Employers need to be savvy in recruitment war

Despite global trade uncertainties and a skill shortage, Chinese employers are still offering more generous salary packages than their global peers to attract the right talents.

According to the latest Salary Guide released by global recruiting specialist Hays, 45 percent of 1,200 Chinese mainland employers expect to increase salaries by 6 to 10 percent in 2017, slightly up from the 44 percent a year earlier. Roughly 11 percent of the employers said they would offer a salary increase up to 11 percent this year. In 2016 that figure was 16 percent.

However, the majority of the employers in Hong Kong, Singapore and Malaysia will keep the salary increase between 3 and 6 percent. Seventy-six percent of the employers in Japan will offer a salary increase no more than 3 percent.