Menu
Business

CEO gives his $3m bonus to workers

Lenovo's Yamato Lab and CEO Yang Yuanqing
Lenovo's Yamato Lab and CEO Yang Yuanqing lenovo.com

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



RSL hosting essay competition

WELL DONE: Previous essay competition winner Colbie Cameron with former RSL Sub-branch president Kevin Jones OAM.

Question asks why is Anzac Day important?

Rebels real-life warrior on the mend after surgery

AT LEFT: South Grafton Rebels captain Grant Stevens runs into a Matt Cheeseman tackle against the Coffs Harbour Comets during the 2017 Group 2 season. ABOVE: Stevens knee after the successful surgery this week.

After putting up with pain for years, Stevens forced into surgery.

Firies go west to battle blaze

PITCHING IN: Peter Cram and Daryl Watt from the Glenreagh Rural Fire Service have joined crews west of the Great Dividing Range to fight an out of control bushfire in the Pilliga State Forest south of Narrabri.

Clarence Valley RFS help to battle blaze

Local Partners