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What is the salary in the securities industry?

The securities industry provides a variety of positions. Employees in different sequences, employees at different levels in the same sequence, and even employees in the same position have very large differences in their salary standards.

For example, the income of administrative and clerical staff at the headquarters of a securities company is relatively fixed, and may be slightly higher than the average income of white-collar workers in the same city. Another example is counter staff (similar to bank tellers who count money and handle various deposit and withdrawal services), and their income is similar to that of clerical staff. But if it is a marketing position, that is, positions that promote financial products to customers and bring new securities trading customers to the company, the basic salary may be lower than the city's average income level, but they will have a high proportion of marketing commissions. For the same account managers, some have a monthly salary of 2,000, while others have a monthly salary of 200,000.

If you are a senior manager of a company, your income is very stable and objective. Taking a large securities company where I work as an example, the general managers of each department in the company have an annual salary of more than one million, and the general manager and president of the company and so on , the public payroll alone is about 2 million.

If you and your friends want to work in this industry, there are 2 situations that are suitable for you.

First, you have rich network resources in the city where you are going to work, and they can successfully help you complete various marketing tasks.

Second, you have high academic qualifications in finance and can develop in areas such as investment banking and investment analysis.

If you do not fall into these two categories, if you want to succeed in this industry, you must either have outstanding overall abilities or be very lucky.

In general, compared with other financial industries (such as banks, insurance, funds, futures, trusts, etc.), the income level of the securities industry is very unstable, and is far higher than during the bull market. Others (in 2007, the average annual salary of all employees of a large securities company in my country exceeded 1 million), during the bear market, it may drag down the average income of local residents (last year, many employees in the securities industry had an annual salary of less than 100,000).

Hope it helps you