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Home >> Life
UPDATED: 16:44, February 22, 2006
Returned overseas graduates still in great demand
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A survey by China-US Chamber of Commerce shows that returned overseas graduates are still in great demand in China, especially by those foreign-funded companies. The statistics on the income of managerial personnel at various levels in foreign-funded companies illustrates that the average income rise for employees who returned from overseas to the Chinese mainland is on the top of the list, far exceeding that of their foreign colleagues and employees from HK and Macao SARs as well as Taiwan province.

Beijing Daily said that the income of the returned overseas graduates in foreign-funded enterprises registered an increase of 5.18 percent, the highest, followed by that of foreign employees, which stood at 5.03 percent, while income growth of HK employees ranked the third.

However, personnel from HK are still the ideal candidates for executive managerial posts, with their salary growth over five percent, while returned overseas graduates are quite competitive in the posts of departmental director and director of technology.

Although the employment prospects of returned overseas graduates are good, their incomes are by no means inferior to those of their colleagues from foreign countries, HK, Macao SARs and Taiwan province.

A survey on the income level of financial manager in foreign-funded companies shows that people from HK holding this post get the highest salary, with the average annual income reaching 200,000 US dollars, followed by European and American employees dispatched by headquarters, 180,000 US dollars annually, and foreign employees hired in China come at third. However, the annual income of returned overseas graduates who serve as financial manager is merely higher than that of mainland employees, some 150,000 US dollars and 90,000 US dollars respectively.

By People's Daily Online


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