This is a fairy company: employees live like immortals, with a monthly income of over 20000 yuan, and the employees envy it to the point of jealousy! Recently, these employees have been live streaming: eating, drinking, and having fun! Working here is truly a wonderful and outrageous thing. Boss Jia Yueting is far away in the United States making cars. The meme of "coming back to China next week" has been circulating for almost 10 years, but the thunder is louder than the rain, and he has never set foot on the road back to China. But who would have thought that LeEco, which lost its boss at the helm, not only did not go bankrupt, but was also supported by more than 400 old employees for nearly 10 years, and is still running smoothly, making life the dream of working people. There are no shackles of KPIs here, no endless pressure from superiors, and no suffocating work pressure. Starting from 2023, LeEco will directly implement a work week of four and a half days per week, with flexible rest for all employees on Wednesday afternoons. The daily attendance only requires continuous working for 5 hours, with no mandatory clock in or absolute prohibition of overtime. Employees can finish work on time, completely bidding farewell to 996 and internal competition. The annual leave is 5 days more than the statutory limit, and in the 2024 Spring Festival, there will be a 10 day long holiday, which is 2 days more than the statutory limit. The holiday is so long that it makes people envious. Bad things in the workplace have almost disappeared from LeEco. There is no complex six level management hierarchy, only a two-tier structure of "core backbone - ordinary employees", without even a CEO. Major decisions are jointly discussed by seven core senior employees, without internal conflicts of hierarchical reporting or office politics of scheming. The position has been streamlined to "one carrot, one pit", where employees only need to do their job well, without having to compete for performance or stay up late for PPT presentations. The working atmosphere is as relaxed as a "workplace nursing home". What is even more enviable is that this' immortal day 'is accompanied by a considerable income. The average monthly salary of employees is 22000 yuan, with an average annual salary of nearly 300000 yuan per person. The annual salary for core positions is even over 500000 yuan. In 2024, salaries will be increased against the trend, and social security and housing fund will be paid at the highest standard of 12%. Wages and social security have never been in arrears, and the turnover rate is consistently below 5%. At a time when layoffs and salary cuts are frequent in the Internet industry, LeEco employees are enjoying high salaries and leisure, which is the proper ceiling of the working world. And all of this confidence comes from LeEco's "lying down" income model, which is activated by its employees: 1. The classic copyright "Cash Bull" can earn money even lying down. The exclusive online copyright of "The Legend of Zhen Huan", which LeEco invested heavily in at that time, became the biggest "survival straw". This single drama alone can generate nearly 20 million yuan in annual revenue, combined with the distribution, distribution, and IP authorization of over 5000 old drama copyrights such as "Mi Yue Zhuan" and "Conquer", with an annual copyright revenue of over 180 million yuan, supporting the company's basic operations. These copyrights have already passed the amortization period, and almost every installment is pure profit. 2. Activate assets to stabilize income and turn idle into cash flow. LeEco carefully plans to revitalize all idle assets and rents out idle office buildings such as LeEco Tower, with an annual rental income of approximately 20 million yuan; Sell off useless equipment, streamline non core departments, cut redundant positions such as strategy and marketing public relations departments, and spend every penny on employee salaries and basic operations, achieving a virtuous cycle of "low expenses+stable cash flow". 3. Membership and authorization "supplement income", diverse and stable foundation. In addition to copyright and rent, LeEco Video's paid membership subscription, advertising placement, and co licensing of trendy and marketing IPs such as "Empress in the Palace" continue to generate additional revenue, further strengthening the revenue line. Despite the absence of the boss and high debt, LeEco employees relied on pragmatism and wisdom to abandon blind expansion and adhere to the principle of "cash flow priority", turning a dying enterprise into an enviable "anti involution ideal country". Employees are shouting, 'Boss Jia, don't come back!' No internal competition, no pressure, decent income, and freedom, this LeEco is no wonder called the "immortal company", making countless working people envious and jealous, exclaiming that they "want to join". Do you want to join LeEco? I dream of it all!