(2022) Over 63,000 dollars per capita even at hard time! Annual dividends for Huawei employees!

#Huawei#team incentive system#business operation#salary system#Ren Zhengfei

Over 63,000 dollars per capita even at hard time! Annual dividends for Huawei employees!

"If you have provided plenty of money, everyone will become a talent. " It is the emploment philosophy of Ren Zhengfei, the founder of Huawei. On February 7, a number of Huawei insiders revealed that in 2021, although Huawei is still in a difficult period and its annual revenue has dropped by nearly 30%, Huawei will still spend more than 50 billion yuan to share dividends for its shareholding employees, and the per capita dividend of employees exceeds 400,000 yuan, which is equivalent to nearly 63,000 dollars. Many people may have questions like, is it really necessary to distribute so much dividends at this hard time? Is is more reasonable that Huawei pays less money and keep more money in its hands to avoid the risk in the future? Behind the high dividend shares, what is Huawei's management wisdom?

For reasons known to all, Huawei has had its toughest year since its founding in the past year. Guo Ping, the rotating chairman of Huawei, disclosed that the annual sales revenue in 2021 is expected to be about 634 billion yuan, a year-on-year decrease of 29%, which is more than 250 billion less than that in 2020.

A management analyst said that Huawei dividends are the key to stabilizing the morale of staff. Huawei, who is in predicament, can survive largely because of the unremitting struggle of Huawei people, and the root of this struggle is also derived from the top-level design of this team incentive system.