Will a Pay Cap on SOE Executives Result in Fairness?

摘要

Since last year,25 provinces across the country have revealed their payment reform schemes for state-owned enterprise(SOE)executives,aiming to impose certain limits on their salaries.In most areas,SOE executives’basic annual salaries are set to be no more than two times those of ordinary workers.Meanwhile,the combined sum of an executive’s basic annual salary,performance-related pay,and incentive bonuses will be no