Chapter 38 Incentives
"Boom! Boom! Gollum ......"
After sending off the two Gentlemen Huntelaar and drinking the water from the glass in one gulp, Taylor could still feel his lips dry, his throat on fire, and his heart pounding like a snare drum.
"Congratulations, Frederick!"
Looking at Mr. Taylor with a face full of surprise, Henry? Gantt's face was full of envy, and there was even a hint of jealousy: "Mr. Huntelaar is so generous, if you have been serving these factories, you can get up to five percent of the shares in the future!" God, according to our two days of inspection of the current situation and prospects of several factories, it means that you only need to sit in the position of general manager for ten years, and you can reap millions of dollars! ”
Thinking of the conditions that Mr. Huntelaar has just offered, Henry? Gantt's heart was also beating wildly.
"How is that possible?!"
After listening to his friend's words, Taylor suddenly laughed and said, "Didn't you hear clearly just now?" Mr. Huntelaar is talking about the shares given to the management, not to me personally! ”
"Does it make a difference?"
Unable to turn his head a little, Gantt asked with a frown.
"Of course there is a difference."
Shaking his head, Taylor smiled and said, "Didn't you hear clearly? The shares of pharmaceutical companies, medical device companies and daily necessities companies are split, and each company has five percent of the shares to the management, and I am only one of the members of the management! And Mr. Huntelaar's meaning is very clear, it is not given every year, and he will only give 0.5% of the share award every year if the company's development reaches expectations, understand? ”
"Hmm......"
Nodding thoughtfully, Gantt's heart beat faster again. If the share award is given to all management, wouldn't that be ......
"Go for it. Henry. ”
Patting his friend on the shoulder, Taylor said with emotion: "Mr. Huntelaar is a generous boss, as long as you can do well in the future, you can also get a considerable share, this is a step in heaven!" ”
In the past two days, the two of them have not been idle, and they have carefully investigated the three factories. Naturally, it is clear what a bright future the three companies have - all products are unique, and although they have competitors in Europe, they are also John? Mr. Huntelaar's industry or patents still have no competitors in the North American market! In other words, as long as the management of the factory is straightened out, this is a proper three gold mines......
After some excitement, Henry? Gantt sighed: "The only pity is that these shares are not permanently transferred, and they must be repurchased at a real price when they leave the company......
"Haha. Be content! ”
Smiling slightly, Taylor waved his hand and said, "If you are allowed to leave the company with your shares, how can Mr. Huntelaar guarantee absolute control?" This is already very good, the harder the management works, the higher the market value of the company, and the greater the future earnings! Whether you stay or leave, you get enough in return, doesn't it? ”
Speaking of Mr. Huntelaar's decision. Taylor is also full of admiration.
Attractive shares are used to attract good managers, but these shares can only be owned while they are in office. Once you retire or leave the company, you must buy back at the market price! In Taylor's opinion, this is definitely a very bold and great benefit to the company - it allows the management to do its best to serve it and maintain absolute stability!
Listening to Taylor's explanation, Gantt naturally understood.
"So, come on, Henry!"
Looking at Gantt, who had been following him in history for more than ten years. Taylor said sincerely: "Although Mr. Huntelaar intends to hand over these three companies to me, it is impossible for me to directly manage all the companies, and I need a competent helper now and in the future!" And don't forget, in addition to these three companies, Mr. Huntelaar also has a promising future of General Motors and Motorola Communications. They will need the best people to manage ...... future."
……
"John, are you sure they deserve it?"
After sitting on the aurora, old Huntelaar's face immediately sank: "The highest five percent of the shares are given to the management without any investment, are you sure?" ”
Two "Are you sure?" in a row. It didn't make John uneasy, he smiled and said, "Grandpa, how can you say that they don't have any input?" If the three companies develop and grow in the future, they have paid their time and energy, and can even say that they have paid their youth and lives, how can it be said that they have no investment? ”
"But ......"
With a frown, old Huntelaar was still a little incomprehensible.
In these years, there are very few companies that use shares to attract pure managers, and even if there are, they only need a few, how can there be a wave of five percent like John?
That's too generous!
Although the elder Huntlaar did not directly oppose John's proposal just now, it does not mean that he will not dwell on it later and question his grandson. Not to mention three companies, even if there is only one Heinz pharmaceutical company, now 5% of the shares are hundreds of thousands of dollars!
"Don't worry, grandpa, have you ever seen me in a loss-making business?"
Compared with the dissatisfaction of old Huntelaar, John said confidently.
If John was a contemporary entrepreneur, of course, it would not be possible to give away five points of shares, but he positioned himself as a physician in the future! And the old Huntelaar is really old, and his industry must be handed over to others to manage after all, so why not use shares to envelop managers? Before, John was reluctant to give because he had not met someone worthy of giving, but now there are the words of Taylor, the father of scientific management......
For the traverser, of course, it is necessary to use share incentives to retain this management master.
And from beginning to end, John didn't say that he would definitely give five percent of the shares in ten years, you know, with the products of the three companies, it is normal to maintain rapid development every year, if you just give shares like this, how to reflect the value of Taylor?
Therefore, it is necessary to clarify the employment contract with an incentive mechanism.
Think about the many problems in several factories, and think about the role that Taylor has played in the development of the company after he joined, let alone five percent of the shares, even a few more John don't think it is anything.
And......
Looking at the old Huntelaar, who was still a little unrelieved, John smiled slightly and said, "Grandpa, don't worry!" The future development of the company is no better than before and now, management and technology are the most important. Therefore, in addition to rewarding the management with shares, I will also give at least 10 percent of the shares to the scientists who invent new drugs or improve the manufacturing process......" (To be continued. )