Save money.
The adjustments made by Xing Hai Technologies in terms of salary and benefits were mainly to save money.
Moreover, the free policy in the Technology City had nothing to do with the so-called "socialism."
It was definitely not a one-size-fits-all policy or absolute egalitarianism. This was a dead end. They could not afford to lose even a mountain of gold and silver.
During the design of the welfare system, Chen Jin answered several key questions raised by the company's executives.
"Mr. Chen, are all goods really free? Including those expensive luxury goods? Can the company be so extravagant as to provide an unlimited supply of luxury goods? You have to know that some bags and branded clothes cost tens of thousands or even hundreds of thousands. Can we provide such free goods? "a senior executive asked.
"Of course not."
Chen Jin shook his head and said, "Just like those buffet restaurants. You pay two to three hundred dollars for admission. It's impossible for them to provide all top-notch steaks and expensive seafood. Most of them mainly provide ordinary home-cooked dishes. The fruits are also mostly cheap. There are only a few of the most expensive ones.
Our Technology City operates on the 'buffet restaurant' model. The most common grains are vegetables, pork, beef, mutton, bananas, apples, oranges, and other ordinary fruits. There is an unlimited supply. Even if you eat 100 pounds a day, it will only be a few hundred dollars.
Xing Hai Technologies will not go broke. As for those seafood that cost a few hundred dollars per pound, tropical fruits, expensive cosmetics and clothes, high-end cars, and other high-priced products, Xing Hai Technologies will provide them. It's just that the quantity is not much.
"Of course, if an employee's position is high enough, they can get a quota of high-grade ingredients or a selection card for other luxury goods. They can choose the luxury goods they want … Moreover, the higher the employee's position, the more high-grade ingredients and luxury goods they can get … This is also a mechanism to encourage improvement."
But in any case, the total annual expenditure of a Technology City with about 100,000 employees, including their families, will not exceed 150 billion. The company's artificial intelligence will carry out precise control. If the budget is sufficient, it will provide a higher quality of life. If the expenditure is high, it will reduce the proportion of luxury goods and compress the quota. It will carry out dynamic regulation and control so that there will not be any loss of control. "
In other words, if they lived a frugal life, they could ensure that there was meat and fish for every meal and that they could wear bright and beautiful clothes.
If they stuffed themselves with food and were extravagant and wasteful in the early stages, they would have vegetables and carrots every day and wear clothes that cost dozens of dollars.
The total expenses were the same.
"But Chief Chen, we're just a company, yet we're shouldering all the burdens of our employees. We even have to take care of them for the rest of their lives. Can we afford to bear such burdens? It may seem like we're saving money now, but in twenty or thirty years, when our employees retire one after another, the burden on the company will increase, and we won't be saving money."
Another executive asked.
"Of course, Xing Hai Technologies won't manage it forever. The company can only manage it for 50 years at most."
"After 50 years, when the employees can no longer work and retire, they will have to leave the Technology City and move to the Immigrant City or other cities to live. Xing Hai Technologies will give them a new house and allow them to drive their own cars. They will also be given a monthly pension based on their position. The higher the position, the more pension they will receive … and the pension can be paid for up to 50 consecutive years."
"Two fifty years added together is a total of one hundred years."
"Xing Hai Technologies will manage the company's employees for a maximum of 100 years."
All the executives were shocked.
One hundred years.
What was the difference between this and being in charge for a lifetime?
Why didn't the boss just say that he would take care of her for a lifetime? Who could live that long?
In short, the burden on the company in the later years would definitely be very large. This was a huge mine.
"President Chen, now that the company is managing everything, the employees have no worries. Naturally, they will not have the motivation to work hard. Will they still work hard to get more pay and performance like before? This will definitely weaken the company's competitiveness. It might even sow the seeds of weakness … President Chen, this model of working from the same big pot is really not advisable. Money will be saved, but where will the motivation come from if there is no pressure? Life in the big city is their motivation. "
Another executive frowned and said worriedly.
"Don't worry, I have also considered this point."
Chen Jin smiled and said, "The Technology City is not a pure welfare institution. The employees must create value for the city. The performance scoring system will count the work done by each person and record the value created by each person in detail. The last-place elimination system will eliminate all the slackers. There will not be any idlers here. Xing Hai Technologies is not a charity or a nursing home in the eyes of some people. Those who have made up their minds and have this mentality will leave the city. "
After the eliminated were fired, their entire families would also be chased away, but they would not leave with nothing. Xing Hai Technologies would give them a certain amount of compensation based on their performance points. Of course, compared to the loss of leaving, that compensation was like a sesame seed in front of a watermelon.
Those who voluntarily resigned would also be dealt with in a similar manner.
In addition to the performance scoring and last-place elimination system.
Chen Jin said, "I also intend to introduce a brand new reward point in the company. Its name is' gold coins. '
It is not difficult to get gold coins. If you achieve full attendance throughout the year, you will be rewarded with one gold coin.
If your performance score reaches 100%, you will also be rewarded with one gold coin. If you work hard and your performance score reaches 150%, you will be rewarded with two gold coins. If you work hard and create a performance score of more than the stipulated 200%, you will be rewarded with three gold coins. "
"In addition, model employees who have a serious work attitude, defend the company's system, make outstanding contributions to defending the company's interests, and are virtuous and willing to help others will also be rewarded with gold coins."
"When the employees have accumulated 100 gold coins, they can use these 100 points to redeem a special medical service."
"If the accumulated gold coins exceed 200, 300, or even a multiple of 100, in addition to redeeming medical services for themselves, they can also redeem special medical services for their family members, or gift them to a designated person."
"But unfortunately, if you voluntarily resign and leave Xing Hai Technologies, or are fired by the company, the gold coins in their account will automatically be reset to zero. They will not be able to enjoy special medical services. It is equivalent to giving up completely."
This was naturally a huge loss for them.
Chen Jin also believed that in order to get more gold coins and to enjoy special medical services, most of the Xing Hai employees would work hard. It was unlikely that they would slack off. After all, they had a new hope.
That hope was the motivation for their hard work.
It was a three-pronged approach!
Xing Hai Technologies not only saved money, but its competitiveness remained unchanged.
In short, everything was under Chen Jin's control.
…
On the other side.
More and more media and financial experts saw through Xing Hai Technologies's shrewdness and true intentions.
"Xing Hai Technologies' idea of saving money is on the heads of the state."
"By doing this, Xing Hai Technologies has made everything in the Technology City free. Most of the employees' salaries are set below the tax threshold. Business tax, consumption tax, and property tax are zero. Personal taxes have been reduced by more than half. The Technology City with hundreds of thousands of people hardly collects much tax. The annual savings are more than 100 billion."
"In theory, this is completely legal. It is a clever and reasonable tax avoidance method. There are no loopholes. The money saved is all invested in the desert transformation. It becomes a loss. "
"The problem is, can the higher-ups tolerate this kind of behavior? If all the companies do this, wouldn't it be a mess? "
"How audacious! Xing Hai Technologies is too audacious!"
"I can't see through the layout of Xing Hai Technologies anymore. But my intuition is that if this continues, Xing Hai Technologies will get into trouble."
The media's speculation was right.
In just a few days, the antitrust investigation fell on Xing Hai Technologies for the first time.
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