1、www.rgf-RGFSalary Watch 2024Mainland Chinaengineers in the electronic semiconductor industry,and transportation(automotive,avia-tion)and supply chain fields.The demand for R&D hardware and software managers and pro-curement and supply chain positions is strong,and the salary increase is quite signif

2、icant com-pared to other industries.Looking forward to 2024,we expect that some emerging fields may see more significant salary growth.In the high-tech,Internet and new media fields,the salaries of AI and data science directors,engineers,and domestic and cross-border e-commerce directors/general man

3、agers are expected to rise.In the industrial field,the salaries of R&D managers/supervi-sors/engineers in advanced manufacturing,R&D hardware and software and battery man-agement systems in transportation(automotive,aviation)and supply chain,and other positions are also expected to increase.In addit

4、ion,theAs we approach the end of 2022,we antici-pate that 2023 will be a year full of changes and challenges.In fact,this expectation has already been validated.While we firmly believe that everyone is eagerly looking forward to the development of business operations and the recovery of the global e

5、conomy,in 2023,the recruitment strategies of most companies still focus on reducing costs and improving efficien-cy to better cope with business contraction.From the perspective of economic cycles,we still need to consider the changes and uncer-tainties brought about by the macro environ-ment when f

6、ormulating corporate strategies in the short term.Throughout 2023,there are still some industries and fields where the demand for talent has not decreased-such as the development of autono-mous driving in the Internet industry,chip design engineers and application and serviceA New Journey NavigatedT

7、hrough ChangeMessages from our Managing DirectorRita CuiManaging DirectorRGF Professional Recruitment ChinaRita CuiManaging DirectorRGF Professional Recruitment China(TMT),electronics and semiconductors,health-care and life sciences,industrial,financial ser-vices,consumer goods,and corporate ser-vic

8、es,as well as the functional positions and skill requirements that are in high demand in various industry fields.In the coming year,we will navigate through change and sail on a new journey.salaries of chip design in the electronic semi-conductor industry,and production and opera-tion directors and

9、quality managers in the medi-cal health and life sciences industry are also expected to increase.Undoubtedly,in 2024,salary data will continue to be an important consideration in corporate strategy formulation.At the same time,from the internal perspective of the company,employ-ees salary data will

10、also continue to be affected by factors such as corporate cost management,business growth,and organizational expansion.To help companies make decisions in the field of human resources and compensation and benefits,and to provide references for job seekers,we are pleased to share the latest salary da

11、ta in the form of a report at the begin-ning of the new year.The RGF Salary Observa-tion Report,as always,covers salary data in the fields of high-tech,Internet and new mediaA New Journey NavigatedThrough ChangeMessages from our Managing Directortable of contentsAbout the Report040103Job Market Tren

12、ds&Salary Data05-3102Technology,Media&TelecommunicationsIndustrial ManufacturingElectronics&SemiconductorConsumer Goods&RetailHealthcare&Life SciencesFinancial ServicesCorporate Services05102024283137About RGF42About the ReportRGFs Salary Watch:Mainland China report aims to shed light on salary tren

13、ds and data across all industries and job levels in Mainland China.This report is based on data collected between January 2023 and January 2024 from RGF-owned talent pools covering more than 500,000 candidates.The definition of annual basic salary used throughout this report does not include allowan

14、ces,stocks,bonuses,or any other additional benefits.Due to the real-time nature of some of this data,RGF encourages readers to use these insights at their discretion.04Salary WatchAs of 2023,Chinas capital market has fully implemented its registration system,improv-ing the efficiency of auditing and

15、 issuances as well as the predictability of corporate listings.The new 18C listing rules have also been officially implemented by Hong Kong Exchanges.Technology innovation compa-nies are now able to better capture new opportunities while cultivating their inner strengths to boost performance.Mainlan

16、d TMT companies are seeking a variety of cap-ital market listing options with the implemen-tation of relevant systems and rules for over-seas listing registration management.1OpenAI introduced the AI chatbot ChatGPT in November 2022,which gained immense popularity and led to the emergence of artifi-

17、cial intelligence in the shrinking TMT indus-try.This brought attention to fields like natu-ral language learning and machine learning,resulting in innovative ideas for business models and application scenarios.It also influenced the formulation and improvement of policies and regulations related to

18、 privacy and copyright.As artificial intelligence and machine learning progress,the demand for data annotation engineers is increasing in various sectors such as the Internet,finance,healthcare,and advanced manufacturing.Apart from basic data processing skills,industry knowledge and specific abiliti

19、es are also required for the engineers.Additionally,with technological advancements,data anno-tation methods like semi-supervised learning and weakly supervised learning are continu-ously evolving,necessitating continuous 05learning and adaptation for data annotation engineers.The AIGC wave has led

20、to a high demand for computing power,resulting in significant investments in hardware and benefiting the chip,server,and data center industry chains.Not only established semiconductor chip companies like Nvidia and AMD,but also technology giants such as Google,Amazon,Meta,and Microsoft have intro-du

21、ced their own AI chips,which have become a driving force for growth in the semiconductor industry.The implementation and progress of AI applications are expect-ed to further fuel the demand for AI chips.On the other hand,the growth rate of Inter-net traffic is slowing down in 2023,leading to intense

22、 competition in various fields such as live broadcast e-commerce,advertising,mini programs,and games.In the realm of cross-border e-commerce,platforms like SHEIN,Temu,TikTok,and AliExpress have adopted the full custody model,where mer-chants provide goods and the platform has full authority for sell

23、ing and other opera-tions.This model emphasizes the impor-tance of collaborating with suppliers and logistics companies in different countries and regions to find better products and expand market resources.The ability to effectively communicate,analyze global market data,and provide accurate market

24、 positioning and marketing strategies to mer-chants determines the competitiveness of cross-border channel talents in the industry.TECHNOLOGYMEDIA&TELECOMMUNICATIONhttps:/ of Artificial Intelligence&Data ScienceAIGC,Large-scale Algorithms.Skills in Demand:Artificial Intelligence&Data Science Enginee

25、rData Annotation.Skills in Demand:Domestic&Cross-border E-commerce Director/General ManagerCross-border Channel/Business Manager.Skills in Demand:HOT JOBSTECHNOLOGY,MEDIA&TELECOMMUNICATION07RMB(Unit:1,000)RGF 2024 SALARY WATCH DATA:MAINLAND CHINAPositionWorkingExperience(yrs.)50003000160030002000100

26、015-3015-2015-20GMVPDirectorMINMAXSenior ManagementPositionWorkingExperience(yrs.)18001000600120050030015-208-153-8DirectorManager/ArchitectEngineerMINMAXR&D-Technical DevelopmentPositionWorkingExperience(yrs.)120080050080040020015-208-153-8DirectorManage r/ArchitectEngineerMINMAXMobile DevelopmentP

27、ositionWorkingExperience(yrs.)250012001000120060045010-205-103-8DirectorManager/ArchitectEngineerMINMAXAI and Data SciencePositionWorkingExperience(yrs.)120080060080045035015-208-153-8DirectorManager/ArchitectEngineerMINMAXFront End&Back End EngineeringPositionWorkingExperience(yrs.)1500800700600800

28、60050035010-208-155-101-5DirectorArchitectManagerEngineerMINMAXCyber Security*Salary Definition:Annual Basic Salary(not including allowance,stock,bonus etc.)PositionWorkingExperience(yrs.)1500100065080055030010-205-103-8DirectorManager/ArchitectEngineerMINMAXBig Data&Business IntelligencePositionWor

29、kingExperience(yrs.)160080050040080050030025015-208-155-81-5DirectorManagerSupervisorEngineerMINMAXDigitalization Transformation08*Salary Definition:Annual Basic Salary(not including allowance,stock,bonus etc.)PositionWorkingExperience(yrs.)120065040030070035025015015-208-155-81-5DirectorManagerSupe

30、rvisorEngineerMINMAXApplication ManagementPositionWorkingExperience(yrs.)1800 1500 900 500 1200 1000 500 300 12-2510-185-153-6Director/GMGroup LeaderSenior Manager/ManagerSupervisorMINMAXDomestic&Cross-border E-commerce ManagementPositionWorkingExperience(yrs.)120065040070030020015-208-153-8Director

31、ManagerSupervisorMINMAXCorporate IT ServicesPositionWorkingExperience(yrs.)140080050080050030015-208-153-8DirectorManagerSupervisorMINMAXCloud&InfrastructurePositionWorkingExperience(yrs.)130080050080050025015-208-153-8DiectorSenior Manager/ManagerSupervisorMINMAXDigital MarketingPositionWorkingExpe

32、rience(yrs.)110070045070040020015-208-153-8DirectorManager/ExpertSupervisorMINMAXProject ManagementPositionWorkingExperience(yrs.)130080040080050020015-208-153-8DirectorManager/ExpertSupervisorMINMAXProduct&Operation ManagementPositionWorkingExperience(yrs.)100080050080050025015-208-153-8DiectorSeni

33、or Manager/ManagerSupervisorMINMAXAccount Management&Customer SuccessRGF 2024 SALARY WATCH DATA:MAINLAND CHINARMB(Unit:1,000)TECHNOLOGY,MEDIA&TELECOMMUNICATION09*Salary Definition:Annual Basic Salary(not including allowance,stock,bonus etc.)PositionWorkingExperience(yrs.)1400 800 400700 500 20010-20

34、5-103-5DiectorSenior Manager/ManagerSupervisorMINMAXSalesPositionWorkingExperience(yrs.)100070040060040020015-208-153-8DiectorManagerSupervisorMINMAXPre-SalesPositionWorkingExperience(yrs.)40001500150020008008008-155-105-10DirectorManagerExpertMINMAXR&DRGF 2024 SALARY WATCH DATA:MAINLAND CHINARMB(Un

35、it:1,000)TECHNOLOGY,MEDIA&TELECOMMUNICATIONINDUSTRIALMANUFACTURINGThe rise of intelligent manufacturing,along with the advancement and utilization of AIGC and AI large models,has resulted in an increased need for research and devel-opment as well as technical expertise in areas such as autonomous ve

36、hicles,digital intelligent autonomous systems,public trans-portation,and logistics services.It is quite common for multiple companies to vie for the same pool of talent,with a particular focus on individuals possessing cross-func-tional skills and high-level engineering capa-bilities.Transportation(

37、Aviation&Aero-space)and Supply ChainAccording to the distribution of enterprises in Chinas aviation manufacturing industry chain,foreign aviation investments in China focus on the field of manufacturing and maintenance,with a relatively small propor-tion of R&D investment.2 Sustainable devel-opment

38、is believed to be the future priority for global aviation companies to invest in China,especially in the eVTOL manufactur-ing and power battery sections.Regardless of the aviation,shipping,auto-motive,or logistics sectors,the highest demand for technical and management talents is still for R&D profe

39、ssionals with spe-cialized skills and extensive experience.De-spite the industrys overall conservative recruitment demand,mid-level talents can expect a salary increase of 15-20%when opting for new opportunities.Since the introduction of the Made in China 2025 plan 8 years ago,the govern-ment has co

40、ntinued to support emerging industries such as electrical machinery,equipment manufacturing,and automobile manufacturing.Data released by the Nation-al Energy Administration in July 2023 showed that renewable energy installed capacity historically exceeded coal power,and data in the second half of t

41、he year also showed the vigorous development of the new energy industry.1 The new energy indus-try has also experienced significant develop-ment,thanks to the removal of foreign invest-ment restrictions.This has attracted more investment from the Middle East and Europe in the new energy vehicle sect

42、or,fostering a healthy competitive environment and promot-ing the advancement of related industries.Smart ManufacturingIn terms of advanced manufacturing,the concentration of management and technical talents is primarily in Beijing,Shanghai,Guangzhou,and Shenzhen.However,other emerging cities such a

43、s those in the Pearl River Delta,Yangtze River Delta,and Bei-jing-Tianjin-Hebei region are also becoming increasingly appealing to talents.Cities like Wuxi,Foshan,and Shijiazhuang are includ-ed in this trend.When considering specific fields,the salary in innovative sectors,partic-ularly smart manufa

44、cturing,are the most attractive,leading to a higher influx of fresh talents in 2023.10https:/ Chemical,Energy and MaterialsThe shift from traditional mining and pro-cessing to innovative materials has led to a shift in the job market within the chemical,energy,and materials industries.In 2023,the mo

45、st sought-after positions are those related to application design,product devel-opment,and sales.These roles require pro-fessionals with expertise in their respective fields,as well as strong communication skills,adaptability,and market knowledge.Due to the need for continuous improve-ment and accum

46、ulation of these skills,there is a relatively limited supply of qualified can-didates.12KEY SALARY INCREASE FIGURESAverage salary increase receivedby employees2022202316%4%Average salary increased employersare expected to offer2023202415%5%Employees salary increaseexpectations during job searchingin

47、 the next 6-12 months2023202430%25%HOT JOBSPredicted salary increase forchanging jobs in 2024+18%R&D manager/supervisor/engineerEngineering Localization,NPI-New Product Introduction.Skills in Demand:Predicted salary increase forchanging jobs in 2024+25%Application EngineeringField Application,Applic

48、ation Development.Skills in Demand:a)Smart Manufacturing13Predicted salary increase forchanging jobs in 2024+18%Supply Chain Management ManagerDemand Planning,Logistics Management,Supply Chain Digitalization.Skills in Demand:Predicted salary increase forchanging jobs in 2024+25%Sales&Marketing Busin

49、ess Development ManagerBD to Life Science,Electronics,New Energy Segments.Skills in Demand:Predicted salary increase forchanging jobs in 2024+28%R&D:Hardware&SoftwareOverall Structural Design,Project Management and Coordination.Skills in Demand:Predicted salary increase forchanging jobs in 2024+35%R

50、&D:Battery Management SystemFull Life Cycle R&D Project Management.Skills in Demand:Predicted salary increase forchanging jobs in 2024+20%Quality Management0-1 Quality System Establishment.Skills in Demand:HOT JOBSb)Transportation(Aviation&Aerospace)and Supply Chain14HOT JOBSPredicted salary increas

51、e forchanging jobs in 2024+24%Sales1.Previous experience and familiarity with specific products and industries,2.excellent communication and teamwork skillsSkills in Demand:Predicted salary increase forchanging jobs in 2024+18%Technique Service1.Technical capabilities for specific products,2.familia

52、rity with specific industry applications,3.excellent communication and teamwork skillsSkills in Demand:c)Chemical,Energy and MaterialsINDUSTRIAL MANUFACTURINGSMART MANUFACTURING15RGF 2024 SALARY WATCH DATA:MAINLAND CHINAPositionWorkingExperience(yrs.)4800 28002800950 95080015-3515-3515-35CEO/Preside

53、ntGMVPMINMAXSenior ManagementPositionWorkingExperience(yrs.)110068040060037025015-2010-205-8DirectorManagerEngineerMINMAXApplication EngineeringPositionWorkingExperience(yrs.)2000800145040035060040040020018015-2010-205-108-105-8DirectorManager Excellence LeaderSupervisorEngineerMINMAXManufacturing,P

54、roduction&OperationPositionWorkingExperience(yrs.)180090060045090050040025010-205-105-83-5DirectorManagerSupervisorEngineerMINMAXSupply Chain ManagementPositionWorkingExperience(yrs.)100068040042050030028020015-208-158-103-5DirectorManagerSupervisor EngineerMINMAXQuality Management*Salary Definition

55、:Annual Basic Salary(not including allowance,stock,bonus etc.)PositionWorkingExperience(yrs.)2400135052046056044030023015-2010-205-83-5DirectorManagerSupervisorEngineerMINMAXR&DRMB(Unit:1,000)PositionWorkingExperience(yrs.)100060035032048029025022015-208-155-103-5DirectorManagerSupervisor EngineerMI

56、NMAXProject ManagementPositionWorkingExperience(yrs.)180077080058011006606003003802506002508-155-85-83-510-205-10Sales DirectorSales ManagerBusiness Development ManagerAccount ManagerMarketing DirectorMarketing ManagerMINMAXSales&MarketingRGF 2024 SALARY WATCH DATA:MAINLAND CHINA*Salary Definition:A

57、nnual Basic Salary(not including allowance,stock,bonus etc.)TRANSPORTATION(AUTO,AVIATION)&SUPPLY CHAINPositionWorkingExperience(yrs.)4000 300025002000 1200130015-2015-2515-20CEO/PresidentGMVPMINMAXSenior Management16PositionWorkingExperience(yrs.)30001500800700120050040030010-205-105-83-8DirectorMan

58、agerSupervisorEngineerMINMAXR&D-Battery Management SystemPositionWorkingExperience(yrs.)25001200800600120060040030010-205-105-83-8DirectorManagerSupervisorEngineerMINMAXR&D-Big DataPositionWorkingExperience(yrs.)1800150080060060045040030010-208-155-83-8DirectorManagerSupervisorEngineerMINMAXR&D-Soft

59、ware&HardwareRMB(Unit:1,000)INDUSTRIAL MANUFACTURINGPositionWorkingExperience(yrs.)25001200800600120060040030010-205-105-83-8DirectorManagerSupervisorEngineerMINMAXR&D-AIPositionWorkingExperience(yrs.)1600100065060080060040030010-205-103-81-3DirectorManagerSupervisorEngineerMINMAXManufacturing Opera

60、tionPositionWorkingExperience(yrs.)180090060035090040030020010-208-155-83-8DirectorManagerSupervisorEngineerMINMAXDesigningPositionWorkingExperience(yrs.)180090070050080050040030010-205-105-83-5DirectorManagerSupervisorEngineerMINMAXSupply Chain ManagementPositionWorkingExperience(yrs.)1200800600400

61、80050030025010-208-155-83-8DirectorManagerSupervisorEngineerMINMAXNew Production IntroductionPositionWorkingExperience(yrs.)120080080060060050040030010-205-105-83-5DirectorManagerSupervisorEngineerMINMAXProject ManagementRGF 2024 SALARY WATCH DATA:MAINLAND CHINA*Salary Definition:Annual Basic Salary

62、(not including allowance,stock,bonus etc.)17PositionWorkingExperience(yrs.)100070045030060040020018010-205-103-81-3DirectorManagerSupervisorEngineerMINMAXQuality ManagementPositionWorkingExperience(yrs.)2000120070080050035010-205-103-5DirectorManagerSupervisorMINMAXSalesRMB(Unit:1,000)INDUSTRIAL MAN

63、UFACTURINGPositionWorkingExperience(yrs.)150070050065045030010-205-103-5DirectorManagerSupervisorMINMAXMarketingRGF 2024 SALARY WATCH DATA:MAINLAND CHINA*Salary Definition:Annual Basic Salary(not including allowance,stock,bonus etc.)18CHEMICAL,ENERGY&MATERIALSPositionWorkingExperience(yrs.)4500 3200

64、28002500 1800150015-2015-2015-20CEO/PresidentGMVPMINMAXSenior ManagementPositionWorkingExperience(yrs.)1800850650400100052040028010-205-105-83-5DirectorManagerSupervisorEngineerMINMAXSupply Chain ManagementPositionWorkingExperience(yrs.)140085050025070055030015010-208-155-83-8DirectorManagerSupervis

65、orEngineerMINMAXProject Development&ManagementPositionWorkingExperience(yrs.)140080041026065040022014010-205-105-83-5DirectorManagerSupervisorEngineerMINMAXProduct&OperationRMB(Unit:1,000)INDUSTRIAL MANUFACTURINGPositionWorkingExperience(yrs.)1500100052028072055030012010-208-155-83-8DirectorManagerS

66、upervisorEngineerMINMAXEngineering DesigningPositionWorkingExperience(yrs.)150090050090045030010-208-153-8DirectorManagerSupervisorMINMAXMarketingPositionWorkingExperience(yrs.)1500100055040082045035021010-208-155-83-8DirectorManagerSupervisorEngineerMINMAXProduct&Application DevelopmentPositionWork

67、ingExperience(yrs.)150050030060030018010-208-153-8DirectorManagerSupervisorMINMAXSalesPositionWorkingExperience(yrs.)120060045030060035028014010-208-155-83-8DirectorManagerSupervisorEngineerMINMAXTechnic ServicePositionWorkingExperience(yrs.)25001200750120065040010-208-155-8DirectorManagerSupervisor

68、MINMAXInvestment&AcquisitionRGF 2024 SALARY WATCH DATA:MAINLAND CHINA*Salary Definition:Annual Basic Salary(not including allowance,stock,bonus etc.)19RMB(Unit:1,000)INDUSTRIAL MANUFACTURINGELECTRONICS&SEMICONDUCTORJapan,and South Korea with well-developed industry chain,still face significant short

69、ag-es.Consequently,the industry is expected to experience a mix of both growth and decline in 2024,necessitating adjustments in personnel structure and an expansion of recruitment.In the current highly competitive environment,attracting and retaining talent has become even more challenging for the c

70、ompanies.According to the annual and quarterly finan-cial reports released by many major manu-facturers,Samsung Electronics net profit has declined for the first time in three years,1 and TSMC raised concerns about the indus-trys development in 2024,2 issuing a warn-ing.The revenue generated by manu

71、factur-ers has fallen short of expectations,leading them to initiate a reduction in investment expenditures.This overall weakness in indus-try demand is showing signs of spreading across the sector.Consequently,major man-ufacturers are adopting a cautious approach towards 2024,anticipating that corp

72、orate and talent income may remain stagnant or even experience a slight decline compared to 2023.However,from a long-term per-spective,the current flatness is also laying a solid foundation for growth in the future.Therefore,it is crucial for companies to be prepared for potential challenges and ada

73、pt accordingly.In 2023,the electronics and semiconductor industry witnessed numerous significant political announcements.The establishment of the European Semiconductor Regional Alliance by 27 European countries was a major highlight.Additionally,the United States,the Netherlands,and Japan imple-men

74、ted stricter export controls for semicon-ductors,leading to increasing spending on equipment for China local manufacturers.Furthermore,the return of the Huawei Mate 60 series,equipped with domestic chips,revitalized the consumer electronics market,and bolstered confidence in the localization of the

75、industrial chain.As a result,there was a shift in local investment towards the semi-conductor equipment and components sector.Salaries in the electronics and semiconduc-tor industry experienced a decline in 2023,aligning with the prevailing cyclical downturn in the market.Enterprises in China were b

76、rought about to reduce their demand for employment accordingly.Moreover,job requirements in this sector had become more stringent,with a focus on specialized skills and expertise.The transition from a sell-ers market to a buyers market is evident.However,despite these challenges,the demand for talen

77、t in the electronics and ma-terials industry remains high in comparison to other sectors within the manufacturing industry.This talent gap is particularly pro-nounced in the areas of integrated circuit and semiconductor chip manufacturing,where China,Europe,the United States,20https:/ SALARY INCREAS

78、E FIGURESAverage salary increase receivedby employees2022202319%2%Average salary increased employersare expected to offer2023202416%6%Employees salary increaseexpectations during job searchingin the next 6-12 months2023202426%24%HOT JOBSPredicted salary increase forchanging jobs in 2024+27%IC Design

79、1.Technical Background;2.Familiarity With Specific Development tools;3.Good Communication and Teamwork Skills.Skills in Demand:Predicted salary increase forchanging jobs in 2024+9%Product&Application Development1.Technical Background;2.Specific Product and Industry Application Experience;3.Good Comm

80、unication and Teamwork Skills.Skills in Demand:Predicted salary increase forchanging jobs in 2024+3%Technical Service&Field Application1.Technical Background;2.Specific Product and Industry Application Experience;3.Good Communication and Teamwork Skills.Skills in Demand:2122ELECTRONICS&SEMICONDUCTOR

81、RGF 2024 SALARY WATCH DATA:MAINLAND CHINAPositionWorkingExperience(yrs.)5000 400030003000 2000150015-2015-2015-20CEO/PresidentGMVPMINMAXSenior ManagementPositionWorkingExperience(yrs.)3000200015008002000110080040010-208-155-83-8DirectorManagerSupervisorEngineerMINMAXIC DesignPositionWorkingExperienc

82、e(yrs.)120080050030080050030015010-205-105-83-5DirectorManagerSupervisorEngineerMINMAXProduct&OperationPositionWorkingExperience(yrs.)1800150010005501200100050025010-208-155-83-8DirectorManagerSupervisorEngineerMINMAXProject Development&Management PositionWorkingExperience(yrs.)200015008005001500800

83、50030010-208-155-83-8DirectorManagerSupervisorEngineerMINMAXProduct&Application DevelopmentPositionWorkingExperience(yrs.)18001200800500100080050020010-205-105-83-5DirectorManagerSupervisorEngineerMINMAXSupply Chain Management*Salary Definition:Annual Basic Salary(not including allowance,stock,bonus

84、 etc.)RMB(Unit:1,000)23*Salary Definition:Annual Basic Salary(not including allowance,stock,bonus etc.)PositionWorkingExperience(yrs.)120010007008006003008-155-83-8ManagerSupervisorEngineerMINMAXTechnical Service&Field ApplicationPositionWorkingExperience(yrs.)180090050090050030010-208-153-8Director

85、ManagerSupervisorMINMAXMarketingPositionWorkingExperience(yrs.)20001200800100060040010-208-153-8DirectorManagerSupervisorMINMAXSalesRGF 2024 SALARY WATCH DATA:MAINLAND CHINARMB(Unit:1,000)ELECTRONICS&SEMICONDUCTORCONSUMER GOODS&RETAILhttps:/ positions such as business managers,senior managers,and as

86、sociate directors,candidates need to have overseas experience,foreign language skills,and negotiation skills.These skills will help them effectively promote products in the global market and communicate effectively with international partners.In the domestic and cross-border e-commerce field,senior

87、man-agers and managers need to have live streaming experience,large-scale business management capabilities,and negotiation skills.Live streaming experience will help them better use this emerging sales channel.They are also required to manage large-scale businesses and negotiate the best trading con

88、ditions with suppliers and customers.Likewise,for customer relationship manage-ment,senior managers and managers need to have private domain operation experi-ence,data sensitivity,and project depth.Private domain operation experience will help them manage customer relationships more effectively,impr

89、ove customer satisfac-tion and loyalty.These are all factors that need to be considered in the recruitment process to ensure that the company can find the most suitable talent.This is also an important means for the company to achieve its strategic goals.In 2023,with the increase in economic pressur

90、e and uncertainty,both consumers and brands have become more conserva-tive.Trends such as rational consumption,personalized consumption,and sustainable consumption remain important.1 The devel-opment of the Internet and e-commerce has sparked a revolutionary wave in the consum-er goods sector,accele

91、rating the optimiza-tion of products,channels,and services.As can be seen from government reports,poli-cies such as“promoting consumption recov-ery and stabilizing the consumer market”have enabled the consumer goods industry to recover at a faster pace compared to other sectors.Looking forward to 20

92、24,the importance of globalization and the layout of the sinking market will become increasingly prominent,the integration of online and offline channels will become a trend,and the penetration of intelligence and technolo-gy will accelerate industry transformation.Particularly,under the new consump

93、tion trend,how to create a consumer experience for individual needs will also become the key to success for industry players.When it comes to recruitment,its strategic significance is increasingly prominent.70%of recruiters report that recruitment teams now play a role at the company s deci-sion-mak

94、ing level.2 This shows that recruit-ment has gone beyond the traditional human resources category and has become an important part of corporate strategy.In spe-cific operations,the business transformation ability of candidates will be given priority.241.2.25Sales&Business Development Manager/Senior

95、Manager/Associate DirectorInternational Background,Proficiency In A Foreign Language,Negotiation Skills.Skills in Demand:Domestic&Cross-border Ee-commerce Management Senior Manager/ManagerLive Streaming Experience,Large Business Volume Experience,Negotiation Skills.Skills in Demand:CRM Management Ma

96、nager/Senior ManagerPrivate Domain Operation Experience,Data Sensitivity,In-depth Project Experience.Skills in Demand:HOT JOBS26CONSUMER GOODS&RETAILRGF 2024 SALARY WATCH DATA:MAINLAND CHINAPositionWorkingExperience(yrs.)25002300300016001800200010-2010-2015-20GM/BU HeadVPCOOMINMAXSenior ManagementPo

97、sitionWorkingExperience(yrs.)40001000450100040025010-205-103-5Director/HeadManager/Senior Manager/ADSupervisorMINMAXSales&Business DevelopmentPositionWorkingExperience(yrs.)4500100080045070050040025012-2510-185-153-6Director/GMGroup Leader/Associate DirectorSenior Manager/ManagerSupervisor/AMMINMAXD

98、omestic&Cross-border E-commerce ManagementPositionWorkingExperience(yrs.)1500900120050010-205-10DirectorManagerMINMAXBusiness Strategy&Commercial*Salary Definition:Annual Basic Salary(not including allowance,stock,bonus etc.)PositionWorkingExperience(yrs.)2200950400100040025010-205-103-5DirectorMana

99、ger/Senior ManagerSupervisorMINMAXCRM ManagementPositionWorkingExperience(yrs.)250080035080040025010-205-103-5DirectorManagerSupervisorMINMAXDigitalPositionWorkingExperience(yrs.)1400900500100050030010-205-103-8DirectorManagerSupervisorMINMAXMarketing&BrandingPositionWorkingExperience(yrs.)150090050

100、0100050025010-205-103-5DirectorManagerSupervisorMINMAXPR&CommunicationRMB(Unit:1,000)27*Salary Definition:Annual Basic Salary(not including allowance,stock,bonus etc.)PositionWorkingExperience(yrs.)200080040080040020012-205-103-5DirectorManagerSupervisorMINMAXSupply chain/ProcurementPositionWorkingE

101、xperience(yrs.)150080050080050025010-205-103-5DirectorManagerSupervisorMINMAXProduct/Category ManagementPositionWorkingExperience(yrs.)13008004508005002508-155-83-5DirectorManagerSupervisorMINMAXVisual merchandisingRGF 2024 SALARY WATCH DATA:MAINLAND CHINARMB(Unit:1,000)CONSUMER GOODS&RETAILHEALTHCA

102、RE&LIFE SCIENCESIn 2023,the healthcare and life sciences fields had a significant demand for talent recruitment in production operations and quality management.While large companies are targeting the Southeast Asian market,the Chinese market remains unmatched in terms of growth,scale,and innovation.

103、Whether its local or multinational medical companies,there is a strong need for establishing pro-duction bases and managing quality sys-tems.These companies require individuals with experience in factory construction and product introduction.Local companies prior-itize government resources and risk

104、manage-ment,while multinational companies seek talent familiar with relevant laws and local policies.In 2023,there has been a notable decrease in the recruitment demand for companies in the healthcare and life sciences sectors com-pared to the previous year.This decline has resulted in changes to re

105、cruitment plans,including job freezes,and has consequently led to a longer recruitment process.While the salary increase itself has been reduced,the salary increase brought about by job-hopping is generally cautious.Overall,the salary increase for candidates in this industry has slowed down both wit

106、hin and outside the company.2023 marks a significant year as it signifies the complete transition into the post-pandem-ic era.This transition has not been without its challenges for global medical device com-panies,as the global macroeconomics have undergone changes.The demand for COVID-19 testing h

107、as drastically decreased,putting pressure on these companies to find new avenues for business growth.Conse-quently,the industry has experienced a slow-down in development.In response to these challenges,major multinational companies have been forced to adjust their business focus and restructure the

108、ir organizations.Rather than investing in the diagnostic field,these companies have chosen to increase their investments and foster innovative col-laborations in China in the areas of imaging,IVD(in-vitro diagnostics),and medical artifi-cial intelligence.This strategic move aims to capitalize on opp

109、ortunities and ensure sus-tainable development in the ever-evolving medical device industry.In contrast,the biopharmaceutical industry is experiencing a slowdown in both the pro-duction and sales of chemical generics drugs.This has led foreign companies to reassess their presence in the Chinese mark

110、et,while local life science companies are increasingly venturing abroad.As a result,there is a growing emphasis on candi-dates possessing their own customer and channel resources when hiring for market or business development roles,reflecting the increasing demand for overseas market expansion.28KEY

111、 SALARY INCREASE FIGURESAverage salary increase receivedby employees2022202320%2%Average salary increased employersare expected to offer2023202413%6%Employees salary increaseexpectations during job searchingin the next 6-12 months2023202429%25%29Predicted salary increase forchanging jobs in 2024+30%

112、Production&Operations DirectorNew Factory Building,NPI(New Product Introduction).Skills in Demand:HOT JOBSPredicted salary increase forchanging jobs in 2024+25%Quality ManagerQMS(Quality Management System Introduction).Skills in Demand:HEALTHCARE&LIFE SCIENCES30RGF 2024 SALARY WATCH DATA:MAINLAND CH

113、INA*Salary Definition:Annual Basic Salary(not including allowance,stock,bonus etc.)PositionWorkingExperience(yrs.)1800800350650 320 20010-158-123-8DirectorManagerNon-managementMINMAXProduction&OperationsPositionWorkingExperience(yrs.)2000 1000 600800 400 30010-158-123-8DirectorManagerSupervisorMINMA

114、XQualityPositionWorkingExperience(yrs.)1500 900 600500 300 25012-208-123-8DirectorManagerNon-managementMINMAXRegulatory AffairsPositionWorkingExperience(yrs.)1000 1330 800 500300 800 500 3008-1515-205-153-8DoctorDirectorManagerResearcherMINMAXMedical AffairsPositionWorkingExperience(yrs.)2400 1500 5

115、50 700700 450 330 30012-208-123-85-15DirectorManagerResearcherLab ManagerMINMAXR&DPositionWorkingExperience(yrs.)4800 4500 3200 2000 24002200 1200 1200 1000 800 15-2015-2015-2012-2010-20CEO/PresidentGMVPCXOBU HeadMINMAXSenior Management/General ManagementRMB(Unit:1,000)PositionWorkingExperience(yrs.

116、)2400 700 350600 300 18010-158-123-8DirectorManagerNon-managementMINMAXSales&MarketingPositionWorkingExperience(yrs.)1300 780 480800 350 20012-208-123-8DirectorManagerNon-managementMINMAXTechnical Support&ApplicationFINANCIALSERVICESThe complexity of domestic and internation-al situations has far ex

117、ceeded expectations.Globally,there is significant uncertainty sur-rounding economic growth,geopolitical ten-sions continue to escalate,and inflation levels in Western economies remain abnor-mal.Looking domestically,the economy may continue to be under pressure in 2024 due to a decline in external de

118、mand,insufficient domestic demand,employment pressure,and a slowdown in investment.However,with the implementation of a series of growth stabilization policies in China,the potential for service consumption continues to be released,and the endogenous growth momentum of the economy is expected to str

119、engthen.Notably,important market partici-pants such as Central Huijin Investment,insurance funds,listed companies,and asset management institutions have gradually increased their market entry efforts under the support of low market positions and poli-cies.It is worth mentioning that in the past vola

120、tile year,not only has the overall perfor-mance of quantitative private equity funds been outstanding,but the number of billion-dollar quantitative private equity funds has also continued to expand.As of the third quarter of 2023,the number of billion-dollar quantitative private equity funds has inc

121、reased to 33,an increase of 3 from the end of the second quarter.However,behind such rapid development,the issue of homogenization has emerged,and how to achieve differentiation through talent will be one of the important topics for financial insti-tutions.In the dollar fund segment,investments in C

122、hina have generally tightened or stagnated due to tensions in the US-China relationship,31which has made the new round of fundrais-ing for dollar funds challenging and difficult.However,sovereign funds represented by petrodollars such as Mbadala and Abu Dhabi are expanding their investments in China

123、,which brings new opportunities for domestic hybrid PEVC and dollar funds.From the recruitment perspective,there is a general increase in job opportunities in investor relations,and the demand for invest-ment jobs in new energy,hard technology and other directions is also quite abundant.Among the se

124、gmented investment tracks,consumer PEVC is now focusing a lot of energy and resources on the Southeast Asia region,while domestic consumer projects already invested in are vigorously carrying out post-investment management and em-powerment,therefore,the demand for con-sumer investment talents very m

125、uch expects candidates to have Southeast Asia invest-ment experience and emphasizes whether the candidates have strong post-investment management capabilities,and some cross-discipline candidates such as those from the management consulting field Can-didates from across sectors,such as man-agement c

126、onsulting,are highly sought after in this change.The life sciences investment segment has seen a general slowdown in the pace of investment due to the impact of domestic aggregation and pharmaceutical anti-corruption.Innovative pharmaceuticals and IVDs remain popular areas,and the requirements for c

127、andidates usually require a Ph.D.degree in biopharmaceuticals and the ability to have successful investment experience in the segment.The hard tech track,on the other hand,prefers to welcome candidates with industrial experience and a background in science and technology.32KEY SALARY INCREASE FIGURE

128、SAverage salary increase receivedby employees2022202323%5%Average salary increased employersare expected to offer2023202418%-1%Employees salary increaseexpectations during job searchingin the next 6-12 months2023202429%18%HOT JOBSPredicted salary increase forchanging jobs in 2024-3%+5%Quantitative R

129、esearch ManagerMulti-factor Stock Selection,Alpha Strategy,Enhanced.Skills in Demand:Predicted salary increase forchanging jobs in 2024-3%+5%Private Equity Managing DirectorInvestment,Fund raising,Portfolio Management,Portfolio Exit.Skills in Demand:Predicted salary increase forchanging jobs in 2024

130、-3%+5%Institutional Sales DirectorStrong Networking,Product Knowledge.Skills in Demand:33FINANCIAL SERVICESFRONT OFFICERGF 2024 SALARY WATCH DATA:MAINLAND CHINAPositionWorkingExperience(yrs.)3200 1600 1100 7002100 1200 80040015-208-153-81-3Managing DirectorDirectorAssociateAnalystMINMAXFixed Income

131、SalesPositionWorkingExperience(yrs.)2500 1600 900 7002200 1000 700 50015-208-153-81-3Managing DirectorDirectorAssociateAnalystMINMAXFixed Income TradingPositionWorkingExperience(yrs.)3300 1900 1300 10002200 1300 900 50015-208-153-81-3Managing DirectorDirectorAssociateAnalystMINMAXInvestment BankingP

132、ositionWorkingExperience(yrs.)3100 1600 800 4001100 700 400 20015-208-153-81-3Managing DirectorDirectorAssociateAnalystMINMAXInvestment Portfolio Management*Salary Definition:Annual Basic Salary(not including allowance,stock,bonus etc.)PositionWorkingExperience(yrs.)4200 1800 1000 500190010004003001

133、5-208-153-81-3Managing DirectorDirectorAssociateAnalystMINMAXTransaction Banking SalesPositionWorkingExperience(yrs.)2500 1500 1000 6001300 1100 700 400 15-208-153-81-3Managing DirectorDirectorAssociateAnalystMINMAXRelationship ManagementRMB(Unit:1,000)34PositionWorkingExperience(yrs.)2200 1900 1300

134、 11001900 1400 1000 60015-208-153-81-3Managing DirectorDirectorAssociateAnalystMINMAXEquity SalesPositionWorkingExperience(yrs.)7300 3100 1200 6001200 1000 400 20015-208-153-81-3Managing DirectorDirectorAssociateAnalystMINMAXPrivate EquityPositionWorkingExperience(yrs.)2700 3000 1900 17001900 1600 1

135、500 90015-208-153-81-3Managing DirectorDirectorAssociateAnalystMINMAXEquity TradingPositionWorkingExperience(yrs.)2300 2000 1600 9001900 1200 900 50015-208-153-81-3Managing DirectorDirectorAssociateAnalystMINMAXDerivative StructuringPositionWorkingExperience(yrs.)4700 2400 1200 4002400 1300 500 3001

136、5-208-153-81-3Managing DirectorDirectorAssociateAnalystMINMAXEquity ResearchPositionWorkingExperience(yrs.)2400 2200 1300 6002500 1600 800 50015-208-153-81-3Managing DirectorDirectorAssociateAnalystMINMAXFX/CommoditiesRGF 2024 SALARY WATCH DATA:MAINLAND CHINA*Salary Definition:Annual Basic Salary(no

137、t including allowance,stock,bonus etc.)PositionWorkingExperience(yrs.)5600 1000 7001000 500 3008-153-81-3Portfolio ManagerSenior Quant ResearcherQuant ResearcherMINMAXQuantitative ResearchPositionWorkingExperience(yrs.)4400 1500 700 4002300 700 400 20015-208-153-81-3Managing DirectorDirectorAssociat

138、eAnalystMINMAXInstitutional SalesRMB(Unit:1,000)FINANCIAL SERVICES35PositionWorkingExperience(yrs.)4600 1800 1000 6003400 1400 700 50015-208-153-81-3Managing DirectorDirectorAssociateAnalystMINMAXFund ManagementRGF 2024 SALARY WATCH DATA:MAINLAND CHINA*Salary Definition:Annual Basic Salary(not inclu

139、ding allowance,stock,bonus etc.)MIDDLE OFFICEPositionWorkingExperience(yrs.)1400 700 600 3001200 500 400 20015-208-153-81-3Managing DirectorDirectorAssociateAnalystMINMAXOperationPositionWorkingExperience(yrs.)1900 1500 600 2001000 700 300 20015-208-153-81-3CRODirectorAssociateAnalystMINMAXRisk Mana

140、gementPositionWorkingExperience(yrs.)1400 1200 1000 4001000 800 400 20015-208-153-81-3Managing DirectorDirectorAssociateAnalystMINMAXTrade and Sales SupportPositionWorkingExperience(yrs.)3700 1600 1000 8001600 1200 700 40015-208-153-81-3Managing DirectorDirectorAssociateAnalystMINMAXTreasuryRMB(Unit

141、:1,000)FINANCIAL SERVICES36BACK OFFICERGF 2024 SALARY WATCH DATA:MAINLAND CHINAPositionWorkingExperience(yrs.)1300 500600 4008-153-8DirectorManagerMINMAXInternal IT*Salary Definition:Annual Basic Salary(not including allowance,stock,bonus etc.)PositionWorkingExperience(yrs.)1200 600500 4008-153-8Dir

142、ectorManagerMINMAXAudit&CompliancePositionWorkingExperience(yrs.)1000 700500 3008-153-8DirectorManagerMINMAXLegalPositionWorkingExperience(yrs.)1200 1000500 5008-153-8DirectorManagerMINMAXIT RiskRMB(Unit:1,000)FINANCIAL SERVICESCORPORATESERVICES Human ResourcesHolistic experience is one of the essen

143、tial competencies of HR professionals.It is worth noting that the Chief Human Resourc-es Officer(CHRO)also needs to closely integrate the development of human resourc-es with the strategic objectives of the enter-prises forward-looking strategic thinking and team management capabilities.Unlike multi

144、-national enterprises and large domestic enterprises on the requirements of the HR director in the organizational development capabilities,small and medium-sized enter-prises need more HR directors with the abili-ty to build teams from 0-1.For HRBP/man-ager-level positions,companies will focus on th

145、e assessment of talent for business aware-ness,talent development strategy,and inter-nal diagnostic capabilities for the organiza-tion.Legal and ComplianceIn response to the introduction of personal information and data-related laws and anti-corruption requirements in China in recent years,companies

146、 have strengthened their requirements for legal and compliance talents.For companies of different sizes and natures,the recruitment of legal talents will focus on diversity,specialization and com-prehensiveness.Among them,multinational enterprises,due to their large scale and business scope often di

147、vided into countries or regions,need to have legal talents with better collaborative ability in order to In 2024,talent acquisition in corporate ser-vices areas will face more challenges and opportunities as the market becomes more competitive.Finance and AccountingIPOs and fundraising will be evolv

148、ed as one of the core competitive advantages for the Chief Financial Officer(CFO).With the power of the capital market,CFOs need to lead companies in capital operations and support their growth through the analysis of economic data and risk control.At the same time,they also need to maintain close c

149、on-tact with investors,business partners and the media to enhance the market capitalization management ability.For the CFO,when the company is in the stage of survival and growth,in addition to the traditional finan-cial budget management and risk control responsibilities,the key responsibility asse

150、ss-ment will include data analysis and forecast-ing,as well as upward communication with senior management,to provide strategic financial advice.Likewise,the FA manager is also the most to-be-ignored group of talent,the most important core competency in its accounting management and cost control cap

151、abilities,for example,through a reason-able cost control strategy,reduce the operat-ing costs of the enterprise,improve the level of profitability,increase the stability of the development of the enterprise is an import-ant criterion in the assessment of candidates for the FA manager.3738achieve the

152、 purpose of globalization collab-oration;large domestic enterprises have higher requirements for professional knowl-edge in the fields of data compliance and overseas experience on the basis of the day-to-day increase in the demand for over-seas business.This also makes the recruit-ment requirements

153、 increasingly refined,requiring more solid professional knowl-edge and experience to be competent,while SMEs pay more attention to relevant cultural adaptability and comprehensive legal literacy when recruiting legal talents.Compared with large enterprises,the busi-ness of small and medium-sized ent

154、erprises is relatively broad,and the corresponding legal issues are also more common,so talents are required to have rich experience in corporate legal affairs and a solid legal foundation.CORPORATESERVICES39KEY SALARY INCREASE FIGURESAverage salary increase receivedby employees2022202310%3%Average

155、salary increased employersare expected to offer202320248%-21%Employees salary increaseexpectations during job searchingin the next 6-12 months2023202435%25%HOT JOBSPredicted salary increase forchanging jobs in 2024No salary increase oreven possible reductionChief Financial OfficerIPO,Financing,Risk

156、control,External Communication,Market Value Management.Skills in Demand:ManagerAccounting Management,Financial Management,Team Management.Skills in Demand:Predicted salary increase forchanging jobs in 2024No salary increase oreven possible reductiona)Finance and Accounting40HOT JOBSPredicted salary

157、increase forchanging jobs in 2024+15%Chief Human Resource OfficerComprehensive Experience,Strategic Thinking,Team Management.Skills in Demand:Predicted salary increase forchanging jobs in 2024+7%DirectorComprehensive Experience,Team Management,Organization Development.Skills in Demand:Predicted sala

158、ry increase forchanging jobs in 2024+14%HRBP/ManagerClose To Business,Talent Development,and Organizational Diagnosis.Skills in Demand:Predicted salary increase forchanging jobs in 2024+15%b)Human Resourcesc)Legal and ComplianceGeneral Counsel Director/ManagerGlobal MNC:Employee Relationship,General

159、 Corporate Compliance,Data Compliance.Large Domestic Enterprise:Litigation,Team Management,Intellectual Property.SME:Related Industry Background,Corporate Law.Skills in Demand:-41CORPORATE SERVICES*Salary Definition:Annual Basic Salary(not including allowance,stock,bonus etc.)PositionCompany Type200

160、0 2000 2000 1800 1800 1200 750 750 500 400 400 400 400 300 200 1000 700 500 600 600 400 250 250 200 150 150 150 120 120 120 Global MNCLarge LocalSMEGlobal MNCLarge LocalSMEGlobal MNCLarge LocalSMEGlobal MNCLarge LocalSMEGlobal MNCLarge LocalSMEWorkingExperience(yrs.)15-2010-205-103-51-3CFODirectorMa

161、nagerSupervisor SpecialistMINMAXFinance&AccountingPositionCompany Type600025001300150010008009007006006005003504003002501500 700 500 900 600 400 500 300 300 400 300 250 250 200 150Global MNCLarge LocalSMEGlobal MNCLarge LocalSMEGlobal MNCLarge LocalSMEGlobal MNCLarge LocalSMEGlobal MNCLarge LocalSME

162、WorkingExperience(yrs.)12-2010-155-103-51-3General CounselDirectorManagerSupervisor SpecialistMINMAXLegal&CompliancePositionCompany Type10000 10000 5000 2000 2000 1500 800 800 6005000 5000 2000 800 800 600 400 400 300 Global MNCLarge LocalSMEGlobal MNCLarge LocalSMEGlobal MNCLarge LocalSMEWorkingExp

163、erience(yrs.)15-2012-205-10CHRODirectorHRBP/ManagerMINMAXHRPositionCompany Type450 450 300 250 250 250250 250 150 100 100 100Global MNCLarge LocalSMEGlobal MNCLarge LocalSMEWorkingExperience(yrs.)3-51-3Supervisor SpecialistMINMAXHRRGF 2024 SALARY WATCH DATA:MAINLAND CHINARMB(Unit:1,000)About RGF3 Se

164、rvice Brands Under RGF International RecruitmentAs the global brand of the Recruit Group,Recruit Global Family(RGF)is committed to delivering total human resource solutions of superior quality so individuals and companies of all sizes realise their full potential.We provide a one-stop solution for e

165、very talent need,from C-suite and senior business leaders to staff-level roles.With three service brands,RGF International Recruitment is the leading recruit-ment service provider in Asia and provides a wide range of recruitment solutions across 17 cities.We deliver strong cross-border recruitment s

166、olutions at all levels and across all industries and functions.Years of History25+Placements per Year10K+Offices across Asia17Focuses on senior executives to middle management search in order to fulfil organisational goals,strategic planning development,and overall decision-mak-ing that affects the

167、entire business organisation.RGFExecutive SearchHires of managerial and specialist positions who are essential to the real work of the busi-ness dealing with the people,customers,and teams driving the business cross-functional-ly.They can also be considered developmen-tal candidates for executive se

168、nior leadership positions.RGFProfessional RecruitmentFills a range of managerial,specialist,and staff positions at Japanese compa-nies that require Japanese language skills.Draws on a deep understanding of Japanese companies with a vast data-base of Japanese-speaking personnel to find the best candidates.RGFHR Agent42