人力资源管理期末作业要点.docVIP

东北师范大学外国语学院 商务英语系 2015年秋季学期 人力资源管理课程 期末考察 日期： 2015年12月31日 课程名称: 人力资源管理 授课教师: 朱鸿 论文题目: One of Huawei’s secrets to motivate its staff ——Case study of ESOP in Huawei 学术道德声明 本文遵守东北师范大学有关学术道德的指导方针，全文没有不符合学术道德要求的内容，所有的其他来源资料都进行了适当的引用。 签名: 学号： 注：无本人手签，不予评分。代签无效。 One of Huawei’s secrets to motivate its staff ——Case study of ESOP in Huawei ABSTRACT: Employee Stock Ownership Plan (ESOP) is an effective employee incentive which originates from western countries. And now there is a growing tendency for companies both domestically and abroad to apply Employee Stock Ownership Plan due to the concrete advantages. Still, different voice could be heard towards ESOP about its negative impact. Therefore, it is of significance to have a look into ESOP in a comprehensive way. This paper will take Huawei as a typical example, seeking to explore one of its secrets in motivation, Employee Stock Ownership Plan and provide some references for other companies. INTRODUCTION Huawei, founded in 1988 by Ren Zhengfei, is a private high technology company that is owned entirely by its employees. From its humble beginning, today it has rapidly grown to be China’s biggest manufacturer of equipment for the telecommunications industry. On the way to expand the market, like other corporations, Huawei inevitably went through the challenge of high staff turnover. However, under the leadership of Ren Zhengfei, some revolutions related to ESOP took place in the company and ultimately Huawei manages to build up a dynamic atmosphere where employees are highly motivated, thus bettering employee retention. EMPLOYEE STOCK OWNERSHIP PLAN According to Louis O. Kelso, the pioneer of ESOP, it is a type of employee benefit plan which enables?working people without savings to buy stock in their employer company and pay for it out of its future dividend yield. The curr