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executive compensation system of state-owned enterprises(国有企业高管薪酬制度)
Executive compensation system of state-owned enterprises
Guidance paper pay :: SOE executives. Annual Salary: Best Choice of SOE executive compensation system. Executive compensation system of state-owned enterprises.
Paper Keywords: state executive, annual pay, pay system
First, the state executive remuneration 1. Definition of state executive executives (called the senior management staff) is engaged in strategic decision-making in the enterprise, directly responsible for business activities and economic benefits of a class of people. SOE executives is engaged in strategic decision-making state-owned enterprises, directly responsible for business activities and economic benefits of a class of people. This paper argues that executives of state enterprises should include chairman, vice chairman, director and general manager (CEO), deputy general manager (vice president), chief accountant. For a handful of pursuing policy goals of state-owned enterprises, party secretary can be classified as state executive range.
2, the definition of state-owned enterprises SOEs executive pay executive compensation means return business executives trying to obtain state-owned enterprises, including both fixed-income security standard of living, but also bear some of the risk and the risk of the revenue part of the Residual Claim enjoy; both including wages, bonuses and other short-term incentives, including stock, options, and other long-term incentives; both external compensation reflect the economic returns, but also a sense of accomplishment, self-realization and other internal remuneration; both the material level, but also spiritual.
Second, the salary system: the best choice since the reform of state-owned enterprises executive pay system is open, executives of state-owned enterprises’ salary system reform China has experienced the 1978 awards and piecework system, floating wage system in 1980, in 1983 the enterprise wages and economic benefits linked to the
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