Laird Beijing opts for employee investment as spur for innovation
By Lao Pan | China Daily | Updated: 2009-04-17 07:47
Whilst many global electronics manufacturers have currently imposed pay and recruitment freezes on many of their employees, Laird Technologies (Beijing) Co Ltd has opted for a very different policy.
Despite many of their global competitors cutting back on employee expenditure in the light of a huge drop in demand for telecommunication products, Laird has instead opted to boost productivity by improving working conditions and investing in staff development.
Charlie Peppiatt, general manger of the Beijing-based cellphone antenna manufacturer explained the company's unusual approach: "During the past eight years, our company has evolved from a four-man-band to one that employs thousands of people. Human capital is our key asset."
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