Top of the Great Era

Chapter 3207 Salary Ratio
Back to the office.

Ning Yaxian couldn't help but tease him, "Why do you care about two female employees?"

Zhou Buqi threw his jacket aside and said, "Any employee's voluntary resignation, no matter what the reason, should become a tool for self-reflection for a great company."

Ning Yaxian took his clothes and said with a smile: "That's quite a high request."

Zhou Buqi sighed, "It's mainly because I feel bad. I can't bear to see those two young people get carried away by the bull market and go in the wrong direction in life. After graduation, I joined Ziweixing and caught up with Ziweixing's listing and a bull market. It's not easy. It would be a pity if I don't know how to cherish it."

Ning Yaxian glanced at him and said, "I thought you were attracted to me!"

"What?"

Zhou Buqi was a little puzzled.

Ning Yaxian pursed her lips and said, "That girl named Jiang is quite elegant."

"Forget it, I'm far worse than you." Zhou Buqi didn't even think about it that way. "For young people in China, the cost of trial and error is too low. We are all experienced people, how can we not have this feeling?"

Ning Yaxian said softly: "I do feel this way, and I really regret what I did when I was young. I shouldn't have fallen in love, let alone got married. I should have been waiting for you to appear and give you everything. But...but you are different, right? You are a genius, I have never seen you make a mistake."

Zhou Buqi smiled and said, "It takes two to tango. If I had appeared in front of you earlier and killed you, wouldn't I have no such regrets?"

Ning Yaxian rolled her eyes at him and said angrily, "When will that be? When I was in college, you were still a little kid in junior high school."

"What's wrong with you little brat?" Zhou Buqi snorted, "With my prestige and power, even if you are a little brat, it would only take a word for me to take you down. What? You still dare to refuse?"

Ning Yaxian also liked this kind of sweet flirting, she smiled and said, "I won't refuse."

Zhou Buqi just went to the Human Resources Department and said something, which must have reached He Yang's ears by now.

If nothing unexpected happens, He Yang will be here soon.

Zhou Buqi went to sit on the sofa, waited for He Yang to come over, and said calmly: "There are two kinds of people in the world. One kind will tear up other people's umbrellas when they get caught in the rain, and the other kind will hold an umbrella for others when they get caught in the rain."

"Ah."

Ning Yaxian nodded slightly, her eyes gentle.

At this height of humanity, he never let himself down.

Zhou Buqi said: "There is a phenomenon in China that I have never liked. Even Boss Ma is like this. Many bosses are miserable and painful in the process of starting a business. They almost feel like they are walking between life and death. This is a fact. Their entrepreneurship is very difficult and the road to success is very difficult. The wealth and social status they have gained now are all deserved. But after they succeed, they start to sell their success theory to young people, hoping that young people will be as hardworking and selfless as they are to work."

Ning Yaxian was not in a position to express her opinion, because it might affect the future management of Ziweixing. She could only perfunctorily say, "Maybe they are disappointed with their children." Zhou Buqi said slowly, "Many parents work hard all their lives, not because they hope their children can work as hard as they do, but because they hope their children can have an easier life. The old revolutionaries fought to the death in the hope that their descendants can stay away from war and have peace."

"Well..." Ning Yaxian hesitated for a moment, but couldn't help but speak, "I know you have high requirements, but Ziweixing has done very well, it is already the best in the country. I have specifically checked the ratio of income and salary expenditure of companies around the world."

"How about it?"

"For normal companies, salary and benefits expenses will account for about 15%-20% of total revenue. For companies like Starbucks, KFC, and Walmart that have a large number of chain stores and need a large number of grassroots staff, salary expenses will increase to between 20% and 25%."

“Is this a foreign country?”

Zhou Buqi nodded. He knew the approximate data. Basically, if a company's total salary and benefits expenses accounted for 20% of its total revenue, it could be considered a very good company. However, such a data was a very high standard in China.

Ning Yaxian said: "The domestic data may be relatively low. The employees' salaries are too low and the benefits are poor, which leads to the ratio generally being between 5% and 10%. However, the data for state-owned enterprises is very high. The expenditure on salaries and benefits can reach 30% of the total income, which can be said to be the highest in the world, even higher than the data for the IT industry."

Now is the era of technology, and the IT industry often offers very high salaries in order to attract talent.

Especially the Internet industry.

The proportion is extremely high.

Zhou Buqi is very familiar with the situation in the Internet industry. In Silicon Valley, salary and benefits expenses often exceed 25% of total revenue, but are still far from the salary and benefits ratio of domestic state-owned enterprises.

6◇9◇Book◇Bar

Ning Yaxian continued, "Now all major companies have released last year's financial reports. I asked the finance department to summarize them. Last year, Ziweixing's salary and benefits expenses accounted for 16.7% of total revenue, leading the industry by 2 percentage points and at least 8 percentage points higher than the average proportion of domestic private enterprises."

Zhou Buqi smiled and shook his head. "We have to compare upwards, not downwards. Let's not talk about anything else, just take Ziweixing International as an example. What was the ratio last year? About 25%, right?"

Ning Yaxian nodded slightly. "Almost, 23.5%. This ratio is lower than that of its peers in Silicon Valley. Their analysis report said that this is because the proportion of Chinese and Indians in Ziweixing International's employee structure is higher than that of its peers, while the proportion of whites and blacks is lower than that of its peers, so it has a certain competitive advantage in the salary structure."

Zhou Buqi said in a deep voice: "Behind the data, there is actually scale. Ziweixing and Ziweixing International are both advertising businesses. Doing the same thing, an advertisement in China may earn 100 yuan, but in the United States it may earn 100 US dollars. If you calculate it according to this ratio, the gap is too big."

"But this is caused by objective social factors, which you cannot change."

Ning Yaxian didn't want him to shoulder too much responsibility.

Zhou Buqi smiled and said, "I don't want to change anything, I just think Ziweixing still has a lot of room for improvement. Ziweixing's ecological structure has been built, which has formed a very strong business synergy capability. To put it bluntly, the market has entered a stage of unfair competition."

Before he finished speaking, there was a knock on the door from He Yang's side.

After coming over, he looked sad.

Obviously, he was not satisfied with Boss Zhou's decision. As soon as he entered the door, he muttered: "Flexible adjustment of working days and rest days, this is not so easy!"