Abstract:
According to news on the morning of September 4, recently, many resigned employees of Xibei broke the news to the "BUG" column that the 2025 year-end bonus, severance compensation, and share repurchase funds were not paid out according to the time agreed in the original agreement. At the end of July this year, Xibei notified employees to change the agreement. The new plan was adjusted to: the 2025 year-end bonus will be paid in five installments before the end of 2026, each time 20%. If there is an interest agreement, the original agreement will be implemented before July 1, 2026, and the annual interest will be 8% thereafter;
There is still a part of the severance compensation that has not been paid. It will be calculated at an annual rate of 8% starting from July 1, 2026. 15% will be paid in the first half of 2027, 15% will be paid in the second half of the year, 25% will be paid in the first half of 2028, and 25% will be paid in the second half;
Part of the equity transfer price has not yet been paid, and interest will be calculated at an annual rate of 8% from July 1, 2026, and will be paid in installments before December 31, 2028 based on business recovery.
An employee revealed that before the agreement was changed, Xibei founder Jia Guolong held an online meeting to explain to the departing employees, "He said that he believed that the company could recover, but he could not pay in time now and would have to wait until 2028 to pay."
As of press time, Xibei has not responded to the change in the agreement.
After experiencing the crisis of prepared dishes, at the end of February this year, it was revealed that the Xibei headquarters had begun large-scale personnel adjustments.
According to the agreement between Xibei and its employees at that time, during the period when the store's cash flow was negative in 2026, Xibei implemented a salary deferred policy. 50% of monthly salary above 20,000 yuan will be paid, 80% of monthly salary of 10,000 to 20,000 yuan will be paid, and monthly salary of 10,000 yuan and below will be paid in full. February wages will be paid on March 10, and the salary delay will be made up within three months of July, August, and September. The 2025 year-end bonus will be postponed to July 10, 2026, and interest will be calculated at an annual rate of 6%.
The agreement also shows that in the event of dismissal, the compensation will be paid in installments, with 20% paid in the next month, 30% in the sixth month, and 50% before the end of 2026; in addition, the compensation can be converted into shares, calculated at twice the compensation. If you do not accept the dismissal, you can choose to stay without pay for 3 to 6 months. The company will pay the social security provident fund according to the minimum base, and decide whether to return to work after the business develops normally.
In the agreement, Xibei also agreed with employees on matters related to resignation and withdrawal of shares. According to the agreement, the equity repurchase funds can be converted into company loans, and will be paid in installments according to the plan of 20% in the next month, 30% in the sixth month, and 50% before the end of 2026, and interest will be paid according to the company's borrowing policy.
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