Chinese returnees say studying abroad helps, but pay still too low
A third of Chinese overseas returnees said overseas study has been financially rewarding, and nearly half said their after-tax salary was below 6,000 yuan (US$898.47) at their first job, recruitment portal Zhaopin.com announced yesterday.
Rewardability on study overseas
An after-tax salary of 6,000 yuan equals about 8,500 yuan salary before tax.
The survey, covering 1,821 overseas returnees, said nearly 70 percent of respondents were disappointed with their salaries, though most agreed that overseas experience has helped their promotion in the workplace.
Overseas returnees often have better international perspective, language skills and cross-cultural communication, but can also be weak in knowledge about the domestic job market and the demands of companies, zhaopin.com said.
It found more than half of respondents said they have failed in trying to start up their own businesses, with high operation costs and funding seen as the top challenges.
More than 70 percent of respondents said they return to China for family reunions, while only 8.8 percent said they return because of preferential policies.
