Huawei CFO Cathy Meng presents the company's results in Beijing.
Huawei , a competitor to Cisco in the routers business and Samsung in the handset business, had an excellent 2012.
Profits rose 33 per cent to 15.4 billion yuan, about $2.4 billion, according to Sina.com's English language site.
And now, 81 per cent of that money is going to employees.
The company just announced it will pay $1.9 billion in bonuses to many of its 150,000 employees.
That averages out to $12,000 per employee, but most of the money will go to "level 3" executives and higher.
Are these the world's most generous bosses? Photo: AAP
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5 Comments
Love to see the banks do this for their customers who make them sooooo much money!
ReplyIF AUSTRALIA is To Become a SUCCESSFULL NATION,FIRSTLY THEY HAVE TO GET RID OF " LEECHES " CORRUPT POLITICIANS "............? STARTING WITH THE " PM "
ReplyWHATS Wrong With Sharing your FORTUNE with LEVEL 2 & BELOE EMPLOYEES....They are THE PESANTS THAT DO ALL the FU##ING WORK
ReplyTry living in Vietnam a few getting rich at the expense of its people Graft is out of control at all levels Communist society to
1 ReplyWhen is the world going to realize that the Chinese are getting very rich at the expense of the rest of the world. So much for a communist society!
6 Replies