Pay and promotion outweigh smog in China -

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Pay and promotion outweigh smog in China

Recent reports about how bad the smog situation has become in China may sound like a good reason not to up sticks and move to the country.

But the opportunities for talented expatriates in China are still plentiful and the lure of high pay and a jump up the career ladder are proving irresistible.

Since the global financial crisis hit, Asia has become a hotspot for top professionals from across the globe and Hong Kong and Singapore have seen numerous applicants.

It is China however, that is to see salaries increase higher than anywhere else on the continent in the coming months, reports the China Economic Review.

The Chinese economy grew by 7.7 per cent last year – its weakest pace since 1999, but in a global context this is still very strong.

Some 67 per cent of bosses on China's mainland intend to issue pay rises above six per cent this year, according to a new survey.

The research was carried out by Hays, a UK-based recruitment consultancy, which compared its findings in China with the rest of Asia.

In Singapore, 17 per cent of employers planned to give rises at this level to their staff and 29 per cent in Asia overall.

And the good news is not just for those who already have an expat career in China, but also anyone keen to relocate to the country.

Some 71 per cent of Chinese employers forecast their business will grow over the next year and 43 per cent see their permanent staff levels expanding with it.

Simon Lance, the regional director for Hays in China, told the news provider: "We've got a lot of inquiries from expats who want to relocate to Shanghai. They are prepared to accept compromises on life, air quality and those sorts of things."

It is not just the money that attracts expats to work in China, but the impact it can have on their careers.

Many understand that potential employers back in the UK see on-the-ground experience in China with a multinational firm as very important andthis can move them up the ladder quickly.

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