<script> window.googletag = window.googletag || {cmd: []}; googletag.cmd.push(function() { googletag.defineSlot('/22872161438,22970344117/yondersync.com_1219_vj_300x250_1', [300, 250], 'div-gpt-ad-1702972200188-0').addService(googletag.pubads()); googletag.pubads().enableSingleRequest(); googletag.pubads().collapseEmptyDivs(); googletag.enableServices(); }); </script> <script> window.googletag = window.googletag || {cmd: []}; googletag.cmd.push(function() { googletag.defineSlot('/22872161438,22970344117/yondersync.com_1219_vj_320x50_1', [320, 50], 'div-gpt-ad-1702972240028-0').addService(googletag.pubads()); googletag.pubads().enableSingleRequest(); googletag.pubads().collapseEmptyDivs(); googletag.enableServices(); }); </script>

Why are securities companies always hiring?

advertisement
<div id='div-gpt-ad-1702972200188-0' style='min-height: 300px;'> <script> googletag.cmd.push(function() { googletag.display('div-gpt-ad-1702972200188-0'); }); </script> </div>

The Securities Industry Institute Program Goes Virtual - Wharton

The financial industry is a highly mobile industry. On average, employees who work in a company for more than 2 years are considered senior employees, employees who work for more than 5 years can be awarded employee contribution awards, and employees who work for more than 10 years are considered super senior employees. On average, employees who work in a company for more than 2 years are considered senior employees, employees who work for more than 5 years can be awarded employee contribution awards, and employees who work for more than 10 years are considered super senior employees. Therefore, we cannot view the financial industry with the mentality of eating an iron rice bowl for life like those in state-owned enterprises. The financial industry is one of the most thoroughly market-oriented industries, so under the highly market-oriented situation, talent flow is normal. Rather than asking why companies are always hiring, we should ask why people are always job-hopping. 

3 Types of Securities Investments Explained

 Thus, the first point is that the liquidity of the financial industry is very strong, securities, brokerage, banking, insurance are. This seems to be particularly serious for brokerage in recent years, serious inverted wages have appeared, the salary of fresh graduates is actually equal to that of as so who has worked for two or three years, what is this strange phenomenon. One of the reasons is that the company through this cash inverted wages to squeeze out the employees who can not be promoted. Compared with new employees, the salary cost of old employees is much higher (not necessarily older, but also longer). Instead of raising so many middle-level employees, it is better to let the young employees with strong physical strength take the top, which also reflects the so-called 30 crisis indirectly. This kind of inverted wages produces imbalance in the heart, which eventually evolves into job-hopping. Someone will always leave, and someone will always be hired to fill the vacancy, so you can see that recruitment has been early. 

9e8b7135b2f95f432f8018a97eb432d1

Secondly, job-hopping can raise wages. There is a very strange phenomenon in the USA. If the same person gets promoted and raised in the same company, the first is that the speed of promotion may be very slow, there will be regular delays, and the second is that the speed of wage increase is very slow, maybe 10% wage increase, but job-hopping is different, now the average wage increase can reach 30%, so only jump can raise wages.

Moreover, the probation period can not be avoided. Many times, we will see many employees with a halo to the team. They ask for a high salary from HR, in fact, they are also pressed by HR there high KPI, probation period of six months, six months of KPI can not be completed, complete you stay, finish not to finish the achievement of the devil. Therefore, sometimes this is a huge gamble. Therefore, the financial practitioners in Central may change their jobs every six months. Many people will ask, will such frequent job-hopping be very tired, or will not be able to find a job? In fact, HR knows. For the job changer, although the probation period has not passed, but the salary during the probation period meets his needs, many times higher than the original salary, even if it is opened, the expense of a year is earned, it does not matter. For the next home, everyone knows, so it does not affect the next home's HR to judge and screen the candidates.

Thus, the financial industry because of marketization, high salary, high pressure, derived from the high liquidity problem, job-hopping is sometimes a choice of necessity, but also caused a vicious circle, you have no way to deep plough an industry, the short-term problems of the financial industry is very serious. But no matter how, for individuals, armed themselves, let themselves become strong not to be eliminated by the industry, is the most important.

<div id='div-gpt-ad-1702972240028-0' style='min-height: 50px;'> <script> googletag.cmd.push(function() { googletag.display('div-gpt-ad-1702972240028-0'); }); </script> </div>