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Huawei's mass manufacturing millionaires, 120,000 employees are expected to earn 1.1 million, proving that Ren is generous

According to media reports, Huawei will continue to implement stock dividends in 2021, and the average dividend of more than 120,000 shareholding employees is expected to reach more than 400,000 per person, plus their per capita compensation of more than 700,000, so it is estimated that the income of these 120,000 employees will exceed 1.1 million, becoming China's ultra-high income class.

Huawei's mass manufacturing millionaires, 120,000 employees are expected to earn 1.1 million, proving that Ren is generous

Industry insiders pointed out that Huawei's stock dividend is about 1.58 yuan per share, and the total share capital as of the end of 2020 is 34.7575 million shares, so Huawei's overall dividend is more than 50 billion yuan, and the number of employees held is about 121,000, with an average dividend of about 454,000 per person.

In addition, Huawei's 2020 results show that the cost of wages, salaries and other benefits reached 139.1 billion yuan, and the total number of employees was 197,000, so it is estimated that the average annual salary is as high as 706,000, of which more than 120,000 employees plus dividends will reach 1.16 million.

According to statistics, China's personal income tax payers are about 70 million people, the employed population is about 750 million people, and the personal income of more than 5,000 yuan needs to be taxed, if you add social security, provident fund, etc., it is estimated that the annual income of these 70 million taxpayers is about 100,000, and the proportion of these 70 million people in the employed population is only 9.3%.

The income of Huawei's 120,000 shareholding employees is 11 times that of this part of the personal income tax taxpayers, which naturally belongs to the top level in China; even if the other 70,000 employees who do not hold shares, their income is also 7 times that of the personal income tax taxpayers, which shows how high their income is.

Huawei's mass manufacturing millionaires, 120,000 employees are expected to earn 1.1 million, proving that Ren is generous

Huawei gives employees such a high salary, because it hopes that employees can work hard and continue to create achievements, its corporate culture is "customer-centric, strivers-oriented", in order to stimulate the subjective initiative of employees, so it has always insisted on tilting towards workers in terms of profit distribution to attract outstanding talents from all over the world to join.

In addition to giving employees high salaries, Huawei has also been very willing to invest in research and development, and the 2021 global R&D investment ranking released by the analyst agency shows that Huawei's R&D investment is as high as 125.7 billion yuan, ranking second in the world, and the R&D investment exceeds that of well-known technology companies such as Samsung and Apple.

It is to benefit from Huawei's high salaries to employees and win the investment of global talents, as well as ultra-high R & D investment, Huawei's patent application volume has ranked first in the world for many years, and the number of patent authorizations obtained in the United States has also risen steadily, in 2021 it has ranked fifth in the number of U.S. patent authorizations, and in 2014 it ranked among the top 50 U.S. patent authorizations for the first time, which shows how fast Huawei has made progress.

Relying on its advantages in technological innovation, Huawei has ranked first among global communication equipment manufacturers for many consecutive years, and once achieved the first place in the global mobile phone market in the smart phone market, in addition, cloud computing, server and other businesses have ranked among the top five in the world, which shows that attaching importance to talents and technological innovation has indeed brought it great returns.

Huawei's mass manufacturing millionaires, 120,000 employees are expected to earn 1.1 million, proving that Ren is generous

At present, Huawei is facing well-known difficulties, but it still does not forget to return its employees, so it is its willingness to give employees a high dividend, it is its willingness, many employees of Huawei will unite as one, overcome difficulties together, continue to work hard, rely on technological innovation, its founder Ren Zhengfei stressed that only continuous innovation makes the world inseparable from it, then it will continue to succeed.

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