'Take as much as you can': Company lays Rs 70 crore cash for employees to grab; Netizens say, 'my company just gives pizzas'

Henan Mining Crane Co., a China-based crane manufacturing company, organised an unusual bonus distribution event in 2022, where employees were rewarded with massive cash payouts. The company placed an enormous sum of S$11 million (Rs 70 crore) on a large table, allowing employees 15 minutes to count and collect their share. The unconventional event quickly gained attention and went viral on social media.

The unique bonus event attracts global attention

The bonus distribution method involved employees competing against each other to count as much cash as possible within the given time frame. Videos of the event first surfaced on Chinese social media platforms like Douyin and Weibo before being widely shared on Instagram. Employees were seen stacking piles of money as they rushed to claim their rewards. One worker reportedly managed to count 100,000 yuan (S$18,700) in just 15 minutes.

Social media reactions to the cash giveaway

The event sparked mixed reactions online. Some social media users praised the unique approach, with comments like "This is the kind of paperwork I want!" while others found it amusing. However, many criticized the event as impractical, questioning why the company did not simply transfer the bonuses directly to employees' bank accounts. Comments such as "This is a circus act" and "Just deposit the money instead" reflected skepticism towards the extravagant display. The event also raised broader discussions about corporate generosity and whether such public displays were necessary.

A tradition of grand bonus handouts

Henan Mining Crane Co. has a history of distributing bonuses in a grand manner. In 2023, the company organized another large-scale bonus handout during its annual dinner. The practice highlights the company’s commitment to rewarding employees while embracing a non-traditional approach to compensation.

The event continues to generate debate on social media, with discussions centered around corporate culture, employee appreciation, and efficient bonus distribution methods.