The Executive Compensation Of Listed Companies In Central Enterprises Shows A Big Difference.

After the annual bulletin of every year, the executive compensation of listed companies, especially the executive pay level of the listed companies of central enterprises, has aroused great concern from all walks of life.

Among them, there are statistics, in the 2015 annual report of listed companies, the annual salary of individuals with a salary above one million yuan has reached more than 600, while the annual salary level of more people has exceeded the value of 5 million yuan.

However, compared with the data of executive compensation of Listed Companies in 2015, the executive pay of the listed companies in the central enterprises showed a larger salary.

Compared with 14 years, this difference is more obvious.

According to the statistics of some organizations, the 15 year salary of Yunnan copper general manager is only 60 thousand yuan, while the annual salary level of CIMC is still in the forefront of the A share market pay list.

However, compared with the number of executives of several listed banks, the annual salary range has been highly concerned by all sectors of society.

From the data point of view, in the bank shares that have already announced the executive compensation, the bank executives, ICBC, Bank of communications and CCB, etc., have shown a sharp decline in their executive pay levels, and the overall decline is close to 50%.

At the same time, from a more specific point of view, the executive pay of these banks is only between 350 thousand and 610 thousand, with an average monthly salary of less than 50 thousand yuan.

In fact, there are many listed banks.

Behind the sharp decline is not only related to the landing of the central enterprises' pay reform policy, but also closely related to the decline in earnings growth of listed banks.

Among them, in view of the former, that is, since last January 1st, the reform plan for the remuneration system of the central management enterprises has been formally implemented.

On the whole, in 2015, many central enterprises' executive pay had a downward trend, but the situation of salary change showed a great difference.

However, behind the reform of the executive pay of central enterprises, the real meaning is to reduce the income gap within the enterprise and reduce the income conflict between executives and ordinary workers, so as to achieve relative equality.

。

However, in the actual operation, we still can not ignore a point, that is, in the part of the central enterprise executives pay down while still need to be vigilant more covert disguised welfare.

In this regard, in the context of non monetary welfare income has not yet clearly defined requirements, whether it will gradually evolve into a disguised welfare of some central enterprises executives more covert, but need to be further observed.

According to the policy of salary reform at that time, the two basic annual salary and performance annual salary will be added to three parts: basic annual salary, performance annual salary and tenure incentive income.

At the same time, the setting of the incentive revenue for the term will be determined according to the different times of the results of the term assessment, and it is stipulated that it can not exceed 30% of the annual salary level of the term.

In addition, the new regulation also stipulates that the annual or term assessment is not qualified, and the performance annual salary and the term incentive income are not allowed.

Thus, under the central enterprises pay reform policy, the central enterprises executives pay big changes, has gradually become a trend.

Today, with the disclosure of most central enterprises executive pay, the effect has begun to show.

In view of the latter, behind the sharp decline in executive pay of listed banks, in fact, it is more or less related to the decline of earnings growth in banking industry.

Among them, the 15 annual report just released for example, according to data statistics, ABC, ICBC and China Construction Bank's net profit growth has dropped below 1%, which recorded 0.7%, 0.5% and 0.28% growth.

As for the five banks, the Bank of China, which has relatively high net profit growth, has recorded only 1.25% of its net profit growth rate.

In addition, while the net profit growth rate of many listed banks declined, the corresponding non-performing loan ratio showed a marked rise.

In this regard, when the fundamentals of listed banks change, it also indirectly exacerbates the pressure of bank executives' pay cuts.