/PRZWT/April 10, 2024 Beijing - In Quarter 1 of 2024, Zhaopin.com continues to release the "China Enterprise Recruitment Salary Report", which shows the recruitment salary levels of enterprises in 38 core cities in China [1]. In addition to showing the salary levels in the first quarter, this report also analyzes the changes in recruitment salary in key cities, key industries, and key occupations, providing reference for enterprises and job seekers to understand the market situation.
The average monthly salary of recruitment in the first quarter was 10,323 yuan, which decreased seasonally from the previous quarter and rebounded year-on-year
In the first quarter of 2024, the average recruitment salary of 38-city enterprises was 10,323 yuan/month, a seasonal decrease of 0.9% month-on-month and an increase of 2.2% year-on-year in the first quarter of last year. Looking at the percentiles of recruitment salaries, 25% of the recruitment salaries of 38-city enterprises were 6,000 yuan/month, with a median of 8,000 yuan/month and 75% percentiles of 11996 yuan/month.
Shanghai, Beijing, Shenzhen and Hangzhou continue to lead in salary, Zhuhai and Foshan improve their rankings
Among the 38 core cities across the country monitored by Zhaopin.com, Shanghai (13,617 yuan/month), Beijing (13,316 yuan/month) and Shenzhen (12,751 yuan/month) continue to lead the average recruitment salary, with a median salary of over 10,000 yuan. Hangzhou ranked fourth, with an average recruitment monthly salary of 11,879 yuan and a median salary of 9,500 yuan. Suzhou, Nanjing, Guangzhou, Ningbo, Zhuhai and Xiamen are still in the top ten, with an average salary of about 11,000 and a median salary of 8,500-9,000 yuan. In addition, Wuxi and Hefei in the Yangtze River Delta region, Dongguan and Foshan in the Pearl River Delta region, and Wuhan, Changsha, Chengdu and other provincial capital cities in the central and western regions also still have high recruitment salary levels.
Compared with the previous quarter, the average recruitment salary in Zhuhai and Foshan increased by 1% and 1.2% respectively, and the ranking of recruitment salary also rose by 1 and 2 places respectively. In February this year, Guangdong Province held the first session of the Chinese New Year to draw a blueprint for high-quality development. Cities have also clarified their development goals and accelerated the resumption of work and production. In particular, the recruitment of talents in the manufacturing industries such as automobile manufacturing, communication/telecommunications/network equipment, medical equipment/equipment, etc. in Zhuhai, Foshan and other Pearl River Delta cities has continued to heat up, and recruitment salaries have risen accordingly.
Wage growth in Northeast and Midwestern cities is gratifying, with Harbin leading the way
Among the 38 cities, Harbin ranked first with a year-on-year growth rate of 7%. In the first quarter of this year, Harbin's ice and snow tourism showed explosive growth. The tourism boom led to an increase in local employment, and the average recruitment salary of enterprises in the fields of tourism, transportation, hotel catering and fast-moving consumer goods increased by more than 10% year-on-year. Driven by Harbin's tourism heat radiation, other northeastern cities such as Dalian, Shenyang and Changchun also grew their recruitment salaries by more than 4% year-on-year in the first quarter, ranking among the top 15 cities.
It is worth mentioning that cities in the central and western regions are also gathering talents to accelerate economic development. The year-on-year growth rates of recruitment salaries in Taiyuan, Guiyang, Hefei, and Nanchang were 6.8%, 6.4%, 4.9%, and 4.4% respectively. They have attracted talents through salary increases. Zhengzhou and Xi'an also entered the top 15 cities with year-on-year growth rates in recruitment salaries. In addition, the average recruitment salaries in cities such as Shijiazhuang, Jinan, Tianjin, Foshan, and Xiamen also grew relatively rapidly this quarter.
Driven by the growth in service consumption, the salary rankings of entertainment, leisure, medical and beauty industries have risen
In terms of industry, fund/securities/futures/investment (13,374 yuan), banking (12,373 yuan), insurance (11,679 yuan) and other financial industries continue to lead the average recruitment salary, with a median salary of over 9,500 yuan. IT/Internet industries such as computer software, electronic technology/semiconductor/integrated circuit, IT services, as well as new energy/electrical/power, energy/mineral/mining/smelting, aviation/aerospace research and manufacturing, industrial automation and other industries ranked in the top ten, with an average monthly salary of 11,000-12,000, and a median salary of over 9,000 yuan.
The salary ranking of the service consumption industry has improved. The consumption structure of residents has changed, and the growth of service consumption is better than that of commodity consumption. The service consumption-related industries not only expand the recruitment demand, but also increase the recruitment salary. In the first quarter, the recruitment salary of the entertainment/sports/leisure, medical/nursing/beauty/health care/health service industries was 9,448 yuan and 9,713 yuan respectively, and the rankings were all improved by 7 places. At the same time, the flow of personnel, means of production and other factors was more active in the first quarter, driving the increase in labor demand in the transportation/transportation and logistics/warehousing industries. The salary ranking also rose by 8 and 1 places respectively.
In the first quarter, recruitment salaries in the hotel/catering, tourism/vacation industries increased by 10% year-on-year
From the perspective of the year-on-year growth rate of industry recruitment salaries, the hotel/catering industry has maintained growth for three consecutive quarters, and this quarter is at the top of the list with a growth rate of 10.6%. Tourism/vacation industry recruitment salaries rose by 9.3%, ranking second in terms of growth rate. Under the recovery momentum of service consumption, hotel/catering, tourism and other consumer demand continued to recover. Enterprises accelerated the expansion of talent demand, and the level of recruitment salaries rose. At the same time, the integration of online and offline consumption accelerated, which promoted the rapid value-added of the retail/wholesale industry. Salaries also rose by 6.2% year-on-year.
Core technical positions continue to earn high salaries, and investment and financing managers rank in the top five
In terms of occupation, chip engineer (22,767 yuan), artificial intelligence engineer (22,158 yuan) and senior management (20,893 yuan) are still the top three high-paying occupations. Core technical salaries continue to lead, with software R & D, hardware R & D, mobile R & D, automotive electronics engineers and data engineers still entering the top ten. Jobs such as energy-saving/energy engineers, biological/pharmaceutical R & D, electronics/electrical/automation engineers, front-end development, and mechanical design/manufacturing engineers can also receive high salaries.
This quarter, the monthly salary ranking of investment and financing manager recruitment rose to fourth place from seventh place in the previous quarter, an increase of 8.6% month-on-month to 16,908 yuan. With the launch of a new round of large-scale equipment renewal, enterprises' demand for investment and financing has risen, and there is an urgent need for relevant talent support, which has promoted the salary increase of corresponding positions. In addition, product managers, securities/fund brokers, banking and financial services, real estate transactions, public relations media, and real estate planning and development are also in the top 20 career recruitment salaries.
The salary increase of blue-collar jobs is leading the way, and the housekeeping position has increased by 20% year-on-year.
From the perspective of the year-on-year growth rate of occupational recruitment salaries, the growth rate of recruitment salaries for housekeeping/maintenance positions was the highest this quarter, up 20% compared with the same period last year. Blue-collar jobs in life services such as sports and fitness, hotel services, travel services, health and beauty, and catering services also increased by more than 10% year-on-year. The growth in service consumption drove up the demand for talents and salaries for related positions. In the first quarter, the recruitment salaries for blue-collar jobs in manufacturing also increased significantly. Passenger and freight drivers/crew, general workers/technicians, warehousing management, and clothing/textile/leather manufacturing also increased by 14.2%, 12.7%, 10.3%, and 8.8% respectively.
In recent years, the education and training industry has accelerated structural adjustment and service transformation, and early childhood education, vocational education, and quality-oriented education have become new hotspots in the industry, driving the recruitment of early childhood education/preschool education, study abroad counseling, and educational administration positions. Monthly salaries rose by 15.2%, 10.6%, and 10% respectively year-on-year.
According to Zhaopin.com data, in the first quarter of this year, the recruitment salary of domestic enterprises decreased seasonally month-on-month, and rebounded year-on-year. In Shanghai, Beijing, Shenzhen, Hangzhou and other cities, the financial industry and core technical positions continued to pay high salaries. Compared with last year, wages in Northeast and Midwest cities rose well, with hotels, catering, tourism and vacation and other service consumer industries and related blue-collar jobs leading the way. At present, the effectiveness of China's macro policies continues to show, consumer demand continues to pick up, innovation momentum continues to grow, the domestic economy generally rebounds, and the region, industry, and vocational recruitment market shows some new changes. Job seekers should adjust their expectations in a timely manner according to the trend of salary changes in the recruitment market, and choose employment channels and job search strategies reasonably.
