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

Chapter 962 Factory Construction in Hubei Province! Discussions on Year-End Bonuses!

In the following period, Su Yang paid some attention to Xiong Ting's situation.

Su Yang breathed a sigh of relief after hearing that no one in the class dared to spread rumors about her anymore.

But thinking about it, it's normal. They're all freshmen, and with the counselor vouching for Xiong Ting, the students in the class are quite inclined to believe her.

Moreover, this is still a university, and the teachers and the school have a very strong deterrent effect.

Even the person who spread the rumors won't be sleeping well lately!
Xiong Ting said that the only downside might be that some of the students in her class are afraid of her.

But she has a few friends in her class, and Senior Xiao takes good care of her. She feels that it's enough to just have these people as friends!

Seeing that his cousin was so open-minded, Su Yang felt relieved and then focused his main energy on his work.

Nationwide, there are still many people who want to cooperate with Jiuxiang Hotpot!
The strength demonstrated by Jiu Xiang Catering, as well as the business of its branches in various regions, are evident to all.

So even though the entry threshold is relatively high and the conditions are quite strict, it still can't stop people who want to get rich!

Many of the stores that finalized their locations last month have already begun renovations.

If things go smoothly, it can be done in a little over a month, and by then the employee training will be almost complete.

Su Yang's requirements were not high; he did not aspire to the scale of a hot pot restaurant.

Having over a thousand stores nationwide would be enough; let him gather twenty or thirty thousand employees!
As for Jiuxiang Food Group, after preliminary investigation, the group's senior management preferred to build a factory in Hubei Province.

Cai Zhenyu also believes that Hubei Province is a good candidate for Tiancheng Beverages!
Hubei Province is located in the middle reaches of the Yangtze River, connecting the east and west, and linking the river to the sea. It has the advantages of the Yangtze River's golden waterway and the Han River's shipping, and is an important hub of the Yangtze River Economic Belt. Its geographical and transportation location is quite good.

The local government also has preferential policies for food companies, and these companies can try to secure those benefits!
Su Yang felt that the other side was also good, but he still asked Jiu Xiang Catering to contact local officials and release the news that they would invest at least 1 billion yuan to build a factory!

Given Jiuxiang Foods' current growth rate, investing 1 billion yuan is definitely necessary!

After all, Jiuxiang Food Group has several subsidiaries that need to consider building factories.

Jiuxiang Foods could consider acquiring a large plot of land there and building a production base!
Because it was the end of the year, Guo Xueqin approached Su Yang, and it was time to consider giving him his year-end bonus!

Apart from outsourced jobs, such as those with nannies from Shenying Security and Meijia Housekeeping, Su Yang always considers paying an extra month's salary at the end of the year for other companies.

Even companies that are operating at a loss can issue [the product]!

For those internet celebrities and artists who sign contracts, a token gesture is usually enough.

After all, they all sign contracts with a low guaranteed minimum and a high commission!

There are also companies that have promised profit sharing to their employees, such as Jiuxiang Catering Headquarters and Xinghuo Media. These companies have all paid a portion of the profits to their employees as promised!

However, this company's profit is definitely operating profit, excluding the income obtained by its subsidiaries from purchasing private equity funds.

Most of the profits earned through Yuanshi Wealth No. 1, after leaving sufficient working capital, still need to be turned over to Jufan Holdings. However, relevant financial personnel and senior executives can receive a portion of the private equity investment returns as bonuses!

The remaining part is the year-end bonus for senior executives. This mainly depends on the company's growth scale and profits, as well as the company's own funds or profits. The more money they make, the better!

After discussing with Guo Xueqin and other senior executives of the group, the year-end bonuses for the subsidiary executives and employees were roughly decided!
Yu Siying, general manager of Xinghuo Entertainment Group, will receive the most, with a year-end bonus exceeding ten million yuan.

Secondly, there are Xinghuo Fitness, Jiuxiang Catering, Jiuxiang Food, Xinghuo Media, Fengyuan Food Ingredients, Meijia Housekeeping...

Xinghuo Entertainment Group is currently the most profitable company under Jufan Holdings.

Meanwhile, their subsidiaries, including Xinghuo Media MCN, Heili Film & Television, Linyi Film & Television, Xingli Public Relations, and Xingmang Ground Promotion, are also helping companies such as Xinghuo Fitness, Jiuxiang Catering, Jiuxiang Food, Sihua Clothing, Menghai Travel, and Meijia Housekeeping with their publicity and marketing.

Even Jintai Fund, a subsidiary of Yuanshi Investment, is being helped by Xinghuo Media!

If Su Yang enters the securities industry in the future, Xinghuo Media will still be the main force in promoting him...

Furthermore, Xinghuo Entertainment Group also made the most money using the Yuanshi Wealth No. 1 private equity fund.

Both morally and logically, Su Yang cannot treat Xinghuo Entertainment and its senior executives unfairly!
Guo Xueqin is in a good mood, not only because she will receive a big year-end bonus, but also because she will be managing billions of yuan next year!

Although these billions are most likely placed in Yuanshi Wealth No. 1 and entrusted to Manager Pei for financial management and investment.

But she feels comfortable looking at it, doesn't she?
Then Su Yang confirmed the profits from the raw stone private equity fund. Although the year was not over yet, he knew from a quick calculation that the net profit should be more than 2 billion.

Because after helping clients earn a 10% return, the private equity firm will take a 30% cut of any profit exceeding 10%!
Today, the size of the Yuanshi Wealth No. 1 private equity fund alone has exceeded one million...

Su Yang believes that if Yuanshi Private Equity were given another year, it could acquire Wanlong Securities on its own!
Therefore, the executives of Yuanshi Private Equity, who were "secretly" managing Yuanshi Wealth No. 1, did not receive any profit sharing.

However, this did not prevent Su Yang from giving Xiong Tianze and other executives of Yuanshi Private Equity a relatively high year-end bonus. Xiong Tianze could probably get a bonus of tens of millions of yuan, while the other executives received slightly less!

Since they already have over two billion in profits, Su Yang is willing to give them more!
Jintai Public Fund is relatively simple. Since the company is still small and its profits are not high, we can just follow industry practices!
If his own company isn't making money, he can't possibly take the profits from other companies and give them huge bonuses!
This is unreasonable!

At headquarters, regular employees will definitely receive more at the end of the year, since they are headquarters employees and their compensation is better.

Moreover, these employees don't receive profit sharing like the employees of Jiuxiang Catering and Xinghuo Media...

Su Yang can't do without them!

Of course, there are also significant differences in compensation among headquarters staff.

Considering the workload of the department's employees, the year-end bonus for M&A department employees will be significantly higher!
Eating from the same pot is definitely not going to work. Every employee in the M&A department is an elite. They often travel all over the country to help him acquire companies, so their compensation is definitely higher than that of ordinary clerks at headquarters!
They have to be high-performing; they are the main driving force behind his company's expansion!
Finally, there are the employees the company trains at the grassroots level. Su Yang is quite good-looking and is a talented employee who is being trained as a management trainee. These young people receive better year-end bonuses than employees at the same level!
Let them know that the company still remembers them, so they won't be impatient and jump ship!
He feels heartbroken when some young employees leave.

After all, they were all collected from various places with great difficulty.

(End of this chapter)