Stop Discrimination of Managers!
Akai47, Sob, 2008-06-14 08:58
English
The Sejm voted for an amendment to the act on privatization yesterday. One of the amendments concerned salary caps for managers in state-owned companies, or companies where the State Treasury have a majority share. Previously, managers of state-owned companies could only earn four times as much as the average salary in the company whereas managers of companies where the State Treasury have a majority stake can earn six times as much as the average salary. Now there will be no limit on their salaries.
The pro-business organizations had been lobbying for the change. In their view, the current regulations constituted "discrimination against managers".
In the meanwhile, statistics show than 13% of managers in Poland already earn over 100,000 zloties a month - about 30,000 euro.
