In a continuing trend of mismatched salary expectations, Chinese employees expect significant pay increases in 2020, while employers maintain a more measured approach, finds the latest Asia Salary Guide report by leading recruitment experts Hays. Additionally, focus on employee benefits continues to decrease despite emerging as a key element to talent retention when compared to previous years.

While 2019 began as a promising year for recruitment in Asia, the ripple effect of a slowing global economy has seeded uncertainty within the region. This has contributed to a more conservative outlook for hiring and compensation in 2020, finds the latest Asia Salary Guide report by leading recruitment experts Hays. However, both employers and employees in China continue to maintain comparatively high expectations for increments in 2020 comparing to Asia counterparts, albeit alongside growing concerns over skill shortages.

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