beijingwalker
ELITE MEMBER
- Joined
- Nov 4, 2011
- Messages
- 65,195
- Reaction score
- -55
- Country
- Location
The salary of Chinese in their twenties is the fourth highest among several Asian countries, according to a recent study by Japan's Hihon Keizai Shimbun (Nikkei).
The survey looked at the financial status of 2000 college graduates in their twenties in ten countries, namely China, Japan, South Korea, Singapore, Thailand, India, Indonesia, Vietnam, the Philippines and Malaysia.
Singaporean juniors top the chart with US$3,050 in monthly pay, followed by South Korea and Japan, where young employees receive a monthly salary of about US$2,118 and US$1,864 respectively. China ranked fourth with US$1,355 per month.
Vietnamese entry level employees earned the least in comparison with US$340.
In terms of "a sense of affluence over the past year," however, young professionals in Indonesia, who make US$593 monthly, ranked at the top, followed by China, Indonesia, and Vietnam with over 74% of the subjects saying they feel financially well-off in the past 12 months. On the contrary, in higher-paid Japan and South Korea, junior workers who have similar perceptions account for only 25% and 28% respectively.
As to their expected financial status after three years, more than 80% of the subjects from Indonesia and the Philippines believe they will be more well-to-do than people of their own age. About 83% of Chinese young employees are credit card holders and 62% of Malaysians interviewed say they are burdened with loans.
The survey looked at the financial status of 2000 college graduates in their twenties in ten countries, namely China, Japan, South Korea, Singapore, Thailand, India, Indonesia, Vietnam, the Philippines and Malaysia.
Singaporean juniors top the chart with US$3,050 in monthly pay, followed by South Korea and Japan, where young employees receive a monthly salary of about US$2,118 and US$1,864 respectively. China ranked fourth with US$1,355 per month.
Vietnamese entry level employees earned the least in comparison with US$340.
In terms of "a sense of affluence over the past year," however, young professionals in Indonesia, who make US$593 monthly, ranked at the top, followed by China, Indonesia, and Vietnam with over 74% of the subjects saying they feel financially well-off in the past 12 months. On the contrary, in higher-paid Japan and South Korea, junior workers who have similar perceptions account for only 25% and 28% respectively.
As to their expected financial status after three years, more than 80% of the subjects from Indonesia and the Philippines believe they will be more well-to-do than people of their own age. About 83% of Chinese young employees are credit card holders and 62% of Malaysians interviewed say they are burdened with loans.