Siheyuan starts from the stationmaster

Chapter 306 Equity Incentives

Equity incentives are very common in high-tech companies in the beautiful country, especially companies founded in Silicon Valley.Most of these emerging companies are composed of a few founders who come up with a promising project development plan, and then persuade venture capitalists to take money.

These new companies usually do not have enough funds when they start up, and they need to look for rounds of financing before going public, so it is naturally impossible to give employees very attractive salaries.

To attract and retain talent, companies reward them in other ways, such as stock options.The company will promise employees that as long as they have served for a certain period of time, they can buy corresponding stocks from the company at the price and amount agreed in the agreement after the company's stocks are listed and circulated.

In order to turn the option agreement with a blank check into real money, the employees will naturally work hard, hoping that the company can go public and raise funds as soon as possible.In this way, all employees of the company are tied to the company's chariot and work hard together.

Newspapers in the beautiful country report from time to time that a technology company has completed an IPO listing, and the entire company will create a large number of billionaires, multi-millionaires, and millionaires.Even ordinary staff at the bottom, as long as they have served in the company for a sufficient number of years, they will receive option awards, which is a considerable amount of extra income.

Equity incentive is a very unfamiliar word to most people in Xiangjiang.Most of the companies in Xiangjiang are family-run. Even if they hire excellent professional managers from the outside, they are all conditional on high salaries, and rarely take the initiative to let the management directly hold shares.

Of course, this is also related to the fact that most of the companies in Xiangjiang are concentrated in traditional industries such as textiles, clothing, toys, and real estate. It does not matter if one or two people are lost in traditional industries.

But Dingtian Company is different. What Bai Zirui wants to establish is a research and development company, not a sweatshop. Maintaining the stability of management and scientific research personnel has become an important factor in the development of Dingtian Company.

You must know that throughout the 80s, people's hearts fluctuated because of the future of Xiangjiang's ownership.Bai Zirui needs to plan ahead and think of countermeasures in advance. He is not willing to change management every three days. Every change in the top management will have an unpredictable impact on the company's development.

Equity incentives are undoubtedly a good medicine to unite people's hearts. Before the option is cashed, if the employee resigns from Dingtian Company, the option will be invalidated and the employee will suffer a lot of losses.

Bai Zirui finally asked about the construction of the factory, and the first phase of the plan has been completed.He was amazed by the speed of construction workers in Xiangjiang in this era. It only took about three months from the start of construction to the present.

Bai Zirui requested to build a gymnasium that can accommodate 500 people; build a 5000-seat indoor basketball court, which will be used as an auditorium during activities; build a 200-meter track, and build a football field; all leisure and entertainment facilities companies on the market are here have to have.

共建造长50米、宽以20米、高5米厂房标准3层厂房10栋;根据白子睿的要求加建了两栋长75米、宽30米、高5米厂房2栋和一栋长100米、宽40米、高5米的厂房1栋。

We just want to build a garden-style factory, and we have to work together according to this goal. "

The previous old houses were demolished and a library was built.Not only must all workers earn money from us, but they must also learn knowledge. They may not have the conditions at home before, but conditions must be created for them in the company.

Bai Zirui led John Chambers and other company executives to inspect the construction of the factory. Compared with when it was just acquired, Dingtian Company has undergone earth-shaking changes. In the past, there was only one factory building, one simple warehouse, and one building. The dormitory building, a factory with a two-story building decorated with a facade, can no longer be seen at a glance.

There are 5 building dormitories, two of which are built according to the standard of business hotels, which can accommodate up to 5000 workers. The company currently has less than 2000 people including all newly recruited workers. The second phase of construction includes R&D departments, company The headquarters and recreational facilities for workers are under construction around the clock.

Bai Zirui finally concluded: "Our company's land area looks huge, but it's actually too small. The public relations department arranged people to negotiate with two nearby villages.

The construction of the factory is cost-effective, and except for the Spring Festival holiday, it works 24 hours a day, and has passed the acceptance inspection without a single penny in arrears of the project payment. This has made several construction companies in Xiangjiang work on the construction site of Dingtian Company.

We can recruit more workers in the nearby villages, and even repair all the nearby roads for them. Each village must sell at least 500 mu of land to our company, with no ceiling.

Bai Zirui talked about the research and development progress of small CNC machine tools, and asked Xu Zhihao to set aside enough workshops for Walkman and machine tools.He wants to create an automated Walkman production line that can produce and assemble about [-] Walkmans a day.

All wires and sewer pipes are still buried underground, and all office telephone lines must reserve enough space for interfaces, which are network interfaces reserved for the future.

Except for John Chambers and Xu Jingli, Xu Zhihao and several other company executives were in high spirits. They were the biggest beneficiaries of the equity incentive plan.It is conceivable that on the day Dingtian Company goes public, their assets will skyrocket like a rocket.

If conditions permit, I want to build this place into the best factory in the world. If there is not so much land, then we have no choice but to go to the New Territories for development, and we must sell us the land by the sea to build our own wharf.

The original factory building of Dingtian Company, together with the surrounding land rented by him, covers an area of ​​about 0.5 square kilometers, close to 750 mu. Now the construction area has been developed to 102 mu.

Small CNC machine tools are planned to be digested internally in the next 2 to 3 years, and there is no intention of exporting them.After all, Dingtian Company's overall competitive strength is not as good as those companies that have been famous for a long time. It is necessary to lay a solid foundation before it can compete with these overlords in the machinery manufacturing industry.

A month passed quickly, and the Walkman of Dingtian Electric Company officially went into production. There were originally 5 styles of products, but Bai Zirui was not very satisfied with Liang Jinghua's design drawings and eliminated them.

Bai Zirui still paid him the final payment of 10 Hong Kong dollars, and asked him to continue improving the design.Therefore, Dingtian Electric Co., Ltd. has put into production three Walkmans, all production lines have been debugged, and CNC machine tools are also being researched simultaneously.

Bai Zirui's investment in the research and development of the Walkman has reached 3000 million U.S. dollars. The money spent is very worthwhile. The world's most advanced small CNC machine tool that Professor Cen Haozhang is about to successfully develop is more than that. something you can't buy.

Bai Zirui looked at the three Walkmans produced with smooth lines, cool colors and small and exquisite sizes. At first glance, they looked like a good-looking product. He picked up one of the Walkmans, connected them to the earphones, and pressed Play A soft music came to the ears.


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