Lenovo's CEO shares his $3 million bonus with employees again

For the second year in a row, Yang Yuanqing, computer maker Lenovo's CEO distributed his $3 million bonus to 10,000 junior level employees.  These employees are located in 20 different countries, but mostly (85%) in China.  The payout is about $325 which is a typical month's pay for a worker in China!

“He believes that he has the responsibility as an owner of the company, and the opportunity as our leader, to ensure all of our employees understand the impact they have on building Lenovo.”, said Gina Qiao, senior vice president of human resources at Lenovo.

This makes many people wonder... is Lenovo accepting applications for employment? :)

 

And that's what's good,

Jon

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Lenovo CEO gives away his annual bonus to employees

Yang Yuanqing, the CEO of the Lenovo computer company, has made 10,000 of his employee very very happy :).  Coming off their best year ever with a 73% jump in profit, Yuangling was awarded a $3,000,000 bonus.  Yes, that is $3 MILLION! Instead of buying a batmobile, he decided to give it all away to 10,000 lower ranked employees in Lenovo's office, call centers, and factories.  The compensation equated to about $314 per worker which is the equivalent to one month's salary for many Lenovo workers.

The employees at Lenovo know that they are appreciated!  Hopefully more CEOs will follow suit.  Thank you Yang Yuanqing - You have made Good News headlines!

 

Peace & Love,

Jon

 

- Thanks Mike for the story!

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