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Fringe Benefits: What Are They and How Are They Helpful

HR Digest

The importance of fringe benefits can be explained, simply put as a great motivators. Advantage of using fringe benefit is to help the employers to recruit, motivate, and keep high-quality people. Keep employees motivated. It makes employees feel more important and, at the same time, valued for their work.

ESOP 98
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Huawei: A Case Study of When Profit Sharing Works

Harvard Business Review

At Huawei’s inception, Zhengfei designed the Employee Stock Ownership Plan (ESOP). The structure of the ESOP is based on two important premises. Huawei’s ESOP can satisfy both human needs. For its part, Huawei’s internal policy is to use U.S. law as the guiding law in their international business.).