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Business / Companies

Foreign firms provide better benefits for local staff

(China Daily) Updated: 2013-01-23 15:05

Foreign companies are improving the benefits provided to employees in China, according to a survey conducted by Beijing Foreign Enterprise Human Resources Service Co Ltd, known as FESCO.

The survey found 21 percent of multinationals in China have increased their employee benefits, including health, training, festival bonuses and accommodation subsidies, in a bid to attract and retain talent.

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Companies say innovation hampered by lack of talent

China to revise labor law

Higher pay and stronger yuan slow hiring

China aims to ensure 'equal pay for same job'

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Access to capital market growing for foreign funds

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