Chapter 908 Loyalty Award
I don’t know if Yin Jun’s memory is wrong.
It's already late June, and housing prices in Xiangjiang are still soaring.
For example, yesterday Sun Hung Kai Properties opened a new project. The first batch was only more than 500 units, but two days ago, more than 6,000 people queued up overnight. Then the price increased three times in one day, but the number of people queuing up increased. more.
Now even "die-hards" like "Kilin Daily" have begun to gradually change their tone, thinking that Xiangjiang's property market will still be booming for at least another year or two.
When housing prices skyrocket like this, not many people in Xiangjiang can live safely.
Stars and staff from Kylin TV, Kylin Movies, and Kylin Records, which are owned by Kylin Culture, all talk about houses when they meet during this period.
It's okay if the income is enough, but many employees and actors with low incomes have asked their immediate bosses, can we ask Mr. Jun to talk to the bank and give us more loans?
It cannot be said that Labor Jun should go to HSBC or Heung Kong Commercial Bank.
Speaking of which, Kirin Group's salary package and the company's development prospects are among the best in Xiangjiang.
On weekdays, the employees of Qilin Group are all affiliated with major banks, and they are not required to ask for loans. People from many banks will take the initiative to ask them whether they can provide loans.
However, after two consecutive huge transactions in the Xiangjiang property market in June, everyone wanted to take out a loan to buy a house and increase investment value. As a result, it was not easy for employees of the Kirin Group to get loans. Document review, loan limit, etc. There are very long and strict procedures, which makes them feel a little panicked when they look at the house but can't buy it.
Under such circumstances, it is natural for them to want to find Yin Jun.
But the young man did not agree.
Knowing that there is going to be a big hole soon, and there will be another sinkhole next year, why should I push my employees into it?
Those celebrities have money and want to squander it to buy a house, that is their business, and after they get into the trap, they still have a lot of money-making ability, so don't worry about them.
But ordinary employees are different. No matter how high their salary is, it is only three to four thousand. If they invest in a house that has become so crazy that the average price has soared to 1,300 per square foot, after the house price plummets, they will bear such a high monthly salary. The interest rate will crush the entire family.
After rejecting the request of this group of people, although they had a small complaint in their hearts, they actually didn't say much.
They were eating under Yin Jun. How could it be possible that the boss would hold a grudge if he didn't help?
This doesn’t make sense logically.
However, Yin Jun felt that he could still do something.
So while having dinner with Le Yiling, he brought up something he had mentioned a long time ago.
Loyalty Award.
This is an idea that Yin Jun mentioned to Le Yiling after he bought Kylin TV.
If you want employees to work seriously and have a sense of belonging to the company, you must not just use coercive methods, but you must also allow them to see long-term benefits.
This loyalty award is one of them.
Yin Jun has two plans.
The first is how much the artists and staff are paid each year. At the end of the year, I will give them an additional 10% of their salary as a bonus.
However, this money will not be handed over directly to them, but will be deposited in the "Kirin Protection Fund", and some stocks with stable growth will be purchased every year, such as Cheung Kong Group, New World Development, Sun Hung Kai Properties and other companies. Income dividends are issued once every 3 years.
When they have worked in the company for more than 10 years, the money can be withdrawn and used, and then there will be money saved every year.
Once they leave the company within this 10-year cycle, the money has nothing to do with them.
And if any employee or artist dies due to accident or illness during this period, the money will be directly interrupted and taken out to be distributed to their families.
If they leave midway because they are fired, they will not receive a penny of this money.
If there are actors over 50 years old, they can receive the money after only 5 years, and the fund collection period will also become 5 years.
Of course, if you don't withdraw it all the time and just put it in it and receive the dividend every three years, that's totally fine.
The second benefit is about the hottest house right now.
The company will uniformly provide certain subsidies for the houses where company employees live, which is in addition to salary bonuses.
Then, the company will build some houses one after another, and distribute them to people in the company according to the size of their contribution, so that they have the right to live in them.
However, if you want to obtain property rights, you must work for more than 15 years.
Of course, such a house is not too big. It is usually 300-500 square feet. Large houses over 1,000 square feet can only be owned by top management and big stars.
Yin Jun remembers that in the future, this model of welfare will actually be available in the mainland. This method of binding outstanding employees through years of experience is especially effective in big cities like Beijing, Shanghai, Guangzhou and Shenzhen.
Not to mention that Yin Jun is still preparing to implement this measure in Xiangjiang.
With the two powerful tools of security fund and house property rights, as well as this loyalty award, the Qilin Group's appeal to workers, especially outstanding workers, will be much greater.
Under normal circumstances, others have no way of leveraging their own employees and artists.
But when talking about the loyalty award measure last year, Le Yiling rejected it without hesitation.
The reason is that you were originally planning to increase their salary and benefits, but now you give them a big benefit. Doesn’t it make their appetite suddenly increase a lot? How to manage it in the future?
Yin Jun thought so.
No matter how good the employees are, once they are accustomed to enjoying good welfare benefits, it is very difficult to suddenly let them share the joys and sorrows, and it is not easy to cultivate their enthusiasm for work.
Therefore, at that time, they only announced a substantial increase in basic salary, bonuses, etc.
Speaking of which, at that time, although Kylin TV was overjoyed, TVB and ATV were shouting curses. Qiu Degen couldn't help but complain about Yin Jun while eating.
But the ATV at this time is different from the ATV in the previous life.
Qiu Degen has the same set of management staff as before, including Li's three heroes. In addition to giving him scripts, Yin Jun also recruited Zheng Shaoqiu and Zhao Yazhi. These changes have made ATV's The business situation is very good. Last year's bidding conference was a great success and it has already started to make profits.
So after working hard for a while and seeing that everyone was not very motivated to work, Qiu Degen could only use part of the money to increase everyone's bonuses.
There is no salary increase, but if the performance is good and the results are satisfactory, the bonus is still acceptable.
This also appeased the hearts of ATV employees and actors.
But TVB was different. Shao Yifu was fighting with the Lee family at that time, and Fang Yihua was already stingy. How could he possibly increase the salary of his employees?
That is to say, TVB TVB's contract is too harsh, often lasting 5 or 10 years, so many TVB employees and actors have no choice but to be patient. However, those employees and actors whose contracts have expired, without exception, defected to Kylin TV and ATV, this made Shao Yifu, who had recovered a bit this year, very embarrassed. He had already begun to change and improve his salary and benefits, and also made the contract more demanding.
"Although the real estate in Xiangjiang is skyrocketing now, the three major TV stations have no obligation to provide such benefits to their employees. Ah Jun, you have to think carefully. If you do this, you will have to keep doing it. It will cost a lot, and it will be very expensive." "The hard work." Le Yiling said, "The key point is, do you think it's worth it? Not all of them are as good and grateful as you think."
Yin Jun smiled.
Sister Le is such a person. She looks at everyone except herself with suspicion and critical eyes.
Not to mention outsiders, even Guan Zhilin and Wen Bixia were a little scared in front of her.
It is said that Zhao Yazhi met Le Yiling several times and was looked at by her scrutinizing eyes, which made her almost blurt out and call her "sister". From this, you can see how powerful Le Yiling's aura is.
"Sister, I know their gratitude is only temporary, but our hard work is permanent." After laughing, Yin Jun said sincerely: "But as a company, I think if employees have stronger motivation, then It can create more wealth for us and make our career more prosperous.
In fact, my loyalty awards are all given on a long-term basis. For example, the 10% additional protection fund is linked to their salary. For ordinary employees who don't contribute much, 10% is very small, and it won't be much in 10 or 20 years. If it is an employee who has contributed a lot, the 10% may be a little more, but it also means that they are worth the price!
And no matter how much or how little, the money allows them to work in the company with peace of mind. Because if they leave, the money is gone. Unless someone else paid a sky-high price to recruit people, why would these people move if the conditions were similar, or just a little better? It's better to stay in our company and feel more comfortable.
As for the house, it will be at least 15 years. How much does it cost to buy a house now? According to the housing prices in Xiangjiang, how high will they rise in 15 years? If nothing else, this alone allows us to keep most of our outstanding employees in the company. And during these 15 years, they must have worked hard without complaint. Because if we don’t work hard, the house will be gone and we will be forced to move out. "
"Haha, houses in Xiangjiang are cheap now?" Le Yiling said with a bit of a smile.
"Didn't I tell you? Next year at most, housing prices in Xiangjiang will plummet! From 1983 to 1984, at most they were only one-third of the current peak!" Yin Jun said, "That's the best time to buy at the bottom... …Sister, I will buy you a villa on the top of the mountain when the time comes, and we will be neighbors.”
"Get lost."
Le Yiling said unceremoniously, "I'm too lazy to watch your house change its mistress all the time."
Yin Jun smiled sheepishly, not daring to answer the question.
After scolding this kid who was getting more and more outrageous, Le Yiling pondered for a while and then said: "If you are really interested in doing this, then we can't be so impatient. Let me study the specific details first. , and then announced the 10% Kirin Protection Fund to make them happy, but it will not be implemented until next year.
But don't talk about this house. Wait until the house plummets and then rises a little, and then we will announce this good news to them. If you say so now, firstly, you are giving too much, and secondly, where are you going to give them a house? Having said that, you can't provide a house for a while, which is not good. And it’s still not good to give too much at once. Two or three years apart, this time span would be even better. "
"Okay, just follow what you want, sister!" Yin Jun nodded.
Sister Le's grasp of time is naturally better than mine, so let her handle the specific operations.