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 1 year ago by [email protected] to c/[email protected]

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[-] [email protected] 18 points 1 year ago* (last edited 1 year ago)

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

[-] [email protected] 8 points 1 year ago

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

[-] [email protected] 6 points 1 year ago

Nice, thanks!

this post was submitted on 29 Mar 2024

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