Wall Street Legend

If you are in a company with a dictatorial boss, the job-hopping rate of employees will definitely be high, but this phenomenon does not exist at Facebook.

On the contrary, when an on-campus job fair was held recently, Ye Dongqing remembered someone saying that his companies were very attractive and that one position would often receive more than a dozen excellent interviewers. This showed that they were not really disgusted with the company, but were attracted by it. There is a slight gap when comparing Google. In addition, the equity incentive plan is also an important factor that must be considered. There are some differences between receiving salary and receiving equity rewards. The former will always be a wage earner, while receiving equity means becoming a company. Small shareholders have become part of it.

Since some "union leaders" had already put forward their opinions, he thought it would be better to deal with it first. After he came to the office and sat down, he carefully read the contents of the proposal. He immediately felt happy and said to Mahi: "You should also take a look. , these guys are so shameless, they only think about all the good things, and they don’t mention anything about overtime or responsibility.

If you want freedom, you can, but you must have wolf nature. I will make them regret asking me for higher demands, because I will also ask more for them... Help me find the COO and come to my office. ,Thanks. "

COO, the abbreviation of chief operating officer, is mainly responsible for formulating the company's long-term strategy, supervising the execution of department heads, and being responsible for the daily operations of the company. For such work, just contact her directly.

He stayed in New York longer, and the COO was only recruited after moving to Silicon Valley. Therefore, Ye Dongqing and the woman named Becky Moore met very rarely and did not talk on the phone many times.

Yes, the chief operating officer of Facebook is a woman. She just joined his team in September last year. Although there are some considerations to avoid being accused of "patriarchal tendencies", mainly Ms. Becky Moore is better. , graduated from Wharton School of Business, served in the military, and also holds a master's degree in psychology. When she was in her thirties, she once held a core position in McKinsey Consulting Company. Several HRs recommended her to Ye Dongqing.

For some reasons, Ye Dongqing also felt that it would be better for her to manage a group of male employees. Today, Facebook has more than 3,000 employees and six overseas offices. The gender ratio of male to female employees is as high as nine to two, one A strong and sexy operating officer is more likely to be accepted by the employees below.

When Ms. Becky Moore walked in, she saw Maxi standing there at first sight. She knew that she was a young Chinese boss with a playboy character. She didn’t like it, but she didn’t show it clearly on her face. Rich people The circle is like this. There are no female friends around me who like to hook up with young handsome guys, so there is no reason to accuse.

Maxi does not have the aura of prostitution and looks quite delicate and quiet, which makes Ms. Moore feel pity. Influenced by the mainstream media, she is a little biased towards Ye Dongqing's life style, but she has never questioned his ability and vision. Otherwise, I wouldn't have switched jobs from that consulting company. I just felt that I had room for improvement, so I agreed to the olive branch extended by the headhunting company on my behalf.

Ye Dongqing was polite and straight to the point: "Some employees came to me just now, saying that our management methods and benefits are not as good as Google's, and they also raised demands for equity rewards. After thinking about it for a while, I felt that their needs were reasonable, Moore. Madam, please help me refer to the equity incentive plans of other companies and get one in our company. I will agree to implement it when the time is right.

The threshold is set slightly higher, and a stricter last-place elimination system and a stricter unfair salary system are introduced. The more you do, the more you get. In addition, wages and bonuses are linked to employee abilities, aiming at teamwork ability. They also have to conduct assessments, which will affect their bonuses. Not all employees can get the same amount of bonuses anymore. They must have more wolfish qualities. The external competition we face now is not small. "

"Understood, we will be able to work out a new salary incentive plan according to your requirements in the next few days. There are ready-made examples in other companies that we can learn from. In fact, we have been learning and improving." After being directly pointed to Ye Dongqing, Bei Ms. Key Moore was slightly unhappy at this moment. She could probably guess who they were. The Indian employee had also harassed her, but she didn't want to be interfered with too much, so she ignored them.

He understood the meaning of Ye Dongqing's words. If you want to get more, you must pay more. In the long run, it will be beneficial to the company. The last-place elimination system can keep the company's vitality and competitiveness. Although it is a bit unkind, life is not like this. Bosses give more because employees can help them earn more and keep the company competitive in the long run.

If you want an easy and stable job, it's better to go directly to the US Postal Service, which is under official management. It can lose billions of dollars a year without going bankrupt. With the support of labor unions, who dares to lay off people on a large scale and wants hundreds of thousands of votes? Already? If relatives and friends are mobilized, it will be millions of votes, so that the benefits will be more and more, but no one dares to use it, and a lot of idle people will be raised.

"Well, once it's finalized, remember to send it to me for a look first, so there's nothing going on in the company recently, right?"

Ye Dongqing saw that Ms. Moore seemed to have understood what he meant, so he said no more. He had not yet thought about how and when to implement the new salary and welfare policy. He would first formulate a rough plan, and then It is not too late to make an evaluation. All the risks and benefits involved must be considered comprehensively. Managing a company with a market value of tens of billions of dollars is different from managing an ordinary small company.

Ms. Moore, the current COO of Facebook, shook her head after thinking for a while and replied: "There are some small troubles. As we expand to other overseas countries, many project team directors told me that there is not enough manpower, but this month I can start from major universities. We have recruited many interns, and they will be able to come to work at the beginning of next month, which should alleviate the pressure of insufficient manpower. After several months of observation and understanding, some of them will be retained, while others will be eliminated. .”

"By the way, those interns shouldn't have a place to live, right?" Ye Dongqing suddenly thought of this problem and continued: "The rest can wait for now and help me discuss it with the Santa Clara City Hall. I plan to move closer to Buy a large piece of land on the seaside of San Francisco Bay to build apartments and sell it to them at cost price or a lower price. In addition, you can also rent certain houses to them for a nominal fee..."