While we firmly believed that everyone was eagerly looking forward to the development of business operations and the recovery of the global economy, in 2023, the recruitment strategies of most companies still focused on reducing costs and improving efficiency to better cope with business contraction. From the perspective of economic cycles, we still need to consider the changes and uncertainties brought about by the macro environment when formulating corporate strategies in the short term.
Nevertheless, throughout 2023, there were still some industries and fields where the demand for talent had not decreased. Looking forward to 2024, we expect that some emerging fields may see more significant salary growth. For example, in the TMT sector, salaries of AI and data science directors/engineers, and directors/general managers of domestic and cross-border e-commerce are expected to rise. With this report, we hope our candidates and employers could gain deeper insights into the larger salary trends within the market and be empowered on making decisions during the hiring process.
Rita Cui
Managing Director
RGF Talent Solutions China
Managing Director
RGF Talent Solutions China
