News
News
12/9/2005
11:11 AM
Connect Directly
RSS
E-Mail
50%
50%

Survey: Electronics Managers In China Earn $8,000 A Year

Their desires sound like the hopes and dreams of managers everywhere. According to the survey, 43% would like to earn a higher salary, 42% want more career growth, and 32% want a position with more responsibility.

Electronics managers in China receive an average annual salary of slightly more than $8,000 with most receiving a yearly pay increase of 11 percent, according to a survey released Friday by Electronics Supply & Manufacturing-China (ESM-China,) a publication of Global Sources.

While salaries may be low compared with U.S. wages, most managers also receive benefits including pension plans and medical insurance. While improving, the salaries and benefits for managers in China are still low enough compared with the U.S. and other developed nations that high labor costs are unlikely to interfere with the unbridled growth of electronics and computer hardware manufacturing in China.

The Global Sources Salary & Career Development Survey polled 1,300 managers. "China's $373 billion electronics/IT market has a growing demand for capable managers," said ESM publishers Mark Saunderson in a statement. "Companies are improving their compensation packages and offering more opportunities for career growth to attract and keep managerial talent."

The study found that electronics managers typically work 47 hours a week. The largest industry segments polled were in consumer electronics where 27 percent were employed, 17 percent in communications and 15 percent in electronic components.

Their desires sound like the hopes and dreams of managers everywhere. Said Saunderson: "Managers are looking to enhance their current working conditions. Forty-three percent would like to earn a higher salary, 42 percent want more career growth, and 32 percent want a position with more responsibility."

Comment  | 
Print  | 
More Insights
The Business of Going Digital
The Business of Going Digital
Digital business isn't about changing code; it's about changing what legacy sales, distribution, customer service, and product groups do in the new digital age. It's about bringing big data analytics, mobile, social, marketing automation, cloud computing, and the app economy together to launch new products and services. We're seeing new titles in this digital revolution, new responsibilities, new business models, and major shifts in technology spending.
Register for InformationWeek Newsletters
White Papers
Current Issue
InformationWeek Tech Digest - July 22, 2014
Sophisticated attacks demand real-time risk management and continuous monitoring. Here's how federal agencies are meeting that challenge.
Flash Poll
Video
Slideshows
Twitter Feed
InformationWeek Radio
Archived InformationWeek Radio
A UBM Tech Radio episode on the changing economics of Flash storage used in data tiering -- sponsored by Dell.
Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.