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Contracts Executive Average Salary in China 2021

How much money does a Contracts Executive make in China?


Average Monthly Salary
35,200 CNY
( 422,000 CNY yearly)

LOW
16,200
CNY
AVERAGE
35,200
CNY
HIGH
55,900
CNY

A person working as a Contracts Executive in China typically earns around 35,200 CNY per month. Salaries range from 16,200 CNY (lowest) to 55,900 CNY (highest).

This is the average monthly salary including housing, transport, and other benefits. Contracts Executive salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.

Contracts Executive Salary Distribution in China

Median and salary distribution monthly China Contracts Executive
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The median, the maximum, the minimum, and the range

  • Salary Range

    Contracts Executive salaries in China range from 16,200 CNY per month (minimum salary) to 55,900 CNY per month (maximum salary).

  • Median Salary

    The median salary is 38,000 CNY per month, which means that half (50%) of people working as Contracts Executive(s) are earning less than 38,000 CNY while the other half are earning more than 38,000 CNY. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

  • Percentiles

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Contracts Executive(s) are earning less than 24,400 CNY while 75% of them are earning more than 24,400 CNY. Also from the diagram, 75% of Contracts Executive(s) are earning less than 50,700 CNY while 25% are earning more than 50,700 CNY.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary

Contracts Executive Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly China Contracts Executive
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Contracts Executive salaries by experience level and this is what we found.

A Contracts Executive with less than two years of experience makes approximately 18,400 CNY per month.

While someone with an experience level between two and five years is expected to earn 24,500 CNY per month, 34% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 36,200 CNY per month, 48% more than someone with two to five years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Additionally, Contracts Executive(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 44,200 CNY per month, 22% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 48,100 CNY per month, 9% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 52,100 CNY per month, 8% more than people with fifteen to twenty years of experience.


Contracts Executive average salary change by experience in China

0 - 2 Years
18,400 CNY
2 - 5 Years+34%
24,500 CNY
5 - 10 Years+48%
36,200 CNY
10 - 15 Years+22%
44,200 CNY
15 - 20 Years+9%
48,100 CNY
20+ Years+8%
52,100 CNY
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Contracts Executive Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different Contracts Executive(s) who have the same experience but different education levels.

Salary comparison by education level monthly China Contracts Executive
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We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down Contracts Executive salaries by education level in order to make a comparison.

When the education level is High School, the average salary of a Contracts Executive is 22,500 CNY per month.

While someone with a Certificate or Diploma gets a salary of 26,500 CNY per month, 18% more than someone having a High School degree.

A Bachelor's Degree gets its holder an average salary of 38,400 CNY per month, 45% more than someone with a Certificate or Diploma.

Professionals who hold a Master's Degree are rewarded with an average salary of 50,300 CNY per month, 31% more than someone with Bachelor's Degree.


Contracts Executive average salary difference by education level in China

High School
22,500 CNY
Certificate or Diploma+18%
26,500 CNY
Bachelor's Degree+45%
38,400 CNY
Master's Degree+31%
50,300 CNY
Percentage increase and decrease are relative to the previous value

Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in China costs anywhere from 146,000 Yuan Renminbi(s) to 439,000 Yuan Renminbi(s) and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch into a higher paying job. The numbers seem to support the thoery. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Contracts Executive Salary Comparison By Gender

Salary comparison by gender monthly China Contracts Executive
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Contracts Executive employees in China earn 13% more than their female counterparts on average.

Male
37,300 CNY
Female-12%
33,000 CNY
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in China for all Careers

Salary comparison by gender monthly China
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Contracts Executive Average Annual Salary Increment Percentage in China

How much are annual salary increments in China for Contracts Executive(s)? How often do employees get salary raises?

Contracts Executive

Contracts Executive(s) in China are likely to observe a salary increase of approximately 14% every 14 months. The national average annual increment for all professions combined is 9% granted to employees every 15 months.

Annual Salary Increment Rate China Contracts Executive
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

China / All Professions

The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency

The average salary increase in one year (12 months) in China is 7%.

Annual Increment Rate By Industry 2020

Banking
8%
Energy
7%
Information Technology
6%
Healthcare
5%
Travel
4%
Construction
3%
Education
2%

Listed above are the average annual increase rates for each industry in China for the year 2020. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.


Worldwide Salary Raises: All Countries and All Jobs

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Contracts Executive Bonus and Incentive Rates in China

How much and how often are bonuses being awarded?Annual Salary Bonus Rate China Contracts Executive
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A Contracts Executive is considered to be a moderate bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.

39% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 61% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 2% to 7% of their annual salary.

Received Bonus
61%
No Bonus
39%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Contracts Executive Average Hourly Wage in China


200 CNY per hour

The average hourly wage (pay per hour) in China is 200 CNY. This means that the average Contracts Executive in China earns approximately 200 CNY for every worked hour.


Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

Contracts Executive VS Other Jobs

Salary Comparison Between Contracts Executive and Business Planning monthly China
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The average salary for Contracts Executive is 13% more than that of Business Planning. Also, Business Planning salaries are 6% more than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Assistant Business Development Manager40,800 CNY+16%
Assistant Merchandise Planner23,400 CNY-33%
Business Advisor35,700 CNY+2%
Business Analyst36,900 CNY+5%
Business Consultant34,000 CNY-3%
Business Continuity Associate22,500 CNY-36%
Business Development Associate19,500 CNY-45%
Business Development Coordinator19,500 CNY-45%
Business Development Manager46,300 CNY+32%
Business Development Specialist33,700 CNY-4%
Business Operations Specialist35,900 CNY+2%
Business Process Writer19,700 CNY-44%
Capacity Planner26,600 CNY-24%
Capacity Planning Supervisor33,600 CNY-4%
Change Communications Analyst32,800 CNY-7%
Change Control Analyst35,000 CNY-0%
Contracts Executive35,200 CNY+0%
Corporate Strategy Analyst36,500 CNY+4%
Cost Control Engineer23,600 CNY-33%
Cost Estimator24,400 CNY-31%
Data Executive19,200 CNY-45%
Development Researcher26,600 CNY-24%
Due Diligence Analyst38,300 CNY+9%
Estimating Manager40,400 CNY+15%
General Manager45,000 CNY+28%
Incident Handler23,900 CNY-32%
Incident Specialist30,800 CNY-12%
Lean Consultant27,800 CNY-21%
Manager47,800 CNY+36%
Materials Planner15,400 CNY-56%
Merchandise Controller14,600 CNY-58%
Merchandise Planner16,100 CNY-54%
Operations Analyst32,600 CNY-7%
Operations Research Analyst22,400 CNY-36%
Planning and Reporting Manager37,500 CNY+7%
Planning Director45,500 CNY+29%
Project Administrator23,800 CNY-32%
Project Manager37,600 CNY+7%
Project Planner21,800 CNY-38%
Research Assistant19,700 CNY-44%
Research Engineer23,500 CNY-33%
Research Officer18,800 CNY-47%
Risk Management Specialist34,800 CNY-1%
Scholarship Coordinator17,300 CNY-51%
Store Planner17,400 CNY-51%
Strategy Director51,400 CNY+46%
Top Research and Development Executive52,200 CNY+48%

Salary Comparison By City

CityAverage Salary
Beijing38,600 CNY
Changchun34,900 CNY
Changsha31,700 CNY
Chengdu38,300 CNY
Chongqing37,600 CNY
Dalian33,000 CNY
Dongguan34,100 CNY
Foshan31,600 CNY
Fuzhou30,400 CNY
Guangzhou40,500 CNY
Hangzhou39,800 CNY
Harbin37,500 CNY
Jinan36,700 CNY
Kunming30,600 CNY
Nanjing35,300 CNY
Qingdao33,900 CNY
Quanzhou29,700 CNY
Shanghai40,300 CNY
Shantou36,600 CNY
Shenyang35,700 CNY
Shenzhen35,800 CNY
Suzhou36,300 CNY
Tianjin36,600 CNY
Wenzhou32,800 CNY
Wuhan36,400 CNY
Wuxi31,200 CNY
Xi an36,400 CNY
Xiamen31,000 CNY
Zhengzhou28,900 CNY

Salary Comparison By State

StateAverage Salary
Anhui37,200 CNY
Beijing31,700 CNY
Chongqing35,000 CNY
Fujian34,800 CNY
Gansu33,100 CNY
Guangdong42,300 CNY
Guangxi36,100 CNY
Guizhou34,200 CNY
Hainan32,000 CNY
Hebei37,800 CNY
Heilongjiang34,800 CNY
Henan41,500 CNY
Hubei36,700 CNY
Hunan38,700 CNY
Jiangsu40,700 CNY
Jiangxi35,300 CNY
Jilin33,300 CNY
Liaoning37,400 CNY
Nei Monggol31,500 CNY
Ningxia30,500 CNY
Qinghai31,100 CNY
Shaanxi33,900 CNY
Shandong40,400 CNY
Shanghai33,300 CNY
Shanxi33,200 CNY
Sichuan39,600 CNY
Tianjin32,100 CNY
Xinjiang Uygur30,800 CNY
Xizang [Tibet]29,700 CNY
Yunnan37,900 CNY
Zhejiang36,200 CNY

Government vs Private Sector Salary Comparison

Where can you get paid more, working for a private company or for the government? Public sector employees in China earn 6% more than their private sector counterparts on average across all sectors.

Private Sector
28,500 CNY
Public Sector+6%
30,100 CNY
Percentage increase and decrease are relative to the previous value

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