200 1000
Director 1800 3000 2400 1500 2000 1750 800 1800 1300 1800 3000 2400 1000 2500 1750
INVESTMENT BANKING /
MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
CORPORATE FINANCE
Analyst 350 750 550 350 600 475 300 750 525 350 750 550 350 600 475
Associate 750 1200 975 600 1000 800 500 1200 850 750 1200 975 500 800 650
Vice President 1200 1800 1500 1000 1800 1400 700 1800 1250 1200 1800 1500 800 1500 1150
Director 1800 3000 2400 1800 3000 2400 1000 2000 1500 1800 3000 2400 1000 2000 1500
SELL-SIDE
GLOBAL MARKETS SHANGHAI SUZHOU BEIJING SHENZHEN GUANGZHOU
ROLE SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
TRADER
MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
(FOREX, FIXED INCOME)
Associate 300 1200 750 300 1000 650 300 600 450 300 600 450 250 500 375
Vice President 1200 1800 1500 800 1500 1150 700 1200 950 600 1200 900 600 1200 900
Director 1800 3000 2400 1500 3000 2250 800 1800 1300 1000 2000 1500 800 1500 1150
MONEY MARKET MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
Associate 240 450 345 240 400 320 300 600 450 240 450 345 240 450 345
Vice President 450 750 600 400 700 550 700 1200 950 450 750 600 450 750 600
Director 750 1300 1025 700 1000 850 800 1800 1300 750 1300 1025 750 1300 1025
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there
are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash),
excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in
these figures. Refer to our online version at https://www.michaelpage.com.cn/salary-report
Salary Tables
SELL-SIDE
SHANGHAI SUZHOU BEIJING SHENZHEN GUANGZHOU
ROLE SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
MARKETS SALES MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
Associate 300 600 450 300 500 400 300 600 450 300 600 450 300 600 450
Vice President 600 1200 900 500 1000 750 700 1200 950 600 1200 900 500 800 650
Director 1200 1800 1500 1000 1500 1250 800 1800 1300 1200 1800 1500 800 1200 1000
SELL-SIDE
TRANSACTION BANKING SHANGHAI SUZHOU BEIJING SHENZHEN GUANGZHOU
ROLE SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
STRUCTURED / PROJECT FINANCE MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
Analyst 250 400 325 250 400 325 250 400 325 250 400 325 250 400 325
Associate 400 600 500 400 600 500 400 600 500 400 600 500 400 600 500
Vice President 600 1000 800 600 1000 800 600 1000 800 600 1000 800 600 1000 800
Director 1000 2500 1750 1000 2500 1750 1000 2000 1500 1000 2500 1750 800 1500 1150
CORPORATE /
TRANSACTION BANKING
MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
RELATIONSHIP MANAGEMENT
Analyst 200 350 275 200 350 275 200 350 275 200 350 275 200 350 275
Associate 350 600 475 350 600 475 350 600 475 350 600 475 350 600 475
Vice President 600 1000 800 500 1000 750 600 1000 800 600 1000 800 500 800 650
Director 1000 1000 1000 1000 1000 1000 1000 1500 1250 1000 1000 1000 800 1000 900
CORPORATE / TRANSACTION
MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
BANKING (PRODUCT)
Analyst 200 350 275 200 350 275 200 350 275 200 350 275 200 350 275
Associate 350 500 425 350 500 425 350 500 425 350 500 425 350 500 425
Vice President 500 800 650 500 800 650 500 800 650 500 800 650 500 800 650
Director 800 1500 1150 800 1500 1150 800 1500 1150 800 1500 1150 700 1200 950
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there
are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash),
excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in
these figures. Refer to our online version at https://www.michaelpage.com.cn/salary-report
Salary Tables
SELL-SIDE
MIDDLE / BACK OFFICE SHANGHAI SUZHOU BEIJING SHENZHEN GUANGZHOU
ROLE SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
INTERNAL AUDIT – FINANCIAL MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
Associate 150 500 325 150 500 325 300 500 400 150 500 325 150 500 325
Manager / Senior Manager 500 1000 750 500 1000 750 500 1000 750 500 1000 750 500 800 650
INTERNAL AUDIT – IT MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
Associate 150 500 325 150 500 325 300 500 400 150 500 325 150 500 325
Manager / Senior Manager 500 1000 750 500 1000 750 500 1000 750 500 1000 750 400 800 600
FINANCIAL / MANAGEMENT
MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
ACCOUNTING
Officer 100 300 200 100 300 200 200 300 250 100 300 200 100 300 200
Manager 300 600 450 300 600 450 300 700 500 300 600 450 300 600 450
Senior Manager 700 1000 850 700 1000 850 700 1000 850 700 1000 850 700 800 750
Director / CFO 1100 1800 1450 1100 1800 1450 1100 2000 1550 1100 1800 1450 1000 1500 1250
PRODUCT CONTROL & MIDDLE
MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
OFFICE
Manager 500 800 650 500 800 650 500 800 650 500 800 650 300 500 400
Director 800 1200 1000 800 1200 1000 800 1200 1000 800 1200 1000 600 1000 800
MARKET RISK MANAGEMENT MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
Analyst 150 250 200 150 250 200 200 300 250 150 250 200 150 250 200
Associate 250 600 425 250 600 425 300 600 450 250 600 425 250 500 375
Vice President 600 1000 800 600 1000 800 600 1000 800 600 1000 800 600 800 700
Director 1000 1300 1150 1000 1500 1250 1000 1300 1150 1000 1300 1150 800 1200 1000
CREDIT RISK MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
Analyst 150 300 225 150 300 225 200 300 250 150 300 225 150 300 225
Associate 300 500 400 300 500 400 300 500 400 300 500 400 300 500 400
Vice President 500 800 650 500 800 650 500 800 650 500 800 650 500 800 650
Director - - - 800 1500 1150 800 1200 1000 - - - 800 1000 900
OPERATIONS / SETTLEMENTS MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
Officer 100 200 150 100 200 150 150 200 175 100 200 150 100 200 150
Manager 200 500 350 200 500 350 200 500 350 200 500 350 200 500 350
Director 500 700 600 500 700 600 500 1000 750 500 700 600 500 700 600
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there
are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash),
excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in
these figures. Refer to our online version at https://www.michaelpage.com.cn/salary-report
Salary Tables
SELL-SIDE
MIDDLE / BACK OFFICE SHANGHAI SUZHOU BEIJING SHENZHEN GUANGZHOU
ROLE SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
COMPLIANCE MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
Officer 150 300 225 150 300 225 200 300 250 150 300 225 150 300 225
Manager 300 600 450 300 600 450 300 600 450 300 600 450 300 600 450
Director 800 1300 1050 800 1000 900 800 1300 1050 800 1300 1050 800 1300 1050
BUYSIDE
ASSET MANAGER & FUNDS SHANGHAI SUZHOU BEIJING SHENZHEN GUANGZHOU
ROLE SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
INVESTMENT MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
Research Associate 300 750 525 300 750 525 150 200 175 300 750 525 250 400 325
Research Analyst 750 1500 1125 750 1500 1125 200 300 250 750 1500 1125 400 600 500
Associate Portfolio Manager 500 800 650 500 800 650 300 400 350 500 800 650 500 800 650
Portfolio Manager 800 2500 1650 800 2500 1650 400 800 600 800 2500 1650 500 1200 850
CIO 2500 4000 3250 2500 4000 3250 800 1500 1150 2500 4000 3250 1000 2500 1750
EXECTION TRADING MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
Junior Trader 360 660 510 300 500 400 300 500 400 360 660 510 360 660 510
Senior Trader 660 1000 830 500 1000 750 500 1000 750 660 1000 830 660 1000 830
SALES MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
Analyst 300 450 375 300 450 375 300 450 375 300 450 375 300 450 375
Associate 450 750 600 400 750 575 450 750 600 450 750 600 450 600 525
Vice President 750 1000 875 600 1000 800 750 1000 875 750 1000 875 600 1000 800
Director 1000 1800 1400 1000 1800 1400 1000 1800 1400 1000 1800 1400 1000 1500 1250
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there
are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash),
excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in
these figures. Refer to our online version at https://www.michaelpage.com.cn/salary-report
Salary Tables
ROLE SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
INVESTMENT MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
Analyst 350 600 475 200 600 400 300 600 450 350 600 475 200 400 300
Associate 600 1000 800 400 800 600 400 1000 700 500 800 650 400 600 500
Vice President 1200 1800 1500 800 1500 1150 700 1500 1100 800 1200 1000 600 1200 900
Director 2000 2500 2250 1200 2500 1850 1000 2000 1500 1200 2000 1600 1200 2000 1600
BUYSIDE
MIDDLE / BACK OFFICE SHANGHAI SUZHOU BEIJING SHENZHEN GUANGZHOU
ROLE SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
INTERNAL AUDIT – FINANCIAL MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
Associate 200 400 300 200 400 300 300 500 400 200 400 300 200 400 300
Manager / Senior Manager 500 700 600 500 700 600 500 800 650 500 700 600 400 700 550
INTERNAL AUDIT – FINANCIAL MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
Associate 200 400 300 200 400 300 250 400 325 200 400 300 200 400 300
Manager / Senior Manager 500 700 600 500 700 600 500 700 600 500 700 600 400 700 550
FINANCIAL / MANAGEMENT AC-
MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
COUNTING
Officer 80 150 115 80 150 115 150 300 225 80 150 115 80 150 115
Manager 200 400 300 200 400 300 300 500 400 200 400 300 200 500 350
Controller / CFO 600 1200 900 600 1200 900 700 2000 1350 600 1200 900 600 1200 900
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there
are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash),
excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in
these figures. Refer to our online version at https://www.michaelpage.com.cn/salary-report
“In 2018, the healthcare and life sciences sector is highly active, especially among domestic players who
are expanding aggressively. As such, there’s a strong need for sales candidates, especially in account
management, sales and business development.”
• Sales Directors
Pharmaceutical Medical Device
• Sales Managers
• Key Account Managers
By the numbers*
65% 21-25%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
Salary Tables
General
SHANGHAI
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there
are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash),
excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in
these figures. Refer to our online version at https://www.michaelpage.com.cn/salary-report
“High demand for HR candidates will continue in 2018 with key skills being talent acquisition, business
partnering expertise, leadership development and organisational development. In-demand roles will include
senior HR positions, and talent and organisational development specialists, managers and directors.”
• L&D
Pharmaceutical Manufacturing
• HRBP
• HRM / HRD
By the numbers*
43% 11-15%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
“HR demand in 2018 will continue to increase in Suzhou. Following last year’s trends, most demand will
come from local Chinese companies, with many roles coming from manufacturing and TMT, along with
Shared Service Centre head roles.”
• SSC Heads
Retail Biology
By the numbers*
43% 16-20%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
“In 2018, talent and organisational development, and compensation and benefits will be the top HR
functions in demand, especially in fast-growing markets like technology, financial services, and real estate.
Local and SOE companies will seek candidates with multinational experience.”
• HRD
Internet / High-Tech Financial Service
• OD / TD
• C&B
By the numbers*
36% 16-20%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
“In 2018, HR will be an essential business function. Compensation and benefits, and organisational
development are the top two areas creating demand. Companies will continue making changes to attract
top talent; raising salaries and improving company culture and benefits.”
By the numbers*
40% 21-25%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
“In 2018, technology will impact the HR industry. It will help HR departments find passive candidates,
enable a remote workforce and help future-proof employees, all of which will impact demand for volume
and skillsets of HR candidates.”
• HRD / HRVP
Property Technology
• Organization Development
• HRBP
Manufacturing Retail
By the numbers*
200% 21-25%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
Salary Tables
SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
Payroll Specialist 100 150 125 150 200 175 100 180 140 150 300 225 150 200 175
Inhouse Recruitment Specialist 100 200 150 150 250 200 100 200 150 150 250 200 150 200 175
Training & Development Officer 100 180 140 150 200 175 150 200 175 200 300 250 150 250 200
Compensation & Benefits Specialist 100 300 200 120 250 185 200 260 230 100 250 175 150 200 175
Human Resources Advisor 150 250 200 180 300 240 200 300 250 200 400 300 150 300 225
Assistant Human Resources
150 250 200 180 300 240 200 400 300 100 250 175 200 350 275
Manager
HRIS Specialist 180 300 240 180 300 240 200 300 250 150 300 225 150 250 200
Learning & Development Advisor 250 400 325 200 350 275 200 400 300 150 250 200 150 250 200
Global Mobility Specialist 180 300 240 200 250 225 200 350 275 150 500 325 150 250 200
Payroll Manager 300 500 400 200 500 350 200 400 300 250 450 350 300 500 400
Learning & Development Manager 400 800 600 240 700 470 400 700 550 300 800 550 300 500 400
Human Resources Manager 400 800 600 300 700 500 350 700 525 200 700 450 300 500 400
Inhouse Recruitment Manager 300 600 450 240 500 370 300 650 475 200 600 400 300 500 400
Global Mobility Manager 400 800 600 300 700 500 250 500 375 300 800 550 300 600 450
Compensation & Benefits Manager 600 1200 900 600 1300 950 500 1200 850 400 1200 800 300 600 450
Compensation & Benefits Head 600 1200 900 600 1300 950 600 1300 950 600 1600 1100 500 800 650
Head of Resourcing 700 1200 950 600 1300 950 600 1500 1050 650 2000 1325 500 800 650
VP / Director Learning &
Development / Organisational 800 1500 1150 1000 1600 1300 800 1600 1200 600 2000 1300 800 1000 900
Development
Human Resources Director 800 1800 1300 800 2000 1400 800 2000 1400 700 2000 1350 800 1200 1000
Business Partner 800 1800 1300 800 2000 1400 800 2000 1400 500 1000 750 400 500 450
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there
are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash),
excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in
these figures. Refer to our online version at https://www.michaelpage.com.cn/salary-report
Salary Tables
SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
Human Resources Officer /
100 150 125 80 120 100 100 180 140 100 250 175 100 200 150
Coordinator
Training & Development Officer 100 150 125 120 220 170 100 180 140 200 400 300 100 200 150
Inhouse Recruitment Specialist 100 150 125 120 150 135 100 300 200 100 250 175 100 250 175
Compensation & Benefits Specialist 100 200 150 100 150 125 100 250 175 100 250 175 100 250 175
Human Resources Advisor 150 300 225 150 200 175 180 250 215 150 300 225 150 300 225
Assistant Human Resources Manager 150 300 225 200 250 225 180 300 240 250 400 325 250 400 325
Inhouse Recruitment Manager 300 800 550 180 240 210 250 600 425 200 400 300 200 400 300
Learning & Development Advisor 200 350 275 180 240 210 250 600 425 250 350 300 250 350 300
Learning & Development Manager 350 800 575 200 450 325 350 700 525 300 600 450 300 600 450
Compensation & Benefits Manager 300 800 550 250 450 350 350 700 525 350 600 475 350 600 475
Head Of Resourcing 600 1200 900 400 600 500 600 1200 900 500 1500 1000 500 800 650
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there
are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash),
excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in
these figures. Refer to our online version at https://www.michaelpage.com.cn/salary-report
“The IT market will see massive growth in 2018. We foresee increased need for candidates in big data, AI,
blockchain and cloud domains. The internet industry is growing, especially in automotive, financial services
and FMCG.”
• IT Business Partners
• Data Mining / Modelling Internet Pharmaceutical / Healthcare
By the numbers*
26% 21-25%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
“IT will be a booming marketing in 2018, especially in AI and big data, due to investments in technology
across industries. Expect a competitive market, as candidates with solid technical backgrounds and
specific knowledge are in short supply.”
• Algorithm Engineers
Internet Real Estate
• Big Data
• IT Business Partners
Financial Service AI
By the numbers*
5% 6-10%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
“IT will be a strong market in 2018. Investment in digital and AI will pick up as more local internet
companies go public overseas. Internet finance will face more difficulties due to tightening regulations and
risk control.”
• Technical Directors
Internet AI
• AI / Algorithm Scientists
• Java / C++ Engineer / Architect
By the numbers*
25% 16-20%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
“In 2018, technology will be in high demand in Guangzhou. Businesses will be seeking top candidates in
areas such as AI and big data. We also see huge market potential from the project based staffing projects
in various sectors.”
By the numbers*
31% 16-20%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
Salary Tables
Commerce
SHANGHAI BEIJING SHENZHEN GUANGZHOU
DEVELOPMENT, DESIGN & ARCHITECTURE SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
Programmer 96 420 258 150 800 475 120 250 185 120 180 150
Analyst Programmer 96 300 198 120 600 360 200 320 260 150 240 195
Systems Analyst 96 300 198 120 600 360 200 320 260 200 300 250
Enterprise Architect 350 800 575 300 800 550 500 700 600 500 800 650
Software Development 120 500 310 200 800 500 300 400 350 150 400 400
Application Development Manager 240 600 420 300 750 525 350 600 475 300 500 400
TESTING SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
QA Engineer 72 300 186 120 450 285 150 250 200 120 200 160
Test Analyst 72 300 186 120 450 285 150 250 200 150 250 200
Team Lead – Testing 144 360 252 200 450 325 200 350 275 250 350 300
Test Manager 240 500 370 250 500 375 300 500 400 300 500 400
DATABASE MANAGEMENT SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
Database Administrator 96 240 168 120 450 285 100 300 200 100 240 170
Data Warehousing / Modelling Specialist 180 450 315 300 600 450 280 800 540 240 500 370
Data Architect 300 800 550 300 800 550 300 700 500 300 600 450
INFRASTRUCTURE/NETWORK SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
Network Support – 1st / 2nd Level 96 180 138 120 400 260 100 300 200 100 200 150
Network Engineer 96 360 228 150 600 375 180 300 240 150 250 200
Network Architect 300 600 450 350 800 575 300 500 400 250 800 525
Security Analyst / Consultant 120 360 240 150 600 375 180 350 265 150 300 225
Security Manager 240 480 360 300 800 550 360 600 480 300 500 400
Infrastructure Manager 180 480 330 300 700 500 360 600 480 240 500 370
Senior Infrastructure Manager 300 600 450 350 800 575 480 700 590 400 800 600
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there
are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash),
excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in
these figures. Refer to our online version at https://www.michaelpage.com.cn/salary-report
Salary Tables
PROJECT & GENERAL MANAGEMENT SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
Project Co–ordinator 72 144 108 120 300 210 200 320 260 150 300 225
Project Manager 180 360 270 150 450 300 300 450 375 300 450 375
Senior Project Manager 240 600 420 350 650 500 400 600 500 400 550 475
Project Director 360 720 540 450 1,000 725 500 700 600 500 800 650
Business Analyst 96 300 198 120 300 210 200 320 260 120 250 185
Senior Business Analyst 180 300 240 120 450 285 300 420 360 300 500 400
IT Manager 240 660 450 150 450 300 320 550 435 250 500 375
IT Director 420 840 630 500 1,500 1000 500 1,000 750 600 800 700
Chief Information Officer 720 2000 1360 800 3000 1900 700 1,300 1000 800 1,000 900
SUPPORT / ADMINISTRATION SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
1st Level Helpdesk Analyst 72 180 126 120 350 235 100 300 200 100 200 150
2nd Level Desktop Support Analyst 96 240 168 120 350 235 180 350 265 150 250 200
3rd Level Support Analyst 180 300 240 120 350 235 250 350 300 180 300 240
Unix Administrator 72 216 144 120 500 310 180 300 240 150 300 225
Network Administrator 72 216 144 120 450 285 250 350 300 150 300 225
Helpdesk Manager 144 300 222 250 600 425 250 350 300 180 350 265
Service Centre Manager 240 360 300 250 600 425 250 350 300 240 500 370
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there
are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash),
excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in
these figures. Refer to our online version at https://www.michaelpage.com.cn/salary-report
Salary Tables
DEVELOPMENT, DESIGN & ARCHITECTURE SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
Analyst Programmer 96 420 258 120 600 360 150 350 250 150 300 225
Lead Analyst Programmer 96 480 288 120 600 360 250 380 315 250 350 300
Enterprise Architect 350 800 575 150 800 475 500 700 600 60 900 480
Software Development 240 420 330 200 800 500 300 400 350 200 450 450
Application Development Manager 300 600 450 300 750 525 400 700 550 400 800 600
DATABASE MANAGEMENT SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
Database Administrator 96 216 156 120 450 285 120 350 235 120 300 210
Data Warehousing / Modelling Specialist 180 420 300 150 450 300 300 800 550 300 500 400
Data Architect 300 800 550 300 700 500 430 650 540 400 600 500
INFRASTRUCTURE / NETWORK SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
Network Support – 1st / 2nd Level 96 180 138 120 300 210 120 330 225 120 250 185
Network Engineer 216 420 318 200 1,000 600 200 330 265 180 300 240
Security Analyst / Consultant 144 360 252 250 700 475 180 240 210 150 300 225
Network Architect 300 600 450 250 700 475 380 480 430 300 450 375
Security Manager 240 660 450 300 900 600 400 500 450 350 600 475
Infrastructure Manager 240 540 390 250 600 425 400 500 450 300 500 400
Senior Infrastructure Manager 300 660 480 350 800 575 500 700 600 450 850 650
PROJECT & GENERAL MANAGEMENT SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
Project Co–ordinator 72 144 108 120 350 235 230 350 290 180 300 240
Business Analyst 180 360 270 150 350 250 330 480 405 300 450 375
Senior Business Analyst 240 660 450 300 500 400 400 550 400 500 450
Project Manager 180 540 360 300 550 425 600 750 675 350 500 425
Senior Project Manager 240 540 390 120 400 260 350 500 425 400 600 500
IT Manager 240 600 420 200 600 400 330 480 405 350 500 425
Project Director 360 720 540 300 800 550 450 600 525 450 600 525
IT Director 420 840 630 500 1,200 850 600 1,200 900 500 800 650
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there
are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash),
excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in
these figures. Refer to our online version at https://www.michaelpage.com.cn/salary-report
Salary Tables
Chief Information Officer 720 2000 1360 800 3,000 1900 800 1,500 1150 700 1,000 850
SUPPORT / ADMINISTRATION SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
1st Level Helpdesk Analyst 72 180 126 120 300 210 120 330 225 120 240 180
2nd Level Desktop Support Analyst 96 240 168 120 300 210 200 380 290 170 300 235
Unix Administrator 180 300 240 120 450 285 280 380 330 200 350 275
Network Administrator 72 216 144 120 450 285 200 330 265 200 350 275
3rd Level Support Analyst 72 216 144 120 450 285 280 380 330 180 320 250
Helpdesk Manager 144 300 222 250 450 350 280 600 440 250 450 350
Service Centre Manager 240 360 300 250 500 375 280 380 330 200 350 275
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there
are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash),
excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in
these figures. Refer to our online version at https://www.michaelpage.com.cn/salary-report
“We remain positive on the overall legal market outlook in 2018 and forecast there will be rising demand
from domestic companies for compliance roles. The junior to middle level in-house market remains active
among MNCs and law firms.”
• Compliance Counsels
(Healthcare)
TMT Healthcare
• Group General Counsels
(Domestic)
• TMT Lawyers
Industrial Real Estate Asset Management
By the numbers*
35% 26-30%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
“2018 will be a year with increasing demand for transactional lawyers in the technology and digital sectors,
as cross-border investment and M&A activities continue to flourish within e-commerce.”
• M&A, PE / VC Lawyers
Pharmaceutical Technology
• IP Licensing Counsels
• General Corporate Counsels
By the numbers*
7% 16-20%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
“For legal in 2018, we foresee highest demand for head of compliance, in-house counsels and senior M&A
lawyers. Along with legal talents in financial services, demand will increase for industry-based functions in
Shenzhen including real-estate and internet.”
By the numbers*
167% 21-25%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
“2018 will be a year of significant growth in demand for legal experts with corporate finance transactions
experience, as domestic clients are becoming more aggressive in merger and acquisition activities.”
• Corporate Compliance
TMT Property
• Legal Directors
• IP
By the numbers*
100% 16-20%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
Salary Tables
SALARY RANGE (USD’000) SALARY RANGE (USD’000) SALARY RANGE (USD’000) SALARY RANGE (USD’000)
1st Year Associate USD180 USD180 USD180 USD180 USD180 USD180 USD180 USD180
3rd Year Associate USD210 USD210 USD210 USD210 USD210 USD210 USD210 USD210
5th Year Associate USD260 USD260 USD260 USD260 USD260 USD260 USD260 USD260
7th Year Associate USD300 USD300 USD300 USD300 USD300 USD300 USD300 USD300
SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
Newly Qualified – 2 years PQE 150 250 150 250 150 250 150 228
3 – 5 years PQE 250 550 250 550 250 550 350 550
6 – 8 years PQE 450 800 450 800 450 800 500 850
8 – 10 years PQE 600 1300 600 1300 600 1300 800 1300
10 – 15 years PQE 900 2000 900 2000 900 2000 1200 2000
15+ years PQE 1500 6000 1500 6000 1500 6000 1800 6000
SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
Newly Qualified – 2 years PQE 150 300 150 300 150 300 200 350
3 – 5 years PQE 350 550 350 550 350 550 400 800
6 – 8 years PQE 600 850 600 850 600 850 600 1000
8 – 10 years PQE 750 1300 750 1300 750 1300 800 1500
10 – 15 years PQE 900 2000 900 2000 900 2000 1000 2200
15+ years PQE 1800 6000 1800 6000 1800 6000 2000 6000
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there
are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash),
excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in
these figures. Refer to our online version at https://www.michaelpage.com.cn/salary-report
Salary Tables
SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
Paralegal (0 – 5 years) 144 540 144 540 150 500 144 540
Senior Paralegal (5+ years) 264 720 264 720 250 650 264 720
Translator (1 – 5 years) 180 384 180 384 180 384 180 384
Translator (5 – 8 years) 264 540 264 540 264 540 264 540
Translator (8+ years) 360 680 360 680 360 680 360 680
SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
Legal Assistant / Executive / Officer 150 250 150 250 150 250 150 250
Legal Officer / Manager 200 300 200 300 200 300 200 300
Legal Manager 300 1200 300 1200 300 1200 300 1200
US LAW FIRM SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
Junior Legal Secretary (1 – 3 yr) 100 120 100 120 96 120 100 120
Legal Secretary (3 – 5 yr) 120 200 120 200 120 240 120 200
Senior Legal Secretary (5+ yr) 200 400 200 400 200 400 200 400
Office Manager 400 1000 400 1000 400 1400 400 1000
Partner Secretary (5+yr) 180 300 180 300 180 300 180 300
NON-US INTERNATIONAL LAW FIRM SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX MIN MAX MIN MAX MIN MAX
Junior Legal Secretary (1 – 3 yr) 70 100 70 100 70 100 70 100
Legal Secretary (3 – 5 yr) 100 150 100 150 100 150 100 150
Senior Legal Secretary (5+ yr) 150 300 150 300 150 300 150 300
Office Manager 300 700 300 700 300 700 300 700
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there
are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash),
excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in
these figures. Refer to our online version at https://www.michaelpage.com.cn/salary-report
Salary Tables
MAJOR DOMESTIC LAW FIRMS SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
Senior Legal Secretary (5+ yr) 120 200 120 200 120 200 120 200
Office Manager 200 400 200 400 200 400 200 400
MAJOR DOMESTIC LAW FIRMS SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
Junior Legal Secretary (1 – 3 yr) 100 120 100 120 72 120 100 120
Legal Secretary (3 – 5 yr) 120 200 120 200 120 216 120 200
Senior Legal Secretary (5+ yr) 200 400 200 400 192 500 200 400
Office Manager 400 1000 400 1000 300 600 400 1000
Private Practice
BEIJING SHANGHAI GUANGZHOU SHENZHEN
US FIRMS SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
Associate 1st Year 100 140 100 140 100 140 100 140
Associate 3rd Year 120 180 120 180 120 180 120 180
Associate 5th Year 180 210 180 210 180 210 180 210
Associate 7th Year 210 250 210 250 210 250 210 250
Salary Partner 200 450 200 450 200 450 200 450
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there
are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash),
excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in
these figures. Refer to our online version at https://www.michaelpage.com.cn/salary-centre
Salary Tables
Private Practice
BEIJING SHANGHAI GUANGZHOU SHENZHEN
NON–US INTERNATIONAL FIRMS SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
Associate 1 year USD50 USD100 USD50 USD100 USD50 USD100 USD50 USD100
3 years PQE USD70 USD140 USD70 USD140 USD70 USD140 USD70 USD140
5 years PQE USD100 USD180 USD100 USD180 USD100 USD180 USD100 USD180
7 years PQE USD125 USD220 USD125 USD220 USD125 USD220 USD125 USD220
Salary Partner USD150 USD400 USD150 USD400 USD150 USD400 USD150 USD400
Private Practice
BEIJING SHANGHAI GUANGZHOU SHENZHEN
BIG LOCAL FIRMS SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
Newly Qualified 192 300 192 300 192 300 150 200
2 years PQE 264 336 264 336 264 336 300 350
4 years PQE 360 650 360 650 360 650 450 650
6 years PQE 420 960 420 960 420 960 500 960
8 years PQE 540 120 540 120 540 120 800 1200
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there
are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash),
excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in
these figures. Refer to our online version at https://www.michaelpage.com.cn/salary-report
“2018 will see increased demand for marketing candidates, particularly in integrated marketing, product
innovation, marketing intelligence, customer relationship management, communications and content. We
will see a demand for candidates with strong consumers insight and data analysis skills.”
By the numbers*
13% 21-25%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
“In marketing, we expect high demand in markets like AI, big data and branding, in industries such as
technology and IT. Most demand will come from Chinese domestic businesses.”
By the numbers*
45% 16-20%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
“Marketing talents will be in high demand especially when it comes to digital in roles such as mobile
internet, hi-tech, cloud and big data. Traditional markets such as IT hardware and telecommunications will
remain stable.”
By the numbers*
25% 21-25%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
“Demand for marketing candidates will keep growing in 2018 as more quality domestic companies grow, as
well as famous global brands, like Snapchat, open offices in Shenzhen.”
• Brand Directors
Consumer Electronics Fin-Tech
• CMOs
• Creative Directors
FMCG Internet
By the numbers*
15% 11-15%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
“In marketing in 2018, we see high demand for candidates experienced in digital, with both local and
international experience, especially in roles related to content marketing. This trend should continue across
industries, specifically retail, consumer goods and e-commerce.”
• CMO
Consumer Goods E-commerce
• Marketing Directors
• Digital Marketing Directors
By the numbers*
18% 16-20%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
Salary Tables
Agencies
SHANGHAI SUZHOU BEIJING SHENZHEN GUANGZHOU
SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
Account / Business Manager 350 600 475 300 600 450 300 500 400 200 400 300 300 400 350
Account / Business Director 500 800 650 500 800 650 600 900 750 400 800 600 400 600 500
Copywriter 250 350 300 200 300 250 200 400 300 200 400 188 125 250 188
Graphic Designer 200 300 250 - - - 300 450 375 200 400 300 200 300 250
Creative Director 800 1200 1000 - - - 400 800 600 500 1000 750 350 650 500
Strategy / Planning Manager 450 600 525 300 550 425 500 700 600 200 400 300 300 500 400
Strategy / Planning Director 600 900 750 500 900 700 500 900 700 400 800 600 400 600 500
Group Director 800 1200 1000 - - - 600 900 750 500 1000 750 500 900 700
Executive Director 1000 1500 1250 - - - 1500 1800 1650 800 1500 1150 500 800 650
Managing Director/General Manager 1500 3500 2500 - - - 2000 4000 3000 - - - 1000 1500 1250
Consumer Products
SHANGHAI SUZHOU BEIJING SHENZHEN GUANGZHOU
SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
Brand Manager / Product Manager 400 600 500 200 600 400 350 600 475 240 400 320 220 380 300
Category Manager 400 600 500 300 600 450 300 600 450 300 500 400 260 450 355
CRM Manager 300 600 450 300 600 450 300 600 450 300 400 350 250 350 300
Event Manager 300 500 400 200 450 325 300 500 400 300 500 400 260 460 360
Government Affairs Manager 400 600 500 200 600 400 400 700 550 300 400 350 260 360 310
Government Affairs Director 900 1500 1200 800 1800 1300 900 1500 1200 500 1500 1000 450 1450 950
Internal Communication Manager 400 600 500 300 500 400 300 500 400 300 500 400 280 480 380
Media Manager 350 500 425 250 450 350 300 500 400 300 500 400 280 480 380
Media Director 700 1200 950 650 1200 1200 700 1200 950 500 1200 850 450 1150 800
Marketing Manager 500 900 700 300 500 400 400 800 600 300 700 500 270 670 470
Marketing Director 1000 1800 1400 600 1200 900 1000 1800 1400 600 1500 1050 700 1500 1100
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there
are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash),
excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in
these figures. Refer to our online version at https://www.michaelpage.com.cn/salary-report
Salary Tables
Consumer Products
SHANGHAI SUZHOU BEIJING SHENZHEN GUANGZHOU
SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
Marketing VP 1200 1800 1500 900 1800 1350 2000 3000 2500 800 2000 1400 800 1500
PR / Corporate Communications
400 700 550 350 650 500 400 700 550 300 480 390 280 460 370
Manager
PR / Corporate Communications
800 1500 1150 550 1300 925 800 1200 1000 480 1500 990 460 1480 970
Director
PR / Corporate Communications VP 1200 2000 1600 900 1800 1350 1500 3000 - 800 1500 1150 800 1500 -
Retail/Channel Marketing Director 700 1200 950 550 1000 775 700 1200 950 500 1200 850 460 1150 805
Retail/Channel Marketing Manager 450 600 525 450 600 525 400 600 500 300 500 400 280 480 380
Trade Marketing Manager 300 550 425 200 450 325 400 600 500 300 550 425 250 500 375
Strategy Manager 500 800 650 400 700 550 600 900 750 500 700 600 450 650 550
Strategy Director 900 1500 1200 700 1500 1100 1000 2000 1500 700 1200 950 800 2000 -
SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
Events Manager 300 500 400 - - - 300 500 400 200 300 250 180 280 230
Government Affairs Manager 400 600 500 - - - 400 700 550 240 400 320 200 360 280
Government Affairs Director 700 1500 1100 - - - 800 1000 900 480 1500 990 450 1450 950
Internal Communications Manager 400 600 500 - - - 400 700 550 300 500 400 250 450 350
Internal Communications Director 600 1000 800 - - - 600 1000 800 400 1000 700 370 950 660
Loyalty Marketing Manager 450 700 575 - - - 450 700 575 300 500 400 500 850 -
Marketing Intelligence Manager 450 800 625 - - - 450 800 625 350 600 475 300 500 400
Marketing Manager 450 800 625 - - - 450 800 625 350 600 475 350 550 450
Marketing Director 900 1500 1200 - - - 900 1500 1200 600 1500 1050 560 1450 1005
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there
are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash),
excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in
these figures. Refer to our online version at https://www.michaelpage.com.cn/salary-report
Salary Tables
SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
Marketing VP 1200 1800 1500 - - - 1500 2500 2000 1000 2000 1500 1200 1800 -
PR / Corporate Communications
400 600 500 - - - 400 600 500 240 400 320 230 370 300
Manager
PR / Corporate Communications
800 1500 1150 - - - 800 1400 1100 800 1500 1150 780 1450 1115
Director
Partnership Development Manager 450 700 575 - - - 450 700 575 450 700 575 400 650 525
Partnership Development Director 700 1200 950 - - - 800 1000 900 500 800 650 500 850 -
Strategy Manager 450 800 625 - - - 400 800 600 450 800 625 400 750 575
Strategy Director 900 1500 1200 - - - 900 2000 1450 900 1200 1050 850 2000 1425
Manufacturing / Industrial
SHANGHAI SUZHOU BEIJING SHENZHEN GUANGZHOU
SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
Event Manager 300 500 400 250 400 325 300 600 450 200 400 300 250 450 -
Internal Communication Manager 400 600 500 300 500 400 400 600 500 200 400 300 350 550 -
Government Affairs Manager 400 600 500 200 500 350 400 500 450 240 360 300 200 350 275
Government Affairs Director 700 1500 1100 700 1500 1100 600 1200 900 400 1500 950 350 1450 900
Marketing Communications Manager 450 700 575 300 550 425 450 650 550 360 700 530 350 650 500
Market Intelligence Manager 450 800 625 350 550 450 400 700 550 200 400 300 450 650 -
Marketing Manager 400 800 600 300 500 400 400 700 550 360 700 530 350 650 500
Marketing Director 900 1500 1200 500 700 600 800 1200 1000 480 1500 990 450 1450 950
Product Manager 450 600 525 200 500 350 450 600 525 300 500 400 270 450 360
Product Director 800 1200 1000 400 650 525 600 1000 800 480 1000 740 450 950 700
PR / Corporate Communications
400 600 500 200 450 325 400 600 500 240 480 360 200 450 325
Manager
PR / Corporate Communications
800 1500 1150 500 1000 750 800 1200 1000 700 1500 1100 680 1450 1065
Director
Strategy Manager 450 800 625 450 800 625 400 700 550 360 700 530 350 650 500
Strategy Director 900 1500 1200 800 1500 1150 800 1000 900 500 1000 750 800 1000 -
General Manager 1500 3000 2250 600 1200 900 1500 3500 2500 - - - 1500 2500 -
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there
are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash),
excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in
these figures. Refer to our online version at https://www.michaelpage.com.cn/salary-report
Salary Tables
IT & Telecommunications
SHANGHAI SUZHOU BEIJING SHENZHEN GUANGZHOU
SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
Product Manager 300 600 450 200 500 350 300 600 450 300 600 450 250 550 400
PR / Corporate Communications
400 600 500 300 550 425 300 600 450 200 350 275 180 330 255
Manager
Market Intelligence Manager 300 400 350 250 350 300 200 400 300 180 360 270 150 300 225
Marketing Manager 250 400 325 250 400 325 250 400 325 180 360 270 180 330 255
Event Manager 200 350 275 200 350 275 200 350 275 200 350 275 180 330 255
Internal Communication Manager 250 400 325 200 350 275 200 350 275 200 360 280 350 550 450
Government Affairs Manager 300 400 350 200 400 300 200 400 300 200 400 300 220 450 335
Marketing Communications
300 400 350 200 400 300 200 400 300 250 500 375 180 480 330
Manager
Product Director 600 900 750 550 900 725 500 600 550 200 500 350 150 300 225
Strategy Manager 300 500 400 200 400 300 200 400 300 500 1500 1000 450 1450 950
Strategy Director 500 1000 750 500 1000 750 500 1000 750 360 1000 680 350 970 660
PR / Corporate Communications
500 1200 850 500 1200 850 500 1000 750 360 1000 680 350 970 660
Director
Marketing Director 600 1200 900 600 1200 900 600 1200 900 360 1000 680 320 950 635
Government Affairs Director 600 1000 800 600 1000 800 600 1100 850 360 1000 680 320 950 635
General Manager 1500 2500 2000 1500 2000 1750 1500 2500 2000 600 1200 900 1180 5501 3341
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there
are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash),
excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in
these figures. Refer to our online version at https://www.michaelpage.com.cn/salary-report
“Procurement and supply chain will boom in 2018, especially for roles focused on AI and technology such
as automatic distribution, pick and pack systems, and drone deliveries. For traditional roles, healthcare,
chemical and FMCG companies are hiring aggressively.”
By the numbers*
48% 16-20%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
“The demand for procurement and supply chain candidates will increase in 2018 in North China, especially
in Life Sciences and FMCG industries. For manufacturing, candidates who can focus on new product
development and cost cutting strategy are in demand.”
• Purchasing Directors
FMCG Electronics
• Supply Chain Directors
• Sourcing Managers
E-commerce High-Tech
By the numbers*
18% 21-25%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
“In 2018, we expect continued growth in purchasing and supply chain professional needs from domestic
manufacturing companies and large-scale Chinese companies. We also see growing demand from local
companies as they improve and upgrade their current systems.”
By the numbers*
10% 11-15%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
“In 2018, the themes for procurement and supply chain are cost control and efficiency improvement.
Candidates who are strong in logistics optimisation, planning and purchasing will be in high demand, as
centralisation and strategy become the main focus for businesses.”
Retail Sourcing
By the numbers*
22% 16-20%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
Salary Tables
Procurement / Purchasing
SHANGHAI BEIJING SHENZHEN GUANGZHOU
SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
Assistant Manager 200 300 250 190 270 230 160 250 205 120 250 185
Manager 300 600 450 200 550 375 250 420 335 200 380 290
Senior Manager 600 1000 800 500 870 685 400 650 525 400 600 500
Director / Vice President 1000 1800 1400 700 1200 950 700 1200 950 500 1200 850
Supply Chain
SHANGHAI BEIJING SHENZHEN GUANGZHOU
SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
Assistant Manager 200 350 275 190 270 230 120 250 185 120 250 185
Manager 350 600 475 220 450 335 200 400 300 200 350 275
Senior Manager 600 800 700 400 1000 700 400 700 550 400 600 500
Director / Vice President 800 1500 1150 800 1300 1050 650 1200 925 500 1200 850
SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
Assistant Manager 180 250 215 120 270 195 130 250 190 100 220 160
Manager 250 600 425 190 400 295 200 350 275 200 350 275
Senior Manager 600 800 700 370 800 585 350 500 425 400 580 490
Director / Vice President 800 1200 1000 750 1300 1025 500 1000 750 700 1200 950
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there
are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash),
excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in
these figures. Refer to our online version at https://www.michaelpage.com.cn/salary-report
Salary Tables
SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
Manager 300 500 400 200 550 375 200 400 300 200 400 300
Senior Manager 500 800 650 500 800 650 350 650 500 250 650 450
Director / Vice President 800 1500 1150 800 1300 1050 650 1200 925 700 1200 950
Sourcing / Merchandising
SHANGHAI BEIJING SHENZHEN GUANGZHOU
SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
Senior Merchandiser 200 300 250 150 450 300 120 220 170 120 220 170
Manager 300 500 400 200 650 425 200 400 300 150 350 250
Chief Representative 800 1200 1000 350 900 625 550 800 675 400 600 500
Senior Manager 500 800 650 350 900 625 400 650 525 300 600 450
3PL
SHANGHAI BEIJING SHENZHEN GUANGZHOU
SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
Key Account Manager 180 600 390 150 400 275 200 360 280 200 300 250
Operations Manager 180 600 390 370 700 535 180 500 340 200 400 300
General Manager 800 1200 1000 900 1300 1100 300 1200 750 450 1000 725
Director / Vice President 1000 1500 1250 1350 1350 1350 600 1200 900 800 1300 1050
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there
are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash),
excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in
these figures. Refer to our online version at https://www.michaelpage.com.cn/salary-report
“As the property and construction market moves towards leasing models, we will see a change in market
demand, as companies begin to seek candidates who specialise in leasing, instead of traditional residential
property brokerage experience.”
By the numbers*
5% 16-20%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
“The property and construction market is quite steady at the start of 2018. The facility and service
management market also looks like it will have a promising year as more B2B and B2C companies are
seeking reliable and accountable services.”
By the numbers*
15% 11-15%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
Salary Tables
ASSET MANAGEMENT SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
Junior 120 300 210 120 300 210 100 300 200
Middle 300 800 550 300 800 550 300 700 500
Senior 800 1800 1300 800 1800 1300 700 1000 850
BUSINESS DEVELOPMENT / EXPANSION SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV
Junior 96 240 168 96 240 168 100 300 200
Middle 240 600 420 240 600 420 300 700 500
Senior 600 1500 1050 600 1500 1050 700 1200 950
CORPORATE REAL ESTATE SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV
Junior 120 300 210 120 300 210 100 250 175
Middle 300 800 550 300 800 550 250 700 475
Senior 800 1500 1150 800 1500 1150 700 1200 950
INVESTMENT / ACQUISITION SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV
Junior 120 450 285 120 450 285 100 350 225
Middle 450 900 675 450 900 675 350 1000 675
Senior 900 1650 1275 900 1650 1275 1000 1400 1200
LEASING / TRANSACTIONS SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV
Junior 150 350 250 150 350 250 100 300 200
Middle 350 800 575 350 800 575 300 1000 650
Senior 800 1200 1000 800 1200 1000 1000 1000 1000
COMMERCIAL BROKERAGE SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV
Commercial Brokerage - Junior 200 300 250 200 300 250 100 300 200
Commercial Brokerage - Middle 300 600 450 300 600 450 300 500 400
Commercial Brokerage - Senior 600 1200 900 600 1200 900 500 1000 750
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there
are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash),
excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in
these figures. Refer to our online version at https://www.michaelpage.com.cn/salary-report
Salary Tables
ANALYTICS & RESEARCH SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
Analytics & Research - Junior 150 280 215 150 280 215 100 200 150
Analytics & Research - Middle 180 400 290 180 400 290 200 400 300
Analytics & Research - Senior 450 1000 725 450 1000 725 400 1000 700
CONSULTANCY & VALUATION SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV
Consultancy & Valuation - Junior 200 300 250 200 300 250 100 250 175
Consultancy & Valuation - Middle 350 500 425 350 500 425 250 500 375
Consultancy & Valuation - Senior 500 1200 850 500 1200 850 500 1000 750
RESIDENTIAL SALES SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV
Residential Sales - Junior 120 200 160 120 200 160 96 200 148
Residential Sales - Middle 200 550 375 200 550 375 200 500 350
Residential Sales - Senior 550 1200 875 550 1200 875 500 1000 750
ARCHITECTURE SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
Junior 150 200 175 150 200 175 100 250 175
Middle 200 600 400 200 600 400 250 960 605
Senior 600 1200 900 600 1200 900 960 1000 980
INTERIOR DESIGN SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV
Junior 150 250 200 150 250 200 100 200 150
Middle 250 450 350 250 450 350 200 500 350
Senior 450 600 525 450 600 525 500 1000 750
M&E / HVAC SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV
Junior 96 200 148 96 200 148 100 300 200
Middle 200 450 325 200 450 325 300 450 375
Senior 450 600 525 450 600 525 450 800 625
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there
are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash),
excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in
these figures. Refer to our online version at https://www.michaelpage.com.cn/salary-centre
Salary Tables
Middle 300 500 400 300 500 400 200 400 300
Senior 500 800 650 500 800 650 400 700 550
PROJECT MANAGEMENT SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV
Junior 180 250 215 180 250 215 100 300 200
Middle 250 600 425 250 600 425 300 700 500
Senior 600 1200 900 600 1200 900 700 1100 900
QUANTITY SURVEYING SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV
Junior 150 250 200 150 250 200 70 200 135
Middle 200 350 275 200 350 275 200 400 300
Senior 350 780 565 350 780 565 400 800 600
FACILITY & PROPERTY MANAGEMENT SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV
Junior 150 200 175 150 200 175 100 200 150
Middle 200 400 300 200 400 300 200 450 325
Senior 400 800 600 400 800 600 450 1000 725
Middle 200 600 400 200 600 400 200 400 300
Senior 600 1200 900 600 1200 900 400 1200 800
INTERIOR DESIGN SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV
Junior 150 250 200 150 250 200 96 200 148
Middle 200 450 325 200 450 325 200 400 300
Senior 450 700 575 450 700 575 400 800 600
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there
are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash),
excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in
these figures. Refer to our online version at https://www.michaelpage.com.cn/salary-report
Salary Tables
Middle 200 450 325 200 450 325 200 350 275
Senior 450 600 525 450 600 525 350 600 475
CONSTRUCTION MANAGEMENT SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV
Junior 150 250 200 150 250 200 100 200 150
Middle 250 400 325 250 400 325 200 400 300
Senior 400 780 590 400 780 590 400 1000 700
PROJECT MANAGEMENT SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
Junior 144 250 197 144 250 197 100 250 175
Middle 250 600 425 250 600 425 250 550 400
Senior 600 1200 900 600 1200 900 550 1000 775
QUANTITY SURVEYING SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
Junior 100 200 150 100 200 150 100 200 150
Middle 200 350 275 200 350 275 200 400 300
Senior 350 800 575 350 800 575 400 700 550
FACILITY & PROPERTY MANAGEMENT SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
Junior 150 200 175 150 200 175 100 200 150
Middle 200 400 300 200 400 300 200 350 275
Senior 400 900 650 400 900 650 350 700 525
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there
are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash),
excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in
these figures. Refer to our online version at https://www.michaelpage.com.cn/salary-report
“ In 2018, the retail market will be promising as brands focus on VIP customers, and on aggressively
opening storefronts and outlet stores in 2nd and 3rd tier cities. This will increase demand for area
managers and national retail manager roles.”
F&B
By the numbers*
10% 16-20%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
“The growth of e-commerce businesses will remain strong in 2018 as traditional retail sectors face
challenges balancing online/offline services. We foresee strong demand from local firms for candidates
with a strong technical background, cross-border sourcing, and MNC experience.”
• Sourcing Managers
E-commerce New Retail
• Merchandising Managers
• Technical and Quality Managers
By the numbers*
5% 11-15%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
Salary Tables
Retail Operations
SHANGHAI BEIJING SHENZHEN
Store Manager 300 600 450 300 600 450 200 400 300
Area Manager 450 700 575 450 700 575 300 850 575
Retail Operation Manager 500 700 600 500 700 600 300 700 500
National Retail Manager 500 800 650 500 800 650 500 700 600
Country General Manager 1200 2000 1600 1200 2000 1600 700 2000 1350
Regional General Manager 2000 3000 2500 2000 3000 2500 2000 3000 2500
Buyer / Merchandiser 200 300 250 200 300 250 130 220 175
Visual Merchandiser 200 300 250 200 300 250 150 250 200
Visual Merchandising Manager 300 600 450 300 600 450 250 450 350
Visual Merchandising Director 700 1000 850 700 1000 850 500 1000 750
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there
are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash),
excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in
these figures. Refer to our online version at https://www.michaelpage.com.cn/salary-report
Salary Tables
Retail Training
SHANGHAI BEIJING SHENZHEN
Trainer 200 350 275 200 350 275 120 150 135
Trainer Manager 350 650 500 350 650 500 150 250 200
Training Director 650 1200 925 650 1200 925 300 500 400
Planning / Allocation
SHANGHAI BEIJING SHENZHEN
Planner / Allocator 180 300 240 180 300 240 150 250 200
Planning / Allocation Manager 300 650 475 300 650 475 200 400 300
Planning / Allocation Director 650 1000 825 650 1000 825 400 700 550
Regional Planning / Allocation Director 850 1500 1175 850 1500 1175 700 1500 1100
Designer 180 300 240 180 300 240 150 350 250
Design Manager 300 700 500 300 700 500 250 650 450
Chief Design Officer / Design Director 800 1000 900 800 1000 900 700 1200 950
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there
are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash),
excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in
these figures. Refer to our online version at https://www.michaelpage.com.cn/salary-report
Salary Tables
Sourcing / Merchandising
SHANGHAI BEIJING SHENZHEN
Merchandiser 180 320 250 180 320 250 120 220 170
General Merchandising Manager 600 900 750 600 900 750 600 900 750
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there
are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash),
excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in
these figures. Refer to our online version at https://www.michaelpage.com.cn/salary-report
“Among the newest booming industries in China, the professional sales and business services sector
will have a great impact in the market in 2018. We foresee growth in sectors such as media, education,
consultancy, travel, and business information.”
• BD Managers
Logistics Media and Advertisement
• Sales Directors
• Key Account Managers
By the numbers*
73% 21-25%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
“The consumer sales industry is facing channel revolution due to changes in consumer behaviour and
emergence of technology. The demand for sales talent with online and offline experience is expected to
grow, especially in FMCG industry.”
• Sales Directors
F&B Furniture
• Business Development Managers
• Key Account Managers
By the numbers*
73% 16-20%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
“Recruitment in the industrial sales sector is expected to continuously increase in the sectors related to
new energy cars, autonomous driving, environmentally friendly material and cost-efficient machinery.”
• Sales Directors
Automotive Chemical
• Sales Managers
• Key Account Managers
By the numbers*
73% 21-25%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
“Sales demand in 2018 will come from emerging industries such as AI and big data in the technology
industry. Chinese domestic businesses will generate most of the demand for top quality sales candidates.”
• BD Managers / Directors
• Strategic Sales Managers / Automotive Pharmaceutical
Directors
• Big Data Sales Directors
High-Tech New Energy
By the numbers*
18% 16-20%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
“In Sales, industrial and business services will remain the two pillars of growth in the upcoming year.”
Engineering Manufacturing
By the numbers*
15% 21-25%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
“Sales recruitment is on the rise due to the boost in China’s economy and international trading from the One
Belt & One Road policy.”
• General Managers
Consumer Electronics Components
• Global / International Sales VPs
• China / Asia Sales Heads
ICT AI
By the numbers*
20% 16-20%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
“In 2018, the demand for candidates in sales will come from the domestic market in e-commerce,
technology, retail and consumer goods. We will also see high demand for candidates with international
working experience as domestic companies expand aggressively overseas.”
By the numbers*
18% 16-20%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
Salary Tables
Financial Services
SHANGHAI SUZHOU BEIJING SHENZHEN GUANGZHOU
SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
Corporate Sales Manager 400 800 600 400 800 600 450 650 550 300 800 550 250 500 375
Professional Services
SHANGHAI SUZHOU BEIJING SHENZHEN GUANGZHOU
SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
Sales Engineer 150 400 275 100 300 200 - - 200 500 350 100 630 365
Sales Manager 250 700 475 100 500 300 250 600 425 250 800 525 90 500 295
Business Development Manager 250 700 475 100 600 350 200 400 300 250 800 525 90 600 345
Business Development Director 700 1300 1000 300 800 550 360 650 505 500 1000 750 280 700 490
Consumer Products
SHANGHAI SUZHOU BEIJING SHENZHEN GUANGZHOU
SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
General Sales Manager 250 600 425 200 450 325 400 600 500 400 600 500 90 500 295
Business Manager 300 800 550 200 450 325 400 600 500 400 600 500 90 500 295
Sales Director 800 2000 1400 450 900 675 500 800 650 500 1000 750 280 600 440
General Manager 2000 5000 3500 700 1200 950 1000 1500 1250 600 1500 1050 380 700 540
Media – Publishing
SHANGHAI SUZHOU BEIJING SHENZHEN GUANGZHOU
SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
Advertising / Media Sales Manager 360 600 480 200 400 300 200 500 350 200 400 300 90 300 195
Advertising / Media Sales Director 800 2500 1650 350 600 475 250 800 525 400 800 600 380 600 490
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there
are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash),
excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in
these figures. Refer to our online version at https://www.michaelpage.com.cn/salary-report
Salary Tables
SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
Group Account Director 500 800 650 - - - 360 500 430 400 800 600 90 300 195
Business Director 800 1800 1300 - - - 360 500 430 400 800 600 230 400 315
Managing Director / General Manager 1200 3500 2350 - - - 600 1500 1050 800 2000 1400 380 600 490
Media / Entertainment
SHANGHAI SUZHOU BEIJING SHENZHEN GUANGZHOU
SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
Assistant Sales Manager 300 500 400 250 400 325 150 200 175 200 500 350 380 600 490
Account Manager 400 600 500 250 400 325 200 360 280 200 500 350 90 340 215
Account Director 600 800 700 350 600 475 250 400 325 400 700 550 340 600 470
Sales Manager 400 600 500 300 450 375 200 360 280 200 500 350 90 340 215
Sales Director 1000 2500 1750 450 700 575 250 500 375 400 800 600 330 600 465
General Manager 1500 3000 2250 600 1000 800 500 800 650 600 1500 1050 380 600 490
IT & Telecommunications
SHANGHAI SUZHOU BEIJING SHENZHEN GUANGZHOU
SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE(RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
Channel Account Manager / Account
250 400 325 100 500 300 300 500 400 300 500 400 80 600 340
Manager
Sales Manager / Global Account
300 600 450 200 1000 600 400 600 500 300 1200 750 80 600 340
Director
Division Manager / Sales & Marketing
900 2000 1450 300 800 550 500 800 650 300 600 450 130 700 415
Manager / General Sales Manager
Managing Director / General Manager 1500 4000 2750 1200 2000 1600 1500 3000 2250 1200 2000 1600 750 900 825
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there
are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash),
excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in
these figures. Refer to our online version at https://www.michaelpage.com.cn/salary-report
Salary Tables
Manufacturing / Industrial
SHANGHAI SUZHOU BEIJING SHENZHEN GUANGZHOU
SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE (RMB’000) SALARY RANGE(RMB’000)
ROLE MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV MIN MAX AV
Sales Director 800 2000 1400 450 1300 875 500 800 650 400 1200 800 350 750 550
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there
are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash),
excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in
these figures. Refer to our online version at https://www.michaelpage.com.cn/salary-report
“In 2018, demand for secretary and back office support positions will increase. As employers focus more
on qualifications, and industry-specific skills and experience, requirements for candidates will become
more demanding across industries.”
• EA / PA to CEO / MD / VP / GM
Financial Service FMCG / Retail
• Secretaries
• Admin / Office Managers
By the numbers*
20% 11-15%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
“In 2018, expect high demand for secretarial and office support, particularly admin director, office manager
and executive assistant, in fast-growing markets. Businesses will be looking for candidates with strong
problem solving and stakeholder management skills.”
• Office Managers
Financial Services Internet / New Technology
• Executive Assistants
• Admin Directors
By the numbers*
7% 21-25%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
“The secretarial and office support market will be steady in 2018. Candidates with solid experience in
executing welfare initiatives will be in high demand. However, they are relatively scarce, so companies are
raising salary packages to attract top talent.”
• Executive Assistants
Artificial Intelligence Financial Service
• Personal Assistants
• Office Managers
By the numbers*
30% 16-20%
increase in number of average salary increase
positions in the last when moving jobs
$
12 months
Employment trends*
*These employment trends are based on Michael Page’s database in the last 12 months.
Salary Tables
Financial Services
SHANGHAI BEIJING SHENZHEN
Administration Assistant 120 360 240 120 250 185 100 300 200
Executive Assistant / Personal
200 500 350 180 600 390 100 500 300
Assistant
Office Manager 300 600 450 250 600 425 150 400 275
Administration Assistant 100 300 200 100 250 175 80 250 165
Executive Assistant / Personal
180 400 290 150 400 275 80 400 240
Assistant
Office Manager / Admin Manager 200 500 350 200 500 350 100 350 225
Please note: 1. Market rates are becoming much less homogeneous; while we have taken great care, these salary ranges can only be approximate guides. Since there
are often specific circumstances relating to individual companies, please call us for additional information. 2. These figures are generally the total remuneration (i.e. cash),
excluding bonus / incentive schemes. 3. Variable and incentive schemes are becoming more common through the different levels of management and are not included in
these figures. Refer to our online version at https://www.michaelpage.com.cn/salary-report