Restoring faith in humanity, Lenovo CEO Yang Yuanqing has distributed his bonus check to almost 10,000 junior level employees.
The company posted a great quarterly earnings report in May, and the exec was given a $3 million bonus for his work and the performance.
Rather than pocketing the money, however, the CEO paid checks of $314 to almost 10,000 production-line workers, assistants and receptionists. The average monthly salary for most of these employees ranged from $350-$450, so the bonus check was significant.
Not to take anything away from the CEO's outstanding gesture, but Yuanqing did earn over $14 million last year for his position (with bonuses).
Regardless, it is great to see an exec giving money back to the employees that help him earn it.
Rather than pocketing the money, however, the CEO paid checks of $314 to almost 10,000 production-line workers, assistants and receptionists. The average monthly salary for most of these employees ranged from $350-$450, so the bonus check was significant.
Not to take anything away from the CEO's outstanding gesture, but Yuanqing did earn over $14 million last year for his position (with bonuses).
Regardless, it is great to see an exec giving money back to the employees that help him earn it.
