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25 times higher? Much to-do over bonus chasm [Copy link] 中文

Rank: 4

Post time 2010-2-4 11:01:24 |Display all floors
why can't i receive bonuse now?
if my supervisor gets much much more money than me, i'll be upset too.


chinadaily.com.cn

A row has erupted after an on-line post revealed officials of an aluminum company were paid bonuses twenty five times higher than workers.

"All tears! Of the annual bonuses at NELA, officials get 25 times higher than workers," it read.

The viral article, read over tens of thousands times online, said fellow workers at the Harbin-based Northeast Light Alloy (NELA) get only 200 yuan (US$29.3) bonus by the year-end while some executive officials engorge a glut of 10,000 yuan (US$1,465), National Business Daily reported.

NELA is a subsidiary of Aluminum Corporation of China Limited, the country's top aluminum producer whose revenue was smashed since the 2008 financial crisis, though in tardy recovery of late.

At least two workers at the subsidiary contacted by the business newspaper confirmed that what they got was indeed a stingy dole of 200 yuan, though indicating the disparity varies at different plants.

However, NELA's chief financial officer (CFO) Wang Ping said that's not the case.

"The workers get it wrong. It's not annual bonus, but performance awards," Wang said.

How much one gets depends on performance based on a guideline, thus some may not get the awards at all if they fail their benchmark, Wang explained.

Contacted over the report, Niu Dazhi, chairman of Workers' Union at the subsidiary, said he was so far unaware of the brouhaha. While another human resource manager assured the figures online were hyped.

Clamors over annual bonus by the year-end is nothing unusual, though internal disparity seems more likely to displease than the old tune of mega salaries at financial sectors, analyst said.

"As long as it's legitimate, it's OK, though 25-times-higher is indeed mindboggling," Lu Jingbo, a labor law specialist said to National Business Daily.

Each company has its own compensation system that is passed by the workers' congress, through which discontented employees could file a complaint. Or they could litigate it on court, Lu added.

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Post time 2010-2-4 11:47:04 |Display all floors
I wonder what the difference in salary is.  If the execs make 25 times more than the workers to begin with, then it might be justified.

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Post time 2010-2-4 13:50:20 |Display all floors

Reply #1 duanyihong's post

What Rmb200 for SPRING FESTIVAL, and the company is making record profits!!!!!

What happen, in Harbin, the home of the "socialist united" soccer team!!!!
Yes, Rmb10,000 bonus for executive is "reasonable", what with China's currrent development, but the workers should deserve more especially the industry sector is CAPITAL INTENSIVE!

What happen to TRADE UNIONs, all fallen asleep?
Come on, it's SPRING FESTIVAL, at least Rmb2,000 or 1 to 2 months bonus unless the business was bad in the year!!!! The Workers should ask for some kind of profit sharing system......

(and it's not even the difference, hmmmm the story......well....)

aiyah.......
(cannot do my customary "ha ha ha" here!)


Green DRagon
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[ Last edited by greendragon at 2010-2-4 01:52 PM ]

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Post time 2010-2-4 13:57:11 |Display all floors
if the profit is good and employees get a decent bonus, then it's ok. there is a chinese saying that the supervisors eat meat and let hired people drink soup. there if they can get soup, they'll be happy. what is intolerable is,
those in high positions can have meat, but don't let others to drink soup.
I am a Beijing girl.

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Post time 2010-2-4 14:19:05 |Display all floors

Reply #4 polaris1120's post

aiyoh......

today it's different, we can get chicken meat in 40+ days....
with only >2.1 + feedmeal ratio....

all CHINESE should get "chicken in the pot" for meals!
better still, affordable cuts of pork, beef, exotic meats!
(Geeeeze, isn't that some American politician talk.....)

ha ha ha


Green DRagon
Game Master

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Post time 2010-2-4 16:29:35 |Display all floors
i got my bonus today. can't tell you the amount though. haha    ^O^
don't know how much my boss got.

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Post time 2010-2-4 16:39:07 |Display all floors
Originally posted by Exergy at 2010-2-4 11:47
I wonder what the difference in salary is.  If the execs make 25 times more than the workers to begin with, then it might be justified.


my bonus is worth

~130 cans

New Moon Abalones
What's on your mind now........ooooooooooooooo la la....Kind Regards

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