Huawei distributed RMB$77 billions bonus to 140,000 employees, an average of RMB$54,000 per employee

☆ Yσɠƚԋσʂ ☆@lemmygrad.ml · 9 months ago

Huawei distributed RMB$77 billions bonus to 140,000 employees, an average of RMB$54,000 per employee

the_post_of_tom_joad [any, any] · 9 months ago

54,000 RMB = 7,500 USD for anyone curious.

9 months ago

was it distributed evenly?

(also: 77bn / 140k would be 55k per employee, so the total bonus and/or or the number of employees was probably rounded down)

☆ Yσɠƚԋσʂ ☆@lemmygrad.ml · 9 months ago

Not sure how the payout structure works in their coop.

normal_user@lemmygrad.ml · 9 months ago

Wow. I didn't know Huawei was a coop so I made some research and it's actually pretty cool.

Also found the stupidest NYT article of all time Who Owns Huawei? The Company Tried to Explain. It Got Complicated. .

The title doesn't make sense when they literally explain just a very normal workers coop at the end of the article:
"Shares of this virtual stock let employees share in the company’s financial success (and its losses). And they entitle their holders to elect members to Huawei’s Representatives’ Commission, which in turn elects members of the board of directors."