More comparison on China's managerial salaries

Financially more attractive
Wikipedia Earlier today I compared the salaries in the health care for China's mainland with the global benchmarks, mostly based on my own intelligence and data provided by hr-company Hudson. My basic finding: just like three, four years ago experienced managers in China earn much less compared to what their colleagues are earning in the US and Europe; even Hong Kong, Japan and Singapore are doing much better in that industry, compared to China's mainland.
I took the health care industry as an example because I'm more familiar with them, but Hudson is offering such great material, it made sense to compare different industries too. What did I discover? A few industries in mainland China are paying their senior managers wages similar to the global market, notably in advertisement and banking. Those industries seem to be competing on a global market.
The same goes for lawyers in international firms: they command about the same salaries. But when you are a legal secretary, a paralegal or working for a local Chinese firms, salaries are much lower. That might not come as a surprise.
Other industries are not yet competing for experienced senior managers outside China. Senior managers in human resources (Hudson!), manufacturing, sales and marketing are earning less in Beijing and Shanghai compared to Hong Kong and Tokyo. Also in IT, where you would expect more exchange on a global level, salaries tend to be rather local for the senior managers.
Now, all these data are averages and sometimes I got the impression the number of data, especially for the very senior jobs, were depending on maybe a few people. But it supports my basic argument: you can only get experienced managers when you are paying them a competitive salary.

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