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Average Salary of Employees of in Wuxi Hits a High Record over the Past 5 Years
Release time:2021-02-18 Browse:
 

Recently, it was learned from the Bureau of Human Resources and Social Security of Wuxi that according to a survey on the employment demands of 1,000 key enterprises in the whole city in spring, the average salary of employees in enterprises in Wuxi had increased year by year over the past five years. At the same time, less than half of the out-of-town employees of 1,000 enterprises chose to return home at the Spring Festival. This mainly results from two reasons according to relevant analysis. Firstly, governments at all levels and related enterprises in Wuxi encouraged non-native employees to spend the Spring Festival in Wuxi with effective preferential policies and incentives due to pandemic prevention and control. Secondly, as Wuxi’s economic situation continues to improve, many enterprises have obtained full orders. As a result, enterprises attracted employees to stay at their posts with higher remuneration during the Spring Festival, which also changed some employees’ plan of returning home.

  

In recent years, Wuxi has vigorously promoted the strategy of building a stronger city with industrial development and improved the real economy. In 2020, 26.6% of the 1,000 key enterprises achieved year-on-year growth in orders; 58.6% basically kept balance in orders than those in 2019; and 14.8% saw reduced orders. According to related personnel, currently, due to severe pandemic situation overseas, enterprises in fields such as electronic communications, textiles, apparel and machinery and equipment manufacturing have obtained more overseas orders. It is predicted that 30.1% enterprises will see better situations in production and operation in 2021 than 2020. The real economy is rebounding predicted from the income increase of employees. According to the survey conducted by the Bureau of Human Resources and Social Security of Wuxi, the average salary of employees in Wuxi enterprises has increased year by year. After the Spring Festival, 768 key enterprises in Wuxi plan to recruit 56,190 employees in the following two months, with the quantity demanded increasing by 7.7% than that in the previous year.

 

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