Friday, July 20, 2012

Lenovo CEO gives $3 Million of his bonus to 10000 employees

lenovo
It was announced this week that Lenovo's CEO, Yang Yuanqing, has elected to give $3 million of his yearly bonus to a large number of his company's employees. It's not like he can't afford to do it, he earned a total of $14 million for the year adter all, so why not make some eployees happy and boost morale?

According to a report by CNN, Yuanging earned $5.2 million in bonuses for Lenovo's fiscal year that ended in March. That includes a $3 million bonus for achieving a large profit increase for the company in the last fiscal year, with profits up 73 percent compared to the same period a year ago. The $3 million Yuanging decided to give to 10,000 Lenovo employees, means that each of them will get an extra $314 in their pay checks.

2 comments:

  1. He should have given 13.5 of his 14 million to the employees. half a million is enough for everyone.

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  2. You sound like Obama. It's not up to you how much is enough you communist.

    ReplyDelete