Wall Street Legend
Chapter 332: Welfare
Chapter 332 Benefits
Talking about feelings with employees is simply playing hooligans.
Who gets up early in the morning every weekday when he’s full, and doesn’t get off work until after dark?
After all, it is not for making money. Of course, there are also factors to realize one's own value, but it is only secondary to money. It is reasonable and reasonable for employees to work hard and get a corresponding return from the company.
The average salary of the Internet companies founded by Ye Dongqing is among the highest in Silicon Valley. They have been elite from the beginning, and non-talented people are not accepted. It is no exaggeration to say that even the security guards and cleaning staff have to have more than two years of work Experienced, background checked by HR, no criminal history, positive personality.
The median annual income of other positions is US$80,000. The US dollar is still relatively strong these days, and housing prices in the Greater Bay Area of San Francisco are not so high. With this kind of salary, it is enough for ordinary employees to live a small white-collar life. A large part is spent on personnel expenses.
I didn’t implement the equity incentive plan like other start-up companies. I was worried that the employees under me would complain and quit, so I set the salary higher than the normal level. At the beginning, he became psychologically unbalanced, and news about the equity incentive plan came to Ye Dongqing's ears one after another. Mr. McCord once told that he had received several proposals.
After all, it is nothing more than their personal interests.
People, it’s normal to like money. If they can’t make them feel profitable, where can they find employees to work hard for them?
For example, the head of the trade union who is following Ye Dongqing at the moment is said to have been spontaneously organized by Facebook employees and elected a volunteer Indian young man as a representative. He is speaking to Ye Dongqing in English with a strange accent: "According to the data released by a survey agency, an extra dollar invested by a company in employee welfare plans can bring about six dollars in economic benefits to the company, which proves the close relationship between employee benefits and corporate effects from a data perspective. .
We have the right to be better integrated into Facebook and to do more work, but when are you willing to give us more benefits? I mean equity benefits, many people are paying attention to this, some are old employees who have joined the company for a year and a half. "
"A year-and-a-half old employee? Well, compared to the time when Facebook was founded, it is indeed an old employee. Listen to what you mean, if I don't give more benefits, then you will not want to work hard, it seems I need to re-evaluate the issue of year-end awards, maybe I gave too much last year."
Ye Dongqing doesn't know who chose such a stunned young man who is not afraid of him at all. He is on his way to his office. This guy has been harassing him since he was in the parking lot, probably because he is too boring. I even think this guy is more interesting, especially in terms of accent. If you listen to it too much, your tongue will tie up and you will forget how to say American English.
Last year, he gave the employees of Facebook and Danshui Investment Group a few months of salary as a reward, which is quite good, but these employees have indeed brought him great benefits. It is estimated that this is what they want to unite. It takes the confidence to make progress, after all, Facebook's valuation this year has risen quite astonishingly.
Hearing this, the Indian boy Hrithik was immediately stunned. He expected Ye Dongqing to question himself like this, thinking that if the benefits were not increased, but the year-end bonus would shrink this year, wouldn't he be killed by his colleagues? Immediately shook his head and replied seriously: "That's not the case, we have been 100% dedicated, but we still have a little requirement for the working environment and benefits.
It would be great if you, the distinguished boss, are willing to learn from Google and implement a more humane corporate management system, a more reasonable promotion and equity incentive system. The people at Google have been secretly saying that you are not as generous as their boss . "
Using all the aggressive methods, Ye Dongqing gave this guy a sideways glance, and asked him with a smile on the corner of his mouth: "Tell me, how does Google do it?"
"Their employees died unexpectedly, and they can get a pension equivalent to five years' salary. Of course, we don't want to have problems with our health, but what if someone has an accident? Didn't a guy in our company die last time because of a car accident? They were knocked into a vegetative state, and a programmer stumbled and fell into a pit while walking his dog and became a vegetative state. Their families were not well taken care of.
In addition, they removed the positions of engineers and managers and gave us a more free working space. Now there are people who manage, but not as strict as our company. For example, those people have 20% free space in their work, and they There are also exquisite pastries in the cafeteria. "
Probably because Ye Dongqing was not angry, Hrithik became more energetic as he spoke.
At any rate, it was the "leader of the labor union". Ye Dongqing was not angry, and told him: "I will find out about the pension. If it was not handled properly at the time, I will definitely compensate their family members, but cancel the supervisor... Who is your supervisor? , Did he offend you?
If no one assigns, who assigns the work? I think you just want to be lazy. Maybe those of you who are engaged in mental activities really need more rest time. If you are busy and tired, you should take a break once in a while. It’s not like you are in college, and you still need get out of class time. First organize your ideas into a document and send it to me. If it feels appropriate, I will consider adopting part of it. "
Hrithik took out a paper document on the spot, not wanting his supervisor to know about it, pretending to be a fool and not answering, finding an excuse to say that he still had work to do, and slipped away as if to escape.
Ma Xi followed to the company. She looked at the back of the Indian boy and said to Ye Dongqing: "Your company is very interesting. No one in my company dares to say no to my father. What they need to do Just do a good job, employees are absolutely free without them."
"Right, you can see it too. It's already quite loose, but you still feel constrained. I have to go to Google to check it out when I have time. How can it be as good as they say."
Ye Dongqing felt that she was despised by some employees, and even began to imagine inviting Larry Ellison, Elon Musk, or Jobs, Bezos to teach them a lesson. Known for their hot temper, if they were in charge of this group of people, who would dare to make such an opinion?
I said to myself and added: "Maybe it's because I don't come here often, and I don't have the majesty. In fact, I prefer to adopt a management model that constantly squeezes employees and stimulates their desire to survive. This seems to be good now. I feel a little A free corporate culture…”
(end of this chapter)
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