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Wahaha's Employee-Centric Strategy Fuels 40% Revenue Growth
In 2024, Wahaha Group raised frontline employee salaries by 20 percent to 2.4 billion yuan, while also investing heavily in employee housing, resulting in a 40 percent revenue increase to 70 billion yuan; competitor Nongfu Spring focused on philanthropy, donating 4 billion yuan to build Qiantang Uni...
Wahaha's Employee-Centric Strategy Fuels 40% Revenue Growth
In 2024, Wahaha Group raised frontline employee salaries by 20 percent to 2.4 billion yuan, while also investing heavily in employee housing, resulting in a 40 percent revenue increase to 70 billion yuan; competitor Nongfu Spring focused on philanthropy, donating 4 billion yuan to build Qiantang Uni...
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Decent Work and Economic Growth