Lenovo CEO Gives His $3M Bonus To 10k Workers

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Lenovo CEO Gives His $3M Bonus To 10k Workers

Posted by Soulskill on Friday July 20, 2012 @08:09AM from the what's-the-opposite-of-a-golden-parachute dept.

ndogg writes "Lenovo CEO Yang Yuanqing has decided to give his $3,000,000USD bonus to his workers instead of keeping it. Those 10,000 employees include receptionists, production line workers, and assistants. That works out to about 2,000 yuan or $300 per employee, which is about a month's worth of salary."

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Bloody communists! by Anonymous Coward · 2012-07-20 08:12 · Score: 5, Funny

Capitalism FTW! Boycott Lenovo.
1. Re:Bloody communists! by spidercoz · 2012-07-20 08:17 · Score: 5, Funny
  
  Yeah, how dare they make our decent, god-fearing capitalist CEOs look like money-grubbing scum.
  
  --
  "I disapprove of what you say, but I will defend to the death your right to say it." - Evelyn Beatrice Hall, re Voltaire
2. Re:Bloody communists! by tmosley · 2012-07-20 08:25 · Score: 4, Funny
  
  Yeah, how dare they make our decent, self-styled godly fascist CEOs look like money-grubbing scum.
  
  FTFY.
3. Re:Bloody communists! by organgtool · 2012-07-20 08:27 · Score: 4, Funny
  
  Agreed! How can they expect their country to become successful if they don't proliferate the idea of only rewarding the people at the top? If they keep up this shit, the money will never trickle down!
4. Re:Bloody communists! by Anonymous Coward · 2012-07-20 08:35 · Score: 4, Funny
  
  Yeah, how dare they make our decent, god-fearing capitalist CEOs look like money-grubbing scum.
  Yeah! Our CEOs can do that perfectly well THEMSELVES, thank you very much!
5. Re:Bloody communists! by spidercoz · 2012-07-20 08:55 · Score: 5, Funny
  
  only because charitable donations are tax-deductible
  
  --
  "I disapprove of what you say, but I will defend to the death your right to say it." - Evelyn Beatrice Hall, re Voltaire
Re:Damned if you do.. by Anonymous Coward · 2012-07-20 10:20 · Score: 5, Funny

In Capitalist US, false dichotomy flogs you!
Melbourne Boss gave out 15million by Anonymous Coward · 2012-07-20 13:22 · Score: 2, Funny

An Aussie boss gave out 15million to his employees when he sold his company, some of his bus drivers got up to $30000 and the average was $8500.
http://www.news.com.au/business/meet-victorias-best-boss-who-gave-his-loyal-staff-a-15m-bonus/story-e6frfm1i-1226258897821
It's not that uncommon, maybe if we start treating this as the norm rather than the greedy CEO image ridiculous CEO bonuses could be better distributed in future.