CEO gives his $3m bonus to workers

Lenovo's Yamato Lab and CEO Yang Yuanqing
Lenovo's Yamato Lab and CEO Yang Yuanqing

The CEO of Lenovo Yang Yuanqing has done something unusual among his CEO counterparts.

Yuanqing distributed his $3 million bonus among the company's 10,000 lower level workers.

ZDNet reports that, "the 'Yuanqing rewards' averaged out at 2,000 yuan, or $314, which is slightly less than a month's salary for many workers in China's technology manufacturing plants."

We think that this is an amazing gesture and gives us hope that there are still good CEOs out there who are doing their job for the benefit of the company not for their own personal gain.

Read more at Business Insider.

Topics:  ceo

Looking to sell your property? Post a Property online

Call 1300 136 181 or post your listing online now.

Join the Community.

Get your local news, your way.

Stay Connected

Update your news preferences and get the latest news delivered to your inbox.