employee compensation
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Liu Qiangdong Announces Significant Raises, Doubling Salaries for P5+ Employees in 18 Months
Richard Liu, JD.com’s founder, emphasized his commitment to employee compensation while acknowledging the industry’s demanding work environment. He highlighted significant salary increases over the past 18 months, with some employees seeing their income nearly double. Liu cited the example of delivery personnel in Beijing, whose average gross salary exceeds RMB 13,000, upon which social security and housing fund contributions are based. He reiterated the plan to keep raising cash compensation.
