8.8% salary hikes expected for 2014

Salary increases are expected to hit 8.8 percent in 2014, a slight rise on the 8.6 percent for 2013, according to a survey issued by 51job.com, a human resources service provider.

More than 3,400 enterprises and 4,600 employees were interviewed in the survey from September to November 2013, covering sectors including real estate, high-tech, consumer products and manufacturing.

It found that the highest salary increases occurred in the financial sector, reaching 10.4 percent, followed by real estate (10.1 percent), high tech (9.9 percent) and bio-pharmaceuticals (9.2 percent).