Chinanews Client Beijing, August 8th (Peng Jingru) Recently, the news that "banking industry will usher in a collective salary cut" has attracted attention.
A chat record circulating on the Internet shows that according to policy requirements, the financial industry will cut salaries for all, and named China CITIC Bank and China Construction Bank to cut salaries by 20% and 30% respectively.
Could it be that the rice in the "golden rice bowl" of the bank is not fragrant anymore?
Five banks respond to rumors of collective wage cuts: no arrangements
In response, the Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, and China Construction Bank responded to the salary issue in the early morning of the 7th, saying that there is no salary cut arrangement at present.
In 2019, in accordance with the work plan of the State Council, the Ministry of Finance promoted the implementation of the reform of the wage determination mechanism of state-owned financial enterprises, and approved the total wages of enterprises in accordance with the principles of marketization.
China Construction Bank stated that in accordance with policy approvals, wage growth and profit growth in 2019 will keep matching; Bank of China and Agricultural Bank of China also stated that employee wages and corporate benefits have achieved simultaneous growth.
China Construction Bank also stated that since 2020, the new crown pneumonia epidemic has had a huge impact on the global and Chinese economy, and it actively supports the “six stability” and “six guarantees” work, increases its efforts to transfer profits to the real economy, and overcomes difficulties with enterprises. , Symbiosis and common prosperity.
Data map: Bank staff are serving customers. Photo by Zhao Ding
China CITIC Bank, which was also named, told Chinanews.com on the 7th that according to CITIC Group’s deployment, China CITIC Bank will approve total wages in accordance with market principles and corporate governance requirements, and the total wages will be linked to the overall operating conditions. Up to now, China CITIC Bank has no unified salary cut arrangements.
However, according to media reports, the parent company of China CITIC Bank, CITIC Group, has issued the "Notice on Carrying out the Special Work of CITIC Group's 2020 Revenue and Expenditure Reduction, Cost Reduction and Efficiency Increase" in July, to increase revenue by 5 billion yuan and reduce expenditure Cost reduction of 10 billion yuan.
The notice requires that, in principle, the total management expenses (excluding labor costs, depreciation and amortization) have fallen by more than 10% year-on-year. All subsidiaries should take into account the administrative expenses in the first half of the year, fully consider the impact of the epidemic, and proactively increase the pressure drop ratio, especially to reduce the administrative expenses such as conference fees, travel expenses, business entertainment expenses, publicity expenses, vehicle expenses, marketing expenses, etc. .
Banks are not rich anymore?
The salary characteristics of the financial industry have always given the impression of "high wealth and handsome". Once upon a time, the salary of CITIC Bank was also a "smile in the world" in the banking industry.
China CITIC Bank ranked first in the industry with a per capita salary of 484,800 yuan in 2017. China Merchants Bank and Ping An Bank ranked second and third with 446,300 yuan and 441,400 yuan respectively. The per capita salaries and increase rates of the four major banks ranked first. Last place.
Since the beginning of this year, affected by the epidemic, the banking industry is one of the few industries that maintain positive growth. According to the China Banking and Insurance Regulatory Commission, as of the end of the first quarter of this year, commercial banks have achieved a cumulative net profit of 600.1 billion yuan, an increase of 5% over the same period last year.
Data map. Photo by China News Agency reporter Yang Bo
The research report of Zhaopin Recruitment in March showed that in the sixth week of the resumption of work, the salary of banking talents rose against the trend, and the salary of 10,271 yuan/month ranked tenth on the list of high-paying occupations at that time. Securities, futures, investment management and other related work ranked second on the list.
The report believes that the overall wage level of the banking industry is relatively high. During the epidemic prevention and control period, the digital and online financial service capabilities have also been highlighted, and the value of innovative technical talents in the banking industry has risen accordingly.
However, the income of the "high, rich and handsome" banks has been somewhat discounted recently.
The data provided by Zhaopin Recruitment to Chinanews shows that the year-on-year increase of the average recruitment salary in the banking industry in the first and second quarters of 2020 is lower than the year-on-year increase of the national average recruitment salary. In the first quarter, the national average recruitment salary increased by 9.58% year-on-year, and the banking industry was 6.62%; in the second quarter, the national average recruitment salary increased by 3.11% year-on-year, and the banking industry was 2.47%.
Data map: A China Merchants Bank branch in Beijing. Photo by Peng Jingru
Basic salary remains unchanged, performance salary depends on performance
In the second quarter of 2020, the average recruitment salary in the banking industry was 9,940 yuan, still higher than the national average of 8,715 yuan.
Regarding this data, an account manager at the Shanghai Jinqiao branch of China Merchants Bank said that it seems that the income is not small, but in fact, the premise that the income is not affected is that various indicators and tasks are increased. "Do more work than before, but with the same money."
“Bank evaluation rules have been adjusted quickly. Recently, the rules have become stricter. Originally, some evaluation projects were rewarded after completion, but now they are not paid.” An employee of the Henan Zhengzhou branch of the Construction Bank also said that loans are a major part of the bank’s money. On the one hand, bank efficiency and employee income are all related to this.
"Performance pay is related to bank benefits. Once the bank benefits decrease, employee salaries will also decrease." A vice president of a branch of a rural commercial bank in Hubei told Chinanews.com that banks with a lot of bad debts will definitely have lower benefits, which will affect Staff income.
"With one less non-performing loan in the bank, our life will be much easier." The above-mentioned CCB employee said, "When we first started working (2015), the wages were not high because the local non-performing loan rate was too high. Now it is much better. ."
According to the “Implementation Measures for the Reform of the Wage Determination Mechanism for State-owned Financial Enterprises” issued by the Ministry of Finance in October 2019, financial companies’ response to the country’s inadequate macroeconomic policies, ineffective in serving the microeconomic and real economic conditions, or declining economic benefits, the current year’s wages In principle, the total amount should decrease. On the contrary, the total amount is determined within the range of economic benefit increase in the same period.
"Basic wages remain unchanged, performance pay depends on performance." Some bank employees understand wage reforms this way.
An employee of a township bank in Nanyang, Henan, told Chinanews that a colleague's income rose by 500 yuan last month. However, because the current branch of the branch is not very effective, an employee from the Central China Region of the Agricultural Bank said, “I have relatively little profitable salary in my monthly income. I can only wait until the end of the year. If the annual task is well completed, The income can make up some."
So, do you think working in a bank is still a "golden rice bowl"? (Finish)