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GrainEater@lemmygrad.ml

Avg. company-wide compensation at Huawei was ~$122k last year. If we adjust for cost of living in Shenzhen to Palo Alto, this is equivalent to making $372k/yr. (twitter.com)

submitted 7 months ago by yogthos@lemmygrad.ml to c/china@lemmygrad.ml

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[–] yogthos@lemmygrad.ml 18 points 7 months ago* (last edited 7 months ago) (2 children)

Huawei is run using cooperative structure and it's entirely employee owned:

Huawei is 100% owned by 142,315 current employees and retired beneficiaries as of December 31 2022. Founder Ren Zhengfei’s investment accounts for nearly 0.73% of the Company’s total share capital.

https://www.huawei.com/en/media-center/company-facts

there's also an older study on how profit sharing works in the company https://hbr.org/2015/09/huawei-a-case-study-of-when-profit-sharing-works

[–] sharkfucker420@lemmy.ml 8 points 7 months ago

On god?!?!? Thats dope af, ill look into it

[–] acabjones@lemmygrad.ml 6 points 7 months ago

Nice, thanks!