Keeping the Best - Human Resources in Subsidiaries of Sino-European Multinational Companies located in P.R. China - Which Monetary and/or Non-Monetary Employee Benefits Lead to More Job Satisfaction of the Organization Members

The fast developing economy, the rise of FDI and the shortage of talented employees has resulted in a war for talents on the Chinese labour market. Consequently, organizations have started offering fringe benefits to attract talents and reduce labour turnover. For best results, companies have to consider the different expectations and demands of their employee and develop appropriate fringe benefits programs. The purpose of this study is to investigate the differences in perception of fringe benefits by different industrial sectors, gender and hierarchical levels. Therefore we conducted an empirical study with employees of various companies in Beijing, Shanghai and Taicang. Results and differences will be discussed and a general ranking of fringe benefits will be provided.