Monday, July 23, 2012

CEO Gives Away $3 Million of His Bonus



These days it seems the news is rife with corrupt CEOs for whom money is the only goal but one man is breaking the mold in a big way. CEO Yang Yuanqing of Lenovo was given a $5.2 million bonus for his work with the company. Instead of spending the money on himself, however, he gave $3 million of it right back to the people who work for him. The cash bonuses were handed out to 10,000 junior-level employees including receptionists, line workers, and assistants instead of the managers who make more than them and work less. It is a selfless gesture that means a lot to those who benefitted. It's a nice change we'd like to see more CEOs take to heart.

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