Industry Investment Rating - The report does not explicitly provide an overall industry investment rating [1][2][3] Core Views - The job market in Q1 2024 shows a slight decrease in competition pressure with a talent supply-demand ratio of 1 94 compared to 2 05 in Q1 2023 [4][5] - Average salaries in the new economy sector decreased slightly to 42 385 yuan in Q1 2024 from 43 859 yuan in Q1 2023 [4][5] - The talent competition intensity in the pure internet sector decreased significantly while the new energy vehicle sector saw a rise in talent scarcity [6][7] - Workplace stability remains high with 44 52% of employees choosing to stay in their current jobs while the job-hopping rate increased slightly to 25 75% [8][9] - Income trends among employees are polarized with 32 4% reporting income increases and 35 88% reporting decreases primarily due to changes in bonuses and monthly salaries [11][12] - Nearly 25% of employees can sustain themselves for over 3 years without working with foreign enterprise employees being the most financially secure [14][15] - Over 30% of employees desire immediate retirement with younger employees showing a stronger inclination towards early retirement [17][18] - Nearly 40% of employees believe they need savings of 5-10 million yuan to retire with higher-income individuals having higher retirement savings expectations [20][21] - Employees are prioritizing side hustles and high salaries as strategies for early retirement with 15 87% already earning from side hustles [23][24] High-Salary Opportunities - Beijing leads in average salaries among first-tier cities at 47 538 yuan followed closely by Shanghai at 47 514 yuan [26][27] - The smart hardware sector continues to lead in high salaries with an average monthly salary of 43 306 yuan followed by new financial technology at 43 198 yuan [28][29] - ChatGPT researchers top the high-salary positions with an average salary of 64 074 yuan followed by digital front-end engineers at 62 579 yuan [31][32] - The AI and new energy vehicle sectors are aggressively recruiting technical talent with competitive salaries [35][36] - New financial technology leads in salaries for non-technical roles such as operations and HR with AI companies offering higher salaries for HR positions [39][40] - Employees in large companies are more likely to see income increases with 51 06% of foreign enterprise employees reporting income growth [41][42] - Over 47% of marketing and sales professionals reported income decreases while over 42% of mid-to-senior managers saw income increases [44][45] - ByteDance Amazon and DJI top the list of high-salary companies with average salaries exceeding 50 000 yuan [46][47] - AI companies like SenseTime saw significant salary increases with SenseTime leading at a 12 799 yuan rise in average salaries [47][48] Challenges for Older Employees - Employees aged 36-45 face higher risks of layoffs with 20 41% being unemployed or laid off [51][52] - Beijing has the highest median age for new economy talent at 34 2 years compared to other first-tier cities [52][53] - Industries like electronics new energy vehicles and communications are more age-friendly with median employee ages above 33 years [53][54] - Companies like Foxconn have the highest median employee age at 36 3 years while Pinduoduo has the lowest at 29 6 years [56][57] - Engineering and backend roles are more age-friendly with positions like architects and Java developers in high demand [59][60] - Recommendation algorithm roles offer the highest salaries for employees over 35 with an average salary of 62 923 yuan [63][64] Industry Trends and Insights - The report highlights the importance of talent in driving company growth with companies like SHEIN and OPPO emphasizing talent development and internal mobility [64][65][66] - The career development journey is increasingly challenging with a focus on building clear career value signals and maintaining learning capabilities [68][69][70] - The report emphasizes the importance of professional networks and continuous skill development in navigating the evolving job market [70][71]
2024春招高薪职业和人才洞察
脉脉·2024-05-23 07:30