Enterprises’ salaries ‘to rise 9.3%
Chinese enterprises expect an average salary increase of 9.3 percent next year, consulting firm Towers Watson said in a report.
The growth rate is a bit lower than the 9.6 percent for 2012, the report said.
“As retaining talented staff is becoming increasingly difficult these days, most enterprises have been striving to offer staff a competitive salary, but the inflationary pressure should not be under estimated,” said Xu Wenzong, general manager of Towers Watson China.
Geographically, in high-tech areas such as Shenzhen and Dongguan, salary expectations hit 10 percent, higher than the national average.