Average employee's salary is 10 times worse. Financial sector income gap increased

Source: Internet
Author: User
Keywords Employee annual salary income gap
New Express Trainee reporter Li Lu is the end of a year. Whenever this time, major enterprises have entered the annual liquidation and summary stage, the Bank to achieve qualified loan ratio data to try to store, other companies also to make a beautiful annual report card to sprint; and this year's sensitive period, another topic also aroused people's hot discussion, This is the reform of the internal income distribution system of State-owned enterprises.  Recently, the Ministry of Finance and Sasac have said that the state-owned enterprise income distribution has been a mapping.  The key period of compensation reform in state-owned enterprises from December 1 to 10th, the National 23 financial and Central Enterprise executive pay will be subject to special inspection from the Ministry of Finance. 4th, the SASAC Enterprise Distribution Bureau Director Yugis said in Haikou, because state-owned enterprises overall staff average wage than other types of enterprises, especially private enterprises, the average wage is higher, a small number of high-income enterprises within the distribution of income distribution gap is large, some of the staff pay out of the market price and other issues, in the  Therefore SASAC will actively promote the state-owned enterprise income distribution system reform, so that the state-owned enterprises employees and leaders of the income gradually into the institutionalized and standardized track. Compensation reform in state-owned enterprises is commonplace.  This year, despite rumours of wage cuts in state-owned enterprises, it is an indisputable fact that their overall pay remains high.  In July this year, the National Bureau of Statistics issued a 2009 Wage Survey report, 2009 National Urban Private sector employment workers annual average wage of 18199 yuan, while the state-owned enterprises on the average wage of 35053 yuan, more than the former a full height of nearly one times. "The gap was obvious at first, but it was not so obvious without comparison." Guangzhou private enterprise workers said.  It is understood that in 2009 the National Bureau of Statistics first established a system of wage surveys for private sector units. The figures show that the annual average wage rate of urban private enterprises in 2009 fell by 7% compared with the previous year. 2008 years of state-owned enterprises annual average wage of 31005 yuan, 2009 for 35053 Yuan, year-on-year growth reached 13.1%.  And this August, when the Li director of the state-owned enterprise reform and development of a special report revealed that at present, the current average wage (annual salary) of the central enterprises 54,000 yuan, if according to the statistics of the National Bureau of Statistics, the average wage is higher than private enterprises about three times times.  Not just the industry's profit problem. The report of the 10 state-owned listed companies representing different industries found that the average annual salary of some of the company's employees was only more than million yuan in 2009. Among them, Huadian International (600027) employees average annual salary of 12143 yuan, China Merchants Real Estate (000024) average annual salary is only 18273 yuan, and statistical data is very far away, while Southern Airlines (600029), Baosteel shares (600019) and China CRCC (601186)  and other industry leading staff annual income also only maintained in 30,000-40,000 yuan, these data and Li gave a certain gap of 54,000 yuan.  The question is, is this really the case? Data show thatMonopoly industries such as oil, electricity revenue is considerable, Sinopec (600028) Employees annual salary of 77655 yuan, Guangdong Electric Power (000539) Employees average annual income is nearly 120,000 yuan, and "the world's most profitable bank" ——— ICBC (601398)  Staff average annual salary is to break the 150,000 yuan mark, reached 155,000 yuan.  The average salary of employees is 10 times worse, why is there such a big gap in the average salary of listed companies? In addition to the gap in the industry's profit level, some accountants give his understanding: the definition of the number of employees is the key. "Many companies have Labor-Dispatch staff who generally earn less and benefit less, and the average is much smaller," he said. And companies like Guangdong Electric Power, the report shows that fewer than 2000 employees, this is obviously the formal work in the establishment, coupled with monopolies, the average wage is high. Peng, a researcher at Guangzhou Academy of Social Sciences, said that real estate and electricity are high profit industries, and relatively, real estate in the near future may be more lucrative.  Therefore, China Merchants real estate staff income is lower than the Guangdong electric power is hard to believe, the estimate is the difference in statistics, therefore, the need for the composition of the enterprise staff to confirm the reasonable conclusion. The income gap of the financial industry increases the income of the state-owned enterprises, and the gap between different jobs in the same industry is very big.  This is no exception in the highest-paid financial sector, where 10% of the top earners in the industry are 20 times more than the average income of 10% per capita. 2009 Annual report data show that a small number of state-owned financial Enterprise executives of the annual salary level is the social average wage of more than 100 times. ICBC, CCB, BOC, chairman of the three major bank annual salary of nearly million, an average annual salary of 859,000 yuan, of which ICBC chairman Jiang Jianqing (911,000 yuan) in the first place, and this is only paid pay, including bonuses, such as the final pay has not been confirmed.  In 2008, the chairman of several major banks paid more than 1.5 million yuan to break the mark, the highest still for Jiang Jianqing, annual salary of 1.61 million yuan. Xiao Hu (a pseudonym) last July entered ICBC Guangzhou branch, graduated from a prestigious university in Guangzhou, financial professional, with a postgraduate degree, she did not enjoy any benefits at work, and the same time in other college students to do as a teller, dry is 1.5. She told reporters that the employment system to determine the wage distribution made her very helpless, "the salary is not too low, the master degree is indeed more than undergraduates hundreds of yuan, but the promotion hope is slim." Mr Hu said state-owned banks, unlike foreign banks, staff training and career development have a corresponding plan, in her branch, only "above" Department of vacancies in order to have the opportunity to go up, "the old stay in this position of the teller, how to pay a raise is also the poor, at most, it is about 5000 yuan , only the position changes, can get rid of this situation. Even if you do not want to move, only the teller's experience can not get a better job opportunities for themselves. "Compared to Xiao Hu, she was twoXiao Jiang is much luckier. After graduating from the University of ICBC should start from the grassroots position, however, because of the staff distribution between departments, Xiao Jiang was fortunate to be transferred to the company's business unit, "That year we marched 11 people, 10 were on the department, only 1 to do the teller, the result of the person did not sign." "For the current master to be a teller," said Jiang, "to a certain extent, is a waste of resources, not everyone can stick to it." "At present, Xiao Jiang is a public account manager, whose branch benefits have been ranked among the top in Guangzhou, annual salary of 150,000-240,000 yuan." The average annual salary of 10 listed state-owned enterprises and the annual salary of senior managers is more than the total number of employees (people) average annual salary (yuan) the number of executives accounted for about a ratio of more than three senior executives average annual salary (million) investment real estate 8911182730.28%7.20% 140.98 Southern Airlines 50412317780.06%0.68%99.66 Baosteel 42318376940.05%0.77%103.90 Minmetals Development 7365311040.33%2.68% 61.65 Huadian International 18058121430.11%3.03%74.57 Guangdong Electric Power a19141194091.4%1.94%61.38 Sinopec 371333776550.005%0.033%  72.19 China Railway construction 209103355190.009%0.14%73.11 ICBC 3898271551710.007%0.17%79.9 China Construction 111587149010.018%0.59%69.47 View will touch interest group Salary reform is not easy to the distribution of state-owned enterprises more impact of the "Enterprise wages Regulations" is still brewing. At present, the most important stipulation of the enterprise wages regulation is that if the laborer negotiates the wage ration, the business party must accept that the content which can be negotiated includes the salary ration, piecework, unit price and the various matters of the distribution of wages. But who are the workers ' representatives to negotiate with in the state-owned enterprises? It is clearly unrealistic to negotiate with the government if it is negotiated with the donor.  A ministry official said. In this regard, the Guangzhou Academy of Social Sciences researcher Peng that the key is how the trade unions participate in and guide the normal wage negotiations, and obtain both sides can endorse the results. The relationship between profits and high salaries in the monopolistic industry is clear. In fact, the average wage should be lower in order to be reasonable because the monopoly trades are more stable in their work and income. And those in high-risk, highly competitive industries should be a little higher. But to reach the group's interests, reform is not easy to advance.  However, the reform of the state-owned enterprise income distribution, such as "Twelve-Five" planning recommendations are said to be "the reform of the crisis", it is impossible to easily, but also can not avoid, after all, we are facing the workers have been even after the generation. On the remuneration of middle-level managers in state-owned enterprises, Peng said, in fact, middle managers still belong to the "wage" class, executive pay is a lot higher than it is. "If we want to reform the income distribution system of State-owned enterprises, it will involve not only the whole management, but also the ordinary employees, especially the technicians and marketing personnel." "There is also a disparity in data executive pay," the reporter said in a 2009 annual report on listed state-owned enterprises some of the company's executive staff pay a higher proportion of the total, such as investment 25 executives accounted for 0.28% of the company, the remuneration (excluding bonuses and equity) accounted for the total staff wages of 7.2%; Minmetals Development (600058 24 senior figures accounted for 0.33%, accounting for 2.68% of total corporate remuneration, and 20 per cent of China electric power international accounted for 3.03% of the total number of executives, 27 of the total number of executives in Guangdong, 1.4% for executives and 1.94% per cent for executive remuneration,  Some of the other large state-owned enterprises, more than 20 senior executives are taking a pay share of nearly 1%.  In the 10 large state-owned enterprises surveyed by the reporter, the 2009-year salary of senior executives has increased or decreased by 4:6, the minimum change is only 1.29%, and the maximum reaches 66.15%. Sinopec's 19 executives gained 9.6573 million yuan last year, up 1.29% from the previous year, while ICBC's 27 executives received 10.382 million yuan in 2009, down 66.15% from 2008 27 senior executives of Guangdong Electric Power received a salary of $4.4407 million last year, up 34.13% from the previous year; China's CRCC (601186) 18 were paid 10.4308 million yuan last year, a 32.93% increase from 2008. The remaining changes were concentrated between 10% and 30%.  Among the top three directors and executives, the proportion of all executive pay is concentrated at 10% to 40%. Of these, the top three top executives paid a total of 4.2295 million yuan last year, accounting for 36.1% of executive pay, and second, the top three executives of Huadian International received 2.2372 million yuan in remuneration last year, accounting for 33.66%. In addition, the reporter found that in the monopoly industry such as electricity, oil companies, the top three average annual salary is almost in the final, Sinopec average annual salary of 721,900 Yuan, ranked seventh, Guangdong Electric power three top executives average salary of 613,800 yuan, ranked at the lowest.
Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.