The agent asked employees to avoid showing off their wealth.

The agent asked employees to avoid showing off their wealth.

The agent asked employees to avoid showing off their wealth. Relevant screenshots show that this "code of conduct" comes from the fixed-income financing department of a brokerage firm to avoid its negative impact on the company and even the whole industry by showing off its wealth and high-profile behavior. The agent asked employees to avoid showing off their wealth.

The agent asked employees to avoid showing off their wealth. 1 "Don't drive luxury cars (1 10,000 or more), wear high-end watches (10.5 million or more), use high-end bags (50,000 or more), and other inappropriate luxury customized items."

65438+1October 13 An internal document from a securities company, Code of Social Conduct for Employees of the Fixed Income Financing Department (Trial), was circulated on the Internet, asking its employees to avoid showing off their wealth and other behaviors to bring negative effects to the company and the industry.

The Red Star Capital Bureau pointed out that the code of conduct mainly requires four aspects, as follows:

Use of luxury goods: You must dress appropriately in the working environment. You are not allowed to drive luxury cars (1 10,000 or more), wear high-end watches (10.5 million or more), use high-end bags (50,000 or more) or use other inappropriate luxury customized items. Manners: avoid discussing any luxurious content when communicating with foreign countries, so as not to leave the impression of high-profile luxury for employees in the financial industry. When using social software and social platforms, it is not allowed to send screenshots or the specific amount of wages and bonuses ... External publicity: the external publicity recruitment information cannot contain the expression of salary information. Recruitment advertisements shall not indicate elements such as high salary, high commission and abundant resources. Life style: We must take a responsible attitude towards personal life and seriously deal with personal life problems.

Because there is no watermark and other marks on the circulating documents, it is impossible to judge which brokerage firm it is. However, some netizens speculated that the introduction of the code of conduct may be related to the incident of suspected brokerage practitioners earning high income on social platforms.

According to the previous report of Red Star Capital Bureau, there is a screenshot of the income of a little red book blogger. His income in1-1is 2,246,700 yuan. The blogger should be Lu, chief analyst of Zhongtai Securities (6009 18). Shh). (For details, please poke the link: "The analyst's annual income is 2.24 million? The parties deny it! Zhongtai Securities: I'm shocked. I'll look into it. )

Currently, we can't search related accounts. However, according to media reports, Lu himself replied in a circle of friends that he did not have a little red book account, and someone transplanted flowers and spread them.

After the matter was fermented, the high income of the financial brokerage industry once caused a heated discussion on the Internet. According to the data of Red Star Capital Bureau, the per capita salary of 50 listed securities companies will be 524,800 yuan in 2020.

The Red Star Capital Bureau noticed that some netizens speculated that the code of conduct might come from Zhongtai Securities or CICC (60 1995. SH； 03908. Hong Kong).

65438+1October 65438+March, Red Star Asset Management Bureau called the relevant departments of Zhongtai Securities and CICC successively, and the staff all said that this code of conduct was not their company's.

The agent asked employees to avoid showing off their wealth. 2 "You are not allowed to drive a luxury car (1 10,000 or more), wear a high-end watch (10.5 million or more) or use a high-end bag (50,000 or more) in the working environment-a code of social conduct for employees of the fixed income financing department (Trial Edition), which contains the above core contents, has caused quite a stir in the industry.

Relevant screenshots show that this "code of conduct" comes from the fixed income financing department of a brokerage firm, which clearly regulates four aspects: "luxury use, manners, external publicity and lifestyle" and prohibits employees from "showing off their wealth" in many aspects. Avoid showing off wealth, high-profile behavior and other negative effects on the company and the whole industry. These guidelines are designed to avoid giving employees in the financial industry a high-profile and luxurious impression.

Although the authenticity of the relevant content remains to be verified, the compensation problem in the securities industry has attracted the attention of relevant departments. Recently, China Securities Industry Association issued a notice of investigation on the salary management system to securities firms to understand the opinions and suggestions of the industry on improving the salary management system.

Four requirements to prevent employees from "showing off their wealth"

This nearly 600-word code of conduct covers four aspects: luxury use, manners, publicity and life style. In order to avoid negative effects, it has made clear requirements on "showing off wealth" in many aspects.

The general principle of the code of conduct is put forward by the collection department of securities firms, that is, employees within the work scope of the department should pay attention to their words and deeds, and are not allowed to feel superior because of non-self factors such as family background, so as to be a good professional banker. "In order to adhere to the social values of * * * and prosperity, and in line with the current social situation, the fixed income financing department has issued a code of social conduct for departmental employees to avoid the negative impact of flaunting wealth and high-profile behavior on the company and the whole industry." This expression in the specification reflects some problems that have appeared in the industry at present.

About watches, luxury cars and bags

The most striking thing in the Code of Conduct is the relevant provisions on the use of luxury goods. If you work in a working environment (office hours and any occasion where customers are present), you must dress appropriately, and you are not allowed to drive a luxury car (more than 654.38+00,000), wear a high-end watch (more than 654.38+05,000), use a high-end bag (more than 50,000) or use other inappropriate luxury customized items.

Manner requirements are mainly aimed at behaviors such as "drying wages", with the aim of avoiding leaving a high-profile and luxurious industry image. Avoid discussing any luxury content when communicating with foreign countries if necessary; When using social software and social platforms (public media, including friends circle, Tik Tok, Little Red Book, etc.), you are not allowed to send screenshots or a specific amount of salary bonus. ), and do not post high-end luxury goods, high-end tourism, high-end restaurants and drinks on social platforms; You must submit an application to the department before accepting a formal interview, and you are not allowed to comment on the industry salary at will when accepting formal and informal interviews (attending forums, etc.). ).

The content of external publicity also restricts sensitive information such as "remuneration package". In the external publicity recruitment information, the expression of salary and treatment information cannot be included. Recruitment advertisements shall not indicate elements such as high salary, high commission and abundant resources.

In terms of life style, it is required to treat personal life with a responsible attitude and seriously deal with personal life problems.

Salary is becoming a sensitive topic in the industry.

The salary problem of financial practitioners has always been the "talk capital" of the people who eat melons. As soon as the above Code of Conduct came out, the issue of remuneration of brokerage professionals was once again pushed into the spotlight. Weibo Great V @ History made a comment in the city, "Don't slurp when eating meat. There are already detailed rules issued by brokers. Don't drive a car that costs more than 1 10,000 yuan, don't wear a watch that costs more than10.5 million yuan, and don't carry a bag that costs more than 50,000 yuan in your backpack. Don't pay wages and bonuses on all platforms. "

There are also comments pointing to the salary limit problem faced by the securities industry. "Participating in this feast has made it quite clear that executives of securities companies must limit their salaries."

In addition, some practitioners complain that they are being averaged-"It's like we have more than 6.5438+00,000 cars, more than 6.5438+05,000 watches, and more than 50,000 bags ... What is the delay in bonus payment now?" "The average wage hurts the bottom workers. There is a big gap between the top and grassroots workers in enterprises, but the wages in the industry have declined layer by layer."

The topic of brokerage compensation has attracted the attention of the regulatory authorities.

The salary of Xiao Hongshu, the former chief analyst, attracted attention. Later, a brokerage company issued a "code of conduct" asking employees to avoid showing off their wealth. The topic of securities practitioners' salary was rampant for some time.

Although the authenticity of the above-mentioned events has yet to be verified, the issue of compensation in the securities industry has attracted the attention of relevant departments. Earlier, the reporter learned that the China Securities Industry Association recently issued a notice to the brokers about the salary management system, requiring them to submit feedback before 1. 17. The notice mentioned that a sound and reasonable salary incentive mechanism is the necessary guarantee for the stable and healthy development of the company, and it is also an important basis for promoting the high-quality development of the industry and preventing and resolving financial risks. In order to understand the opinions and suggestions of the industry on improving the salary management system, we conducted research.

In addition, recently, the Securities Industry Association of China issued the "Practice Evaluation Method for Cultural Construction of Securities Companies (Trial) (Draft for Comment)", which also explicitly requires securities companies to establish long-term and short-term incentive mechanisms.

It is mentioned that the company should build a long-term incentive mechanism that pays equal attention to both incentives and constraints, long-term and short-term, and pay attention to the unity of effective incentives and accountability supervision. Including the establishment of scientific personnel assessment and reasonable salary management system, honest practice, compliance and honest practice, the integration of industry and corporate culture concepts into personnel assessment and salary management, and adherence to positive guidance and incentives and reverse disciplinary constraints. Establish a long-term and short-term incentive mechanism, and form a reasonable and effective long-term assessment system and income distribution mechanism by appropriately lengthening the performance appraisal cycle and delaying the salary.

In addition, it also involves deduction indicators. Salary incentive is too radical, which fails to reflect the requirements of establishing a long-term incentive mechanism. Deduct 1 point.

The agent asked employees to avoid showing off their wealth. 3 13, it is said that the "Code of Social Conduct for Employees of Fixed Income Financing Department (Trial Edition)" of the head brokerage firm has been screened in the circle!

It is mentioned that the fixed income financing department has issued a code of social conduct for departmental employees to avoid the negative impact of showing off wealth and high-profile behavior on the company and the whole industry. The general principle of the social code of conduct of the fixed income financing department is: within the scope of our work, our employees must pay attention to their words and deeds, and are not allowed to feel superior because of non-self factors such as family background, so as to be good professional bankers.

There are several specific guidelines:

1. Use of luxury goods: In the working environment (during working hours, on any occasion where customers are present), you must dress appropriately, and you are not allowed to drive luxury cars (1 10,000 or more), wear luxury watches (10.5 million or more) or use luxury bags (5

More than 10,000 yuan), and the use of other outdated and luxurious customized items.

Second, when using social software and social platforms (public media, including friends circle, Tik Tok, Little Red Book, etc.), it is not allowed to send screenshots or a specific amount of salary bonus. ), and do not post high-end luxury goods, high-end tourism, high-end restaurants and drinks on social platforms.

Third, we should take a responsible attitude towards personal life and seriously deal with personal life problems.

After the news came out, netizens talked about it.

The compensation problem in the securities industry has attracted the attention of relevant departments. Previously, on June 7, 65438, the relevant departments recently issued a notice on the investigation of the salary management system to brokers to understand the opinions and suggestions of the industry on improving the salary management system.

It is mentioned that the securities industry depends on the development of high-quality talents. A sound and reasonable salary incentive mechanism is the necessary guarantee for the stable and healthy development of the company, and it is also an important foundation for promoting the high-quality development of the industry and preventing the delay. In order to understand the opinions and suggestions of the industry on improving the salary management system and give full play to the self-discipline and guiding role of the association, a survey with the same volume is now carried out. Please carefully organize and put forward relevant opinions and suggestions according to the survey outline, and send them to the contact email before 2022 10/7: 00.

This notice was interpreted by the industry as a prelude to salary limit.

According to statistics, in 2020, the total salary expenses of CITIC Securities and CICC will exceed 654.38+0 billion yuan, and Huatai Securities, Guotai Junan, Guangfa Securities, Haitong Securities, China Merchants Securities, Shenwan Hongyuan, CITIC Jiantou, Galaxy Securities and orient securities will be in the forefront, with salary expenses exceeding 5 billion yuan.

However, the average salary may not reflect the real situation, and the salary of brokerage employees varies greatly due to different regions and ranks.

According to the previous prospectus of a head broker, the company's average annual salary in 20 19 was 823,200 yuan. Specifically, the average salary level of CICC managers is 3,759,700 yuan/year. In functional departments, the average salary of middle-level personnel is 760,800 yuan/year, and the average salary of employees is 2610.5 million yuan/year; The middle-level staff in the business department is 839,400 yuan/year, and the employees are 244,800 yuan/year. Like the general situation in the securities industry, it is also obvious that the salary of employees is "averaged".

In addition, brokers selected the "financial industry-capital market service" industry in Beijing as the local average wage level for comparison. Still taking 20 19 as an example, the average salary of this brokerage firm is 823,200 yuan/year, and the local average salary is 362,800 yuan/year.

In this regard, the brokerage said that its average salary is higher than that of Beijing's financial industry, mainly because the company provides competitive salary standards in order to maintain the stability of employees and continuously attract outstanding talents. In addition, the company's international business is widely distributed, the degree of internationalization is high, and the proportion of overseas employees is relatively high, which leads to the comparability between the overall salary level of the company and the average salary in Beijing.