Are wages really high in the financial industry?

The salary in the financial industry should be very high in absolute terms, but on average it is not that high. I take banks as an example, because practitioners in the financial industry start from the lobby manager of the bank. As for the president of the head office of a bank, his salary level can vary by many levels, and there may be dozens of levels in detail.

Furthermore, the bank's salary is also linked to performance. If the bank's performance is good, the salary level of bank employees will also rise with the tide. And if the bank's performance is not good, then everyone's life will also be difficult.

There are also marketing positions at securities companies and fund marketing positions. These marketing positions all receive a basic salary plus commission. If the tasks cannot be completed, the basic salary is not high. And some functions in banks. For these positions, the salary level is still acceptable. For example, positions such as compliance, risk control, internal audit, etc. require people with strong academic qualifications and abilities, so the salary level is not low. Let's put it this way, the overall salary level in the bank is okay on average, but if you only work in window positions, the salary is average.