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China's new weapon: Low executive pay
*Source: News.com (http://news.com.com/Chinas+new+weapo...ag=nefd.lede)*
_______ Will globalization someday stick it to the man? Excessive executive pay has been a hot-button issue in American politics for years, but worldwide factors could one day make it a liability on the balance sheet. As companies in countries like China (http://news.com.com/In+China%2C+a+ne...3-6187750.html) and India (http://news.com.com/India+enters+the...3-5696846.html) move away from performing behind-the-scenes functions, they're selling products and services under their own brand names directly against U.S. and European counterparts. Since high-level executives and other white collar professionals in Asian companies typically make less than their Western equivalents, these companies potentially will have a cost advantage. More... |
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