Chapter 372 Who Says It's Not Profitable
Had this happened before, upon hearing such words, Cao Chuandong would certainly have stormed over and launched into a tirade. After finishing his harangue, he'd directly follow up with, "Do you still want to work or not? If not, get lost!"
Just that one sentence would scare the employees silly.
But now, if he acted and spoke that way, he'd be signing his own death warrant.
Yet, if he didn't speak up, he felt he couldn't maintain his dignity.
Just as he was caught in this dilemma, his assistant ran over.
"Manager Cao, what happened to you?"
The assistant saw that half of Cao Chuandong's face was swollen, with a trace of blood still not wiped clean from the corner of his mouth.
His clothes were wrinkled and dusty, as if someone had pinned him down and rubbed him fiercely against the ground.
"It's nothing, never mind me. Tell me, how do we resolve the current issue?" Cao Chuandong brushed the dust off his clothes.
The assistant's face was grave.
If the work hadn't stopped today, it was possible the employees wouldn't have resigned so readily.
But Cao Chuandong had directly halted work and even declared he wouldn't pay wages, enraging the employees to the extreme.
In the past, Cao Chuandong often resorted to work stoppages, using them to threaten this person or that.
The employees already had a poor impression of Cao Chuandong, and today's stoppage had ignited the fury in their hearts.
Now someone was recruiting people, offering three months' salary upfront without having to work; the work would start once the factory was back in order.
Who would not leave?
Anyone who wouldn't leave would be a fool!
So, the assistant was at a loss for solutions.
If there had been a solution, he wouldn't have made that phone call to Cao Chuandong earlier.
Cao Chuandong, seeing the assistant silent for a long time, guessed the assistant was out of ideas and snorted coldly, "It seems you're out of ideas. Lead me to the head of the labor bureau."
"Certainly." The assistant hastily led the way.
The head of the labor bureau was maintaining order on the scene, directing the payment of wages, and provided on-the-spot solutions to any employee issues.
He stood under the scorching sun, drenched in sweat, with no time even for a sip of water, working arduously.
Cao Chuandong approached a pile of bottled water, casually took a bottle, stepped up to the head of the labor bureau, handed over the water with a smile, and said, "Director Meng, you've been working hard. Take a break and have some water."
Director Meng glanced at Cao Chuandong, snorted coldly, and turned away, utterly ignoring Cao Chuandong.
A surge of anger immediately welled up in Cao Chuandong's heart.
In the past, Director Meng had always been respectful towards him, fearful of him halting work and not paying wages.
Even at the dinner table, it was Director Meng who took the initiative to toast to him, flattering with all manner of compliments.n/ô/vel/b//jn dot c//om
Now, he was bluntly giving him the cold shoulder.
Suddenly, Cao Chuandong couldn't contain his rage and spoke with angry indignation, "Director Meng, don't go too far. Your labor bureau recruiting our people is against the rules. Be careful, or I might report you and get you into a situation you won't be able to get out of!"
Hearing this, Director Meng turned back and sneered, "Manager Cao, it seems you haven't grasped the situation. These employees are the ones you discarded, they're unemployed. As the head of the labor bureau, I'm addressing their employment issues. What's excessive about that, what's against the rules?"
Cao Chuandong was stunned and then said, "Who says they are unemployed? I only said to stop work for half a day. I will resume work immediately, and I will still pay wages for the time the work was stopped!"
Director Meng scoffed, "Manager Cao, you may want to resume work, but it depends on whether these people want to continue working for you."
"Why wouldn't they want to?" Cao Chuandong immediately grabbed a megaphone from the table and, facing the line of employees waiting to sign contracts and receive money, began to shout, "Fellow villagers, brothers and sisters, you really don't need to leave. If you stay, I will raise your wages, a ten percent raise for everyone!"
The workers' wages were basically around three thousand yuan.
A ten percent raise would mean three hundred yuan.
Getting an extra three hundred yuan each month is very attractive for those who have to take care of the elderly and children at home and cannot go far to work.
Cao Chuandong was confident that as long as he offered this condition, the employees would certainly not leave.
These days, many things can be solved with money.
The issue at hand is one that could be solved with money.
If it can be solved with money, then it's not really an issue!
But when he confidently stated this, it did not elicit any reaction from the employees. Instead, they looked at him as if he were a fool.
What's going on?
Cao Chuandong's face was a picture of confusion, clueless about the situation.
At that moment, the assistant quickly approached him, whispering in his ear, "President Cao, the salary Qiming Electronics Factory is offering them is an increase of twenty percent over their existing wages!"
"What!" Cao Chuandong was shocked but still gritted his teeth and said, "Then I will increase it by twenty-five percent!"
The assistant continued, "President Cao, Qiming Electronics Factory has not only increased the base salary but also improved various welfare benefits, promising an eight-hour workday without mandatory overtime. If overtime is worked, it is paid according to national regulations, one and a half times on weekdays, double on weekends, and triple on statutory holidays."
"Damn!" Cao Chuandong was stunned once again.
Even though this is all according to national standards.
The number of companies that could actually do this was very few.
Which company doesn't shortchange its employees on overtime pay? If they didn't, how would they make money?
By the calculation, the increase of that twenty percent in salary essentially amounts to a fifty percent raise.
Who the hell is this ruthless? Daring to offer such a salary and welfare benefits?
However, he couldn't worry about that right now. If he couldn't retain these employees, he would be finished.
So, he bit his teeth and said, "I will do the same, just follow this model."
The assistant said bitterly, "President Cao, even if we do this, we can't compete with them. Qiming Electronics Factory is also buying the 'five insurances and one fund' for the employees, all at the maximum standard."
Upon hearing this, Cao Chuandong was shocked again and couldn't help saying, "Damn it, is the new boss of Qiming Electronics Factory doing charity work? With such a strategy, how can they make money? Even if it's Wang, the richest man, he wouldn't be able to bear it if it goes on like this."
At that moment, laughter could be heard.
"Hehe, who says you can't make money?"
Hearing this voice, Cao Chuandong felt it sounded somewhat familiar.
Looking in the direction of the voice, he saw Xu Yang and Jiang Yuheng, accompanied by the city's chief, walking towards him.
At this point, he finally understood.
The big boss who had acquired Qiming Electronics Factory was Xu Yang.
But did this guy not realize that what he was doing amounted to charity? Could it last?
So, he said coldly to the approaching Xu Yang, "Kid, I don't know why you're doing this, but what you're doing is destined to be unsustainable. When the time comes and you've moved on, what will happen to these employees?"
This was to give Xu Yang a warning.
The city's chief glanced at Cao Chuandong but said nothing.
Because Xu Yang had already solved this problem.
Xu Yang said with a slight smile, "I'm investing two billion, guess how long I can hold out?"
Cao Chuandong's eyes widened in amazement, "What, you're investing two billion!"
Two billion yuan could mean a loss of ten million a month for over a decade.