Rebirth 2008: I Can Make Money Reading

Chapter 196 Equity Incentive Issues

The question of whether Xinghai will go public is discussed privately by not only ordinary employees, but also middle and senior management, but no one dares to ask the boss.

Listing involves the distribution of benefits. Asking the boss means that he wants options.

The employees know that the boss still has a company that is preparing to go public, and the current valuation should be 10 billion yuan. After all, the two companies will be held together during the annual meeting. During the annual meeting, the boss said that if Nayuki can be listed successfully, Nayuki employees can get equity incentives or other rewards.

Both Xinghai and Naixue belong to the boss's company, so they shouldn't treat employees differently.

This is like his two children, who will definitely be leveled.

Now, the boss personally mentioned it, and everyone pricked up their ears, staring at the bright eyes of the boss, seeing what to say.

Mu Yang noticed everyone's fiery eyes and felt like stripping himself layer by layer.

He smiled, then quickly restrained 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 make contributions to the company will have the opportunity to obtain corresponding equity incentives.

When the employee leaves the company, the equity incentive will be withdrawn;

When you are employed, you can enjoy the profit dividend of the year.

There is still no specific plan for the matter I am talking about, and there is still one year to go. I hope everyone will do a good job in the immediate work first. "

Equity incentives do not need to distribute their own shares. Employees receive a corresponding amount of equity incentives and receive corresponding dividends in the year. After resigning, the equity incentives will be unconditionally withdrawn by the company.

This kind of welfare function also helps to enhance the cohesion of the company to its employees, and is conducive to the formation of a corporate culture based on "benefit sharing".

Mu Yang uses the link of equity incentives to closely tie the interests of the motivated and the interests of the company, so that employees can actively and consciously strive to achieve the common goals of the company. At the same time, this method also minimizes the cost of supervision.

This is also a long-term incentive mechanism implemented to motivate and retain core talents, and it is one of the most commonly used methods for motivating employees in most companies.

Mu Yang didn't express his opinion. After Naixue went public, more and more employees in the group would discuss Xinghai's listing, and things that didn't exist before would come true.

When a company goes public, it generally rewards the company's middle-level executives and core backbone with options or other incentives.

At that time, once Xinghai Company is not listed, or if it cannot get the option reward, some people will be very disappointed, because the expectations given before are too high.

Therefore, this rumor must be dispelled now.

Muyang will not give employees shares, but will give stock incentives to share dividends, which is actually to increase rewards for year-end bonuses.

The model of directly giving year-end bonuses is too boring, while equity incentives are like an upgrade model, which encourages employees to work hard continuously, want to get more shares of equity incentives, and regard the company as their own 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 outsiders, and it is very likely that the company's secrets will be leaked.

With equity incentives, the cost of leaving Xinghai is much higher.

After Mu Yang just 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 boss will not transfer shares easily.

Mu Yang originally wanted to talk about salary, but he didn't say anything in the end.

Now that the price of goods is rising rapidly, the wages of employees must go up.

But how much to increase is considered reasonable. It needs to be discussed with personnel, and at the same time let finance calculate the increased cost.

The middle and high-level and ordinary employees of the company will also evaluate their salary when their working ability and experience have improved, and will also compare it with other company positions of similar size, status, and the same region. Only when they think it is fair, Only when we work hard, the incentive mechanism will continue to be effective.

Mu Yang didn't raise his salary just because the company's profits are good, so he just raised his salary at will. If the profits are not good, how can he lower it?

Don't mention it too quickly, just increase every year, which is higher than the expectations of employees.

How much each person needs to increase is formulated according to the situation of each employee, rather than a fixed percentage or amount.

Some employees have just joined the job, so of course they are not suitable for salary increase;

Employees who are new to work, their work experience is increasing rapidly, and their wages will definitely increase the most.

And like some employees who have worked for many years, their wages may not change or increase slightly.

After the meeting, everyone dispersed.

Mu Yang asked Lai Chunqin, the HR director, and Zhang Xiaofeng, the vice president, to his office to explain the recruitment of R\u0026D talents for the two-person arc welding machine project. About 30 talents are needed. .

There is not much design work for the arc welding machine. Muyang has completed the drawing of technical mechanical diagrams, circuit diagrams and electrical diagrams and the compilation of design instructions. After digesting these technical materials, personnel are required to produce parts and assemble prototypes.

"As long as you meet the right talent, the salary is 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, an employee's character is more important than his ability. more important.

But for new employees, character cannot be measured. It can only be learned through the recruitment communication process and background checks.

However, people will pretend, and it can be roughly judged from a person's performance to 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, there must be some people with ulterior motives lurking in the company to steal the technology.

For other positions, there are not so many requirements. "

The vice presidents Zhang Xiaofeng and Lai Chunqin understand that what the boss said is not alarmist talk, the company does have the potential for core technology to be stolen by competitors.

Mr. Zhang said: "Chairman, based on the company's profitability, we can recruit more fresh graduates."

Mu Yang nodded: "Of course, it can be stored in large quantities, and it cannot be ignored. It will be the new force of the future group.

However, fresh graduates have to go through several years of work experience before they can shoulder the burden, and the company's current main force is still social recruiters. "

Just as he was about to let the two of them leave, he suddenly thought of 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 okay, chairman, but sometimes you are too busy to be distracted. Do you have any requirements for the secretary?"

Mu Yang said: "My affairs are quite complicated, and I also have no ability to separate myself. I want a woman who is more careful, responsible for the daily administrative affairs and secretarial work in the office, collection and management of secretarial files, records of various meetings and conference affairs, etc., which is normal. administrative secretary.

The other one is to be trained as a vice president, and you want a man. If the company is developing internationally, you can recruit a returnee MBA. "

Zhang Xiaofeng suggested: "Chairman, the group is developing rapidly, and you have many affairs, time is precious, maybe two secretaries are not enough, I suggest setting up a secretariat office to take care of your trivial matters.

The group's current three major businesses, the investment company, the group headquarters, and Nayuki's company, can recruit one each, and another one to be the director of the main office, in charge of all the secretaries. "

"Yes, it is indeed time to set up a secretariat, as long as you are capable and competent, there is no gender limit." Mu Yang agreed.

Next, Mu Yang discussed with the two about the employee's salary increase, and finally let Mr. 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 employees see their own salary increase, they think that it is only their own salary increase, so they can just secretly enjoy it.

A few days later, it was March 1st.

The mass production of the laser developed by Xinghai Group was successful!

With the current equipment and personnel, a maximum of 5,000 units can be mass-produced per month, which can meet the company's current needs.

The company has many new employees joining Xinghai Group every day. As of today, the total number of employees in the group has reached 500.

In the eight days since the start of work after the year, the company has signed more than a thousand handheld laser welding equipment.

However, the company still has more than 5,000 handheld laser welding equipment that have not been delivered, and the inventory of IPG lasers has long been used up, 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 uses self-produced lasers.

IPG Huaguo Branch also discovered this situation and reported it to the headquarters.