This article comes from the WeChat public account: DT Finance (ID: DTcaijing) , author: DT efforts to work monarch, formerly titled” how to achieve by working a million a year? We use data to help you explore the way “, the picture from: IC photo
“It is impossible to work part-time, it is impossible to work part-time in this life.”
Behind Steve Guevara ’s explosion, this sentence poked the hearts of countless young people. I would like to ask, if not to make a living, which social animal is willing to work?
Young Americans have similar thoughts. The FIRE movement, which has been popular in the past two years, advocated “financial independence, retire early (financial freedom, early retirement) “, through open source throttling, early realization Wealth is free, and he has been enjoying retirement since he was 35 years old.
The question is how to achieve wealth freedom. Know that not everyone can bear the high risks and high pressures of entrepreneurship .
For most people, part-time work is the ultimate way back.
So today we will take a look at whether it is possible to realize the freedom of wealth by working. First set a small goal and make him an annual salary of one million.
How difficult is it to reach one million annual salary?
On the evening of May 15, 2019, after Tencent Holdings released the first quarter of 2019 financial report, #tencent employees average monthly salary of 70,000 # quickly rushed to the top search hot.
DT Jun was deeply shocked to check the original text and noticed that in the 2019 annual report, the personal salary of Tencent President Liu Chiping was as high as 350 million yuan, and there were many undisclosed executives as early as the 2015 financial report The annual salary has exceeded 100 million. Behind the so-called average monthly salary of 70,000 per capita, it contains a lot of “averaged” moisture.
It can be seen that even in a large Internet company with a high salary, it is not so easy to achieve a million annual salary. What about the general public?
We collected all the relevant data of 3827 A-share listed companies. After excluding the samples of missing data, it was found that more than 85% of the average annual salary of ordinary employees of 2158 companies was less than 100,000 yuan. If we consider the “gap between rich and poor” between the company and its employees, the annual salary of a considerable number of people may be even less optimistic.
The above picture clearly tells us that the average employee wants to impact the annual salary of one million, and the hope is very slim.
It ’s still a good executive.
However, it seems that the difficulty of becoming an executive is no less than the examination of the Qingbei Fujiao.
From the data point of view, after removing the outliers, the proportion of senior executives and board members in A-share listed companies is less than 1%.
In contrast, the possibility of entering the board of directors is slightly higher. The median of board members as a percentage of employees is 0.3%, while the median of executives is only 0.27% —the former is 0.03% higher.
What’s more frustrating is that even if you work hard as an executive, you may not be able to guarantee a high salary.
The data shows that among the A-share listed companies, the number of companies with an average annual salary of 1 million executives accounted for 46%. At first glance, this ratio is not low, it seems to mean that as long as you can be promoted to the executive level, there is almost a half of the chance of achieving an annual salary of millions. But we looked at the original data and found that many of the executives were “averaged.”
Look closely at the status of executives in different positions. Among the four “standard” executive positions in the A-share financial report, the proportion of any position with an annual salary of one million does not exceed 40%. This shows that executives and executives The gap between the rich and the poor is actually large.
Of course, the higher the position, the greater the chance of achieving small goals. Among the highest-ranking general managers of the “workers”, the number of people with a million annual salary amounts to 36%, while the chief financial officer and the secretary of the board of directors are only 13% and 17%, respectively.
What ’s more important is to choose a good company.
If you can be a general manager at Huaxia, the annual salary will be as high as 40 million; if you can become the financial director of CITIC Securities, the annual salary will be close to 8.2 million; if you are a secretary of the board of directors of Light Media, the annual salary will also be close to 7 million. .
How to raise the salary ceiling? Selection is important to the industry
Since this is the case, what kind of company is better able to raise its future salary ceiling?
In terms of industry, whether it is the proportion of companies with an annual salary of one million executives, or the average salary of ordinary employees, the financial industry is a must.
Of the A-share listed companies in banks and non-banking finance, nearly 90% of the company ’s executives have an average annual salary of more than one million and ordinary employeesThe median company’s median annual salary is as high as 400,000 yuan.
Among the 3827 A-share listed companies, only 19 companies have an average annual salary of more than 500,000 yuan, and 17 of them belong to the financial industry. In addition to a series of brokerage companies such as CITIC Securities, Huatai Securities, Haitong Securities, Oriental Securities, and China Merchants Securities, there are also familiar bank names such as China Merchants Bank, Zheshang Bank, Ping An Bank, and CITIC Bank.
It ’s no wonder that even if the financial industry is already overcrowded, there are still a lot of young people dumping dumplings every year.
After excluding financial-related industries, the average median salary of ordinary employees of companies in other industries is actually not much different. Real estate is already in the second echelon, and the average annual salary of companies in the middle is only about 100,000 yuan.
But if you only look at executives, real estate, construction materials and electronics are the most generous, and the proportion of companies with an average annual salary of more than one million executives exceeds 60%. Real estate is one of the best. Of the 7 companies with an average salary of more than 10 million senior executives, 3 are real estate companies, followed by Jinke shares, China Fortune and Vanke.
If you look at it this way, if you ca n’t get into the financial industry with financial freedom, it ’s also a good choice to work hard for real estate companies.
However, if you unfortunately enter the leisure services, machinery and other industries, it is really difficult to achieve the small goal of one million annual salary.
Looking for a job, you have to pick a large company
Aside from the industry, the type of enterprise will also have a certain impact on the wages of migrant workers.
Relatively speaking, the central and local state-owned enterprises are relatively friendly to ordinary employees, led by the Beijing-Shanghai high-speed rail, a number of head banks and securities companies, etc. In recent years, the competitiveness of state-owned enterprises has continued to rise.Such hidden benefits, especially in the current epidemic situation, state-owned enterprises are the main members of the “large team without salary reduction”.
In contrast, although foreign-funded enterprises account for a high proportion of the annual salary of 1 million yuan, the overall income of ordinary employees is not very optimistic. Private enterprises have the largest base. Although there are still high-paying companies such as Digital China, the average level is relatively low due to the uneven overall competitiveness.
Of course, even in listed companies of the same industry and type, the gap between the rich and the poor is still very large.
For example, Macalline and Hongqi, both in the business and trade industry, have an average annual salary of nearly 5 million for senior executives and only 250,000 for the latter.
So the question is coming again, what other factors affect everyone’s salary level?
DT Jun collected financial data such as market value, revenue and profit corresponding to each company, and grouped them according to scale. The results show that whether it is an executive or an ordinary employee, everyone’s salary has a certain positive correlation with the company’s market value and revenue level.
This means that the company ’s size actually has a large impact on salary levels.
If you are a senior executive in a company with a market value of more than 50 billion yuan or a revenue of more than 10 billion yuan, there is a 70% probability that you can achieve the small goal of one million annual salary.
If it is a large company whose market value or revenue can reach 200 billion yuan, the average annual salary of ordinary employees isCan reach 6 digits. Of course, to achieve this volume, most of them are big manufacturers in various industries.
From a profit perspective, DT Jun noticed a small turning point. When the annual loss exceeds 1 billion yuan, the salary level of the employees even exceeds that of companies with a profit of less than 1 billion yuan, which surpasses those with a profit of more than 1 billion yuan. This shows that companies that frequently lose more than one billion yuan are really not bad.
For example, LeTV.com has a total loss of 11.3 billion yuan in 2019. The average annual salary of its executives is 1.1 million yuan, and the average annual salary of ordinary employees is more than 200,000. This kind of loss-making also requires generous behavior of employees, and it is definitely a good employer for A shares.
Of course, because this statistical sample is limited to the A-share market, overseas listed Internet companies such as iQiyi and Bili Bili have not been included in the statistics. These enterprises also bear huge losses, and at the same time become the first choice for the majority of young people with excellent treatment.
Ending
Seeing now, everyone should have discovered a cruel reality: If you want to achieve financial freedom through working, there is very little possibility.
After all, companies that can successfully list on the A-share market are already relatively high-quality. Even in such a company, even if they try their best to reach the level of executives, there is still a considerable possibility of holding the money to sell cabbage, and selling XX.
We have posted on the Internet more than once, “How many people are crying on the side of the road because of too much work pressure; too much entertaining, drinking and drinking and holding the subway station staff to vomit; not having time to work with girlfriend for work A young man with a double knife at work and love shouts in horror … “video.
But in fact, when you look back, for most people, the probability of this life is that you can only work for a long time. You may not be able to touch the financial freedom until you retire at the age of 65. In this case, our ordinary or even failure is the normal state of life, and those seemingly endless blame for self seems to be less.
After all, telling us from a childhood TV series, the most important thing to be a man is to be happy.
At the end, DT Jun would like to quote the answer from the netizen ze ran and drink this bowl of chicken soup with everyone, cheers!
This article comes from the WeChat public account: DT Finance (ID: DTcaijing) , author: efforts to work DT Jun