Chinese Firm Stacks 2-Metre High Cash Pile At Party, Distributes ₹ 73 Crore Among Employees

Chinese Firm Stacks 2-Metre High Cash Pile At Party, Distributes ₹ 73 Crore Among Employees

A employer in China has stirred controversy after it piled up wads of coins on degree at a celebration, and exceeded out tens of thousands and thousands of yuans to its personnel as bonuses, the South China Morning Post reported. The employer stacked up a mountain of sixty one million yuan (Rs 73,78,48,939) in banknotes, nearly meters excessive on the employer’s annual celebration.

As in step with the report, the celebration changed into organised through Henan Mine, a crane producer primarily based totally in crucial China, after having a worthwhile year. The 3 best-acting income managers from the corporation acquired the pinnacle award of 5 million yuan (Rs 6,04,60,138) each. 

Meanwhile, extra than 30 others had been offered at the least a million yuan (Rs 1,20,91,847), the Jiemian News reported, quoting an unnamed supervisor from the employer’s public members of the family department.

“We held a income year-give up assembly at the night time of January 17, giving sixty one million yuan in general to forty income managers,” the individual instructed SCMP. Not handiest that however there has been additionally a opposition wherein personnel competed to look what number of one hundred-yuan payments they might be counted number in a hard and fast quantity of time. 

The pix and motion pictures of the uncommon celebration have long past viral on social media web sites in China, attracting disbelief and criticism. 

One individual wrote on Weibo, “I do not even dare to fantasise approximately one of these scene.” While any other said, “I do not comprehend. The beneficiaries need to deliver the cash again to the financial institution to deposit it once they took the hassle to fetch and be counted number all of the coins from the financial institution.” 

The Henan Mine employer, which changed into based in 2002, employs extra than 5,one hundred personnel, in line with its respectable internet site. The employer recorded income sales of 9.sixteen billion yuan (Rs 1,10,75,56,08,359) in 2022, up through 23 percentage in comparison with the preceding year. There had been no layoffs on the employer during the last 3 years.

”Our primary merchandise encompass unmarried girder and double girder overhead crane, gantry crane, snatch crane, casting crane, explosion-evidence crane, etc, and associated accessories,” the About us phase at the employer internet site reads.

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