42家上市券商上半年合赚1040亿元，36家券商薪酬总额回升

Core Viewpoint - The overall compensation level in the A-share brokerage industry has significantly increased, with total compensation exceeding 90 billion yuan and a year-on-year growth of 28.34% [1][2][10] Compensation Overview - The total compensation for 42 directly listed brokerages reached 917.61 billion yuan, up from 715 billion yuan in the same period last year, marking an increase of 202.61 billion yuan [2][4] - Over 80% of brokerages reported an increase in total compensation, with 36 out of 42 brokerages showing positive growth [4][10] Individual Brokerage Performance - CITIC Securities led the industry with a total compensation of 111.23 billion yuan, marking a recovery from a decline in the previous year [4][5] - Guotai Junan Securities followed with 88.05 billion yuan, while China International Capital Corporation and Huatai Securities exceeded 50 billion yuan [4][5] - Notably, Guolian Minsheng Securities saw a dramatic increase of 384.73% in total compensation due to the consolidation of new subsidiaries [5] Average Compensation - The average compensation for employees in the brokerage sector also saw significant growth, with nine out of twenty brokerages reporting increases [7][9] - CITIC Securities had the highest average employee compensation at 426,400 yuan, a 13.4% increase from the previous year [8][9] Market Conditions and Performance - The growth in compensation is attributed to the recovery of the capital market, with all major indices showing positive performance in the first half of the year [10][11] - The total operating income for the 42 brokerages reached 2,518.66 billion yuan, a year-on-year increase of 11.37%, with net profit rising by 65.09% [10] Compensation Management Systems - Brokerages are increasingly adopting flexible compensation management systems to enhance competitiveness and attract talent [11][12] - Companies like Guoyuan Securities and Dongfang Securities have implemented performance-oriented compensation structures to align with market standards [12][13] - The trend indicates a shift towards more transparent and equitable compensation frameworks, which are essential for long-term talent retention and organizational stability [14][15]