MMB Chapter 1119 Li Huaide is too conservative
Chapter 1119 Li Huaide is too conservative
Chapter 1119 Li Huaide is too conservative
If Li Xuewu gets sick, what expenses will be incurred for registering at the hospital, seeing a doctor, and being hospitalized?
Yes, there will be expenses, and public medical care does not mean full medical insurance.
As for one-sided historical statements and life experiences, they cannot be fully trusted.
It cannot be denied that some individual units have better welfare compensation benefits or insurance subsidies, and this situation cannot be generalized.
The current urban medical insurance system has undergone three stages of changes.
The "Hua Min Labor Insurance Regulations" promulgated by the State Council in February 1951 marked the establishment of the labor insurance system for employees in urban enterprises in China.
In 1958, the State Council promulgated the "Interim Provisions on Retirement Treatment of Workers and Employees (Draft)", which is the so-called pension insurance.
In February 1969, the Ministry of Finance issued the "Opinions on the Reform of Several Systems in the Financial Work of State-owned Enterprises (Draft)".
The order of changes in the above three periods.
What the Red Star Factory and other industrial enterprises are currently preparing and undergoing is the third reform of labor insurance.
Complex?
It is a very complicated process, a change from nothing to something, and from something to better.
The last reform of the labor insurance system has continued to later generations.
Then again, what medical preparations and steps should Li Xuewu follow when he goes to see a doctor?
From the first period, that is, after the establishment of labor insurance, we must first judge based on Li Xuewu’s identity and treatment characteristics.
Li Xuewu is a cadre and is under the management of the Personnel Bureau, so he and his family should obtain a "Public Medical Insurance Certificate."
With this certificate, you can go to the designated hospital for treatment, and the medical expenses and medicines will be recorded in the account, and the hospital will reimburse the money to the finance department.
But the registration fee and hospitalization fee must be paid by yourself.
If Li Xuewu was an ordinary worker managed by the Labor Bureau, he would be managed by the labor insurance and medical care system, and most medical items would be free.
This was the medical insurance situation for employees in urban enterprises in the early days of the establishment of the Labor Insurance system.
The promulgation of the Labor Insurance Regulations also marks the establishment of the labor insurance system for employees in urban enterprises in China.
It has three characteristics:
(1) Labor insurance covered all types of enterprises, but later, due to the pursuit of "one big and two public" in the ownership structure, labor insurance gradually became a privilege of enterprises owned by the whole people;
(2) Enterprises must pay 3% of their employees’ total wages as labor insurance premiums on a monthly basis, of which 30% shall be paid to the All-China Federation of Trade Unions as a labor insurance pooling fund, and 70% shall be deposited in the grassroots trade union committee of the enterprise as a labor insurance fund;
(3) Since the labor insurance system supplements the low wages of the planned economy, it provides more comprehensive protection for enterprise workers.
In contrast, the social security system of government agencies and public institutions is established through the promulgation of individual laws and regulations.
The Red Star Factory is not a government agency, so I will not discuss it in detail here.
So what has changed as we enter the second phase of the labor insurance system reform?
First, pension insurance has changed from separate to unified.
Before 1958, the urban pension insurance system was divided into enterprise employee pension insurance and government agency and public institution pension insurance.
The two were established on different bases and also differ in funding sources and benefit payments.
However, this state of separation did not last. In 1958, the State Council promulgated the "Interim Provisions on Retirement Treatment of Workers and Employees (Draft)".
It stipulates that the coverage of pension insurance includes workers and employees of all enterprises, government agencies, institutions and people's organizations.
This actually unifies the pension insurance systems of enterprises and government agencies and institutions.
Second, the separation of medical insurance.
The traditional urban medical insurance system mainly includes public medical care and labor insurance medical care.
That is to say, as mentioned earlier, Li Xuewu needs to go through which reimbursement channel for medical treatment, which is divided according to his identity.
Some readers talked about the medical care their elders enjoyed in that era, and there were differences in the discussion.
The difference here mainly comes from differences in identity and differences in unit subsidies.
Personnel managed by the Personnel Bureau and the Labor Bureau enjoy different treatments.
Among them, public medical care is mainly aimed at government agencies and public institutions, while labor insurance medical care is mainly aimed at enterprise employees.
The two also differ in funding sources and management.
However, as the system covers more people and free medical care is basically implemented, the problem of rising costs is becoming more and more serious.
The country has made some changes in response, but the results are not obvious.
As the main unit, Hongxing Factory is responsible for the management and operation of the labor insurance and medical system, and has the right and obligation to maintain and ensure that this system develops in a better direction.
Therefore, Li Huaide and other factory leaders had to set aside a separate meeting time to discuss and study this issue.
Third, two work-related injury insurance systems.
The traditional work-related injury insurance system is also aimed at enterprises and government agencies and institutions.
The work-related injury insurance system for enterprise employees is established in accordance with the Labor Insurance Regulations and is an integral part of the labor insurance for urban employees.
The earliest regulations on the work-related injury insurance system for government agencies and public institutions were found in the "Provisional Regulations on Commendations and Compensations for Injuries and Deaths of Revolutionary Workers" promulgated on December 50, 12. It was later revised three times and the standard benefits were gradually improved.
From the above analysis of the "Labor Insurance Regulations", it can be seen that the insurance system for urban enterprise employees had been established as early as the first decade after the founding of the People's Republic of China.
Pension insurance, medical insurance, and work-related injury insurance.
Among them, pension insurance was the first to be unified, while medical insurance and work-related injury insurance had already been divided into enterprises and government agencies and institutions.
Which insurance is better, enterprises or government agencies and institutions?
Ask the elderly whether they would like to work in an enterprise or a government agency after graduation, and you will know the answer.
In essence, the social insurance system established by the Labor Insurance Regulations is a "state-enterprise insurance" system model.
That is, the state is the implementing and managing entity, and the state and enterprises jointly bear the expenses, thus forming an integrated social security model of the state and enterprises.
Its main features are:
(1) Wide coverage and comprehensive protection.
According to statistics, the number of employees who enjoyed labor insurance benefits in 94- was equivalent to % of the total number of employees in state-owned, state-private joint ventures, and private enterprises in those years.
At the same time, since the labor insurance system supplements the low-wage system, it provides urban residents with a "cradle-to-grave" protection program.
(2) Enterprises are dependent on the state, and the state bears unlimited liability.
This has changed in later generations, and I believe everyone knows that there is no such thing as a "iron rice bowl" anymore.
The graves don’t care about you anymore, do you think young people still need to prepare cradles?
The inability to have children is absolutely related to the system.
(3) Combination of trade union management, national coordination and enterprise insurance.
In specific implementation, 30% of the labor insurance premiums paid by enterprises are managed by the All-China Federation of Trade Unions, and in fact have entered the national unified planning.
The remaining 70% is managed by the enterprise's grassroots trade union and used within the enterprise, which is actually a form of enterprise insurance.
The development of labor insurance has actually encountered problems at this point.
Li Huaide wanted to quickly win over people's hearts and minds and establish absolute management beliefs and reputation.
What is the most effective and fastest way to unite beliefs and enhance reputation?
That is to improve welfare benefits.
One day, your boss informs you that there will be no salary increase this year, and everyone below you wails.
But the boss also said that from today on, the company will cover all employees' medical care, pension, child-rearing, transportation, communications, living and other expenses. Do you want to kowtow to your boss?
What's the use of having a salary? You earn it for living. Now the company takes care of all your life. The salary is no matter how much you earn, so isn't a little pocket money enough?
What Li Huaide wants to do now is to quickly improve the mass base.
It's not just Li Huaide. Since the launch of the large-scale learning campaign, other companies and factories have also undergone major changes in management after implementing reforms.
People have gone up, but whether they can sit steadily is another matter.
What they want to do now is to keep their own position stable, even at the cost of overdrawing the life of the enterprise.
What are the advantages of the “state-enterprise insurance” model?
That means there is someone to back up the company, so no matter how many workers there are, there is no need to worry. Even if the factory goes bankrupt, these workers can still enjoy the benefits of the insurance system.
You mean it's always like this?
Wrong, completely wrong.
The most common insurance system internationally is social insurance, which is different from the current insurance.
For social pension and medical insurance, you may worry about sustainability.
There is no need to worry about this kind of insurance now, and the retirement security is much higher than that of social insurance.
As mentioned earlier, who manages the insurance?
Combine trade union management, organizational coordination and enterprise insurance.
However, only 30% of the funds submitted to the Federation of Trade Unions are centrally managed, and the remaining 70% are managed by the grassroots trade unions of enterprises.
Just think about it, this money is in the hands of the company, that is, in the hands of Li Huaide, he can use it however he wants.
The first is to extract labor insurance funds for other purposes, either to plug financial holes or to make up for loopholes in office and production.
The second is the wages of retired employees, long-term patients and other labor insurance expenses of the enterprise.
Labor insurance should be managed by the factory union, but the head of the factory union takes the lead in entertaining long-term patients. Do you think this is a big problem?
If the Red Star Factory's reform timing was synchronized with the reform outside, I'm afraid the hole in labor insurance would be huge by now.
It is impossible for Li Huaide to wait until now to take action on labor insurance.
Hongxing Factory is a unique flower in the overall enterprise insurance management system.
Jing Yunong and Gu Weijie were very far-sighted and had been keeping this part of the funds and not allowing them to be used indiscriminately.
Even when the Red Star Factory wanted to build a residential building, it did not use a single cent of the money from here.
This is the money bag for the medical treatment and retirement of the employees of the Red Star Factory. Whoever touches it will bear the infamy for the rest of his life.
Some people are not afraid of being scolded. After all, this part of the money is idle anyway, and there is income every year, so there is not much pressure on employees' retirement pension.
So, these people started the Hu Hua Hai Hua.
There are those who do real work, developing factories, promoting production, etc.
I made money and filled the hole.
But just think about it, in the planned economy era, how many companies could overtake others by changing speed and making a fortune like the Red Star Factory?
Especially after entering the 1970s, the market changed and everything went to pieces.
After the tide receded, there was a large area of beach where everyone was naked.
This action has dealt a severe blow to the current enterprise insurance system, resulting in the transition of labor insurance to the third period.
In February 69, the Ministry of Finance issued the "Opinions on the Reform of Several Systems in the Financial Work of State-owned Enterprises (Draft)".
It clearly stipulates that "all state-owned enterprises shall stop drawing labor insurance funds" and "the wages of retired employees, long-term patients and other labor insurance expenses of the enterprise shall be listed as non-operating expenses instead."
This regulation caused the "state-enterprise insurance" model to degenerate into a single "enterprise insurance" model.
The labor insurance system became an internal affair of each enterprise and continued until the opening up in the 1970s.
What do you mean?
What you mean is that you don't feel bad when your son sells your father's land, right? Well then, let's split up!
Enterprise managers and employees are responsible for their own insurance claims and write-offs. You abuse them when they have money, and you just stand by and watch when employees curse you because they have no money to see a doctor.
Did Li Huaide know that this change was going to happen?
No one knows, including all the leaders of the Red Star Factory, so today's meeting is taking place.
But not knowing does not mean not being able to feel it. Anyone who works in organization and finance will definitely know this risk.
Would you spend your family's guaranteed savings recklessly?
"There are three main opinions. Let's discuss them."
Li Huaide had communicated with several leaders privately, but the opinions were not very consistent.
Of course, when he was in doubt, he would ask Li Xuewu.
But Li Xuewu's ideas were more radical than his. He was so excited after hearing what he said that he almost couldn't control himself.
Finally, I called Zhou Miaomiao into the room to discuss the dance moves, which helped me keep my mind clear.
"First, in order to speed up the industrial layout, the company's insurance funds will be used as support for the time being."
“Secondly, in order to protect and promote the welfare of employees, additional labor security programs will be established.”
"Third, increase the budget for retired employees, sick leave and other labor protections."
After Li Huaide finished speaking about the three points, he looked at the people at the conference table and emphasized: "I will focus on the third point, which is about retired employees."
"At present, our factory is undergoing personnel system reform, and a large number of employees have withdrawn from their jobs, leaving them to young people."
He pointed at the conference table and said, "At the beginning of the personnel change, a plan to retire a group of people was already decided."
“The issues raised now are considered as supplements and adjustments to this plan.”
After Li Huaide finished speaking, he looked at everyone, waiting for their opinions.
Cheng Kaiyuan glanced across at him. Old Li would not do his work without asking Li Xuewu's opinion.
Privately, Li Huaide had already sought his opinion on these issues, and he was still relatively conservative.
It can be seen that Li Xuewu did not show a positive attitude, so he insisted on his own opinion.
"Let me tell you about it. Director Li told me about this plan."
He crossed his arms, looked at the others and said, "This year's fiscal budget is under pressure. I think Comrade Yunong is not at home. If she were at home, she would definitely complain to everyone."
"Hehehe——"
The meeting was quite relaxed. It was just normal work and didn't involve personal interests, so everyone spoke freely.
"Let me talk about production first. After all, the funding gap is quite large." Cheng Kaiyuan gestured to Li Xuewu on the opposite side and said, "Xuewu has already coordinated with us several times."
"I am still cautious about using insurance money to temporarily make up for production shortfalls."
He said seriously, "It's too big a deal. Once we open this door, I'm afraid we won't be able to stop it."
"Once a deficit is formed, I'm afraid the employees will react and the higher-ups will also pay attention."
"Well, I did think of this, and I also told Comrade Kaiyuan about it."
Li Huaide nodded and said, "There are two dilemmas for our management committee. One is that it is difficult to look up, and the other is that it is difficult to look down."
Everyone grinned, some nodded, and some shook their heads.
"I think it's still a matter of scale. The key is to grasp it."
He ignored Cheng Kaiyuan's objections and explained: "How much to embezzle, where to use it, when to return it, and what to return it with, all require a standardized plan."
"We can discuss this later, but let's discuss the basic plan today."
Li Huaide replied to Cheng Kaiyuan and looked at the others, waiting for their opinions.
"Cough-cough-"
Xue Zhifu sat up straight, coughed and said, "Let me talk about engineering, service and logistics."
"Everyone on the engineering side knows that this year we are taking big steps and want to move forward at a fast pace, so the pressure on construction funds is also great."
He lowered his head slightly and looked at the document. "Except for the maintenance budget, which has not been touched, the engineering budget has long been exceeded. Let's not talk about this."
The reason for not discussing this is that most of the engineering investment and construction projects belong to the tertiary industry and joint industry, and this part is raised by the enterprises themselves.
In other words, Red Star Factory has money and can build the factory however it wants.
As long as the competent authority approves it and the local land resources approve it, there will be no other restrictions.
When submitting the plan, since you didn't think about incorporating it into planned production, forget about getting the construction budget from above.
Therefore, the small amount of regular construction budget given above is insignificant compared to the massive infrastructure investment of the Red Star Factory.
To say that the amount exceeded the standard is a small matter, it can be said that it exceeded the standard by double.
"I'm going to talk about engineering construction, which is still related to the engineering team and the labor team."
Xue Zhifu smoked and drank tea all year round, so his voice was very hoarse and he definitely had pharyngitis.
So you just listen, when he speaks, he coughs to clear his throat after every few sentences and takes a sip of tea after every paragraph.
It's not just Xue Zhifu who is like this. Most of the cadres who have worked in leadership positions for a long time are like this.
Especially those who come from government agencies, their throats are pickled by cigarettes and tea, and none of them can speak loudly.
It seems that before, Li Xuewu's speech was like thunder, which was rare among corporate managers.
Otherwise, why do people say that Li Xuewu is making great progress? Look, he speaks in a very elegant manner now and rarely speaks loudly.
"In the first half of this year, the Red Star Factory expanded its construction and labor teams, and more than 8,000 people poured into the engineering department all at once."
He glanced at Cheng Kaiyuan and said, "In the past, I would have more people under my command than Deputy Director Cheng."
“Hehehe—now you are not as good as me.” Cheng Kaiyuan smoked a cigarette and said with a smile: “I will have more than 80,000 people in my hands.”
"Hahaha--"
Everyone laughed. This kind of comparison was just like when the two company commanders sat together and boasted when they were recruiting troops.
"Let alone 80,000 people, even these 8,000 people make me feel very stressed."
Xue Zhifu glanced in Li Huaide's direction and said, "The construction team and the labor team are both engaged in heavy physical labor. The comrades are very hard-working."
"It's midsummer now, we can't help but think about winter."
He said seriously: "In addition, the workforce has expanded rapidly, and labor security can barely keep up, but labor welfare is still a little lacking."
"I hope the factory can consider establishing a sound and comprehensive labor protection system for the two teams."
“Well, this is a very pertinent opinion.”
Li Huaide nodded and said, "Comrade Xuewu mentioned the safety and labor security systems of the labor and construction teams to me once, and we will discuss them this time as well."
He gestured to Li Xuewu and said, "Especially for safe production and labor, relevant systems have been formulated and issued, right?"
"Yes, sir. It was designed and customized by the management and technical backbones of the two teams."
Li Xuewu responded and supplemented Li Huaide's words, only stating the facts and then stopped talking.
"The labor security system must keep up. After all, the labor team and the engineering team are long-term key tasks."
Li Huaide tapped the table with his fingers, looked at everyone and said, "The engineering team must gradually become professional and industrialized. In the future, we will establish a professional construction engineering team. This point cannot be shaken."
"The number of people in the labor team, at least during the personnel change period, will not be less than the current size, so a comprehensive protection system must also be established."
He said: "I heard about it and saw it with my own eyes. Yes, in the steel city, the sun was shining and the workers were working on the construction."
"It's very hard. Personnel reform is not about throwing mud and throwing people like mud. It's about using them rationally."
"Director Li, should we follow the current welfare benefits standards for the engineering team, or should we..."
Gu Weijie held a pen in her hand, as if ready to take notes at any time. She frowned and looked at Li Huaide and said, "My suggestion is to implement it according to the standards of the engineering team for the time being, and then come up with a plan, and then revise it."
"Then let's do as you wish and supplement this treatment first."
Li Huaide was very eager to do business. He did not have any sense of distinction based on his background and tried to ideologically influence the workers in the factory.
This was also due to the fact that the Red Star Factory quickly completed the transformation and personnel adjustments, and no serious trauma occurred.
Several people who had grudges against Li Huaide have been dealt with, and now he has the final say in the factory.
The labor team is not used in this way in other factories. It has a bit of labor education color.
But this is not the case at the Red Star Factory. The engineering team is a formal organization, and there is an engineering construction company in the group system plan.
The labor team is not. It is just a transitional unit that emerged in the process of personnel change, institutional change and industrial structure adjustment of the Red Star Factory.
The people in the labor team come from many sources, including those who were transferred there due to technical and personnel changes in the workshop, workers who came in after a merger, those who had problems during the large-scale learning activities, or some workers who are actively making progress and voluntarily transferred to other positions in order to earn more wages.
Yes, the formal employees of the engineering team do not earn as much as those of the labor team.
For physical labor, not only the food standard is high, but the salary standard is also high. This time, Li Huaide wants to recruit brave men with a generous reward.
The speed of infrastructure construction is equal to the speed at which the Red Star Factory operates at full capacity to make money. Completing the infrastructure construction as soon as possible means that the Red Star Factory can start operations as soon as possible.
Not all workers in the labor team are specialized in manual labor. After the transformation is over, they can also operate machinery when they return to the workshop.
Therefore, the meeting unanimously passed a resolution to supplement and improve the labor security system for engineering teams and labor teams.
Things like labor protection equipment, labor protection services, and medical and health services all need to catch up quickly.
Thanks to Li Xuewu's suggestion some time ago, Red Star Factory has vigorously recruited and requisitioned medical personnel, and now the factory hospital is well-staffed.
It's a good time to put these medical personnel down for exercise, especially orthopedics and emergency medicine.
"Comrade Xuewu, do you have any objections?"
Everyone talked about it, and some of the three main issues were implemented, some were shelved, and the issue of misappropriation of funds has not been resolved yet.
Several welfare security projects have been set up, including welfare supplements for labor teams and engineering teams, adjustments to the security system for shipbuilding workers at Yingcheng Shipyard, etc.
In terms of retirement, sick leave and other labor protection, labor protection is implemented because Red Star Factory has its own tertiary industry.
Although the bedding factory and the labor protection factory used old equipment, the scale of the United Industrial Factory was still very large after the merger of several factories.
It can not only guarantee the supply of labor protection products for several factories, but also supply other enterprises. It is the most profitable tertiary industry.
The current problem is the mobilization of funds, retired employees and chronic patients.
Everyone had said it, except Li Xuewu, who was the only one who was not mentioned. Gu Weijie mentioned his name.
Before Li Xuewu could speak, Li Huaide put down his teacup with a smile, glanced at Li Xuewu, and said to everyone: "We communicated on the way back last week, and Xuewu has more ideas than me."
"Really? Tell me quickly."
Gu Weijie was there to watch the fun, and seeing that most of the topics raised by Li Huaide had failed, of course she had to drag Li Xuewu in to mediate.
Li Xuewu finally realized that he was a bricklayer who specialized in smoothing things over.
It's not enough to just smooth things over, you have to use bricks and tiles to patch up the holes.
But he had long been accustomed to it. Li Huaide put him in this position, sitting on the first chair, and this was exactly the job he was supposed to do.
"Director Li said that I have a lot of ideas. It's true that I have a lot of ideas." Li Xuewu smiled and gestured to Li Huaide, saying, "Director Li just wants to embezzle part of the funds. My idea is to embezzle all the funds."
"Hahaha--"
Li Huaide looked at everyone's surprised expressions and gazes and couldn't help but laugh out loud.
I told you a long time ago that Li Xuewu will never stop until he says something shocking. Come on, scare you!
"All of it? From the account?"
Gu Weijie glanced at Li Huaide and knew that Old Li must know something, and she also knew that Li Xuewu was definitely not a reckless person.
Li Huaide was laughing so happily, and Li Xuewu looked calm and steady. Of course, he was not joking, nor was he doing anything random.
“Yes, all of them were moved away, but not misappropriated.”
Li Xuewu said under everyone's concerned gaze: "It is undoubtedly a waste to keep so much money in the account."
"Misappropriation is risky, and if the funds are not in line with the accounts, it will be a problem for everyone at the Red Star Factory."
"Xuewu's suggestion is to put this part of the funds in the United Savings Bank."
Li Huaide was the first to explain: "We will use this part of the funds as the principal to implement investment and profit."
"The profit will be used as a supplement to welfare benefits or insurance construction."
"Isn't this... a bit too big a step?"
Cheng Kaiyuan pinched his ears, looked at Li Xuewu and asked, "Is there any insurance mechanism to follow?"
"Investment is always risky. No matter how big the insurance is, we cannot guarantee that our investment will make money."
Li Xuewu emphasized this first, then looked at everyone and explained: "Only when the absolute value of the investment amount is greater than the risk value can the project profit be controlled."
"That is what I mean. Put the insurance money of more than 10 million in the United Savings Bank for operation."
"The risk is still too high. Even though our economic system is very stable, there are few projects to invest in and the profits are too slim."
Cheng Kaiyuan warned: "If there is no sufficient guarantee and absolute confidence, I am not optimistic about this project."
"If you want to wait until the settlement business of the United Savings Bank is opened and then go to the port city to participate in the investment, then I disagree even more."
"Investment in mainland China's capital flow is naturally not the first choice, and I have concerns about this as well."
Li Xuewu nodded, agreeing with Cheng Kaiyuan's opinion, and then looked at everyone and said, "But there is one point where Deputy Director Cheng and I have the same opinion, and that is the opening of the settlement business."
"As long as the settlement business of Oriental Times Bank and United Savings Bank is opened, foreign exchange settlement will be convenient."
He looked at everyone and said, "For at least ten years, it will not be a loss to do foreign exchange holding and settlement, as well as the purchase of advanced equipment."
"what do you mean……"
Everyone around the conference table thought that Li Xuewu was going to use the money as a security deposit and cooperate with Oriental Times Bank to build a funds settlement platform.
For example, Beijing Machinery Factory No. 2 received foreign trade orders through the Red Star Factory, exported equipment, and earned foreign exchange.
How did they do it in the past?
Of course, Beijing Machinery Factory No. 2 has never received such an order. If it really wants to earn foreign exchange, it will naturally be converted into funds through formal channels.
But what if an export order becomes a purchase order?
When exporting, Beijing Machinery Factory No. 2 opened an overseas account at Oriental Times Bank as a platform for goods and funds transactions.
As long as the money is not returned, there is no need to transfer it.
You can purchase advanced equipment and technology through Oriental Times Bank or the resources of Red Star Factory, and you don’t need to transfer money when you return to China.
Because this is not money anymore, and it is a duty-free product, so you are making a profit invisibly.
If these technologies and equipment are not used by Beijing Machinery Factory No. 2 and are sold to others, it would be considered an internal transaction and the money would go back into the pocket of Beijing Machinery Factory No. 2.
If it operates well, Beijing Machinery Factory No. 2 will not only not suffer losses, but will also make a small profit.
With United Savings Bank holding the project funds on behalf of Oriental Times Bank and using the insurance principal of United Savings Bank as collateral, there is no project that cannot be operated.
More than 10 million is enough to meet the operation of this project.
Inside the conference room, except for Li Huaide who was calmly drinking tea, everyone else was frowning and thinking.
Are there any risks?
Yes, Li Xuewu said that investing involves risks.
The operating method he described is itself an investment project, but it is operated by himself.
Moreover, they are playing in a field that Red Star Factory is familiar with, that is, the import of technology and equipment.
Nowadays, there are no tariffs when advanced technologies and equipment from outside enter the country, which is a benefit to support construction.
Although it avoided the transfer of foreign exchange, it also effectively enriched industrial production and technological advancement.
This is not about finding loopholes, but about finding a way out. The Red Star Factory was able to achieve leapfrog development through advanced foreign technology and equipment, and other factories and units can do the same.
There are only a few obstacles restricting the import of advanced technology and equipment at present, but the port city is definitely an excellent springboard.
The establishment of Oriental Times Bank must not be a solitary enterprise, a sudden burst of momentum, or a short-lived performance.
Li Xuewu wants to increase the investment in Oriental Times Bank and continuously add luster to this bank.
A bridgehead for the import and export of industrial transformation technology and equipment, the first project of the company's self-owned insurance funds to reasonably operate...
Mr. Li thought about it for many days but didn't dare to make a decision. He decided to bring it to the meeting for discussion.
Either he embezzled part of the funds according to his plan, or he strictly controlled borrowing and repayment according to a feasible plan.
Either see if Li Xuewu's plan is feasible, or everyone can be bolder and create brilliance.
In fact, after Li Xuewu finished speaking, everyone had an idea in their minds. When the United Savings Bank was first established, there was a financial operation item.
Li Xuewu even went to the trouble of asking for a license for external settlement and reconciliation during the negotiations, which was specially applied for by the credit union and the bank.
Fortunately, it is this era. You can forget about the first three years and the last three years. This thing will never be approved for you.
In fact, this era is very confusing and relaxed about development, because there are no management standards to refer to.
You see, when Li Xuewu asked for import and export rights from the Ministry of Foreign Trade and Economic Cooperation, they refused to give it to him because the mainland already has a relatively mature import and export commodity management system, so of course they would not give it to him.
However, external settlement business, especially industrial loan settlement between mainland banks and Hong Kong and city banks, is still a niche area.
What can I say about this thing? You can give it or not. You will give it after you try.
Li Xuewu forced the credit union to put in a lot of effort and finally got the application for the license approved.
We will have to wait for a while before the final decision is made as the higher authorities still need to review the qualifications of Oriental Times Bank.
But there is no problem here, and there is even less problem with Oriental Times Bank.
Even with 20 tons of gold as a guarantee, I cannot say that I can compete with Huifeng. Ordinary banks cannot compare with the wealth of Oriental Times Bank.
This is the capital that more than a dozen old capitalists put up after spending all their money. If it had been in the 1930s, they could have established a bank with it.
Everyone was vague and didn't dare to make a decision immediately. Fortunately, Li Huaide was not in a hurry. He put the issue aside and studied it later.
Li Xuewu dares to speak. He is not a member of the management committee now, so no matter what he says, even if he says something wrong, everyone will just treat it as nonsense.
“We need to develop welfare benefits and welfare programs, and we need to expand and improve them.”
Well, no wonder Li Huaide said that Li Xuewu has more ideas than him. This is not just more, this is too radical.
"Of course, if we can't distribute the money, it's useless." Li Xuewu looked at the crowd and said, "My opinion is that we should start from these four aspects: food, clothing, housing and transportation."
"Residential areas need shopping malls and service departments. I think the welfare programs need to be well done, at least in terms of product categories, they must be rich."
Of course Li Xuewu would not ask for price reduction or discount. In the planned economy era, this was something only a fool would do.
He even wanted to raise the prices of goods and establish a bargaining system.
"The second is the residential environment, which must be beautiful, well-maintained, and enrich the entertainment life of employees and their families."
He suggested: "It's time to put playgrounds, swimming pools, and gymnasiums on the planning agenda."
“In addition, budgets for nursing homes and sanatoriums can also be allocated from funding projects, which is what factory employees are most concerned about.”
"Finally, regarding transportation, we can centrally purchase large buses to ensure the safety of employees commuting in and out of the city."
Li Xuewu tapped his pencil and said, "If the insurance funds are managed properly, even the construction and operating funds for these projects can be obtained from profits."
"Learning martial arts is still obsessed with financial operations." Xue Zhifu nodded at him with a smile and said, "Now you have arranged how to spend the money you earn."
"That's called being resourceful."
Gu Weijie smiled and glanced at Li Xuewu, motioning him to continue, as they had not yet come to the key issue.
"I don't have any experience in dealing with retirement and sick people," Li Xuewu said, looking at everyone with a smile, "If you ask me, having a pension and someone to rely on when you are old is the ideal of all of us."
"Let me tell you the point. You should know it very well." Gu Weijie held him tightly and reminded him, "The number of retired employees will increase. There will be more and more people, and the financial pressure will increase."
"Especially now that the factory is rapidly expanding its workforce, how are we going to accommodate so many retired workers?"
"Increase revenue and reduce expenditure, two directions."
Li Xuewu didn't care about Gu Weijie's attitude. It was not directed at him, nor was it intended to embarrass Li Huaide.
This is work and also a fact. Gu Weijie is in charge of organizational work and must have talked about this at the meeting.
Jing Yunong was not at home. If she were at home, she would definitely talk to Gu Weijie about the financial pressure and difficulties.
Red Star Factory made a lot of money this year, but also spent a lot. It will spend even more in the future. If it can't control its money, Red Star Factory will go bankrupt.
Jing Yunong is in charge of the money earned, while Gu Weijie is in charge of the workers who spend the money, so both of them are very worried about the current financial pressure of the Red Star Factory.
"The current pension insurance, medical insurance, and work-related injury insurance payment coefficients are still not high."
Li Xuewu considered it for a moment and said seriously: "In addition to the fund operation I just mentioned, the only option is to open up new sources of income."
When everyone looked over, he tapped his fingers and said, "Red Star Factory is going to build its own medical system, so there is no need to worry about medical insurance for the time being."
"Work injury insurance needs to be adjusted, and the establishment of commercial insurance is imperative." Li Xuewu ignored everyone's reaction and continued, "The same is true for pension insurance. We must take the route of supplementary insurance."
"You can set up an enterprise annuity and a housing provident fund."
Corporate pension was first invented by American Express in 1875.
American Express established the first formal corporate pension plan in 1875, providing pension income to employees who became disabled at work and had worked for the company for 20 consecutive years.
Enterprise annuity is a retirement plan provided by an enterprise to its employees, which aims to solve the economic security problem of employees after retirement. It is also a way for enterprises to attract and retain outstanding talents.
It was first introduced in the United States in the 20s and then gradually became popular in other countries.
In addition to the United States, other countries are also gradually introducing and developing corporate pension systems.
For example, European countries began to provide annuities to their citizens in the late 19th and early 20th centuries. Especially during the Great Depression, annuities became popular because of their ability to provide fixed income.
In addition to the United States, other countries are also gradually introducing and developing enterprise annuity systems. For example, European countries began to provide annuity insurance to citizens in the late 19th and early 20th centuries. Especially during the Great Depression, annuity insurance was sought after because of its characteristic of providing fixed income.
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The provident fund system originated in Germany in the late 19th century. Its original purpose was to solve the housing problem of workers. With the rapid development of capitalism, urbanization has brought a large number of migrant workers into the city to work, and the housing problem has become a serious social problem. Therefore, the German government introduced the provident fund system to help workers solve the housing problem. Subsequently, the provident fund system was gradually introduced to other countries, such as Switzerland, the United Kingdom, the United States, etc.
(End of this chapter)