Retail in Asia

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Employees to get 6-8pc salary increase in China this year

Employees can expect to get a salary increase of between 6 and 8 percent in China this year, with the internet sector most willing to offer pay rises to attract top talent, human resource agency Morgan McKinley said in a report on Thursday.

Due to slower economic growth this year, the agency predicted salaries in general to rise between 6 and 8 percent, but the increase could be larger for experts and job-hoppers.

Local Internet companies are most willing to offer a high pay rise to lure highly sought-after expertise.

(Source: Shanghai Daily)