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Salaries in the financial industry are indeed relatively high. This is because the financial industry has four high characteristics, and these four high characteristics determine that wages in the financial industry are relatively high.

For the financial industry, it has four high characteristics.

It means high entry barriers, high IQ, high capital intensity, and high risks.

The entry threshold is high. Everyone knows that the financial industry requires a master's degree or even a doctorate from a key university to enter, and many financial institutions will also conduct strict layer-by-level examinations. It can be said that your chances of entering are very high.

Because there are many talents entering the financial industry, it can also be said to be a highly intelligent industry.

In the financial industry, only those with high IQ can make more money.

The financial industry deals with money, so the financial industry is a highly capital-intensive industry. As long as the turnover is high in a highly capital-intensive industry, a little profit can be a huge amount.

The financial industry deals directly with money, so it also faces great risks. A single oversight may result in huge losses.

It is relatively easy to make money in the financial industry.

The financial industry is an industry that deals with money, and it is a highly capital-intensive industry. Therefore, such an industry has a particularly large turnover rate. As long as you make a little money, you will be quite wealthy.

For example, a brokerage company's guidance for listing a company is based on a proportional commission. Coaching a company that raises 1 billion yuan is essentially the same as coaching a company that raises 50 billion yuan, and the difference in number of people may not be too big.

But if you coach a 50 billion company to be listed, the commission income you can get is 50 times that of coaching a 1 billion company.

Maybe by coaching a company that has raised 50 billion to go public, the brokerage firm may be able to earn several hundred million in revenue. Even a company that has raised 1 billion can earn tens of millions in revenue after being listed on the market.

Therefore, it can be seen that it is relatively easy to make money in the financial industry.

The financial industry deals directly with money, so it can be said that there are more opportunities to make money.

Now, with the development of the economy, people are getting richer and richer. It can be said that most of people's money is stored in financial institutions.

Therefore, it can be said that financial institutions are now able to make more and more money.

Nowadays, although many people have less money in their bank accounts, the money they have has been transferred to Yu'e Bao, WeChat Lingqiantong, etc.

But in fact, Yu'ebao and WeChat Lingqiantongqian are also in the financial system, and they are just monetary funds for investment.

Therefore, as people now have more and more money, everyone has more and more investment channels, and there are more and more ways for financial institutions to make money.

For the financial industry, it has four high characteristics.

It means high entry barriers, high IQ, high capital intensity, and high risks.

And with the development of the economy, people's wealth is increasing. Therefore, there are more and more ways to make money in the financial industry, and the ability of finance to make money is getting stronger and stronger.

Therefore, it is understandable that wages in the financial industry are slightly higher.

The average salary level of employees in the financial industry is indeed higher than that of other current industries.

The financial industry ranks first in terms of average industry monthly salary in 2019.

So in our daily lives, we will find that many people are engaged in jobs that rely on finance.

This further deepens the public’s misunderstanding of finance.

Finance is divided into old finance and new finance.

The old financial industry that we all know well includes the Troika, banks, securities and insurance.

However, what can really be called finance are banks and securities, and securities derivatives.

The insurance industry is gradually being classified by the public as a scammer.

The emergence of new finance has made it even more difficult for everyone to understand the financial industry.

For example, P2P and online lending.

Waiting for the emergence of some new financial models has made investors even more confused.

It can be seen that the financial industry is very broad.

From a pan-financial perspective, anything that can be linked to money can be called finance.

But for now, the real financial workers should be banks and securities.

Only banks and securities companies approved by professional institutions can deposit and withdraw money.

and access to the secondary market, a place for normal transactions.

So let’s take a look at the average salary for financial jobs in 2019?

From the picture above, we can clearly see that the highest average salary level in the financial industry is 15123.2.

The minimum average salary level is 5829.

From the large gap between the lowest and the highest, we can clearly see that there are more financial practitioners in the pan-financial industry.

Within this range, the average high salary should belong to bank presidents and financial managers.

Sales and consulting for securities firms.

If we must look at the insurance industry, such high salary levels should belong to less than 5% of senior managers in the insurance industry.

Why is the average salary level in the financial industry higher?

In fact, the essence of finance is to serve the real industry.