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Workers enjoy salary increases
7/12/2004 17:41

Wendy Zhang/ Shanghai Daily news

A Zhaopin (www.zhaopin.com) survey of more than two million resumes from Chinese cities and provinces found two significant changes to the incomes of Chinese employees this year, today's Beijing Morning Post reported.

Workers from domestic state-owned enterprises (SOEs) should be happy about the first change: their monthly salaries this year increased more rapidly than those from foreign companies, although their actual incomes were still far less than their counterparts.
Workers from foreign-invested companies earned an average of 3,820 yuan (US$460) monthly this year, followed by those from private companies (2,916 yuan), SOEs (2,789 yuan) and government departments (2,552 yuan).
However, compared with last year, the average monthly salary in SOEs increased by 19 percent this year, three percentage points above those in foreign companies. Employees in government departments only saw an average salary increase of three percent, the lowest increase.
Because of the payroll system reforms in SOEs, it is the first time for salaries in SOEs to increase faster than those in foreign-invested companies, but the income gap among different levels of SOE workers is widening, said an expert with Zhaopin. He explained that the soaring incomes of mid and senior-level managers had mainly contributed to the increases.
The second change will surely cheer up Beijingers as their average monthly salary of 3,764 yuan this year exceeded that of Shanghai employees for the first time.
In previous years, Shanghai employees always led Beijingers in salaries, but this year, things have changed: Shenzhen employees ranked No.1 with an average monthly salary of 4,109 yuan, followed by Beijing (3,764 yuan--up eleven percent) and Shanghai (3,650 yuan).
The whole domestic labor market has generally seen salary increases this year, but those who just joined the work force might be the only exception. General managers in China enjoyed an average monthly salary of 7,647 yuan, up from 6,925 yuan last year; department managers rose to 4,984 yuan from 4,278 yuan. However, those with less than one year of work experience saw salaries decline from 1,645 yuan to 1,591 yuan.