In China, employees care most about their accident benefits and medical insurance. Traditionally, accidental death and disability benefits were the most important. However, as a wider range of benefits becomes more commonplace, medical benefits and life insurance are increasing in priority for employees.

Asinta Partner
Tienmann Chau


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Country Insight

Visit Beijing for a trip to the Forbidden City, the Great Wall and the Summer Palace.

When asked to rank five common benefits in order of importance, the average Chinese employee will respond with: Disability, Medical, Death, Critical Illness and Retirement.

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The government wants to expand the private pension system to supplement the public pension system. An imminent shortfall is anticipated in the public system due to China’s aging population and tens of millions of new retirees set to draw benefits.

Average Cost For Employer Sponsored Benefits

It is not possible to give an average cost of employee benefits per month, as this varies from province to province.

Advice To Employers

Speak with your local HR recruitment team (or if using a recruitment agency, even better) to understand what employees are looking for. Not all employee sectors require comprehensive benefits.  At lower salary levels, monetary compensation is considered much more important than medical/life benefits.

It’s also important to note that salaries in Shanghai and Beijing are now comparable to those in many Western cities.  Companies can no longer just increase salaries to compete in the market for talent.

Surprising Fact

Employers are generally surprised by the low demand for benefits with much greater emphasis placed on salaries and bonuses. However, this is changing for most ‘white collar’ positions, where a demand for medical benefits is increasingly common.

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