50s: Starting with a storage ring

Chapter 353 Divide Money
After arranging the regular storage of finished gold, Cooper continued to report on the monthly expenditures.

"Now that there are more workers in the mine, there is another set of equipment that needs to be maintained, and the monthly cost has increased from the original $14 to $22."

"Understood, I will increase the funding in the future."

"Speaking of fees, your commissions from the past few months haven't been paid yet, so we'll pay them all at once today."

"Cooper, calculate everyone's commission and give me a total."

"Yes, Chairman. According to the ratio you mentioned last time, the total commission for everyone as of today is 5200 ounces of gold."

"Okay, wait a moment, I'll be right there." Sun Zhiwei immediately went downstairs to the room where he had put his luggage.

When he came out a short while later, he was carrying a heavy black leather suitcase.

Soon, Sun Zhiwei returned to the conference room and placed the heavy suitcase on the large conference table.

Amidst everyone's expectant gazes, Sun Zhiwei opened his suitcase, turning the opening towards the crowd.

Immediately, everyone's attention was drawn to the gold bars inside the suitcase.

It's not that they've never seen gold before; after all, this is a gold mine, and it produces a lot of gold bars every month. But those gold bars belong to the mine, and they can only look at them.

But this batch of gold bars is different; this should be their share, which is real income.

"There are 52 standard 100-ounce gold bars here. Let's distribute them now."

"Cooper, you report the amount of your share. Any amount less than 100 ounces will be carried over to the next distribution."

“Okay, BOSS.” Cooper immediately took out a pre-prepared document from the files and began calling out the names.

“Brian Clark: 1040 ounces, 40 ounces carried over to next month.”

"Rand Baldwin: 1040 ounces, 40 ounces carried over to next month."

"Zorn Moreno: 1040 ounces, 40 ounces carried over to next month."

"Marvin Hill: 520 ounces, 20 ounces carried over to next month."

“Bud Anderson: 520 ounces, 20 ounces carried over to next month.”

“Vio Cooper: 520 ounces, 20 ounces carried over to next month.”

"The position of office director is temporarily vacant; the BOSS position has already been filled."

The office manager was originally entitled to 520 ounces, but Clark has been personally managing office affairs for the past few months and has not recruited any new staff.

"So who has been handling the office affairs these past few months?"

When Sun Zhiwei asked the question, the farm manager, Clark, immediately stood up and answered:

"I personally manage the personnel, Cooper manages the procurement and finance departments, Hill manages the labor protection and safety departments, and the security team is in charge of the warehouse management."

"Are you sure this management style is okay?" Sun Zhiwei asked Clark.

"Boss, it has been running for 4 months and no problems have been found yet."

"Alright, the office's share will be temporarily distributed among the four of you. If we need to add an office director in the future, this share will then go back to the office."

"In that case, Brian Clark's share will change to 1170 ounces, and Bud Anderson, Marvin Hill, and I will each receive 650 ounces."

Finally, after confirming that everything was correct, Sun Zhiwei began to personally hand out the gold bars one by one.

As he distributed the materials, he explained to everyone:
"We were originally going to send you US dollars, but considering that the price of gold is rising every day, it's more cost-effective for you to send you gold directly."

"Another reason is that issuing gold bars directly avoids the bank, so you can store them at home and temporarily avoid paying taxes." Upon hearing this, everyone said that the BOSS was very thoughtful, and they had all heard how powerful the IRS was before.

However, apart from the farm manager and Cooper from the finance department, the others were not qualified for the IRS.

They will also be entering the high-income bracket in the future, and will have more and more opportunities to deal with the IRS, a fact that people are already beginning to understand.

After distributing the gold bars to everyone, there were still 3 bars left in the box. Sun Zhiwei pushed the remaining gold bars, along with the box, to Cooper.

"These will be issued again next time, and I'm too lazy to take them back, so I'll just keep them in the finance department for safekeeping."

"Okay, boss."

Cooper didn't say much, simply taking the box and placing it beside him. He would put the three gold bars in the safe when he returned to the finance department.

Everyone received their share, with the farm manager Clark receiving the most (11 sticks) and the others receiving the least (6 sticks).

The sight of the gleaming gold stirred their emotions. Sun Zhiwei didn't urge them; he simply sat in his chair and waited for them to calm down.

"Everyone, this is our first share of the profits. As mining continues, the profits will increase."

"Let's all work hard and make sure the mine is run well. This is my business, and it's your business too."

"I want to remind you of something here: once a mining accident occurs, we will have to pay $150 million for each miner who dies."

“How much is $150 million? At the current gold price, that’s 120 gold bars.”

"Of the 120 gold bars in this compensation, 12 are yours."

"Ladies and gentlemen, for the sake of our careers and wealth, please be careful, very careful, and make sure nothing else goes wrong."

No one can remain calm when their own vital interests are involved.

Sun Zhiwei is right. They are currently taking 10% of the mine's profits, so they naturally share in any losses as well.

Everyone then pledged to strictly supervise safety at the mine and ensure that no further accidents occur.

"Okay, I'm relieved that everyone is determined. I wish you all become millionaires next year."

"Alright, that concludes today's meeting. Clark, please stay behind. Everyone else, meeting adjourned."

Everyone left the conference room in high spirits with the gold, except for Clark, who remained seated.

After everyone else had left, he turned around and closed the conference room door.

"Clark, I intend to expand the mine, and it's not very realistic to look for new veins right now."

"So you need to keep an eye on news from nearby gold mines. If any gold mines are for sale, you should call me immediately."

"Yes, boss. I'll keep an eye on that news."

"The main reason we kept you here is for this. If you receive any messages, you should also find out the truth about the other party so that the company doesn't get scammed."

"Boss, don't worry, I know the mine managers in the area well and we often visit each other. It definitely won't interfere with company business."

"That's settled then. The mine has been managed very well these past few months, and I'm very satisfied."

"You need to study more and pay attention to improving your management skills. In the future, when the company acquires more gold mines, it will definitely be handed over to you for management."

"Thank you for your trust. I will enroll in a management program at the University of San Francisco next month."

(End of this chapter)