Cabinet integrate remuneration of senior managers with the performance of state-owned companies
Prime Minister of Russia Dmitry Medvedev instructed relevant ministries to prepare proposals on linking remuneration of top managers of state companies with the performance of these companies. This was reported on the website of the Cabinet.
“The Ministry of economic development and the Ministry of labour together with the expert Council under the Russian government and the organizations concerned to submit to the government proposals on improvement of methodical instructions on the use of key indicators for assessing the efficiency of companies with state participation, taking into account the need of the size relationship of remuneration to senior management with the achievement of indicators of efficiency of activity of such companies”, — said in the order.
The term for preparing the proposals set February 28, 2018.
Last year, the media reported that the government plans to introduce a single standard of remuneration of top managers.