Chapter 405: Talent is the most valuable

Twenty percent of the net profit is divided, and in fact, it is completely divided with Han Songlin's own money. At this time, Han Songlin holds 100% of the shares of Xinghai Group.

Personally, Han Songlin feels that he has already done very well to give so much money to employees as a year-end bonus.

As for the remaining 80% of the net profit, Han Songlin will not transfer it directly to his bank account, not even a single penny.

Xinghai Group will continue to use this money to support research and development and make some investments.

For example, some money will be transferred to Xinghai Real Estate to continue to expand the capital of Xinghai Real Estate and purchase more commercial housing or shops.

Han Songlin's personal household expenses are really nothing to worry about. Han Songlin receives a salary from the Xinghai Group, and together with the two braised pork shops in Yuechi, they can also bring in some income every month.

These two shops have always existed separately and have not been merged into Han's Braised Pork Company.

For Han Songlin and Liu Yuyan, personal living expenses are really not high, and the clothes they usually wear are not the kind that cost thousands or tens of thousands of yuan.

Han Songlin and Liu Yuyan are not the type of people who need to use expensive clothes to set themselves off.

For them, the ten-odd-yuan street stall goods, when worn, do not give off a cheap feeling, but instead give off a high-end feeling.

The less confident a person is, the more they like to buy expensive things to set themselves off as being awesome.

They don't have high demands in terms of quality of life, and just go with whatever is comfortable.

As for Han Ting and the others, Han Songlin tries to give them relatively good living conditions.

Of course, Han Songlin is worried that he will raise Han Ting and the others into girls who are not familiar with housework, so he usually asks them to do the dishes and laundry.

As for pocket money, Liu Yuyan also manages it quite strictly and does not give it every day.

As for asking Han Songlin for pocket money, Han Songlin says that he really does not have the habit of carrying money on his person.

Although Han Songlin doesn't have any money on him, if Han Ting asks for some at home, he will take it directly from the drawer.

It's very strange. The money is clearly in the drawer, but Han Ting never says that she has taken it secretly.

If she wants pocket money, she will just say so.

In fact, Han Ting has her own piggy bank, which contains quite a lot of money.

'Today, there is one last thing, which is about the establishment of the Xingchen Science and Technology Research Institute.'

'Abbreviated as Xingchen Institute.'

Xingchen Institute?

Everyone was a little stunned. What exactly did this Xingchen Science and Technology Research Institute do?

Every company has a technology research and development department, so why would they need to set up a new research institute?

Wang Huicheng whispered to Luo Xiaozhong, 'This Xingchen Institute, is it similar to our Huaxi Institute?'

Luo Xiaozhong: 'It sounds a bit like it, but I don't know the details! Han Songlin hasn't told me anything about it either!'

Wang Huicheng looked at Han Songlin on the stage and said leisurely, 'If he really has the heart for it, it means he has big plans. We in the city can't say we're holding things back!'

Luo Xiaozhong half-closed his eyes, not the least bit surprised that Han Songlin wanted to set up a Xingchen Institute.

Everyone knows that Xinghai Group invests a lot in research and development.

Han Songlin values research and development and fully supports it.

And research and development has given huge returns!

This is all visible; just take Fuxing Motors as an example, which is selling very well abroad at the moment, greatly boosting Jiangzhong's foreign trade.

Han Songlin was on the stage, but he had no idea what people were thinking.

Next, Han Songlin focused on introducing the setup of the Xingchen Academy, which will establish various research institutes. He also briefly introduced the future research and development direction of the Xingchen Academy.

As a research institute supported by a company, naturally the content of the research cannot be too advanced!

Yes, it cannot be too advanced.

It can be half a step ahead of the world, but not one step ahead.

Research that is half a step ahead of the world basically requires investment, and if it is persisted with for a period of time, results can be achieved in terms of technology.

However, research into a technology that is one step ahead of the world requires a considerable investment of money, but it cannot be expected to pay off in the short term.

As a commercial company, if there is no financial return, the entire company's operations will be put in a very passive situation.

Han Songlin naturally knows this.

Therefore, Han Songlin does not dare to recklessly start some projects.

He dares not even think about researching rockets, spaceships, and the like.

He also knew that nuclear fusion technology was very important to mankind; only by mastering this technology could mankind truly achieve interstellar travel.

Even if the journey would take an extremely long time.

So long that in the short span of human life, one might never see the end of the journey.

Knowing that this technology was important, Han Songlin did not dare to touch it.

Han Songlin did not say much about the Xingchenyuan incident and then ended his speech.

Next would be a singing and dancing performance.

The performers included students from the school and a dance troupe.

The performance ended at half past eleven, and in the afternoon the workers would go back to work.

Liu Yuyan's first words when she saw Han Songlin again were: 'You gave 20% of the net profit as a year-end bonus, didn't you? That's a bit too much.'

Twenty percent of the net profit may sound like a lot, but in reality, the net profit can be adjusted at any time.

To be honest, it depends on Han Songlin whether the salary is high or low.

Of course, Han Songlin would never adjust the net profit. He sincerely believes that people will only work hard for you if they are paid enough.

If you pay them enough, everything will be fine!

Many problems in the world arise because people are not paid enough!

Problems that can be solved with money are not major problems!

Han Songlin glanced around and whispered, 'You have to give something up to get something. Originally, the purpose was to motivate everyone with money. Tie everyone's future income to the company's operations.'

If you want to bind talent, you can't be stingy with your employees!

If you want the horse to run fast, but don't feed it, is there such a good thing?

If you want to retain real talent, then you have to offer better treatment than other companies in the market.

You have to do things like buy a horse's bones with a thousand pieces of gold.

Become a company that everyone envies, so that you can continuously attract talent to join.

Money is not important to Han Songlin! Attracting a steady stream of talent is the top priority.

As a reborn Han Songlin, will he lack money?

Han Songlin doesn't remember much about the world, but what he can recall is enough to make him rich.

But what's the point of just having money?

No matter how much money you have, you can't eat gold every meal, can you?

And you don't want to be afraid of heavy metal poisoning!