Chapter 838: Pyramids

In January 1994, Lin Qi presided over the annual meeting of the new venture electronics group.

Of the HK$80 billion dividends, more than HK$63 billion is attributable to Lin Qi. Although it still accounts for the majority of dividends, in fact, Lin Qi's equity has been decreasing year by year, giving more dividends to the employees of the group company.

After the dividend feast, most of the shareholders returned with a full load and were very satisfied.

However, Zhao Xiaomin, the general manager of Xinai Industrial Group, seemed a little unhappy.

Lin Qi talked to her specifically, and only then did she know that the salaries and benefits of the low-level employees of Xinai Industrial Group made her feel a little ashamed.

Zhao Xiaomin is a top student of Tsinghua University in China, joined Xinchuang Electronics Group in 85 years, joined Xinai Industrial Group in 88 years, and gradually promoted to the general manager of the industrial group from middle management.

Compared with other general managers, Zhao Xiaomin pays more attention to the life problems of grassroots employees.

"Mr. Lin, as a beneficiary of the rapid development of the new venture electronics group, should not have been discouraged. However, I still think that the mechanism of our company is that a small number of people have become rich, and most of them have not yet become rich, especially Xinai Industrial Group, most of the employees are really selling youth rice, if they can't keep up with the development of technology and skills, they will be eliminated at any time in the future......," Zhao Xiaomin said frankly, "Not only is the income low, but also the welfare of the bottom employees is not very good, although there are subsidies in education, housing, food, etc." However, it is still not rich and rich, and it cannot keep up with the income level of employees of other subsidiaries of the group company and the new venture electronics group. Employees are not only under pressure to buy a house, but also under pressure to get married, and when they get sick, they immediately become extremely poor. For example, Xinchuang Electronics Group has only 20,000 employees in the group, but many of the 20,000 are shareholders, and the dividends in just one year have been 80 billion. Even if Mr. Lin took more than 60 billion yuan, other employees also hold a lot of equity, and dividends make many group employees rich. ”

However, Xinai Industrial Group, with more than 2 million people, only has a salary expenditure of 17 billion yuan a year. Even if you deduct Mr. Lin's dividends, the salaries and dividends of the other 20,000 employees are far more than the 2 million workers at the bottom. The treatment and benefits of employees in different departments of the whole group are very different, like a pyramid. The treatment of employees in the headquarters of Xinchuang Electronics Group is at the top of the pyramid, and the treatment of employees in other subsidiaries is in the middle of the pyramid, and Xinai Industrial Group, which occupies the largest number of employees in the Xinchuang Department, stands at the bottom of the salary and benefits of the entire Xinchuang Department from any point of view. When I think about it, the top of our group is like heaven, and the bottom of this wonderful heaven is like hell......"

"Xinai Industrial Group ......" Lin Qi looked at the list and couldn't help but smile bitterly.

Although there is not much effort to support, just by relying on the continuous orders of the group company, Xinai Industrial Group has grown rapidly to the extent of the world's largest electronic foundry.

The scale of Hon Hai Precision (Foxconn) in later generations is not even the current Xinai Industrial Group. Relatively speaking, the treatment of Xinai Industrial Group is also roughly similar to that of Hon Hai Precision later, and it is not easy to get ahead by relying on hard work in the production line. More work and more rewards, at most can make the life of hard-working people a little better. But...... This kind of big industry, more than one million employees, no one, the production line is the same non-stop operation.

Everyone can be replaced, so the treatment is very ordinary, and it is more about saving money for retirement and treatment by working overtime and eating youth meals.

"Mr. Lin, it's not interesting, I'm not complaining about the group company and you. In fact, I am just sentimental, lamenting that the current domestic life is too hard, and the vast majority of people's wages are dozens of times and 100 times different from those of developed countries. Xinai Industrial Group is much higher than the average salary level in China, but it is still relatively hard...... For example, the Hong Kong headquarters and some overseas branches have bought various pension and medical insurance for employees, which Xinai Industrial Group does not have. Some injured and sick employees get some subsidies from the company by making reports and winning sympathy, and many others rely on borrowing money or colleagues to raise donations. Not long ago, I went to the hospital to visit some terminally ill employees, because the cost of treatment depends on the fundraising of hundreds of employees, and there is no hope of recovery, so I can only rely on high prices to live for a few more years, so the patients themselves have to give up treatment to reduce the burden on their families and colleagues who raise donations. ”

"Okay, I see, thank you for telling me this, it's because I've always been sorry for everyone, only focusing on the rewards of the upper elite, but ignoring the bottom. The size of 2 million people, reflected in the company's statements, only a few numbers remain. Lin Qi took a deep breath and said, "I may not be able to become a saint who saves the world, but at least I can improve the treatment of the employees of my own enterprises." ”

"On behalf of the 2 million employees of Xinai Industrial Group, I would like to thank Mr. Lin in advance!" Zhao Xiaomin said in advance.

Lin Qi has never been a saint or a virgin, at least, he does not care about the fate of Africans. Nor will it flood compassion to protect animals or even small animals.

But he is also a capitalist with a certain conscience and bottom line, and he knows that the easiest charity to do, and which is often ignored by capitalists, is actually to improve the employee welfare of his own enterprise.

There are always philanthropists in the world who turn a blind eye to the slums on their doorstep, but always show kindness to the disadvantaged in the news around the world. If you don't go to the hot news, you won't pull out a dime. Global news hype and immediate generosity is perhaps the most hypocritical aspect of modern philanthropy.

The same is often true of capitalists, who selectively ignore the low treatment of their own employees. And always likes to use the money from cruel exploitation to do charity in a high-profile manner. Countless rich people who are known for being mean are also well-known philanthropists.

Lin Qi naturally disdains the kind of hypocritical philanthropist, and instead of spending the money on strangers who don't know anything about it, why not use the money to improve the basic survival and welfare of his own employees?

On the surface, the profits of Xinai Industrial Group are not high, and in 93 years it only maintained a tax profit of 6 billion yuan, which is less than the 17 billion yuan in salaries issued.

But in fact, this is the new love industrial group to accept orders from other departments of the new venture department with low profits, and then transfer profits to other departments of the group with low profits and low salaries.

If, in other parts of the group, the order price is slightly higher, leaving more profit margins for Xinai Industrial Group, then Xinai Industrial Group can come up with more funds to improve the treatment of employees.