Alibaba's Cainiao Initiative to Double Year-End Bonuses for Boosting Morale
Wednesday, 27 March 2024, 09:30
Alibaba's Cainiao Initiative
E-commerce logistics giant, Cainiao, has announced an entrepreneurial incentive plan to enhance employee morale following the canceled IPO. As part of this initiative, the year-end bonus pool for the financial year ending March 31, 2025, will be doubled.
Key Points:
- Year-end bonus doubled to boost morale
- Introduction of 'entrepreneurship incentive plan'
- Commitment to employee satisfaction
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