When I am reborn, I just want to be a top student

Chapter 435 The Most Popular Internet Companies

In the conference room, following Wang Donglai's words, the atmosphere gradually became extremely tense.

It has been several years since Galaxy Technology was established.

Initial employees like Zhou Rui, who had the longest contact with Wang Donglai, had never seen Wang Donglai like this.

Not to mention the executives who joined later, such as Liang Bo and Sun Yu.

A young man who is only 22 years old owns Galaxy Technology, an Internet technology company worth hundreds of billions. Although many people know that Wang Donglai is the founder, they still subconsciously look down on him and do not take him seriously.

Wang Donglai knew about this situation from the beginning, but he didn't care.

However, after looking at the data in the company's financial report documents, Wang Donglai couldn't help it.

In 2015, Galaxy Technology's annual revenue exceeded 507 billion, a year-on-year increase of 218%, and its profit was 278 billion.

Judging from the data alone, this is definitely an extremely gratifying growth.

However, Wang Donglai is very clear about how much water there is behind this data.

For example, the revenue of more than 200 billion yuan includes billion yuan of capital injection and loans from Qin Province and Tang City.

The revenue is high, but the expenditure is also high.

The reason why the company can still maintain a profit of over 20 billion yuan is that many projects were proposed by Wang Donglai in the later stages and the time to spend the money has not yet come.

For example, biomedical research and development, or the construction of space rockets.

These things are bottomless money-eating beasts.

Not to mention that Galaxy Technology is also developing products such as Toutiao News, Neihan, Douyin and Pinyidao.

Purchase traffic, user subsidies, new user acquisition fees, and advertising.

In addition, the number of employees has skyrocketed, and the supporting office equipment also represents a huge expense.

If this were not the case, Galaxy Technology's profit margin could have been taken to a higher level.

For example, by outsourcing repetitive tasks such as the review team and data labeling, and then changing the subsidy rules, it is roughly estimated that expenditures can be saved by about 30%.

Saving is earning!

For capital that pursues maximization of profits, it is absolutely impossible to miss such a good opportunity.

However, Wang Donglai did not do so.

Previously, Huang Zheng and Wang Donglai had a disagreement on this point.

Before reading the company's financial report last year, Wang Donglai actually had a rough mental preparation.

Galaxy Technology expanded so quickly that most of the middle management and even the senior executives joined in the middle.

So, this also brings a consequence.

That is, sometimes the development of a company may not be exactly as Wang Donglai envisioned.

These things cannot be seen from the surface at all, but they can be analyzed from the data.

Wang Donglai happens to have extraordinary abilities in this area, and with the assistance of an artificial intelligence Wa, the big corporate diseases that are extremely difficult to solve within other companies are as clear to Wang Donglai as seeing the lines on the palm of your hand.

In the conference room.

When Wang Donglai's aura was fully unleashed, everyone present felt a heavy pressure from him.

“I can tell you more here.”

"The core of Galaxy Technology is technology research and development. The fundamental basis of our business is to develop new technologies, lead the market, and thus gain profits."

"The company developed Toutiao News, Neihan, Douyin, Pinyidao, etc. These things are only to enable the company to develop better products, and they are not the core of the company."

"The reason why I set up the group and divided these things out was to divide them up."

"Internet companies rely on a hit product to obtain huge amounts of financing. You all know that in my eyes, whether it is In-depth, Toutiao News, Douyin or Pinyidao, it is the same."

"When Neihan, Toutiao News and Douyin become national software, I will take out half of my shares, which will include executives like you who have contributed to the company, and will also allow major domestic investors to enter."

"However, you can rest assured that the company will give out a portion of its shares on the premise that it can still maintain control over these software."

"Subsequent development and operations will also be retained by the company, so you don't have to worry about the group no longer being in charge after you divide your shares."

Hit him with a stick and give him a sweet date.

Wang Donglai also understands this principle.

Wang Donglai does not expect everyone to be like him and does not regard the pursuit of wealth as his first ideal.

As long as he can do his job well, that's enough.

He still gave enough treatment that he deserved.

Sure enough, when Liang Bo, Huang Zheng, Sun Yu and others heard what Wang Donglai said, their eyes lit up.

At this age, they are more practical.

As long as Wang Donglai can lead them to become billionaires and financially free, then they will naturally have no problems.

The opposite of them are Baili Xiu, Xu Zhibin and others.

He did not seem to be very interested in the incentive plans such as stock dividends proposed by Wang Donglai.

Noticing this, Wang Donglai continued, "The problem I just mentioned is only part of it."

“From now on, all interviews and promotion conversations with employees must be conducted within the company and recorded on video.

"In this regard, I will rewrite a set of internal employee instructions, and all employees must be organized to study them and keep them in mind."

"The company is expanding very quickly and has many business lines. The quality of the employees we recruited is mixed. Next, the group will monitor each branch."

"I can tell you that the company has found 512 funds with problems, involving 2487 employees and 187542354 in funds."

"The company does have a lot of money in its account, but the money in the company's account did not come from the wind."

"Also, this year the company will be carrying out a number of large projects, all of which are extremely expensive projects, and the money in the account may not be enough."

"However, the company's expansion cannot and does not need to stop, but it needs to integrate resources within the company."

"So, you should not only focus on your own business, but also cooperate with others and strive to maximize your benefits."

When he said this, Wang Donglai deliberately paused and carefully observed the changes in everyone's expressions.

Then he continued, "Finally, the company's development last year was still very good, and the profit margin was relatively high, so the year-end bonus starts at three months' salary, and there will be a general bonus. It will be paid according to the time of joining the company. Those who have been employed for less than one year will receive 3,000, those who have been employed for two years will receive 4,000, and those who have been employed for three years will receive 5,000. For each additional year, an additional 1,000 will be paid."

"Although our company is not a listed company, other companies will take the initiative to release their own financial reports at the end of the year, so we can also promote them more."

"However, when promoting, you should be careful about the way you do it. Don't just say the average salary. You can directly disclose the minimum and maximum salaries, as well as the median and multiple digits of the salary, etc."

"Average salary is the most deceptive thing. In the future, whether it is for external or internal communication, try to use it as little as possible." "Seek truth from facts and don't make messy data beautification."

Wang Donglai did not say how to deal with the 512 funds found within the company and the employees involved, but no one asked.

After all, it involves so many employees and such a large sum of money, it is definitely not something that ordinary employees can do.

Among them, there must be middle-level and even senior-level people involved.

Since Wang Donglai didn't say anything, naturally no one would take the initiative to ask at this time.

This meeting ended just like that.

Wang Donglai's office.

"Donglai, is what you just said true?"

Xu Zhibin asked with a hint of surprise.

"Of course it's true!" Wang Donglai answered affirmatively.

"Then how are you going to handle this matter? After all, this is more than 187 million, and it involves so many employees. Are you going to fire them all? Or call the police?"

"I'm also a little curious about how they got so much money."

When Xu Zhibin asked this question, there was a hint of doubt in his tone.

The amount of money, the number of people involved, and the means of making money were beyond Xu Zhibin's understanding.

"It's very simple. It's either false invoices or collusion between insiders and outsiders. As long as one has a little power, they can find a way to make money."

"For these people, I decided to give them a chance. As long as they pay back the money and resign afterward, the matter will be over."

"They were able to take so much money from the company because they were so bold and because there were loopholes in the company's management system, so we can't blame them entirely."

"Calling the police would be too cruel. This is the first time, so let's just be on guard."

"If something like this happens again, I'll have to call the police!"

After hearing Wang Donglai's solution, Xu Zhibin was stunned for a moment before slowly reacting.

“Human greed is like a snake swallowing an elephant. The ancients were right!”

"For ordinary employees, our company's welfare benefits are definitely the best among major domestic Internet companies. Even so, there are employees who do not cherish this opportunity and do such things. They are simply stupid."

"In my opinion, it's a good thing that these idiots jumped out and got fired!"

Xu Zhibin got really angry when he mentioned these idiots.

Thanks to Wang Donglai's insistence, Galaxy Technology's treatment and benefits for ordinary employees have long been among the best among domestic private companies.

Afternoon tea, free snacks, meal allowance, car allowance, housing allowance, midnight snacks, etc., all the benefits are fully available.

Just like the special nature of the audit department, which requires 24-hour online audit, night shift employees can enjoy a large commercial insurance purchased by the company, as well as generous night shift subsidies. After finishing the night shift, they will be arranged to take a day off to rest.

The only thing that may be worth criticizing is that there is not much special care for female employees within Galaxy Technology.

"There are people like this everywhere. It's not worth getting angry about it. It's just like the employees who were poached before. They mistook the platform's halo for their own ability, but after they left, their true colors were exposed and they became a laughing stock."

"The company has more and more employees, so it's only natural that some idiots will appear under this base number. Just keep a calm mind!"

Wang Donglai looked very calm, without any sign of anger or annoyance, and spoke calmly.

Xu Zhibin thought about it carefully and nodded in agreement.

soon.

Galaxy Technology released the company's financial report information.

If these things are not actively promoted, few people will pay special attention to them.

However, this financial report of Galaxy Technology, which is slightly different from that of other Internet companies, still attracted a lot of attention.

After all, no matter which company it is, when it issues a financial report, it will naturally beautify itself and promote itself with all kinds of data.

However, the financial report released by Galaxy Technology is unique.

After reading the whole text, there is no fancy description or description, only detailed data.

For example, the financial report mentioned that Galaxy Technology Group’s lowest monthly salary after tax was 4347 yuan (note: probation period) and the highest monthly salary after tax was 214756 yuan.

The group has 51423 employees, with a median salary of 7894 yuan and a median salary of 7548 yuan.

This kind of disclosure of financial report information is truly unique and outrageous.

As a worker, no one knows the secrets of average salary.

If we compare ourselves with Jack Ma, Pony Ma and other bigwigs, the wealth of people all over the country could be increased by a few hundred yuan, but this is not possible.

Therefore, many companies’ financial reports that mention average salaries of tens of thousands or so fail to attract the interest of workers at all.

Just like if the company offers a salary of 3000 to 8000, then the workers know that the salary is actually 3000. is simply impossible. It is just a carrot to keep the donkey from working.

However, the financial report released by Galaxy Technology is different.

It does not mention the average salary, but directly gives the median and median salaries, as well as the minimum salary.

As a result, it stands out among the financial reports of major Internet companies.

Galaxy Technology’s welfare benefits have already spread online.

The generous welfare benefits seem like a dream to netizens, and they simply cannot believe that such a company really exists.

However, with countless Galaxy Technology employees coming forward to testify, naturally there are fewer and fewer people questioning it.

And the most crucial thing is that not all of Galaxy Technology’s employees are in high-end R&D positions. Quite a lot of the positions are low-tech review and data labeling positions.

The recruitment conditions are not harsh at all. Bachelor's degree or associate degree is acceptable.

As long as you are hired, you will be a formal employee of Galaxy Technology, not an outsourced employee.

You can enjoy all the benefits you deserve.

As a result, Galaxy Technology naturally became the most popular Internet company.

After all, big companies like Taotian Group, Penguin, Zhuchang, Xiaomi, etc. are good and famous.

However, the standards for entering these large companies are also very high. Ordinary people with only a third-year college or college degree will not even have the opportunity to interview.

This further highlights the preciousness and popularity of Galaxy technology.

As the financial report of Galaxy Technology was released, a wave of enthusiasm for Galaxy Technology was once again set off on the Internet. (End of this chapter)

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