How do you view the wave of salary cuts for banks?

According to Xinhua News Agency, in response to the news of a 30% salary cut on the Internet, China Construction Bank, which was "named", said that there is no plan for a salary cut at present, and the total salary of CCB is approved in accordance with the wage determination mechanism of state-owned financial enterprises formulated by the Ministry of Finance, and follows the basic principles of marketization and corporate governance requirements, and the wage growth and profit growth in 2019 will be matched.

Three other state-owned banks have also made similar statements:

The Industrial and Commercial Bank of China said that as of now, ICBC has no unified arrangement for salary cuts. In 2019, ICBC has implemented the reform of the wage determination mechanism of state-owned financial enterprises in accordance with the relevant requirements of the state, and approved the total salary in accordance with the principle of marketization, and the total salary is linked to the overall operating situation.

The Agricultural Bank of China said that there are no plans and arrangements for salary cuts so far this year. The total salary of ABC in 2019 was approved in accordance with the reform policy of the wage determination mechanism of state-owned financial enterprises of the Ministry of Finance, followed the basic direction of marketization and the relevant requirements of the corporate governance mechanism, and grew in tandem with the economic benefits of ABC.

Bank of China said that at present, there is no salary reduction arrangement in the bank's salary expense budget. In 2019, the total wages of enterprises have been approved in accordance with the principle of marketization. In accordance with relevant policies and regulations, Bank of China determines salary expenses through corporate governance procedures, and employees' wages and corporate benefits have increased simultaneously.

There are four reasons for bank salary cuts: increased non-performing assets, performance pressures, rising costs, and policy factors.

1.Defective increases.

One of the most important factors in the increase in non-performing bank salary cuts. The increase in NPLs means that the risk of banks' asset quality increases, and banks have to increase provisions, which affects bank profits. Banks have reduced their profits, so it is natural to take pay cuts to maintain their operations.

2.Performance pressure.

Increased pressure on bank performance is also a reason for the salary cuts. Banks are under increasing pressure on their performance, unable to meet their savings, loans, and financial management targets, and their profits are reduced, so they have to cut salaries. Previously, one of the reasons for the 20% drop in Shanghai Pudong Development Bank was the performance pressure.

3.Costs are climbing.

The operating costs of banks are rising, and due to the competition of Internet finance, banks have to invest more manpower and scientific and technological research funds, which leads to the rigid growth of bank costs. As a result, banks have no choice but to reduce operating costs by taking pay cuts.

4.Policy factors.

In addition to the above-mentioned internal factors of the bank, there is also an external bank for the bank to cut salaries, and that is the policy. A few days ago, the salary reduction plan for senior executives of state-owned enterprises and state-owned financial enterprises has been introduced, and the salary of senior executives has been reduced to 30% of the original salary, and the annual salary shall not exceed 600,000 yuan. Policy factors have a particularly profound impact on the five major state-owned banks.

Salary cuts are an objective fact, but they already happened before the pandemic. There are also disparities in the magnitude of pay cuts across all levels of the banking sector. The salary reduction for front-line employees is the most obvious, but it is mainly due to the reduction of performance appraisal bonuses.

For bank employees above the middle level, the decline in wages is not a significant drop.

Although everyone's views on the pressure** and talent flow of the banking industry are partly different, when it comes to the changes in the banking industry, Di You, Li Chen and Zhang Rui all believe that the development of technology led by artificial intelligence, the rise of Internet finance such as Alipay and the decline in the economic situation are the reasons why banks have reduced their branches and fallen wages in recent years. The fading luster of the banking industry, which was once an "iron rice bowl", is more like the trend of the development of the financial market.

Gone are the days of pampering in the bank. With the diversification of financial services, banks have changed from the former "strong seller" to the service provider that needs to take the initiative, which is a fact that every banker needs to acknowledge and face.

If you choose to stay with bankers who stick to your career dreams, it is more pragmatic to grasp the industry trend and continuously polish your business capabilities.

Banks ushered in a wave of salary cuts, which shows that banks have also been affected by the fluctuation of the epidemic, and now the bank's performance is not good, mainly relying on loans. So the bank wants to maintain normal efficiency. Therefore, there has been a wave of wage cuts, which shows that wage cuts are not only in private enterprises, but also in state-owned enterprises in the future.

As far as most of my classmates in the bank are concerned, banking is really a very fragmented industry. If you want to cut salaries, I am afraid that the business posts that generate income at the front desk of various banks will bear the brunt.

First of all, the gap between state-owned banks, joint-stock banks, urban commercial banks, and rural commercial banks is heaven and earth, and the policy banks are put aside, which is not easy to compare.

The state-owned banks, especially the four major banks, all look at the joint-stock banks and the urban and rural commercial banks. The further reduction of wages in state-owned banks is too difficult for front-line employees, and I am afraid that it will lead to large-scale resignation. In addition, in the last year or two, the newly established wealth management sub-investment bank, I know that some of the original global pay departments have been cancelled and replaced with the same treatment as banks.

The situation of joint-stock banks and urban rural businesses is much better, and at most it is window guidance. Generally speaking, the salary of the front desk is basically double that of the middle and back office, and there is no upper limit. The profit commission of X line Sufen is even more than 20%, which is amazing.

Without a background, it is not far to be around thirty years old and earn 300,000 yuan a year. Some of my classmates have more than 300,000 graduates in the first year or two of their bachelor's degree, and it seems to be a common situation in their early 200,000s. When I heard these news, many of my classmates, like me, who later went to fintech companies, regretted not doing it at the beginning.

Therefore, I think that in the front-line departments, the salary space of the middle and back office is already very low, and there is no way to reduce it, and the China Banking and Insurance Regulatory Commission has new regulations requiring that some businesses are no longer outsourced. I think it can only be the front desk income-generating business post downgraded.

The bank has had a hard time this year, and it is rumored that Bank Y has included the full amount of the renewal of small and micro enterprises in bad debts, although I don't know which level. Just let the profits go on, and the state-owned assets have hidden requirements for profit dividends - if you want the horses to run well and the horses don't eat grass, then you have to suffer the employees again.

The question is, can you not suffer front-line employees?

Maybe the pressure on him is too great, so he wants to lower his salary, and then raise his work ability, the bank sits in the air-conditioned room and has a bad attitude, and accepts so much money, so everyone is willing to go, and after he goes, he will be under pressure, and he will slowly not be able to quarrel, so he will have to cut his salary.

In fact, it is relatively normal to look at the bank and he ushered in the event of the star tide, because the national economy of the bank is closely linked, so the bank is also constantly adjusting according to the situation of the national economy, some banks are commercial banks after all, they must be based on the interests of the bank or the operating conditions, so I think this wave of salary cuts is essential, but also because of the economic situation of our country makes the bank it has an indirect connection. This influence is linked, and the development of the bank's trend can be speculated through the influence of the country's economy.

Summary. My answer to this question is: banks want a raise.

The bank hopes to improve the work efficiency of employees through salary increases, so as to improve the economic benefits of the bank. The methods and practices to solve the problem of salary increase are as follows:1

First of all, banks need to develop a reasonable salary increase policy, and give reasonable salary increases according to the performance and ability of employees. 2.Secondly, banks need to regularly evaluate the performance of their employees and give reasonable salary increases based on the evaluation results.

3.Finally, banks need to regularly evaluate the performance of their employees, and give reasonable salary increases based on the evaluation results. The above are the methods and practices to solve the problem of bank salary increases, I hope it can help you.

My answer to this question is: banks want a raise. The bank hopes to improve the work efficiency of employees through salary increases, so as to improve the economic benefits of the bank.

The methods and practices to solve the problem of salary increase are as follows:1First of all, banks need to develop a reasonable salary increase policy, and give reasonable salary increases according to the performance and ability of employees.

2.Secondly, banks need to regularly evaluate employees' work history and give reasonable salary increases based on the evaluation results. 3.

Finally, banks need to regularly evaluate the performance of their employees, and give reasonable salary increases based on the evaluation results. The above are the rotten methods and steps to solve the problem of bank salary increases, and I hope it can help you.

You've done a great job! Can you elaborate on that?

My answer to this question is that it depends on the bank's performance and the performance of its employees. If the bank is doing well and the employees are performing well, then the bank may consider a salary increase.

Conversely, if the bank is not doing well and the employees are not performing as well as they should, then the bank may consider a pay cut. In addition, when considering a salary increase or reduction, banks also consider factors such as the employee's position, workload, job performance, etc. If the employee has a higher position, a higher workload, and a better job performance, then the bank may consider a salary increase.

Conversely, if an employee has a lower position, less workload, and unsatisfactory job performance, then the bank may consider a pay cut. In addition, banks take into account the competencies and experience of their employees, as well as the competitive situation in the market. If the ability and experience of the employees are high, and the market is more competitive, then the bank may consider a salary increase.

Conversely, if the staff is less competent and experienced, and the market is less competitive, then the bank may consider a salary cut. In short, whether a bank raises or reduces salaries depends on a variety of factors, such as the bank's operating conditions, employee performance, position, workload, job performance, competence and market competition.

This is mainly because the performance of many banks has been affected by economic development, and when the bank's revenue is getting lower and lower, it is natural for the bank to reduce expenses to control operating costs.

If a person works in a bank, we will generally envy this person very much, and at the same time, we will treat this person's work as an iron rice bowl. In a way, the work itself of the bank is very stable and the income return is very high. If even the salaries of employees in banks have fallen, it is difficult to imagine how far the incomes of employees in other industries will fall.

For Ping An Bank, Ping An Bank's own business scale is very large, and at the same time, it will also provide employees with higher benefits in the same industry, so Ping An Bank's salary cut has attracted the attention of many people. <>

This is mainly due to the fact that many banks are not doing well.

This is mainly due to the fact that the development of various industries has been affected by the new crown epidemic, and our overall economic development trend has also weakened. In this context, the business expectations of many banks, including Ping An Bank, are not ideal, and many banks have also experienced certain declines in countries with capital markets. In order to further control their operating costs, many banks will reduce salaries in disguise by reducing bonuses.

A lot of banks have a 4 6% discount on bonuses.

For bank employees, the basic income of Yinliang Bank employees is generally not too high, and their main income is mainly composed of bonuses. When many banks gave 4 6% off the bonuses of employees, the income of employees did drop significantly, and even some employees' income was only about half of the usual. To a certain extent, because the performance of all walks of life has been greatly affected, banks can only control employment costs in this way when there is no way to achieve more profits.

In my personal opinion, the salary adjustment in the banking industry is a very normal thing, especially when the income of many employees in the banking industry itself is very high, and the salary of the relevant employees is actually very high.

First, Ping An Bank's wealth management fee income (excluding **personal business) in the first quarter was 100 million yuan, a year-on-year decline. This is because the bank has taken the initiative to reduce the scale of non-standard products, coupled with the impact of factors such as the decline in sales volume caused by market fluctuations. However, the good thing is that this performance is still a significant improvement from the fourth quarter of last year, and an increase from the fourth quarter of last year.

Second, Ping An Bank achieved a first-class revenue of 100 million yuan in the first quarter, which decreased year-on-year. However, in the same way, compared with the fourth quarter of last year, it still warmed up a lot and increased.

We see that the state is introducing policies to guide financial institutions to further control their own salaries and avoid excessive salary growth, so we see that more or less financial institutions have begun to withdraw from the strategy of salary cuts.

Because the debt ratio of the entire resident is too high now, especially in the case of credit cards, basically everyone's overdue credit card is also very large, although there are more people who have saved money and debated, but there are relatively few people who can really improve.

Regardless of whether or not the rumors of a wave of bank salary cuts eventually come true, it is not surprising that a rational view of bank salary cuts is a completely normal adjustment of corporate operations.

People usually think that the position of bank employees is a golden job, but the actual situation is that the income of bank employees is originally linked to the performance of local banks, and if the performance is not good, the salary will naturally be low. Affected by the epidemic this year, the profits of the national banking industry will be reduced, and now that the state is vigorously supporting the real economy, banks will have to give up part of their profit margins to real enterprises, and it is inevitable that the wages of bank employees will be affected.

Even if the bank really wants to cut salaries this time, it should not be mainly aimed at the bank's junior employees, but at the senior management who receive annual salaries. If the salaries of the grassroots employees who are already low also have to be reduced, many grassroots employees will fall into the dilemma of living in difficulty, which is not conducive to the stable operation of the bank itself.