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Is Huawei's salary really as high as the legend?

Huawei's salary is really high, but its requirements for employees are also high. First of all, you must meet certain standards technically. In fact, your loyalty and dedication to the enterprise must be impeccable. The so-called high salary requires high pay.

Huawei's 217 annual report data shows that the employee expenses in 217 were * * * 14.285 billion yuan. The annual report does not give an exact total number of employees, but only says in general terms that "there are about 18 thousand employees" According to the calculation of 18, employees, 14.285 billion employees' expenses are equivalent to 779,4 yuan per capita, which is close to 8, yuan.

The saying that Huawei's per capita income is widely circulated on the Internet is that the per capita income is 6,. The figure I calculated is much higher. This difference may be caused by different calculation calibers. According to the data of Huawei's annual report, "employee expenses" includes four parts: wages, salaries and other benefits of 16.851 billion yuan, and the time unit plan is 17.155 billion yuan.

defined benefit plans has 3.665 billion yuan and a fixed contribution plan of 12.614 billion yuan. Time unit plan is a profit sharing and bonus plan based on employee performance implemented by Huawei. Defined benefit plans and the defined contribution plan are retirement plans. It is estimated that online figures only consider wages, salaries and other benefits, but not bonuses and retirement plans.

1. The income of Huawei employees is also very high in the United States

American law requires listed companies to disclose the median total income of employees in their financial annual reports after January 1, 217. There is a table on the website of The Wall Street Journal, which contains data of 1111 companies. These data come from companies in the S&P 5 index, S&P 4 index and S&P 6 index that have announced their employee income by the end of April 218.

according to the exchange rate of 6.51 USD against RMB at the end of 217, Huawei's per capita income of 779,4 RMB is equivalent to 119,7 USD. Among the 1,111 American companies we counted, the US$ 119,7 is higher than 952 of them, but lower than 159. The per capita income of Huawei employees is higher than the median income of Goldman Sachs and Morgan Stanley.

when we talk about Huawei, we are talking about the average, while when we talk about American companies, we are talking about the median. The median refers to the income of the employees in the middle. The average is easily influenced by a few people with very high incomes, while the median is not. Generally speaking, the median is lower than the average. Our comparison between Huawei and American companies above is a bit unfair to American companies.

Huawei has not published the median income of employees, and American companies have not published the average. We can't analyze the influence caused by median and average. However, according to my personal experience, the median number of employees in Huawei is likely to be significantly lower than the average. It is hard to say whether it is 2% or 5%. But in any case, the per capita income of Huawei employees is still very high.

Second, we are making rapid progress, but the distance between us and China is still huge

Compared with an ordinary enterprise, the per capita income of Huawei employees is obviously much higher. In 217, the per capita income of our national residents was less than 3, yuan. It should be pointed out that Huawei's business covers more than 17 countries and regions around the world, 18, employees have more than 16 nationalities, and the localization ratio of overseas employees exceeds 7%.

we don't know where the overseas employees of Huawei are mainly located. If it is mainly in a more developed economy, will the treatment be higher than that of employees working in the mainland?

Third, the competition for high-end talents is global

In the final analysis, scientific and technological progress depends on talents and the mechanism of cultivating talents, attracting talents and utilizing talents. Income is not the only factor, but it is the most important factor. In recent years, China has made great efforts and achievements in talent introduction, whether it is universities, other scientific research institutions or enterprises. The number of domestic students studying abroad is huge.

At present, it is basically difficult to find a department or research team without China people. This is a large pool of talents. There are many big cities in our country, which is suitable for talent gathering; But the cost of living is rising a little too fast.