Insights For Success

Strategy, Innovation, Leadership and Security

Lenovo CEO distributes his $3M bonus to employees

ManagementEdward KiledjianComment

Most tech company CEOs are accustomed to receiving large multimillion dollar salaries just for showing up to work. In extreme cases, some CEOs have received huge paydays while their company tittered on the brink of bankruptcy and employees faced huge layoffs.

Imagine my surprise when I learned that Yang Yanqing, CEO of the very successful Lenovo, decided to breakup his $3M supplemental performance bonus into 10,000 small chunks and award it to his lower level employees (line workers, assistants, etc).

This is a fantastic show of loyalty to his employees.

 

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