Time to raise a toast for pay hikes in 2016-17

Salaries for experienced and skilled employees in China are expected to rise between 8 percent and 15 percent this year and the next, while talents with additional language skills and experience can expect salary hike up to 25 percent year-on-year, according to a report.

The figures are from the China Salary Guide for 2016-17, released by Shanghai-based ZW HR Consulting on July 7.

The guide covers wide-ranging industries and sectors across first- and second-tier cities in China: accounting, banking and finance, aerospace, engineering, chemicals, energy, consumer goods, human resources, IT, legal, life sciences, manufacturing, supply chains and real estate.