Zero Year-End Bonus, Regular Pay Under $600/M, Bleak Chinese Banking Sees 100,000 Leave Last Year

I said before that the income of bank employees is lower than service staff. I have been proven right. Employees of a certain bank in Shanghai have witnessed a drastic reduction in their salaries, plummeting from the range of twenty to thirty thousand yuan to a mere 6000 yuan. This significant decrease raises questions about livelihoods, with the monthly wage barely covering basic expenses such as rent, food, and utilities. Contrary to popular belief, the banking sector is notorious for its demanding work hours, dispelling the notion of a typical nine-to-five schedule. The expectation of round-the-clock availability for customer service adds to the strain. In contrast, service staff enjoy more predictable work hours and often benefit from accommodations such as meals and lodging.
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