Chapter 624 Profit Sharing Scheme for Subsidiary Executives



After Zhu Han finished reporting, she also glanced at the year-end arrangements and said, "Call General Manager Li over."

Li Anting arrived quickly, carrying a thick stack of documents.

Jiang Xiaoli rubbed her forehead. "After being away for half a month, my good fortune has arrived."

Li Anting laughed and said, "Perhaps today's good fortune will require you, Chairman Jiang, to bleed a lot."

She smiled as she opened Li Anting's revised profit-sharing plan for the subsidiary's senior management. Although the plan only involved profit-sharing and did not involve share transfers, it was still a considerable expense.

She smiled and said, "You're absolutely right."

Jiang Xiaoli opened her computer, logged into the "Business System," and reviewed the financial data of each subsidiary one by one.

She made a few revisions to the proposal with her pen and said, “The profit sharing of companies that rely on the group’s background is an affirmation of the hard work of the management. The profit sharing of companies that rely on their own resources and capabilities is the group’s way of getting more involved with them. Different reasons, different proposals. Take a look at the proportions I’ve set.”

Li Anting took the document and glanced at it. "Chairman Jiang, isn't it a bit too much for 'Hero Jiang' to give to Shao Ping'an here?"

In the revised plan, Li Anting adjusted "Hero Jiang" Shao Ping'an's profit share from 2% to 5%, which she felt was already quite a lot, but Jiang Xiaoli directly adjusted it to 8%.

Jiang Xiaoli tapped her finger lightly on the table twice. "What do you think is the most important thing in the catering industry?"

Li Anting conservatively described it as "taste, hygiene, and service."

She nodded. "Yes, that's right, but if I had to rank them, hygiene would be the most important, service the next, and taste the least important."

"Jiang Da Xia" was able to open hundreds of branches across the country in just two years, partly because of its delicious food, but there are countless restaurants that have closed down due to management problems despite their good taste.

This achievement is inseparable from Shao Ping'an's efforts.

Shao Ping'an was among the first batch of college graduates to join the "Jiang's Group" after it established a school-enterprise cooperation with Peking University. He had no work experience, and he has put in a lot of hard work to get to where he is today.

Currently, "Master Jiang" has already made a name for itself nationwide, and its development momentum is unstoppable. For its future development, it is very important to have a leader who is of one mind with the group, and Shao Ping'an is such a person.

Li Anting quickly realized the problem and said with a smile, "Chairman Jiang, it's because I haven't been long-term enough."

Jiang Xiaoli smiled and said, "You are the head housekeeper of our group. It's already very good that you can be a little tight-fisted and know how to maintain a sense of proportion."

They then discussed "Jiang's Entertainment".

The funds initially allocated by the group have been gradually recovered, and "Jiang's Entertainment" is now one of the most sought-after entertainment companies in the industry.

With its early planning and acquisition of a large number of high-quality scripts, coupled with a mature and reliable filming and production team, "Jiang's Entertainment" now attracts the attention of countless investors as soon as its film and television projects are approved.

Based on this alone, the company has made a fortune by promoting many of its signed artists.

In this industry, the ability of managers is important, but resources are even more important. "Jiang's Entertainment" has been fully invested in and promoted by the group from the very beginning.

Whether it was investing in "Qiaochu" at the beginning or signing Wu Tingting, Zhang Tu and others to the company, she did it all by herself. Qiao Ru executed it quite well, but she didn't see the same expansion ability in her as Shao Ping'an.

Li Anting agreed with her on this point, suggesting, "Chairwoman Jiang, I believe the future development of 'Jiang's Entertainment' is highly likely to be influenced by top artists. Perhaps we could consider offering them better terms and contracts?"

Jiang Xiaoli nodded. "The first batch of artists who signed with the company won't last many years. If we want to keep Zhang Tu and the others, we need to offer them both emotional support and financial incentives. Let's create separate contracts for them and discuss the details gradually. We must not let them leave us."

Next up is "Dr. Pei"...

The two of them chatted until noon without finishing. Zhu Han came in to remind them of the time, and Jiang Xiaoli closed the file. "Let's go downstairs for lunch first, and we'll talk again after lunch."

Inside the elevator, Li Anting kept everyone in suspense, "Chairman Jiang, our cafeteria has been upgraded."

"Oh?" She was a little surprised. "Another new window opened?"

The companies in the "Jiang's Building" have continued to expand, and the number of employees has increased several times compared to the beginning. For a period of time, lunchtime had become like a university cafeteria.

The elevator reached the basement level, and Li Anting held the elevator door shut, saying, "You'll see when you see it."

The original cafeteria opened windows one by one according to the number of diners, which resulted in each window selling a hodgepodge of things, making it very messy.

The cafeteria is now divided into several sections: stir-fries, noodles, snacks, drinks... everything is separated. If you look closely, even the stir-fries section is further subdivided into Sichuan cuisine, Cantonese cuisine, etc.

Seeing this, Jiang Xiaoli smiled and praised, "It does look much more comfortable this way."

After a quick meal, they returned to the office for a more detailed discussion.

By 5 p.m., they had finally finalized the profit-sharing plan for the subsidiary's senior management.

Jiang Xiaoli stretched and said, "An Ting, let's settle on this for now. I'll be visiting the subsidiary tomorrow to have a detailed discussion with them before announcing the plan."

The two of them determined the profit-sharing plan based on everyone's past performance, but data is static while people are dynamic. These profit-sharings are all money that has been spent, so she had to repeatedly confirm that these people were truly capable.

In her past life, she had encountered subordinates who took credit for their employees' work, and she would never make the same mistake again.

Li Anting nodded and replied, "Okay, Chairman Jiang, I understand."

After saying that, she was about to get up and leave when Jiang Xiaoli smiled and said, "An Ting, have you forgotten something?"

"Hmm?" Li Anting didn't remember. "Chairman Jiang, you mean...?"

She laughed and said, "We've been talking about other people's business all day, what about yours?"

Li Anting was a little nervous and excited, "Chairman Jiang, I, I..."

She smiled slightly and held up one index finger. "An Ting, I've thought about this for a long time. Are you satisfied with this number?"

Li Anting was somewhat stunned, "Chairman Jiang, this is too much..."

One percent of the entire "Jiang Group" is no small amount.

Jiang Xiaoli said, "I had someone calculate the current valuation of the group. The three institutions offered between 26 billion and 33 billion, rounding it up to 30 billion. You have to pay for this 1% of the shares, using your dividends from the past few years to offset it. Once the offset is enough, we'll sign a formal transfer agreement. Do you have any objections?"

“No!” Li Anting shouted.

In fact, this money was essentially a gift from Jiang Xiaoli to her, just meant to keep her tied down for a few more years.

However, given the development speed of the "Jiang Group," it would be wishful thinking to spend 300 million to buy 1% of the group's shares a few years later.

Jiang Xiaoli smiled and said, "Then it's settled. I'll have my lawyer draft the contract in the next couple of days."

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