Meeting Summary

Seeing the grateful looks from these managers, they must have understood his intentions by now.

He picked up the water cup that Shen Rou had prepared for him, took a sip, and continued speaking.

"That is all for this year's summary. Now, let me talk about future matters."

"New Year's Day is almost here, and there's only one month left until the Spring Festival. It's time to start preparing for the company's annual meeting."

"Because the number of employees in the Group has increased, this year's annual meeting cannot be like last year's, where a small auditorium was enough. This time, we need a large auditorium."

"As for expenses, the annual meeting program, and all other costs, try to make everything as good as possible. Wei Yan, I will leave this matter to you."

Chen Mo's gaze fell on Wei Yan.

"Understood, President Chen."

Wei Yan nodded upon hearing this.

He was the one who organized the annual meeting last year. Since it was entrusted to him again this year, it was naturally a sign of President Chen's trust in him.

"Hmm, now that we've finished discussing the annual meeting, let's move on to salaries. Currently, the salaries of entry-level employees at Mingri Group are already far higher than those in the same industry. However, due to previous salary increase policies, the salary growth for upper management has not been very significant."

"Therefore, for the new year's salary increase policy, we will maintain the existing rules for entry-level employees, but I have made the following changes to the salary increases for upper management."

"Currently, the base salary for a Group supervisor is around 23,000, and for a manager, it is around 34,000. Compared to the branches of those large Groups, such salaries seem to still be lacking."

"Therefore, starting in January, supervisors will receive a raise of 17,000, bringing their final salary to 40,000, and managers will receive a raise of 26,000, bringing their final salary to 60,000."

"Alright, that is the salary increase I have decided upon. If you have any dissatisfaction, feel free to bring it up."

As Chen Mo spoke, he scanned everyone in the conference room.

However, upon hearing the amount of the salary increase, the managers in the conference room collectively fell into a state of stupor.

A one-time salary increase of 26,000—this was something they had never even imagined.

Moreover, although their salaries were slightly lower than those of managers in large Group branches, they had absolutely no complaints about it.

This was because President Chen had always been raising their salaries, and Mingri Group had only been established for a year. Comparing it to those large Groups that had been around for who knows how many years…

…was simply incomparable.

The conference room fell into silence for a moment, but after a while, there was a round of enthusiastic applause and expressions of gratitude.

"Thank you for your generosity, President Chen!"

"…"

Listening to the chorus of thanks, Chen Mo felt helpless. He felt unworthy of the gratitude from these managers.

His purpose in raising their salaries was simply to spend a little more System Funds; it wasn't as noble as these managers thought.

Sigh! Chen Mo sighed inwardly.

"Since no one has any objections, let's move on to the next matter."

"The new year is about to begin. For employees who have worked for a full year, I have added a new welfare policy: the year-end bonus will increase from 13 months' salary to 14 months' salary."

"This can be established as the Mingri Group salary policy: for every full year an employee works, their salary will increase by one month's pay, capped at 18 months' salary."

As President Chen's words fell, the managers in the conference room were once again shocked.

According to President Chen's rules, as long as one worked at the Group for five full years, they would have an 18-month salary structure.

An 18-month salary structure meant that for one year of work, one could earn a year and a half's worth of wages, and there were no other requirements—as long as you worked for five years, that was it.

Work for five years? In other companies, that might require endurance. But at Mingri Group, it would likely pass by very happily.

Given Mingri Group's previous benefits, basically no employees chose to resign. Now, with President Chen's new policy being announced, basically no one would choose to resign, right?

No, it wasn't that no one would choose to resign; it was that they would do everything in their power to avoid making mistakes and getting fired by the company.

With benefits like these, who would even think about resigning?

Chen Mo paused after finishing, and once everyone in the conference room had regained their composure, he continued.

"The new year is about to begin, so this year's year-end bonuses must be issued. Year-end bonuses for the same positions in each company will be identical, and they will be issued regardless of whether the company is operating at a loss or not."

"The year-end bonus amounts are as follows: 100,000 for regular employees, 300,000 for team leaders, 500,000 for senior team leaders, 1.5 million for department supervisors, and 3 million for managers. For all positions, there is no distinction between principal and deputy."

"Of course, this bonus is only for employees who have been with the company for at least half a year and are permanent staff."

"For those who have been employed for less than half a year, as well as auxiliary staff like cleaners, you can issue bonuses of 20,000 to 50,000 based on the company's situation."

"Those are the amounts. If anyone has any objections, feel free to bring them up."

The conference room fell into silence once again. All the managers looked at each other, their eyes filled with surprise and emotion.

They had thought that President Chen had called them all here today to announce something important. But this wasn't just something important; he was clearly here to distribute benefits to them.

A 3-million-yuan year-end bonus was not a small amount for them. As for objections—with benefits like these, who would have any?

Seeing that no one raised any objections, Chen Mo continued.

"Then, the matter of year-end bonuses is settled. Along with year-end bonuses, there will also be year-end project bonuses, though the year-end project bonuses will need to be determined based on each company's revenue."

"However, for those companies that do not have high revenue or are still in a state of loss, you don't need to be discouraged. Even if there is no achievement, there is still hard work, so there will also be project bonuses."

"The amounts are as follows: 50,000 for regular employees, 100,000 for team leaders, 200,000 for senior team leaders, 500,000 for department supervisors, and 1 million for managers."

"These are fixed amounts. As for the year-end bonuses for companies that are in a profitable state, I will issue them based on your company's profitability."

"The amounts are as follows: 100 million for Cangxue Games, 100 million for Boring Short Videos, 80 million for Lanpian Film and Television, 30 million for Nanhe Coffee, and 15 million for Pet Park."

"The above project bonuses will be distributed according to the different positions in the company."

"For example, Cangxue Games. There are currently three departments in total. The most profitable is the [Extreme Survival] department, followed by the [Tianlong] department, and finally the project still under development in Wei Yan's hands."

"And as company managers, Wei Yan and Fang Chang will certainly receive the largest share, with 10 million in project bonuses each."

"Zhao Bowen, as the company director, will receive an 8 million project bonus. Of the remaining 72 million, the [Extreme Survival] department will receive 35 million, the [Tianlong] department will receive 25 million, and finally, the project team under development by Wei Yan, adhering to the philosophy that hard work counts even without achievement, can receive 12 million."

"Basically, department supervisors can receive 1.5–3 million, team leaders will generally receive 800,000–1.5 million, and the remaining team members will receive the remaining average salary, which is roughly around 200,000–400,000."