Author: Android

　　In the financial industry, the high income of employees of securities companies is obvious to all, and their strength is crushing the banking, insurance, and trust industries...

　　At the end of July, a family member of a CICC trader posted her husband's income certificate. The employee's average monthly income of 82,500 yuan attracted public attention.

At the beginning of the year, an analyst of a securities company also became popular on the Internet for "posting 2.24 million salary slips".

Screenshots from the Internet show that the analyst paid more than 620,000 yuan in taxes throughout the year, and the lowest monthly salary for the year was more than 60,000 yuan.

　　What is the income of the employees of securities companies this year?

As of the end of August, 48 listed securities firms (according to the three-level classification of Shenwan) have announced their semi-annual results, and the latest salary levels have surfaced.

　　According to Wind statistics, the total labor cost of 48 securities companies in the first half of this year was 79.59 billion yuan, down 11.2% compared with the same period last year. Among them, 73% of the securities companies’ total labor costs were shrinking, and the tide of salary cuts was overwhelming. come.

　　Among them, CICC's per capita salary fell by 26% in the first half of the year, which is equivalent to 22,000 yuan less per person per month.

48 brokerages have cut wages by more than 10 billion yuan

　　In terms of the number of employees, according to Wind statistics, 48 ​​securities firms have a total of 292,000 employees, an increase of 28,000 over the first half of last year.

　　Among them, CITIC Securities increased by 12,000 people, accounting for almost half of the new number of people in the industry.

In addition, Huatai Securities, China Merchants Securities, China International Capital Corporation, China Securities Investment, Orient Securities, and Zhongtai Securities also increased by more than a thousand people.

　　But at the same time, 11 securities companies are laying off staff. Guotai Junan has reduced the number of employees by more than 1,800 in the first half of this year, and Everbright Securities has decreased by more than 480.

　　In terms of total labor cost, the total labor cost of 48 securities companies in the first half of this year was 79.59 billion yuan, a decrease of 11.2% compared with 89.66 billion yuan in the same period last year, which is equivalent to a total salary reduction of more than 10 billion yuan by 48 securities companies in the first half of the year.

　　Among them, the total labor cost of 35 securities companies is declining, accounting for 73%. Among them, Southwest Securities fell by 49% year-on-year, and Industrial Securities fell by 51% year-on-year.

　　The total labor cost of Oriental Fortune increased by 37.8% year-on-year, ranking first in the growth rate.

In addition, the total labor cost of Guolian Securities and Huaxin Co., Ltd. increased by more than 20% year-on-year, and CITIC Construction Investment increased by 16.5%; Founder Securities, Dongxing Securities, Shanxi Securities, and Huaan Securities increased by about 10%.

Salary is still higher than banks after cut

　　In terms of per capita, in the first half of this year, the per capita salary of 48 securities companies was 272,000 yuan, a decrease of 19.7% compared with 339,000 yuan in the same period last year, equivalent to a monthly salary of 45,000 yuan, compared with the bank's per capita monthly salary of 30,000 yuan. Securities companies still maintain their "ceiling" status despite the pay cut.

　　The top three securities companies in terms of salary also cut their salaries without exception.

Among them, CITIC Securities ranked first with a per capita salary of 434,000 yuan in the first half of the year, with a total monthly salary of 72,000 yuan. However, compared with the level of 909,000 yuan in the same period last year, it dropped by 52.3%, which is equivalent to a per capita monthly salary of 79,000 yuan less. .

　　Zheshang Securities followed closely, with a half-year per capita salary of 382,000 yuan and a total monthly salary of 64,000 yuan, down 23.9% from the first half of last year, equivalent to a monthly decrease of 20,000 yuan.

　　CICC ranked third, with a half-year per capita salary of 380,000 yuan, and a total monthly salary of 63,000 yuan, a year-on-year decrease of 25.8%, a month-on-month decrease of 22,000 yuan.

In 2021, the per capita salary of CICC will reach 980,000 yuan, and even as high as 1.16 million yuan in 2020.

　　In addition, the semi-annual per capita salary of CITIC Construction Investment, GF Securities, Guotai Junan, Huatai Securities, Orient Securities, Haitong Securities, and Guojin Securities all exceeded 300,000 yuan. Among them, only the salary of CITIC Construction Investment and Guotai Junan increased slightly, and the rest There are varying degrees of decline.

　　In terms of per capita salary reduction, in the first half of the year, Industrial Securities saw the largest per capita salary decline, down 55.3% to 163,000 yuan.

　Salary cut and performance winter

　　"The cold winter is here," said a securities company practitioner.

However, he also pointed out that some of the above-mentioned income levels are high. "The calculated income actually includes all the expenses of the securities company, which is the total labor cost, and the actual salary is lower than the calculated income." The practitioner said.

　　The high salary in the securities industry has also stinged many other peers. This year, the financial industry has issued a "salary limit order" twice.

　　On May 13, the China Securities Association issued the "Guidelines for Securities Companies to Establish a Stable Remuneration System", which requires securities companies to ensure the effective implementation of comprehensive risk management and compliance management when formulating remuneration systems, and not to unilaterally pursue market rankings and scales. Indicators and short-term performance, and formulate specific regulations to prevent hidden risks or compliance risks caused by excessive incentives.

　　At the beginning of August, the Finance Department of the Ministry of Finance issued the "Notice of the Ministry of Finance on Further Strengthening the Financial Management of State-owned Financial Enterprises", proposing to optimize the internal income distribution structure, increase the total salary to the grass-roots employees, and establish and improve the deferred payment of salary distribution and accountability. The basic salary of senior executives and employees in important positions of financial enterprises is generally not higher than 35% of the total salary, and more than 40% of the performance salary should be paid in a deferred payment method, and the deferred payment period is generally not less than 3 years.

　　In addition, there is also a performance impact behind the reduction of labor costs by securities companies.

　　Wind data shows that in the first half of 2022, among the 48 listed securities companies, 37 had a negative year-on-year revenue growth, accounting for 77%, and only 11 securities companies achieved a year-on-year positive growth in revenue; 42 had a year-on-year attributable net profit. A decline, accounting for 88%, 6 listed brokerages suffered losses, while 48 brokerages in the first half of last year were all profitable.