Rebirth 2008: I Can Make Money Reading
Vol 2 Chapter 195: Equity Incentive Issues
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Rebirth 2008: I read Chapter 195, Equity Incentive Issues, I Can Make Money
Going public involves distribution of benefits, so asking the boss doesn't mean he wants options.
The employees know that the boss still has a company that is preparing to go public. The current valuation should be 10 billion yuan. After all, the two companies will open together at the annual meeting. At the annual meeting, the boss said that if Nai Xue can be listed successfully, Nai Xue employees can get equity incentives or other rewards.
Xinghai and Naixue are both boss' companies, so they shouldn't treat employees differently.
It's like his two children, and it's sure to be a bowl of water.
Now, the boss brought it up in person, and everyone pricked up their ears and stared at the boss's bright eyes to see how to say it.
Mu Yang noticed everyone's fiery gazes, and felt like he wanted to strip him layer by layer.
He smiled, then quickly withdrew his smile and said solemnly: "I can tell you clearly and solemnly that Xinghai will not be listed.
However, at this time next year, the group will implement the equity incentive system, as long as employees who work hard and contribute to the company have the opportunity to obtain corresponding equity incentives.
When the employee leaves the company, the equity incentive will be withdrawn;
Only when you are employed can you enjoy the profit dividend of the year.
There is no specific plan for the matter I am talking about, and there is still one year left. I hope everyone will do the work at hand first. "
Equity incentives do not need to divide their own shares. Employees receive a corresponding amount of equity incentives and receive corresponding dividends in the same year. When they leave, the equity incentives will be unconditionally recovered by the company.
This kind of welfare effect also helps to enhance the cohesion of the enterprise to its employees, which is conducive to the formation of a corporate culture based on "benefit sharing".
Muyang uses the bond of equity incentives to tightly bind the interests of the motivated and the interests of the enterprise, so that employees can actively and consciously strive to achieve the common goals of the enterprise, and at the same time, this method also minimizes the cost of supervision.
This is also a long-term incentive mechanism to motivate and retain core talents, and it is one of the most commonly used methods of motivating employees in most companies.
Mu Yang did not express his position. After Nai Xue goes public, more and more employees in the group will discuss the listing of Xinghai, and things that didn't exist will come true.
When a company goes public, options or other incentives are generally awarded to the company's middle and senior management and core backbones.
At that time, once Xinghai Company is not listed, or cannot get option rewards, some people will be very disappointed, because the expectations given before are too high.
So, this rumor must be broken now.
Muyang will not give employees shares, but will give dividends for equity incentives, which is actually to increase the year-end bonus.
The model of giving year-end bonuses directly is too boring, and equity incentives are like an upgrade mode, motivating employees to work hard, to get more shares of equity incentives, and to treat the company as their home.
Xinghai Group will have more and more high-tech in the future. If there is no equity incentive, individual employees will not be able to resist the temptation of competitors or external parties, and it is very likely that company secrets will be leaked.
With equity incentives, the cost of leaving Xinghai is much higher.
As soon as Mu Yang finished speaking, all the participants were very excited, as if they had been beaten with blood.
Many people have never thought about options, because the general company owner will not easily transfer shares.
Mu Yang originally wanted to talk about the salary, but in the end he didn't.
Now that prices are rising rapidly, the wages of employees will definitely rise.
However, how much is a reasonable increase needs to be discussed with the personnel, and at the same time, let the finance calculate the increased cost.
The middle and senior level and ordinary employees of the company, when their work ability and experience have improved, will also evaluate their own salary, and will also compare with other companies of similar size, status, and the same area. Only when they think it is more fair, Only work hard, and the incentive mechanism will continue to be effective.
Mu Yang raised his salary, not because the company's benefits were good, and he just raised it at will. If the benefits were not good, how to reduce it?
Don't raise it too quickly, just increase it every year, which is higher than the expectations of employees.
How much each person will increase is based on each employee's situation, not a fixed percentage or amount.
Some employees have just joined the company, and of course they are not suitable for salary increases;
For new employees, their work experience is rising rapidly, and their wages must increase the most.
And like some employees who have worked for many years, their wages may not change or increase slightly.
After the meeting, they dispersed.
Muyang asked Personnel Supervisor Lai Chunqin and Vice President Zhang Xiaofeng to come to his office to explain the recruitment of R&D talents for the two-person arc welding machine project, which requires about 30 talents. The recruitment of the company and the recruitment of the headhunting company are carried out at the same time, and all personnel are required to be in place within three months. .
There is not much design work for arc welding machines. Muyang has completed the drawing of technical mechanical diagrams, circuit diagrams and electrical diagrams and the compilation of design instructions. After digesting these technical data, personnel are required to produce parts and assemble prototypes.
"As long as you meet the right talents, salary and treatment are not a problem." Mu Yang ordered, "It should be noted that the company will have more and more cutting-edge technologies in the future. For me, the character of an employee is better than the ability. more important.
However, for new employees, character cannot be measured, and can only be learned through the recruitment communication process and background investigation.
However, people can fake it, and it can be roughly judged from a person's performance towards vulnerable groups.
In short, judge for yourself, I just remind you that you must be more cautious when recruiting technical talents in the future.
In particular, when our company has more and more cutting-edge technologies, some people with ulterior motives must sneak into the company to steal technology.
There are not so many requirements for other positions. "
The vice presidents Zhang Xiaofeng and Lai Chunqin understood what the boss said, and it was not an alarmist. The company did have the potential to be stolen by its competitors.
President Zhang said: "Chairman, with the company's efficiency, we can recruit more fresh graduates."
Mu Yang nodded: "Of course, it can be stored in large quantities, it cannot be ignored, it will be a new force for the future group.
However, fresh graduates have to go through several years of work experience before they can shoulder the heavy burden. The company's current main force is still social recruiting. "
Just as he was about to let the two leave, he suddenly remembered something: "By the way, help me recruit two secretaries, I can't always ask Sister Lai to help me with trivial matters."
Lai Chunqin showed a smile: "It's fine, Chairman, but sometimes I'm too busy and distracted. Do you have any requirements for the secretary?"
Mu Yang said: "I have more complicated affairs, and I also have no skills. It is normal to have a woman who is more careful and responsible for the daily administrative affairs and secretarial work of the office, the collection and management of secretarial files, the recording of various meetings and conference affairs, etc. It is normal. administrative secretary.
The other is to train as a vice president, if you want a man, and the company develops internationally, you can recruit a returnee MBA. "
Zhang Xiaofeng suggested: "Chairman, the group is developing rapidly, you have a lot of affairs, and your time is precious. Maybe two secretaries are not enough. I suggest setting up a secretariat office to be responsible for your trivial matters.
At present, the three major businesses of the group, the investment company, the group headquarters, and the Naixue company, can recruit one each, and another one to be the director of the main office, in charge of all secretaries. "
"Yes, it is indeed time to set up a secretariat, as long as the ability is competent, regardless of gender." Mu Yang agreed.
Next, Mu Yang discussed with the two about the employee's salary increase, and finally let President Zhang be responsible for drafting the plan.
The group will not publicly announce the salary increase plan. After all, the salary increase of each employee is different. When the employee sees their salary increase, they think that it is only their own increase, and it is enough to secretly have fun.
A few days later, it was March 1st.
The laser developed by Xinghai Group was successfully mass-produced!
With the current equipment and personnel, UU Reading www. uukanshu. com can mass-produce up to 5,000 units per month, which can meet the company's current needs.
The company has many new employees entering the Xinghai Group every day. As of today, the total number of employees in the group has reached 500.
Eight days from the start of construction after the year to today, the company has signed more than 1,000 handheld laser welding equipment.
However, the company still has more than 5,000 hand-held laser welding equipment that has not been delivered. The inventory of ipg lasers has long been exhausted, and hundreds of self-produced lasers have been used.
The domestic counterparts who have been paying attention to Xinghai Group have finally discovered that Xinghai Company uses its own lasers.
The ipg Huaguo branch also discovered this situation and reported it to the headquarters.
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