Chapter 469 - Instant Shock! (1/2)

Chapter 469 Instant Shock!

March 28th, Monday…

It was said that Boss Li and his companions had already decided on projects surrounding the Thriller Hostel last weekend. In the coming weeks, they would begin inspection and construction. Of course, they would not start building hotels and restaurants from scratch. Instead, they would use the existing factory buildings in the industrial zone and then renovate them. If they rushed and worked overtime, they would probably be able to complete the projects at the same time as the Thriller Hostel. Even if finished later, it would not be that much later.

As long as they paid enough, the workers would work fast enough.

Pei Qian felt slightly troubled about the speed of those surrounding projects, but he still maintained his cool.

Ai, if I can’t stop them, I should just let them

be.

Today was Monday. Pei Qian had initially planned to go straight to Fei Huang Workspace and tell them about the plan for ‘shock therapy’. However, Hao Yun from the HR department had informed him that she had something to report. Thus, after having lunch, Pei Qian went to the headquarters first.

Pei Qian was a little puzzled because the HR department was not supposed to be busy now. Had Hao Yun created trouble for Pei Qian because she had had nothing better to do?

If that was the case, this was an extremely bad sign. Pei Qian would have to consider changing the head of the HR department.

Hao Yun knocked on Pei Qian’s door and entered. “Boss Pei, I mainly want to report the salary adjustments for the various departments.”

Pei Qian was even more confused now. “Salary adjustments?”

What did that mean? Wasn’t Tengda treating them well enough? Was there… room for improvement?

Pei Qian immediately became more interested.

Hao Yun said, “It’s like that, Boss Pei. The various departments are trying to solidify their foundation, and so they’ve conducted a check on their internal affairs. In the process, they discovered that several employees have been subject to pay inequity.

“The HR department conducted some checks and realized that this was a problem that existed across the board in the various departments. Thus, we spent Friday afternoon and this morning coming up with a plan which we want to run by you.”

Pei Qian understood a little more, but he was still bewildered. He knew what ‘pay inequity’ meant.

It meant that newer employees in the company were being paid more than older employees, the first-tier employees were being paid more than the management, and subordinates were being paid more than their supervisors.

Those symptoms existed in many companies. For example, an older employee could have joined the company at a market price of three thousand yuan per month. After two years, the employee’s salary could have increased, but not by much.

However, in those two years, the market price would have jumped to 4,500 yuan per month. Inexperienced newbies would thus be hired with a higher salary than the experienced workers, resulting in inequity.

Pay inequity was common because most companies would not adjust all their employees’ salaries based on the market price each year. They simply could not bear to part with the capital.

It was for that reason that most companies prohibited their employees from talking about their salaries. If they did so, pay inequity would be exposed; many employees would become unsatisfied and quit.

If a supervisor found out that he had been doing more work than his subordinate but being paid a lower salary, he would naturally become upset.

As a company that had been established for more than a year, Tengda had also conducted several recruitment drives. Although it often increased employees’ salaries, each person’s role, experience, and capabilities were different after all. Thus, pay inequity was still present.

Of course, there was much less pay inequity in Tengda than in other companies because of frequent pay increments and significant company benefits.

Still, Hao Yun found it important to build a firm foundation based on the ‘cornerstone spirit’. Pay inequity was a hidden threat. Although most companies did not care about it and nothing was likely to happen even if Tengda turned a blind eye, Hao Yun still chose to report it to Boss Pei and allow him to make the decision.

Pei Qian took the documents from Hao Yun, but the lines of numbers only made him dizzy. He pretended to read it, and then said, “Do you mean that a few newer employees are being paid more than the older employees?”

Hao Yun pondered for a moment and said, “That’s right, but the situation is a bit more complicated in reality. “Simply put, the ‘older employees’ joined the company six months earlier than the ‘newer employees’. The former are more capable and experienced than the latter, but they are only earning two hundred yuan more. That’s a form of pay inequity as well.”

Pei Qian’s eyes lit up at once. Beautifully done! I had been worried about not being able to increase my employees’ pay! “That’s easy to deal with. Pay them more!

“Check all the employees’ salaries against the highest-paid and newest employee at regular intervals. Make sure that all the older employees are being paid adequately!”

Hao Yun was stunned. “Er, Boss Pei, of course, that would be the best. Doing so would be easy while we have few employees. However, I have to remind you that as the number of employees increases, the amount that we would have to top up would also increase. It might even surpass our imaginations.

“Other companies basically… try to scrimp and save in this area. Companies in various industries do that.”

The amount that we would have to top up would keep increasing? That’s great!

Pei Qian felt as happy as if he had just found money on the ground. He decisively said, “That’s what we’ll do! Top up all of their salaries at once! I don’t care how many older employees we have or how much it’ll cost. Top them all up!” Hao Yun confirmed once again. “All of them?”

She knew that Boss Pei was not telling her to make everyone’s pay the same but to get rid of pay inequity altogether. Without hesitation, Pei Qian said, “That’s right! All of them! There should still be time. Start from this month and ask the finance department to redo the payroll.”

Hao Yun nodded, looking extremely emotional. “Alright, I understand. I’ll inform the finance department at once.”

Although Hao Yun had expected this outcome before she reported the information to Boss Pei, Boss Pei’s urgency made her feel his genuine concern for his employees.

Just as Hao Yun turned to leave, Boss Pei stopped her.

“Wait a minute.