New Delhi: A Chinese IT start-up WiFi Master Key (our translation), a startup backed by Chinese game developer and publisher Shanda is making global headlines for rewarding its top-performing staff with Tesla cars as year-end bonus.
A Tesla is being handed out to every staff member with more than four months experience at their company, according to Venture Beat.
Tesla's Model S starts from $121,280 in China. This amount is equal to Rs 75 lakh as per Indian currency.
So the company will end up paying Rs 30 crore for the new Teslas for its employees.
According to a report, Chinese web services company Baidu is rewarding employees with up to 50 months' salary.
Giving annual bonus to its employees is a tradition of Chinese companies. But this is very different from the Indian scene where employees are load with work, with lesser reasons to be delighted.
Few companies in India can boast about showering such extraordinary rewards on its employees.
Latest Business News