JD.com (JD) Announces 2024 Year-End Bonus Plan, Stock Rises

Dec 23, 2024

JD.com (JD, Financial) saw its stock rise by 1.15%, reaching $36.05. The company has unveiled its 2024 year-end bonus plan, which includes a revised structure comprising a fixed year-end bonus and a target year-end bonus. The target bonus will be determined based on employees' annual performance ratings, calculated as multiples of their monthly salary.

In departments upgraded to a 17-month salary system, employees with an A+ performance rating could receive a bonus up to eight times their monthly salary, equivalent to a 20-month salary for the year. Those with an A rating might get 6.5 times their monthly salary, or an 18.5-month salary annually. Employees with a B+ rating are eligible for a five-month salary bonus, making it a 17-month salary for the year. Even employees with a B- rating will receive a bonus equivalent to three months' salary.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

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