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Salary Gap Exists among Executives in China’s Automakers

Executive compensation is a topic of great interest whenever the automobile group releases its annual report. In China, there exists a significant disparity between the salaries of executives in electric vehicle manufacturers and those in fuel-powered vehicle manufacturers.

Disagreement Arises Among Shanghai Pudong Development Bank Employees Regarding Salaries and Benefits

Several photos surfaced online on May 11th showing employees of Shanghai Pudong Development Bank (SPDB) protesting in Shanghai. The protest was due to their dissatisfaction with salary cuts, which occurred after an employee from the bank's wealth-management subsidiary complained about a nearly 70% reduction in pay.

Civil Servants in A Chinese City to Receive Salaries in Digital RMB Starting from May

The announcement on April 21st that a city in eastern China will pay civil servants and public institution employees solely with digital currency starting in May has garnered significant attention.

Frontline Workers of CATL Report A Decrease in Workload and Income

Many frontline workers at CATL, a Chinese battery giant, have reported reduced income and no work to do. As a result, some of these workers have opted to resign.

OPPO Significantly Reduces Employees’ Year-End Bonus

Besides withdrawing from the British and German markets, OPPO is also undergoing "dynamic optimization" in China.

Tsinghua Master’s Graduate Bemoans ByteDance’s “Maliciously Low” Monthly Salary of $2,947

A Chinese web user verified to be a fresh master's graduate from the elite Tsinghua University complained online recently that the monthly salary for a back-end development engineer at ByteDance was as low as 20,000 yuan ($2,947) per month.

miHoYo Denies Issuing Sky-High Year-End Bonuses

Shanghai-based game company miHoYo on January 12 denied rumors that it had been issuing extremely high year-end bonuses, with some employees that receive a monthly salary of 8,000 yuan ($1,184) taking in a 864,000 yuan bonus ($128,150).

Evergrande Auto Suspends Salary Payments to Sales Staff

Chinese vehicle manufacturer Evergrande Auto is now in the midst of wage arrears and layoffs after plans were revealed to cut 60% of workers at its Tianjin plant.

JD.com to Cut Executive Salary by 10-20%

Richard Liu, the founder of Chinese e-commerce giant JD.com, announced in an email to all employees on November 22 that starting from January 1, 2023, the cash salary of senior managers will be reduced by between 10% and 20%.

Electronics Firm GOME Delays Employee Wages, Seeks New Financing

Huang Xiuhong, the chairman of Beijing-based electronics retailer GOME Holdings, said recently that until the end of December, the company will only provide social security to its employees, and it will not pay wages.

Faraday Future Announces New Executive and Funding Following 25% Pay Cut

Faraday Future, a California-based electric vehicle maker, on October 26 announced the appointment of Yun Han as Chief Accounting Officer and interim Chief Financial Officer, as well as new financing progress from an affiliate of ATW Partners LLC.

We also support Hindi language, do you want change to it?

हम यह भी हिन्दी भाषा का समर्थन है, आप इसे करने के लिए परिवर्तन करना चाहते हैं?

Yes(ह)

We also support Punjabi language, do you want change to it?

ਸਾਨੂੰ ਇਹ ਵੀ ਪੰਜਾਬੀ ਭਾਸ਼ਾ ਨੂੰ ਸਹਿਯੋਗ ਹੈ, ਤੁਹਾਨੂੰ ਇਸ ਨੂੰ ਕਰਨ ਲਈ ਤਬਦੀਲੀ ਚਾਹੁੰਦੇ ਹੋ?

Yes(ਜ)

We also support Bengali language, do you want change to it?

আমরা বাংলা ভাষা সমর্থন, আপনি এটি পরিবর্তন করতে চান?

Yes(হ)

We also support Burmese language, do you want change to it?

ငါတို့သည်လည်း, မြန်မာဘာသာစကားကိုထောကျပံ့သငျသညျကအပြောင်းအလဲလိုသလဲ

Yes(ဟုတ်ကဲ့)

We also support Nepali language, do you want change to it?

हामी पनि नेपाली भाषा समर्थन, तपाईं यसलाई परिवर्तन गर्न चाहनुहुन्छ?

Yes(ह)

We also support Tagalog language, do you want change to it?

Sinusuportahan din namin ang Tagalog wika, ang gusto mong pagbabago dito?

Yes(oo)

We also support Malay language, do you want change to it?

Kami juga menyokong bahasa Melayu, adakah anda mahu perubahan kepadanya?

Yes(yes)

We also support Indonesian language, do you want change to it?

Kami juga mendukung bahasa Indonesia, apakah Anda ingin perubahan untuk itu?

Yes(Iya)

We also support Thai language, do you want change to it?

นอกจากนี้เรายังสนับสนุนภาษาไทย, คุณต้องการที่เปลี่ยนแปลงไปได้หรือไม่

Yes(ใช่)