employee compensation

  • Yu Donglai of Pang Donglai Discusses Employee Compensation and Business Philosophy

    A recent interview with Yu Donglai, Chairman of Pang Dong Lai, reveals the company’s emphasis on high employee compensation. Yu believes that treating employees well leads to excellent customer service and sustainable growth. In 2024-2025, entry-level salaries averaged around 9,000 yuan monthly, while management and technical staff earned significantly more, averaging 700,000 yuan annually. Yu argues this “high-wage, high-benefit” model fosters a virtuous cycle, benefiting both employees and the company’s bottom line, projecting 1.5 billion yuan in net profit.

    2025年8月18日
  • Zedcor Inc. Grants Restricted Share Units

    Zedcor Inc. (TSXV: ZDC) announced the grant of 60,000 Restricted Share Units (RSUs) to its employees, effective August 14, 2025. This aligns employee incentives with shareholder value under the company’s 10% RSU/DSU plan. The RSUs vest incrementally over three years, with one-third vesting annually from the grant date. Investors should note the three-year expiration from the grant date. Zedcor provides tech-driven security solutions across North America.

    2025年8月17日
  • Pang Donglai Denies Claims of 5 Million Job Losses Due to Ecommerce

    Chinese retailer Pang Dong Lai has refuted online claims falsely attributed to them regarding job losses resulting from e-commerce decline. The company stated they never released content suggesting “If e-commerce collapses, 5 million people will lose their jobs.” They urged the public to verify information and avoid misinformation. Pang Dong Lai reported strong first-half sales of RMB 11.707 billion. Founder Yu Donglai announced ambitious 2025 targets focused on profits and employee compensation, indicating a commitment to talent retention.

    2025年7月31日
  • 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.

    2025年6月18日