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Huawei giving employees bonus for coping with US sanctions

13 Novembre, 2019, 14:10 | Auteur: Auguste Feret
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"Upon approval by the company's president, a special dedication award will be paid". The second half of the year is also looking promising with the Mate 30 series breaking barriers despite the United States ban which ensured the sleek smartphone shipped with official Google Services. It will also double pay this month for nearly all its 190,000 workers, a company spokesman said.

The memo also revealed that the bonus will be distributed to all active employees of Huawei and its direct subsidiaries with a performance rating above C and no information security violations.

Despite Huawei's grievances with the US administration, the company's sales increased 24.4% over a year earlier in the first nine months of 2019.

Company recruiters have also approached senior journalists from several foreign media companies such as Reuters, Bloomberg and US newspapers, with offers of pay packages in excess of $200,000 for public relations director roles, Nikkei Asian Review has learned. In addition, Huawei's full 180,000-member workforce will receive an additional month's salary. Huawei had not responded to a request for comment at the time of publication.

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The privately-held company last month reported revenue of 610.8 billion yuan (US$86.8 billion) for the nine months ended September 30, saying it had secured more than 60 commercial 5G network supply contracts.

The bonuses are to "thank you for your efforts" since the announcement of USA sanctions, the announcement said.

Huawei is paying its employees bonuses totaling more than $285 million as thanks for helping the Chinese tech giant cope with US sanctions that threaten its smartphone and other businesses.

Huawei's scale and domination of the 5G technology that is the backbone of next-generation mobile communications networks and artificial intelligence applications, have always been a USA concern. Those units have been most affected by efforts to overhaul Huawei's products. A possible deal on Huawei could be addressed in negotiations between the US and China over the tariffs. This year, the growth rate of its home city Schenzen has fallen to its slowest level in 40 years, underlining the impact of the Washington's actions against the company and China more broadly.

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