For the second year in a row and in the true spirit of labor day, Yang Yuanqing, CEO of PC-making giant Lenovo, is sharing his $3.25 million annual bonus with 10,000 of his workers after the company posted a record $34 billion in revenue during the last fiscal year.

About 10,000 workers will get payments this month to recognize their contributions, Gina Qiao, senior vice president of human resources, said in a memo to some workers. The memo was confirmed by spokesman Jeffrey Shafer.

Many of those who will receive the payments, which will average about $325, are hourly employees toiling in low-level sectors such as manufacturing. While payments will be made to Lenovo's workers in 20 different countries, 85 percent of the recipients will be in China, where that sum constitutes about a month's pay for the typical city worker.

The cool part is...Yuanqing is personally funding the bonuses because he "believes that he has the responsibility as an owner of the company, and the opportunity as our leader, to ensure all of our employees understand the impact they have on building Lenovo."

That's a class act! Hopefully, other CEOs will learn from this and follow suit.

http://www.infonubia.com/2013/09/lenovo-ceo-gives-325m-bonus-to-hourly.html

hmmm!

albacete: hmmm!

Cool story, right?