Chapter 116: The Height of Luxury
Tengying Entertainment includes Tenghui Department Store.
As well as Tengsheng Fresh Produce, fruits, and so on.
To be precise, they are all subsidiaries of Tenghui Capital.
Chen Pingsheng's shareholder design did not involve individual holdings; instead, Tenghui Capital held shares indirectly.
The advantage was that it separated corporate liabilities, preventing a one-shot breakthrough.
By having Tenghui Capital hold shares, it was essentially financial investment in some sense.
This could avoid some of the joint liabilities that arise in corporate operations.
Of course, the shares were all designed early on.
The only difference is that there are more and more subsidiaries under Tenghui Capital; if you add up all the employees of the subsidiaries, there are already over one hundred thousand.
With so many employees, management naturally became more and more complex.
The group even established an Industry Research Institute internally.
It included Lin Jia's Market Survey Department and an Economic Research Team comprised of some top economists.
It also included various expert teams for analysis.
Among them, personnel research analysts specialized in studying internal group staff salaries and providing targeted suggestions for adjustments.
Let's put it this way when the company only had dozens of people.
The boss could decide everything with a slap of the forehead.
When the company grew to hundreds or thousands of people, it required both the boss and senior managers to discuss and decide.
When the company turned into a group enterprise.
Many things had to be researched and decided upon subsequently.
It was absolutely impossible to make decisions about the future of the business with a slap of the forehead anymore.
The establishment of the research institute thus became inevitable.
Bai Xin was very clear about this; other expert groups aside,
The Personnel Research Group was specifically thinking about how to reduce salaries reasonably.
Outsiders all knew that including all the enterprises under Tenghui Capital, Tengying Entertainment's employee compensation had always been at the top of the industry.
Because of these old experts, everyone was in trepidation.
They would come out of the blue and say that the personal income of group employees was too high and needed to be reduced.
Citing grand reductions and whatnot.
It was as if they could not prove their worth without lowering employees' incomes.
Now, all right, it was all cut with a single stroke.
The matter of employee income still followed the boss's intentions.
All employees within the group breathed a sigh of relief as well.
That damn expert group, always wanting us to lower our salaries.
Now, good for you, your salaries haven't been reduced,
But the boss has fired you all.
Chen Pingsheng stood in front of the floor-to-ceiling window and said,
"Arrange for the HR department to go to the university for recruitment, and you supervise it too. Try to make all the procedures open and transparent."
Chen Pingsheng felt that one should still be a somewhat kind boss.
He came from ordinary people and would ultimately return to them.
University students used to be the envy of everyone.
If a child from a village got into a university, it was celebrated with lights and feasting.
The village's party secretary and the village chief would even visit to offer congratulations.
God knows from which year onwards these college students seemed to become a burden on society.
Each year during the graduation season, almost all the prestigious universities would proactively invite some renowned companies or groups to recruit within them.
They tried to arrange jobs where possible.
For those they couldn't, the experts advised them to first take up jobs in industries with lower entry barriers.
Forget about seven or eight thousand a month; even five thousand was difficult.
Twenty years of studying, overcoming every hurdle, and this was the result.
Chen Pingsheng had also heard the funniest thing from Zhang Tao, that three thousand yuan definitely couldn't hire a migrant worker,
But it could absolutely hire a migrant worker's college-educated son.
It wasn't mockery, but merely a lament about the rapid development of society.
Like in his case, if he earned twenty thousand a month, he would run himself ragged and still not keep up with the skyrocketing housing prices in Capital City.
All of a sudden, he felt that spoiled brat seemed exceptionally astute.
Because she began to understand these things at a very young age, when Bai Xin was tutoring her.
She asked the soul-searching question, why study?
If it's for making money,
Does she need it?
No matter how good your grades are, in the future at most I could offer you thirty thousand a month to work for me.
Thirty thousand, merely her monthly laundry allowance.
Thinking this, he truly felt that spoiled brat, aside from her poor grades, seemed quite capable in other aspects.
It was just that her young age was evident, and she especially liked to engage in senseless mischief.
Chen Pingsheng had no complaints about these social changes because he had no right to.
He now belonged to the category of people who enjoyed the benefits brought by social development.
But having reached his position, he believed he should think about giving back to society.
Without talking about making great contributions, at the very least, within his capabilities, he needed to ensure that the employees under his group could enjoy life while working.
996 was out of the question.
An eight-hour working day with weekends off,
He was unwavering in implementing the standards set by the country.
Furthermore, the highest industry standard for salaries was essential.
Having enjoyed the benefits brought by Golden Finger Grandpa, he should use these benefits to allow more people to live well.
Isn't this his corporate responsibility?
Considering that college graduates had no money upon graduation, once these interns officially joined Tengying Group,
He would just give each one ten thousand as a graduation reward for their hard work in studying.
Honestly speaking, his money had reached the point where he couldn't spend it all,
And he had no vices.
He neither gambled nor had interest in female stars.
At most, he just bought cars and headquarter buildings when he was free.
His wife liked luxury goods, and with her income, buying the most expensive items was as simple as an adult buying a lollipop.
It's the same old saying, the more the rich consume, the more it benefits the development of society.
It's just that houses aren't making money anymore, or else she could easily buy a hundred a year.
Those priced at one hundred and fifty thousand per square meter.
With that kind of income, luxury goods become everyday consumables.
In his family, drinking tea that costs a million per pound is just like ordinary people brewing some two-dollar-per-pound green tea.
The very notion of luxury goods doesn't exist for them.
That's also why they never flaunt such things.
What's there to show off? It's just tea that tastes pretty good.
No matter how expensive, it's only tea.
Last time, the spoiled brat did mention wanting to order a super yacht, the kind that can sail around the world.
Chen Pingsheng thought her idea was pretty good, a super yacht is like a super villa on the sea, and it's mobile at that.
To truly travel around the world, you'd need at least a billion to start with.
He plans to find a major foreign manufacturer for a reservation, as these kinds of yachts are personally customized according to the owner's needs.
From design to production, to final completion.
It takes at least three years, which means if he orders this year,
he'll likely receive it in 2019.
Chen Pingsheng feels he now has the capacity to pull this off, it's just a matter of over ten billion, something he could easily accumulate in three years.
It's not a strain at all.
Whether it's the Splendid Night at Water Cloud Space or the listing of Fei Yangyang,
or selling shares of Bobo Milk Tea, he can easily gather over ten billion in funds.
Now that he has the capability, he might as well fulfill the spoiled brat's little dream.
Of course, it's also about fulfilling his own dream of the sea.
The last one was ultimately too small, it could only run around in shallow waters.
In the deep-sea areas, facing a few large sharks, it could be sunk outright.
To reserve production of such a large yacht, first, you have to prove your funds.
At least you need to demonstrate your payment capabilities.
Secondly, a down payment of thirty percent is required, which is about five hundred million.
But before that, you have to submit ten million for the design drawings.
Once the drawings are finalized, you take them to the production factories of those super yachts and directly start the production queue.
Just ten million, he paid it off with a flick of his wrist.
Then he sent over all his ideas and requirements,
such as how many floors needed, how many rooms, room fittings, power system, and the dimensions of the swimming pool.
He had specific parameters to provide as a reference.
Chen Pingsheng filled them out one by one on the computer, choosing the best for everything.
He listed eighteen rooms, and they're all master bedrooms.
That doesn't include the crew's.
For such a super yacht, a minimum of twenty people are required to accompany it whenever it sets sail.
Their rooms are counted separately.
A super yacht built with over ten billion, that's what truly defines luxury.
As for the likes of LV, GUCCI, and so on.
They're called luxury goods only among ordinary people.
The luxurious goods of the wealthy are super yachts, five-star hotels, and super malls in golden locations.
Besides these, everything else is a daily necessity.
Not worth mentioning at all.
Even Chen An'an never shows off these things in front of her classmates.
She lost interest in them when she was seven.
Telling her classmates how expensive they are would be an insult to herself.
But a super yacht like this can still be a bit of a show-off.
After half an hour of sorting this out, Chen Pingsheng didn't bother with it anymore.
The design drawings will take three months.
That means he won't see them until 2016, and the manufacturer he chose is Riva Yachts, known as the 'Rolls-Royce of the water.'
With a history of 180 years, Chen Pingsheng is very confident in them.
…
The Group is about to start a comprehensive university recruitment drive.
The HR department, having received this notification, is quite excited.
Although this will add to their workload, it also allows them to visit these juniors' and sophomores' universities and give a good introduction to their own group.
That's something to look forward to, isn't it?
Anyway, Bai Xin has already started warming up her voice. After all, they're not the only enterprise recruiting at universities.
All sorts of well-known companies will be entering schools to recruit as well.
Companies that can recruit from Qingbei are definitely top-tier brands among private enterprises.
Such as big players like Penguin, Alibaba, Huawei, and Gree Electric Appliances, all Fortune 500 companies.
Tengying Group isn't qualified for such top-tier institutions yet,
but they can freely pick their preferred and needed talent from the 985 and 211 universities.
Of course.
A company's recruitment is essentially a two-way selection.
While you're choosing someone else, they're also choosing you.
There's competition among companies as well.
This time, the recruitment drive is massive, and Bai Xin has brought Song Shuiqing into the recruitment team.
As for the reason, of course, it's because of her special relationship with the boss.
Just think about it, she herself is a recent graduate, and before she has even graduated, she's returning to her own school for recruitment.
How could she not look forward to it?
Such an opportunity to strut, as the boss's personal secretary, she definitely had to include her.
Company campus recruitment.
Mainly concentrated between September and November each year.
It starts in mid-September and lasts until June of the following year.
Divided into spring and autumn recruitment periods.
This current session is part of the autumn recruitment period.
During this time, the number of companies and available positions is more plentiful, marking the peak of campus recruitment.