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    Which Industry In The Workplace Has The Highest Income &Nbsp, And The Financial Industry Is Well Deserved.

    2011/5/9 14:22:00 103

    Workplace Finance

    Chinese

    income

    The gap has always been the focus of attention. According to statistics, China's financial industry executives

    Pay

    It can reach 7 times of other industries.


    It's hard to get rich by earning wages. Many people think so.


    This statement is

    Finance

    The industry is basically wrong.

    Whether executives or ordinary employees, compared with other industries at the same level, executives and employees in the financial sector can get rich by earning wages.


    Data research statistics, in 2010, the average annual salary of the top management team of Listed Companies in the financial industry ranked first in the industry.

    GF Securities [33.66 0.54% stock bar] suddenly rose to the top of the annual salary of the top management team by 72 million 90 thousand yuan, with an average annual salary of 3 million 600 thousand yuan per executive.


    The annual salary of executives in financial industry is staggering. Executive director Zhang Zixin of 2010, the first year of the executive's annual salary is China Ping An [50.13 0.10% shares. The annual salary is up to 10 million 670 thousand yuan.

    Among the top 10 top executives, 6 are senior executives in the financial industry. Besides Zhang Zixin, there are also Chinese peace Ma Mingzhe, GF Securities Wang Zhiwei and Li Jianyong, Shenzhen Development Xiao Suining and Minsheng Bank [5.92 1.02% shares] Dong Wenbiao.


    Compared with the non-financial industry, the average salary of the top executives in the financial industry is 24 million 830 thousand yuan, while the average salary for each company is 3 million 680 thousand yuan, which is 7 times the former.


    In all 2106 listed companies, including banking, securities, insurance and trust, there are 819 executives, including 204 independent directors who do not receive remuneration in the company. If the unpaid independent directors are excluded, the average annual salary is 1 million 340 thousand yuan.


    In addition to executives, employees have obvious advantages compared with other industries. The average annual salary of most employees is higher than that of many executives.


    Statistics show that in 2010, the average annual salary of the employees in the financial industry was 240 thousand yuan, and the company with the highest average annual salary was [20.33 -1.02% shares of Anxin trust. It was 870 thousand yuan, basically consistent with the company's executive pay, followed by Shanghai Pudong Development Bank [13.89 0.51% shares] and China Merchants Bank [14.08 0.28% shares]. The average annual salary of employees was as high as 370 thousand yuan, and China Life Insurance [19.78 0.15% shares] the lowest, with an average annual salary of 88 thousand and 900 yuan.


    China's industry income gap ranks first in the world


    First, the wages of migrant workers in the initial distribution have been over depressed for a long time.

    In the same work, urban workers are twice as high or two times more than the wages of migrant workers.


    In 2008, Guangzhou, Shenzhen, Hangzhou, Nanjing, Dongguan, Shanghai, Wuxi, Suzhou, Ningbo and other nine cities of the Yangtze River Delta and the Pearl River Delta, the average wages of migrant workers in the export processing enterprises were less than 40% compared with the average wage of local urban workers. The biggest difference was the average wage of urban workers, which was 3293 yuan per month, and that of migrant workers was 971 yuan, less than 30% of urban workers.


    Second, the industry income gap is too large in the initial distribution.


    According to statistics released by the statistics bureau last year, the wage level of China's securities industry is about 6 times higher than that of the average wage of workers, and the gap between the highest and lowest income industries is 11 times.

    The latest data released by the wage Research Institute of the Ministry of human resources and social security has expanded to 15 times.

    If the securities industry is classified into the financial sector, the industry gap will be as high as 6 times.

    According to the information provided by the International Labour Protection Institute of the Ministry of human resources and social security, the difference between the highest and lowest wage levels in 2006-2007 years is about 1.6-2 times that of Japan, Britain and France, and Germany, Canada, the United States and South Korea are between 2.3-3 times.

    {page_break}


    Third. The mechanism of collective bargaining in the initial distribution is not sound.


    Under the condition of oversupply, the price of general labor will be depressed, and the relatively low wage level is partly rational.

    However, the wage level in the modern labor market is not only affected by the supply-demand relationship, but also by the collective bargaining of labor and capital.


    Fourth, the labor laws and regulations regulating the initial distribution are not implemented.


    For example, in terms of minimum wage and determination of the minimum working conditions, although the government has relevant provisions, it is negligent in implementation and supervision.

    According to international practice, the minimum wage should account for 40%-60% of the average wage of the society. However, according to the survey conducted by the National Federation of trade unions, the minimum wage of the provincial capitals in 2009 was mostly only slightly higher than 30%, and the minimum wage in all parts of the country increased substantially in 2010, and most of them still did not meet the international standard.


    Industry income is not afraid of inequality.


    Industry income gap is normal, and the gap is unreasonable and unfair.

    Adjusting income is not to bring down the high income or raise the low income to make people satisfied, but also to pay attention to the consistency and fairness of the system.


    Industry income disparity may affect social harmony, but we must admit that there is a normal phenomenon in market economy.

    The income level of labourers usually depends on four factors: market supply and demand, manpower capital input of workers themselves, economic benefits and distribution mechanism of industrial enterprises.


    Why do people believe in certain income gaps and are intolerable to some? It reminds the relevant policymakers that income distribution reform does not mean that we should bring down the high income or raise the low income to make people satisfied. We should also pay attention to the consistency and fairness of the system and eliminate the unfair factors in the gap so as to establish a good market competition environment.




     
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