Companies are often confused about different compensation levels and packaging in foreign countries. Carrington Day’s professionals has had many years of advising on salary benchmarking across jurisdictions.
China is quickly becoming a more mature labour market and salary rates are normalizing. However, there remain significant variations across China in the rates paid to professionals. There are differences between sectors, between cities and regions and the economics of a project can be put at risk when there is not solid knowledge of compensation variations.