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Chapter 158 - 158: Deep Heart and Strong Hands
Chapter 158 - 158: Deep Heart and Strong Hands
Chapter 158 - 158: Deep Heart and Strong Hands
Translator: Dragon Boat Translation Editor: Dragon Boat Translation
During this period, Shen Wan hunkered down in her office. Apart from a certain amount of physical activity, she went through the annual financial reports and the personnel files of the 32 employees.
She realized that there were valid reasons for Mingya’s dismal performance.
There were numerous minor issues, but three major ones stood out:
First, the extensive management expenses. This was an accounting concept, including company expenses, employee education expenses, business entertainment expenses, amortization of start-up expenses, submission of superior management fees, labor insurance, and more. Among these, the office expenses were notably high, which skewed the overall management cost.
Upon closer inspection, Shen Wan quickly identified the issue in the office pantry beverages. The coffee provided was Green Mountain, and although a Keurig coffee machine only cost a few hundred yuan, the associated K-cup costs were quite high, for example, a 24-cup pack typically sold for 72 yuan. With 32 employees in the company, even if each person had just one cup of coffee a day at the minimum, it would cost nearly a hundred yuan per person per day, not counting the costs of coffee beans, the coffee machine, and utilities.
There were also five or six different types of juices, including apple, orange, mango, banana, and more. Since they were unlimited, some employees even secretly took them home to enjoy.
The milk tea was a popular brand, and at the wholesale price, each box cost around four yuan.
There were also various flower teas, green teas, and black teas, most of which went untouched and were reluctantly taken home by employees who claimed, “It’s a waste to throw them away; 1 might as well take them.”
Taking all these factors into account, the “beverage expenses” at this advertising company were a staggering 80 percent higher than those of a significantly larger and more successful company.
Over the years, this had accumulated into a substantial expense.
Therefore, Shen Wan, with a decisive gesture, found a pretext and promptly began to cut down on these expenditures.
The second fatal problem was the excessive number of personnel. If the company’s performance was excellent, it might be tolerable, but given the current revenue levels, maintaining so many positions was not justified. In Shen Wan’s view, Mingya was simply squandering resources!
The last issue, which was the most obvious, was the company’s lax atmosphere. People chatted and laughed freely, there was no discipline or rules to speak of. Shen Wan didn’t oppose a relaxed work environment, but it couldn’t be too loose, and tardiness and early departures were simply unacceptable. Instead of tolerating such behavior, she decided to gather their belongings and show them the door!
This series of actions, whether considered significant or minor, did result in the departure of five employees in one go.
However, Shen Wan handled it rather discreetly, and the “victims” remained tight-lipped. This silence prevented many voices of criticism from surfacing before it was too late.
Choi Yun said, “I know what to do now.”
Shen Wan lowered her head and smiled, continuing her meal. Her movements were graceful, her expression serene, and the sunlight streaming through the floor-to-ceiling window added a touch of tranquility to her demeanor.
But Choi Yun knew that the young woman before her, or rather, the young girl, had a deep heart and strong hands.
Perhaps only someone like her could breathe new life into the struggling Mingya. Choi Yun suddenly felt a sense of anticipation. If possible, she hoped to be a witness to this miracle, perhaps even a participant.
Mingya was a subsidiary of Mingda Group, and according to regulations, personnel transfers required reporting to and approval from the Human Resources Department of Mingda.
In simpler terms, although Shen Wan had the absolute power to hire and fire, it had to be officially approved by the group’s HR department through their signature to be considered effective.
So, Shen Wan had no choice but to personally make a trip to Mingda Group!