The effect of the wage reduction system.
Xinhua issued an open letter to all employees a few days ago, saying that it would take measures to reduce wages to solve the current difficult situation. The standard of salary reduction is divided according to grades, 20% for level 17, 10% for level 16, and 10% for level 15. The pay cut was not forced, but voluntary. While the pay cuts won't have much of an impact on their lives for executives, they also say they will be paid more if the company's performance improves.
The move of executives to cut their salaries has sparked heated discussion online, with some arguing that executives are likely to get their money back after taking a pay cut, but that benefits for lower-level workers have not been improved. Some people say that such a big pay cut will have a big impact on the people below, because the top has more decision-making power, and if the executives' salaries fall, the bonus at the end of the year is likely to be returned. Netizens said that the layoffs were mainly to send a message to the majority of employees: the company is in a difficult period and everyone has to make some sacrifices. In this way, the boss is willing to reduce the salary, and the average person is willing to reduce the salary.
Disruptions caused by delayed registration of new students.
In addition, H3C has also implemented a number of measures to reduce costs and improve efficiency within half a year. Among these measures, the delay in the entry of new graduates, the default of graduates, and social recruitment will have a heavy impact on these affected employees. Some company recruiters only learn that their jobs have been cancelled and that there is no compensation after receiving the offer letter. There are even some new students who have just bought an apartment and are planning to go to work, but they are suddenly notified that they want to postpone their work, and this month's rent is a big expense for them.
Such an action has sparked a certain amount of controversy. According to the Internet, about 20% of the college students who have just graduated this year have been dismissed, and the company has also laid off employees to reduce personnel costs. There are even predictions that even the most basic workers will be laid off in the future. Some netizens believe that the salary of new employees is too high, and this kind of breach of contract is very common. They believe that companies should be more cautious when setting wage rates for new employees to avoid unnecessary financial losses.
Questions and concerns about business management.
In terms of wage reduction and employment, some netizens expressed doubts about the business model of Xinhua III. In their opinion, the system of promotions and salary increases lacks transparency, the rate of wages is too slow, and the talented people are gone. In addition, Xinhua III also cut all overtime hours, which made it more difficult for workers to raise wages. Some people pointed out that the main reason for the above-mentioned problems lies in the lack of quality of enterprise managers themselves, who pay too much attention to immediate profits, and neglect research and development and the development of human resources. In stark contrast, Huawei's approach to the opposite is even more suspicious. They believe that Xinhua III should focus on technological innovation and external profits, not just by squeezing workers to achieve profits.
Overall, H3C's treatment of new employees after layoffs has caused a lot of controversy. Although the wage cut is likely to have a big impact on the lives of workers at the bottom, the company's decision-making is still in the hands of the top. At the same time, many internal management and welfare issues have also greatly reduced the trust of the company's employees. The future development of Xinhua III faces a major problem, that is, to find a balance between enterprises and employees. Only by formulating a fair and reasonable business policy can we ensure the development of the enterprise and realize the steady development of the enterprise.