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Chapter 1097 Four Horses Divide the Profits

Chapter 1097: Four Horses Divide the Profits
"Then why should I trust that you won't manipulate this new union?" Old Edward said.

"If I want to manipulate the union, do I need to go to such great lengths? I can just buy the factory and pack up the equipment and take it back to the flower-growing country. The workers there are much better than here."

"Also, if the goods we sold to the workers this time are handed over to local merchants and they sell them in the market, it will be enough for them to make more than double the profit." Jiang Yan said, pointing to the bustling business scene in front of him.

"Also, if you have money, you can really do whatever you want. I can find local gangs. Is this still a problem?" Jiang Yan continued.

Edward was speechless. He knew that Jiang Yan was right. Although the unions looked powerful on the surface, their power was insignificant in front of the real big companies. Big companies could buy off the gangs, hire mercenaries, and pay bribes to the leaders of the unions. With all these tricks, the unions would naturally surrender.

Jiang Yan would rather invest money to improve the welfare of workers than resort to various unpresentable means, which has already demonstrated his sincerity in doing things.

"Mr. Jiang Yan, I am willing to believe in your goodwill. Let me put it this way. I still have some prestige among the workers. I will propose to reorganize the union and elect a union that is willing to develop together with the mine factory." Edward said.

"Thank you." Jiang Yan held Edward's hand tightly.

In fact, what really convinced all the workers was their interests. After several rounds of negotiations, Jiang Yan and his colleagues reached a final agreement with the workers. When there was no other choice, Jiang Yan brought out the "four-horse profit sharing" policy that the state had previously used to reform private enterprises.

"Four horses share the profits" was a vivid description of the profit distribution form of national capitalist enterprises at that time, which refers to the fact that the profits of enterprises are divided into four parts: income tax levied by the state, enterprise accumulation fund, employee welfare bonus and dividends of the capital. "Four horses share the profits" was first proposed by the great man at a party meeting in 1952. This is a form of the Chinese government's policy of redeeming the means of production owned by capitalists. After the public-private partnership of all industries in , the dividends of the capital were replaced by fixed interest. Through "four horses share the profits", my country basically completed the socialist transformation of capitalist industry and commerce in a very short period of time.

It has to be said that the great man's foresight is unmatched anywhere.

However, the "four-horse division" proposed by Jiang Yan was improved. In Jiang Yan's improvement, the proportion of the state was thrown out. The main idea was that after paying taxes, 35% of the company's profits would be taken by Jiang Yan, 45% of which would be used as company funds, and 20% would be used for workers' welfare. This part was held by the trade union, and the workers and the factory management had the right to supervise, and they also had the full power to supervise others.

In fact, to put it bluntly, Jiang Yan is distributing part of the shares to the workers in disguise. However, Jiang Yan also made it clear and stipulated the maximum and minimum salaries. If they want a high salary, they must cooperate with the company's development. Only when the company develops and makes money can the part distributed to the union be converted into money, that is, distributed to them. Therefore, with this system, Jiang Yan is not afraid of them turning against him. After all, it is their own interests that are being lost.

Of course, the union will not be in Edward's hands for a long time. The union will also hold elections every four years. As for how the elections are held, Jiang Yan will not interfere. The union will play a regulatory role in Jiang Yan's company in the future.

After the new company's system was announced, it was a huge shock to everyone. So far, no boss has been willing to divide up his shares. After knowing that they will get the greatest benefits in the future, the workers' motivation is particularly high.

Based on this, Jiang Yan introduced a series of workers' wage levels and benefits, which is a variant of the eight-level worker system. Through a series of experiments, Jiang Yan found that these systems are quite powerful to a certain extent, and he can mobilize the enthusiasm of the workers very well.

This trip to John Bull was quite successful. Later, he took a detour to Jiaobenji and stayed there for half a month before returning to Sijiucheng again.

Soon after returning to Sijiu City, the secretary of the big boss found him and said that the big boss wanted to see him, so Jiang Yan followed Secretary Bian to the big boss's office after he got ready. "I heard that you purchased a batch of heavy machinery from Hans and are planning to enter the heavy industry." The big boss asked.

"No, if the country needs it, we can hand it over to the country in full." Jiang Yan said immediately.

What Jiang Yan said was true. He could not even manage the businesses under his name now, and if he set up a large equipment company, it would cost him his life.

"We can't just take your stuff for free. So, I'll call Mr. Huang from the General Logistics Department and have you and the General Logistics Department work together to set up this heavy equipment manufacturing company."

"Well, boss, I only pay the money and I don't care about the rest. As for the shares, a smaller amount will do. You also understand that I really can't manage it all." Jiang Yan said with a smile.

"You can discuss the specific situation with Xiao Huang. This is your business." The big boss said.

When I found Huang Jianguo, the leader of the General Logistics Department, he heard that I had imported a large number of heavy industrial equipment. He was very happy after reading the equipment list I gave him. When I once again expressed my hope to form a heavy equipment group with them, Leader Huang immediately agreed.

"Lao Jiang, let's do it together this time. I'll provide the equipment and money, and you'll provide the people and the venue. We'll split the profits 20% to 80%."

When Leader Huang heard this, he became anxious and said quickly, "That won't work. We only have 20%. You have to give us at least 40%."

"No, Mr. Huang, wait a minute, wait a minute, who told you that you only have 20%? It's 80%. I only want 20%, and I only want dividends. You can manage the rest by yourselves."

When Jiang Yan said this, Huang was a little confused, but he did not agree. After bargaining, the final split ratio was 40% to 60%, with Jiang Yan taking 40%.

As for the location of the factory, Huang and I had a disagreement at the very beginning. My opinion was to build the factory in the coastal area, preferably in the Bohai Bay area. But Huang's opinion was to build the factory inland, after all, these heavy industrial machinery played a vital role in national defense.

Leader Huang and I refused to give in, and we took the case to Zhongnanhai. After the leaders studied the situation, they decided that the two major themes of the world were peace and development, and that our country was focusing on economic construction. They supported my opinion decisively, and after weighing the pros and cons, they decided to place the company in the Beijing area, so the company was directly placed in Tianjin.

The Tianjin government was suddenly stunned by this huge pie. After receiving the news, they did not even hold a special meeting, but directly set up a team to fully coordinate with Jiang Yan and others.

(End of this chapter)

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