IT Home March 24 news, today, Xiaomi Group issued an announcement that 4931 employees to grant about 174.9 million shares of Xiaomi shares. This is the biggest incentive for employees since the Xiaomi Group went public. The target of this incentive plan includes employees selected for the second phase of Xiaomi's "Entrepreneur Program" and other outstanding employees, which does not include company executives.
At the same time, Lei Jun, founder and CEO of Xiaomi Group, said that after recruiting 5,000 engineers last year, this year will continue to maintain this recruitment scale and recruit another 5,000 excellent engineers.
Xiaomi Group said in the announcement: "The company believes that an excellent and solid talent team is a solid cornerstone for long-term growth in the future. The company will continue to introduce and motivate outstanding talents to continuously improve the company's comprehensive capabilities in research and development and operation, ensure the continuous and vigorous promotion of the mobile X AIoT strategy, and continue to provide global users with 'touching people's hearts and generous prices' good products. ”
IT Home learned that Xiaomi just released its 2021 financial report the day before yesterday, with revenue of 328.3 billion yuan, an increase of 33.5% year-on-year; net profit of 22 billion yuan, an increase of 69.5% year-on-year; research and development investment of 13.2 billion yuan, an increase of 42.3% year-on-year. At the same time, Xiaomi Group also announced that it plans to continue to repurchase 10 billion Hong Kong dollars.
In addition to the normal stock incentives awarded annually to newly recruited talented individuals, Xiaomi's incentive actions in recent years include:
In February 2019, Xiaomi set up the "Million Dollar Technology Award", which has produced four award teams in the past three years, "Xiaomi Surround Screen", "MIUI Privacy Protection", "120 Watt Wired Second Rush" and "Xiaomi CyberDog", each team received a reward of 1 million US dollars, and the competition also produced dozens of finalist teams to win.
In July 2019, Xiaomi became the world's youngest Fortune Global 500 company, and in order to show its gratitude to its employees for their efforts, it distributed 1,000 shares to more than 20,000 employees. This is xiaomi's most widely covered employee incentive.
On July 2, 2021, Xiaomi awarded a total of 16.04 million shares of Xiaomi shares to 700 employees who were selected for the first batch of Xiaomi's "Young Engineer Incentive Program". The 700 engineers' work areas cover R&D, testing, product managers, materials process, cloud computing, operating systems, image tuning, interaction design and many other cutting-edge positions.
On July 6, 2021, Xiaomi announced the grant of 119.7 million shares of Xiaomi shares to 122 people, including technical experts, the first batch of inductees of the New Decade Entrepreneur Program, and middle and senior managers.