2019中国区日资企业薪酬指南_36页_6mb

2019 China Salary Guide Summary

Executive Overview

• Economic Outlook: China's economic growth is expected to slow slightly to 6.3% in 2019 compared to 2018, as authorities focus on a more sustainable model.
• Market Conditions: The government introduced a new tax deduction plan to boost household consumption, but trade tensions with the U.S. and potential housing market corrections pose challenges.
• Company Trends: Chinese companies across sectors are adopting technologies and innovations, enhancing their global competitiveness and attracting talent.
• Talent Demand: There is a growing demand for AI and digital talent, especially in e-commerce and healthcare sectors. Shared facilities and services are driving changes in roles like Finance, HR, IT, and Administration.
• Kelly Services Role: Kelly Services China aims to support talent, employers, and decision-makers with workforce solutions including executive search, recruitment, and HR consultancy.

Accounting & Finance

Key Trends

• IPO Activity: Continued focus on IPOs in 2019, especially in industrial markets, IT, and high-tech industries.
• Talent Demand: Strong demand for financial managers with investment banking, Big Four accounting, or MNC backgrounds.
• Traditional Sectors: Conservative hiring in traditional foreign-invested and manufacturing industries, with replacements needed for roles like financial operations director and financial manager.
• Wage Growth: Expected average wage growth of 7% for 2019.

Salary Ranges (RMB)

Automotive

Industry Trends

• Growth Potential: The automotive industry still has significant growth potential, with private car ownership at 15 cars per 100 people.
• Technological Shifts: The industry is evolving into the Automobile 4.0 era, with trends in AI, autonomous driving, digitalization, and electric vehicles.
• Talent Shortages: Shortage of AI and new energy vehicle talents, with an expected gap of 300,000 in 2019.
• Talent Movement: Increased cross-border talent attraction, talent sharing, and local recruitment of junior talents and international recruitment of senior talents.

Salary Growth

• Strong Growth Functions: Expected wage growth of 10%.
• Less Strong Growth Functions: Expected wage growth of 5%.
• Traditional Vehicle Manufacturing: Expected wage growth of 15%.

Salary Ranges (RMB)

Parts Suppliers - Traditional

Operation

Sales & Marketing

Network Management

R&D

Supply Chain - Car Maker

Dealership

Chemical Industry

Key Trends

• Industry Consolidation: Continued consolidation with large companies acquiring smaller ones.
• Digital Transformation: Increased focus on digital transformation, leading to higher demand for e-commerce and digital marketing roles.
• Talent Demand: High demand for roles in "open source" departments, including market analysis, business development, and sales.
• R&D Focus: Emphasis on technological innovation, with increased investment in R&D and technical support.
• Safety and Compliance: Persistent demand for safety and environmental protection roles.
• Lean and Quality: Growing need for Lean and Quality management professionals.
• Supply Chain: Increased demand for procurement and logistics in the supply chain.
• City Expansion: Chemical giants are expanding to third- and fourth-tier cities, increasing the need for project management, government relations, and factory operations roles.

Salary Growth

• Expected Average Wage Growth: 10% for strong growth functions, 5% for less strong growth functions, and 15% for traditional vehicle manufacturing.

Salary Ranges (RMB)

Management

Sales & Marketing