The average annual salary of employees is one million, and Tencent and Alibaba are at a disadvantage. Why do senior executives frequently leave?

What methods can be used to retain talents? This is a question that every business owner is thinking about. Of course, the talents mentioned here are the kind of people who can really contribute to the company, not those who come to get a salary to get by. As the saying goes, it is easier to do things if you have money, so There is an international practice of using money to retain people, and there is such a company in China whose average annual employee salary has reached one million.

Are you surprised when you heard this number? A company with an average employee annual salary of one million is very rare in the world. In fact, this is not bragging. This company is Huawei, which everyone is very familiar with. The person who founded this company is called Ren Zhengfei. At present, He is the controller and founder of Huawei. In order to make Huawei's talents willing to work harder, Ren Zhengfei can be said to be sincere in terms of salary.

After all, Ren Zhengfei also knows that it is very difficult for ordinary employees. The company was also very difficult in the development process back then. When he went to Europe and the United States to discuss business, he even faced more than 10 people who could only Living in a hotel, because the company's funds are seriously insufficient, Ren Zhengfei, who knows the pain of not having money, also knows that everyone needs money, so he has become one of the companies with the best employee benefits in the world.

For Huawei’s old employees, not only are their salaries reaching millions, but Ren Zhengfei has also gone to great lengths to retain employees. Some employees who have worked for a long time usually hold 10% of Huawei’s stocks. If the company's market value increases, they will also benefit, otherwise they will suffer losses, so everyone works extra hard, and Ren Zhengfei has given out a lot of these stocks. Many employees can even directly distribute millions of stocks. You can develop resource stocks, and your annual salary reaches one million. Where can you find benefits from such a company?

Perhaps you think that after everyone arrives at Huawei, they will definitely be happy and never want to leave. In fact, there are indeed many people who are struggling to get into Huawei, but if people inside Huawei do not want to leave, , but this is wrong. Currently, many Huawei executives have chosen to resign. According to statistical surveys, the turnover rate has even reached more than 30%. These old employees who have worked at Huawei for so many years must have the best Welfare, and even a large number of company stocks, why did you leave Huawei without looking back?

Whether it is Tencent or Alibaba, although they are currently the most famous Internet companies in China, their wages and benefits are not as good as Huawei's. After all, no one is as courageous as Ren Zhengfei to make employees do what they want. The annual salary is one million, but compared with other companies, Huawei has one aspect that is particularly difficult for employees to accept. Ren Zhengfei himself once admitted this.

The pros and cons of wolf culture

Huawei will firmly implement a wolf culture. This is what Huawei himself said. He does not want any employees to be content with the status quo. If you slack off, you will be eliminated. This is Huawei's last elimination system. Even senior executives are no exception. Therefore, everyone is actually living under a high degree of pressure. Although they have received the best resource support, The average overtime hours are 4 hours longer than in ordinary companies. This kind of life is not acceptable to everyone, so for Huawei, it may not be possible to retain talents as long as it has money.

Does this do more good than harm to the company or does it do more harm than good? In fact, other people have discussed this issue a lot. Let me tell you about Oracle. Oracle is a large technology company in the world. Not long ago, Oracle eliminated a group of employees, and many of them had 10 years of working experience. Year-old employees suddenly killed such a large number of people. This is obviously not in line with Oracle's style. What is the reason for Oracle to undergo such a change?

Later, many domestic companies were overjoyed and wanted to accept these old Oracle employees. There were even many job fairs for Oracle employees. However, during the interview process, the interviewer discovered a It’s a very strange situation. These people may have been working at Oracle for more than 10 years. They should be very mature in programming and writing code. But in fact, the level of many people is as low as that of freshly graduated college students. No wonder Oracle will Knocked them out.

Why were they able to get into Oracle in the first place? In fact, this is the reason why the market environment was different from what it is now more than 10 years ago. Oracle has always provided better employee benefits and rarely resigned. At that time, the main popular system was the Symbian system, and these programmers wrote some Java After waiting for the program, they gradually became accustomed to this way of survival. Later, when Saipan was eliminated, they instantly became useless people.

To use a very vivid metaphor, brick-moving workers encounter intelligent robots that can move bricks, and then the foreman discovers that most of them are unable to do any other job except moving bricks. For these Oracle employees, they have always been content with the status quo and never thought about learning new system programming methods, which is why they finally ushered in such an embarrassing result. Obviously, Oracle's previous pension mechanism was not conducive to employee growth. It’s a blood exchange with the company, but can Huawei’s current wolf culture be beneficial to the company’s development in the long term? We can't be sure of these things now, let time prove everything.