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CHINA TALENT INSIGHTS FOR INNOVENT BIO
when recruiting AN ENGINEER in SUZHOU
Talent Sources for Innovent Bio
when recruiting an Engineer in Suzhou
| Talent Source | Address | Distance | |
|---|---|---|---|
| Innovent Bio | 苏州工业园区东平街168号 | |
 | Levena Biopharma | 苏州工业园区星湖街218号B8栋3楼 | 0.48 km |
 | JC Medical | 苏州工业园区星湖街218号生物纳米园C21 (邮编：215123) | 0.92 km |
 | Sinovent | 中国（江苏）自由贸易试验区苏州片区苏州工业园区桑田街218号生物医药产业园22号楼 | 4.85 km |
 | Otsuka Holdings | 苏州工业园区中田巷16号 (邮编：215025) | 6.66 km |
 | MicroPort Scientific | 江苏省苏州市苏州工业园区凤梨街151号 21502 中华人民共和国 | 7.39 km |
 | Eisai | 中国江苏省苏州工业园区白玉路32号 215021 | 7.39 km |
 | Lonza | 中国江苏省苏州工业园区苏虹中路369号 | 8.82 km |
 | Austar | 苏州市苏州市西苏州大道205号尼森广场1006室 | 15.26 km |
 | Zelgen | 江苏省昆山市玉山镇晨丰路209号 | 16.52 km |
 | China Chemical Pharmaceutical Co. | 苏州虎丘区永安路66号 | 24.55 km |
 | Bainuo Biological Technology | 苏州沙溪镇昭溪路98号1幢、2幢 | 50.10 km |
 | Stevanato Group | 张家港经济技术开发区杨舍镇新丰河东路1号 | 70.35 km |
China Salary & Income Taxberg (Chinese National) for Innovent Bio
when recruiting an Engineer in Suzhou
CNY 13,885.13
Monthly NET Salary
CNY 5,873.57
Monthly Total Funds & Taxes Employer Pays
CNY 4,076.87
Monthly Total Funds & Taxes Employee Pays
Total Funds & Taxes paid by Employer and Employee
CNY 9,950.45
(a premium of 71.66% on top of the Monthly NET Salary )
Did you know an employer also pays for funds on top of an employee's gross salary?
It costs the employer CNY 5,873.57 in funds to be able to pay an employee a Gross Salary of
CNY 17,962.00.
It costs the employer CNY 5,873.57 in funds to be able to pay an employee a Gross Salary of
CNY 17,962.00.
China Funds & Tax
- Year
- Month
- Day
- Hour
TOTAL EMPLOYER COST
132.70%
CNY 23,835.57
Paid by Employer
Housing Fund (Employer)
8.00%
CNY 1,436.96
Pension Fund (Employer)
13.00%
CNY 2,335.06
Medical Insurance Fund (Employer)
3.00%
CNY 538.86
Unemployment Fund (Employer)
0.50%
CNY 89.81
Work Injury Fund (Employer)
0.20%
CNY 35.92
Maternity Fund (Employer)
8.00%
CNY 1,436.96
GROSS SALARY
100.00%
CNY 17,962.00
Paid by Employee
Individual Income Tax (Employee)
4.20%
CNY 753.90
Housing Fund (Employee)
8.00%
CNY 1,436.96
Pension Fund (Employee)
8.00%
CNY 1,436.96
Medical Insurance Fund (Employee)
2.00%
CNY 359.24
Unemployment Fund (Employee)
0.50%
CNY 89.81
NET SALARY
77.30%
CNY 13,885.13
Summary
If an employee makes CNY 17,962.00 gross a month as a Chinese National living in Suzhou, that employee will personally save in funds and be taxed in total CNY 4,076.87. That means that the employee's net pay will be CNY 13,885.13 per month, or CNY 166,621.52 per year. The employee's average personal tax rate will be 22.70%.
Bonus Example
A 1-month gross bonus of CNY 17,962.00 will generate an extra CNY 17,423.14 of net income.
A 3-months gross bonus of CNY 53,886.00 will generate an extra CNY 48,707.40 of net income.
A 6-months gross bonus of CNY 107,772.00 will generate an extra CNY 97,204.80 of net income.
A 12-months gross bonus of CNY 215,544.00 will generate an extra CNY 173,845.20 of net income.
Compare Salary Scenarios
- 500
- 1,000
- 2,500
- 5,000
- 10,000
●Total Employer Cost: | CNY | 24,212.78 |
●Gross Salary: | CNY | 17,962.00 |
●NET Salary: | CNY | 14,046.79 |
| Scenario | Employer Total Cost (CNY) | Employer Total Funds & Taxes (CNY) | Employee Monthly Gross Salary (CNY) | Employee Total Funds & Taxes (CNY) | Employee Net Salary (CNY) |
+5,000 | 30,952.78 | 7,990.78 | 22,962.00 | 5,397.08 | 17,564.92 |
+4,000 | 29,604.78 | 7,642.78 | 21,962.00 | 5,057.08 | 16,904.92 |
+3,000 | 28,256.78 | 7,294.78 | 20,962.00 | 4,717.08 | 16,244.92 |
+2,000 | 26,908.78 | 6,946.78 | 19,962.00 | 4,430.22 | 15,531.78 |
+1,000 | 25,560.78 | 6,598.78 | 18,962.00 | 4,172.72 | 14,789.28 |
+0 | 24,212.78 | 6,250.78 | 17,962.00 | 3,915.22 | 14,046.78 |
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-1,000 | 22,864.78 | 5,902.78 | 16,962.00 | 3,657.72 | 13,304.28 |
-2,000 | 21,516.78 | 5,554.78 | 15,962.00 | 3,400.22 | 12,561.78 |
-3,000 | 20,168.78 | 5,206.78 | 14,962.00 | 3,142.72 | 11,819.28 |
-4,000 | 18,820.78 | 4,858.78 | 13,962.00 | 2,885.22 | 11,076.78 |
-5,000 | 17,472.78 | 4,510.78 | 12,962.00 | 2,627.72 | 10,334.28 |
Salary & Income Analysis by City
| City | Employer Total Cost (CNY) | Employer Total Funds & Taxes (CNY) | Employee Monthly Gross Salary (CNY) | Employee Total Funds & Taxes (CNY) | Employee Net Salary (CNY) | Total Tax Rate | Rank |
Suzhou | 23,835.57 | 5,873.57 | 17,962.00 | 4,076.87 | 13,885.13 | 55.40 | 1 |
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Shanghai | 24,212.78 | 6,250.78 | 17,962.00 | 3,915.22 | 14,046.78 | 56.60 | 2 |
Guangzhou | 23,880.48 | 5,918.48 | 17,962.00 | 4,675.01 | 13,286.99 | 58.98 | 3 |
Chengdu | 24,589.98 | 6,627.98 | 17,962.00 | 4,707.34 | 13,254.66 | 63.11 | 4 |
Wuhan | 24,715.71 | 6,753.71 | 17,962.00 | 4,697.47 | 13,264.53 | 63.75 | 5 |
Chongqing | 24,715.71 | 6,753.71 | 17,962.00 | 4,725.31 | 13,236.69 | 63.91 | 6 |
Nanjing | 24,733.67 | 6,771.67 | 17,962.00 | 4,723.51 | 13,238.49 | 64.00 | 7 |
Hangzhou | 24,751.64 | 6,789.64 | 17,962.00 | 4,723.51 | 13,238.49 | 64.10 | 8 |
Tianjin | 24,823.48 | 6,861.48 | 17,962.00 | 4,723.51 | 13,238.49 | 64.50 | 9 |
Beijing | 25,039.03 | 7,077.03 | 17,962.00 | 4,726.20 | 13,235.80 | 65.71 | 10 |
Recruitment Service Cost Estimate for Innovent Bio
Cost Estimate for when you involve Direct HR as your Recruitment Partner to hire a great Engineer for your operations in Suzhou:
CNY 100,000
Direct HR Terms & Conditions
No Cure, No Pay:
Innovent Bio only compensates Direct HR after Innovent Bio has selected and officially hired the candidate which has been introduced to Innovent Bio by Direct HR
25% of the first year's gross before-tax remuneration of the hired candidate
Minimum Fee: CNY 100,000
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