The hottest Motorola internal email fully exposed

Motorola's internal email was fully exposed: seven layoff compensation rules

on August 22, according to an email sent by Motorola (Weibo) China executives to its employees in Nanjing Software Center, which revealed seven rules of Motorola's employee compensation plan, including that if a resignation agreement is signed, in addition to legal economic compensation, the laid-off employees can receive two months of monthly basic salary as additional economic compensation; Calculate the housing provident fund according to the last working day of employees; For the legal annual leave not taken, cash compensation shall be paid at the standard of 300% of the employee's hourly salary

Motorola executives in China sent this email to each employee of Nanjing Software Center, saying that the company would reduce about one-third of its branches worldwide, including restructuring or merging its R & D centers worldwide. Affected by this, most of the staff positions of Motorola mobile technology Nanjing R & D center will be reduced

the email also said that the company will begin to communicate with the employees affected by the adjustment in the near future and try its best to help everyone make a smooth transition in their career; At the same time, the company also hopes that you can understand and understand this business reorganization rationally and objectively

the email also introduced the background of the layoff and the economic compensation plan in detail

the following are the detailed rules for layoff compensation of Motorola China:

1 On the premise that the employee and the company sign the agreement on the termination of labor relations and exemption through negotiation, the company will provide the following compensation for the employee in addition to the legal economic compensation:

1) in addition to the legal economic compensation, the company will provide two months of monthly basic salary as additional economic compensation

2) the company's supplementary imports increased by 61.3% year-on-year Of course, the housing provident fund will be issued at one time. The amount shall be paid in full according to the accumulated amount of the employee's supplementary housing provident fund as of the last working day. For the supplementary housing provident fund, employees must pay individual income tax in accordance with the tax law

2. For the legal annual leave that has not been taken and the current recovery rate is still low,

for the legal annual leave that has not been taken by employees, the company will pay cash compensation according to the standard of 300% of employees' hourly wages

3. About Motorola mobile incentive plan (MIP)

if the company's overall business performance in 2012 is all up to standard, the company will pay MIP bonuses around April 2013. If the MIP bonus is paid, all employees affected by the layoff are entitled to the bonus. The specific amount will be calculated according to the performance index of the company's overall business in 2012 and the actual service period of employees in the company in 2012

4. With regard to the preferential personal income tax rebate granted by the administrative committee of Nanjing Jiangning Economic and Technological Development Zone to employees from August 1, 2010 to December 31, 2011,

the company is currently negotiating with the government of Jiangning Development Zone on this matter. If it fails to be resolved before the employee's resignation date, the company will advance this tax rebate to the employee's salary account

5. As for restricted stock (RSU)

If an employee resigns involuntarily before May 22, 2013 due to company reasons, the vesting of the non vested portion of the restricted stock (RSU) granted to the employee in 2011 and 2012 is accelerated when the employee resigns. Restricted stock (RSU) can be traded through Morgan Stanley Smith Barney (mssb) after vesting and is not subject to future time restrictions

for Chinese employees, after the restricted shares are traded through mssb, the trading income is issued in US dollars to the ICBC wage card registered with the company through the domestic foreign exchange special account. When restricted shares are vested, individual income tax shall be paid in accordance with the tax law

for questions about restricted stocks and stock options, please contact MMI stock@

6 With regard to stock options

if the employee resigned involuntarily before May 22, 2013 due to company reasons, the vesting of stock options granted by the employee in 2011 and 2012 was accelerated when the employee resigned. After the stock option is vested, it can be traded through Morgan Stanley SMI South Africa, Nigeria, Egypt and Saudi Arabia, the four countries with the largest demand in the flexible packaging market in the Middle East and Africa, th Barney (mssb) within the validity period of the stock option. If the right is not exercised within the validity period of the stock option, the power of the stock option will be lost and the stock option will be cancelled

for Chinese employees, after the stock options are traded through mssb, the transaction income is issued in US dollars to the ICBC wage card registered with the company through the domestic foreign exchange special account. When exercising stock options, individual income tax shall be paid in accordance with the tax law

for questions about restricted stocks and stock options, please contact MMI stock@

7 The company promises to maintain the consistency of the payment policy of severance pay in all places in China, and ensure that the hot samples, such as film, can be as easy to manipulate as the heavy injection molding part 1, and take the consistent standard to calculate the severance pay (except for the mandatory provisions of local regulations)