Chapter 142 [Arrangement of Treatment and Positions]
The next morning.
At this moment, Qin Weimu was in Luo Sheng's office, and the two sat together to discuss issues about Yao Jianhong's treatment and position arrangements.
Luo Sheng leaned against the sofa, put his legs on the low table in front of him, stared at the ceiling and thought for a moment, and said to himself: "You said he has the ability of an executive vice president. Judging from the meeting and conversation with him yesterday, Yao Jianhong is indeed a rare talent..."
Speaking of this, Luo Sheng stopped and continued to think about it. After a while, he withdrew his gaze and turned his head to Qin Weimu sitting next to him: "The executive vice president will give you some time to act for a while. After all, we still don't understand what his execution ability is, and we still don't know much about it. It's a bit more risky to hand over such an important position."
Luo Sheng is not lacking in courage, but it does not mean that he is blind. He does not doubt people when using them. However, he must make a prudent decision before using them. Once they are used, don’t doubt them. If you doubt it, it’s better not to use them.
There are more than one vice president in the company, many, but the executive vice president is the first among all vice presidents. In other words, the second largest person in the company after eO. Execution and execution are the real people who do things. Yao Jianhong's execution ability is very important.
Luo Sheng has not seen his execution ability yet, so he cannot make any decisions easily.
Qin Weimu glanced at him: "Then what kind of position do you plan to arrange for him is more appropriate?"
Luo Sheng thought about it and finally made a decision: "In this way, he is temporarily listed as a candidate for executive vice president, but keep it confidential, you and I know that it is. Observe him for a while first, if you can get on the position at any time. As for the current situation... I give him three positions, general manager of supply chain, general manager of sales and services, and president of global solutions sales department."
At present, the project is constantly being promoted, and sales channels are also needed to be built, and it is on a global scale. Yao Jianhong's resume is very suitable, and these positions are not low, just one level higher than his in semiduto company, and in the Costa del Azure company, it is also a core executive level, but there is still a certain gap between the important persons in the core level.
This position is just right for Yao Jianhong, who comes to work.
Luo Sheng immediately made a decision: "Okay, that's it!"
Qin Weimu nodded and said, "What about the treatment?"
Luo Sheng thought about it and said, "Just give him 0.2. Based on this option base, you can calculate how to give it."
There is also a lot of knowledge about how much you get to pay.
Qin Weimu thought: "Is 0.2%... According to the company's current asset scale, based on the current calculation, the exercise price is RMB 60 million."
Legal affairs and audit have a strong linkage. Qin Weimu is a professional in this field. Luo Sheng threw a benchmark number to her and asked her to calculate how to arrange treatment.
Qin Weimu is also capable of calculating. After all, his professional attributes are present. He immediately said: "According to the current situation of the company, he still insists on giving high salaries. The annual salary is ¥13.2 million yuan."
Salary and benefits are not what you give. Of course, if Luo Sheng doesn’t care, then he doesn’t have to consider these details. It’s okay to pay a price depending on his mood.
But he will not do this. This is a manifestation of irresponsibility to himself, the other party, and the company. He cannot give highs or lows. Instead, he must give reasonable reasons. This reasonableness is also time-stage and is very flexible.
The issue of treatment is not only a matter of vested interests, but also one of the forms of recognition of his work.
If you give it a low point, Yao Jianhong will definitely be dissatisfied. He will either resign or just stumble on the job. People like him are likely to resign.
In the end, it will harm the interests of the company; if you give it high, you will be able to float. Such talents will also realize financial freedom. No matter how high the treatment is, he will not feel that it is high. In the end, it will harm the interests of the company.
Only when it is reasonable under the premise of time phase can everything be covered.
Qin Weimu offered an annual salary of RMB 13.2 million not based on her feelings, but the company has a complete incentive mechanism to play a role behind the scenes, which will give birth to a set of algorithms. This is also the solution she designed and provided.
For executives who are introduced to the core level of the company from the outside, their annual salary is determined by equity incentives. With this framework, various data can be calculated smoothly.
The core executives introduced from outside need to allocate shares, the condition that they need to meet is that they must work in the Costa del Azure company for five years, and at the same time make positive contributions to the company's development, highly recognize the company's culture and are willing to continue to work hard for the company's mission, vision and values.
Only by meeting this condition can one become a real shareholder of the Costa del Azure Company and only then can one own the company's dividend rights, sale rights, right to know and voting rights.
The virtual option that gives Yao Jianhong 0.2% shares has a five-year lock-up period, but only has the dividend right within five years, but does not have the guaranteed dividend right. This is the guaranteed dividend only enjoys for middle and grassroots employees and below.
In other words, if the company makes money and generates real profits, Yao Jianhong can only obtain proportional dividend income. If he does not make money, he will not have a penny of dividends.
Because as the core executive of Costa del Azure, we must breathe and share the same fate with the company.
Whoever has the money is worried about? Only in this way can we work hard. In addition to the founder's personal influence, the driving force of the system is the most important.
The lock-in period is a five-year exercise period, and it can only be purchased after five years. No matter what the value of the 0.2% equity is worth five years later, it is purchased at a value of RMB 60 million five years ago. It is also the same price if it is ten times more. If the company's assets shrink after five years, it is only worth 30 million, but it has to be purchased for 60 million, then no one is willing to do this.
Options are a qualification, and give an exercise price and exercise period. There is no mandatory requirement for buying or not buying when it expires, depending on the choice of the party.
Qin Weimu's suggestion of giving an annual salary of 13.2 million was because she had asked Yao Jianhong to provide his personal asset allocation before. Even if Yao Jianhong reached the exercise period five years later, he would definitely not be able to exercise the right to purchase it at one time, so he set a five-year installment purchase for him.
It is divided into three periods, the first period is purchased 30 million in the first year, the second period is purchased 20 million in the third year, and the third period is purchased the last 10 million in the fifth year.
Therefore, from joining the Coast of Azure Company to becoming a serious shareholder of this company, Yao Jianhong had to work hard for at least ten years to share the remaining value of the company.
Qin Weimu calculated the ten years of work based on Luo Sheng's 0.2% benchmark, and calculated that the annual salary he should be given was 13.2 million yuan each year. She calculated the accounts clearly and offered an annual salary of 13.2 million yuan without any unfair treatment for Yao Jianhong.
However, this annual salary means that he has to pay 5.75 million yuan in personal income tax every year, which is actually completely unnecessary. He can give him an annual salary of hundreds of thousands and then pay it out in the form of a bonus bag.
This way you only need to pay 20% of your tax, which can save the company a lot of expenses.
However, Qin Weimu still insisted on giving high salaries, and Yao Jianhong's income did not increase much because taxes were deducted.
The purpose of doing this is to recognize, and people at this level need to be recognized and valued more. High salary is one of the ways to recognize. After financial freedom, a person's pursuit of money is no longer so eager.
So over the past ten years, Yao Jianhong's total after-tax disposable net income was 74.5 million, which is the guaranteed net income. Because it is not calculated whether he will raise the salary within ten years and has additional bonuses. This is uncertainty, so it is not included.
Then, if you reduce 60 million yuan from it and buy 0.2% of the options to convert them into real shares, Yao Jianhong's ten-year guaranteed total net income is still 14.5 million yuan. Even if the inflation rate over the past ten years is included, this money will be enough for his rich expenses in the next ten years.
What's more, Yao Jianhong had already achieved financial freedom before he joined the company. His personal net assets had accumulated to 20 million. In just ten years, he had more than 30 million wealth to be freely disposal. In this era, no matter which city he lived in, he could achieve financial freedom as long as he did not pursue a luxurious life.
Qin Weimu combined all his factors, calculated them tightly, and arranged them clearly.
In the office, Luo Sheng thought about it and said, "Yao Jianhong's salary is to give him an annual salary of 13.2 million and 0.2% option qualification, locking him in 10 years, right? Okay, that's it."
Luo Sheng made the decision, and Qin Weimu had no other questions and nodded: "I will plan a formal offer to send him in the afternoon."
Yao Jianhong's appointment and treatment arrangements for joining the Coast of Blue Company were decided like this.
Of course, it depends on whether he is willing to sign the contract, but Yao Jianhong will definitely sign it. First, he came to look for a job on his own initiative. Secondly, Luo Sheng did not treat her badly. Both his position and his treatment were higher than when he worked in the semiduto company.
Both sides are smart people, and the treatment is scientific and reasonable, which to some extent reflects the maturity of a company, and Yao Jianhong is also more confident in striving.
Chapter completed!