# compensation
Latest news and articles about compensation
Total: 2 articles found
Shenzhen Stock Exchange Reports First Fall in Average Pay Since 2019 as Wage Bill Shrinks
Shenzhen Stock Exchange reported a drop in average pre‑tax annual pay to RMB 484,900 in 2024, an 8.63% decline year‑on‑year and the first sub‑RMB 500,000 average since 2019. Total wage payments fell despite a higher headcount, while senior executives’ disclosed pay remained modest by international exchange standards.
A Young Programmer’s Sudden Death Puts China’s Tech Overtime Culture Under the Microscope
A 32-year-old manager at Shiyuan, Gao Guanghui, collapsed and died suddenly at home in late November. His widow says chronic overwork, a heavy workload after a transfer, and a company culture that rewarded long hours are key parts of the context; the employer has paid RMB390,000 but denies legal responsibility. The case highlights broader concerns about occupational health, overtime norms and employer accountability in China’s technology sector.