Remuneration Difference between Migrant Workers and Non-migrant Workers

Through the survey of direct economic remuneration, indirect economic remuneration and non-economic remuneration of employees in flat panel furniture enterprises in Chengdu City, we conduct a comparative analysis of the problems and causes of remuneration difference between migrant workers and non-migrant workers. The results show that the wage difference between migrant workers and non-migrant workers is the biggest, and there is little difference in terms of interests safeguarding and non-economic factors. The reason for the above results lies in the difference of education level; gender, region, household registration and other issues have little impact on the above results. The following recommendations are put forward to improve the remuneration of migrant workers: increasing government's policy advocacy efforts and eliminating subjective offense; establishing the administrative oversight bodies and effectively safeguarding the legitimate rights and interests of migrant workers; strengthening vocational training for migrant workers, so that workers have more choices on positions; improving the working environment and developing good working atmosphere.

Remuneration Reforms in Public Sector： A Case of Russian Healthcare

In 2008 remuneration reform for public sector was introduced in Russia. Its main idea was to implement P4P principle well-known in business, including more flexible approach to wage setting. This paper presents an attempt to estimate an influence of the new remuneration system （NRS） on earnings level, inequalities and job motivation. The estimates are based on microdata of monitoring survey of healthcare economic problems conducted in Russia in 2009 and 2010. The extended specification of Mincer earning equation and probit-models were used. One could observe increasing wage rates and earning inequalities within healthcare institutions adopted NRS though worker＇s experience and regional economic differences remain significant wage determining factors. As it occurs, NRS is widely adopted by large regional and central hospitals while smaller health care institutions show less enthusiasm in implementing reform. Obviously, the larger institutions have more money and better educated administrative staff to introduce the new system. Those chief physicians who adopted NRS point out a positive correlation between earnings and individual input. At the same time, those committed to old principles of wage setting more often note declining job turnover. This latter result could possibly indicate negative personnel sorting, less productive workers tending to stay with employer who doesn＇t assess their performance. As concerns anticipated NRS results such as increasing motivation and quality of health services, the evidence is still ambiguous.

Executive remuneration and financial performance in Brazilian companies

The objective of this study is to investigate the existence of a relationship between executive remuneration and financial performance in 28 Brazilian companies from the industrial sector. These companies have been selected among those companies elected as ＂The Best Companies to Work for in Brazil＂. In order to operationalize the remuneration variable, the authors use the monthly salary, the variable salary and three indexes--of benefits, career and professional development--which have been created especially for this survey. To measure financial performance, the authors use three accounting measures： sales growth, return on equity （ROE） and return on sales （ROS）. The results point the existence of a relationship between executive remuneration and financial performance.

A study on directors＇ remuneration and board committee in Malaysia

Researches on company directors＇ remuneration and its links with firms＇ performance and corporate governance have drawn wide attention as stakeholders are interested to find out whether directors received the right package of remuneration and whether it is always in line with the firm＇s performance and corporate governance policy. However, there is a lack of study examining the impact of specific board committee on directors＇ remuneration, particularly in emerging capital and financial market. This study, involving 120 Malaysian public listed companies, aims to examine this association. The study employs descriptive analysis, Pearson＇s correlation test and multivariate stepwise statistical technique. The result of the study indicates that there is a positive relationship between directors＇ remuneration with board executive committee, remuneration committee, nomination committee and corporate governance committee. The result also indicates negative relationship between directors＇ remuneration with employees share option scheme committee. However, all these associations are not significant, except ownership structure that is used as a control variable. This result prompts a need to reexamine the effectiveness of corporate governance practice through establishment of board committee in determining directors＇ remuneration.

China’s Rising Labor Remuneration and Evolving National Savings Rate

Cash flow statements suggest that China’s rising labor remuneration has had a major impact on its national savings rate since 2008.Accordingly,this paper proposes labor remuneration hypotheses to explain the evolving trend of China’s national savings rate.We hypothesize that:(1)The certainty and predictability of household labor remuneration have led to excess sensitivity to consumption,with a corresponding decrease in the household savings rate;(2)rising household labor remuneration means a greater share of labor remuneration is paid by firms,resulting in a smaller corporate savings rate;(3)the increase in the payment of labor remuneration by firms as a share of national disposable income has resulted in the government spending more on social welfare and public services resulting in the government having a declining share of disposable income,less propensity to save,and a falling government savings rate.Using China’s provincial panel data of 2008-2016,we performed an empirical test with the minimum wage standard as the instrumental variable to verify the above hypothesis.To cope with economic growth pressures,China needs to shift from an investment-driven to a consumption-driven growth model and prioritize investment efficiency over quantity.

Experts on Protection of Workers' Right to Remuneration in Accordance With Labor Law

Adozen experts of law gathered on April 1, 2003 to share their views on protection of the workers’ right to remuneration for their work in accordance with the Labor Law of the People’s Republic of China. That took place at a seminar jointly sponsored by the Human Rights and the Beijing-based Democracy and Law magazines and the Branch of Labor and Social Security Laws of the Beijing Society of Law. Participants were from the All-China Federation of Trade Unions,

Digital Infrastructure and Common Prosperity: An Influence Mechanism and Effect Test

Common prosperity is an important goal of China’s modernization efforts,and narrowing the income gap among different regions and populations is crucial to achieving common prosperity.The construction of digital infrastructure has significantly boosted productivity and facilitated the diffusion of technology in less developed regions,leading to notable changes in labor employment and the income gap,which aligns with the goal of common prosperity.This paper explores the mechanism through which digital infrastructure influences common prosperity with a focus on employment,using panel data from 30 provinces in China between 2011 and 2021 for an empirical test.The research finds that digital infrastructure significantly promotes common prosperity.By expanding employment and increasing labor remuneration,the influence of digital infrastructure on common prosperity exhibits regional heterogeneity and a nonlinear threshold effect.The research suggests that the government should enhance investment in and construction of digital infrastructure,reduce the digital divide through policy support in rural areas,promote digital employment and skills training,and encourage industrial integration and enterprise participation.