Beijing, March 19, 2024 – In a bold move signaling its commitment to artificial intelligence, China Unicom has announced an uncapped salary structure for highly sought-after AI experts. This announcement comes on the heels of a strong 2024 financial report, showcasing the company’s robust growth and profitability.
The telecommunications giant released its 2024 financial results on March 18th, reporting a revenue of 389.6 billion yuan, a 4.6% year-on-year increase. Profits attributable to equity holders reached 20.6 billion yuan, marking a significant 10.1% rise, with the return on net assets climbing to 5.8%.
During the earnings conference, Wang Junzhi, Executive Director of China Unicom, elaborated on the company’s strategic deployment in the field of AI talent. He emphasized that the application of AI technology is accelerating talent aggregation, creating ample space for optimizing the company’s talent structure.
We are proactively responding to the new demands on talent structure brought about by technological innovation, Wang stated. We are continuously improving talent cultivation and support, actively empowering management, technology, and skilled personnel, and facilitating talent transformation and upgrading. We encourage outstanding talent to flow into the field of artificial intelligence and increase the supply of AI talent.
China Unicom’s strategy for attracting and retaining top AI talent encompasses several key aspects:
- Recruitment: Leveraging its position as a central state-owned enterprise, China Unicom aims to attract exceptional talent in the AI field, offering personalized service guarantees.
- Training: The company is committed to providing precise training support for high-level AI talent, opening up channels for career advancement.
- Utilization: China Unicom plans to build a platform for innovation and entrepreneurship, fostering a free, open, and inclusive environment to stimulate the creativity and dynamism of AI talent.
- Incentives: Recognizing the critical need for top-tier AI expertise, China Unicom will implement annual salary and agreement-based compensation systems benchmarked against market standards. These packages will be subject to contractual management and differentiated implementation, with no upper limit on potential earnings. The required salary budgets will be allocated separately.
This aggressive talent acquisition strategy reflects China Unicom’s ambition to be a leader in the AI revolution. By offering uncapped salaries and fostering a supportive ecosystem, the company aims to attract and retain the best and brightest minds in the field, driving innovation and securing its position in the rapidly evolving technological landscape.
The move also highlights the growing importance of AI in China’s overall economic strategy, with companies across various sectors vying for talent to drive innovation and competitiveness. China Unicom’s investment in AI talent is a clear indication of its commitment to leveraging this transformative technology for future growth and success.
References:
- IT Home. (2024, March 18). 中国联通针对急需紧缺高层次 AI 人才采用年薪制、协议工资制，上不封顶 [China Unicom adopts annual salary system and agreement salary system for urgently needed and scarce high-level AI talents, with no upper limit]. Retrieved from [Insert original article URL here]
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