BYD Implements Targeted Salary Increases for R&D Staff, with Top Talent Receiving Up to RMB 4,500 Monthly Raise

[Company News] BYD has rolled out precise salary increases for its technology R&D personnel, with core talents receiving monthly raises of up to RMB 4,500.

⚡ Key Move: Differentiated Incentives Focused on High-Performing R&D Talent

This round of salary adjustments by BYD is not a universal increase across all employees. Instead, it primarily targets employees who have been promoted, campus hires from the past two years, and high-performing individuals who have remained with the company long-term without switching jobs. Some outstanding employees are seeing monthly salary increases ranging from RMB 1,000 to RMB 3,000, while top-tier technical talents may receive raises as high as RMB 4,500.

📊 Key Metrics: Dual Strength in R&D Investment and Talent Reserves

As of 2024, BYD employs 121,600 R&D personnel, accounting for over 12% of its total workforce of 968,800—the highest proportion among global automakers. In the first three quarters of 2025 alone, the company invested RMB 43.75 billion in R&D, a year-over-year increase of 31%, bringing its cumulative R&D investment to more than RMB 220 billion. During its 2024 campus recruitment drive, 78% of new hires were for R&D roles, with 67% holding master’s or doctoral degrees.

💡 Industry Impact: Reinforcing the "Technology First" Strategic Signal

This salary adjustment aligns with Wang Chuanfu’s assertion that "120,000 engineers are the foundation of our technological prowess." Coupled with a single-day stock price surge of 5%, it underscores growing investor confidence in BYD’s innovation capabilities.