2017 IT & Internet Salary Guide

Marlon Mai February 17, 2017 5 mins read

The 2017 IT China Salary Guide shows expected salaries for professionals working in corporate IT, Internet and FinTech.

Contents: Commentary on IT & Internet Roles and Remuneration in China for 2017

 

Corporate IT - Basic Salary Per Month
Role Infrastructure Manager Business Analyst Project Manager Application Manager IT Director
Manufacturing Industry ¥25k - ¥40k ¥18k - ¥25k ¥25k - ¥35k ¥30k - ¥45k ¥60k+
Banking ¥35k - ¥60k ¥25k - ¥35k ¥20k - ¥40k ¥20k - ¥35k ¥65k+
Pharmaceutical Industry ¥30k - ¥40k ¥20k - ¥30k ¥25k - ¥38k ¥35k - ¥45k ¥55k+
FMCG ¥20k - ¥30k ¥15k - ¥20k ¥20k - ¥30k ¥25k - ¥35k ¥55k+
Retail / Wholesale ¥20k - ¥30k ¥15k - ¥20k ¥20k - ¥30k ¥28k - ¥40k ¥50k+

 

Role Software Engineer Business Consultant Project Manager Program Manager / Architect CIO
IT Industry / Consulting Firm ¥15k - ¥25k ¥15k - ¥30k ¥20k - ¥30k ¥25k - ¥45k ¥80k - ¥150k

 

Internet - Basic Salary Per Month
Internet - Software Development - Basic Salary Per Month
Role Developer Architect / Lead Manager Director VP
IOS / Android ¥15k - ¥28k ¥28k - ¥35k ¥35k - ¥40k ¥35k - ¥40k ¥40k+
Server End (Java, C / C++, PHP, Node) ¥15k - ¥25k ¥25k - ¥30k ¥30k - ¥45k ¥40k - ¥50k ¥50k+
Algorithm ¥20k - ¥30k ¥30k - ¥45k ¥45k - ¥48k ¥45k - ¥60k ¥60k+
Machine Learning ¥20k - ¥30k ¥30k - ¥45k ¥45k - ¥50k ¥45k - ¥100k ¥85k+
Cyber Security ¥18k - ¥40k ¥35k - ¥45k ¥40k - ¥55k ¥50k - ¥120k ¥95k+

 

Internet - Product Design & Management - Basic Salary Per Month
Role Product Designer Lead / Manager Director VP
App / PC End ¥15k - ¥25k ¥18k - ¥35k ¥30k - ¥50k ¥45k+
Back End ¥15k - ¥25k ¥18k - ¥30k ¥18k - ¥35k ¥35k+

 

Internet - Operation / Marketing / Design - Basic Salary Per Month
Role Non - Officer Lead / Manager Director VP
Operation ¥15k - ¥25k ¥20k - ¥35k ¥35k - ¥50k ¥45k+
Business Development ¥15k - ¥18k ¥18k - ¥30k ¥25k - ¥45k ¥40k+
Marketing ¥15k - ¥20k ¥20k - ¥30k ¥25k - ¥40k ¥40k+
Design ¥15k - ¥25k ¥20k - ¥30k ¥30k - ¥45k ¥40k+

 

Internet - CXO - Basic Salary Per Month
Team Size CTO CPO CMO COO
15 - 30 ¥35k - ¥55k + Stock Options ¥45k - ¥65k + Stock Options ¥50k + Stock Options ¥45k + Stock Options
30 - 80 ¥45k - ¥65k + Stock Options ¥65k - ¥100k + Stock Options ¥50k - ¥120k + Stock Options ¥65k + Stock Options
80 - 200 ¥55k - ¥200k + Stock Options ¥85k - ¥200k + Stock Options ¥125k + Stock Options ¥125k + Stock Options
200+ ¥125k - ¥250k + Stock Options     ¥125k - ¥200 + Stock Options

 

Fintech - Basic Salary Per Month
Fintech - Artificial Intelligence - Basic Salary Per Month
Role Associate VP Director
Quantitative Portfolio Manager   ¥25k - ¥40k + Commission ¥40k - ¥100k + Commission
Quantitative Research Analyst ¥15k - ¥25k + Commission ¥25k - ¥40k + Commission ¥40k - ¥100k + Commission
Quantitative Developer ¥15k - ¥25k ¥25k - ¥40k ¥40k - ¥100k
Desk Quant ¥15k - ¥25k ¥25k - ¥40k ¥40k - ¥100k
Algo Trading Developer ¥15k - ¥25k ¥25k - ¥40k ¥40k - ¥100k

 

Fintech - Big Data - Basic Salary Per Month
Role Analyst / Associate VP Director
Data Scientist ¥25k - ¥40k + Stock Options ¥40k - ¥60k + Stock Options ¥60k - ¥100k + Stock Options
Data Analyst Credit Risk Modeling ¥15k - ¥25k + Stock Options ¥25k - ¥40k + Stock Options ¥40k - ¥100k + Stock Options
Chief Risk Officer Fintech     ¥40k - ¥100k + Stock Options

 

Fintech - Block Chain - Basic Salary Per Month
Role Analyst Manager Director
Algorithm Engineer ¥25k - ¥40k + Stock Options ¥40k - ¥60k + Stock Options ¥60k - ¥100k + Stock Options
Software Developer Block Chain ¥25k - ¥40k + Stock Options ¥40k - ¥60k + Stock Options ¥60k - ¥100k + Stock Options

 

Fintech - Software Development - Basic Salary Per Month
Role Associate VP Director
Software Developer ¥15k - ¥25k ¥25k - ¥40k ¥40k - ¥100k
Technical Consultant ¥20k - ¥25k ¥25k - ¥40k ¥40k - ¥100k
System Engineer ¥15k - ¥25k ¥25k - ¥40k ¥40k - ¥65k

 

Fintech - Professional Services - Basic Salary Per Month
Role Associate VP Director
Project Management ¥15k - ¥25k ¥25k - ¥40k ¥40k - ¥100k
Sales in IT ¥20k - ¥25k + Commission ¥25k - ¥40k + Commission ¥40k - ¥100k + Commission

Commentary on IT & Internet Roles and Remuneration in China for 2017

Hiring trends

Many internet start-ups were hit by a funding shortage in 2016 as China’s economic slowdown caused investors to turn cautious. This led to a surge in IT professionals leaving start-ups to work in research and development, product management and operations for medium-sized and large businesses, both in China and abroad.

Online finance, including peer-to-peer lending, is expanding rapidly and China has launched some new projects in this area, creating a number of IT jobs in the process. Businesses in other sectors have also invested in more IT positions as part of a strategy to drive growth. Some multinationals have relocated their research and development centres to India and other emerging markets for cost-efficiency purposes, however.

An interesting development is the creation of more companies that specialise in areas such as artificial intelligence, health, medicine and sport. These companies are actively pursuing individuals who are studying artificial intelligence at prestigious universities, as well as IT professionals who are working in health and medicine or more traditional industries. 

Talent supply

Research and development in IT remains male-dominated, despite the small rise in female senior managers who hold marketing, operational or product roles. These women have often been brought in from large enterprises outside the IT sector. It has also become more common for female professionals with experience in traditional industries, or female researchers from overseas academic institutions, to secure jobs with internet companies.

For executive positions, both multinationals and local companies tend to prefer candidates with previous experience of working in the internet or IT sector. They often recruit IT professionals from Silicon Valley or from the pool of the 100 largest international businesses.

Chinese IT professionals are increasingly exploring emigration to countries such as Australia, Singapore and the US, mainly to develop their careers.

Salary & compensation trends

On average, highly competent IT and internet professionals with a strong academic background and experience of working for sizeable companies earned more in China than they earned overseas in 2016. This was due to the rapid development of the Chinese internet sector and high demand for good technicians and managers with experience of managing large projects. In 2017, salary rises are likely to be in the region of 0-15%.

Marlon Mai's picture
Managing Director | Finance & Accounting, IT, Sales & Marketing Recruitment
mmai@morganmckinley.com

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