One of Huawei's core values is Inspiring Dedication. To live this core value, we encourage employees to hone their expertise, and at the same time we offer them the support they need to realize their individual value. We provide both monetary and non-monetary incentives to promote employee well-being.
Huawei has a highly competitive compensation system. We have established long-term partnerships with consultancies (e.g., the Hay Group and Mercer), regularly surveyed compensation data, and promptly adjusted employee compensation based on survey results, corporate performance, and individual performance. There is no gender bias in our compensation standards.
We employ a "Contribute and Share" bonus distribution system, which links employee bonuses to corporate, departmental, and individual performance. In line with our corporate compensation policy, we review the bonus distribution plan each year and revise it as necessary. In 2016, we continued implementing the Time-based Unit Plan (TUP) worldwide, granting time-based units to employees so they can share in the benefits of Huawei's growth. This long-term incentive mechanism aligns employees' personal contributions with the company's long-term development, thus enabling Huawei's continuing success.
We have implemented an effective employee benefits system, which acts as an umbrella to protect our employees. Employee benefits include three parts: social insurance, commercial insurance, and medical assistance. Apart from mandatory insurance plans, we offer every employee global accident insurance, critical illness insurance, life insurance, medical insurance, and business travel insurance, as well as other forms of commercial insurance. We have also implemented medical assistance mechanisms to protect our employees under special circumstances. By combining these three types of employee benefits, we are able to offer sufficient benefits to protect employees from trouble and difficulty.
Natural disasters, critical illnesses, and deteriorating safety situations in certain regions could have considerable implications for employee health and safety. Huawei regards employee safety as a top priority, at all times and under all circumstances. We convey this principle to our employees, and have collaborated with international insurance companies and emergency rescue institutions to offer 24/7 employee healthcare services all over the world. In the event of an emergency, we waste no time in rapidly taking action. For employees suffering from critical illnesses or accidental injuries, we help them and their families address financial concerns and mental pressures. Employee care is an integral part of our corporate obligations.
Employee health and safety is always our top priority, and we have established a comprehensive employee benefit system. In 2016, we built multiple iHealth Centers where leading healthcare service providers offer our staff convenient access to specialized basic services.
In April 2016, we launched an iHealth Center in our Beijing Research Center, on a pilot basis, to provide the following services:
- Consulting: customized one-on-one health guidance, disease tracking, and intervention;
- Emergency treatment: providing first aid for emergency cases before the patient is taken to hospital, and offering first aid training and drills;
- Health awareness: spreading healthcare knowledge
iHealth Centers opened in our research centers in Nanjing, Shanghai, Hangzhou, Wuhan, Chengdu, and Xi'an in November 2016, serving approximately 70,000 employees.
iHealth Center at the Wuhan Research Center
iHealth Center at the Xi'an Research Center