Latest news with #Zhaopin
South China Morning Post
8 hours ago
- Business
- South China Morning Post
China's humanoid robot firms pay 3 times national average amid AI talent crunch
As China witnesses a boom in humanoid robotics, companies in the sector are offering salaries more than three times the urban average to lure top engineers and AI talent – underscoring a deepening talent crunch that even industry leaders acknowledge. The average monthly pay for humanoid robot algorithm engineers now stands at 31,512 yuan (US$4386), rising up to 38,489 yuan for roles requiring more than five years of experience, according to a new report released this week by online recruitment platform Zhaopin. That is nearly four times the nationwide urban average salary of 10,058 yuan per month, based on the firm's most recent compensation data for the third quarter of 2024. Mechanical design engineer roles in the field also command strong wages, with an average salary of 22,264 yuan. Soaring pay in the humanoid robotics sector stands out as a rare bright spot in an otherwise subdued hiring landscape. China's job market remains under pressure from slowing economic growth and falling corporate earnings, leading to widespread lay-offs and pay cuts across industries. The youth unemployment rate, excluding students, eased slightly to 15.8 per cent in April, down from 16.5 per cent in March, according to official data. But with a record number of graduates set to enter the workforce this summer, the labour market faces growing strain.
South China Morning Post
9 hours ago
- Business
- South China Morning Post
China's humanoid robot firms pay over x3 national average amid AI talent crunch
As China witnesses a boom in humanoid robotics, companies in the sector are offering salaries more than three times the urban average to lure top engineers and AI talent – underscoring a deepening talent crunch that even industry leaders acknowledge. The average monthly pay for humanoid robot algorithm engineers now stands at 31,512 yuan (US$4386), rising up to 38,489 yuan for roles requiring more than five years of experience, according to a new report released this week by online recruitment platform Zhaopin. That is nearly four times the nationwide urban average salary of 10,058 yuan per month, based on the firm's most recent compensation data for the third quarter of 2024. Mechanical design engineer roles in the field also command strong wages, with an average salary of 22,264 yuan. Soaring pay in the humanoid robotics sector stands out as a rare bright spot in an otherwise subdued hiring landscape. China's job market remains under pressure from slowing economic growth and falling corporate earnings, leading to widespread lay-offs and pay cuts across industries. The youth unemployment rate, excluding students, eased slightly to 15.8 per cent in April, down from 16.5 per cent in March, according to official data. But with a record number of graduates set to enter the workforce this summer, the labour market faces growing strain.
Bloomberg
09-05-2025
- Business
- Bloomberg
China Private Wage Data Goes Dark With Jobs at Risk From Tariffs
One of China's largest online recruitment platforms has quietly stopped providing wage data it's compiled for at least a decade, making it more difficult to gauge the health of the world's biggest labor market just as it comes under strain from US tariffs. Zhaopin Ltd. has yet to publish its reports on average wages companies offered to new hires in 38 key cities for the past two quarters. It's previously released them regularly within the first month after each quarter ended.
