Delayed bonuses reveal sharp reductions, with some department-level executives seeing their total 2024 pay roughly halved, sources say
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Mid-to-senior managers at China’s state-owned financial institutions are facing steep pay cuts as a long-running compensation overhaul starts to bite, with adjustments likely to be applied retroactively to 2024, Caixin has learned.
John Lee says authorities are assessing feasibility of new accountability system to ensure policies are implemented effectively.
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Updated regulations ban the country’s 40 million civil servants from lavish banquets, and restrict them from overseas travel for…
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