The Robert Walters Global Salary Survey for 2015 has been released. The annual survey contains recruitment market updates, hiring advice and benchmarks salaries across our global markets.
Here we discuss the outlook for the China in 2015.
Hiring trends across China
Looking across the economy as a whole, growth was widespread and we saw a positive outlook for the job market, with increasing confidence among employees and employers.
In 2014 the Chinese Government implemented a shift away from pure manufacturing and infrastructure investment, and instead began to focus on hi-tech industry, strengthening the professional services and consumer sector and stimulating growth through exports.
As a result of this reorientation we saw the establishment of research and development centres in China, more international professional services companies entering the market, and the expansion of luxury and retail brands in second-tier cities including Suzhou, Hangzhou, Nanjing and Chengdu – resulting in an increase in recruitment activity.
Looking across the economy as a whole, growth was widespread and we saw a positive outlook for the job market, with increasing confidence among employees and employers. With average GDP growth in the first three quarters reaching 7.4%, both professionals and employers expressed cautious optimism about future market prospects.
About the Global Salary Survey
Now in its sixteenth edition, the Robert Walters annual Global Salary Survey is the most comprehensive review of professional salaries and recruitment trends around the world.
The comprehensive book, covering 24 countries, is free and covers the UK and Ireland, Continental Europe, the Middle East, Africa, Asia, Australia and New Zealand as well as North and South America.The Global Salary Survey is based on the analysis of permanent, interim and contract placements made across each of our geographies and recruitment disciplines during 2014.
Download the Salary Survey
Request your 2016 free copy today.
For a more in-depth look at our expectations for the recruitment market in China, download the China section of the 2015 Salary Survey.
Compare your salary across a range of global markets and industries. The Salary Survey is also available as an App for download on iOS and Android.