Top five executives ' bonuses or a check point

Source: Internet
Author: User
Keywords Executive Focus
The new rules of "halving" executive pay in five big lines have led to delays in cashing bonuses, or for the Ministry of Finance inspection key New Express News reporter Zhang Yi intern Long Yingjun Report, following the promulgation of the "Central financial enterprises in charge of the management of compensation audit", the Ministry of Finance announced a 10-day special inspection operation starting December 1, the National 23 gold  The Central enterprise executive pay become the object of inspection, the scope of inspection covers the party committee, Discipline, chairman, general manager, president and so on almost all the relevant responsible for the basic annual salary, performance, salary and welfare income. As the object of this inspection, five major line (BOC, ICBC, CCB, ABC, bank, bank) of the executive pay also received attention, the reporter inquires the report found that, although 2009 its executive compensation income nearly "halved", but in the number of large drop behind the new rules led to some of the pay can not be confirmed.  Have the industry analysis, the Ministry of Finance survey is to further clarify the relevant central enterprises pay system, the executive bonus system or will become the focus of inspection. Five big lines of executive pay "halved" this February, the Ministry of Finance issued the "Central Financial enterprises responsible for the management of compensation measures", and then the CBRC issued the implementation of the "commercial banks prudent Pay Supervision guidelines" ("Guidelines").  The "pay-for-order" of financial executives also has a direct impact on the banks ' 2009 earnings, which have been "halved" over the past 2008 years for 2009-year salaries. In 2009, for example, the total remuneration of the 15 board members, from chairman to director of the Bank of China, was 16.981 million yuan, with the highest pay being the credit risk controller Jianwei, which amounted to 6.512 million yuan before the tax, but nearly half as much as 2008.  In addition, BOC chairman Xiao Last year's pre-tax income of 759,000 yuan, also than the previous year's 1.507 million yuan fell by half. Similarly, ICBC 10 senior executives 2009 years before the total income of 7.745 million yuan, 774600 yuan per capita.  In 2008, the 10 top executives of the total pre-tax income of 13.364 million yuan, such as excluding the second half of the year Cai Cai Chao Lin, 9 senior executives of the average remuneration of 1.39 million yuan. Half of the pay is "mystery" although the number is "cut", but in the "shrinking of the water" in the back of the pay list there are a lot of mystery. After the reporter inquires, the five major lines of the 2009 Annual report of the executive pay is accompanied by a note: "According to the latest regulations of the relevant State departments, the bank chairman, supervisors, executive directors and senior management of the final remuneration is confirmed in the process, the remaining part of the confirmation after the disclosure."  "So the" halved "pay is in fact only part of the 2009, and how much of the rest of executive pay remains a mystery. Comparing the 2009 Annual report with the 2008 Annual report, it is not difficult to find that the salary paid in 2009 is mainly basic salary and various benefits (including social insurance, Housing Provident Fund, Enterprise Annuity and supplementary medical treatment).Insurance Unit Payment section), according to the provisions, this part of the remuneration should be monthly. While the rules vary, the general executive's remuneration is made up of salaries, basic wages and allowances, various benefits and bonuses. Of these, bonuses are the biggest source of compensation, and the project is "invisible" collectively in the top five 2009 executive pay statements. As a result, the focus of the Treasury's inspection is on the bonus system of executives at central financial firms. According to the guidelines of the CBRC, commercial banks should design a unified salary management system, whose remuneration consists of "fixed salary + variable salary + welfare income".  The basic remuneration of commercial banks is generally not higher than 35% of the total remuneration, and the performance remuneration of the main principals of commercial banks shall be determined within 3 times times of the annual operating assessment results. Executive annual salary is about 10 times times the staff of the Supervision Department to the central Financial enterprise executives "limit pay", not only to emphasize the risk and the management of the remuneration link, but also stressed to ensure that the executive and ordinary employees of the income gap between the rationality.  According to the industry, the relevant parties in 2002 to make provisions, senior executive salary and ordinary workers salary gap should not exceed 12 times times, in the current situation should be maintained at about 10 times times is more reasonable. Reporter also inquires the five big row of annual report data, found that its senior executives are generally in the average annual salary of 10 times times, belong to the industry's "reasonable category." In ICBC, for example, the average salary of its 9 executives in 2008 was 1.39 million Yuan, and 2008 's staff salaries were about 51.252 billion yuan (excluding retirement benefits), with a median income of around 133,000 yuan in the last 385,609 employees, and executive pay of 10.5 times times that of employees. If the average of 2009 years of senior executives 774600 yuan salary calculation, it is the same year 144,000 yuan annual salary 5.38 times times.  According to ABC's prospectus, the average salary of five top employees is 1.44 million yuan, which is 11.4 times times the annual salary of 126,400 yuan for ordinary employees. Related Bank executive remuneration (pre-tax, Unit: million) ICBC title 2009 Year salary 2008 year Remuneration chairman, Executive Director Jiang Jianqing 91.1 161 Vice Chairman, Executive Director Kaisheng 87.1 153.5 Supervisor Long Chao Lin 82.6 84.3 executive director, deputy President Zhang Fulong 76.2 138.1 vice President Wang Lili 76.4 137.5 vice President Li Xiaopeng 76.1 138.1 Discipline Secretary Liu Lixian 76.2 137.6 Vice President Yi will be full 76 135 first seat risk officer Wei 67.8 131.4 Dong gu 澍 65 119.9 Total 774.5 1336.4 Bank of China job name 2009 Year salary 2008 year remuneration chairman Xiao 75.9 150.7 vice chairman, President Lihui 75.5 154.4 executive Director, Vice President Li Jinai 72.3 148.1 Executive Director, Vice President Zhou Cai group 71.9 147.7 Supervisors Wang Xueqiang 50.9 96.3 Supervisors Liu Wanming 50.7 95.3 staff Supervisors Lichuntian Rain 39 47.5 staff supervisors Jiang burly 43.2 50 vice President Zhang Yanling 69.7 143.6 Discipline Secretary Zhang 68.7 136.3 Vice President Wang Yongli 67.7 136.3 Vice President Chen Shiqing 71.2 80.4 Credit risk director Jianwei Kennedy 651 .2 1181 Total audit Huangding 228.8 442.4 dong Zhang Bingxun 61.4 81.6 Total 1698.1 3091.6 Construction Bank Job name 2009 Year salary 2008 year Remuneration chairman, executive Director Guo 90.6 156.9 vice Chairman, Executive Director, President Jianguo 88.2 156.1 executive Director, Vice President, discipline Inspection Secretary Sinchusen 75.6 140.9 executive Director, Vice President Zuofu 75.7 140.9 Supervisor Long Chedoux Yang 86.8 151.8 Supervisor Liu Jin 57.8 100.1 supervisor Gold Rock 57.8 100.1 Vice President Yifei 75.6 140.9 Vice President, chief risk officer Zhu Xiao Huang 75.3 135.2 Vice President, Chief Financial Officer Bong 66.8 124 first audit officer Yu Yongshun 66.8 124 board Secretary Chen Yanhong 66.8  124 Wholesale Business director Guking 66.8 1240 Sales Director Du Yajun 66.8 124 Total 1017.4 1842.9 traffic Bank position name 2009 Year salary 2008 year salary executive director Hu Huaibang 88.68 43.92 Executive Director, Vice chairman, President Nieusiming 175.08 executive Director, Vice President Pengchun 79.26 143.26 executive Director, Deputy Governor Chan Wen, 79.26 143.26 supervisors long Qingshan 88.68 175.08 Vice President Wang Bin 75.11 140.15 vice President, Chief Financial Officer Uyali 79.26 142.53 Discipline Inspection Secretary Sumeiseng 79.26 140.49 first seat information officer Hou Vidong 77.41 123.05 First risk officer Yang Dongping 74.77 121.8 Secretary of the board Dujiangrong 23.19--Total 74 4.88 1348.62 (Data source: each bank yearIf there is any error, the Bank annual report data shall prevail. )
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