Official statistics have shown that employees of some profitable
monopoly enterprises earn much more than the national average,
drawing fire from across the nation.
In response, officials in Guangdong announced this week that they will
launch the country's first investigation into how profitable
enterprises distribute wages.
The investigation should be finished by the end of the year,
they said.
"We will cooperate with other local departments, such as the
state-owned assets supervision and administration commission,
finance department and statistics bureau," Zhang Xiang, the
spokesman of Guangdong provincial department of labor and social
security, told China Daily yesterday.
"We will figure out how to control the high wages in some
sectors after the investigation," Zhang said.
According to a report by China Economic Daily, 12 companies will
be investigated soon. Among them are Guangdong Development Bank
Securities Co, Guangdong Telecom, Nanfang Daily and China Southern
Airline Co.
Experts said they hoped other provinces would follow Guangdong's
example, saying such high wages in monopoly sectors raise serious
social equity issues.
The most profitable industries in the country include power
generation, telecommunications, finance, insurance and tobacco
processing. Figures from the National Statistics Bureau show that
the average personal income in these profitable industries is two
to three times more than in other industries.
In 2000, the aviation transportation sector paid the highest
average wage, offereing about 21,300 yuan ($2,800) a year. At the
other end of the spectrum, workers in the forestry sector earned
only about 4,500 yuan a year on average.
The wage gap continued to grow through 2004. Workers in the
securities industry were the biggest earners, taking home some
50,500 yuan a year. This was seven times what forestry workers made
during the period.
Experts said the gap is actually bigger than seven times because
workers in the most profitable industries also enjoy other
benefits, such as monthly allowances, that poorer industries cannot
provide.
A recent report by the Shanghai-based First Financial Daily said
a worker at an electricity company who checks the meters at
residential buildings earns 6,500 yuan a month.
However, when the annual bonus and other benefits are factored
in, such workers earn 150,000 yuan a year, more than seven times
the national average of 21,000 yuan last year.
Starting last year, there have been numerous public calls on the
government to take steps to control wages in profitable monopoly
enterprises.
(China Daily June 6, 2007)