Retail in Asia

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Younger staff receive higher pay rise in China

Chinese employers are offering a bigger pay rise for fresh college graduates than for experienced workers this year as salaries remain the biggest concern for young workers, separate industry reports revealed yesterday.

Recruitment portal 51job.com found employers are offering 10 percent higher salary for fresh graduates this year than last year, according to its survey of 263 companies with more than 2,000 employees each.

The salary increase for newcomers to the job market has outpaced the overall 6-8 percent expected pay rise for experienced workers, the website said.
 

(Source: Shanghai Daily)