Chasing CEO Yu Hao said that the year-end bonus can be as high as 20 months' salary.
On February 7th, Yu Hao, the founder and CEO of Zuomi Technology, responded to external doubts in a post, stating that the investment of tens of millions in a concert is equivalent to the company's daily research and development costs. Zuomi now has about 20,000 R&D management personnel, and the daily R&D investment is roughly 40 million. He also revealed that these days he is reviewing the year-end bonus proposals submitted by various business units. In the main business, the company distributes 18% of net profits as bonuses. "This is the cash part, without considering any usual benefits. The most profitable department can receive bonuses for up to 11 months, and the top individuals are expected to receive bonuses for up to 20 months!"
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