Chapter 14 WPG0014: Long-term mission: Hope your father will succeed!
When An Wuyang was communicating with Li Wenya, An Huchun looked at An Wuyang guiltily.
An Wuyang took the initiative and said, "Dad, I am telling you these things just to tell you that I have grown up now and can make money on my own, so you don't have to put too much pressure on me."
Li Wenya praised on the side, "I said before that my son will definitely make such a decision. Do you believe it now?"
"Ah?" An Wuyang deliberately made an exaggerated expression, "Dad doesn't believe me?"
An Huchun laughed quickly.
"Lao An, please tell your son about the layoff compensation plan." Li Wenya reminded An Huchun by changing the subject.
"Has the layoff compensation package been prepared?" An Wuyang asked.
An Huchun answered affirmatively, "The preliminary compensation plan has been prepared. I have decided to give all resigning employees 2N+2 compensation, and N is the average salary received in the past 12 months, not the minimum wage."
"In addition, the management's severance compensation is twice the annual salary." An Huchun added.
An Wuyang looked at An Huchun in surprise, because such a compensation standard was definitely the ceiling within the ceiling!
Under normal circumstances, the average company can provide N+1 severance compensation, which is very, very conscientious.
A certain foreign-funded company provided N+3 severance compensation when it withdrew its capital and left. It was even called malicious severance compensation by some companies.
Now An Huchun actually wants to provide 2N+2 severance compensation, and it is calculated based on the average salary received in the past 12 months. Isn't that the ceiling within the ceiling?
An Huchun looked at the surprised An Wuyang. He thought An Wuyang was unhappy, so he quickly said, "Wuyang, many people in our group have been with us all their lives. Those uncles and aunties have watched you grow up." Yes, many people have even hugged you, you.”
An Huchun was about to speak but stopped.
An Wuyang took the initiative and said, "Dad, what are you thinking about? I don't mean to disagree."
"As long as you agree." An Huchun breathed a sigh of relief.
"This time, our An family owes them. Many of them are now in their forties. After they leave our company, it will be difficult for them to find jobs in the future, so I want to compensate them more so that they can avoid Let go of your worries," An Huchun explained.
"Your dad is such a soft-hearted person!" Li Wenya seemed to be complaining, but actually said supportively.
"How much is the severance compensation?" An Wuyang asked.
"All employees in the new factory have been disbanded. There are a total of 106 employees there; the headquarters should also be streamlined, and the number of layoffs is expected to be 38 people." An Huchun explained in detail.
"The vast majority of the sales team will also be laid off, with a maximum of 10% retained, and the number of layoffs will be 50." An Huchun added.
"Currently, the person with the highest severance compensation is Li Ping, a technical engineer in the new factory. He has worked in our group for 32 years. His current annual salary is 360,000. With various bonuses and benefits, he can get an annual salary of 480,000. On average, one month is 40,000." An Huchun listed the data.
"According to the 2N+2 severance compensation standard, Lao Li can get 2.64 million compensation." An Huchun explained the one with the highest severance compensation.
An Wuyang looked shocked!
The severance compensation is as high as more than two million?
This.
Even though An Wuyang had already expected that some people's severance compensation would be very high when he heard about the 2N+2 severance compensation plan, An Wuyang was still shocked by the severance compensation of more than two million yuan.
An Huchun looked at An Wuyang's shocked expression, and he added, "Lao Li's case is an exception, no one else is so tall!"
"Dad, do you have a list of severance compensation?" An Wuyang asked.
"I'll send it to you." An Huchun took out his mobile phone and sent the list of severance compensation to An Wuyang.
An Wuyang first scrolled the list to the bottom and looked at the general accounts.
The total number of layoffs this time is 194. The total number of employees of Wugengtian Pharmaceutical Group is only 272, and the layoff ratio has exceeded 71%!
The total amount of severance compensation for these laid-off employees reached 136 million Xia Guoyuan, and the average severance compensation exceeded 700,000 Xia Guoyuan. Is this severance compensation?
What kind of philanthropist?
An Wuyang admitted that he was a little shaken. Even though he thought he should support An Huchun before, when the 136 million Xia Guoyuan severance compensation was placed in front of him, he admitted that he was shaken!
"How much money is left in the group's account?" An Wuyang asked.
"Less than 20 million." Li Wenya responded.
"In addition to the severance compensation, the group also has a loan of 120 million that is about to expire, and the bank has made it clear that it will no longer provide extension services for us on Friday." Li Wenya added.
"In addition, the group's commercial acceptance bills have about 80 million yuan to cope with, and there are almost 60 million yuan in supplier payables that also need to be processed." Li Wenya added.
"Is our group so bad?" An Wuyan was stunned!
Obviously, the family business was still making half a billion yuan a year before, but in just a few years, it fell into a whirlpool of debt.
Is this reasonable?
Check out the 16-9 book bar and see the correct version!
If it was his father who was working on innovative drug research and development, that would make perfect sense!
The research and development of innovative drugs has always been a high-risk and high-investment model. Even though artificial intelligence-assisted research has been introduced in recent years, the cost and time consumed in researching innovative drugs remain high.
According to the latest report in 2021, the success rate of innovative drug research is only about 7.9%, and it will take almost 12 innovative drugs to successfully market one.
Secondly, the average research and development cost of each innovative drug is as high as 2 billion US dollars, and the average research and development cycle has reached 6.9 years.
This high-risk and high-investment situation brought down Wugengtian Pharmaceutical Group. It doesn’t seem to be an unreasonable big problem, right?
After all, Wugengtian Pharmaceutical Group only earned half a billion Xia Guoyuan the previous year!
If the average R&D cost of innovative drugs of US$2 billion is spread over the average R&D cycle of 6.9 years, and the exchange rate between the US dollar and Xia Guoyuan is set at a ratio of 1:7, the average R&D cost of innovative drugs per year is as high as 2 billion Xia Guoyuan.
Wugengtian Pharmaceutical Group only makes a mere 50 million Xia Guoyuan every year, and it really cannot withstand the torment of innovative drug research and development.
……
'bite! ’
‘Random choice: capitalist? philanthropist! ’
'The second-generation rich man with a good heart failed to start a business, and he returned to old friendships and offered sky-high severance compensation. His prodigal attributes were completely fulfilled! ’
‘Host’s choice: The host is asked to freely decide whether to support the sky-high severance compensation. ’
‘Decision reward: Different rewards will be obtained according to the host’s different choices. ’
……
The Happy Life System displayed a new prompt message in An Wuyang's mind, indicating that An Wuyang triggered a new random choice.
To be honest, when faced with Xia Guoyuan's severance compensation of up to 136 million, there was actually a moment when An Wuyan really didn't want to compensate.
Which capitalist can afford such a sky-high severance compensation package?
But An Wuyang thought deeper.
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PS: Is An Huchun too stupid? Or do some people have a problem with their ideas?
(End of chapter)