Henan Firm’s ₹70 Crore Bonus Goes Viral
A crane manufacturing company in China, Henan Mining Crane Co. Ltd, has made headlines for its unconventional year-end bonus distribution. Instead of direct bank transfers, the company laid out USD 11 million (approx. ₹70 crore) in cash, allowing employees 15 minutes to grab and count as much as they could take home.
How Did the Bonus Distribution Work?
- The company placed stacks of banknotes on tables inside its headquarters in Henan Province.
- Each employee had 15 minutes to count and collect cash.
- The amount successfully counted was theirs to keep.
- One employee reportedly secured 100,000 yuan (over ₹12 lakh).
A viral video shared on Chinese social media platform Weibo showed workers rapidly grabbing bundles of money while timers counted down.
Why This Bonus Method is Unusual
Unlike standard year-end bonuses—typically based on company profits or performance—this method introduced competition and excitement. While some employees celebrated the unique approach, others online debated whether this was a fair method of bonus distribution.
Watch the Viral Video here!
At #Henan Mine Crane Group's annual meeting, the boss handed out cash to employees and had them count the money! 💵👏 pic.twitter.com/EsbI399QYk
— China Perspective (@China_Fact) January 26, 2025
Social Media Reactions
On Chinese platforms, the initiative received mixed responses:
- Supporters called it a “fun” and “exciting” way to reward employees.
- Critics questioned whether it created inequality among staff, as faster counters could collect more than others.
Could This Happen in India?
In India, most companies provide Diwali bonuses, performance-based incentives, or stock options rather than cash grabs. Financial experts say a similar approach here would be uncommon, due to labour laws, tax regulations, and security concerns.
Henan Mining Crane Co. Ltd’s ₹70 crore cash giveaway has generated global discussions on employee rewards and corporate generosity. While it has been a public relations success for the company, it raises broader questions about fairness and workplace morale.
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