Recently, China Mobile, China Telecom, and China Unicom, the three major operators, have successively disclosed the compensation of corporate executives in 2022, which has increased to a certain extent compared with 2021.Those with the highest annual salary at China Mobile were Chairman and Party Secretary Yang Jie and then General Manager, Director and Deputy Party Secretary Dong Xin, both earning 947,600 yuan.

In the second bracket, Li Huidi, deputy general manager and chief cybersecurity officer, and Gao Tongqing, deputy general manager, general counsel, and chief compliance officer, both have annual salaries of 852,900 yuan.

The annual salary of the remaining senior executives ranges from a low of 320,300 yuan to a high of 850,500 yuan.

The person with the highest annual salary at China Telecom is Ke Ruiwen, Chairman and Party Secretary, with an annual salary of 907,800 yuan.

Followed by Fu Yongzhong, leader of the disciplinary inspection and supervision team, with 813,400 yuan, and then two deputy general managers Tang Ke and Xia Bing, both with 807,900 yuan.

The annual salary of the remaining senior executives ranges from a low of 336,700 yuan to a high of 673,200 yuan.

The highest annual salary of China Unicom is Liu Liehong, the then Chairman and Party Secretary, and Chen Zhongyue, the current Chairman and Party Secretary, both earning 881,900 yuan.

Followed by Wang Junzhi, deputy secretary of the Party Leadership Group, with 793,700 yuan.

The annual salary of most of the other senior executives is around 780,000 yuan, with only deputy general manager Mai Yanzhou earning a lower salary of 327,000 yuan.

As for employee salaries, we can roughly estimate the average.

In 2022, China Mobile's total employee salary expenditures will be 91.749 billion yuan, with 450,698 employees on the job, and the average annual salary per capita is approximately 204,000 yuan.

China Telecom’s labor cost is 53.346 billion yuan, with 280,683 employees.The per capita annual salary is about 190,000 yuan.

China Unicom's labor costs are 42.564 billion yuan, and there are 244,508 employees.The per capita annual salary is about 174,000 yuan.

In 2022, China Mobile's operating revenue will be 937.3 billion yuan, a year-on-year increase of 10.49%; net profit will be 125.5 billion yuan, a year-on-year increase of 8.02%.

China Telecom's operating income was 475 billion yuan, a year-on-year increase of 9.4%; net profit was 27.6 billion yuan, a year-on-year increase of 6.3%.

China Unicom's operating revenue was 354.9 billion yuan, a year-on-year increase of 8.3%; net profit was 16.7 billion yuan, a year-on-year increase of 16.5%.