salary increase

Mercer projects a 4.0% average salary increase in China for 2026, up from 3.8% in 2025. Their *Total Remuneration Survey 2026* indicates a positive shift in company sentiment regarding salary adjustments. Individual performance and market competitiveness remain key drivers. High-tech is expected to lead with 4.9% growth, while consumer goods and automotive lag. First-tier cities anticipate increases aligning with the national average. A softening in talent mobility suggests a more stable labor market. Companies are advised to align compensation with strategic priorities.

Richard Liu, JD.com’s founder, emphasized his commitment to employee compensation while acknowledging the industry’s demanding work environment. He highlighted significant salary increases over the past 18 months, with some employees seeing their income nearly double. Liu cited the example of delivery personnel in Beijing, whose average gross salary exceeds RMB 13,000, upon which social security and housing fund contributions are based. He reiterated the plan to keep raising cash compensation.