fbpx
Connect with us

Social Stories

WATCH: Chinese Company Gives Bonuses Totaling RM38 MILLION to Employees in Mountain of Cash

Published

Ft Money
Source: YouTube

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

The first few months of the year is often when you’d expect your company to dish out bonuses to employees as a reward for their hard work and efforts.

However, the amount of money in bonuses each individual employee gets and the way it’s presented can often be different.

Recently, a Chinese company went viral after videos surfaced of staff piling up 61 million yuan (RM38 million) in banknotes on a stage before handing out the cash to employees as year-end bonuses.

Mountain

 

The company was identified as Henan Mine, a crane manufacturer based in the country’s Henan province. In the video, staff piled the cash in a mountain at the company’s annual party before they invited their workers on stage to claim the bonuses.

According to South China Morning Post, the incident took place on 17 January.

In the video, people in suits and red scarves were seen taking the piles of banknotes away with the amount given to some people was so much that it required multiple people to carry it.

According to SCMP, the 3 best-performing managers got 5 million yuan (RM3.1 million) each. Meanwhile, over 30 other workers were awarded at least one million yuan (RM630,423).

Carry

 

An unnamed manager from Henan Mine’s public relations department said, “We held a sales year-end meeting on the night of January 17, giving 61 million yuan in total to 40 sales managers.”

The employees also took part in a money counting competition where they were offered the number of 100-yuan notes they could count within a fixed time period. The company splashed out 12 million yuan (RM7.5 million) in this competition alone, where the fastest counter was awarded 157,000 yuan (RM98,998).

As per SCMP, Henan Mines did not have any lay-offs over the past 3 years despite China’s strict Covid-19 restrictions, which led to the economy slowing down. The average salary of the organisation’s staff has also grown by 30% annually.

Watch the video below:

 

What do you think of the video? Let us know in the comments.

 

Also read: Korean Oil & Gas Company Gives Employees 120 Months of Bonus for 2022

Bonus Draft

Source: YouTube
Source: YouTube

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.



Just In

My Post 1 2024 12 12T151050.764 My Post 1 2024 12 12T151050.764
News24 mins ago

Hannah Yeoh: Code for Athlete’s Clothing Will be Drafted to Prevent Upside-Down Flag Incident in Future

Just today, we reported that badminton sporting brand, Victor, had apologised after Lee Zii Jia’s jersey at the 2024 BWF...

Collage 8 2 Collage 8 2
News1 hour ago

Kajang Prison Inmate Becomes First to Earn PhD Behind Bars, Receives Royal Pardon from Selangor Sultan

The Prisons Department has announced that Murad (not his real name), a PhD holder in Business Administration, has been granted...

My Post 1 2024 12 12T112712.955 My Post 1 2024 12 12T112712.955
News4 hours ago

Badminton Brand Issues Apology After Lee Zii Jia’s Jersey was Spotted with Upside-Down Malaysian Flag

Chaos erupted on social media after Malaysian shuttler, Lee Zii Jia, was seen wearing a jersey with an upside-down Malaysian...

My Post 1 2024 12 12T104022.683 My Post 1 2024 12 12T104022.683
News5 hours ago

“Calm down” – Health Minister Tells the Public to Allow Authorities to Investigate Frozen Baby Case

The Ministry of Health (KKM), through the Private Medical Practice Control Section (CKAPS), has already started an investigation into the...

Collage 6 1 Collage 6 1
News5 hours ago

Illegal Immigrant Reports Own Daughter to M’sian Immigration So They Can Be Detained Together

A team from the Malaysian Immigration Department (IMIGRESEN) carried out an eight-hour operation on December 10, starting at 11 am....

Collage 4 2 Collage 4 2
News22 hours ago

Teacher Sentenced to 111 Years & 216 Months in Prison for Sexually Abusing Underage Boy in Thailand

A 32-year-old teacher was arrested in June as part of an investigation by Thailand’s Special Investigation Department (DSI) into a...

My Post 3 2024 12 11T151354.693 My Post 3 2024 12 11T151354.693
News1 day ago

Thai Police Arrest More Than 120 People at Drug-Fueled Underwear Party in Hotel Room

The Thai police arrested over 120 people in a Bangkok hotel room during a drug-fueled party where all attendees were...

Collage 4 1 Collage 4 1
News1 day ago

Highly Contagious & Alcohol-Resistant Virus Outbreak Reported in Multiple Parts of China

The Norovirus outbreak recently took place in multiple areas in China, with infections spreading since October this year. Generally, everyone...

Announcement

Latest Videos



TRENDING TODAY