"Equity incentive for employees with a monthly salary of 20,000 yuan, after all, the full equity incentive is of little significance, the cleaner who sweeps the garbage, this is not an irreplaceable ordinary employee, although we respect, but the significance of using equity to motivate him, is not big! It's not easy to evaluate, but our company can reach a monthly salary of 20,000 yuan, which has been proven to be the best in monthly salary, even if there is not much credit, it is definitely hard work and has accumulated a lot of hard work. Pen Fun Pavilion wWw. ｂiquge。 info This threshold is not high for all of you here! I don't know, do you support this threshold?"

In an instant, all the executives and key employees present couldn't help but applaud excitedly.

"Due to our company's system, the monthly salary has peaked in February, and it is meaningless to raise the salary again. After all, if it goes up, the tax rate will be surprisingly high. For high-income personnel, the tax rate for dividends is lower than the income tax rate for salaries!" Lin Qi said with a smile.

"Hong Kong's income tax rate is not too high!" Gao Tian habitually contradicted Lin Qi.

"The 15% tax rate is capped. "Someone responds to the low.

As a city with a low tax rate, Hong Kong's tax rates are not too high. Especially for the wealthy, even if the salary income is high, the 15% tax rate is capped.

It is precisely for this reason that there are many working emperors in Hong Kong, and the annual salary can be exaggerated to more than 10 million, because, let alone 10 million, even if the annual salary is hundreds of millions, as long as you pay the capped 15% tax rate!

In other countries, Europe and the United States, millions of high-income groups, the tax rate has reached more than 50% or 60%. Therefore, equity incentives are generally popular in European and American countries, rather than blind salary increases. The salary increase is too exaggerated, fifty percent or sixty percent of the income has to be taxed, who will stand it?

"That ......" Lin Qi will not admit his mistakes, "we will be a global multinational enterprise in the future, right? Subsidiaries in various countries will have the same incentive system as ours! Considering that there are a large number of regions in the world, the salary tax rate is on the high side." Therefore, the monthly salary of 20,000 Hong Kong dollars will not rise again. Reaching this standard can be regarded as entering the equity incentive threshold. In the future, if you want to further improve the development space within the company, the main thing is to increase the proportion of equity!"

"Equity incentives are divided into: 1. Subscribe for equity independently, and the subscription amount shall not exceed 80% of its total salary in one year. 2. The company's free part, for example, for the CPU R&D team, the Pangu host team, and the management team of the Tokyo branch...... There are also some executives whose performance exceeds expectations and will be granted equity as recognition based on their achievements. 3. Whether it is the equity subscribed by the employee himself from the salary deduction, or the equity of the company's free incentive gift, while enjoying the rights of shareholders to vote, suggest, dividends and so on, if the employee leaves the company, the company will redeem the cash according to the valuation of the equity in the current quarter. If an incumbent employee wants to cash out his equity, he or she cannot transfer it to non-company employees, but can only sell the company's employees, or repurchase it by the company's shareholders or the company's finance according to the valuation. 4. Since 82 years, the company's financial statements at the end of the year have been statistical, and 30% of the annual net profit is used for dividends. But in principle, dividends should not exceed 50% of the current year's profits, after all, my personal opinion, after you get the dividend profits, you may not be able to find a better long-term investment project than our company. ”

After this incentive mechanism was thrown, most of the company's key employees were quite satisfied. After all, as witnesses of the company's development, they have great confidence in the new start-up electronics company. After all, although HSBC is highly profitable, it is a hundred years of accumulation, and in fact, HSBC's development speed is far less than that of new start-up electronics companies.

To make profits, to have profits, to grow to grow. In addition, the company has achieved very high profits on the basis of investing most of its capital in R&D.

As an insider of the company, I have a clear understanding of these things, and I am naturally very keen on the company's equity.

Subsequently, Lin Qi announced a total of 1 million free transfer incentives for 103 people, including Gao Tian, Yu Youcheng, and Shangdao Yanzi.

Among them, Gao Tian received 50,000 shares, Yu Youcheng received 80,000 shares, and Shangdao Lingzi received 10,000 shares. It can be seen from this that Lin Qi's incentives are still more focused on the incentives for technical personnel, and Ueshima is already the best person in the senior management team, but he only received 10,000 shares of incentives.

But Uejima was very excited, after all...... was finally able to hold the equity of the head office, although the share is very small, but it can be regarded as an affirmation and recognition of her achievements.

According to the current valuation of the company's net assets, the current net assets of New Venture Electronics are only 2.7 billion Hong Kong dollars, and each share is only worth 27 yuan.

However, such a valuation is the employees of the concession company, and if it is a reasonable valuation given by the investment bank, the new venture electronics company is currently worth at least 10 billion Hong Kong dollars.

The valuation of the new venture electronics company is HK$10 billion, which is based on the valuation method of Atari. Moreover, it is also slightly underestimated.

The financial industry values Atari at a value of $10 billion, and Warner's market value is only about $10 billion, that is to say, Warner's TV network and film companies are considered to be given away for nothing.

After the release of the first batch of equity incentive employees, it not only formed incentives for outstanding employees and executives.

More importantly, the board of directors management mechanism has gradually been formed, and most of the company's development in the future will gradually be promoted by Lin Qi's plan to the board of directors meeting to discuss the company's important resolutions.

At this stage, the company is still dominated by Lin Qi, but Lin Qi reserves 15% of the right to approve the use of funds to the board of directors. In this way, the managing directors meet and approve most of the company's investment plans within the quota.

In addition, Lin Qi authorized the management to use 15% of the funds.

In this way, 30% of the company's capital investment plan does not need Lin Qi's signature and seal, reducing the company's dependence on Lin Qi's decision-making, which is the most important reason for Lin Qi's implementation of equity incentives for the company's employees.

In the long run, Lin Qi even wants to build a platform-based enterprise that removes the decision-making center, so that everyone with ambition and ability can apply for financial resources and build their own team, and the company will continue to incubate this kind of small group with entrepreneurial ideas and execution in the future. After the success of the small group, it can grow into an independent subsidiary. After the failure, the human resources returned to the company and re-allocated the portfolio.

This idea may not be mature in other companies, but since the establishment of New Venture Electronics, it has gradually developed in this direction.

At present, the company's internal technology research and development team, each of which is qualified technical personnel to apply for funds from the company, and then began to recruit like-minded colleagues or new employees to join internally. For some successful projects, the participating employees jointly receive the project's dividend returns, and as long as the project's products are still profitable, they will continue to receive dividends. It's not terrible to fail a project, because after the project fails, they are still employees of the company and can continue to join other new project teams.

In other words, within the new start-up company, a start-up perpetual motion machine is gradually formed. The internal technical personnel are always bursting with the fire of wisdom, and they are constantly relying on technology to start a business.

Most of the projects are projects that can see results in a short period of time and quickly form a return on the participants.

This is why Lin Qi gave away equity as compensation to Gao Tian, Yu Youcheng and others, because these projects that cannot make quick money in the short term must be done, and it is the company's most technically capable people to do these core technologies that cannot receive dividends in the short term, but are conducive to the company's long-term development.

Next, the crowd began to talk about the proposal to open branches in the United States, Europe, etc. After the success of the Japanese subsidiary, the management of the new start-up electronics company has a strong desire to expand globally. Of course, Lin Qi agrees to global expansion, especially the current North American market!

Even if the game industry conquers the entire Asian market, its current market share cannot be compared with that of the North American market. It can be said that the rules of the global game industry for many years to come will be dominated by North America.

In the 80s, the Japanese game industry once became the dominant industry in the world, because Japan's Nintendo, Sega and Sony's console platforms have entered the American market and become the mainstream game platform in the market.

Later, after the resurgence of American game companies, they were reborn on the PC platform. Gradually, a large number of game giants were incubated, and because Japanese manufacturers did not keep up with the development trend of the world game industry and ignored the development opportunities of PC games, the dominance of Japanese manufacturers in the game industry began to be unstable.

Even later, the Chinese game market gradually rose, but the North American market is still an extremely important high-end market for the world's game industry.

"The North American branch must be established in the first half of this year. Lin Qi said in a deep voice, "Drawing on the experience of the establishment of the Japanese branch, the team still needs to be localized." Recruit locals, so that you can better understand the local culture and market. ”

What multinational companies are most afraid of is not that they are employing people of mediocre level, but that they are afraid that foreigners who do not know anything will be parachuted into the top and completely ignore the local market rules, so they will start to copy their experience indiscriminately.

In fact, the successful experience of any country in the world may not be successful if it is transferred to another country. We must realize that every country and market is special, and business is not a natural science and mathematics, and there is no truth that is always correct and always applicable.