The wealthy entrepreneur: I want to support millions of employees!.

Chapter 1021: The Supermarket Trends on Social Media! The Most Generous Salary Increase in History!

Wei Jie has a four-star business talent, as well as excellent management and communication skills.

Xiao Mingxuan has four-star management talent and three-star financial investment talent, but because he didn't study finance, he has almost no financial skills!
Wu Wenhai is from Fuzhou and has an overseas study background, graduating from the National Business School of Singapore.

Samsung has a talent for languages ​​and enjoys learning languages. He is fluent in English and can communicate normally in Thai and Malay. In addition, he also has four-star business talent and three-star management talent.

They are all multi-talented individuals with at least a four-star talent level!
He happens to not know Thai or Malay, so he can learn from Wu Wenhai when he has time!
None of these three have any special backgrounds; they are considered outstanding among the test-takers in their small town.

Wu Wenhai was better off; he was a local city dweller from a family of teachers.

My grandparents, parents and I are all teachers.

His family had already sold one house to support his studies abroad, and they originally wanted him to continue with his master's degree because they could sell another house.

But he felt the pressure was too great, so he gave up!
Although his family was very unhappy with his choice, he still found a job in Fuzhou despite the pressure.

However, he did not have a smooth job search, and the salary was very low for his education level.

When I saw the job posting from Jufan Holdings, I immediately submitted my resume!
The other eight people weren't just there to make up the numbers either; otherwise, Su Yang wouldn't have had them fly all the way here.

After Su Yang's persuasion, they all agreed to stay and work in their respective subsidiaries.

Their talents and expertise lie in finance, marketing, and other areas, so staying at the company headquarters might not necessarily provide them with the necessary experience.

Since most of these people have very impressive resumes, Su Yang will not treat them unfairly.

While there isn't an annual salary of 30 yuan, all positions are for management trainees, with an annual salary of 12 to 15 yuan, plus various housing and transportation subsidies.

Two of the more outstanding girls, Lu Qiaoshan and Tang Yue, were assigned to be trained by Su Yang after consulting with Yu Siying and Guo Xueqin.

There are other groups, but their talent isn't quite as outstanding, yet they are still very rare.

Su Yang will have his office call each of them individually and, based on their expertise, talents, and hometowns, try to assign them to other subsidiaries... if they are willing!
Su Yang's greed for talent may even surpass his greed for money.

He has more money than he could possibly spend in several lifetimes, but he seems to be desperately lacking in talent!

That afternoon, Su Yang saw that the open letter about Gaoxing Retail had become a trending topic on several platforms.

"High Star Retail changes hands, and the new owner gives all employees a monthly salary increase of 100 yuan!"

"The company is facing turmoil, and this is the most sincere salary increase in our history!"

"..."

Su Yang clicked on these trending topics and saw that almost all of them were media outlets that had long-term cooperation with Xinghuo Media!
The article basically says that after Gaoxing Retail changed hands, it sent an open letter to all employees. The letter was written very sincerely and without any airs. It also gave all 100,000 employees a raise of 100 yuan per month, which will cost the company more than 120 million yuan more each year.

Unfortunately, this company lost 16 billion last year. After cost reduction and layoffs, it barely made a profit of 1.8 million in the first half of the year, and then it was sold by Alibaba Group to Jufan Holdings!
After Jufan Holdings took over, the first thing they did was not to continue laying off employees, but to raise salaries!

In my opinion, giving employees a raise of only 100 yuan seems like a very small amount.

However, this former supermarket king is now in a very precarious situation, facing fierce competition from Sam's Club and other supermarkets, as well as the impact of major online e-commerce and instant retail platforms.

Add to that the current economic situation, the digital transformation the company needs to face, the recent stock price crash, the debt of over 36 billion yuan, nearly 70% of the total assets, and the pressure on 100,000 employees, the 100 yuan raise that the company can give to each employee this time is already the greatest sincerity within its affordability range.

In addition, the author also mentioned that Jufan Holdings, the company that took over Gaoxing Retail, has a completely different management style from its biggest competitor at the time, Hongyin Capital. Hongyin Capital operates purely on capital principles; every time they acquire a company, such as Qinzhi Dairy and Jiushuang Foods, their first step is to reduce costs and increase efficiency, resulting in significant layoffs… But Jufan Holdings is completely different!
Jufan Holdings is a group company primarily engaged in the service and manufacturing industries, and they focus more on operation and management.

Its well-known subsidiaries include Jiuxiang Catering, Jiuxiang Food, Chizhu Winery, Tiancheng Cola, Xinghuo Fitness, Youchong Baby, Sihua Clothing, Xinyue Supermarket, and the recently acquired Luomi Biotechnology!
After some on-site investigation, I found that companies acquired by Jufan Holdings not only saw a significant increase in performance, but also saw varying degrees of improvement in employee benefits, including Xinyue Supermarket!
Among them, Jiuxiang Catering is known throughout the country for its high salaries in the catering service industry. Even in Jiuxiang Food and Sihua Clothing, where the working environment is relatively harsh, many locals are eager to work there.

In short, this is an extremely rare company with strong operational capabilities, experience in supermarket management, and a strong focus on improving employee benefits.

Compared to Donglai Supermarket, this group company certainly has many shortcomings in terms of employee benefits, but it is still one of the companies with the best employee treatment and benefits in the same industry!

Therefore, the takeover of Gaoxing Retail by Jufan Holdings may be the best outcome for the company and its employees!

Then, the report also included that open letter!
Su Yang glanced at the comments below, which were almost unanimously positive:

"These days, getting a raise is already pretty good, and I even got a pay cut!"

"Exactly, at least this company is very sincere. Many companies are going bankrupt these days!"

"Oh, so it's the parent company of Jiuxiang Catering! Then I won't resign, I'll wait and see!"

"So, it means that ordinary employees at RT-Mart can also earn over 10,000 yuan a month?"

"Dream on! It would be good enough if they could improve even a little! How could the workload of supermarket employees compare to that of the waiters at Jiu Xiang Catering? They're busy from morning till night, their feet barely touching the ground!"

"But they get weekends off!"

"After reading this open letter, I feel that the new chairman of this company is very sincere, unlike those nouveau riche bosses. Their arrogant attitude is unbearable!"

"There are several supermarkets near my house, but I support RT-Mart now and hope that the company can grow and thrive!"

"Huh? Da Run Supermarket has been acquired by a mainland company? Isn't it a Taiwanese company?"

"It was acquired a long time ago. It used to belong to Alibaba, and now it's been sold off!"

"I'll give it a shout-out too. This company is pretty cheap and has a wide selection of goods... but they check receipts every time I go out, which is really unbearable. It's like I'm trying to steal something. They should change that!"

"We should definitely fight corruption internally. Maybe if we do a good job of anti-corruption, the company will improve!"

"The company may be losing money, but the boss may not necessarily be losing money!"

"Which listed company would like to report a loss? Aren't they all just inflating their revenue?"

"Seeing that you can get 10,000 to 1 million yuan for reporting someone, I suddenly want to work at RT-Mart. I'm currently unemployed anyway, so maybe I can make money by reporting someone..."

"So Youchong Baby and Jiuxiang Foods have the same parent company! Does that mean my cat and I eat the exact same flavors?"

"My cat and I have the same tastes!"

"RT-Mart is pretty good!"

"The RT-Mart supermarkets around here are no good, they've all gone out of business!"

"..."

(End of this chapter)