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Long-term trend · Updated 18 September 2026 · 9 min read

Ten-Year Employee Compensation Growth by Industry

The ten-year comparison includes only companies with values in both 2015 and 2025. It measures how the median changed within the same-company sample for each industry.

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Quick answer

3,940 companies enter the ten-year comparison. Diversified Financials had the highest median compound annual growth at +11.0%.

Matched companies

3,940

Values in 2015 and 2025

Industries

56

Source classifications

Period

2015–2025

Ten-year CAGR

What affects a ten-year comparison

Over a decade, companies can change business mix, acquire operations, alter workforce composition and revise reporting practices. CAGR summarizes the pace of change but does not explain its cause.

Employee compensation growth by industry, 2015 to 2025

RankIndustryCompanies20152025Total changeCAGR
1Diversified Financials23CN¥170,223CN¥484,256+184.5%+11.0%
2Internet Services75CN¥115,478CN¥288,686+150.0%+9.6%
3Aviation32CN¥100,980CN¥241,194+138.9%+9.1%
4Electric Utilities78CN¥146,238CN¥314,235+114.9%+7.9%
5Construction Machinery24CN¥106,215CN¥223,451+110.4%+7.7%
6Telecom Operators3CN¥170,062CN¥353,154+107.7%+7.6%
7Coal31CN¥90,588CN¥186,749+106.2%+7.5%
8Paper26CN¥70,965CN¥143,563+102.3%+7.3%
9Education, Culture & Leisure40CN¥87,718CN¥176,346+101.0%+7.2%
10Electrical Instruments57CN¥101,137CN¥201,883+99.6%+7.2%
11Transportation Equipment32CN¥93,373CN¥184,628+97.7%+7.1%
12Nonferrous Metals113CN¥83,671CN¥164,955+97.1%+7.0%
13Shipbuilding11CN¥111,744CN¥219,227+96.2%+7.0%
14Electrical Equipment226CN¥86,505CN¥168,683+95.0%+6.9%
15Oil & Gas37CN¥115,190CN¥224,371+94.8%+6.9%
16Building Materials64CN¥83,029CN¥161,555+94.6%+6.9%
17Semiconductors77CN¥112,162CN¥217,274+93.7%+6.8%
18Health Care Services106CN¥96,684CN¥186,871+93.3%+6.8%
19Public Transportation7CN¥58,641CN¥112,912+92.5%+6.8%
20Advertising & Packaging47CN¥85,019CN¥163,691+92.5%+6.8%
21Industrial Machinery202CN¥94,043CN¥181,033+92.5%+6.8%
22Hotels & Restaurants9CN¥73,187CN¥140,744+92.3%+6.8%
23Steel51CN¥87,921CN¥168,904+92.1%+6.7%
24Insurance5CN¥168,826CN¥323,930+91.9%+6.7%
25Conglomerates19CN¥93,700CN¥179,076+91.1%+6.7%
26Pharmaceuticals209CN¥84,124CN¥160,712+91.0%+6.7%
27General Machinery88CN¥80,800CN¥153,944+90.5%+6.7%
28Agriculture, Forestry, Livestock & Fisheries81CN¥75,999CN¥144,643+90.3%+6.6%
29Food & Beverages89CN¥73,753CN¥139,184+88.7%+6.6%
30Electronic Components179CN¥79,259CN¥149,507+88.6%+6.6%
31Mineral Products22CN¥71,419CN¥134,633+88.5%+6.5%
32IT Hardware56CN¥114,918CN¥215,346+87.4%+6.5%
33Media & Entertainment56CN¥121,393CN¥227,148+87.1%+6.5%
34Communications Equipment102CN¥102,675CN¥190,160+85.2%+6.4%
35Gas & Heating Utilities34CN¥98,376CN¥181,309+84.3%+6.3%
36Transportation Services31CN¥189,662CN¥347,422+83.2%+6.2%
37Chemical Fibers24CN¥76,646CN¥138,902+81.2%+6.1%
38Household Products45CN¥78,646CN¥142,409+81.1%+6.1%
39Home Appliances67CN¥79,183CN¥142,960+80.5%+6.1%
40Automobiles210CN¥84,063CN¥151,084+79.7%+6.0%
41Chemicals315CN¥84,804CN¥152,325+79.6%+6.0%
42Alcoholic Beverages35CN¥93,937CN¥167,843+78.7%+6.0%
43Environmental Services88CN¥97,635CN¥173,481+77.7%+5.9%
44Retail Chains95CN¥85,828CN¥149,839+74.6%+5.7%
45Transportation Infrastructure39CN¥135,815CN¥236,476+74.1%+5.7%
46Textiles & Apparel83CN¥71,403CN¥123,274+72.6%+5.6%
47Software & IT Services200CN¥126,168CN¥217,682+72.5%+5.6%
48Construction117CN¥137,431CN¥235,486+71.3%+5.5%
49Tourism25CN¥93,076CN¥150,628+61.8%+4.9%
50Trading & Distribution14CN¥143,440CN¥226,145+57.7%+4.7%
51Warehousing & Logistics37CN¥112,377CN¥173,160+54.1%+4.4%
52Water Utilities13CN¥122,214CN¥184,552+51.0%+4.2%
53Personal & Household Chemicals10CN¥95,315CN¥138,708+45.5%+3.8%
54Real Estate93CN¥161,457CN¥229,625+42.2%+3.6%
55Banks40CN¥351,801CN¥437,561+24.4%+2.2%
56Securities48CN¥614,754CN¥533,722-13.2%-1.4%

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.

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