> 8. Am I correct to assume those Salaries exclude any Stock grant? Which is common in US?
The listed salaries should exclude stock options, healthcare, 401k matching, et al. It would be very unusual to have a compensation component in a survey of this sort and include those items.
> 10. Financial and banking - 8.9%, are the third in respondent's industry. I am a little surprise how many people are working in that field.
It's actively being trimmed down these days[1], however consider someone like Goldman Sachs: 36,000 employees with about $36 billion in sales. A sizable employee base for their sales; $1m in sales per employee isn't too bloated of course. Citigroup has $65b in sales, with 200,000 employees, $307k per employee. JP Morgan does $104b in sales with 256,000 employees, $406k per employee. I wouldn't be surprised if the banker to tech employee ratio increases persistently (in favor of tech workers) at financial firms for the next two decades or so.
Visa is king at being slim however. It recently became worth more ($346 billion market cap) than any bank around the world, including all the US majors. $20b in sales, $10b in profit, with just 17,000 employees (the profit to employee ratio is particularly wild). Facebook approximately matches Visa on the profit to employee ratio (slight advantage).
The listed salaries should exclude stock options, healthcare, 401k matching, et al. It would be very unusual to have a compensation component in a survey of this sort and include those items.
> 10. Financial and banking - 8.9%, are the third in respondent's industry. I am a little surprise how many people are working in that field.
It's actively being trimmed down these days[1], however consider someone like Goldman Sachs: 36,000 employees with about $36 billion in sales. A sizable employee base for their sales; $1m in sales per employee isn't too bloated of course. Citigroup has $65b in sales, with 200,000 employees, $307k per employee. JP Morgan does $104b in sales with 256,000 employees, $406k per employee. I wouldn't be surprised if the banker to tech employee ratio increases persistently (in favor of tech workers) at financial firms for the next two decades or so.
Visa is king at being slim however. It recently became worth more ($346 billion market cap) than any bank around the world, including all the US majors. $20b in sales, $10b in profit, with just 17,000 employees (the profit to employee ratio is particularly wild). Facebook approximately matches Visa on the profit to employee ratio (slight advantage).
[1] https://www.bloomberg.com/opinion/articles/2019-04-09/societ...