Company head says he does not love giving money away, but simply understands the financial struggles his workers face in their daily lives
On February 13, Henan Kuangshan Crane Co., Ltd. held its annual company gala, during which more than 60 million yuan (US$8.7 million) in cash bonuses were distributed on site.
At the event, 800 banquet tables were set up to accommodate around 7,000 people.
Employees were invited on stage to receive their rewards, while in other interactive activities they counted the money themselves: whatever amount they counted, they could take home.
According to videos circulating online, employees were seen counting cash spread across long tables, while others carried bundles of notes in their arms on stage, with some barely able to hold all the money.
During the gala, the boss Cui Peijun even called out to the finance department on stage, saying: “Why are we giving out washing machines? Do you think gold prices have gone up? In previous years, we gave necklaces and rings, bring up the cash and give everyone another 20,000 yuan (US$2,800).”
