Lenovo CEO Hands $3.25M of Bonus to Staff

Copyright (c) 123RF Stock Photos
Copyright (c) 123RF Stock Photos

With Lenovo’s profits up nearly 16% last year, CEO Yang Yuanqing is once again distributing part of his personal bonus among company employees. Yuanqing will split approximately $3.25 million among 10,000 Lenovo employees, most of whom are located in China. The average $325 bonus payment is about equal to a month?s pay for the Chinese employees. This is the second year that Yuanqing has distributed part of his bonus to Lenovo’s employees. While other corporate titans have foregone compensation to aid their companies in time of trouble, Lenovo’s CEO sees his actions as an important reward to his workers.

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http://channelnomics.com/2013/09/03/lenovo-ceo-hands-3-25m-bonus-staff/