Chinese company has staff collect $9 million in bonuses from 6.5-foot-tall mountain of cash

Chinese company has staff collect $9 million in bonuses from 6.5-foot-tall mountain of cash


A Chinese crane manufacturing company distributed 61 million yuan (roughly $9 million) in bonuses to staff from a mountain of cash at its annual celebration.

On Jan. 17, Henan Mine posted movies of its staff strolling onto a stage to collect their year-end bonuses from a 6.5-foot-tall mountain of cash and strolling off with their arms full of banknotes.

An unnamed supervisor from Henan Mine’s public relations division instructed Jiemian News that three of the top-performing gross sales managers from the company have been awarded 5 million yuan (roughly $740,000) every.

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More than 30 different staff have been offered with no less than 1 million yuan (roughly $150,000).

“We held a gross sales year-end assembly on the evening of January 17, giving 61 million yuan in whole to 40 gross sales managers,” the supervisor stated.

“Nonetheless, the three high performers introduced in quite a lot of hundred million yuan, and one of them introduced in gross sales price over 300 million yuan.”

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In the viral movies, males sporting black fits and crimson scarves may be seen strolling off stage with their arms full of bricks of cash.

The high cash awards have been too heavy to be lifted alone and needed to be carried on trays by a number of folks.

The banknotes have been reportedly secured into bricks of 100,000 yuan (roughly $15,000).

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According to the company’s publicity supervisor, surnamed Feng, the company additionally held a money-counting contest the subsequent day.

Employees have been allowed to take any quantity of cash from a desk coated in 100-yuan (roughly $15) notes so long as they might give an correct depend of the cash inside quarter-hour. The company spent 12 million yuan on this competitors alone, with one worker amassing 157,000 yuan (roughly $23,000) from the desk.

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“They are all doing gross sales and the longest-serving staff have been working on the company for about seven years,” Feng instructed The Paper. “They are largely in their 40s and had nice work efficiency in the previous yr.”

The company additionally gave ang baos — crimson envelopes — containing 3,000 yuan (roughly $440) to greater than 5,000 staff because the celebration was held a couple of days earlier than Chinese New Year.

In earlier years, Henan Mine awarded staff with vehicles and medals of pure gold.

On the primary workday after the Chinese New Year, many individuals known as to submit their resumes to the company, reported Feng. He added that he obtained greater than 200 calls and on-line inquiries in two days.

According to the Henan Mine website, the company has greater than 4,500 staff and 428 gross sales and repair companies on a nationwide scale. Despite the slowdown in China’s economic system through the pandemic, the common wage of company staff has reportedly elevated by 30% annually.