With the decline in net profit growth and the rise in non-performing loans, working in a bank is no longer an enviable job. High income, many benefits, and almost no worries about unemployment are gradually becoming a thing of the past. The tide of wages and layoffs began to slowly approach the banks.
Recently, according to Wang Zhe (pseudonym), who is responsible for consumer finance business in the Beijing branch of a joint-stock bank, he is now in a state of anxiety, and now he is ready to leave.
"Some time ago, the Beijing Branch issued a notice to all sub-branches, requiring each branch to submit a list of personnel for transfer. Some branches only have two or three tellers left. But now, all transfer lists have been finalized, and departments My boss told me that I might be transferred to a community bank branch and no longer engage in consumer finance business." Wang Zhe said, "I will be transferred from the areas I am good at to the areas I am not good at, and the salary, benefits and task indicators will be adjusted. In fact, we all know this. It’s just a disguised form of layoffs.”
With net profit growth declining and non-performing rates rising, working in a bank is no longer an enviable job with high income, many benefits, and almost no worries about unemployment. Gradually becoming history, the wave of salary cuts and layoffs began to slowly approach the banks.
Wang Zhe used to work in a trust company. In 2010, he entered a bank by chance and witnessed the end of the "era of making money while lying down" in banks. "Our bank's consumer finance business started relatively early. I started taking charge of the consumer finance business in 2015. We are actually doing okay, but for many account managers, life is getting harder and harder," Wang Zhe said. "Task indicators are increasing, and the pressure is getting bigger and bigger. The sprint has just been completed at the end of 2016, and the indicators have come down again. In 2017, an average of 200 million yuan will be added every day," a bank corporate account manager said to China Electronics The editor of Bank.com said, "Since 2014, it has become increasingly difficult for us to complete our tasks. Many colleagues have chosen to change jobs and work for other companies in the financial circle."
"In the past, banks did not worry about attracting deposits. But now, the development of Internet finance has broken the pattern in which residents' assets are limited to participating in fixed-term and current savings in banks or purchasing some treasury bills. It has been difficult to attract customers through gifts such as sending oil and gift certificates. In fact, it is not just about attracting savings. We also have indicators for precious metals, credit cards, insurance, etc. It is very difficult to complete each indicator. Taking insurance as an example, in order to complete the department's insurance tasks in 2016, the leader directly used the department bonus to buy insurance for us, and we paid it regularly. "I just bought it in 2015 to complete the task," a bank employee of a listed bank complained. "Our branch's insurance had a good start in 2017, almost all of which were subscribed by internal employees of the bank," the employee further said.
The heavy task indicators are an important reason for the high pressure of bank employees, and the increasingly stringent assessment of employees by many banks is further increasing the pressure on bank employees. "Employees in our bank must install location-based attendance software. Employees’ travel trajectories are automatically recorded and displayed from 8:45 am to 17:30 pm every day from Monday to Friday, and updated every 10 minutes,” said an employee of the auto finance division of a joint-stock commercial bank. “The spirit is in a state of tension all day long. ", an employee of the bank told the editor.
Some bonuses will be postponed to the middle of next year. Employees said they are very hurt
Unlike banks that did not have year-end bonuses in the past, many banks have suspended or severely reduced their year-end bonuses this year. An atmosphere of anxiety and unrest spread among bank employees.
“Part of the year-end bonus will be distributed in advance this week, and the other part is said to be distributed in the middle of 2017. In 2015, we will distribute it before the end of the year,” an employee of a joint-stock bank in Chengdu told the editor. "Actually, the year-end bonus is not much, but compared to the monthly salary, it is still very considerable. I did not expect that part of the bonus will be postponed next year. Colleagues in the industry who originally planned to get the year-end bonus and change jobs are now very depressed. I don't know if they resign. The remaining part of the year-end bonus How will the bonus be distributed, and colleagues who are determined to resign no longer look forward to year-end bonuses?" the employee further said.
Compared with banks that have already issued part of the year-end bonus, an employee of the Shijiazhuang branch of a joint-stock bank broke the news, "Our bank's performance bonus has been suspended for 5 months, and we have been notified that it will not be reissued. As for the year-end bonus, We no longer look forward to awards. Many colleagues have resigned recently.
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On the other hand, in some banks, there is a trend of narrowing the gap between old employees and new employees in year-end bonuses. "Our bank gave out year-end bonuses, and I learned that I and a new employee who had just joined the company for more than a year The year-end bonus is almost the same, but there is a bit of a gap in my heart. Perhaps it is because the cost of leaving is higher for older employees, and the post-90s generation leaves their jobs if they disagree. In order to retain new employees, the bank gives new employees year-end bonuses that are almost the same as ours. Of course It cannot be ruled out that the post-90s generation has more active thinking and may have greater potential long-term contribution to the bank," said an employee of a city commercial bank who has been with the bank for three years.
China Merchants Bank has the largest number of employees reduced. According to the semi-annual report of China Merchants Bank, as of June 30, 2016, the bank had 68,424 employees (including dispatched personnel); and at the end of 2015, the bank had 76,192 employees (including dispatched personnel). Based on this calculation, China Merchants Bank’s employees decreased by 7,768 in the first half of this year.
At the same time, ICBC’s semi-annual report showed that as of the end of June, ICBC had 458,711 employees. , a decrease of 7,635 from the end of the previous year.
In addition, the number of employees of Bank of China, Agricultural Bank of China, and China Construction Bank as of the end of June also decreased by 6,881, 4,023, and 6,721 respectively from the end of the previous year. The total number of employees of major banks in the first half of this year was about 25,000.
A reporter from "Daily Economic News" checked the mid-term report and found that many other banks also experienced reductions in employees, such as Bank of Communications' employee reduction of 577; Minsheng Bank decreased by 1,046 employees; China Everbright Bank decreased by 498 employees.
However, some banks are adding employees. For example, Ping An Bank increased its employees by 663 in the first half of the year compared with the end of last year; Industrial Bank increased its employees. 725 people; Shanghai Pudong Development Bank increased its employees by 844; Ningbo Bank increased its employees by 706.
“Each bank’s situation is different, so the staffing is also different,” a senior executive of a city commercial bank in East China said. A reporter from the Daily Economic News said that for example, some banks that focus on small and micro businesses may need to allocate more employees for risk control and business.