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Monthly Salary of 26,000 Yuan! R&D Positions in Vehicle Electronics Lead Core Job Compensation in Vehicle Manufacturing Sector

Lu Jiao Sun, Apr 07 2024 07:25 AM EST

On April 2nd, according to media reports, the China Academy of Information and Communications Technology, Zhaopin.com, and the China EV100 jointly released the "2023 New Energy Vehicle Talent Development Report," which delves into the talent market dynamics and development trends in the new energy vehicle industry.

The report indicates that with the vigorous development of the new energy vehicle industry, the demand for related talents in the market continues to grow, leading to a substantial increase in the salary levels of core positions such as vehicle software development.

In 2023, the salary for vehicle software development positions saw significant growth, with an average monthly recruitment salary reaching 26,864 CNY, ranking it at the top of core job compensation in the vehicle manufacturing sector. This upward trend reflects the increasing demand for software development talents in the new energy vehicle industry and also underscores the continuous improvement in technological content in this field. Additionally, the monthly salary for analog chip design positions is close to 50,000 CNY, further highlighting the value of high-tech positions in the new energy vehicle industry chain. s_3153d139a2224c1e928c247462bc292e.png In the realm of emerging electric vehicle (EV) companies, enticing and retaining top talent has become a competitive game, with many of these enterprises offering lucrative salaries. Reports indicate that monthly salaries offered by these new EV companies commonly exceed 35,000 RMB, highlighting their eagerness and emphasis on talent acquisition.

Simultaneously, the salary levels for highly educated professionals have seen a significant uptick, with master's and doctoral degree holders commanding an average monthly salary of over 25,000 RMB. This reflects the preference of the new energy vehicle industry for highly educated individuals.

In addition to salary increases, the recruitment demand within the new energy vehicle industry continues to surge. Reports show a 32% increase in recruitment demand for new energy vehicles in 2023, with technical positions being highly sought after. State-owned vehicle enterprises hold significant positions in the design and manufacturing fields, while private enterprises place more emphasis on nurturing skilled workers. New EV companies have a higher demand for sales positions, indicating their focus on marketing and brand building.

In terms of skill requirements, traditional automotive companies rely more on process engineers, whereas the new energy vehicle industry requires more talent in "three-electric" research and development. Additionally, skills such as CATIA, AutoCAD, and programming abilities are widely sought after in the automotive industry, particularly for onboard software development. These differences in skill demands reflect the varying talent structures between the new energy vehicle industry and traditional automotive sectors.

It's worth noting that despite the strong demand for talent in the new energy vehicle industry, the growth in the number of job seekers is lower than the recruitment demand. This trend presents more opportunities for talent entering the market but also implies fiercer competition for non-core technical positions.

Furthermore, the report points out that joint venture companies are fiercely competitive in talent acquisition, while new EV companies lag slightly behind in attracting talent. Young job seekers tend to prefer joint ventures, whereas highly educated professionals lean towards state-owned enterprises. This phenomenon reflects the differences between various types of automotive companies in terms of brand image, corporate culture, and future development prospects. s_21e69b0615264fbeb5c74c9a3243430a.jpg

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