Chinese app outfit WiFi???? (WiFi Skeleton Key) appreciates its workers so much that it is giving dozens of them an electric sedan as a reward for their hard work and loyalty. The only catch was that they had to have been employed by the Shanda-backed tech firm for at least four months. Reportedly, the act of generosity will cost the start up more than CNY 30 million ($4.8 million at today's rates).
Though perhaps lavish by western standards, top Chinese tech companies have been handing out end-of-year bonuses as large as several years worth of regular pay. According to founder Chen Danian, "Talent is the key determinant for the success of high-tech companies. Through this move, we want to show how much we value and respect our talent." Indeed