You're Fired !

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“So what was the situation back then?” Lisa repeated the version of events that Hyunjae had told her earlier. “Was it just like that? Or…”

Before Lisa could finish, Jimin angrily interrupted her: “Hyunjae is a fraud!”

His anger was so genuine and undisguised that even Lisa could clearly feel Jimin’s disdain and disgust towards Hyunjae. Jimin usually joked and teased people, rarely showing such strong emotional tendencies.

He looked at Lisa and said, “I can now confirm 100% that Hyunjae is a complete trash and fraud. He talked as if he had done everything a lawyer should do without overstepping any boundaries. But why didn’t he mention how he hinted to some of the executives involved that they could get higher compensation, and then some of the less savvy executives listened to him and did something at Uncle Jeon’s company?”

Lisa was stunned.

But Jimin assumed that she didn’t believe him and continued, “J Pharmaceutical was doing so well, Uncle Jeon has had an easy life since he was young. He easily won awards in school and graduated from a famous foreign university. When he returned to China, he received his first investment, and from starting his own business to developing J Pharmaceutical, everything went smoothly like a miracle. He didn’t experience the usual difficulties that entrepreneurs face.”

Jimin paused. “But that also caused Uncle Jeon to be too aggressive and optimistic with his investment and production strategy at the time. He invested a lot of money in building production and research bases. Besides developing new drugs and clinical trials, he didn’t know who had convinced him to expand the company’s business into the electronic information industry. He had a medical background and didn’t understand electronic information. In fact, he was tricked out of a lot of money by someone with malicious intentions. The initial investments in the electronic information industry didn’t generate any return, leading to cash flow problems for J Pharmaceutical.”

“So that’s why they couldn’t pay their employees’ salaries?” Lisa asked.

Jimin was taken aback. “Is that what Hyunjae said? Strictly speaking, it can’t be considered as salary arrears. The salary was supposed to be paid at the beginning of the month, but it wasn’t paid that month and was already almost at the end of the month.”

However, if the salary is not paid after the end of the month in which it was due, the employee has the legal right to demand payment and compensation. Depending on the circumstances, the company can be ordered to pay 50%-100% of the salary as compensation. If Uncle Jeon’s salary was still unpaid at the beginning of the second month, then…

From the ruling, it can be seen that J Pharmaceutical did not pay its employees’ salaries for the month and it was delayed until the second month. As a result, the employees filed for arbitration. Several executives also challenged the decision, citing the lack of a written labor contract. The final judgment was for J Pharmaceutical to pay all the employees the overdue salary for one month, to pay the executives double the economic compensation due to the lack of a written labor contract, and to pay an additional 60% compensation to all employees for the salary arrears.

This can almost be said to be the maximum compensation for money that employees can receive when terminating a contract. Not only did they receive overdue salary, but also double economic compensation for the executives, and additional compensation for the arrears. There were 1,000 employees, including 5 executives. As a pharmaceutical company, the overall education level of its employees is higher than that of ordinary manufacturing companies, so the basic salary is also high.

Therefore, the labor dispute compensation for these 1,000 employees is a staggering amount of money.

Jimin naturally knew what Lisa was thinking, so he explained, “I haven’t finished yet. Although J Pharmaceutical was indeed in financial difficulty due to Uncle Jeon’s investment and decision-making failures, and the salary for that month was all delayed, it was originally possible to be paid at the end of the month. In order to pay the salaries, Uncle Jeon even put several of his own houses up for sale. In any case, he didn’t want the employees to suffer. Everyone has to make a living, and there can’t be no salary for the month. The employees below were not aware of the situation, but those five executives who were responsible for the matter knew.”