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the semi-annual reports of a-share listed companies have been disclosed, and the average salary of more than 2.5 million people in 42 banks has been "exposed". the number of personnel has also changed, with an overall reduction of more than 30,000 people, among which the six state-owned banks have reduced their staff by more than 20,000.

data shows thatin the first half of 2024, the average monthly salary of employees of china merchants bank exceeded 50,000 yuan, and that of industrial bank, zhejiang commercial bank, nanjing bank, jiangsu bank, etc. was also above 45,000 yuan.the six state-owned banks, which have a relatively large number of employees, have an average monthly salary of less than 30,000 yuan per person.

bank employees' salaries dropped by more than 5,000 yuan on average in half a year

as the banking industry is under pressure, the average salary of bank employees in the first half of the year has generally declined according to financial reports. overall, the salary of 2.55 million bank employees in the first half of this year has dropped by an average of 5,321 yuan compared with the first half of last year, and the average monthly salary has dropped by 887 yuan.

in terms of absolute amount, the salary levels of joint-stock banks and city commercial banks in the eastern region are still leading in the industry; the large state-owned banks have a large number of employees and a wide range of institutions, and their average salary is still relatively low. in the first half of the year, the average monthly salary of china merchants bank was 51,400 yuan, that of industrial bank was 47,000 yuan, that of china zheshang bank and that of nanjing bank were 46,900 yuan and 46,600 yuan respectively, and that of jiangsu bank was 45,700 yuan.

the average monthly salary of bank of communications and bank of china was 27,800 yuan and 27,600 yuan respectively, that of postal savings bank of china was 26,300 yuan, that of industrial and commercial bank of china and china construction bank was 25,700 yuan and 25,500 yuan respectively, and that of agricultural bank of china was 24,400 yuan.

this article uses wind terminal data and the formula "total wages for a period = cash paid to employees and for employees + employee wages payable at the end of the period - employee wages payable at the beginning of the period" to roughly calculate the amount of wages paid by each bank during the period, and then calculates the average wage level based on the number of employees disclosed.

it should be noted that since some organizations will distribute year-end bonuses for the previous year in the first half of the year, the average salary in the first half of the year may include year-end bonuses. at the same time, since the salary package includes benefits and taxes, the average monthly salary will be different from the actual salary received by employees.

more than 30,000 employees were laid off, and the number of business offices of many banks declined

according to wind terminal data, compared with the end of 2023, the number of employees of 42 a-share listed banks decreased by more than 30,000 in mid-2024, among which the six state-owned banks reduced their staff by more than 20,000 overall. however, bank of china increased its staff by 1,772.

as the number of employees decreases, some banks have also been reducing the number of branches in recent years. ccb said that by the end of june 2024, it had a total of 14,836 branches, while at the end of 2023, it had a total of 14,895 branches. in the first half of this year, 59 branches were reduced.