We often come across articles where it is stated that a CEO of a big company received X amount of dollars as a bonus, which is usually more money than most of us will see in a lifetime. Lenovo’s CEO, Yang Yuanqing, was recently handed that bonus, $5.2 million to be exact, but what makes this particular story different from the rest is that instead of keeping it all for himself, the CEO decided to hand out $3 million from his bonus to 10,000 junior-level employees. So what constitutes as a junior employee? Well according to reports, this includes receptionists, production-line workers and assistants to name a few – basically employees who might have to work long hours and who might not be making as much as their managers or higher level executives. In an environment where you read about execs who might not deserve their huge bonuses and who are arrested for financial fraud and the likes, it is pretty heartwarming to read about a CEO put his bonus to good use!
Filed in Lenovo.
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