MTL - Wall Street Legend-Chapter 411 Equity Incentive Plan (2)
Chapter 411 Equity Award Plan (II)
Equity incentives are a subject that all American bosses need to learn.
Too many points will only make employees satisfied with the status quo, which will lead to mental expansion, resulting in negative consequences such as slowing down or job hopping.
With fewer points, it will not stimulate them to continue to work hard. On the contrary, it will make them feel that being a boss is stingy and it is not worth letting themselves continue to work hard for the company's development, which will also have a negative effect.
Ye Dongqing is going to let the middle-level backbone of the company get about 200,000 US dollars, which is roughly equivalent to their salary for more than two years. The year-end bonus at the end of the year can save a large part, and then tie them up with a house.
In this way, there will be no major problems for at least five years, and there will definitely be clear provisions in the contract. They are happy, and Ye Dongqing, the boss, is also at ease.
Silicon Valley's big companies have signed an anti-poaching alliance agreement, but many small and medium-sized companies have not joined in. As a number of giant companies in the Internet field, there are many start-up company bosses who are staring at the talents under him, and they are also happy. In order to get talents to join and pay high prices, it is necessary to buy people's hearts.
At this moment, Ye Dongqing was satisfied with the reactions of the people on the scene, and suddenly got a large sum of money. Of course, these employees were very happy.
Ye Dongqing took advantage of the heat and continued to say: "Whether it is the previous Skype or you, or the employees of my other companies, you should know that I am not a stingy boss, and I am happy to share the harvest with you!
As long as you work hard, you will have houses, stocks, and year-end dividends. I told the first batch of employees of Danshui Investment Group that everyone can become a millionaire and live a prosperous life. At the age of forty, you can retire and enjoy life. A similar commitment is equally effective for most of you, as long as you work hard and give 120% of your energy, the company's appreciation system will make you more successful than you are now! "
"Thank you boss!"
"Wow! I don't know how to compliment you anymore!"
"I will definitely work hard! Don't worry, boss!"
Stimulated by the wealth, everyone at the scene seemed to have been beaten with chicken blood. Ye Dongqing usually didn't have much contact with these employees, so she left the next matter to the CEO, and took the lead in applauding: "Now let Deville Come to say a few words to everyone, welcome."
Standing in the crowd, Deville was taken aback. Just now he was thinking about how much equity reward he could get.
According to the usual practice, the more you work, the more you get, the higher the position. As Ye Dongqing, the second-in-command other than the major shareholder, he thinks that he probably has 10 million US dollars. After all, the Whatsapp program was worthless when it was first established, and the Now it has become an industry giant with such a high valuation.
My heart was burning, with a smile on my face, amidst the applause... imitating Ye Dongqing and standing on the table.
He waved his hand and said: "When you talked about equity rewards before, I said that this day will definitely come. Some people choose to leave halfway, and some people give up their opportunities and choose to live a relaxed but poor life. Let's fight together!
What now! ? You are the winners, accompany the company to today! We have a huge user base and provide the most advanced network communication technology for global netizens. I believe that in the future, we will be more successful! Tell me loudly, who is willing to accompany us to New York and go to Nasdaq to ring the bell for listing? ! "
Hearing these words, even Ye Dongqing couldn't help but want to applaud.
When it comes to the skill of resonating during a speech, he thinks he is not as good as the Deville in front of him. He just does it when he is on stage, and he doesn’t even need a script. It seems that the effect is quite good...
"You really should have told me about this in advance."
Sitting in the office, Deville was busy making coffee for Ye Dongqing, brewing it himself, pouring water into the filter with coffee powder, smelling the charming coffee smell, it was a pleasure.
The small office is not big, it is definitely not as big as Ye Dongqing's anyway, and the layout is fairly neat and comfortable. Through the neatly arranged desks, one can probably know what kind of personality Deville is.
I can be a good person, but when it comes to selecting company executives, Ye Dongqing prefers a decisive and smart workaholic, preferably one with a very high IQ. It doesn't matter how emotional quotient is, anyway, there is no need for the supervisor to communicate with the employees. friend.
If the relationship between superiors and subordinates is too good, he will start to worry about being poached. Ordinary employees leave as soon as they leave, and most of them can find suitable substitutes. However, if the company executive chooses to leave the job to start a business, the harm will be even greater.
Crossing Erlang's legs.
Ye Dongqing leaned forward, took the coffee cup to thank, and said: "I also suddenly thought of going public, and I haven't contacted the Nasdaq Stock Exchange, nor have I contacted brokers or investment banks for help. There is no plan for the road show or anything.
You can release some information to the outside world. I believe they will take the initiative to come to the door and offer the most favorable conditions. I will send someone to help you with this. In June, an Internet company I invested in Huaxia also went public. "
"Tencent, right? I have learned about it specifically. It is a very good company."
Mr. Deville unbuttoned his suit, sat down and looked at Ye Dongqing, and finally asked the question he wanted to know the most: "Then, have the equity rewards been arranged? I haven't received any notice."
Ye Dongqing looked at him for a moment, guessed this guy's careful thinking, and didn't hide anything, and told him: "Your equity dividends must be worth more than five million US dollars. After I go public, I will still be a major shareholder. Customize a generous option reward plan for you. With the increase in the number of global Internet users, the scale of this company in the future will definitely be larger than it is now, so you can't relax just because you are listed. I remember that you have no experience in managing listed companies, right? , you can learn a lot from Facebook executives in this regard.”
Five million dollars.
Ordinary middle-class white-collar workers in the United States can’t earn so much money in their entire lives, and they are almost considered raw shares. Judging from the upward momentum of Whatsapp, it is possible to move forward a few steps in the future, which is considered a relatively good salary, not to mention the future. A villa can be allocated as a reward, these can already be determined.
The figure was similar to Mr. Deville's own estimate. After hearing it, the smile on his face couldn't be hidden, and he flattered him: "The company can develop, and you, the boss, have the most credit. Will do my best to do better.”
"Don't say it, show me later.
It’s listed here, someone from Facebook will definitely come to me, keep the stock rewards for you secret, I’ll ask someone to draw up a plan as soon as possible, remember to send it to the mailboxes of all the employees for me..."
(end of this chapter)
