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Our wages compared to the locals....
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creeper1



Joined: 24 Aug 2010
Posts: 481
Location: New Taipei City, Taiwan

PostPosted: Thu Apr 26, 2012 4:19 pm    Post subject: Our wages compared to the locals.... Reply with quote

This little calculation allows you to work out how you are doing compared to local Chinese workers.

http://www.bbc.co.uk/news/magazine-17543356

I have to admit I am doing rather well. Smile

Ofcourse I am in Beijing and I am sure poorly paid factory wokers in Guangdong province bring down the average big time but nevertheless it worked as a pick-me-up today.

I thought I would share.

How did you do?
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Zero



Joined: 08 Sep 2004
Posts: 1402

PostPosted: Thu Apr 26, 2012 5:03 pm    Post subject: Reply with quote

Chinese employers are fond of providing most compensation in the form of extras such as housing assistance, bonuses, "reimbursement" of expenses, meal cards, gift cards, etc. in order to keep nominal income low. Taxes are avoided that way. Additionally, Chinese families are -extremely- efficient about intergenerational wealth transfer. Add the fact that in the last couple of decades, many families have acquired an "extra" house as they lost land or houses to development projects -- the value of which will also be passed along to a younger generation.

You are not doing better than the locals.
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naturegirl321



Joined: 04 May 2003
Posts: 9041
Location: home sweet home

PostPosted: Thu Apr 26, 2012 11:59 pm    Post subject: Reply with quote

Salary is just one part of the pay package, that's why you shouldn't believe employers or recruiters who tell you that you'll make double or triple what the locals do.
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shadowrider



Joined: 05 Feb 2012
Posts: 208

PostPosted: Fri Apr 27, 2012 2:03 am    Post subject: Reply with quote

naturegirl321 wrote:
Salary is just one part of the pay package, that's why you shouldn't believe employers or recruiters who tell you that you'll make double or triple what the locals do.


So is the little red hongbao envelopes we normally don't get...
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MisterButtkins



Joined: 03 Oct 2009
Posts: 1221

PostPosted: Fri Apr 27, 2012 5:16 am    Post subject: Reply with quote

Not to mention that most of the people dragging the average salary down are peasants in the countryside, or people with menial jobs like construction workers or waitresses. When you toss those out, the FT is making considerably less than a typical middle-class city dweller.
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wangdaning



Joined: 22 Jan 2008
Posts: 3154

PostPosted: Fri Apr 27, 2012 6:25 am    Post subject: Reply with quote

MisterButtkins wrote:
Not to mention that most of the people dragging the average salary down are peasants in the countryside, or people with menial jobs like construction workers or waitresses. When you toss those out, the FT is making considerably less than a typical middle-class city dweller.


Except that is most people. Service workers make up nothing? Peasants make the food eaten and service workers serve it. You think Beijing is delivering the food to people? Does Hu Jintao cook? Where is my fried rice?

People in China are making far less than you think. Rich people in China have money.
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twilothunder



Joined: 09 Dec 2011
Posts: 442

PostPosted: Fri Apr 27, 2012 7:27 am    Post subject: Reply with quote

According to the GINI index (a widely accepted measure of distribution of income), China has even greater inequality (World Bank figures) than the US.*

There is serious wealth here, but I really think it's concentrated in the hands of not even 5%, but around 1% of the population overall.

The vast majority of Chinese are seriously poor.

*(I appreciate that things like average salary on that BBC site and the GINI index are difficult to reliably calculate in such a cash economy, but still...)
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MisterButtkins



Joined: 03 Oct 2009
Posts: 1221

PostPosted: Fri Apr 27, 2012 10:10 am    Post subject: Reply with quote

wangdaning wrote:
MisterButtkins wrote:
Not to mention that most of the people dragging the average salary down are peasants in the countryside, or people with menial jobs like construction workers or waitresses. When you toss those out, the FT is making considerably less than a typical middle-class city dweller.


Except that is most people. Service workers make up nothing? Peasants make the food eaten and service workers serve it. You think Beijing is delivering the food to people? Does Hu Jintao cook? Where is my fried rice?

People in China are making far less than you think. Rich people in China have money.


Perhaps you are right. It is difficult to tell. I just saw a job advertisement offering 1000 RMB a month to restaurant workers. I saw similar advertisements in Guangzhou, which has very high per-capita income, for 1500 RMB/month. Median income and quartiles for income would be more informative. There's also the fact that, while most Chinese are putting money in the bank to buy a house or pay for junior's education, for younger FTs essentially the entire paycheck is disposable income.
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Miles Smiles



Joined: 07 Jun 2010
Posts: 1294
Location: Heebee Jeebee

PostPosted: Fri Apr 27, 2012 11:31 am    Post subject: Reply with quote

Uh, well, let's see. According to the BBC website, I am making about 50% more (in USD) than I'm really making if I use that website's conversion from rmb to dollars. Worse, its calculations puts me a hair below "World Average Wage" on the list of countries, but 222% higher than the Chinese average.

Real world conversion rates are quite a bit different if I use the XE conversion site: http://www.xe.com/ucc/

Has the BBC developed a collective brain tumor, or is one of Murdoch's moles working for it now?

Sorry, but I must declare that there is something seriously wrong with the website, and any supposed collected data is flawed, and therefore invalid.

And now a late-breaking NEWS FLASH : Generalissimo Francisco Franco is still dead.
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MisterButtkins



Joined: 03 Oct 2009
Posts: 1221

PostPosted: Fri Apr 27, 2012 11:43 am    Post subject: Reply with quote

I think it's in PPP
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ecubyrd94



Joined: 25 Aug 2011
Posts: 77

PostPosted: Fri Apr 27, 2012 8:34 pm    Post subject: Reply with quote

Your wage is 806% of the China average and 357% of the world average. Wow! Really? I don't feel rich, even compared to locals, lol. I do know that government employed doctors are grossly underpaid/overworked from first hand experience. I'm not sure about other sectors.
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Miles Smiles



Joined: 07 Jun 2010
Posts: 1294
Location: Heebee Jeebee

PostPosted: Sat Apr 28, 2012 2:00 am    Post subject: Reply with quote

ecubyrd94 wrote:
Your wage is 806% of the China average and 357% of the world average. Wow! Really? I don't feel rich, even compared to locals, lol. I do know that government employed doctors are grossly underpaid/overworked from first hand experience. I'm not sure about other sectors.


If affluence were merely a state of mind, I wouldn't have a dime!
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ecubyrd94



Joined: 25 Aug 2011
Posts: 77

PostPosted: Sat Apr 28, 2012 9:08 am    Post subject: Reply with quote

Miles Smiles wrote:
ecubyrd94 wrote:
Your wage is 806% of the China average and 357% of the world average. Wow! Really? I don't feel rich, even compared to locals, lol. I do know that government employed doctors are grossly underpaid/overworked from first hand experience. I'm not sure about other sectors.


If affluence were merely a state of mind, I wouldn't have a dime!


Niceuh! I like that saying.
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The Great Wall of Whiner



Joined: 29 Jan 2003
Posts: 4946
Location: Blabbing

PostPosted: Wed May 02, 2012 2:53 am    Post subject: Reply with quote

It's not a fair nor accurate look at the true situation here.

Look, the comparison is not comparing foreign university teachers in China to Chinese university teachers in China. You are trying to say that we do so much better than farmers or market sellers or KFC waitresses?

Of course we do!

Just like in my country, a university teacher does much better than a waitress or a shop assistant or a taxi driver.

Comparing foreign teachers making 5K an hour in a university to a Chinese professor who makes far more than that (ask how he affords the Audi sometime!) and you'll see a true comparison.

We foreigners get ripped off here and they are laughing at us every single day. When we "brag" about making 5K a month, they laugh inside and wonder what kind of family we could ever support on that measly wage.
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MisterButtkins



Joined: 03 Oct 2009
Posts: 1221

PostPosted: Wed May 02, 2012 10:42 am    Post subject: Reply with quote

Quote:
When we "brag" about making 5K a month


Anyone walking around mouthing off about their salary deserves resentment no matter what the actual figure is.
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