1、Executive Salary Outlook 2023Chinese Mainland InsightsEmployment Trends Survey May 2023 KPMG Executive Search and Recruitment Services2Document Classification:KPMG Public 2023 KPMG,a Hong Kong(SAR)partnership and a member firm of the KPMG global organisation of independent member firms affiliated wi

2、th KPMG International Limited,a private English company limited by guarantee.All rights reserved.ForewordIn 2022,we observed more conservative recruitment activity within traditional industries,while strong growth momentum was seen in emerging technology fields such as new energy vehicles,advanced m

3、aterials,intelligent manufacturing,biomedicine,chips,semiconductors,artificial intelligence and big data despite the effects of the pandemic.Increased hiring activity expected p.5-7 The employment market in the Chinese Mainland is expected to be active in 2023.40%of C-level and HR respondents are ex

4、pecting staff numbers at the Chinese Mainland operations of their organisations to increase in 2023.Highlighting that economic bounce-back is a key theme,the survey finds that headcount increases are focusing on frontline staff such as sales,fee earners and client relations roles.Upward trend in exp

5、ectations around salary p.8-13 Fewer respondents from the Chinese Mainland(26%)changed jobs in 2022;down from the previous year(34%).This perhaps reflects employers retention actions and the relatively higher average salary increment of 13%received after a salary review in 2022.Respondents from the

6、Chinese Mainland also expect prospective new employers to offer a reasonably high salary increment.Attractive remuneration package p.14-19Nearly three-quarters(72%)ranked the salary and compensation package as the top push factor for a job change.Offering an attractive compensation package is import