Fangda Group will give each person a year-end bonus of 10,000 yuan?
At the end of the year, many people are looking forward to this year's year-end bonus? There is also news that listed companies do not issue year-end bonuses, but the most noteworthy thing is that Fangda Group announced that each person will issue a year-end bonus of 10,000 yuan.
1. Fangda Group will issue a year-end bonus of 10,000 yuan per person?
According to a report by Jiemian News, according to the official WeChat message of Liaoning Fangda Group, Fang Wei, chairman of the board of directors, said during the research and guidance of Northeast Pharmaceutical that in 2023, the performance of Northeast Pharmaceutical in all aspects will reach a record high. Therefore, he suggested that 10,000 yuan of red envelopes should be given to each employee of Northeast Pharmaceutical, and 2,000 yuan of red envelopes should be given to retired employees. As of the end of 2022, Northeast Pharmaceutical has 6,694 employees, and there are no retired employees. Based on this calculation, the total amount of the above red envelopes will reach 66.94 million yuan.
In the first three quarters of last year, Northeast Pharmaceutical's revenue was 6.4 billion yuan, down 2% year-on-year, and its net profit was 210 million yuan, a year-on-year increase of 71%. Northeast Pharmaceutical has not yet announced its 2023 performance forecast.
On the same day, Fang Wei mentioned in the research and guidance of ZTE Commercial that ZTE Commercial has been profitable for three years during the epidemic and will exceed the task in 2023. Therefore, he suggested that 10,000 yuan of red envelopes should be given to each employee of ZTE Commercial, and 3,000 yuan of red envelopes would be given to each retired employee. At the same time, Fang Wei proposed a 10% salary increase for all employees.
By the end of 2022, ZTE Commercial had 1,241 employees and 2,162 retirees. Based on this calculation, the total amount of the above-mentioned red envelopes will reach 18.89 million yuan. According to the performance forecast released by ZTE Commercial in early January, the net profit in 2023 will be 120 million to 160 million yuan, a year-on-year increase of 45.98%-92.7%. The Company's main businesses are department stores, supermarkets and online shopping platforms.
According to the information on the official website, Fangda Group is headquartered in Beijing, with total assets of more than 400 billion yuan, nearly 130,000 employees, and sales revenue exceeding 300 billion yuan in 2023.
2. What should I think of other people's year-end bonuses?
Fangda Group issued a year-end bonus of 10,000 yuan per person, and as soon as such news came out, it attracted the envy and attention of countless people. Many people are lamenting, why are other people's year-end bonuses always so generous? How should we view the high year-end bonuses of other people's companies?
First of all, Fangda Group's bold move in the distribution of year-end bonuses in recent years has become a hot topic of discussion in all walks of life. At the end of the year and the beginning of the year, when the employees of many enterprises are still looking forward to the specific amount of the year-end bonus, the employees of Fangda Group have received a rich "red envelope" early, and even reached the level of 10,000 yuan, which is undoubtedly envious of others and frequently arouses public attention. Looking back on the past, whether it is Fangda Carbon's issuance of BMW cars to employees as year-end bonuses, or Fangda Special Steel's issuance of huge year-end bonuses in the form of cash walls, it fully reflects Fangda Group's high recognition and incentive for the value of employees.
Secondly, for any enterprise, employees are the cornerstone of enterprise development, how to effectively mobilize the enthusiasm and creativity of employees, to achieve the maximum use of human resources, is very important. Fangda Group's high year-end bonus strategy is based on this concept. Just as the ancients said, "Cangli knows etiquette", enterprises can form a virtuous circle and stimulate their work enthusiasm and innovation potential while achieving good economic benefits and giving back to employees. This kind of real material reward is the most direct recognition of the hard work of employees, and it is also a powerful embodiment of the principle of focusing on sharing, fairness and justice in the corporate culture of the other large group.
Third, Fangda Group's behavior of issuing high year-end bonuses is not only an internal incentive, but also a high-profile corporate image display. This generous bonus distribution method, through extensive media reports, has produced a strong advertising effect in the society, which not only enhances the brand awareness and reputation of Fangda Group, but also demonstrates the strength and credibility of the enterprise. For employees, this means that the company they serve has a strong economic foundation and stable operation capabilities, which can provide a solid backing for their career development, and for upstream and downstream partners and potential investors, Fangda's move is undoubtedly a strong signal of confidence in its future development. At the same time, as a non-traditional marketing method, the high year-end bonus also conveys the information of the company's good financial status and broad development prospects to the outside world.
Fourth, from a long-term perspective, Fangda Group continues to implement a high bonus policy, which can not only stabilize the existing workforce and reduce the loss of talents, but also attract more outstanding talents to join. Talent is the foundation of enterprise development, with an efficient and loyal team, enterprises can be invincible in the fierce market competition. In addition, this generous bonus policy can also enhance the social image of the enterprise and enhance the attractiveness of the brand, thereby bringing more business opportunities and broader development space for the enterprise.