Expat pay packages rise in China: Survey
Expat pay packages for middle managers have increased in China to more than $276,000 per year on average, according to a survey.
In the Asia-Pacific region, the sum was only beaten by Japan, Australia and India, the survey by consulting firm ECA International revealed. The average package for a middle manager in Japan is worth $375,000, according to the survey.
The mainland overtook Hong Kong where the package is around $272,000 annually, slightly lower than Shanghai and Beijing.
However, not all Chinese cities offer such high pay.
“Expats’ benefits in tier-2 cities are still much lower than in tier-1 cities.” said Lee Quane, Asia director of ECA,
Three main elements determine an expatriate pay package: cash, benefits — such as accommodation, international schools, utilities or cars — and tax, ECA said.