Compensation white paper for the first half of 2021 From Smart salary

The following is the Compensation white paper for the first half of 2021 From Smart salary recommended by recordtrend.com. And this article belongs to the classification: research report, Online recruitment.

After the “baptism” of the epidemic situation, the market has undergone tremendous changes. Some industries are unprecedentedly prosperous. Naturally, some industries are withering at the speed of light. Therefore, 2021 can be called the year of “survival”.

In 2020, many companies have realized the importance of human resource cost control. In the face of sudden income crisis, human resource cost out of control is too terrible.

How to control the cost of human resources, how to establish a reasonable salary level, is the number one problem of HR. At this time, the best way is to look around the industry to see how the same industry is coping with the trend of the industry and make the most correct decision.

To this end, we present the white paper on market compensation in the first half of 2021 and make a professional interpretation of the compensation data of various industries

1、   Internet industry

The Internet industry is one of the few industries not affected by the epidemic, and even e-commerce, social platform, live broadcast and other fields have ushered in high-speed growth. In the third and fourth quarters of 2020, the salary increase rate will reach 13.52% and 12.42%. After the epidemic is slightly controlled, the Internet industry has ushered in a wave of people grabbing, and the market salary level will rise. However, after several months of washing up, many speculative companies have been defeated in the competition. We can see that the market salary data in the first and second quarters of this year began to fall back to 10.56% and 9.71%, returning to the average level of 2019.

Salary data of Internet industry in the first half of 2021

The salary increase rate of job hopping in the first tier cities also dropped to about 35%. Officially announced the end of the impact of the epidemic on the Internet, everything back to normal.

This wave of ups and downs, in a very short period of time, has experienced the industry crisis, the emergence of new outlets, the crazy scramble for people, the reshuffle of the industry, and the return to normal. A big play proves once again that only when the tide fades can we know who is swimming naked. It’s wonderful. It’s lucky to see it once. But I still hope that the crisis like the epidemic will not happen again.

2、   Education industry

Compared with the “one-man show” of other industries, the education industry is simply a double leading role model, and the situation of the two leading roles can be described as a paradise and a hell. The two protagonists are online education, online education and offline education.

The impact of the epidemic on offline education can be regarded as a fatal one. It can’t fight back in an instant. In addition, the state’s crackdown on extra-curricular training is very strong,   In the four quarters of 2020, the salary increase rate instantly dropped from the average of 15% in 2019 to 3.19%, 2.23%, 4.10% and 6.77%. Offline education ushered in a dark moment. At the same time, the online education sector, an instant burst. The original shortcomings of no learning atmosphere, low efficiency, lack of professionalism and so on, which were despised by everyone, have all become “true fragrance”. So people often say that there is no bad model, only the right application scenario. The outbreak of this round is too sudden, the market related talent reserve is very insufficient, and the competition for talents makes the salary increase rate of online education reach 15.14%, 20.85%, 19.67% and 18.32% in 2020.

With the gradual decline of the impact of the epidemic, the offline education market began to pick up. The state strictly controlled extracurricular training, and everyone began to transform their interest in training. With the promotion of parents and children, sports, music and art training began to break out. In the first and second quarters of 2021, the market salary increase rate also returned to 11.67% and 9.59%. Although it did not return to the average level of 2019, the momentum has returned. There will always be bread and everything will be there. Online education, on the other hand, can be described as “chicken feather in one place”. After a reshuffle, the industry has gradually returned to rationality. In the second quarter of 2021, the salary increase rate has also returned to 15.11%.

However, it’s still too early to say that the education industry has completely returned to rationality. The salary increase rate of job hopping in Beijing, Shanghai and Shenzhen is still as high as 50%. This is still very abnormal data. I hope that online education can take advantage of the opportunity to flourish instead of “being trapped in a cocoon”.

3、   Medical and pharmaceutical industry

When the epidemic comes, the medical and pharmaceutical industries let us see: what is the most important thing in the country（ Tactical tilt back). First of all, I would like to express my highest respect to the front-line medical staff and the front-line staff of vaccine research and development during the epidemic period. I feel that the discussion on salary increase really belittles everyone’s contribution.

But after all, we have to look at the market data to interpret the data. In the first and second quarters of 2021, the salary increase rate reached 19.54% and 16.32%. This data shows that the popularity of the pharmaceutical industry has not yet faded, and it can be proved that the salary increase rate from job hopping north to Shenzhen exceeds 40%.

From a calm point of view, the gap between the current domestic industry level and that of developed countries is still very obvious. From the current national policies, it is inevitable to vigorously develop the domestic medical and pharmaceutical industry in the next few years or more. Therefore, I believe that for a long time in the future, the salary of the pharmaceutical industry will continue to grow.

4、   Financial industry

The “amplitude” of the financial industry during the epidemic period was the largest of all industries, not one of them. From the beginning of the epidemic, there was a huge drop and a howl; To the back of the countries after the introduction of rescue measures, the surge, how crazy.

It can be seen from the market salary data that this craziness is not over. In the first and second quarters of 2021, the salary increase rate reached 11.58% and 12.46%, and the average job hopping rate in the first tier cities even reached 40%. I believe that as long as the country’s financial policy is not tightened, the data of the financial industry will not fall for the time being.

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