Rebirth, you call this an honest man?

The financing of Pinxixi Mall was a complete success. After Wang Heng and Xiao Yan returned to the company, they were surrounded by employees from the marketing department to celebrate...

Everyone was jubilant and happy to raise funds for the company. Wang Heng was not a unique person, so naturally he would not disappoint others.

“This successful financing of Pinxixi Mall is inseparable from your efforts. You are on the front line in maintaining Pinxixi Mall.

In particular, employees in the customer service department have to answer countless calls from users every day, and are even abused by users for no reason.

Many customer service girls even cried and wanted to resign from Manager Xiao... Now the hardship is finally over and the glory is coming.

Verbal thanks seem stingy as a boss. Let me give you something practical. I announce that starting from today, the wages of all Pinxixi employees will increase by 10%."

As soon as Wang Heng finished speaking, he was directly lifted up by an employee.

"yeah!"

“The boss is awesome!”

“Boss is awesome!”

"yeah!"

…

Wang Heng was thrown out by the male employee, and the female employee was pinched in the pile, but she was not angry at all.

Xiao Yan came over and looked at Wang Heng's face, and couldn't help but "hum" hard.

All the female employees who heard Xiao Yan's voice stopped.

Xiao Yan walked up to Wang Heng and took out a tissue to wipe away the marks on Wang Heng's face and said,

"Everyone is gathered here, don't you care about your work?"

Xiao Yan has been a leader for so long and has long since developed prestige, so a group of employees immediately dispersed.

Wang Heng was not angry when Xiao Yan interrupted his mood. In fact, he was very satisfied with Xiao Yan's performance. If Xiao Yan couldn't control her subordinates after so long, then she could only be Lu Yingying.

However, Lu Yingying already has one, and Wang Heng doesn’t want the second one yet.

So if Xiao Yan doesn't get any help in her career, then Xiao Yan will become less important.

Wang Heng waited for Xiao Yan to wipe away the marks on his face and said, "Inform the heads of each department and let's go to the conference room for a meeting."

"Um!"

Xiao Yan nodded, followed Wang Heng into his office, and used the chairman's office phone number to notify the heads of various departments,

Wang Heng doesn't have a secretary yet, Lin Wenying is just a nominal one, and Xiao Yan handles some things for him.

Wang Heng held this meeting to determine equity incentives. As long as no employee working in a startup company does not want equity incentives,

Wang Heng made the decision last time because it was his sole proprietorship. He could do whatever he wanted.

Of course it won't work this time. We need to hold a meeting for everyone to discuss together and then send the results to each shareholder.

Now that Pin Xixi has received financing, employee equity incentives cannot be arbitrarily imposed by him.

Unless he alone supports employee equity, then he is not a fool...

Wang Heng read a lot of rebirth novels in his previous life. The protagonist in those novels was very generous and gave away stock rights at will. Wang Heng had a toothache from reading it.

Moreover, employee shares were actually given away for free, which made Wang Heng inadvertently wonder if those authors had ever worked?

The boss asks you to come to work at market level or even higher wages, but still has to give you dozens or hundreds of times the equity for free? This boss is not a capitalist, but a charity!

There are free equity incentives, but they are only available to a very few outstanding employees and leaders, and the boss pays them as bonuses.

Instead of working in a company, your boss has to give you free equity that is countless times higher than your salary.

Do they know what the 361 performance appraisal system is? Even good companies like Huawei are implementing it.

Ordinary workers in these companies are still in the PK. They were eliminated accidentally and they still want to get stock rights for free. I think it's too much.

In fact, almost all employee equity in startup companies requires employees to pay for it.

It's just that it's not the market price, but the employee price. In many startup companies, employee shares are priced at one yuan per share.

Don't look at the fact that the stock price of some listed companies is less than one yuan after listing. That is because the company issued additional shares when it went public. One original share became ten shares when it was listed.

For example, when Pinxixi raised funds, it was determined that the original shares were 1 billion shares and the valuation was 3 billion, then the stock price would be 3 yuan.

This is the first round of financing. When the B round is carried out, Wang Heng’s equity, including the equity in Tencent and the 14 followers, will not be small.

Since everyone has a lot of equity, where does the equity for financing come from?

Naturally, the shares have been expanded. After the share expansion and financing, shareholders will be short of shares rather than shares.

Unless a shareholder sells his equity, even if your company raises funds ten times, he will still have a lot of stocks.

Pinxixi Mall now has its first round of financing, and Wang Heng holds 600 million shares.

Expanding the Series B shares by 20% means Pinxixi has 1.2 billion shares, and the extra 200 million shares will be sold for money.

If Wang Heng had money, he could also buy a little, and then it would become 650 million shares.

Of course, the valuation increased during the B round, and the stock price was naturally not the original 3 yuan.

For example, the employee share price of Pinxixi is now set at one yuan. An employee spent 10,000 yuan to buy 10,000 shares of Pinxixi stock.

During the first round of financing, the stock price was 3 yuan, which is equivalent to the value of 10,000 shares held by this employee at 30,000 yuan, which has tripled.

Then after Pin Xixi passed the bcdef round, its valuation increased dozens of times. Naturally, the value of the shares held by employees also increased dozens of times.

Then the company saw that the stock price was too high and the number of shares was too small to facilitate listing, so it split the company's overall equity 1 for 5.

The number of stocks increased five times, and the stock price naturally dropped.

The 10,000 shares held by this employee naturally became 50,000 shares.

If Pinxixi’s stock price is 20 yuan per share after its listing, then the employee shares that this employee originally spent 10,000 yuan to buy are now worth 1 million.

This is why after a startup company successfully goes public, many employees have earned millions or tens of millions, some have earned tens of thousands or hundreds of thousands, and some have not even earned a dime.

Employee equity is not mandatory for employees to buy, but it will also limit the number of employees to buy.

Therefore, there are some employees who cannot trust the company. Although they have been working in a startup company, they have not been able to enjoy the benefits of the company's listing.

The meeting lasted for two hours, and everyone finally discussed the establishment of an employee equity pool.

The company added an additional 150 million shares to the employee equity pool, and the stock price was initially set at one yuan.

Ordinary employees will purchase 2,000 shares if they have worked for one year, and the number of shares purchased will increase by 20% year by year.

The initial allocation for lower-level management is 5,000 shares, the allocation for middle-level management is 10,000 shares, and the allocation for senior management is 50,000-100,000 shares.

And the equity issued to employees will be recovered by the company at the market price after the employee leaves the company. Of course, the voting rights for this part must be in the hands of the chairman.

In this way, always maintaining the company's employee equity pool, and new employees can enjoy this benefit. Of course, employees' stock prices will rise slightly according to the market.

The sooner the equity incentive method is determined, the more you can arouse the passion of employees to work. Therefore, Wang Heng's employee's equity method is determined. The head of the administrative department of Fuxingxi is notified to distribute it to the shareholders.