Chapter 630 Mutual Benefit Program with Employees

Chapter 630 Mutual Benefit Program with Employees

Chapter 630 Mutual Benefit Program with Employees
On January 1, everything in Hong Kong was proceeding normally. Housing prices continued to rise, stock prices continued to rise, and horses continued to jump. Countless people were obsessed with the myth of skyrocketing wealth.

Wei Zetao, Liu Huayu, Wang Zhiqun, Zhou Haoran, Zheng Zhijie and other top workers of Changxing Group gathered together. Yang Wendong personally hosted a hot pot dinner in the sun room on the top floor of Changxing Building. Everyone had a meal and chatted together.
Anyone who has watched Hong Kong dramas in the past knows that Hong Kong people particularly like hot pot. For example, in the Young and Dangerous movies and TV series, many scenes are about eating hot pot in food stalls. In many family scenes, family members are also eating hot pot while chatting. In short, there is a hot pot craze.

"These are all common foods. Let's experience the life of ordinary people today." Yang Wendong said with a smile: "There are many vegetables. Everyone should eat more. It is good for the body.
Lao Zhou, you seem to be quite overweight, you should take it easy and don’t get the three highs.”

Not to mention the super-rich, even in a region with a decent economy, the price of vegetables may exceed that of meat and sugar.
In the mainland of the previous life, after the economy developed, the number of people with the three highs was in the billions. There was a time when Yang Wendong was also like this, with high blood lipids, but after all, he was middle-aged, and there would always be a few arrows on any physical examination, which was normal.

In this life, after becoming a super rich man, he attaches great importance to this aspect. While he should enjoy it appropriately, it also needs to be balanced with health.

Zhou Haoran laughed and said, "Mr. Yang is right. I've been too busy lately, so I've been eating more casually. I often just grab some fast food and eat it. Even though it's cheap, it's really high in calories."

Yang Wendong nodded and said, “Pay attention, go to the hospital for a physical examination when you have time, and then I will send a nutritionist to consult with you and take good care of your body;
It's not just you. Make a list of the company's top executives. Everyone needs a detailed physical examination and should pay attention to their health management. Otherwise, if there are problems, it will not only be bad for their own health, but also affect the company."

Although many senior executives in the company try their best to avoid being dependent on someone, this is often just an ideal. In reality, there is still a dependence type, otherwise anyone can easily replace them.

Therefore, some preferential treatment should be given to senior executives. They are capable themselves, and more importantly, the company was built by the hard work of many of them. Even if the main credit goes to Yang Wendong, they have also worked hard.

In fact, over the years, Yang Wendong also regarded these people as friends.

Zhou Haoran smiled and said, "Thank you, Yang Sheng."

The same goes for several other people. Although they are not super rich, they have followed Yang Wendong for more than ten years and have long been financially free and have a high social status. Under such circumstances, they naturally pay more attention to their health.

Yang Wendong added: "Speaking of personnel, I saw a report on TVB recently that many factories are short of workers. Has our group been affected?"

After several other people looked at each other, Wei Zetao replied: “Mr. Yang, it has had some impact. Many people have left their jobs because they made a lot of money from speculating in real estate and stocks. Some people have stayed, but they are not as dedicated as before;
This incident is not just happening at Changxing Industrial, but also at Honor Electronics and Watsons.”

Zhou Haoran also said: "Yes, in fact, it doesn't matter if more ordinary workers leave. Many workers don't participate in this kind of thing, so it's easy to replace them. But some middle-level managers and technicians have also left, which will have some impact;

I have also arranged for personnel to negotiate with them, but they earn the same as working for ten or even dozens of years for a house, so how can they continue to be willing to work in a factory? There is absolutely no solution."

Zheng Zhijie, who is in charge of real estate, also laughed and said, "Haha, let alone the factory, even my real estate company is the same. I have a person I trust very much, who is about 30 years old, has good ability and a strong vision;
I had planned to train him well in the past few years, and when he was about 40 years old and had more experience, he would be promoted to a large project manager. But he took out loans a few years ago to buy several houses in Central and Causeway Bay, as well as two shops. Now the rent is several times higher than his salary, so he just resigned and left. I personally tried to keep him but failed. There is nothing I can do. "

"This shows that you, Old Zheng, have good vision." Yang Wendong said with a smile, "You think highly of him. He is really capable, so he bought a house a few years ago. Now the house price has increased several times. He should have used leverage at the beginning, so now he could have made more than ten times the profit."

This is actually quite paradoxical. If you work in the real estate industry and you really have the ability and courage, you can become rich overnight if you seize any opportunity. Who would still work for others?

Put yourself in Yang Wendong's shoes. He would do the same thing. As long as it does not harm the interests of others, making money is the first goal, and working is just one of the means.

Zheng Zhijie nodded and said, "Yes, but from our perspective, it's a pity for such a capable person to leave. This is not just the case in my real estate company, but also in other industries."

Capable people are likely to be capable in other fields. Although this is not a certainty, people who can get to the middle or upper levels in various factories are generally capable. Because of their long-term high salary and accumulation, they are more likely to participate in stock speculation and real estate speculation, and thus use the Hong Kong market to obtain wealth far exceeding that of working. "Finance is a loss to the country." Yang Wendong sighed and said, "There is nothing we can do about it."

The fundamental reason for the hollowing out of American industry in the past was that finance was too profitable. People who had worked in the industry for many years could make more money by speculating in stocks. Who would still be willing to work in a factory?
Students graduating from prestigious universities with a degree in science and engineering can earn more on Wall Street. Who would be willing to study cars?
Although finance itself does not generate any wealth, the process of transferring wealth can allow participants to make a fortune.

This is also the reason why the A-share market in mainland China could never take off in the past. As long as the mainland wants to preserve its industrial achievements, it is impossible to allow the A-share market to take off, and then lead a bunch of people to do nothing but concentrate on stock trading. For the entire society, this is a huge waste of resources.

Liu Huayu also said: "My Carrefour has also been affected, but our industry is relatively better. Most of them are ordinary employees and have not participated in the stock market and the housing market. Occasionally, a few people have made a small fortune.
But I think our group needs to have a way to deal with this kind of thing. According to the current financial media, the stock market may continue to rise wildly in the future, which will inevitably affect our group over time.

Even if we are able to secure our business, it is hard to say what will happen to our suppliers. If any of them have large-scale problems, it will also affect us.”

Fang Xianming, who is in charge of finance, said, "Yes, everyone. According to the data on foreign exchange inflows from the Hong Kong government, international hot money is still flowing into Hong Kong on a large scale. I dare not say for a long time, but in the next six months at least, Hong Kong's various economic data will be very good."

Big capitalists do not look at the future by guesswork, but by looking at various data, such as gross social output value, average wages, foreign capital, total stock market trading volume, etc. These data cannot predict the specific situation of a certain stock, but they can estimate the economic data of a region.

"Then we do need to consider this issue." Yang Wendong nodded.

Even though Changxing Group started to transfer part of its production capacity to Taiwan, Singapore and Malaysia at about the same time in the early years, the ties with the small city of Hong Kong are still relatively deep, after all, it is where its roots are.

The drought in 63, the floods in 66-67, and the economic crisis in 67 all affected the Changxing Group. For this reason, Yang Wendong also ordered appropriate assistance to some of the victims and his own workers who were affected by the disaster.

But on the other hand, once the Hong Kong economy takes off and real estate and the stock market create too much wealth, some people will be sucked away from the Changxing Group, and they will be people with good abilities. This will be very embarrassing, but there is no one wrong in this matter, as everyone has the freedom to choose.

Wei Zetao thought for a moment and said, "Mandatory contracts are not advisable, unless they are specially trained people. For other normal people, we will arrange for internal personnel to discover in advance. If anyone has this tendency, they will be transferred from important positions. Since they want to leave, we will give them a chance."

Zhou Haoran also agreed: "Yes, I agree, we are not short of talents, it's just that the operation itself is normal, and suddenly more people leave will have an impact, we just need to prepare in advance.

Besides, we don’t care about ordinary people. We only need to keep an eye on the middle-level and above people. The workload of the HR department won’t be too heavy.”

"Yes, this is a short-term solution." Yang Wendong also agreed and said, "As for the long-term solution, perhaps we can cooperate with Hang Seng Bank to launch a preferential loan policy for our employees;
Those who work in our company have stable incomes and are considered high-quality customers in the eyes of the bank. It is normal for the interest rate to be lower. It can also reduce the cost for employees to buy houses. We can even provide some loan support based on the performance of the employees. As long as we ensure that there is no financial risk, that's fine. What do you think?"

Wei Zetao said: "This is a good method. At least many people who want to buy houses can make a profit through this agreement."

"Well, then we'll do it this way. However, we only issue policies for this kind of thing. We don't encourage it, and we don't get any other benefits from it." Yang Wendong added: "Housing prices may go up or down, and everyone bears the risk. In addition, in order to prevent the funds from being used, each worker must have a quota limit or housing type limit."

There will still be significant fluctuations in housing prices in the future, so he also needs to properly control the risks of his employees and prevent his funds from being used as leverage.

PS: Ask for monthly ticket

(End of this chapter)