"Employees were exposed to 80,000 monthly salary" CICC: last year's per capita salary of 983,000 yuan, half a master's degree

Jimu Journalist Xiao Mingyuan Zhao Delong

On the evening of July 28, the wife of a employee of China International Finance Co., Ltd. (hereinafter referred to as Zhongjin Company) was exposed to her husband's high salaries on social platforms, and the screenshots were widely circulated. On July 29, CICC responded to the media that it had suspended the employee. According to industry insiders, CICC is a leading enterprise in securities firms, and its employees have higher income. Wind data shows that 50 % of CICC is a master's degree. From 2017 to last year, the per capita annual salary was between 700,000 and 1.2 million.

On July 28, a blogger posted a photo of his husband's income certificate. The average monthly income was RMB 82,500, and the payment was China International Financial Co., Ltd. According to the information released by the blogger, her husband was suspected to be born in 1993. Many netizens expressed their envy about high salaries for such a younger.

Public information shows that China International Finance Co., Ltd. was established in 1995 and is the first Chinese -foreign joint venture bank in the Mainland. According to its official website, in 2015, CICC was successfully listed on the main board of the Hong Kong Stock Exchange. In 2017, the strategic reorganization of CICC and the former China Investment Securities was completed. This transaction has significantly expanded the scale of CICC. The business structure of the first and secondary market. In 2018, CICC successfully introduced Tencent as a strategic investor. In 2020, CICC was successfully listed on the main board of the Shanghai Stock Exchange.

CICC's financial report in 2021 shows that in 2021, employees' salary was 13.326.5 billion yuan, and CICC had 1,3557 employees, with an annual salary of 983,000 yuan per capita. According to Wind data, 50 % of the company's personnel are masters. From 2017 to last year, the per capita annual salary of 700,000 to 1.2 million.

(Picture source: Wind)

An industry insider Hu (Hua surname) told Jimu Journalists that CICC calculates the head of the broker. In recent years, the salary of the financial industry personnel is indeed competitive. It is not necessarily false, but no matter for individuals or companies, salary is a more sensitive issue, and it is not appropriate to publish publicly on the Internet. In addition, the guidance of the regulatory of the securities firms has just been released shortly.

Mr. Hu also introduced that as far as he knows, CICC also has high standards in the process of talent recruitment. Often, it is a graduate of famous domestic and foreign universities. Of course, his internal work is also quite challenging.

Why is the employee involved by the company suspended and investigated? Is it because the monthly salary of more than 80,000 is not true, or the company secrets are leaked? On the evening of July 29, Jimu Journalists contacted the Public Relations Department of CICC, and the other party said that the company's current inconvenience responded to the incident.

Lawyer Wang Wen of Zhejiang Rongzhe Law Firm believes that CICC responded to the media that the employee was suspended and investigated, but it did not explain the reason. Under normal circumstances, it is likely that the company has a system of salary and confidentiality, and employees are suspended for investigation for violation of the system.

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