Home  Contact Us
  Follow Us On:
 
Search:
Advertising Advertising Free Newsletter Free E-Newsletter
NEWS

JD.com to cut executive salaries by 10%-20%
Published on: 2022-11-23
Share to
User Rating: / 0
PoorBest 

JD.com Inc. is cutting executive salaries by 10% to 20% in a bid to improve employee benefits amid China’s increasing emphasis on wealth equality.
 

JD said the decision will affect the salaries of around 2,000 managers, with steeper cuts for higher-level executives. The cuts, expected to take affect from 2023, would “improve ground-level employees’ benefits” and “alleviate pressure on the company,” JD said in an internal letter. The memo first circulated on Chinese social media on Tuesday.
 

JD said executive salaries could recover to their current levels if the company’s earnings resume high growth in two years.
 

In the same letter, the company said it will set aside 10 billion yuan to set up a housing security fund for employees, and JD’s billionaire founder Richard Liu will donate 100 million yuan of his own money toward staff welfare. JD will also expand social security coverage to more workers and contractors, it said.
 

京东副总监以上高管降薪10%-20%

11月22日,京东集团创始人、董事会主席刘强东发布了一封京东全员信,要对员工和高管待遇进行“一升一降”。
 

信中内容主要包括,自2023年1月1日起,逐步为十几万德邦的兄弟们缴齐五险一金。同时,刘强东本人再捐款一个亿人民币,集团以及各个BGBU也会拿出一定比例的现金,大幅扩充“员工子女救助基金”的规模。
 

另一方面,为了提高基层员工福利待遇,同时尽量减轻公司压力,集团决定自2023年1月1日起,京东集团副总监以上以及相对应的P/T序列以上全部高级管理人员,现金薪酬全部降低10%-20%不等,职位越高降得越多。
 

值得一提的是,京东还要拿出100亿元设立住房保障基金。“集团拿出100亿元人民币,为包括全体德邦兄弟们在内的所有集团基层员工设立‘住房保障基金’,这是循环无息贷款基金,意味着未来十年,集团累计投入资金总额高达数百亿人民币。”刘强东说。

Comments (0)Add Comment

Write comment

security code
Write the displayed characters


busy
    Subscription    |     Advertising    |     Contact Us    |
Address: Magnetic Plaza, Building A4, 6th Floor, Binshui Xi Dao.
Nankai District. 300381 TIANJIN. PR CHINA
Tel: +86 22 23917700
E-mail: webmaster@businesstianjin.com
Copyright 2022 BusinessTianjin.com. All rights reserved.