It was long-term compensation mostly, but base pay has gone up enormously as well.
Fred Carr, chairman of First Executive, agreed not to try to collect $10.7 million in long-term compensation yet.
Last year Mr. Wang's salary, bonus and long-term compensation came to more than $13 million.
Even excluding long-term compensation, the average chief executive received $965,000.
While the factory paid immediate medical costs, responsibility for long-term compensation lay with the local government labor bureau, which offered him a one-time settlement of $14,500.
That is because the guidelines exempt the vested portion of certain forms of long-term compensation from the excise tax.
And for the one assisting there can be long-term compensations.
And from Starr International last year, he received $10.1 million in long-term compensation and $50,000 in directors' fees.
That payment included his salary, long-term compensation and stock options.
Over a five-year period ending in 2005, the targeted value of the performance-based, long-term compensation is approximately $56.3 million.