Guangdong is the top region by compensation of employees in China. As of 2017, compensation of employees in Guangdong was 45,802 100 million yuan that accounts for 11.02% of China's compensation of employees. The top 5 regions (others are Jiangsu, Shandong, Zhejiang, and Henan) account for 39.59% of it. China's total compensation of employees was estimated at 415,729 100 million yuan in 2017.
The description is composed by our digital data assistant.Compensation of Employees refers to the total payment of various forms to employees for the productive activities they are engaged in. It includes wages, bonuses and allowances, which the employees earn in cash or in kind. It also includes the free medical services provided to the employees and the medicine expenses, transport subsidies and social insurance, and housing fund paid by the employers.
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