"Hiring?"
Upon hearing this, everyone looked bewildered.
"Brother Dong, what kind of jobs do you want us to hire?" Ah Long asked hurriedly.
"What kind of job recruitment is this? It's just a smokescreen."
Chen Dong smiled faintly and continued.
"What I want you to do is very simple: recruit workers on a large scale."
"If you can't rent a storefront in a short time, then go to an existing real estate agency and work with them."
"Brother Dong, are you trying to use the guise of recruitment to collect agency fees?"
Upon hearing this, Jiang Fei understood somewhat.
But he still didn't understand Chen Dong's true intentions.
Could it be that Chen Dong is planning to run off with the money under the guise of collecting commissions?
Upon hearing this, Chen Dong nodded and smiled.
"Yes, Fei-ge is half right."
"Let me ask you this: if you saw a job posting offering 500 yuan a month, wouldn't you be tempted?"
Everyone nodded.
With 500 yuan a month, who would still be a slacker!
This is equivalent to nearly five months' income for those self-important people with secure jobs.
"That's right. Even you guys are tempted. What about the others?"
"They'll be tempted too!"
That's certainly a solution, but the problem is, where can I find jobs to introduce to others?
We can't just let them all resell treasury bonds, can we?
That would require a significant amount of treasury bonds for them to manipulate.
To put it bluntly, the market is only so big, and the more people enter, the greater the competition will become.
What money will they make then?
Even with such a large market.
Once the news gets out, nobody's a fool, and nobody will be able to get their hands on cheap treasury bonds.
Chen Dong smiled and shook his head, explaining.
"It seems you still don't understand what I mean."
“We would release 500 openings, saying that the other party wanted to recruit 500 employees. We would collect a deposit of 10 yuan from each of them, and make it clear in black and white that we would promise them that if we did not successfully introduce them to any job, we would refund their deposit in full.”
"And on this basis, compensate the other party for losses equal to three times the annualized interest rate of their bank deposits."
As soon as he finished speaking, everyone started discussing it.
"Three times? How much is that?"
“I did my research before coming here. The current annualized interest rate for bank demand deposits is 2.88%, and the compensation is 3 times, which is 0.72%.”
At this point, Chen Dong smiled and added another explanation.
"In other words, if you borrow 10,000 yuan, you only need to pay 72 yuan in interest per month, which is quite a good deal."
Oh my god...
It's not just about being cost-effective.
To put it bluntly, the interest rate for a bank loan is higher than this.
Chen Dong also found out the current bank loan interest rates. The annualized interest rate for loans within 6 months and for loans within 1 year is the same, which is 11.34%.
Moreover, without connections or collateral, it's no wonder banks wouldn't bother with you.
Everyone was dumbfounded.
So that's how it can be done... I didn't know.
In their minds, there are only two ways to make money.
They either need to borrow money from private lenders or apply for a bank loan.
The route to the bank is clearly blocked.
The only solution is to borrow from private lenders.
Chen Dong's words completely overturned their understanding of money.
Such methods are unheard of, let alone seen or heard of.
The financial burden of 200,000 yuan felt like a mountain weighing on everyone's heads.
At this moment, however, it seemed as insignificant as a feather.
Even Jiang Fei, who doesn't like to joke, had a big smile on his face at this moment.
"Brother Dong, isn't 3 times the interest a bit low? How about 10 times?"
"Exactly, the interest on 10,000 yuan can only buy one pack of Hongtashan cigarettes."
Looking at the excited crowd, Chen Dong smiled faintly.
"It's up to you. If it really doesn't work, just advertise it at ten times the original price."
"But I also want to remind you that although we are officially recruiting 500 workers, the actual agency fees for 500 people are far from enough. All together, it's only 50,000 yuan."
"Therefore, we cannot concentrate on one agency to avoid being discovered by others..."
"Also... we need to make it clear to the job applicants that we charge a 100 yuan agency fee, and the 10 yuan is just a deposit. The remaining amount will be paid after the work is arranged."
"If no job is arranged, the deposit will be refunded in full, plus the corresponding interest."
"The most important point you need to make is that although we only charge a 10 yuan deposit, the more you pay, the faster we will arrange work. Conversely, if we don't arrange work, we will have to pay more compensation."
After hearing these words, everyone finally understood.
Chen Dong wanted to raise the bar for deposits by doing so.
Although it was publicly stated that it was a 10 yuan deposit, the remaining agency fee would be paid after finding a job.
However, there are probably quite a few people who pay the full agency fee at once in order to get a high salary as soon as possible.
"Brother Dong, there's another question... How much should we pay the agency?"
Upon hearing this, Chen Dong pondered for a moment and said.
“So, my bottom line is that each person contributes one yuan as a brokerage fee. I also tell them that if the job is arranged, we will add some more fees later. As for how much, you can decide for yourselves. If it doesn’t work out, we won’t take the brokerage fee we gave them upfront, but there will be no compensation later.”
"There are so many real estate agencies in the city, we can talk to a few more of them."
"Also, don't reveal our bottom line at the beginning. Try to talk to them and say that the company will be hiring more people in the future, and we can become partners."
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