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Pay Reform Of State-Owned Enterprises Should Dare To Touch "Invisible Welfare".

2015/3/10 16:19:00 25

State Owned EnterprisesRemunerationWelfare

This year's two sessions, hot topics such as SOE reform continue to arouse widespread concern in the community.

Among them, the state-owned enterprise salary reform is one of the hot topics.

According to statistics, in the 31 governments' work reports of the two provinces, including Beijing, Shanghai and other provinces, it is clear that this year the reform of the salary system will be carried out for the heads of state-owned enterprises.

It can be seen that the state-owned enterprises' pay reform process has obviously increased speed.

It is noteworthy that during the two sessions this year, many executives of state-owned enterprises also took the opportunity to dry out their current remuneration level in view of the remuneration of executives of state-owned enterprises in China.

Among them, CPPCC member and general manager of China Electric Power Investment Group Lu Qizhou said that 7800 yuan is its current monthly basic salary.

He Tongxin, chairman of the CPPCC National Committee and chairman of China General Technology Group, said his salary fell by nearly 50% in 2014.

Meanwhile, Chang Xiaobing, chairman of China Unicom, also burned out his salary and said his current salary is RMB 8000 yuan after tax.

However, facing the phenomenon of state-owned enterprises executives drying out their salaries, it has aroused heated debate among all sectors of society.

At this time, there are many voices of doubt have been heard.

In this regard, authoritative media revealed some unknown statistics.

Take Chang Xiaobing, chairman of China Unicom as an example, although he claimed that his current salary is only 8000 yuan, according to China Unicom's 2014 earnings report, Chang Xiaobing's salary was as high as RMB 1 million 75 thousand yuan.

In addition, Chang Xiaobing also owns a certain number of shares in Hong Kong listed companies, China Unicom, and emptied cash in 2014.

As a result, how high the "welfare" of top executives of state-owned enterprises is is undoubtedly a difficult mystery.

In this regard, state-owned enterprises pay reform does need more thinking.

In fact, according to statistics, over the years, the remuneration level of executives of state-owned enterprises in China is far beyond the average level of the world.

Among them, the salaries of top executives of state-owned enterprises in China are 98 times the national minimum wage level, far exceeding 5 times the world average.

At the same time, China's industry wage differential reached 3000%, far exceeding the world average of 70%.

It is worth mentioning that in the past two years of state-owned enterprise executive pay list, millions of remuneration of state-owned enterprises executives are not few.

Among them, Mai Bo Liang, President of CIMC, ranked first in the list of top executive pay in 2013 by 8 million 697 thousand yuan.

In 2014, it could be regarded as a turning point in the reform of state-owned enterprises.

In the second half of the year, our country also passed the reform plan of the central management enterprises' remuneration system.

According to the contents of the specific plan, the reform plan consists of two parts: the annual salary and the annual salary of the directors of the central management enterprise. The adjustment is made up of three parts: the basic annual salary, the performance annual salary and the tenure incentive income.

In addition, in accordance with the relevant provisions, term incentive income is a new project in the future, and its income is determined according to the different times of the results of the term assessment, not exceeding 30% of the total annual salary level.

At the same time, the new regulation stipulates that the annual or term assessment of top executives of state-owned enterprises will not receive performance annual salary and tenure incentive income.

In fact, our country

policy

The concrete implementation is often easy to change, which will bring many uncertainties to the new regulations in the future.

At the same time, the annual salary of top executives of state-owned enterprises is

Performance annual salary

There are large variables in the setup.

As a result, the intervention of future tenure incentive income has become a new channel for some state-owned enterprise executives to increase their income.

In the last step, even if the final salary level of state-owned enterprise executives is limited, in fact, salary income is not the only income of state-owned enterprise executives, while the additional income mainly based on equity, government subsidies and part-time jobs is more attractive.

In addition, many state-owned enterprises executives will have housing subsidies, pportation subsidies,

Living allowance

In addition, the number of subsidies at will is enough to shake the eyeball.

Over the years, local governments are keen to subsidize local listed companies with large sums of money, especially those with some influence on listed state-owned enterprises.

At the same time, during the process of cooperation between local and state-owned enterprises, due to lack of effective supervision and loopholes in accountability mechanisms, a large number of government subsidies can not really be implemented in the development of enterprises.

More generally, some of the subsidy funds have fallen into the pockets of some state owned executives.

In this regard, I believe that the state-owned enterprise pay reform has come to a time when it has to be changed.

However, the reform of state-owned enterprises pay can not only change the remuneration level of executives, but rather dare to touch many "invisible benefits" of executives.

Because this is their real "fat meat".


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