Sheng Xiping provided the company's start-up capital and made all the decisions regarding projects, so he should rightfully take the lion's share.
Wu Yucheng's network of connections also played a crucial role in this.
Without him, Sheng Xiping wouldn't have been able to supply feed mills smoothly, and there wouldn't be the company that followed.
Therefore, Sheng Xiping gave Wu Yucheng 15 percent of the shares.
As for the Liu brothers, they contributed their efforts and helped a lot.
Therefore, Sheng Xiping gave the Liu brothers 10% of the shares.
Wu Yucheng and the Liu brothers both said it was too much and refused, but Sheng Xiping persuaded them for a long time before they finally agreed.
As agreed, everyone signed the shareholding agreement, which serves as proof for subsequent dividends.
Given that the company still needs to develop after the New Year, the four million in profits cannot be distributed entirely. Two million will be kept in the account, two million will be distributed as dividends, and the remainder will be used for year-end bonuses for the company's employees.
Wu Yucheng received 300,000, the Liu brothers received 200,000, and Sheng Xiping received 1.5 million.
These days, regulations are still incomplete. There are very few privately owned companies in China. There are no precedents for things like shares or dividends, and no reporting procedures are required.
Not to mention personal income tax, which is practically non-existent in China.
That's why they registered a legitimate company; otherwise, they might have just gotten their money and been left in a daze.
"In addition, starting this month, everyone will receive a salary."
Yu Cheng earns 1200 a month, my older brothers earn 1000 each, and I earn 2000. Going forward, our income structure will consist of salary plus bonuses, and an annual dividend.
The company will gradually get back on track. It can't stay in the same makeshift way as before; everything needs to be formalized.
"Isn't that too high? You don't need to pay us such a high salary, three or five hundred will be enough."
"My previous job paid less than two hundred yuan a month." Wu Yucheng was shocked when he heard this.
1200 a month, that's half a year's salary for him before. Isn't that a bit excessive?
"Exactly, the wages are too high! My brother and I used to work hard farming and growing corn all year round, and we might not even be able to save a thousand yuan."
Meanwhile, Liu Yuhe also said that the salary was too high, a bit scary.
"You are partners in the company and also part of the management team, so it's normal for you to have higher salaries."
They all followed me, leaving their hometowns to work hard and endure hardship, just to earn some money, right?
The salaries of our other employees aren't low either. As long as everyone works hard and the company earns more, everything will fall into place.
Sheng Xiping smiled and waved his hand, saying that these people were all company veterans, so it was perfectly reasonable for them to receive higher salaries.
No matter how high the offer is, the lion's share will still go to Sheng Xiping. The most important thing is to keep people on your side.
Since Sheng Xiping insisted on this, Wu Yucheng and the others couldn't say anything more, and so everyone happily received their dividends.
The day after the shareholders distributed dividends, Sheng Xiping also gave year-end bonuses to the other employees of the company.
And he told everyone that this year, the company would give each employee a 14-inch black and white television for the Chinese New Year.
The year-end bonus was very generous. Even the young men who came with Liu Yujiang and only worked for a few months each received two or three thousand yuan.
What's more, everyone was also given a television set.
Whether it's black and white or color, these days they're hot commodities. If they weren't working for a company, it would be too much trouble for them to buy them themselves.
The entire company erupted in cheers.
"A few of us whose families live in other places will be heading back with the last batch of goods in a few days. We'll probably be back after the Lantern Festival."
For those of you living locally, please bear with us; you'll have a holiday until the Lunar New Year's Eve, and then return to work on the sixth day of the Lunar New Year.
After distributing the bonuses and benefits, Sheng Xiping then talked about the holiday arrangements.
After working so hard for so long, it's time to rest. Once you've had a good rest, you can work harder next year and earn more money.
"You'll still get paid during the holiday."
The people from Northeast China were a little slow to react when they heard Sheng Xiping's words, because they were all used to hibernating during the winter and doing nothing and resting during the Spring Festival.
The only surprise was that they still paid wages during the holiday, which was a bit unexpected.
But for the locals, this was the first time they had ever heard of a holiday of more than ten days during the Lunar New Year.
The popular saying here now is, "Time is money, efficiency is life."
The fact that they could have so many days off for the Lunar New Year was truly beyond their expectations.
"Mr. Sheng, is it really okay for us to take so many days off? This will disrupt a lot of business," Assistant General Manager Xiao Sun quietly asked Sheng Xiping.
"You don't understand. Most of our company's business is related to Northeast China. Back there, nothing is more important than having a good New Year."
I used to work at a forest farm, where we would have a holiday before the Lunar New Year and wouldn't return to work until the seventh or eighth day of the Lunar New Year.
It's pointless for us to go to work too early; we'll just be sitting around doing nothing. We might as well stay home and rest for a few days.
"Don't worry, a few more days off won't cause the company to go bankrupt." Sheng Xiping smiled and quietly reassured Xiao Sun.
"Our jobs are different; when we're busy, we can't get a break for half a month or twenty days."
It's Chinese New Year, so everyone should relax and unwind so they can be better prepared for work afterward.
In Sheng Xiping's view, life and work are equally important.
No matter how you live your life, it's only once. If you earn a lot of money but don't have time to enjoy it, what happiness is there?
Well, since the general manager has spoken, what's there to worry about? Which worker doesn't long for more holidays?
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