Citizens of Shanghai have been enjoying an increase in average salary since the past year, a recent Shanghai Social Sciences Academy survey shows. The results indicate that there was a 5,144 yuan ($820) per-month raise in contrast to 2013’s 5,036 yuan ($800) rate.
The recent salary study was based on an interview with a total of 2,010 respondents aged between 18 and 65.
The survey showed that 20 percent have worked overtime for at least an hour every working day in 2014. Meanwhile, a large 70 percent remarked that they were satisfied with their jobs.
The highest salary-receiving group is the 30-39 age bracket, earning an average of 6,025.83 yuan ($960) per month. On the other end, those belonging to the age group 50-59 have earned the lowest, with a 4,291.95 yuan ($685) average monthly income.
Grabbing the top post in the highest-earning careers are the senior technical employees with an average monthly salary of 8,884 yuan ($1,400). They are followed by the self-employed (7,633 yuan/$1,200), enterprise administrative staff (7,114 yuan/$1,140), and government agencies and public institutions directors (6,355 yuan/$1,000).
The study further showed that general workers are the worst paid career group, with only a monthly salary average of 3,571 yuan ($570).
The academy's survey also showed that, on average, college graduates got a monthly compensation of 6,930.97 yuan ($1,100), a salary more than twice of those earned by employees with junior high school educational attainment or lower. Those in such bracket earned 3,408.74 yuan ($540).
Another relatively greater earner group is the bracket of employees in foreign-funded firms. A senior technical staff in such companies earn 11,053 yuan ($1,700), while doing the same job in non-foreign-funded business would only entail a 5,907 yuan ($940) salary.
Another fact revealed by the survey is that more than half of the respondents stated that they have received health examination once a year. However, a 22.8-percent portion of the respondents, mostly working for private entities, said that they did not have such health privileges.
Meanwhile, another more-than-50-percent part of the group said that they never got promotions in the previous year. A 57.9-percent statistic was recorded in private companies, showing that a number of privately employed Shanghai residents have been stuck in the same position since they were hired.