Weichai Relying on "the First Project of Talents" to Build Talent Gathering "Highlands"

As the leader in China's equipment manufacturing industry and the vanguard of the internal combustion engine industry, Weichai Group has implemented the “ Talent First Project ” in recent years. It has introduced a large number of high-end talents at home and abroad to the global, multi-regional, multi-domain, and multi-layered industries, and has continued to innovate. The mechanism provides talents with suitable environmental soil and a broad development platform, and strives to bring Weichai into an innovative talent for the equipment manufacturing industry in the “highlands”.

According to reports, prior to 2005, Weichai focused on spending money to buy equipment , so that the company's equipment level gradually with the international standards. Since 2005, Weichai people have gradually realized that first-class equipment also requires first-class talents to manage, and first-rate companies need even more first-class talents to build. As a result, Weichai Group began to implement the “Talent First Project,” and it has introduced a large number of high-end talents at home and abroad, including multinational corporations, to top global corporations, universities, research institutes, and across regions, regions, and levels. Experienced overseas high-end talents also have high-level talents such as doctors and masters, as well as university students from well-known universities.

With the continuous introduction of a large number of high-quality talents, Weichai Group has initially established a 1,000-person R&D team and 1,000-person marketing team. The corporate talent structure has been rapidly optimized and adjusted. According to statistics, up to now, the Weichai Group's engine segment has 24 Ph.Ds, 620 masters, 11 special allowance experts from the State Council, 7 provincial and municipal experts such as Taishan scholars, middle-aged and young experts, and 22 high-end talents at home and abroad.

To attract talent, to make talent; to make talent, to use talent. While introducing a large number of high-end talents at home and abroad, Weichai Group continued to innovate the employment mechanism and strived to create a suitable environment for the growth of various types of talents and build a broad career platform.

The reporter learned that Weichai Group has continuously made new measures in the innovation and employment mechanism in recent years. Such as the introduction of a competitive mechanism, the implementation of a technical job evaluation and separation mechanism among technical personnel, so as to establish a performance evaluation system based on the company’s strategic objectives and with key performance indicators as the core; to innovate the compensation management system and implement innovative salary assessment; Reform the talent evaluation mechanism, introduce a competency model, and objectively evaluate talent capabilities. Adhering to first-class talents, first-class remuneration, and implementing major awards for major innovation achievements and outstanding innovative talents, the company will annually allocate 10 million yuan in funds, awards and rewards innovative teams and individuals, and the best innovative project team can receive 1 million yuan.

The landing of the talent project has brought about a brilliant performance in the rapid development of Weichai. According to reports, in 2011, Weichai Group sold 680,000 engines of various types, 98,000 heavy-duty vehicles, and 700,000 transmissions throughout the year, and achieved an annual operating income of 98.2 billion yuan, continuing to maintain the world’s first supplier of high-speed and high-powered power. status.

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