Lenovo CEO Shares $3 Million Bonus With Workers 169
hackingbear writes "Yang Yuanqing, founder and CEO of Chinese PC maker Lenovo, will share $3.25 million from his bonus with some 10,000 staff in China and 19 other countries. 'Most are hourly manufacturing workers,' Lenovo spokeswoman Angela Lee said. 'As you can imagine, an extra $300 in a manufacturing environment in China does make an impact, especially to employees supporting families.' In its annual review last year, Lenovo raised Yang's base pay to $1.2 million and awarded him a $4.2 million discretionary bonus and a $8.9 million long-term incentive award. Yang owns 7.12% of Lenovo's shares, equivalent to about $720 million in stock."
Re:Philantropy (Score:5, Funny)
Actually all the empirical evidence seems to point to it being harder.
Re:Philantropy (Score:5, Funny)
Just sayin'
Say or say not. There is no just.
What is he a communist? (Score:4, Funny)
He's giving part of his bonus to be distributed to his workers? That's the path to socialism!