Exhibit 8
PROPOSED RTHKC COMPENSATION MIX* Percent; HK$ thousands
Grade
8
64
7
66
39
6
5
4
1
68
70
89
13
7 100% =
1.800
13
13
8
1,300
12
8
900
11
8
550
11
325
69
89
11
225
89
89
11
* Compensation represents mid-point of each grade
145
90
90
Salary
Performance bonus
Housing
Superannuation and Insurance
Exhibit 9
PROPOSED KEY COMPENSATION ELEMENTS FOR RTHKC
ELEMENT
Basic salary
Performance bonus
Housing
PROPOSAL
Guaranteed wage payable over 12 months for Grade 5 and up; 13 months for others
Lump sum payable annually based on performance
Monthly allowance to cover housing expense
Superannuation Employer contribution of 10% of
salary to provident fund; rapid vesting (i.e., 6 months to 1 year)
Insurance
Medical, dental, and life
insurance plan for all employees and their dependents
JUSTIFICATION
Increased monthly take-home pay Staff already receive annual lump sum bonus
Strong incentive to motivate staff
- Close cash equivalent
- Provides tax benefit to staff
Competitive package versus commercial broadcasters Rapid vesting increases competitiveness
Provides basic benefits comparable to commercial organisations