The One Behind It All Chapter 65

In 2000, when Huawei went to Nankai University for recruitment, it promised "a monthly salary of no less than 4,500 yuan." According to a Huawei employee, the salary situation in 2002 was: 5,000 yuan/month for undergraduate graduates and 6,000 yuan/month for graduate students. Another information stated that as early as 2000, the monthly salary of employees with a bachelor's degree was 7,150 yuan, and there was a bonus of 100,000 to 160,000 at the end of the year; a double bachelor's degree was 7,700 yuan/month, a master's degree was 8,800 yuan/month, and a doctorate was 10,000 yuan. Yuan/month. This level is about 15% to 20% higher than that of ordinary companies in Shenzhen.

A Huawei employee who resigned said: "Huawei is indeed very interesting to technology developers. When I first joined the company in 1995, they offered a monthly salary of 6,500 yuan, which later gradually increased to 12,000 yuan, plus other Subsidy, the amount he received was even higher. "After completing all the resignation procedures, he unexpectedly found that he also received a large year-end dividend. He was surprised and "almost regretted leaving Huawei."

In 1996, Huawei hired a group of "returnees" with an annual salary of US$100,000 to engage in technology research and development. For an engineer engaged in chip research and development, Huawei offered an annual salary of US$400,000. After he arrived, Huawei found that he had greater value and immediately raised the salary to US$500,000.

In October 1998, ZTE and Huawei held a recruitment "battle" at Tsinghua University. In mid-October, ZTE was supposed to come first, but the hospital leaders did not agree, so they had to hold a "meeting meeting" first.

ZTE came back in November, and Huawei had the upper hand. It turns out that Huawei "killed" the company on October 27, using high salary as bait and "latecomers prevailing". Nine out of ten people who originally signed contracts with ZTE switched to Huawei.