You can't believe this because these data are from authoritative sources.
With the release of the 20 19 annual financial report of listed car companies, the annual salary of car company executives and the company's salary expenses are all made public.
In the difficult year of 20 19, the annual salary of executives of these car companies increased by nearly 3 million against the trend, and some even decreased by 4.6 million. Both executive compensation and average annual salary of employees have changed.
The best is BYD, with the top 20 executives occupying 13 seats, and 7 of the top 10 seats are from BYD. The best-selling car Geely Automobile, the executive income is far less than BYD and Great Wall.
In addition, surprisingly, as far as the average salary of employees is concerned, the highest is not the star of private car companies such as BYD and Geely, nor the giant SAIC, but BAIC.
BYD Haoheng dominates the high salary list.
Executive compensation has always been a hot topic.
In 20 19, the automobile market in China dropped by 8.2%, the market share of independent brands fell below 40%, and the sales of most independent automobile enterprises dropped sharply. Did all the senior executives do it?
The answer is none.
According to the annual report of listed car companies, the salary of nearly 400 car company executives is counted by one-word comment, of which 1 13. Judging from the situation of 87 executives with an annual salary of more than one million, only 30 have their salaries reduced and 48 have their salaries increased. It can be seen that although car companies are frugal for the winter, only a few car companies have moved their knives on executive compensation.
Data Source Annual Report of Listed Companies
Among many car companies, BYD stands out, occupying 7 seats in the top 10 of car company executives' income rankings.
Among the 87 executives with an annual salary of over one million, BYD has 16 seats, which is not too many, but surprisingly, all these 16 BYD executives are in the top 25. It can be seen that BYD's executive compensation is far ahead of domestic car companies, while Geely, Great Wall, SAIC and Changan are far behind.
However, the highest income is not the head of BYD, but the vice president Lian Yubo. The annual salary of 20 19 was10.56 million yuan, an increase of 2.99 million yuan over the previous year. Wang Chuanfu only ranked 1 1, with an annual salary of 5.43 million yuan, a decrease of 1.9 million yuan over the previous year.
Surprisingly, Li Shufu, the most famous head of Geely, has an annual salary of only 359,000 yuan, 8,000 yuan lower than the previous year. An Conghui, president of Geely Automobile, has an annual salary of only 0.9 million yuan, a decrease of 248,000 yuan.
It is also a well-known private car company. Why is the gap so big?
According to the data, BYD's main business is not only vehicle and power battery, but also mobile phone parts and assembly business, and even urban rail transit business. Among them, the turnover of automobiles and related products only accounts for nearly half of the total turnover, and mobile phone parts and assembly services account for 43%. This may be one reason why BYD's executive pay is so high.
(BYD 20 19 Turnover of Different Sectors)
It should be pointed out that BYD had a hard time last year. Due to the decrease of automobile sales by 65,438+065,438+0.4% in 2065,438+09 and the decrease of subsidies for new energy vehicles, its net profit decreased by 42% last year to only 65,438+066,5438+0400 yuan, while the salary expenditure of 24 senior executives of the company reached 855,555 yuan.
Due to the sharp drop in the company's income, the salary of BYD executives also fell the most. BYD is in the top three in the salary reduction list. Among them, Wu Jingsheng, vice president and chief financial officer, reduced his salary by 4.6 million yuan, Wang Chuanfu, chairman, reduced his salary by 6.5438+0.9 million yuan, and Lv Xiangyang, vice chairman, reduced his salary by 6.5438+0.8 million yuan.
Pay gap between private enterprises and state-owned enterprise executives.
Similar to other industries, the income of automobile private enterprises and state-owned enterprises is very different.
The top 20 executives in the 20 19 annual salary ranking are all from private enterprises except the second one from state-owned enterprises (Wu, Chairman of the Board of Directors of Brilliance China). Among them, BYD 13 seats, Great Wall 4 seats and Geely 2 seats. Wei Jianjun and Wang Fengying of the Great Wall ranked 9th and 15 with 5,745,200 and 5,565,438+0.65438 respectively.
Compared with central enterprises, local state-owned enterprises are much inferior, especially central enterprises. It can be said that the higher the administrative level, the lower the executive pay.
SAIC Motor, a domestic auto giant, has the highest annual salary of 2,770,600 yuan (Vice President Wang Xiaoqiu); Guangzhou Automobile Group's annual salary is as high as 2.07 million yuan (general manager Feng Xingya); The maximum amount of Foton Motor is 6.5438+0.822 million yuan.
Among the three central enterprises, Dongfeng Group has the highest annual salary of1969,000 yuan (Chairman He Wei), and Party Secretary Zhu Yanfeng has an annual salary of only 937,000 yuan; The highest annual salary of FAW Department 128. 1 1 ten thousand yuan (Liu Changqing, director and general manager of FAW Car); The annual salary of Zhu Huarong, secretary of the Party Committee of Changan Automobile, is less than100000 yuan, only 836,300 yuan.
The average salary of BAIC employees is the highest.
After reading the executive compensation, which car company has the highest average salary?
This answer is beyond everyone's expectation-not BYD, Geely, Great Wall, SAIC or GAC, but BAIC.
BAIC Blue Valley employees topped the list with an average annual salary of 305,800 yuan, down 3.22% from last year. The second place is still from BAIC, BAIC, with an average annual salary of 237,000 yuan.
Among the 22 listed car companies, the average annual income of employees in 3 car companies exceeds 200,000 yuan. Except the above-mentioned Beiqi Blue Valley, Beijing Automobile and FAW Car, it is 2 1. 1.9 million yuan.
There are10.2 million yuan and less than 200,000 yuan in annual salary, among which Dongfeng, Chang 'an, SAIC, Geely, Great Wall, Jianghuai and Haima are among them.
It is shocking that the average salary of employees of BYD, Guangzhou Automobile Group and Dongfeng Group in 20 19 was less than 65,438+10,000 yuan, which was lower than that of Haima and Jiangling.
In addition, although the auto market opened southward in 20 19, the salary of employees of most listed auto companies increased compared with the previous year, and the average salary of employees of only six auto companies decreased.
The automobile industry has entered the era of competition in the stock market. Driven by the wave of electrification, the R&D expenditure of electric vehicles of automobile enterprises has increased significantly. Since employees' wages have not been reduced, how can auto companies reduce costs?
The answer is layoffs.
Among the 22 listed car companies, 14 had a small number of employees last year, ranging from nearly 10,000 to hundreds. For example, the number of employees of Geely Automobile has decreased by more than 9,000, and only six companies have increased their employees.
Are you surprised to see the executive compensation and average employee compensation of domestic listed car companies?
This article comes from car home, the author of the car manufacturer, and does not represent car home's position.