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Geely middle and senior executives voluntarily cut wages to join the incentive mechanism, and will complete 2 million sales next year.

2024-09-17 Update From: AutoBeta autobeta NAV: AutoBeta > News >

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AutoBeta(AutoBeta.net)05/15 Report--

Independent brands are under great pressure in the face of dismal car sales in China, and even Geely, which has always had a strong momentum, has also fallen. "Geely asked employees to voluntarily cut wages" circulated online today. "take the initiative to buy a car" news makes this independent car company once again become a hot spot in the circle.

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At the same time, an application for a voluntary salary reduction for Geely Automobile employees was also exposed on the Internet. The specific content is as follows: as a Geely person, he volunteered to share and struggle with the company, and voluntarily applied for a reduction in wages and year-end bonus _ yuan as operating sharing funds at a time when the collective market of the automobile industry is facing great challenges. After the completion of the reduction plan for business sharing, wages will return to normal.

Employees are required to reduce their monthly salary by the corresponding amount during the nine months from May 2019 to January 2020. If the reduction is not completed, it will be deducted from the year-end bonus, and if the year-end bonus is not deducted enough, it will be deducted from the salary from February to June 2020.

It is literally understandable to ask employees to voluntarily reduce their wages, but what is "business sharing"?

At the same time, another chat screenshot broke the news that Geely forced employees to buy the 01 national five model.

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From the screenshot information, Geely requires internal digestion in order to clear the country 5 inventory. For employees with administrative positions, employees with 8 posts or more each buy a Lecker 01 with an advance payment of 20,000, and the rest will be deducted from the salary.

When asked by friends about his specific position at Geely, the source said: "I leave."

When the two screenshots were widely circulated on the Internet, many netizens speculated whether Geely would lay off staff in disguise, digest inventory cars and so on.

On the afternoon of the 15th, Yang Xueliang, vice president of Geely Automobile Group, directly responded to the above online exposure through Weibo, saying that there was no so-called "salary cut", but only asked some employees to voluntarily join the Geely incentive mechanism.

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Geely Automobile has officially launched the 2019 salary adjustment since May, and the salary of outstanding employees can increase by up to 30%. In order to make middle and high-level cadres have a greater sense of mission, a sense of purpose and a sense of results, employees of more than eight posts are willing to join the business results-sharing incentive mechanism, and the return for achieving the goal will be higher. "

Equivalent to more than 8 employees take a salary as a bet, these employees are Geely middle and high-level cadres, their annual salary will not be low, but the key is how big the risk is? The general environment of the automobile industry is not optimistic, and the sixth year policy is imminent. Geely has entered 2019 with 30, 000 lug inventory. Under heavy pressure from many aspects, it is understandable for enterprises to formulate incentive mechanisms for middle and high-level requirements. And these policies will eventually be recognized by everyone within the enterprise, which is also the biggest reason for the spread of these documents.

Combined with the above comprehensive information, Geely plans to go all out to achieve the sales target of 2 million vehicles by 2020, and to be a hero in terms of market share.

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Geely sold 1.5 million cars in 2018, with a target of 1.51 million in 2019. From January to April this year, Geely's total sales were 470000, down about 9 per cent from a year earlier and meeting its target of 1.51 million. With the Chinese car market still uncertain, Geely is likely to miss its full-year target of 1.51 million vehicles in this direction.

Geely still has a lot of uncertainty about the planned 2 million vehicles in 2020.

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