Chapter 412 Exorbitant Compensation



"Besides, you've already opened a gold mine, so you won't be short of this, right?" Xiahou said with a smile.

"Absolutely, our wages will definitely be higher than the average, don't worry," Chen Feng assured him, patting his chest.

The average salary in the city is around 800, but Chen Feng plans to set it at 1,000. With some benefits and full attendance bonuses, his monthly salary could reach 1,200.

With a little overtime work, earning 1,500 a month is not a problem.

The villagers would be overjoyed to receive such a salary right at their doorstep, and Chen Feng is indeed being very generous, almost doubling the average wage.

"And your salary must never be delayed. No matter what problems you encounter, your salary must be paid immediately."

"Otherwise, if someone reports it to the city, you'll get a warning, and if it gets too serious, they might even revoke your mining license. Don't forget that."

"Don't worry, I definitely won't delay your wages. We're all from the same village, how could I do something so immoral?"

Even without Xiahou's reminder, Chen Feng would have noticed this.

"The other issue is safety. Someone will talk to you about that later, so just be careful."

"Another major issue is the compensation payment."

"Did you talk to the villagers?" Xiahou asked, picking up his thermos and taking a sip of tea.

"Not yet, we just finished drawing the area, we haven't had time to do it yet," Chen Feng replied truthfully.

"Yes, you can discuss the compensation issue when you go back this time."

"The regulation stipulates that compensation will be double the grain price of previous years, and then the remaining years of the contract will be considered before a one-time compensation is paid."

"Of course, the subsidy is usually more than the price of grain, it depends on your negotiation."

"If you're willing to give more, we have no objection; you'll have to negotiate it yourself."

"The time limit starts from the day the contract is signed and the full amount must be paid within one year. The method of payment is up to you; whether you pay in one lump sum or in installments is up to you to discuss. There are no fixed rules."

"But remember, the compensation must be paid in full within one year, otherwise, if any villagers file a complaint."

"The mine will be shut down for rectification. You need to understand the implications of this matter carefully, and only after this is resolved can operations resume," Xiahou instructed.

"I understand, sir. Don't worry, I'll definitely do it legally and reasonably, and I won't cause you any trouble." Chen Feng understood what he meant completely and nodded repeatedly.

"Okay, I'm glad you understand. Write down my phone number. You can contact me if you need anything. I'll keep an eye on the mining progress."

"Is there anything else you don't understand?" Xiahou put down his teacup and looked at Chen Feng.

"Without the leader here, I'll go back and discuss the compensation with the villagers. Once the contract is signed, I'll come back to see you again." Chen Feng said, standing up and smiling at Xiahou.

"Alright, then you can go back now." Xiahou also stood up, as if to see Chen Feng off.

"Thank you, boss. Goodbye, boss." After saying goodbye, Chen Feng quietly closed the door behind him before leaving.

Xiahou watched Chen Feng's departing figure, then sat down on his own, picked up a teacup, and stared into deep thought.

Chen Feng quickly returned home, and the first thing he did was to figure out which villagers were included in these land plots and how much the compensation would be.

“Last year, one mu of corn could earn about 800 yuan after deducting the cost of seeds and fertilizer. You have more than 1,000 mu in total. How much compensation will you have?” Liu Ping grinned as she did the math.

"Eight hundred per mu, round it up to one thousand. The land rent here is for twenty years, and this time it was just subcontracted not long ago."

"For 1,000 mu of land, double the compensation for one year would amount to two million, and for twenty years it would be forty million."

"Damn it, now I know why those people who get relocated are so rich. If I were in their shoes, I'd be rich too." Chen Feng calculated the figure and felt a pang of heartache.

I've been working like crazy, and I only have a little over ten million in my account now.

Not counting the cost of the gold mine, the compensation alone will amount to more than 40 million.

It's fortunate that time was given; otherwise, even if Chen Feng worked himself to the bone, it would take who knows how long to save up 40 million.

"There's nothing we can do. Your gold mine just happens to be on farmland. If it weren't on farmland, the compensation wouldn't be this much." Xia Yingying shook her head and sighed. There was nothing she could do about it.

Chen Feng felt bad about the loss, but good business doesn't have to worry about taxes.

"Whose land is this thousand acres? It seems like there are people from other villages involved," Chen Feng said after a moment's thought.

"Of these 1,000 mu of land, four belong to our village and one to another village, each owning about 200 mu," Liu Ping replied after a moment's thought.

Chen Feng didn't pay attention, so he didn't know, but Liu Ping was very clear about the ownership of these places.

"Okay, I'll contact them in a bit and have them come over to discuss the compensation. Let's get the contract signed as soon as possible so I can get the certificates done." Chen Feng said, taking out his phone and making calls one by one.

On the phone, Chen Feng only mentioned the issue of land occupation, which left them completely confused, but they still said they would come over immediately.

The one from the outer village is from Xiaoqiao Village. Chen Feng searched for a long time before finding his phone number.

"Hello, is this Du Jin?" Chen Feng asked.

"Hey, it's me. Who is this?" The person on the other end of the phone sounded a little strange.

"Hello, I'm Chen Feng from Xuri Village. Could you come to Xuri Village? Something has been found underground in your area. Let's talk about the land compensation issue."

After Chen Feng finished speaking, the person on the other end of the phone was clearly silent for a moment, probably digesting this huge amount of information.

"Oh my god, no wonder someone was walking around on my ground the other day. There must be something down there!" Du Jin said with a sudden realization.

“Yes, come over here. I’ll explain the details to you later,” Chen Feng said.

"Okay, okay, I'll be right there. Is your house the one with the newly built villa?" Du Jin asked.

"Yes, that's me." Chen Feng nodded.

Although Du Jin had never met Chen Feng, he had heard of his deeds and was therefore quite familiar with him.

"Okay, I'm coming right now." Du Jin hung up the phone, got dressed, and rushed over.

The villagers arrived quickly; the four of them exchanged puzzled glances at each other as they reached the door.

"You're here too?"

"Yeah, Fengzi called me. You did too?"

"Yeah, they're talking about compensation, but how come they've actually given us any?"

"I didn't really understand either, let's go inside and talk about it."

"Everyone, come in and let's chat," Chen Feng said with a smile, standing at the door.

"Hey, Fengzi, this is my first time visiting your new house. It's really impressive."

"Wow, Fengzi has really made something of himself; his business is growing bigger and bigger."

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