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.
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.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Tell us what you think about this story! Did it make you smile? Do you have any stories you want to share?