China Youth Daily Comments on Huaweis Million Doctor Recruitment: Paying for Ability rather than Education

 China Youth Daily Comments on Huaweis Million Doctor Recruitment: Paying for Ability rather than Education

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Wen/Zhu Changjun

Recently, an e-mail screenshot of Huawei Presidents office circulated online. This email shows that Huawei will recruit 20 to 30 talented teenagers from all over the world this year, and will increase every year thereafter to adjust its combat capability. At the same time, the annual salary scheme for the top students in 2019 has been formulated: the annual salary of 8 doctoral students in 2019 starts at 896,000 yuan, and the top salary is 2.01 million yuan.

Millions a year to recruit talent? Is it tall? If compared with the general income level of doctoral graduates in China, of course, it is high. However, according to international standards, it is not so exaggerated. For example, according to the 2007 U.S. technology industry salary report released by Glassdoor, an American job search website, the average salary of Google is $155,000, that of Microsoft is $144,000, and that of Facebook is $155,000, which translates into almost one million yuan. Huawei wants to introduce the worlds top talent, and its salary level naturally needs to be in line with the international standards.

The most surprising thing about this news is that the annual salary of millions of students is the doctoral candidates. At least in China, it is rare. This may make some people lament that high education is really valuable. However, Huawei pays a high salary for its Ph.D. candidates. In the final analysis, Huawei pays for their abilities, not just their Ph.D. degrees.

According to the National Statistical Bulletin on the Development of Education in 2017 issued by the Ministry of Education, in 2017, 861,000 postgraduate students were enrolled, of which 83,900 were doctoral students and 362,000 were doctoral students. China has become a big doctoral producer. At the same time, more and more job applicants are required to have a doctoral degree, but how many doctors can get the million yearly salary offer offered by a large company like Huawei still needs to be questioned.

One reality that must be faced with is that with the general prosperity of academic qualifications brought about by the expansion of enrollment, the marginal benefits of academic qualifications advantage in the workplace have become increasingly low. The income gap of most undergraduate, master and doctoral students will be further narrowed. However, the income differentiation between the talents with real ability and those with only educational background is becoming more and more obvious. Also doctoral students, some people can get millions of yearly salaries after graduation, while others may struggle to find a job. The decisive factor is not education, but ability. Its not that education is not important, but that ability is more important. The era that education alone can make a difference in the workplace has passed.

Huaweis official e-mail addresses top talent in two ways: top students and talented teenagers. That is to say, only if your ability really belongs to the top and genius, can you get the top salary. Although such large enterprises also value academic qualifications, they will never recruit a person just for one degree. The assessment and screening mechanism that they set up for selecting and employing people beyond their academic qualifications is really worth learning by other enterprises. When enterprises choose talents, they can not only depend on academic qualifications, but also force the reform of education evaluation system.

Ren Zhengfei has previously revealed that Huawei has at least 700 mathematicians, 800 physicists and more than 6,000 basic research experts... Such a rich talent system team, of course, is smashed with heavy money, but it is not only so simple to spend money. How to know, employ and train people is a knowledge. Faced with Huaweis million-year salary to recruit new Ph.D. students, individuals should be aware that Huaweis million-year salary buy is definitely not a diploma, do not fall into the misunderstanding of brushing diploma.

Zhu Changjun Source: China Youth Daily

July 25, 2019 02 Edition

Source: Qiao Junyi_NBJ11279, Responsible Editor of China Youth Daily