Decisive "throwing bricks" can attract endless wealth

Rob Med Housewares Company in the United States has developed rapidly in production for eight years, and its profits have grown at a rate of 18%~20% per year.

This is because the company has successfully used a powerful management weapon - the incentive mechanism, that is, to stimulate the enterprising and competitive desire of employees with high wages, so as to create more labor results for the company - profits.

The company has established a profit-sharing system, and the profits earned each year are distributed to each employee according to a specified ratio, which means that the more the company earns, the more employees will share, and the employees understand this

The truth of "rising tide lifts all boats", everyone is brave, each is vying for the first, actively producing itself, and taking the initiative to improve products.

As a result, the company has always been known for its high quality in the housewares industry, winning a large number of orders. On the surface, the high wages of employees mean that the costs are high and the profits are low.

In fact, the company has formed a virtuous circle of value-added system: high wages - high efficiency - high profits - higher wages - higher efficiency - higher profits...... In the long run, paying employees a higher than average level of wages is an effective means of reducing costs, because the part of wages paid to employees is, after all, only a part of the newly increased profits.

High wages can also play a role in strengthening the centripetal force of enterprises, stabilizing the workforce, and recruiting talent from elsewhere.

Rob Med

The good intentions of "throwing bricks and attracting jade" have been exchanged for financial resources. This smart move has been emulated by more and more businesses.

The advantages and disadvantages of the results of the plan of "throwing bricks and attracting jade" lie in understanding

"Careful calculation", accurate calculation, throwing a brick, you can earn a piece of jade, which can be described as a million profits.

If you can't count it, it's likely to become

"Throwing jade and leading bricks", then there is no return.

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