Functions:
It improves the systems for supervised enterprises in terms of benchmarking multinationals and companies of the same industry, corporate executive business performance evaluation and enterprise performance evaluation, and conducts annual and tenure assessments of the business performance of corporate executives and the performance of supervised enterprises. It proposes remuneration and incentive measures for corporate executives, organizes the implementation according to assessment results, and standardizes the management of the duties and benefits as well as business expenditures for executives of supervised enterprises. It studies and proposes the guiding opinions on the reform of the income distribution system of state-owned enterprises, regulates the overall payroll distribution of supervised enterprises and employee benefits. It improves the medium and long-term incentive and restraint mechanism for state-owned enterprises, guides and supervises its implementation in supervised enterprises.
