Godly Tycoon: From a Family Business on the Brink of Bankruptcy!
Chapter 22

WPG0022: What Makes a Conscientious Company?

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Employees Voluntarily Offered to Lower Their Severance Compensation?

Huh?

This. Something seemed off.

An Huchun watched An Wuyang's surprised expression, and the smugness in his heart grew even stronger. "You didn't expect things to turn out this way, did you?"

"Yes." An Wuyang truly had not expected things to turn out this way.

Based on An Wuyang's assumptions, he had thought that the employees of Wugengtian Pharmaceutical Group would be dissatisfied with the current severance package and try to demand more compensation.

But the exact opposite had happened!

"Can't understand it either?" An Huchun asked again.

An Wuyang thought for a moment before tentatively asking, "It should be because our group strictly follows labor laws?"

Wugengtian Pharmaceutical Group strictly followed the provisions of labor law. For example, employees worked eight hours a day and five days a week. Even when overtime was required, the company strictly followed the statutory standards for overtime pay.

In addition, Wugengtian Pharmaceutical Group had even implemented the five insurances and two funds system.

The so-called five insurances included pension insurance, medical insurance, unemployment insurance, work-related injury insurance, and maternity insurance.

The two funds were the housing provident fund and the enterprise annuity.

More importantly, the five insurances and two funds implemented by Wugengtian Pharmaceutical Group were based on actual contributions, without using the local minimum standards as a reference.

In the current environment, very few companies even offered the five insurances and one fund. Even among those that did, most used the minimum contribution standards. How much rarer, then, was a company providing the full five insurances and two funds?

An Huchun answered affirmatively, "That's one of the reasons. Our group does strictly follow labor laws, which has given us stronger cohesion."

"There's another important reason: our corporate culture," An Huchun added.

"." An Wuyang was speechless.

What corporate culture did Wugengtian Pharmaceutical Group have?

Why didn't its sole heir know about it?

"Our group's corporate culture is..." An Wuyang asked tentatively.

An Huchun replied, "Putting people first, of course!"

"A corporate culture like that... Hmm. Do you know Nokia?" An Wuyang mocked.

"Wasn't their motto 'putting the shell first'?" An Huchun joked.

"Our group's corporate culture really is putting people first. Our management reflects a humane, people-oriented approach, which is why our old employees are willing to think about the group," An Huchun added.

An Wuyang did not argue. Whether it was the corporate culture or the strict implementation of labor standards, the fact remained that the veteran employees truly supported Wugengtian Pharmaceutical Group.

"So what do we do now?" An Wuyang asked.

An Huchun shook his head. "I don't know either."

An Wuyang looked at An Huchun in surprise.

Li Wenya added from the side, "Your father rejected the proposal to lower the severance compensation on the spot. After all, he must have thought carefully before coming up with that severance package. How could he change his mind so easily?"

Li Wenya continued, "But there's been another development within the group."

"The group's veteran employees have expressed their willingness to accept lower wages, give up performance bonuses, and work overtime voluntarily so they can weather the crisis together with the group," Li Wenya added.

???

An Wuyang was genuinely stunned!

Was his family's family business actually this outstanding?

What kind of miracle company was Wugengtian Pharmaceutical Group to make its employees willingly go this far?

Li Wenya sighed. "To be honest, I didn't expect the group's veteran employees to go this far either. I've seen too much scheming and deception in everyday life. Seeing this all of a sudden feels a little unreal."

Li Wenya was a divorce lawyer who mainly handled divorce cases.

All kinds of outrageous and worldview-shattering incidents emerged endlessly in divorce cases. It had been a very, very long time since she had seen something like the mutual dedication between Wugengtian Pharmaceutical Group and its employees.

"Then should we cancel the layoff plan?" An Wuyang asked tentatively.

Li Wenya was silent for two or three seconds before replying, "From the perspective of marginal costs, even if we reduce our labor costs, they'll still drag us down if sales remain poor."

"If we carry out the layoff plan now, we'll suffer severe damage and may even be on the verge of collapse, but we'll preserve the spark and retain a sliver of hope." Li Wenya glanced at An Huchun.

On the surface, she was explaining things to An Wuyang, but in reality, she was reminding An Huchun.

An Wuyang looked at his father. He, too, understood Li Wenya's unspoken meaning.

An Huchun took a deep breath before speaking. "Wenya, I understand what you're saying, but I have to consider what those old brothers think."

"Many of them grew up with me from childhood. Their parents devoted their entire lives to Tianjingyan Medicinal Herb Planting Base, and they themselves have devoted most of their lives to Wugengtian Pharmaceutical Group," An Huchun explained.

"I'm sorry. I'm not a qualified capitalist," An Huchun said apologetically.

If An Huchun were a qualified entrepreneur, then he should coldly and ruthlessly drive away, at minimal cost, all those who had devoted most of their lives to Wugengtian Pharmaceutical Group.

Just like the major internet companies did nowadays, forcing excellent employees over thirty to "graduate" and sending quality talent into society.

That was what a qualified capitalist was supposed to do!

"There's also some good news I want to tell you," An Huchun added with a smile.

Li Wenya immediately looked at An Huchun.

An Wuyang also pretended to look interested. In truth, he knew that An Huchun's good news was probably the Bitter Orange Blossom Essential Oil beauty and skincare product, wasn't it?

"The research center has finally achieved a breakthrough!" An Huchun teased.

Li Wenya hurriedly asked, "What breakthrough did you make?"

At this moment, Wugengtian Pharmaceutical Group desperately needed a miracle!

"Dad, stop keeping us in suspense. Hurry up and tell us what the breakthrough is. Can it pull the group out of its predicament?" An Wuyang asked.

An Huchun immediately began explaining. "We extracted essential oil from Bitter Orange Flower and mixed it with Aloe Vera Gel to create an oil-based beauty and skincare product that can eliminate dullness and restore a fair complexion."

"We've been conducting this research for more than seven years. Today, we finally obtained definite experimental results," An Huchun said with a sigh.

Li Wenya asked somewhat anxiously, "Old An, if the group has a product like this, why didn't you let me be a volunteer?"

An Huchun looked slightly embarrassed. "Well... because we couldn't determine the product's side effects, so... ahem."

"Now that the experimental results have been confirmed, does the group have any product left?" Li Wenya immediately pressed.

"Yes, yes, yes. I'll bring some back for you tomorrow," An Huchun replied considerately.

"I'll go to the group with you tomorrow," Li Wenya said, indicating that she wanted to go to Wugengtian Pharmaceutical Group in person.

End of Chapter
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