Huawei's 40,000 employees pay more than 10% in the first half

Shenzhen Special Zone News (reporter Wu) Huawei more than 40,000 employees in the first half of the average wage rose 11.4%.　　The reporter learned from Huawei yesterday that the company will continue to raise wages in the second half of the year, with an expected increase of 5% to 10%. Salary increase for middle-level staff This is Huawei's first initiative to disclose employee salary increases, showing the company's trend towards openness and transparency. Chen, director of the company's vice President and Social Responsibility Committee, said Huawei was adhering to the concept of "struggling for the people" as part of fulfilling social responsibility.　　In the first half of this year, the salary is middle-level staff, mainly combined with performance assessment.　　He said Huawei would also continue to adjust its pay in the second half of the year, with a general increase in wages of 5% to 10% per cent, ensuring that the company's remuneration package is competitive. Huawei's latest 2010 CSR report shows that its staff composition presents the two trends of research and development leading and diversification.　　By the end of December 2010, Huawei had more than 110,000 employees from 150 countries and regions, with research and development staff accounting for about 46% of the total number of employees and sales and service personnel of 31%. The total number of expatriate employees is about 21700, and the local proportion of overseas employees has risen from 65% to 69%.　　Huawei is also open to foreign staff management positions, to achieve a diversified management team. Employee holdings share a hefty dividend the company's latest equity structure shows that its employees have an absolute holding position.　　Huawei Investment Holdings Limited is a wholly-owned shareholder of Huawei Technology Co., which has only two shareholders: the first is a trade union committee of Shenzhen Huawei Investment Holdings Limited, which holds a 98.58% per cent stake in the company, followed by Huawei's president, Ren, who holds the remaining 1.42% per cent. Huawei's latest shareholding in the election, a total of 61,359 employees to participate in the voting, the total number of qualified staff of 95.5%.　　According to this calculation, the total number of employees owned by Huawei is about 64250. Huawei's employee-holding system will allow ordinary employees to share the huge dividends of corporate development. The company 2010 Virtual Limited shares per share of the estimated 2.98 yuan, compared to the previous year's 1.6 yuan increase nearly one times, the value of net assets per share is expected to reach 5.42 yuan.　　This is the first time since 2001, Huawei has not retained a profit to complete the dividend, the internal said the move so that new staff shares, reflecting the human considerations. 2010 Huawei sales revenue of about 28 billion U.S. dollars, net profit reached 23.8 billion yuan, the world's second-ranking. Industry analysts, Huawei has at the end of last year deployed 80 wireless access network, including 28 LTE (4G) commercial network, access to 47 management services contracts, Huawei's global business is expected to achieve robust growth this year.