Report: Executive Salaries in Chinese Listed Firms Decrease for the First Time in Two Decades
Friday, 31 May 2024, 12:00
China's Top Executives Experience Pay Decline Amid Economic Slowdown
The average annual salary of executives at Chinese listed companies decreased by 3.27% last year, marking the first drop in two decades.
Key Takeaways:
- Sluggish Economic Recovery: The pay cut reflects the slow economic growth affecting listed firms.
- Challenges in Wages: Executives are facing stagnating or falling wages amidst the economic downturn.
This decline in executive pay highlights the ongoing impact of the sluggish economy on corporate finances in China.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.