China Daily reports here that legislation is being drafted to set a cap on executive pay in state owned enterprises (SOE). The cap in each SOE will be based on average pay within the SOE. It will be interesting to see how average pay is calculated.
Thursday, 5 March 2009
China: executive pay in state owned enterprises
China Daily reports here that legislation is being drafted to set a cap on executive pay in state owned enterprises (SOE). The cap in each SOE will be based on average pay within the SOE. It will be interesting to see how average pay is calculated.
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