JD Retail Raises Salaries to 20 Months: Attracting Top Talent and Building a More Competitive Compensation System

JD Retail Raises Salaries to 20 Months: Attracting Top Talent and Building a More Competitive Compensation SystemJD.com Group announced on September 13th that it will implement a new round of salary increases for its JD Retail Group and functional departments starting October 1st, 2024

JD Retail Raises Salaries to 20 Months: Attracting Top Talent and Building a More Competitive Compensation System

JD.com Group announced on September 13th that it will implement a new round of salary increases for its JD Retail Group and functional departments starting October 1st, 2024. This salary increase plan will gradually transition to a 20-month salary system and will be completed within two years. Other departments will follow suit subsequently.

This marks the fourth salary increase for JD.com after three consecutive raises at the beginning of the year and mid-year. Since 2021, JD.com has been actively optimizing its employee compensation system and enhancing employee benefits. Data shows that JD.com has gradually increased the average annual salary of its employees from 14 months to 16 months within two years, from July 1st, 2021 to July 1st, 2023.

At the beginning of 2024, JD.com significantly increased the annual fixed salary for frontline business personnel such as procurement and sales, with an increase of nearly 100%. Meanwhile, the average salary increase for all JD Retail employees was no less than 20%. In February 2024, the annual average salary of over 20,000 frontline customer service employees at JD.com also saw an increase of over 30%.

In July of this year, JD.com further raised the annual fixed salary for procurement and sales from 16 months to 20 months, with no cap on performance-based incentives. This move is both a reward and recognition for JD.com's core business personnel, demonstrating the company's unwavering commitment to attracting and retaining high-quality talent.

It is worth noting that while JD.com focuses on the compensation of existing employees, it also actively attracts and cultivates new talent. In August 2024, JD.com launched its 2025 campus recruitment campaign globally, opening 18,000 positions and significantly increasing the salaries for new graduates. This initiative will further inject fresh blood into JD.com and infuse new vitality into the company's future development.

JD.com's continuous salary increases showcase the company's appreciation for its employees and its thirst for talent. By continuously optimizing its compensation system, JD.com aims to build a more competitive compensation system, attracting and retaining more outstanding individuals, providing strong talent support for the company's sustained growth. At the same time, it offers employees more generous benefits, enhancing their job satisfaction and sense of belonging.

JD.com's series of salary increases not only reflects its value and care for its employees but also demonstrates the company's confidence and determination in its future development. It is believed that in the future, JD.com will continue to optimize its compensation system, creating a better working environment for its employees, attracting and retaining more outstanding talent, and helping the company achieve its longer-term development goals.

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