Yes, both CEOs and Lenovo are frequent targets of our posts. We generally mock CEOs for lavish pay even with dubious accomplishments, and Lenovo for a general inability to sell and support products that consumers seem to really like. Despite our branding them an anti-capitalist prank, the China-based electronics company has had a record year, and CEO Yang Yuanqing received a pretty nice bonus of $5.2 million. So he did something crazy that most of his counterparts in the US would probably never consider: he divided $3 million of that bonus up among 10,000 employees.
We're not talking 10,000 junior executives, either. The employees who received bonuses of 2000 yuan ($314) were apparently lower-level employees like secretaries and production line workers.
Is this a blatant PR move? Sure, most people reading this site are cynical enough to know that. But it's a kind and symbolic blatant PR move. It indicates that Yang and other Lenovo leaders know that the people who really make a company great are the ones who answer the phones and make sure the netbooks ship on time. And that a gesture like this would make even cynical jerks like the Consumerist editors say something nice about the company.
CEO gives part of his bonus to employees [CNN] (via Engadget)
by Laura Northrup via The Consumerist
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