CEO gives $3 million bonus to employees

In the age of fat payouts and lucrative perks for company executives, the CEO of Lenovo is getting attention for how he used his bonus.

Yang Yuanqing distributed $3 million from his bonus among 10,000 junior-level employees, the China-based technology company confirmed Thursday. The employees, such as receptionists, production-line workers and assistants, each received an average bonus of 2,000 yuan, which is $314, in the name of their CEO.

Yang had received the additional $3 million boost in his bonus after the company had its best fiscal year ending in March.

The $30 billion personal technology company saw a 73 percent bump in net profit from the previous year, which Yang had described as a "record-setting year for Lenovo," according to a press release.

Yang had earned $5.2 million in bonuses for the fiscal year ending in March. His total earnings, including salary, incentives and other benefits, amounted to $14 million, according to the company's annual report.