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China - Bank jobs attractive despite lagging salaries

18 March 2014

Banking is the hottest sector among job seekers in Shanghai but ranks only fifth in terms of salaries, an online recruitment company said in a survey reported by the ShanghaiDaily.com. 

An average 113.6 job seekers would apply for one vacancy in the banking sector every day in Shanghai, followed by environmental protection jobs with 77.8, Zhaopin.com said in a survey covering positions posted on the website over the past month.

In terms of salary, the average monthly pay offered in banking sector was CNY 8,045 (USD 1,308), lagging by far the best-paid professional services such as auditing, legal consultancy and human resources, where job seekers on average were offered  CNY 11,927  (USD 1,941) a month.

Intermediary services, online gaming and computer software sectors were also among the higher-salary jobs.

Sales are the most-needed professionals in Shanghai, while the real estate and construction sector is the biggest recruiter, the report said.

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