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

Chapter 1102: Giant Sail Hotel Management has over a thousand employees! Profit sharing is relatively low!

Su Yang also told him to keep it a secret, and Zheng Zhigang smiled and agreed.

This is a very reasonable request. Many wealthy people in China choose to keep their purchases of luxury homes confidential, and Su Yang has also signed confidentiality agreements with them!

Two days later, at Lao Wang's urging, Jufan Hotel Management and Tongcheng Hotel Management each transferred the initial payment of 800 million yuan to Yida Hotel Development's account. Thus, Su Yang obtained 51% of the shares and management rights of Yida Hotel Management!
[Ding~ It has been detected that one of your subsidiaries has acquired Yida Hotel Management. Do you wish to merge Yida Hotel Management into Jufan Hotel Management?]

"Yes!"

A merger is a certainty!
[Ding! Congratulations! Your Yida Hotel has gained a +50% increase in sleep and rest efficiency and a +30% increase in comfort.]

[Ding! Congratulations! Your Giant Sail Hotel Management staff has exceeded 00. You have received the achievement reward: Top-tier Rest and Recovery Talent, 5 Constitution Points, 5 Strength Points; Hotels managed by Giant Sail Hotel Management will receive a new buff or an upgrade to an existing talent.]

[1. Enhanced brand building capabilities, 2. Improved team communication skills, 3. Increased service satisfaction, 4. Improved employee training efficiency, 5. Enhanced hotel food quality... Please select!]

Su Yang carefully looked at the new options and, after thinking for a moment, chose sleep and rest efficiency.

It's unlikely that Jufan Hotel Management will have more than 10,000 employees, so they might as well make full use of their strengths!
The new options for staff training and hotel food can be handled by Yanhu Education and Jiuxiang Catering.

As for brand building... Wang Jianlin has done a good job, but Yida Hotel Management is not particularly distinctive among mid-to-high-end hotels in China. Su Yang wants to focus on promoting and leveraging its sleep-aiding features!
[Ding! Your Giant Sail Hotel Management has permanently gained a +70% increase in sleep and rest efficiency and a +30% increase in comfort.]

And then, naturally, that was it...

Yida Hotel Management manages 200 hotels, but has fewer than 1,600 employees!

Due to its business model, this company doesn't have many employees.

Yida Hotel Management operates in two ways: full-service management and brand franchising.

In a fully entrusted management system, the owner (i.e., the owner of the hotel assets) pays a management fee and hires Yida Hotel Management as a professional manager to fully operate the hotel.

Yida Hotel Management will send its core management team and recruit employees in the name of Yida Hotel Management, signing labor contracts with them.

At this point, employees are managed by Yida Hotel Management and abide by its rules and regulations. Their compensation and benefits system is also formulated and implemented by Yida Hotel Management.

From a legal and management perspective, these employees are employees of Yida Hotel Management.

Under a brand franchise, the owner is more like a "franchisee".

The owner pays a brand licensing fee to obtain the right to use the "Yida" brand, but the hotel's daily operations and management, including human resources, are handled by the owner's own team.

In this situation, everyone in the hotel, from the general manager to the frontline staff, has signed labor contracts with the owner's company and is an employee of the owner's company, not an employee of Yida Hotel Management.

In this role, Yida Hotel Management primarily provides brand standards, operational support, and quality inspection.

Therefore, among these two hundred hotels that have opened, the majority are brand-franchised hotels, which leaves Su Yang somewhat helpless!

However, he then remembered the thousands of hotels under Tongcheng Travel's hotel management company... Could he acquire this company?
If Sun Zhiliang knew Su Yang's wolfish ambitions, he would definitely be furious!
Adding 5 points to Constitution and 5 points to Strength, Su Yang felt a warm current flow through his body. His body was greatly strengthened once again. After all, the attribute values ​​of an average healthy adult male are only 10 points!

He's like a superman now! After adding the attributes, he thought for a moment and decided to disable all the hotel buffs except for Tiancheng International Hotel!
After upgrading to level seven, he was able to freely control his buffs!
He can freely adjust or disable the special buffs of subsidiaries, branches, and sub-stores.

Next, Jufan Hotel Management and Tongcheng Hotel Management took over Yida Hotel Management Group.

Many of Lao Wang's close associates at Yida Hotel Management Company resigned quickly. Since Su Yang had management authority, Deng Zhiyuan, Wu Wanhui, and Cui Bingkun were appointed as general manager and vice president of Yida Hotel Management Company.

At the same time, he replaced the finance and human resources personnel with his own people, and also accepted the recommendation of Tongcheng Hotel Management, a senior executive who was good at online business, and appointed him as vice president.

Then, he also accepted a small number of people recommended by Tongcheng to serve in the management team, and reorganized the board of directors. Thus, Su Yang controlled the middle and senior management of Jiuda Wine Management Headquarters.

Tongcheng Travel also has some permissions, which facilitates communication and business integration between the two companies!

Su Yang never intended to turn the company into his own personal fiefdom, even if it was a company he held 100% of.

He still hopes that management and employees can give full play to their initiative.

Therefore, as long as the person recommended by Tongcheng has good character and ability and is willing to serve the company, he can still be employed!

At the same time, Gaoxing Retail also announced its dividend for this year. Last year, the company's net profit was 3.52 million yuan, but the dividends to shareholders and investors were only 1 million yuan, which can be considered a "symbolic" dividend.

Hua Jing had asked him at the time if he wanted a bigger share.

After all, Su Yang owns nearly 80% of the high-end retail dividends. If Su Yang really needs money, he can distribute 15 billion!
Don't ask where the 15 billion came from. It can be the capital accumulated by the branch company in the past. In addition to property and financial assets, Gaoxing Retail itself also has cash flow.

In this way, Jufan Holdings, which is behind Su Yang, can legally receive more than 11 billion yuan in dividends!
However, Su Yang gave up after some consideration and instead devised this extremely conservative profit-sharing plan.

Jufan Holdings is not short of money and does not need to distribute large amounts of dividends for the time being.

This money can remain with Highstar Retail to further optimize the supply chain, expand the market, carry out digital transformation, engage in instant retail, or invest in wealth management, or even increase employee benefits and bonuses.

He needs to demonstrate to all company employees that he intends to develop Gaoxing Retail in a stable and long-term manner.

Last year, the total profit was less than 4 million, but 15 billion was distributed as dividends. Anyone with a brain knows that Su Yang is definitely treating the company like an ATM.

He doesn't want to send that signal for the time being, as it's not conducive to unity!
As for whether it would affect his shareholding, he wasn't too concerned.

After all, the company's shares were not pledged!

After decisively resolving the personnel issues, Su Yang took advantage of the remaining time to approach Sun Zhiliang and share his thoughts on the Jufan Hotel Management Company.

After hearing this, Sun Zhiliang was both amused and exasperated: "You want our full support and endorsement?"

“Yes!” Su Yang nodded. “The outside world is still paying close attention to this matter. Perhaps because of President Wang, the hype hasn’t died down much in the past few days. Some people are also curious about what Jufan Hotel Management does… why we are qualified to cooperate with you and have even obtained the company’s management and operation rights!”

(End of this chapter)