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Asia Expected to See Highest Real Wage Growth in 2017

According to HRM Asia, Asia is expected to see the highest real wage growth increase in 2017. In case you’re unsure what ‘real wage’ is, it refers to wages that are adjusted for inflation.

Globally, the real wage increases are forecast at 2.3%, a slight decrease from last year’s reported prediction of 2.7%. While real wages in Asia are forecast to increase by 4.3%, the highest globally.

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Shanghai: A Single Work Permit for Expats

Great news for foreigners looking to become expats in China. As of November 1, 2016, the two types of work permits for ordinary foreign employees and foreign experts will be streamlined into one, which means foreigners will only need to apply for one unified work permit.

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