Huawei 40,000 grass-roots staff pay 11.4% salary increase for the remainder of the second half

Source: Internet
Author: User
Keywords Huawei employees second half
Huawei invested 1.97 billion yuan for employee protection in 2010. The photo is a recent photo of the Huawei employee dormitory Paraquat. Information picture "Shenzhen Business News" (reporter Chen Yu) Huawei CSR Committee director, Chen, vice president of the process and IT management, said in an interview with the Shenzhen business newspaper that the first half of the company's more than 40,000 grassroots staff pay an average salary of 11.4%, the second half will be the rest of the staff's pay adjustment, is expected to rise to 5%~10  %。 In the IT industry, Huawei has always been favored by job seekers for high wages. But the company's internal staff income is extremely confidential, the staff are not aware of each other's income, not to talk about this topic in the corporation has become unwritten rules. In January this year, Huawei announced that the 2010 virtual Limited share dividend per share of the estimated 2.98 yuan, all cash dividends, compared to 2010 per share of cash dividends 1.6 yuan, value-added nearly one times. Even some people say, "Many Huawei employees can use dividends to buy a Mercedes-Benz or BMW."  The matter was once a topic of relish in the industry. Huawei has launched a highly competitive compensation system in its 2010 CSR report, which has been unveiled by Huawei. According to Chen, the income of Huawei employees is divided into basic wage, bonus and equity incentive three parts, of which the basic salary is 12 months per month to distribute. Employee bonus payments are based on the employee's personal responsibility, performance, and major completion of the project, as well as consideration of the overall remuneration package. The Huawei Human Resources department regularly reviews payroll data and adjusts staff remuneration based on review results and company performance to ensure that the program is balanced in terms of market competition and cost. "We will adjust the salary according to the external labor market change, the talent competition condition, and the company's operating situation and the employee's personal performance."  "Chen said. Chen that this year, in the context of the macroeconomic situation is not very optimistic, taking into account the rising prices and other factors, Huawei still introduced a pay rise. "In the first half of this year, we made adjustments to the wages of the primary and middle level employees, with an average increase of 11.4% per cent, covering more than 40,000 employees." In the second half of the year we will continue to adjust the remuneration of other employees, the expected wage increase of 5%~10%. "It is understood that Huawei has also repeatedly raised salaries for employees, the annual increase is different, but in 2002 it bubble, business closures during the exception of the tide." At the same year, Huawei's grassroots employees did not adjust wages, and the top level voluntarily applied for a 10% cut. "The overall income of Huawei's employees is competitive in the industry," he said.  Chen said, because of this reason, Huawei staff turnover rate is not high, has been maintained in 6%~8%. It is understood that the current Huawei global staff of 110,000 people. The company's annual report shows that Huawei's 2010 sales revenue of about 185 billion yuan, the employee costs of about 30.6 billion yuan, including wages, salaries and other welfare expenses of 25 billion yuan. In 2009, the three figures were $149.1 billion, 24.8 billion yuan and 21.1 billion yuan. Huawei said in its CSR report that in order to protect the safety and health of its employees, Huawei invested 1.97 billion yuan in 2010 for employee protection.  Chen refers to the increase in staff, Shenzhen, the implementation of Housing Provident Fund system, and other reasons, this year the number will be further improved. Reporter in the interview learned that this year, the Shenzhen Big enterprises in the public pay raise information and Tencent. In a letter to employees in April, Ma said that this year will increase the strength of staff pay, in addition to the company's performance and personal performance and other factors linked to the increase in domestic CPI increases and other factors are also taken into account. According to the calculation, the employee's actual monthly salary before the salary increases by 9.3%. At the same time, this year, the establishment of "Tencent Housing Fund", proposed in 3 years to invest 1 billion yuan, for the first time to buy Tencent official staff to provide a certain amount of interest-free housing loans. Tencent told reporters yesterday that the details of "Tencent's housing fund" have yet to be released.
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