Source: China Securities News
After salary cuts and layoffs, which brokerage firm has the highest salary? CITIC employees won the first prize with an average annual salary of 672,400 yuan, with 15 companies experiencing a year-on-year decline
Original: Zhao Zhonghao Luo Han
The news of salary cuts and layoffs in the securities industry has recently been given as a "confirmation" - as of March 31, 19 securities companies have disclosed annual reports. 15 of them saw their per capita salary decline year-on-year, and only 4 brokerages saw an increase.
However, "a skinny camel is bigger than a horse." Judging from the disclosed data, the salary level in the securities industry is still relatively high and still better than that in the banking industry. The "Big Mac" CITIC Securities is even more generous with its employees - the average annual salary per capita is 672,400 yuan, and the average monthly salary is 56,000 yuan, ranking first.
Only 4 securities firms saw an increase in per capita employee salary
In 2018, life for securities firms was not easy.
Securities Industry Association data shows that 131 securities companies achieved operating income of 266.287 billion yuan in 2018. The main business income was net income from agency securities trading business (including seat rental) of 62.342 billion yuan, and net income from securities underwriting and sponsorship business of 258.46 billion yuan. billion, net income from financial consulting business was 11.150 billion yuan, net income from investment consulting business was 3.152 billion yuan, net income from asset management business was 27.500 billion yuan, securities investment income (including changes in fair value) was 80.027 billion yuan, and net interest income was 21.485 billion yuan. Net profit for the period was 66.62 billion yuan, and 106 companies achieved profits. Compared with 2017, the above statistical items have declined to varying degrees.
Most of the 19 listed securities firms that have disclosed annual reports have experienced declines in revenue and net profit.
In terms of employee compensation, brokerage firms as a whole are in a downward trend, and the "salary cuts and layoffs" are true. Data shows that among the 19 listed securities firms that have disclosed annual reports, only 4 securities firms have experienced a year-on-year increase in per capita employee salary, namely First Venture Capital, Guotai Junan, CITIC Securities, and CITIC Construction Investment.
CITIC Securities has the highest per capita salary
Among these 19 securities firms, CITIC Securities ranks first in per capita salary, reaching 672,400 yuan, with an average monthly salary of 56,000 yuan!
In addition to CITIC Securities, securities firms with per capita salaries of more than 400,000 include Haitong Securities, Huatai Securities, Orient Securities, Guotai Junan, Guojin Securities, Southwest Securities, and CITIC Construction Investment. At present, Huaan Securities’ per capita salary is undoubtedly the lowest, only 218,100 yuan, and the average monthly salary is 18,200 yuan, temporarily ranking at the bottom.
But "a skinny camel is bigger than a horse." Even a monthly salary of 18,200 yuan has already killed the editor’s monthly income. Let’s look at the average salary of these 19 securities firms - 409,100 yuan, which is enough to cover the editor’s income from N years of hard work.
It is worth noting that as of March 31, many listed banks have announced their 2018 annual reports. According to data from Oriental Fortune Choice, the per capita salary of 17 banks is 368,400 yuan.
From this point of view, the salary in the securities industry is still better than that in the banking industry.
There is a large pay gap among senior executives.
In the context of “salary cuts”, it is difficult for brokerage executives to be alone. Among the 19 securities firms, the total annual executive compensation of 15 securities firms declined, and only 4 experienced year-on-year growth, namely CITIC Securities, Orient Securities, Founder Securities, and Guotai Junan. From a numerical point of view, the total compensation of senior executives is basically in the tens of millions of yuan, and CITIC Securities has exceeded 100 million yuan, about 128 million yuan. The annual salary of
general manager is significantly different year-on-year. Among the 17 brokerages with comparable data, 8 grew and 9 declined. Everbright Securities had the largest year-on-year increase, with the general manager's salary being 2.157 million yuan, compared with only 418,600 yuan in 2017, an increase of more than 4 times. In terms of
value, CITIC Securities ranked first, with a general manager salary of 9.7948 million yuan. However, there are still two companies whose general manager salary is less than one million yuan, namely Centaline Securities and Southwest Securities. The lowest general manager salary of Southwest Securities is only 346,600 yuan.
