By Zheng Sisi
A new survey is calling more attention to the growing salary gap between State-owned enterprise (SOE) executives and lower-level employees, saying that the big bosses make more than 14 times than that of their employees beneath them.
The survey done by the Shanghai committee of China Association for Promoting Democracy, with the support of local government bodies, said that some executives working for SOEs even make 27 times more than regular employees at private companies.
The study contradicts the regulation made in 2002 by the State-owned Assets Supervision and Administration Commission of the State Council, which stated that the wage disparity between senior executives and regular employees should be kept below 12 times.
Yang Rong, the dean of the Business Administration for East China Normal University, who was in charge of the research, admitted that the study is based on secretive figures that are hard to obtain accurately.
"Working with such salaries is similar to finding out the age of women," she told the Global Times Sunday. "But we are able to easily get our hands on similar information made public from listed companies.
"From those and our research, we are able to get a sound picture of the situation," she said.
Yang said that the study shows that there is a lack of supervision in the overall mechanism of the system, which is fueling the ever-widening salary gap.
"The government should build a salary disclosure mechanism for State-owned enterprises to abide by that should govern limits on salaries, bonuses and welfare," she said.
Yang said that the survey will be presented to the Shanghai People''s Congress during the Shanghai People''s Political Consultative Conference that starts Saturday.
Another democratic party, the Shanghai Committee of the China Democratic League, plans to bring up similar issues with the congress, based on a study they released last week, which suggests similar data.
环球时报英文版 日期：2011年1月10日 作者：Zheng Sisi
链接：http://shanghai.globaltimes.cn/society/2011-01/610780.html
