The wave of salary cuts in central state owned enterprises is particularly fierce

Mondo Finance Updated on 2024-01-29

Since the beginning of this year, many people have cut their salaries. Especially in the central state-owned enterprises, the situation is far more severe than many people think, and some are even more ferocious than private enterprises. Recently, I have received many messages complaining about the salary cut and wage arrears of the central state-owned enterprises where they work.

Truth be told, this is a situation that many people don't expect.

After all, most people have the impression that central state-owned enterprises are known for their stability.

The reason why many people choose to reduce their salaries to work in central state-owned enterprises is to obtain an iron job bowl that guarantees income in drought and flood, but judging from the current situation, some central state-owned enterprises are becoming more and more unreliable.

To sum up, this round of "wage cuts in central state-owned enterprises" has three main characteristics.

First, construction-related industries are bearing the brunt.

Recently, many companies have taken wage cuts to cope with economic pressures, but the most vicious of them is the construction-related industry.

One of the main reasons why this year's situation is so severe is that it has been affected by the decline in the real estate sector. Now that major real estate companies have financial problems one after another, the life of the related engineering construction units is naturally not good.

Taking Evergrande as an example, the former real estate giant now owes 979.2 billion yuan to ** merchants and service providers, which makes people imagine how difficult it will be for these ** merchants and service providers.

As the main force of infrastructure construction and housing construction, the central state-owned enterprises used to be a popular major, but now, whether it is a design company or a construction company, they are experiencing a sharp salary cut and salary arrears.

Many units only offer a basic salary, have no business to do, and generally do not make money from the new projects they receive, and the main task has become to collect the previous arrears.

In the long run, with the major shift in the real estate industry, the construction industry has also begun to experience a transition from high-speed and large-scale development to fine and high-quality development.

It's going to be a tough process, and it's hard to say exactly how it will be, but it's certainly not going to be as profitable as it used to be. Therefore, it may be a relatively long-term thing to cut wages and live a hard life.

In this transitional period, construction companies need to actively adjust their mindset and look for new development models and opportunities. At the same time, ** and society also need to give some support and attention to help the construction industry tide over the difficulties.

Only in this way can we ensure the long-term and stable development of the construction industry and make greater contributions to the country's economic development.

Second, frontline workers are victims of wage cuts.

Compared with private enterprises, one of the characteristics of central state-owned enterprises is the serious imbalance in the distribution of resources.

In central state-owned enterprises, management is often able to receive higher salaries and benefits by virtue of its position in the enterprise, while front-line workers generally receive lower wages despite paying more.

Nowadays, due to the poor overall efficiency of the enterprise and the reduction of labor costs, the life of central state-owned enterprises has become difficult.

Many companies have chosen to prioritize ensuring that management's income is not affected, because the company's decision-making and salary distribution are made by management.

As a result, front-line workers have naturally become victims of this round of salary cuts. Judging from the current situation, the groups with the largest salary cuts in major enterprises are grassroots employees.

Leaders often say that if they feel that their income is too low, they can quit at any time.

However, in reality, it is impossible to leave a job, after all, it is not easy to find a job now. No matter how much the central state-owned enterprises cut their salaries, they will not easily lay off employees, and many grassroots employees choose to insist. But as efficiency declines, work is becoming more trivial and stressful.

Therefore, we have seen that among the employees of central state-owned enterprises who are living a hard life, especially the older grassroots employees.

Third, the monopoly industry has become as stable as Mount Tai.

As mentioned earlier, wage cuts in central state-owned enterprises are not a common phenomenon.

At present, the operation of monopoly state-owned enterprises such as tobacco, electric power, railways, petroleum, Moutai, aviation, high-speed, medical, energy, military industry, and natural gas is still good, and has not been significantly affected by the economic situation, and its employee salaries are also increasing year by year.

Recently, when we talked to the leader of a local railway system, he mentioned that he felt that the economic situation was not bad, because their unit has been paying significantly in recent years.

This reality makes people sigh that different worlds have different circumstances. These monopolistic state-owned enterprises are almost not affected by the economic situation, even if they have been in a stable state of loss, but because of the particularity and importance of their industry, employee compensation and benefits are not linked to the efficiency of the enterprise. This is really an iron rice bowl, even more stable than the work within the system.

However, the connection between these enterprises and these jobs and ordinary people is gradually decreasing.

In these enterprises, the saying "three generations of xx people" is now popular. This has even been publicized as an advanced model.

So, unless you're good enough, you can count three generations and look at your family background to know if you're going to get into these businesses.

In general, under the counter-cyclical situation, salary cuts and layoffs are inevitable. Central state-owned enterprises are no exception. For ordinary people, the only thing they can rely on is themselves.

So, let's try to find our way in this uncertain world and build a solid foundation for our future.

The argument of striving to improve one's personal strength and mastering core skills is no longer obsolete at any time, but on the contrary, it is increasingly unreliable to rely on a job within the system to seek stability.

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