Bitget report: 33% of crypto job seekers have worked in the banking industry, and the salary in the crypto industry is twice that of similar position

On January 25th, Bitget released its latest research report. Between 2020 and 2023, bank revenues sharply declined, resulting in over 70,000 job cuts. Bitget's report data reflects the outflow of bank employees, with 33% of resumes coming from the banking industry in 2023 alone. The most common positions include investment relations, identity authentication and compliance, data analysis, product design, backend engineers, and other mid to senior level positions in various fields. The high salaries and remote work of the blockchain industry also attract bank personnel to join. In 2022, 36% of blockchain-related positions are remote positions, which is twice as high as the global average of 16%. As for salaries, the average salary in banks is $54,000, while the average salary in cryptocurrency companies is about $115,667. In addition, the report data shows that giants such as HSBC, JPMorgan Chase, and Citigroup have successively included the development of decentralized technology applications in their plans. It is expected that between 2025 and 2026, the banking industry's spending on blockchain will reach $22.5 billion. Therefore, high salaries, innovative prospects, and flexibility are the main reasons why talent in the traditional financial industry is migrating to the cryptocurrency field.