Huawei employees paid an average of nearly 280,000 last year: 1/3 higher than domestic manufacturers
Source: Internet
Author: User
KeywordsHuawei employees last year
Huawei employees ' high incomes have been rumored in the IT industry. Last weekend, Huawei disclosed to the media for the first time, "the first half of this year, more than 40,000 middle-level staff wages have risen 11.4%, accounting for 36% of the total number of employees, the second half will continue to adjust the remuneration of senior staff, expected to increase the wages of 5%-10%." "The 1/3 Annual report of employees ' salaries is higher than that of domestic manufacturers, which showed that Huawei's 2010 sales revenue grew by 24%, while the cost of employees was 30.6 billion, up 23% per cent." Based on Huawei's 110,000 employees, the average employee's annual salary is nearly 280,000 yuan. In addition, Huawei last year to provide staff, including insurance, health care, such as the cost of spending amounted to 1.97 billion yuan. Huawei CSR (Corporate Social responsibility) Committee director Chen introduced, Shenzhen began to implement Housing Provident Fund system, this year, Huawei for employees to pay Housing Provident Fund, the cost of security will certainly be higher. For the recent spread of Huawei may want to pay a salary this year, Chen said this is only the company's products and solutions used in a management approach, so that employees have a sense of crisis, not really want to pay. "Huawei provides competitive remuneration packages to employees to enable them to live in dignity," Chen said. According to the external labor market changes, talent competition, combined with the company's operating conditions and staff personal performance, pay for timely adjustment. "Inside Huawei, there is a word from Huawei's president and founder Ren that" will not let Lei Feng suffer. " Reporters from a number of equipment and terminal manufacturers understand that Huawei employees generally pay more than domestic manufacturers pay one-third or so, no less than international manufacturers. Dividend and performance directly related to Huawei's salary structure by the salary + Bonus + equity dividend composition. In the early days of its inception, Huawei adopted a full shareholding approach to attract talent. It is reported that Huawei has two major shareholders, one is to replace the employee-owned Shenzhen Huawei Investment Holdings Limited trade union committee, the shareholding ratio is 98.58%. Another shareholder is a natural person, Ren, with a shareholding ratio of 1.42%. But Huawei has never disclosed its total equity. Huawei currently has 110,000 employees, of whom more than 65,000 are in stock. It is understood that in the past five years, Huawei's performance has achieved more than 24% growth each year, the profit is more than 50%, operating activities generated cash flow also increased by more than 49% per annum. This ensures that employees receive an extremely high dividend each year, with a dividend of 2.98 yuan per share last year. "After the annual dividend, there will be a lot of good cars in the garage," said one Huawei employee. "" After the employee shares, it is tied to the interests of the enterprise, share the return of the enterprise development, personal goals and corporate goals to reach agreement. "Chen said. However, Huawei has a fairly strict remuneration system and cannot guess how much its salary and shares are based on the number of years the employee has entered the job. According to Huawei employees, the new employees after entering the company 2 years, if the performance is outstanding, can join the employee shareholding plan, voluntarily buy the company according to the performance and level of a certain amount of stock, thereafter the annual publicDivision according to the performance of the allotment. As dividends are directly related to performance, the reporter also learned from Huawei that dividends could also be lowered if Huawei's overall performance growth is not strong. Newspaper reporter Zhao
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