"By the way, Boss Luo, there’s another matter that needs your decision!" Chen Ping said, "The company has an investment team that keeps making investment analysis errors. Their returns are far worse than other teams, and they’ve even had negative monthly returns! Should we implement a last-place elimination system?"
Currently, Fengshun Investment has not adopted a last-place elimination policy.
Because Fengshun Investment is in a phase of rapid growth.
The returns on various investments are very high.
Even if one investment team has issues, the profits of other teams can balance it out.
Luofeng naturally knows the reason for this situation.
After all, this is a company rewarded by the system.
Of course, it’s bound to make money, right?
The annual return rate of the entire company has always fluctuated around fifteen percent.
But that doesn’t mean every team makes that much money.
Some teams earn more, some earn less, and there are even teams that have a month of negative returns.
But Luofeng thinks this is more realistic; after all, when there are both gains and losses, there’s no flaw to be found, right?
"For now, let’s not implement a last-place elimination, but adopt a last-place penalty system. Teams that come in last for three consecutive months will have their year-end bonus cut by twenty percent, with an additional ten percent cut for each subsequent month!" Luofeng said, "Although the company’s goal is to make more money, we also need to create a home-like atmosphere for everyone. Employees are like family members—if they make mistakes, we can punish them, but we won’t abandon them!"
Chen Ping’s expression shifted a bit, and he nodded, "Alright, Boss Luo!"
Luofeng’s decision.
Actually, beauty is in the eye of the beholder.
Some people think it’s a stupid approach.
Others think it’s very humane and aligns with benevolent principles.
But Luofeng thinks it’s fine as long as it doesn’t affect him.
Anyway, the company’s profits mainly depend on whether the system decides to upgrade the company.
When the company upgrades, the return rate upgrades, having nothing to do with all this, right?
Anyway, with an annual return rate of fifteen percent, even if you forget it, you’d still question why not.
No matter how hard you try, it’ll only fluctuate around fifteen percent.
Luofeng checked the time, it was already half-past eleven. He stood up, "It’s getting late, Old Chen, I’m leaving now. Handle the acquisition of Ai Enterprise as you see fit, try to acquire it at the market price, and secretly buy some of Ai Enterprise’s stock in U.S stocks so we can fleece ourselves a bit."
Ai Enterprise is publicly traded in U.S stocks, and if Fengshun Investment acquires it, the stock price is bound to rise.
Given this situation.
Luofeng certainly wants to act first and gain the upper hand.
What if Baidu Company doesn’t sell?
Fine, if they don’t sell, they don’t sell.
Anyway, Fengshun Investment can spread a little rumor that they’re planning to acquire Ai Enterprise.
Ai Enterprise’s stock might rise due to this little rumor.
But if Fengshun Investment doesn’t acquire it in the end, won’t the stock price just fall back down?
"Understood!" Chen Ping said.
Luofeng walked out of the office.
He went straight to the lounge area.
Because Liu Mei had already sent a message to Chen Ping, saying that the two Beauties were arranged in the lounge area.
Chen Ping had also informed Luofeng.
Luofeng walked over and greeted, "Shui Er, Fei Er, I’m done, shall we go?"
"Mm-hmm!"
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