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High-Level Managers of National Corporations to Get Pay Cuts

High-Level Managers of National Corporations to Get Pay Cuts

At a press conference, Human Recourses and Social Security spokesperson Li Zhong announced wage reforms for managers of national corporations. When one high-level manager publicly exposed that his own salary was only 8000 RMB a month, netizens quickly responded, with one comment saying “Saying that is just insulting our I.Q.s.” There has been much debate about whether managers will leave their positions when pay cuts are enacted. Many netizens responded saying they would be happy to pay 8000 RMB a month for the opportunity to be the manager of a national corporation.

Source: Netease

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