Two Tencent executives, Ma Huateng and Martin Lau, and their annual salaries have been reduced.
According to Tencent's 2021 Annual Report released on April 7, Tencent CEO and co-founder Ma Huateng's annual compensation was 44.14 million yuan, down about 25% year-on-year. According to the data, in 2021, Ma Huateng's salary is about 7.33 million yuan, the bonus is about 35.52 million yuan, and there is also an income for the "retirement plan contribution", which is 110,000 yuan, the robe is 1.15 million yuan, and the total salary is about 44.14 million yuan, a year-on-year decrease of about 24.9%. According to the annual report released in 2020, Ma Huateng's total salary is about 58.74 million yuan, of which the total remuneration and bonus are about 57.45 million yuan.
Recently, Tencent Holdings released the fourth quarter and full year of 2021 financial report. According to the financial report, as of December 31, 2021, Tencent Group had 112,771 employees (2020: 85,858). Total cost of remuneration for the year ended 31 December 2021 was RMB95,523 million (2020: RMB69,638 million).
Based on this calculation, the average monthly salary of Tencent employees in 2021 is 70,600 yuan, compared with 67,600 yuan in 2020, an increase of 4.4% year-on-year; the average annual salary of Tencent employees in 2021 is 847,000 yuan.
After many netizens saw the annual salary of Martin Lau and Ma Huateng, they ridiculed that they had finally found the reason for Tencent's average annual salary of 847,000.
Source: Tencent annual report, public news