Intel revises salary structure

Intel Corp is planning to revise salary structure to make senior executives to deliver better output and they require nearly 350 senior executives to own the company stock. “One of the top priorities of new CEOBrian Krzanichis to further strengthen our culture of accountability, engagement, and empowerment,” Intel said in the letter. Intel has been planning to increase their profits and outcomes and it has been slow to adapt its processors for smart phones and tablets because the strong rival firms like Qualcomm Inc and Samsung Electronics. Intel is also keen to sell chips to be used in smart watches and other computers.

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