A person working in Purchasing and Inventory in Guizhou typically earns around 26,900 CNY. Salaries range from 9,680 CNY (lowest average) to 50,400 CNY (highest average, actual maximum salary is higher).
The provided figure represents the median compensation that encompasses housing, transportation, and other perks. The salaries within the Purchasing and Inventory domain in Guizhou exhibit significant discrepancies across various professions. In case you seek information about the remuneration of a specific position, please refer to the salaries listed below for respective job titles.
Salaries in Purchasing and Inventory in Guizhou range from 9,680 CNY (starting average salary) to 50,400 CNY (maximum average salary, actual maximum is higher). To clarify, the number presented is not the legally mandated minimum wage. Rather, it represents the lowest figure reported in a salary survey that involved thousands of participants and professionals from across the entire country.
The median income in the field of Purchasing and Inventory is 25,300 CNY, implying that half of the workforce in Guizhou earns less than this figure, and the other half earns more. It represents the central value of salaries. As a rule of thumb, you would prefer to be part of the group earning above the median wage, situated on the right-hand side of the salary distribution chart.
Two values that are highly correlated with the median are the 25th and 75th percentiles. By examining the salary distribution diagram, it is possible to determine that 25% of individuals employed in Purchasing and Inventory in Guizhou earn less than 19,400 CNY, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 30,400 CNY, while 25% earn more than that.
Data was regrouped into brackets to provide a better understanding of what salaries can be expected. This approach was deemed more accurate than relying solely on the average salary, as it offers greater insights into the distribution of salaries in the field of Purchasing and Inventory in Guizhou. The analysis revealed that roughly 65% of all reported salaries fell within the range of 13,500 CNY to 22,800 CNY. Approximately 20% of salaries were below the 13,500 CNY mark, while 10% ranged from 22,800 CNY to 27,000 CNY. Only 5% of individuals earned a gross salary of 27,000 CNY or higher.