I can become stronger by paying salaries. I have one billion employees!
Chapter 375 Boss, Run! Avalanche! Li Yanhong: What overtime pay? What a waste of money!
Chapter 375 Boss, Run! Avalanche! Li Yanhong: What overtime pay? What a waste of money!
The snow stopped in the city of Xucheng the following morning.
Outside the window, everything was covered in white. Several birds stared at the camphor tree in the garden of Villa No. 108, smelling the fragrance of the fruit, but dared not approach, as if there were a flood or a ferocious beast in front of them.
"Sweetie, Mommy's going to hug you," Song Yuncheng murmured softly in her sleep, giggling softly.
Chen Yansen frowned slightly, looking at Song Yuncheng with a strange expression, and couldn't help but chuckle.
But he didn't disturb her sweet dream. He simply lifted the corner of the blanket, pushed open the glass door of the third-floor balcony, and pinched a small handful of snow in his hand.
It's so refreshing!
President Chen turned his head and glanced at Song Yuncheng, who was sleeping soundly, a wicked smile curling at the corner of his mouth.
He grabbed a handful of snowflakes and kneaded them into a ball about the size of a fist.
Hi, it seems a bit too big.
Chen Yansen pondered for a moment, then took a snowball the size of a fingernail from the top, casually tossed it, and it accurately hit the gap in Song Yuncheng's pajamas, sliding down the valley into it.
"Boss, run! There's an avalanche!" Song Yuncheng muttered, twisting his body, but still didn't open his eyes.
Chen Yansen felt a warmth in his heart and couldn't bear to tease her anymore. He then left the master bedroom and went into the study.
Turn on your computer, log in to the data backend, and quickly take a look.
With the end of the Spring Festival shopping season, the approach of the Spring Festival, and the courier industry gradually closing for holidays, consumer demand is shifting offline, and e-commerce is entering its off-season.
Pinbei's daily transaction volume has dropped from one billion to eight hundred million.
All other courier companies have ceased operations, but Yunsu Express has managed to retain 60% of its couriers by offering high overtime pay, thus maintaining normal pickup and delivery services.
Liao Wei thought that business volume would be low during the Spring Festival, so 20% of the staff would be on duty. However, Chen Yansen knew that he could not let his guard down during the holiday.
Overtime pay is just a drop in the ocean; if we lose market share, we'll have to spend ten times the time and resources to win it back.
Therefore, although Yunsu does not mandate overtime, most couriers still choose to stay at their posts when faced with the temptation of triple overtime pay.
Housing prices are about to take off in 2013, while wage increases are far behind housing price increases, and commodity prices are also rising. Ordinary people can only take the opportunity to make more money, so who would be willing to rest?
“Buzz buzz—!”
Just then, the cell phone on the table rang.
Chen Yansen picked up the phone and saw that it was Cao Dahua calling. Without thinking much, he pressed the answer button and joked with a smile, "Calling the boss at eight o'clock, do you want to get fired?"
Cao Dahua chuckled awkwardly, knowing his boss was joking, and quickly explained, "Hehe, it's the company's annual party today, and the workers all wanted to wish you a Happy New Year. I was afraid of interfering with your daytime schedule, so..."
"Let's turn on the video." Chen Yansen sighed, not wanting to blame him.
"Okay, right away." Cao Dahua grinned, hung up the phone first, and then sent a video call invitation.
at the same time.
In the open space of the Orange Mobile Phone Factory in the Sino-Saudi Science and Technology Park, round tables are set up and drinks are piled up. Not far away, the chef is busy preparing lunch.
Suddenly, Chen Yansen's image appeared on the large screen in the center.
"Quiet! It's the big boss!"
"Shut up, everyone!"
"Shh!"
Before Cao Dahua could speak, the more than 20,000 employees fell silent instantly.
Happy New Year to all my brothers and sisters in Shenzhen!
Chen Yansen waved at the camera and gave a brief greeting.
Cao Dahua pointed the camera at the audience.
"Happy New Year, boss!"
"Wishing Mr. Chen a prosperous future!"
"I hope the boss marries several wives!"
"..."
Tens of thousands of people cheered and shouted, and all sorts of noisy blessings could be heard.
Chen Yansen's gaze pierced through the lens, carefully scrutinizing everyone in front of him.
These employees have different personalities, some are honest, some are cheerful, and some are impatient, but at this moment they all have sincere smiles on their faces.
With a smile, Chen Yansen continued, "Last year, the Shenzhen and Luzhou factories produced a total of 50 million Orange phones, 8 million 360 phones, 4 million NetEase phones, 10 million Huawei phones, and 7 million Xiaomi phones, generating over 100 billion yuan in revenue. You, like the R&D engineers at Orange Technology, are all heroes of the company. I'd like to raise a toast to you all."
After saying that, he picked up the teacup on the table and raised it to mid-air.
Immediately afterwards, the sound of glasses clinking could be heard in the video.
Many people were so excited that they had tears in their eyes. Could these peasants who had only studied for a few years be compared with the scientific researchers at headquarters?
I never would have dared to imagine this before, but the big boss actually said it himself.
Boss Chen provided them with a stable and generous income, and even more importantly, he gave them ample respect.
The CEOs, worth hundreds of billions of US dollars, addressed each other as "brothers and sisters," and even if it was just polite talk, it deeply moved them.
"Have the Q4 quarterly bonuses all arrived by now?" Chen Yansen asked remotely.
"I received it last month!"
"thank you boss!"
"May the boss have ten sons in one pregnancy!"
"..."
The employees below the stage raised their heads and shouted at the top of their lungs.
"For those brothers and sisters who go home for the Spring Festival, the company will reimburse their round-trip train tickets. Those who stay at the factory will each receive a holiday bonus of 1000 yuan. Next year, I will adjust the minimum hourly wage standard for everyone based on the factory's production capacity, yield rate, and other data. Keep it up!"
Chen Yansen casually made grand promises.
The hourly wage is 25 yuan, and the base salary is 3300 yuan a month. It's not even as good as a junior clerk. This is nothing.
The implication is that there will be a salary increase next year!
"Another price increase? Wouldn't that mean thirty yuan an hour?"
Cao Dahua smiled bitterly. He wasn't joking. There really was a factory owner in Shenzhen who said he would pay to break one of his legs, and even threatened to send him to work in the mobile phone manufacturing industry in a large truck.
But a few days ago, the top secretary of the Central Commission for Discipline Inspection and a bigwig from the Inspection Association visited the Orange Mobile phone factory together. This move was tantamount to announcing to the outside world: anyone who dares to touch Orange will be severely punished!
This is equivalent to giving the factory and Cao Dahua a "protective shield".
Various associations in Shenzhen also presented a number of awards, such as National Green Factory, 2012 ESG Exemplary Enterprise Award, Outstanding Contribution Award to the Asian Electronics Industry, and Lighthouse Factory.
It's worth noting that Orange Mobile was the number one smartphone brand in China and the sixth largest globally in 2012. If Shenzhen can't protect it, there are plenty of first- and second-tier cities willing to offer land, low-interest loans, and other preferential policies.
But Cao Dahua was also afraid of encountering a hothead, so he secretly thought: I'll buy a bulletproof Mercedes and ask my boss for reimbursement.
"If it goes up another 30, won't it be 30?"
"That means a base salary of four thousand yuan a month!" "No wonder the boss makes so much money!"
More than 20,000 employees were overjoyed, their faces beaming with happiness, wishing they could worship Chen Yansen as a god of wealth.
Five minutes later, Chen Yansen ended the video call.
There's no way around it; the group has too many holding subsidiaries. If we were to attend one event every day like last year, we probably wouldn't be able to finish by the Lantern Festival.
At 9:00 a.m., a panda-themed Ghost drove into Zhuxianzhuang Science and Technology Park.
Chen Yansen pushed open the door, got out of the car, and stepped into Building No. 6.
"Squad leader, Happy New Year!" Xu Xingxing, dressed in a bright red Ming Dynasty-style New Year's greeting outfit, handed over a red envelope with a smile.
"Manager Xu, Happy New Year!" Chen Yansen said jokingly as he accepted the red envelope.
Xu Xingxing followed him all the way from the FoxTao project, and after two and a half years of honing her skills, she was finally promoted from team leader to supervisor in January. Although her growth rate was not as fast as Zhang Yifeng, Xiang Pengfei and others, she was still considered extremely outstanding.
"Class monitor, General Manager Huang is in the conference room on the second floor," Xu Xingxing reminded him.
Chen Yansen nodded slightly and put the red envelope into his pocket.
On the last day before the holiday, the administration department organized red envelope giveaways in each office building.
The red envelopes don't contain much money, maybe fifty, one hundred, two hundred, or at most eight hundred yuan; it's just for good luck.
I went to the office on the top floor and boiled water to make tea.
Chen Yansen leaned back on the sofa, took out his phone, set up a ladder, logged into Mimo, and started watching short videos.
The weather in North America is hot, and even in winter, most of the girls dress very lightly. There are more than a dozen videos in a row featuring girls with big lights.
"I guess I've finally built up this account."
Chen Yansen's lips curled up slightly, a smile appearing on his face.
"Knock knock knock—!" A knocking sound rang out.
"Come in."
Chen Yansen silently put away his phone and responded loudly.
Huang Zheng, who had just finished a meeting with the investment and operations department, pushed open the door and walked in, greeting the boss with a smile: "Happy New Year, boss."
"Mmm, for you."
Chen Yansen grabbed a document and threw it to Huang Zheng, saying...
Pinbei Technology Option Transfer Agreement!
Huang Zheng glanced at it and immediately felt that his hard work over the past few months had not been in vain.
He traveled from Hangzhou to Xucheng, working from 8 a.m. to 10 p.m. every day. Was it for money or to endure hardship?
"Thank you, boss," Huang Zheng said with a smile.
The total of 100 million shares is worth 1100 million US dollars, which is much higher than his annual income when he started his business, not to mention his salary and bonuses.
"What time does the annual meeting start tonight?" Chen Yansen asked.
"At six o'clock, some employees will finish the lucky draw and then have to catch their trains," Huang Zheng replied.
"You've worked hard," Chen Yansen encouraged. He paused and then said, "Last year, Pinduoduo achieved sales of 3174 billion yuan. I hope to double that in 2013 and break through one trillion yuan in 2014. Whether we can surpass Ali is not important. Just do our best."
“Okay, boss, I understand,” Huang Zheng quickly replied.
“I just checked, the workstations in Building 6 are too crowded. Let’s move the customer service department, business development and operations department, and events department to Building 5.”
Chen Yansen thought for a moment and said.
Pinbei's expansion speed is too fast. The eleven-story office building is crammed full of more than 3,000 people.
“Then I’ll have the administration department coordinate it, and we’ll move after the New Year,” Huang Zheng replied.
"Old Gao has transferred some funds to your Orange Payment account to give out red envelopes to your subordinates during the Chinese New Year: 1000 yuan for team leaders, 3000 yuan for supervisors, 5000 yuan for directors, 1 yuan for department managers, and 5 yuan for project leaders. Remember to spend it all," Chen Yansen instructed.
"No problem, I guarantee I'll complete the mission," Huang Zheng said cheerfully.
"When are you going back?" Chen Yansen asked softly after giving his instructions.
"I'll be heading back to Hangzhou tomorrow morning," Huang Zheng replied immediately.
"Have some tea." Chen Yansen picked up a cup of hot tea and handed it to Huang Zheng.
Huang Zheng thanked him repeatedly, held the teacup, and took a small sip.
At first, he felt a little awkward working for Chen Yansen, fearing that the young man was too hot-tempered to be taken care of. But after a few months, he realized that Chen Yansen was more composed than Duan Yongping.
They are generous and patient, and will not arbitrarily adjust their strategic direction if they encounter even the slightest setback in the project's progress.
But Xiang Hailong didn't have his good luck. Li Yanhong was extremely impatient and bluntly said: "If Didi Chuxing can't get a 20% market share before the end of Q2, the CEO will have to be replaced."
In fact, after the subsidy war was canceled, Xiang Hailong's position in North China, East China, Central China, South China and Northeast China remained stable. Although his market share did not change, his daily order volume increased from 60 to 90. Relying on the ecosystem of Baidu Maps, Didi Chuxing gradually gained a loyal user base.
He did a very steady job, but Li Yanhong couldn't afford to lose face!
Because Kuaidi Dache's daily business volume has exceeded 8 million orders, occupying nearly 90% of the market share.
Since Xiang Hailong took over the project, Didi Chuxing's market share has plummeted from 25% to just over 10%.
In this way, Li Yanhong's act of kicking Cheng Wei out and replacing the CEO with his own people becomes a clownish act.
If Cheng Wei lacked ability, it would be understandable for investors to sideline the founder. However, after leaving Didi Chuxing, he made Didi Bike a great success. In contrast, Xiang Hailong, handpicked by Li Yanhong, performed even worse than Cheng Wei.
Therefore, Qiandu encountered trouble when it tried to acquire UC Browser. He Xiaopeng did not trust Li Yanhong and, after weighing the pros and cons, actually rejected Qiandu and instead started colluding with Ma Liyun.
Li Yanhong looked at Xiang Hailong with displeasure, then waved his hand, signaling the other party to get lost.
A short while later, Wang Zhongpu, the person in charge of Qiandu Waimai, walked in and sat down opposite Li Yanhong.
"Boss, there's a problem that needs your approval. Delivery drivers from Beijing, Changshan, Tianjin, and other places will likely be returning to their hometowns in the next two days, which will create a vacuum in delivery capacity. Should we increase the unit price and bonuses for completing orders during the Spring Festival to retain our delivery drivers?" Wang Zhongpu asked slowly.
"How much have daily orders in the Yanjing area fallen compared to last week?" Li Yanhong asked.
“50%.” Wang Zhongpu sighed slightly; he understood what the big boss meant.
"With out-of-town riders making up about 40% of the workforce, there's still room for order volume to decline. What's the point of just raising the unit price and offering bonuses for completing orders? Overall income is declining unless you learn from Kuaishou and offer riders a base salary," Li Yanhong said noncommittally.
In his view, there was no need to waste extra money on 40% of the orders, since there were plenty of riders available anyway.
Wang Xin and Li Yanhong had similar ideas, but Wang Xin was more cautious than Li Yanhong.
He knew that a delivery rider familiar with the routes and neighborhood layouts could deliver three to five times faster than the average person, and these riders were more valuable to recruit.
So, after discussing it with Wang Huiwen, he carefully selected a group of riders and gave them an extra subsidy of 200 yuan per day from February 9th to February 12th; and an extra subsidy of 100 yuan per day from February 13th to February 15th. In addition, he also increased the unit price and the bonus for completing a certain number of orders.
Compared to Baidu Waimai, Meituan Waimai has actually lost some money.
On the streets of Yanjing, the north wind was like a knife.
Jiang Hao had just finished the morning rush hour. He tightened his orange windbreaker, which had a down liner underneath, making him very warm.
He was just about to go back to the station for a cup of tea when he saw several Qiandu deliverymen wearing red windbreakers.
Jiang Hao looked disgusted; the other person's clothes were filthy, practically tarnishing the reputation of the food delivery industry.
(End of this chapter)
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