Your retail salary survey is probably wrong. I just got another salary survey in my inbox. It was very well done and probably took a great deal of time to create. It is also very misleading. The salary surveys that I see being created and distributed, and sold, give the impression that you can pay what is being paid in the market right now. This is the case only if you are looking for average employees. You are looking for top talent.
The fact is, however, that if you are reading this you are not looking for average employees. The average employee in China does not speak English, she does not work in a foreign firm, she does not think outside the box, understand western reporting structures, go to a top university, or have a chance of getting hired into your firm. When is the last time a hiring manager asked for a “really average candidate?” You are looking for the cream of the crop in China and you are going to be very frustrated if you use a salary survey to create your budget.
Keep recruiting till you find the best retail talent that Asia has to offer, ask them how much they are earning, and you will know how much they are worth to your competition. Now you can decide how much they are worth to your organisation.
Asia Retail Talent – In Retail Asia