Industry change · Updated 18 September 2026 · 7 min read
Industries Where Employee Compensation Fell in 2025
Industry declines are measured on a matched-company basis between 2024 and 2025. This reduces the distortion that would arise if the set of companies changed between the two years.
Quick answer
None of the 11 broad industries had a lower matched-company median in 2025.
Industries declining
0
Median year over year
Industries analysed
12
Broad classifications
Comparison
Matched sample
Values in both years
Industry medians and individual pay
A lower industry median does not mean that every company or employee in that industry received less pay. Company-level directions and workforce composition can differ.
Change across all industries, 2024 to 2025
| Industry | Matched companies | 2024 | 2025 | Change |
|---|---|---|---|---|
| Financials | 69 | CN¥423,135 | CN¥428,330 | +1.2% |
| Real Estate | 100 | CN¥233,822 | CN¥238,920 | +2.2% |
| Information Technology | 761 | CN¥196,207 | CN¥201,061 | +2.5% |
| Consumer Staples | 266 | CN¥142,852 | CN¥146,522 | +2.6% |
| Energy | 72 | CN¥206,787 | CN¥213,005 | +3.0% |
| Communication Services | 279 | CN¥222,274 | CN¥229,405 | +3.2% |
| Industrials | 1,615 | CN¥177,879 | CN¥184,460 | +3.7% |
| Consumer Discretionary | 670 | CN¥139,043 | CN¥144,399 | +3.9% |
| Materials | 698 | CN¥148,333 | CN¥154,092 | +3.9% |
| Utilities | 153 | CN¥226,545 | CN¥235,460 | +3.9% |
| Health Care | 476 | CN¥172,042 | CN¥179,141 | +4.1% |
| Securities Brokerages | 50 | CN¥471,960 | CN¥528,500 | +12.0% |
Methodology and limitations
- Average compensation is derived from company-reported employee and compensation figures. It is not the salary received by every employee and does not describe individual pay.
- We use the median to reduce the effect of unusually large observations and show the mean as a separate comparison.
- Missing values are excluded. Year-to-year comparisons include only companies with data in both periods.
- This article is factual data analysis. It is not investment advice, a stock recommendation, or an asset-management service.