(ECNS) -- A majority of people believe enterprise business leaders should lower their salaries, according to a survey.
When asked who they think should lower their incomes, 57.3 percent of interviewees choose those in leadership positions. Meanwhile, 29.4 percent think it should be managers and 13.2 percent, front-line employees.
As to the effect of more humble salaries, 39.8 percent think it could decrease costs and increase efficiency for the enterprise, 31.1 percent think it could help the market, while the remaining 29.1 percent believe it enhances marketization of management.
There are unconfirmed rumors that several State-owned enterprises, including Sinopec, PetroChina, and Shenhua Group, may see a drop in employee salaries.
For these enterprises, temporary economic difficulties are the direct reason for such drops, which could be far more meaningful in terms of revolutionary restructuring, according to Li Jin, the vice director of the China Enterprise Reform and Development Society.
The drop in incomes is unnecessary and unreasonable, says a man who claims to be an employee at State Grid. Electricity employees are faced with tough working conditions and deserve their salaries, he explained.
