Recently, Country Garden announced that the company's executive directors Yang Huiyan, Mo Bin, Yang Ziying, and non-executive director Chen Chong took the initiative to request a reduction in salary. Specifically, the annual salaries of these four directors were originally 370,000 yuan, 3 million yuan, 2 million yuan and 370,000 yuan respectively, but after the salary reduction adjustment, their annual salaries will be uniformly adjusted to 120,000 yuan, that is, the monthly salary is only 10,000 yuan. This initiative has sparked widespread attention and praise, and is seen in the industry as a manifestation of noble sacrifice and dedication.
In order to better understand and evaluate this move, we can dissect it from the following perspectives. First of all, the directors who took the pay cut were the top executives of Country Garden, who had higher positions and influence, and the high salaries were deserved. However, under the current severe global economic situation and the impact of the epidemic, Country Garden is facing huge difficulties and challenges. Under such circumstances, the directors were able to take the initiative to reduce their remuneration and reduce the financial burden of the company, demonstrating their deep sense of responsibility and responsibility.
Secondly, this request for a pay cut is a positive response to the company as a whole. As a well-known enterprise in the field of real estate, Country Garden has always been known for its strong strength and excellent management level. However, the current economic situation and industry difficulties have made Country Garden face major challenges. In response to this dilemma, the company has taken a number of self-help measures, including reducing administrative expenses. The reduction of the remuneration of the senior directors is not only to better cooperate with the company's self-help efforts, but also to serve as an example to the employees, showing teamwork and determination to overcome difficulties together.
Thirdly, the move to reduce salaries also reflects the care and respect for employees. Nowadays, many companies have to face the dilemma of salary cuts or layoffs, and the livelihoods and benefits of employees have been severely affected. However, Country Garden's senior directors show genuine care and respect for their employees, not only in their own interests, but also in consideration of the stability of the company as a whole and the well-being of employees. This noble sentiment and way of thinking of weighing the pros and cons are worth learning from and Xi.
To sum up, Country Garden's initiative to reduce the salary of senior management is not only an individual act, but also a model of close cooperation and common struggle between the company and employees. The directors lead by example and lead the company through the economic winter with practical actions, fully demonstrating the spirit of responsibility and responsibility.
Country Garden not only showed responsibility and responsibility in terms of senior salary, but also showed self-help measures and organizational structure adjustment. In the recently released information, we can see the specific measures taken by Country Garden in the face of difficulties.
First of all, the company has implemented a significant reduction in administrative expenses. According to the article of the monthly business meeting released by the official ***, Country Garden will do its best to reduce administrative expenses in 2023, and the total amount will be significantly reduced by nearly 60% compared with 2021. The group-wide administrative expenses are strictly in accordance with the principle of zeroing, reducing non-essential expenditures, and reducing rigid expenditures through integration and intensification. This is a concrete and effective measure to further optimize the company's cost structure and improve the efficiency of resource utilization.
Secondly, Country Garden has adjusted its organizational structure to improve management efficiency and adapt to market demand. According to online news, Country Garden has merged 14 regional companies to form 7 new regions, including North China, Lusu, Central and Western China, Zhejiang and Anhui, Jiangxi-Fujian, Sichuan-Yunnan and Jiangzhong. This adjustment aims to flatten management and optimize the company's overall strategic layout through resource synergy and collaboration. This can reduce the cost and management complexity of communication between departments and levels, and improve the company's competitiveness and response ability in different markets.
Behind these self-help measures and organizational restructuring adjustments, Country Garden's strategic insight and ability to respond to crises as a large enterprise are highlighted. In the face of the current predicament and the uncertainty of the industry situation, Country Garden was able to adjust its business strategy in a timely manner and take the initiative to respond to market challenges, which further enhanced the company's resilience and sustainable development capabilities.
From the reduction of senior salaries and administrative expenses to the restructuring of the organizational structure, this series of initiatives and actions highlight the power of entrepreneurship and teamwork. As an entrepreneur, being able to make difficult choices under major difficulties and challenges, and taking the initiative to take responsibility and responsibility, is not only a responsible performance for the enterprise, but also reflects the vision and wisdom of the leader.
For each of us, Country Garden's move to reduce the salary of senior management is a spur and inspirational force. In the current economic environment and fiercely competitive market, only by actively adapting and innovating can we be invincible in the fierce competition. At the same time, as employees and professionals, we should also pay attention to teamwork and the improvement of organizational effectiveness in our personal career development, actively participate in the self-help actions and organizational adjustment of the enterprise, and contribute to the development of the enterprise.
Finally, we should think deeply about the deeper meaning behind the reduction of the salary of Country Garden's top management, the reduction of administrative expenses and the adjustment of the organizational structure. In this context of the times, the power of entrepreneurship and entrepreneurship has become particularly important. We should take this as a warning, continuously improve our leadership and management capabilities, shoulder more social responsibilities, and make our contribution to building a more harmonious and sustainable society. At the same time, we should also praise and encourage those entrepreneurs and entrepreneurial spirit who work hard and make progress in difficult situations, and jointly build a better future.
Disclaimer: This article represents the views of the author and does not necessarily represent the position of CJFN. Investors act accordingly at their own risk. ）