Alibaba's Cainiao Initiative to Double Year-End Bonuses for Boosting Morale

Wednesday, 27 March 2024, 09:30

Alibaba's logistics unit Cainiao is set to double the year-end bonus for employees with an 'entrepreneurship incentive plan.' This move comes after the scrapped IPO, aiming to boost morale within the company. The bonus pool for the financial year ending March 31, 2025, will see a significant increase.
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Alibaba's Cainiao Initiative to Double Year-End Bonuses for Boosting Morale

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

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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