Abstract
This article features a study that compares the extent to which U.S. pay practices are being used currently by small companies in China. Because of the high growth of small, fast-growth and entrepreneurial firms in China, small Chinese companies are compared with both small companies and fast-growth entrepreneurial firms in the United States. Results show that there are significant differences in pay practices in China when compared with firms in the United States. The article also discusses compensation issues for U.S. firms doing business with small Chinese companies.
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